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L <br />MORTGAGE 86-101726 <br />THIS INDENTURE, made this _.. 2nd _._ day 19$6._._. by and betweer <br />LINDA M. ROOKSTOOL FORMERLY KNOW AS LINDA M. BOEHM� A_ SINGLE <br />County, Nebraska, as mortgagor , and Home Federal Savings and Loan Association of Grand Island, a corporation <br />organized and existing under the laws of he United States of America with its principal office and place of business at Grand Island, Nebraska, as <br />trrortgaga: <br />WITNESSETH: That said riiixtgagor.. for and inconsideration of these. of F1 E_i EkL_aQUSAIiQ_ FORTY —FTGHT _ <br />_ D LA_RS__AC1D 6 LI44_- _---------- - - - - -- - - - - -- Dollars ft_11.04R 62 ). <br />the receipt of which is hereby acknowledged, do.ES- - -_ -__ by these presents mortgage and warsanriav*oiWd "gag its successors and assigns, <br />forever, all the following described real estate, situated in the County cf Iid.I1:_. � --.1 as see ''d <br />and State of Nebraska. to -wit: <br />THE WESTERLY ONE - FOURTH (W'2) OF THE NORTHERLY ONE -HALF (N ;2) OF 81_OCK NINE (9) IN <br />WINDOLPH'S ADDITION TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA <br />Together with all heating, air conditioning, lighting. and 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 thereunto he. <br />longing, or in anywise appertaining, forever, and warrant the title to the same. Said morgagor hereby covenant S_ with said <br />mortgagee that S he . JS ... -... , at the delivery hereof, the lawful owner of the premises above conveyed and described. <br />and.._- __iS._ _ seized of a good and indefeasible estate of inheritance therein, free and clear of all encumbrances, and that _ __She._._. 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 ELEVEN._ TROUSAND..__ _ <br />_..FORT_Y- EIGHT_. DOLLARS_ 411 .62/.1OG - - - - -- - - - - - - - - - - - -- Dollars t$ 11,M.-62- _ <br />with interest thereon, together with such charges and advances as may he due and payable to said mortgagee under the terms and conditions <br />of the promissory note of even bate herewith and secured hereby, executed by said mortgagor, - to said mortgagee, payable as expressed <br />in said note, 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 Shove stated which said mortgagors, or any of them, may owe to <br />said mortgagee, however evidenced, whether by mote. took 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, ate paid in full' with interest. <br />The nwortg agor_.____ hereby assign .S_._. 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 cake charge of said property and collect all rents and tM'ome <br />therefrom and apply the some to the payment of interest. principal, insurance premiums, taxes, assessmenus, repairs or impruvemcnt� <br />necessary to leap used property in teoaaable condition, or to other charges or payments provided for herein or in the note herebv secured. This <br />tent assignment shall continue in force until the unpaid balance of said note is fully {acid. 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 easen any of its rights hereunder at any time shall not be construed as a waiver of its right to assert the <br />some at any dater 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 shall cause to be 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 />hereof. Yid if amid mortgagor.._.___ shoo comply with a.l the provisions of said now and of this mortgage- then eheae presents shall he void: <br />otisrwiso Lo ra®aia is fuel fixes and effect, and said mortgagee shall be entitled to the possession of all of said property, and may, at its option, <br />darters the tabole of sold now and off indebtedness represented thereby to he immediately due and payable. and may lnmckwr this mortgage <br />or tales any other legal action to protect ill right. Appraiseatent waived. <br />Thus mortgage shall he binding upan and shall enure to the benefit of the hems, executirs. adrnmistrators, successors anti assigns of i he <br />respwaive partxa hereto <br />IN WITNESS WHEREOF, sad Mortgagor haS hereunto u't her hand the day and Pea first ;beer <br />wrstten f <br />LINDA t1. ROC KSTOOL <br />