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MORTGAGE 86-.100718
<br />.. f`1 rd i_______ -.. ]v t6. by and between
<br />THIS rvD£wT~r itF . ,- ,,. , , , - � der.. of —_,_ a. _ __ -_ _ _"
<br />DUANE A. .,O HN ! r l,tnyc i a;'SKAND AND UI FF
<br />Lea 1 ,and home FtdeTaf facings and I.:wn 4ssuciattonof Griutd Island, a cicporatiat
<br />�' .::numu. \ehraska, as mnrtgagnr _..
<br />mganiaed and existing under the law•. of Inc lured Seale' Of Aman. = with i:s principal rifftce and place of business at Grand Island. 7Vt$ruka, ss
<br />arrrtgagrz:
<br />WIT% ESSETH: That said m:irtgagnr __.S _ -- • for and in consider anon of the sum of
<br />FOUP. THOUSAND THQUSAND TAN nnl 1 ARS
<br />AND KIM OD - -- _ - __— _------------- - - - - -- --- - - - - -- a r, n ;n >.
<br />the Teaxipt of which is be-tb} acknowledged. CID -_ by ttiC- presents monp6emrd ""'W swig amrWgee. ins su"eas"ers and as WA`
<br />forever, all the folio ml; drs. -!bed real estate, s =.tuated in the County of Hal
<br />and State of Nebraska, ttrwit:
<br />ALL OF THE SOUTHERLY SEVENTY AND SIX - TENTHS FEET (S70.6i) OF LOT TEN (10), IN
<br />BLOCK ONE (11 IN GILBERT'S ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA.
<br />Together with all heating. air conditioning hghtirw_ and plumbing equipment and fissures. including, sc-- s, awning., storm windows and
<br />doors, and window- shades or blinds. used nn or in connection with said prope ^y, whether the same are now located on said property or hereafter
<br />placed thereon.
<br />TO HAVE AND TO HOLD THE SAME tugelher with all and singular the tenements. hereditaments and appurtenances thereunto b,-
<br />with said
<br />;ongg, or in anywise appertaining. forever. and watTant the -itie w ?.he same. Said morgagorS. -- hereby covenant
<br />vi
<br />mortgagee titer t he Y cf'e . at th+ acfit -en' :!enrol. the !awful owner S of the premises above con, ved and describer.
<br />�d__dPfy__ seized of a gone! and indefeasible e = :air of :nhern.snre the rein. free and :clear of all encumbrances. and that-- thieY_ will
<br />warrant and defend the title. therein forever agamst :he '_laur - anti demands of all persons whomsoever.
<br />PROVIDED ALii At5 and tl is mstrurient i. ex urn_ and deit. e d c secu - the payment of the rum of _FO�_ TItD ISAi +1 --
<br />TEN DOLLARS AND 5 ^u /1D0------------------------------ Lnllarsrr 40 _O
<br />- -- - -- - -
<br />with interest thereon. together with such charges and ns mad to due an ^. payable to said mortgagee under thin terms and mndition>;
<br />of the promissory none of even date herewit.it and seer ur�•d re ei,•. exe owc ny said mnr gal :or _�.... w said mor, ee. payable a< expressed
<br />in said note, and to secure the perforrtence of all the terms and conditions contained tf:. mm. The term of said note are hereby incorpmnted
<br />harem by tins reference.
<br />It ie the intention and agreement of the parties hereto that tfris mortgage shall also secure any future Advances matte to said mortgagor .
<br />by said mortgagee and any and all indebtedness in addition to the amount above stated whicl, said mortgagors, or any of them. may owe w
<br />said mortgagee, however evidenced. whether by note. bnoh: account or otherwise. This mortgage shall remain in full force and effect hetween
<br />the parties hereto and they heirs, persona: repres- i.atives. successors and assigns. until all amounts secured hereunder, including future•
<br />Advances. are Paid in full with interest.
<br />The mongagor_S_ -. hereby assign . -._.. to said mo ^.gager ail rents and income ansmg at any and All tones from said property and
<br />hereby Authorize said mortgagee or its agent. at its option. upon default. to take charge of said property and collect all rents and income
<br />therefrom and apps} the same w the payment of mterest. Principal. insurance premiums. tales, eesseasments. repairs or improvements
<br />asoemAry to keep said property in tenantable mmfitim. or to other charges or Payments provided for herein or in the note hereby secured- This
<br />rent assignment shall continue in force until the unpaid baiance of said tote is fully paid. The taking of possession hereunder shall in no manner
<br />prevent or retard said mortgagee m the collection of said sums by foreclosure or otherwise.
<br />The failure of the mortgagee to assert any of its right hereunder at any time shall not. be construed As a waiver of its right to assert the
<br />same at any later time. and to insist upon and enforce, stra•t compliance with all the terms and provisions (if said note and of this mortgage.
<br />If said ma"Wor S shall cause w ire paid w said mortgagee the entire amount due it hereunder, and under the terms and provisions
<br />of said now hereby, secured. including future advances, and any extensions or renewals thereof in accordance with the terms and provisions
<br />thereof, and if said mortgagor -.- shall comply with all the provisions of said note and of tbi_s mortgage_ then these P*esent_c shall be void:
<br />otherwise to remain in hull force and affect. and said mortgagee shall be entitled w the possession of All of said I'mperty. and may, at its tgition.
<br />duyrt• the whole of said note. and all mdehiteehiess mpreim d thereby to he immediately due and payable. and may foreciow this mortgage
<br />or take any other legal Action w Protect ttb right. Appri isement waived.
<br />This nairtgage shAiJ roe bmdoµ; upon and +nail enure :o the benefit of t.hr heirs. exerut;,rs, administrators. suctesson and assigns of the
<br />respecti.e- parties he- ,
<br />i� :fITtiES VGhif :flh` -(;P ,n.i. "au ^_y:ac•ur _ i -u vfE hereunt<; —their hand y the daY and rear first abme
<br />wrJi /��l 1
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