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In
<br />MORTGAGE 86-103410 . -
<br />THIS INDENTURE, made this _ -_ -- 18th______ .__. day of June---- - -._ -- ___ ___ 19 -26, by and between
<br />LORNA J. HELZER. UWARRIED
<br />of Hal l 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 />ntortWer:
<br />WITNESSETH: That said mortgagor_ , for and in consideration of the stun of_ FIFTEEN THOU5,AND DOI 1 AR-1;
<br />AND N01100 ------------------------------------ Dollars ts 154,000.00 i.
<br />the receipt of which is hereby acknowledged, do es by these presents mortSegei it warrant -mtto saidmortgyee, its successors and assigns,
<br />forever, all the following described real estate, situated in the County of Hall _ and State of Nebraska, to- wit:
<br />LOT SIX (6) IN BLOCK THREE (3), IN SCHIMMER'S ADDITION TO THE CITY OF GRAND
<br />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 oow 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 />tonging, or in anywise appertaining, forever, and warrant the title to tht same. Said morgagor - - - hereby covenant S._. - with said
<br />mortgagee that -- S he . __ . ]S_ __ __. _ ... . at the delivery hereof, the lawful owner . - _ of the premises above conveyed and described,
<br />end _— lS..-__. seized of a good and indefeasible estate of inheritance therein, free and clear of all encumbrances, and that,-S, he —_. 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 -F-IFT- FEN- IFOUSAND - ---
<br />- - - -- DOLLARS AND _NO/100 ---------- ----- - -. - -- - - -_ ibllanls--- 1,.049.QO - - - -- 1.
<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-- to said mortgagee, payable as expressed
<br />in said tote, 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 ail amounts seatred hereunder, including future
<br />advances, are paid in full' with interest.
<br />The mortgagor.__. 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 />thersfnan and apply the same to the payment of interest, 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 hereby secured. This
<br />rent us4nmeot 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 failure 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 />same at any later time, and tr 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 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 />tbsreof, and if said mortgagor ___ shall comply with all the provisions of said note and of this mortgage, then these presents shall be void:
<br />ofierwim to ra nain in full force and effect, and said mortgagee shall be entitled to the possession of all of said property, and may, at its option.
<br />declare the whole of said now and aU indebtedness represented thereby to be immediately due and payable, and may foreclose this mortgage
<br />or take say other legal action to protect its right. Appraisement waived.
<br />This mortgage shall be binding upon and shall enure to the benefit of the heirs, executors, administrators, successors and assifms of the
<br />respective'parties hereto.
<br />IN WITNESS WHEREOF, said Mortgagor. -__ ha -S -.. hereunto set her __ the day and near first above
<br />written. r<
<br />%t- -: l: Pt.
<br />LORNA J. HELZER
<br />
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