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<br /> �_ Thii hlortgagn i�entered inw between,.��.,L.• fl..tlpS�...�@.t�XJf E ifBO.�spn �tr�:
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<br /> . HuSba d and Wi�, � (herain"Mort�or")ana C�� �.�.'��:::;_'_
<br /> Five Points Bank a_[lenracka Cproo►^�tion (h�rein�Morcgagee"). � •'=___.
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<br /> lSa:t�.�"ar 18 iadebted to Mortgagee in the�prlaoip�l�um of=�iQ��.fis ,r,e�3denoed by Mort�s�or'�noto �.._._ ""�—
<br /> datad.�R r 11 Q= Y 9�7_ (herein"Note`')Providing for p�rmauca oY pr-inoig�l and tn'�ar,,.°i.�zith tho ba:eacs oi Eke �"'=-' -----_-
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<br /> " indebtedner it not soones r►!d,due tsnd pe�ble on �7��n 15_ 2005 �-`�-
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<br /> To eeoure the�p�naaent ox the Note�with interaet as provided therein�the p�yy�ent oi nll other sunoi.w1W inter ';�u,4���
<br /> p; eet,advanoed by Mortga�ee to proteat the seourity of this Martgage,siud the pesioraianoe o!fhe oovenants �ad sgi+ee� ----
<br /> mente of the Mortgagor oont�iaed harein.Mortg�gor dooe hereby mortgage and oonveq to Mortgagee the f�aIIo�virg ��'�:��
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<br /> �. Propert,Y looated in Hii 11 Couaty.Nebra�ks. ��..._ -.
<br /> i� of Grand Island� Hall County. Nebraska. �?.
<br /> � • Lot Four (4), Sunset Subdiv�sion� C y .��
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<br /> Togett►er witb sl!D�lldinge�improvements firtures.�sreeta,alleye.Passagew�qy�� �ements.riQhta.privlle�es — .
<br /> aud�ppurtenRnoe� loow�etl c*{�eraon or in�ywiee AertslninB thnreto.an@ the re,nq�iaiues md pmttt�.s�vsraioni and �
<br /> - -+.'.; remsinders st�etsof; inoluding,but not 1lmtted�o.heaiing�nd 000ling equipment andeu�oh p�reoaal proper�y that 1� �.�a!R.:.-�_-_
<br />' '' � �Ltwhed ta�hfe impravementa uo ae ta oontrtitute�►ftxtns+e�Rl]oi wLioh.inoluding rapLs�aememts aad sdslltlons tliereto.b — _
<br />� *�, , hereby doo3nretl to be I�p�rL of the rea'1 oatate seoured by th�e lien oi thie Mortgage�ead sll oi the foiegolag bein�re?onbd
<br /> to herein we the"Propert�l".
<br /> • �%Y ` Mortgagor turth�D3 morrenwnte�►Y►d ngreee,w1Zh Mortgagee.as follmvs:
<br /> 1. Pymeat.Rb pqy the indebiedaoes ond the inlerest fhernon e�provided in thir IV�ortgage aad tlie Note.
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<br /> : '°�;`;;t;'1 2. Tltle.Moitgagor fls the owner of the ProDeriY.Lae the rfght aud auth�rity Lo mortQaQ+a the Prope�►.�d�var __ -._,_
<br />:ry' . � rants ED�►t the liea oreatod horby is�tlrat wad prior liea on the property.o�ae�s 4s m�►othe�rtee be eet fortb herein. --— —
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<br /> ' � o The Property ia wbjaot to e Mortgage wherein G�mnerci a1 F'ed�al Savi ngs �s �����'--
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<br /> ��,,:��t�, the Mortgagoo.reoordad at 9ook___.Page o!the Mo:tg�ge Rmoords oi —H 11 .:,c,.�,,�,,,.
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<br /> ���} County,Nebraekn,whioh Mmrtgage im a Iien prior to We lien are+�ted hereby. �,°---°�-
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<br /> � S T�e�, A�aea�ments.To pqq when due all ta:as,speoial sseesevmo�ate emd all other oharQea againat the .'��r;�
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<br /> � Prope�r aud,ugoa wrltton demand Dy Mortgagee,to sdd to the pa,ymonEe requirod uridet LDa Note seou:od homby,such . ..�,;..
<br /> amounL aa mqq be sutiloiont to ensble the Mortgegee to pyy suoh tsxe�,seaessmoats or other oha:gee 4e t1ieY bcaeme ,•,��.",•'t!
<br /> due. . ., .
<br /> _ .__ a. in�aae..750 lceea the imnrovements now or herentter tooated on the rosl est�te dewrlbed herein ineured . . "
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<br /> agatnst dsm.ago by tiro and auoh othar her�►rde ae Mortg�gee m4y require,in amount��nd wttL oompanie�aooeptable to - - - `
<br /> tho!':ort�^.�c�,and rrlt�lo:.�p�blo to tho I:�!ort�e�ee.In Qeee of loa�under euoh paLoles thd Mortgagee fi�uthorlaed ,
<br /> W ad3ust,oolleot a�nd aompromfee,in its dlnoretion.all alaimn thereunder at its eole op4fon.suthortsed to either appl�y the ,
<br /> pmoaed�to tho rostoration of the Pra�erty or upoa the indebtadnese seaurnd hereby, but gaymeab tcerenncler ehell con•
<br /> tinue unLfl tLe suu�eeoursd horebq aro are paid ia full. "
<br /> b. ❑ Braaoe Por T�xs�rud IaruPaaoo.Notwithetending euyVthinB oontatnad In pa�ragrnpl�a 3 And 4 heroof to
<br /> tho ooatrary.Mort��or�hell pAy to the Mortgaaoe at Lhs time of poying ths moath�y ia�tdlmsat�of prinolpal�nd lnter
<br /> est,one�twelith of iho yearly tarea,o�seeemen4s,hcra�rd fnsuranoe premiuma,and gresvnd reate(if any)whioh mqy sttmfn „
<br /> . . o priodty over thifl Mortgsgo,all ns raasonab�q estimated fl+nm t[mo to timo by the Mortgegee.The omounts eo ps+id olaall
<br /> . bo held by tho Mo:tgagee without intereat snd applied to tha g�ymanS of tho itema 1n reagaat to whioh euoh amounts
<br /> wero dopoaitod.Tito gums patd to Mortgegea hes�under aro pledlged ss additional eeowlty for the indehD�s3n�es eeoured
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