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MORTGAGE 86' 102076
<br />THIS INDENTURE, made this _._ _23rd _ __ ________. day of --.-Apr i.1 _ __ . t9 .B6 -, by and between
<br />TOM, L.BUETTNER AND DIANA.- BUETTNER,_ HUSBAND _ADD W_ LFE-____ ____._____..- ______�T_______� —_
<br />of _ County, Nebraska, as mortgagor _5__ _.._, and Home Federal Savings and Loan Association of Grated 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 />nxwqpom
<br />WITNESSETH: 'rhat said mortgagor - _- �.._ —_ for and incomiderationof the sum o f_DNL.T&MD_FIVE HUNDRED _
<br />--- _= -=--- Do] tar s(s
<br />the receipt f which is hereby acknowlexl t r
<br />pt gels do-- -- — .- -- by these presents mortgage and ?►p4t�i�(r itong4we, ills successors and assigns,
<br />forever, all the following described real estate, situated in the County of
<br />and State of Nebraska, to -wit:
<br />LOTS ONE HUNDRED SIXTY ONE (161) IN BUENAVISTA SUBDIVISION, AN ADDITION
<br />TO THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />Together with all heating, air conditioning, bgl..tng, 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 appurtenancf% thereunto 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 . _. - are , at the deliver• hereof. the lawful owner S of the premises above conveyed and described.
<br />and- _i TP_ -. .. seized of a good and indefeasible estate of inheritance thereat. free and clear of all encumbrances, and that _t_he _fir- will
<br />warrant and defend the title therew forever against the claims and demands of all persons whomsoever.
<br />PROVIDED ALWAYS. and this instrument is executed and delivered w wecure the payment of the sum of ONE _THOUSAND_. FIVE
<br />HUNDRED TEN DOLLARS AND 50/100 --------------- - - - - -- Donarts - 1,510,50_
<br />with intereat thereon, together with such charges and advances as may lee due and payable w said mortgagee under the terms and conditions
<br />of the promissory note of even date herewith and secured hereby. executed by Saud mortgagor -5 _ to said mortgagee, payable as expressed
<br />in said tote, and w secure the performance of all the terms and conditions contained therein. The terms of said now are hereby incorporated
<br />hareie by this reference.
<br />It is the intattion and agreement of the parties hereto that this mortgage shall also secure any future advances made to said mortgagor 5...
<br />by said mortgagees, and any and all indebtedness in addition to the amount aMrve stated whirl, said mortgagors, or any of them, may owe to
<br />said mortgagee, however evidenced, whether by note. book account car otherwise. This mortgage shall remain in full force and effect between
<br />the parties herew and their heirs, personal representatives, successors and assigns, until all amounts secured hereunder, including future-
<br />advances. are paid in ful! with interest.
<br />The nsortgagor.5_.. hereby assign _. to said rwrtgagee all rents and income arising at any and all tames 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 />there[rom and apply the same to the payment of interest, principal, insurance premiums, taxes, assessments, repairs or improvements
<br />necessary to keep staid property in tenantable condition. or to other charges or payments provided for herein or in the note hereby secured. This
<br />rent assignment shall continue in force untd the unpaid balance of said note is fully paid. The taking of possession hereunder shall in no manner
<br />prevent or retard seal 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 le• construed as a waiver of its right to assert the
<br />same at any later tirm +, and to insist upon and enforce strict compliance with all the terms and provisions of said tote amp 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 anti provisions
<br />of said now hereby secu.ed, including future advances, and any extensions or renewals thenmf in accordance with the terms and provisions
<br />thereof, and if said nuntgagor.- ? - shall comply with all the provisions of said note and of this mortgage, then those presents shall be void:
<br />otherwise to ratrin in felt ford said ~, and said mortgagee shall be entitled to the possession of all of said property. and may, at ilx option,
<br />declass the wboie of said note sad all iadebtodnew represented thereby to be immediately due and payable, and may foreclose this mortgage
<br />or take any ether legal actors to protect its right. Apfraiseraent waived.
<br />This martgo ge shall be binding upon and shall enure w the benefit of the heirs. executors, admnastrawrs. successors and assigns of the
<br />mpectw"'prgties hereto.
<br />1 ti,fi�ERE:OF, mud mortgagor 5 have bercunu) art their haodS the >ti�v and rear cart aboc,-
<br />INM t.. BUE l4ER r ape t R!rE"�fifaCR
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