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<br /> � MOATGFAaE :�.—
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<br /> . Thi�Mort�a�e ii entered into betRSa
<br /> � (herein"Morf�os"I nnd i � �
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<br /> ' Five Points Bantc a Nebraska Cornor�tion � (hem�a"n�os�°'�. �c �
<br /> � Mortga�nr i�iad�btsd to Mort�a�e in t3�e PrinoiP+a�um of t 5 968.82 .svldsnoed by Mort�a�o��nota
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<br /> �, dwte�t nece m b er 23. 1997 (herein"Note'�providlnQ for p�►ymenta of prinoip�l wd lnte=e�t.with the b�l�°a°o e
<br /> � indebtednes�.it not�ooner psid.dus nnd pAy+�ble on_y�IJ�L�L.rt��8•
<br /> ' To�eoure the p�yment of the Note,with 1i►tere�t M provided tharein,the p�ym.ent of all other suau,with i�►ter
<br /> , � est.�dvanoed by Mortg�ea to proteot Lhe seourlLy of this Mort�e.�nd the por[osm�►nae of the oovenanth od�
<br /> r y menW oi the Mortgagor aontained herefn, Morig�gor doe� heseby mortgaga �nd oonvey ta Mortawge
<br /> desorlbed
<br /> ��.� prqpsrly loaated in N�11 County.Nebra�kw.
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<br /> � �� lots Four (4) and Five (5), Block Thirty (30), Packer and Barr's Second Addition
<br /> _ .� ��� �.�t3 Qf r,��n� i�la��i; Hafl County, Nebraska.
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<br /> '',: �treet��axley� Paasa�vN'�� ewment�.rl�l►ta.privlls�
<br /> F Together wlth W buildings.improvement�ll�cture�. � ---
<br /> wad�pP�nsnae�looated thereoa or ia�rivi�e Pert�inl�thereto. aad the rent�,Laue�and proSta.r�vsnion�and
<br /> �, rsnulnder�thereof;inoludin�.but not llmited W,heaLina wd 000linQ equipment�nd suoh perww►1 prop�ris►that 1s —
<br /> � ssqohed W the improvemeat�Ro�s to oon�titute a�ture:ull of whioh.iaoludia�replwoemeat�and�dditions the:+to.i�
<br /> � henby'decl�nd to be a pniR oi the rewl e�tate�eoured by the lien oi thie Most��e a►d wil af the foregoina ba1a�refsrrsd
<br /> ' to hereia w�the"Propertq".
<br /> � � Mortgagos fusther oovenmt�sad�rees,wlth Mort�a�ee.s�foIIows:
<br />. � � 1. I'symeat.'To pey the indebt�daess aad the iatarest thereon es pmvldsd in this MortaaQe and the NoLe. -
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<br /> ' : � �. T1t1�.Mort�or ia the owner o!the Property,has the rl�ht and�uthoritq to�o�rt�aQe����h���` --
<br /> rants that Lhe llea ors�ted herby fi a Srst and prior lisn oa Lhe property,ezoept s�mRy
<br /> is eub eat to a Mortg4ge wherein E uitable �
<br /> �?s u,.-
<br />_ ; p The Property j ��
<br /> _ , � the Mortg�ee.reoorded�L Book_��.P+B� - of the Mortga�e Reoord�of H all - �•a-F-
<br /> I Ca��r,r7eynske,whioh Mortgage is a flen prlor to the lien oroated hereby.
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<br /> � � Other prlor Hene or enoumbranoea: ••
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<br /> I � Ta=e�.Aise�amenta. 'ro psy when dud all tazos, spooial aeaeeementd snd all othar aharges ag�inst the
<br /> � pmperty and,upon written demoad by Mortgagee,to sdd ta the payments required uuder the Note seoured hereby,suoh
<br /> � amount ae mqy be eufftalenL to anable the Mortgngee to pey suoh t�e�,ssse�sments or other oh�rges�they become
<br /> � due.
<br /> � . *. Isuuraaoe.To keep Lhe improvements aow or hareatter loostad on the real e�e�te d�ee�o�ri�ed�h�in�ured + ;
<br /> ", j agninet dame$e by fire and suoh other hazerds se Mortgagee may ce�q�iuo.'u,o.�...W,.o�..,.--•-----°—_------- - . .
<br /> , tho Mortgsgee,and with loea payeble to Lhe Mortgsgee.Ia osse ollose under auoh pofloie�tho Mortgagoe is QuLhorised �
<br /> to ac�ust,oolleet snd oompromise.in ite disoretion,all olaiais thereunder at ifa soie option,auLhorized to either apply tIIe
<br /> -� proaeede to the reatoration af She Property or upon Lhe indebtedness eeotued hareby.but pa,ymenLe hereunder ehall aon-�
<br /> tinue until tha sume s�eoured hereby are are paid itt fu]l.
<br /> 6. ❑ �wror►For Ta�ce� �►nd Insuraaoe.Notwithetanding onychin6 oont�ined in paragraphs 3 and�hereof to �
<br /> tho aontrary,N�ortBaBdr ahall pyy Lo the Mortga�ee�L tha time of pwying ths monShly instWmenL�ot P whioh may anttalai �
<br /> � ost,onwtwelith of the yoor�y tauee�,asaeeemenLe,ha�►rd ineuranoo premfume,ond gcuund rente(if any) i
<br /> � a priority over thie Moi�tgage,all us reaeonab�V eatimated from timo to time by the Mortgngeo.'1'he nmounte so paid shsll `
<br /> , be held by tho Mortgagoo without imSerest Bnd spplied to the p�ymont of the iteme in respeot to whioh suoh amounis
<br /> . woro d�positod.The oume paid to Mortgagee horounder aro pledged ae additional seourlty tor the lndehtedneas seourod
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