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<br />101345
<br />MORTGAGE
<br />THIS INDENTURE, made this _ - 18th _ _ _ _ Clay of —_ i`March__. 19 86 - , by and betwern
<br />MARY I(ARH E N_FOOTE AND DENNiSCL- FOOTS, WIFE ._AND_HUSBAND________________
<br />of . _� County, Nebraska, as mortgagor __ _, 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 />mortgagee:
<br />WITNESSETH: That said mortgagor__ _I _, for and in consideration of the sum of Tldfl THOUSAND TWO HUNDRED
<br />----SIXTEEN DOLLARS AND NO /100 --------------------- - - - - -- 2,216.00
<br />the receipt of which is hereby acknowledged, do___. by these presents mortgage and warrant unto said mortgagee, its successors and assigns,
<br />forever, all the following described real estate, situated in the County of .__ Ha 11
<br />and State of Nebraska, to -wit:
<br />THE NORTHERLY SEVENTY EIGHT FEET (N78') OF THE EASTERLY ONE HUNDRED SIX FEET (EI06')
<br />OF THE NORTHERLY ONE -HALF (N'0 OF BLOCK TWELVE (12) IN WINDOLPH'S ADDITION TO THE
<br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />Together with all heating, air conditioning, lighting, vnd plumbing equipment and fixtures including screens. awnings, storm windows and
<br />doors, 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, hereditaments and appurtenances thereurrLo be-
<br />longing, or in anywise appertaining, forever, and warrant the title to the same. Said morgagor._S_. hereby covenant __ with said
<br />mortgagee that t he y -Aare , at the delivery hereof, the lawful owner S..._ of she premises above conveyed and described.
<br />and____dre seized of a good and indefeasible estate of inheritance therein, free and clear of all encumbrances, and that he Y ., will
<br />warrant and defend the title thereto forever against the claims and demands of all persons whomsoever.
<br />PROVIDED ALWAYS, and this instrurnent is executed and delivered to secure the payment. of the sum of _-TWO_ _TH011SANn __
<br />TWO- HUNDRED SIXTEEN _DOLLARS _AND NO/ 100_ -- - - -- ------ t�ntlarSis 2.216 OD___ __..._ ___).
<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 note, and to secure the performance of all the Lerms 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 S
<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 __S _, hereby assign to said mortgagee all rents and income arising at any and all times 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 apply the same to the payment of interesL, principal, insurance premiums, taxes, assessments, repairs or improvements
<br />necessary to keep said property in tenantable condition, or to other charges or payments provided for herein or in the note herehv secured. This
<br />rent assignment shall continue in force until the unpaid balance of said no Le 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 failure of the mortgagee to asses any of its rights 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 strict compliance with all the terms and provisions of said note and of this mortgage .
<br />If said mortgagor S shall cause to be paid to said mortgagee the entire amount due it hereunder, and under the terms and provisions
<br />of said note hereby secured, including future advances, and any extensions or renewals thereof in accordance with the terms and provisions
<br />thereof. and if said mortgagors _ - shall cornply with all the provisions of said note and of this mortgage, then these presents shall be void,
<br />otherwise to remain in full force and effect, and said mortgagee shall be entitled to the possession of all of said property, and may, at its opt ton,
<br />declare tin wboieof said note and all indebtedness, represented thereby to he immediately due and payable, and may fnrncltne this mortgage
<br />or take any other legal action to protect its right. Appraisement waived.
<br />This mortgage shall be binding upon and shrill enure Lo the benefit of the heirs, executors. administrator., surttesw)r.s and assigns .d tht
<br />respective parties hereto.
<br />IN WITNESS 1 Il } /:R /F /)b F', said MortgagorS �ha ve hereunto set t4elr hand's the day and %eat bra uh,��r
<br />MARjIKA LEEN FOOT[ OrNNIS C. FOOTS
<br />M
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