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<br />MORTGAGE 86-- 1017,37
<br />THIS INDENTURE. made this _._ - - - - --- 3rd - -- _ - -. —_ day of - -- Agri 1___._____. -- - .._ _._ 19 $6 _.. by and between
<br />WILLIAM J_ HAVENS _AND TERESA L. HAVENS. HUSBAND AND WIFE_
<br />or_ Hall County. Nebraska. as mortgagor ? - -. arM Home Federal Savings and Loan Association of Grand island, a corporation
<br />organized and existing under the laws of the United States of Artemis with its principal offiee and place of business at Grand Island, Nebraska, as
<br />nortga/ee;
<br />WITNESSETH: That said mortgagor —!j_-.._, for and inconsideration of the sum of FOURTEEN THOUSAND FOUR HUNDRED
<br />SIXTY -NINE DOI I ARS_— '_2fiaOO - --=: ---- --_ - - - -- __iD uar,(S_4,469_26 I,
<br />the receipt of which is hereby acknowledged. do_____ by these presents mortgage aced warrant a" 966 ea" aSe its successors and assigns,
<br />jlox .S
<br />forever, all the following described real estate, situared in the County of . Ha I m .l.i --'' A
<br />and State of Nebraska, to•wit:
<br />LOT SIXTEEN (16), IN KENTISH HILLS SUBDIVISION LOCATED IN THE SOUTH HALF (S ;2) OF THE
<br />NORTHWEST QUARTER (NWa) OF THE SOUTHWEST QUARTER (SWr-Q) OF SECTION TIJENTY FIVE (25),
<br />TOWNSHIP ELEVEN (11) NORTH, RANGE TEN (10), WEST OF THE 6TH P.M., HALL COUNTY,
<br />NEBRASKA, ACCORDING TO THE RECORDED PLAT THEREOF,
<br />Together with all heating, air conditioning, fighting, and plumbing equipment and futures, 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 lx-.
<br />longing, or in anywise appertaining, forever, and warrant the title w the same. Said morgagor S- hereby covenant - with said
<br />mortgagee that t he y - .._ are - , at the delivery hereof, the lawful owner S _ of the premises above conveyed and described.
<br />seized of a good and indefeasible estate of inheritance therein, free and clear of all encumbrances, and that they-- will
<br />warrant and defend the title thereto forever against t.he, 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 ..EDURTEEN-_THOUSAND.
<br />F_ QDB_ 1iUNDRED .- ,SJ.XTY :-- AINE..DOLLARS_ .AND_ 26/1.00 - - -- .--- - - - - -- Dollar, is _ L4�46c 26 - ----- . - - - - - - — f.
<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 rote, and to secure the performance of all the terms and conditions contained therein. The terms of said note are hereby incorporated
<br />baeim 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 S.
<br />by said mortgagee, and any and all indebtedness in addition to the amount above stated which said mortgagors, or arty of them, may owe to
<br />said mortgagee, however evidenced, whether by mote. book account or otherwise- This mortgage, shall remain in full force and effect between
<br />the parties hereto and their heirs, personal representative,. successors and assigns, until all am!runts secured hereunder. including future
<br />advances. are paid in fuif with interest.
<br />The mortgagor S _ hereby assign .__ to said rnortgagae 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 interest, principal. insurance premiums, taxes assessments_, repairs or improvements
<br />nscepossy to keep mod ptopstrty to tenantable condiboon, or to other charges or payments provided for herein or in the note hereby secured. This
<br />rem assignment shall continuum force until the unpaid balance of said tote 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 station 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 aid note and of this mortgage.
<br />If said mortgagor S ahall cause to be paid to said mortgagee the entire amount due it hereunder, and under the terms and pro% i ons
<br />of said rote hereby secured, including future advances, and any extensions or renewals thereof in accordance with the terms and provisions
<br />thereof, and if stud ratrtgoW..S- -_- shall comply with all the provisions of said note and of this mortgage, then these presens . shall be void:
<br />otherwise to ra now to full force and edlaet, anti said mortgagee shall be entitled W the possession of all of said property, and may, at its option.
<br />4oclose, tie whole of said core aced to mddelhtaefaeen represented thereby to he immediately due and payable, and may foreclaav this mortgage
<br />or take any other 199a1 actwo to ptnteet its right. Appraitsensent waived.
<br />TMs mortgage shall he bonding upoti and shall enure to the henefit of the bears, exeavtors, administrators, succeswirs and assigns of the
<br />respective "pemties herata-
<br />IN WITNESS WIf F;RE(.)F sand Mortgagor S he Ve hereunto -t their hand S the day and .ear tini :A--
<br />VI ^ �?SA L .L(-
<br />WILL, 3. AV TERESA 1, "tlEf!S
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