|
MORTGAGE 96-- 10069121
<br />TIM MDFA UM, made thi..__..__ 7th _ day of ebruarlv..____ _... 19U__._ by and bei,..
<br />ROGER D. NESBITT AND DEBORAH K. NESBITT, HUSBAND AND WIFE — _ —� - - -.
<br />or Hal I County, Nebraska. as mortgagor S . and Home Federal Savings and ,Low Amocaaticat DfCasd Island. a corporation
<br />organised and eidsting under the'.laws of the United States of .America with to principal office and :place of business at •Grand Island, Nebraska. as
<br />YVf77ckSSE7I4: That said mortgagor S fmandincomkkiationofthesumot THIRTEEN THOUSAND THREE
<br />HUNDRED DOLLARS ATtD NO /lO0 --------------------- - - - - -- 11.310-00 1.
<br />the receipt of which . is hereby acknowledged. do_ by hew lnesenjs mortgagr and warrant sum said mermp*ec. its sucocssmis and assians.
<br />-- forever, -all rbe following described real estate, situated in the County of Ha
<br />and State of Nebraska, to -wit:
<br />ALL OF LOT TEN (10), AND THE EASTERLY ONE -HALF (F'�) OF LOT T41NE ( °)r IN BLOCK
<br />THIRTY -THREE (33), IN CHARLES WASMER'S THIRD ADDITION TO THE CITY OF GRAND ISLAND,
<br />NEBRASKA.
<br />Together with all heating. air condittooin g. lighting. and plumbing equipment and fixtures. including screens. awnings. ,term window,. and
<br />doors, andwindow, shades or blinds. used on or in connection with said property. whether the same are now located on said Frropeny or heresift.e.r
<br />;placed thereon. _
<br />TO HAVE AND TO HOLD THE SAME, together with all and singular the tenements. hereditaments and appurtenances thereunto tee
<br />longing, or in anywise appertaining, forever. and warrant the title to the same. Said morgagor _S hereby covenam -. with said
<br />mortgagee that t he ..ii_ arc, at the delivery hereof, the !awful owner S of the premises above conveyed and dc�scriM.ad.
<br />_and —_ are seized of a good and indefeasible estate of inheritance therein. free end 7tear of all encumbrances. and that t �_ w'i21
<br />warrant and defend the title thereto forever against the claims and demands of all persons whomsoever.
<br />PROVIDED ALW AYS. and this Instrument is executed and delivered u, secure the payment of the _m of TH IRTEEN._T-�QUSfiNI2_
<br />IHRU - HUNDRED_ LLARS._AND_1'.1011D0. ------- - ---------- -- Dollars IS _ 13-30D--GO
<br />with interest thereon, together with such charges and advances as may be due and payable W said mortgagee under the terms and condtLion,
<br />of the promissory note of even date herewith and secured hereby. executed by said mortgagor S to said mortgagee. payable a, expressed
<br />in gold sooe, and to secure the performance of BE the terns and conditions contained therem. The terms of said note are hereby incorporated
<br />herein by this :reference.
<br />It is She.intantion and agreement (if the parties hereto that this mortgage shall also secure any future advances made to said mortgagor r
<br />by said mortgagee, and any and all indebtedness in addition to the amount above stated whicf. Raid mortgagors, or any of them, may owe to
<br />said mortgagee, however evidenced. whether by mte. book amount or otherwise. This mortgage shall remain in full force and effect between
<br />the parties hereto and their heirs, personal representatives, successors and assigns. until all amounts secured hereunder including fueu�e
<br />advances, are paid in full' with interest.
<br />The mortgagor _Sy_ •hereby assign_. to said mortgagee all rents and income arising at any and all tuner 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 &pply the wine to the payment of interest, principal. insurance premiums. taxes, assessments, repairs or imptuvement,
<br />neoessary,to steep said property in tenantable • condition. or to other .charges .or payments provided for'herem or in the note hereby secured. This
<br />reotassigument shall continue m force uncifthe unpaid balance of said note is filly paid. The taking of possession hereunder shall in no manner
<br />pre rot or retard said mortgagee in the collection of said sums by foreclosure or otherwise.
<br />The failure of the mortgagee to assert any of its rights hereunder at any time -shall not be construed us a waiver of its right to assert the
<br />game at any later tame. and to insist upon And enforce stria ^, compliance with all the terms and provisions of said note and of tht, mortgage
<br />If said mortgagor 'S shall cause to be pad to said mortgagee the entire amount due it hereunder, and under the term, 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 mid MON11911W .?_ shall comply with all the provnomis of said note and of this mortgage. then these present-, . shall be void.
<br />q;bWWiae to semaio in fa '.jam and , ..sod said mortgagee shall be entitled to the possession of all of Raid property. and may. at its option,
<br />declass the whale of said note and all iodabLedne s repreeantad thereby to be immediately, due and payable. and may foreclose this rraatgage
<br />or take any other lewal action to protect eta right. Appri iseenent waived.
<br />This mortgage shall be binding upon and shall enure to the benefit of the betre. extwutors. administrators. successors and assigm: of the
<br />regpective - parties hereto.
<br />IN WITNESS WHEREOF. aid Mortgagor 5 he VEhere.unto set their hand S - the day and year tint above
<br />! DEBORAH NESB- T
<br />R R,t7t.�NESB Tl
<br />i
<br />
|