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86, 101300
<br />MORTGAGE
<br />THIS INDENTURE, made this__.. 17TH day of ___ march _..-- -_.... I by and between
<br />GEORGE A. VLACH_AND CONNIE•_J.._._VLACH. HUSBAND AND WIFE__
<br />of Hall County, Nebraska, as mortgagor S. , and Home Federal Savings and Loan Association of Grand Island, a corporation
<br />organized and existing under the laws of the united States of America with its principal office and place of business at Grand Island, Nebraska, as
<br />tnortppe;
<br />W17NESSETH: That said mortgagor.—L , forandinconsiderationofthesumof SEVEN THOUSAND CTXTFFN EM11 ARS
<br />AND[j DO ---------- --- ------- ---- -- --- ---- -- - - - - -- -- -- Dollars(S 7.01 fi _ f)0 ).
<br />the receipt of which is hereby acknowledged, do __by these presents meirtgagearml unlosoid mortgagee, its successors and assign,
<br />t �e7tg #f! 1.5
<br />forevw, all the following described real estate, situated in the County of _ all '°a a` mn,l ° `
<br />and State of Nebraska, to -wit:
<br />LOTS ONE (1), BLOCK ONE (1), IN WESTROADS ESTATES, IN THE NORTHWEST QUARTER
<br />OF THE NORTHEAST QUARTER (NW;NE4) OF SECTION THIRTY -FIVE (35), TOWNSHIP
<br />ELEVEN (11) NORTH, RANGE TEN (10) WEST OF THE 6TH P.M., IN HALL COUNTY, NEBRASKA.
<br />Together with all heating, air conditioning, lighting, and plumbing equipment and fixtures, including screens. awnings, storm windows and
<br />dears, and window shades or blinds, used on or in connection with said property, whether the same are now located on said property or hereafter
<br />placed thereon.
<br />TO HAVE AND TO HOLD THE SAME, together with all and singular the tenements, heredilaments and appurtenances Lhereunto be-
<br />longing, or in anywise appertaining, forever, and warrant the title to the same. Said morgagor 5__.. hereby covenant _ __ with said
<br />mortgagee that . _. he i..__._ _.ire _ . , at the delivery hereof, the lawful owner? - . of the premises above conveyed and described,
<br />and_ - .arm._ seized of s good and indefeasible estate of inheritance therein, free and clear of all encumbrances, and that t.he)L_will
<br />warrant and defend the title thereto forever against the claims and demands of all persons whomsoever.
<br />PROVIDED ALWAYS, and this instrument is executed and delivered to secure the payment of the sum of SEVEN__ THOUSAND____ —_
<br />- S-IXTEEPL. DOLLARS_ ANO_.NDuoD -_ -_ - -- - _ - - - -- --------- Dollars ($ _
<br />with interest thereon, together with such charges and advances as may be due and payable to said mortgagee under the terms and conditions
<br />of the promissory note of even date herewith and secured hereby, executed by said mortgagor. . -_S -. to said mortgagee, payable as expressed
<br />in said rate, and to secure the performance of all the terms and conditions contained therein. The terms of said note are hereby incorporated
<br />herein by this reference.
<br />It is the intention and agreement of the parties hereto that this mortgage shall also secure any future advances made to said mortgagor__ $_
<br />by said mortgagee, and any and all indebtedness in addition to the amount above stated which said mortgagors, or any of them, may owe to
<br />said mortgagee, however evidenced, whether by note. book account 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 future
<br />advances. are paid in full with interest.
<br />The mortgagor _5__. hereby assign _. -__ _ to said mortgagee all rents and income arising at any and all times from said property and
<br />hereby authorise mid mortgages or its agent, at its option, upon default, to take charge of said property and collect all rents and income
<br />therefrom and apply the sane to the payment of interest. principal, insurance premiums, taxes, assessments, repairs or improvements
<br />necessary to keep said property in tensatabbe condition, or to other charges or payments provided for herein or in the note hereby secured. This
<br />reel, assignment shall continue in force until the unpaid balance of said note is fully paid. The taking of possession hereunder shall in no manner
<br />prevent or retard said mortgagee in the collection of said sums by foreclosure or otherwise.
<br />The faibum of the mortgagee to assert any of its rights hereunder at any time shall not be construed as a waiver of its right to assert the
<br />come at any later time. and to, insist upon and enforce strict compliance with all the terms and provisions of said note and of this mortgage.
<br />11 said amet`agit r S shall cause to be paid to said mortgagee the entire amount due it hereunder, and under the terms and provisions
<br />of said now hereby secures, including future advances, and any extensions or renewals thereof in accordance with the terms and provisions
<br />tha•aof. and if said mortgagor .._.5 -_ Shell Comply with all the provisions of said note and of this mortgage, then these presents shall be, void;
<br />athorwies to rearaio in [a8 force and offset, and said mortgagee shall be entitled u) the possession of all of said property. and may, at its option.
<br />declare the whole of said ante and all mdebtedttas represented thereby to be immediately due and payable, and may foreclose this mortgage
<br />or take my other legal action to protect its right. Approisement waived.
<br />This trartgage shag be binding upon and shall enure ttj the benefit of the heirs, executors, adnunistrators. successors and assigns of the-
<br />reapective'panies hereto.
<br />IN W'1TSIM" WHEREOF. fotortgagorS have hereunto set their hand S the day and year first above
<br />43'50A VLAFCH �E J. lI; e
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