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<br /> MORTGAGE
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<br /> ' � ` THIS' INDENTURE, m�de Ehie 26th �y of_ MAY . 18 7S . by and'between � '
<br /> i ' ' 'ltAXFZEE.D G' `OSB�RN ANb MARILYN J.'OSBORN; husband and wife, each in his and her awn
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<br /> ; riSht and as spouse of the other, �
<br /> �... .� Ha12 �q�y..Ne6raaks.:ea�mortgagor,s.end Grand Ieland Tzuet Company of Geend Island,a:eorporetion �
<br /> , :� � organized end ezistin�-under tiie�lawa of Nebraaka with ite . . � ' � .::
<br /> 8 principal office aad place�of business at Grand Iatand,Nebraska,ae.mortgagee:
<br /> WITNE33E1Ri_-..That eaid mortgagor S_,for and ia coneideration of the eum of . ��- ��
<br /> **Six Thousand Nine Huadred Ninety–Eight and 25/100ths** ��{s6,998.25 _ �
<br /> tbe�aceipt of which ia hereby acknowledged,do_b theee reaents mort � � � � �
<br /> y p gage end wareant pnEo�as���mortgagee its auco9eaors aad aseigna,
<br /> forever,all Lhe following deecribed real estate,situated ia the Couaty of Hal l ���� ` � �`� ' �� � R� :. .
<br /> and State of Nebraska,Wwit: � �
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<br /> ' LOT FOUR (4), IN BLOCK FIVE (5) , IN MORRIS FOURTH
<br /> ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY,
<br /> � NEBRpSKA.
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<br /> � � . ,:' Together with-�ell heating,air coaditioning,lig6ting,ead plumbing equipment and Ciztures,including screens,awnings, storm windows and �I�
<br /> ':� �� doora,and window ahadee or blinde,uaed on or in connection with said property,whether the eame are now loeated on aeid property or hereafter ��
<br /> � ' PlBced�t6etfaba. , . �
<br /> �����TO HAVE AND TO HOLD THE SAME.Wgether with all aad singulaz the tenements,hereditaments end appurtemnces thereunto ba �
<br /> � -longing,�`or in�anywiee apperteining, forevu, and werraat the tiWe to the seme. Said morgagora—hereby covenant_with said
<br /> mortgagee that�_he� aro ,at the delivery hereof,the lawful owner g of the premiaea above conveyed and described,
<br /> ,� ���'� are ��of a�good ead indefeanible eatate of inheritance theeein,free aad cleer of all encumbrancea,and that�he�will
<br /> � ;"��warraat e�defend Che title thereto torever ageiast t6e claime and demands of all peraoas whomaoever. �
<br /> PROV IDED ALWAYS,and thie inaCzvmeat ie�ecuted and delivered to secure the payment of the aum of
<br /> � **Six Thousand NIne Hundred Ninetv–EiAht and 25/100ths**����� 6,998.25 �,
<br /> . with intermt tlaereon,togetLer with auch d�argea end edvences es may be due and peyable to said mortgagee under the Lerme and conditions �
<br /> � �of the pmmieeory�te of evea date herewith and eecured hereby,executed by said mortgegos to eaid mortgegce,payable as exprnssed � � �
<br /> � �.. in esid note.md�to eecure the .. �
<br /> performenca of all the termn and rnnditiona contained therein.The terms of said aote are hereby incorporated
<br /> ' herein by thin reEerence_
<br /> �fi It ia the iatentioa and agreemeat of the pertiee hereco t6et this mortgage ehall aleo aecure any futuze edvancea made to eaid mortgagor.S. ��. � .. .
<br /> j �� by said mortgsgee,and my and all indebtedness in addition to the amount above ateted whid,anid mortgagore,or eny of them,mey owe to � �� .
<br /> ; said mortgagea,however evidenced,whethez by no[e,book eceount or otherwise.This mortgage shsll remein ia full force end effect between .
<br /> :�� � the parties hereW md their 6eire,perooml repreaentntivea,aucceanors md assigna,until all amounts aecured hereunder, including future
<br /> advancee,are paid in full with incereec.
<br /> .� . The mortgagor�_heeeby asaign_to said mortgegce all.rente and income arising at any and all times from said property end
<br /> hereby authorize said mortgagee or ite agent,atite option,upoa default,to take charge ot seid property and collect al]rents and income
<br /> .� � �m`���aPP�Y�the`eame to�tbe payment�of�tntszmt.��prl�ipal. tnsurance premiume.�tezee. aeeeeementa� repsire or improvements .
<br /> neceeeary to keep said pmperty in tenantable condiUon,or to other chargee or paytnente provided for herein or in the note hereby aeeured.This �
<br /> '`� ;: rent,assignmeat ehall contiaue In foree until the unpeid belance of eaid note ie fully peid.The teking of posaeasion hereunder ehall in no mmner �� �
<br /> .-� .g�.r�:�pravm�or_rets:d�:�moitg�gee m�:��ihe collection:of aeid�anme by.foredoeure.a�r otherwiee.�.�..: . .. . . �.. . . _. .. ' ... , . .��.
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<br /> � The falure oE the mortgegee to aseeet any of ite righte heceunder at any time ehall not be conetrued en a waiver of itn right Co aseeR the � �
<br /> -^�' same at aqy latat time,�aod W ineiet upon and enforce atrict complience with all the terme and proviaiona of aeid note and of thie�mortgage. � � ���� � ��
<br /> ';� �. ..�If eeld � r.Pi' ehall�canee to 6e � � .. .
<br /> �BsBo psid W eaid mortgagee the entiee amount due it he+cunder,end under the tenns and provieions
<br /> { of aaid mte Lereby seeured.including(ubue advaaoee.and eny eztennions or renewale thereof�in accordence;with the terma end proviaions ..
<br /> 3� Wa[eof.end ii rdd moitgegor,8 ahell comply with ali.thq.pnuvieione of eaid aote and of tktia mortgage�then theae preaents ahall be void: .
<br /> � ok6arwiee to rema3n in fa11 foroe end e�fect.and neid mortgngee shall be entiWed to Lhe poemseion of all of aaid P�'�P�Y.and may.at its option, �
<br /> �-' decJee+e t6e wboie of ssid aote and aII iadebtednese represemted thereby W be fmmedistely due aad PaYable.and may foreeioae Llue mortgage •.•�--"-'
<br /> or Lekb my other leg�l aetlon W Peo�eeE ite}ight.Appraisement�waived..
<br /> �3 This morkpge eh�tl be btnding?iiPoa md ahell enure:W t6e tieneHL of.the hmra.eaecutoxa.admitHetratora:eucceaeora and a5eigna ot the I . 8s r�':
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<br /> . erspeative parta`es heMn;� �� � � �'
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<br /> Il�WITkIESS WHEREOF. aaid Moe6gagorg_La we-Leteunto eet th011". � hand 8.,�. 'the�day and year��ffrst above 1�' ��
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