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<br />WHEN RECORDED MAIL TO: L� �
<br />TheBANK of Edwardsvllle ��,J r
<br />330 W VANDALIA
<br />EDWARDSVILLE. IL 62025 FOR RECORDER'S USE ONLY
<br />MORTGAGE
<br />MAXIMUM LIEN. The lien of this Mortgage shall not exceed at any one time $82,400.00.
<br />THIS MORTGAGE dated May 2, 2012, is made and executed between RONALD L. THORP, A
<br />SINGLE PERSON and TAMARA RENKEN, A SINGLE PERSON, AS JOINT TENANTS WITH
<br />RIGHT OF SURVIVORSHIP (referred to below as "Grantor") and TheBANK of Edwardsvllle,
<br />whose address is 330 WEST VANDALIA, P.O. BOX 447� EDWARDSVILLE, IL 62025 (referred
<br />to below as "Lender").
<br />GRANT OF MORTGAGE. For valuable consideratlon, Orentor mortgages and conveys to Lender aIl of Grantor's Nght,
<br />tlUe, and interest in and to the following described real property, togather with all exfstlng or subsequently erected or
<br />affixed buildings, improvements and flxtures; all easements, rights of way, and appurtenances; all water, water rights,
<br />watercourses and ditch rights (including stock in utllitles with ditch or irrigatlon rights); and all other rights, royaltles,
<br />and profits relatlng to the real eroperty, includin without Iimitation all minerals, oil, gas, geothermal and similar
<br />matte�s, (the "Real Property' ) located in HALL County, State of Nebraska:
<br />Lot One (1), Alberts Subdtvlsion, Hall County, Nebraska
<br />Tax I.D. #400430851
<br />16625 W. Lepin Rd., Wood River, NE
<br />The Real Pro erty or its address Is commoniy known as 16625 W. LEPIN RD., WOOD RIVER,
<br />NE 68883. �he Real Property tax Identiflcatton number Is 400430851.
<br />Grantor presenUy assigns to Lender all of Grantor's right, Utle, and interest in and to all present and future leases of the
<br />Property and all Rents from the Property. In additlon, Grantor grants to Lender a Unfform Commercial Code security
<br />interest in the Personal Property and Rents.
<br />THIS MORTGAGE, INCLUDING THE ASSIGNMENT OF RENTS AND THE SECURITY INTEREST IN THE RENTS AND
<br />PERSONAL PROPERTY, IS GIVEN TO SECURE (A) PAYMENT OF THE INDEBTEDNESS AND (B) PERFORMANCE OF
<br />ANY AND ALL OBUGATIONS UNDER THE NOTE, THE RELATED DOCUMENTS, AND THIS MORTGAGE THIS
<br />MORTGAOE IS GIVEN AND ACCEPTED ON THE FOLLOWING TERM3:
<br />PAYMENT AND PERFORMANCE. Except as otherwise prov(ded in this Mortgage, GraMor shall pay to Lender all
<br />amounts secured by this Mortgage as they become due and shall strictly perform all of Grantor's obligatlons under this
<br />Mortgage.
<br />POSSESSION AND MAINTENANCE OF THE PROPERTY. Grantor agrees that Grantor's possession and use of the
<br />Property shall be govemed by the following provisions:
<br />Possession and Use. Until the occurrence of an Event of Default, Grantor may (1) remain in possession and
<br />control of the Property; (2) use, operate or manage the Prope►ty; and (3) collect the Rents from the Property.
<br />Duty to Malntain. Grantor shall maintain the Properly in good condition and prompUy perform all repairs,
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