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<br /> 'Y'hisIndenture,Ntaaebyanabetw� ..�.l:Akt�.NG�.I..;..H9FFM�AN..$..:�ARQ.I,YN:.:.�....._HOFFNIAN..and :.:. :.::....:.... :
<br /> JAPIES J. KITTEN & ALINE R. KITTEN ` h�th ron or o here' afte referu�l mort$agor ' '
<br /> .:...... _ � �s�(anc�,
<br /> �,a 7H����OVERLAND-"IVATIONAL'gANK�OF GRAND'"'ISLANp�"Gran �e�ras c�a, �iere�na�er
<br /> referred to as Bank '
<br /> � TheMortqagorforand3nwnaiderat�onof($ 362i000 00� --
<br /> Three Hundred S�xty Two Thousand and Pio/100 - .�
<br /> . . �........ ....... . .. ...... ...:.,.... .... . _. .....::.... ._ :.:. . .....:.... ,.- -' -- .
<br /> .. .. ...., .........DOLI.ARS,vaid by the bsnk. �
<br /> ' the'receipt whereof is"heretiy acknowiedged; has,granted, bargained, sold'and:eonveyed,and by the`presenfs, doea gisnt, - '
<br /> barguin,sell and convey,unto said bank,the following described real property situated in the,County of. Hd�,� ,
<br /> ....:. ___:.....
<br /> � and'State o€Nebraska;to-wit:
<br /> Lot Four (4) in Biock Eighty Two ($2) in the Original Town, now City of Grand
<br /> Island, Nebraska, according to the recorded Plat thereof.
<br /> �together�with all 6he�.tencmenta, hereditaments.and�appurtenances to-the saine belonging, and all the estate,�title, claims�and �
<br /> � �demunds whatsoever of the�moztgagor o£, in or to said premises ur�any.part, thereof; and said�moxtgagor does�hereby cov- �
<br /> t��� �enant,�that the mortgagor is-]awfully�seized of said premises,that�said premises are free from incumbrance.and��mortgagor �' � ���
<br /> .�.will warrant and defend the title �to.said premises against the claims and demands of all persons whomsoevea� � � �
<br /> l . . ' .' . . �. . . . � � .. . .
<br /> ' � � PROVI�ED �ALWAYS, and khese presents�arc upon these conditions: � . � � . � .
<br /> � " � � �� WHEREAS,�the mortgagor has executed and delivered to the Bank .._. � d C2Ptd7 ft : ,.,promissory note � � `
<br /> . ......... ..._..... __....... .
<br /> � �� �� � . . � . � . � � . . � � . �. . . . � � .
<br /> a �:. � � . . . .. . . . ... . . . . . . . .. . .
<br /> �, Y: . � . . . . � . . . . . , ... :. . .. . .
<br /> and has.agreed to'maintain'fire,� windstorm and�exteuded coverage inyurance on said premises in amounts required.aad in
<br /> % �� �� companies approved�by the bank and with�standard mortgageclauses which policies shall.be'delivered to.�the bank,_and has � � • ',;
<br /> <� . afSreed to pay all�taxes and assessments le��ied against said premises bef�re.the �ame- become �elinquent-.and ko�maintain�said �
<br /> prnmises.. . . �� . � . . . . � � .
<br /> ;��� � � �Now,.therefore, if the mortgagor shall comply with allof the provisions of said note and the�provisions hereof, then
<br /> � ' these�presents shall be null and void. . .� . . � . � - - � �
<br /> � � �� �. However,�'if�the nbove noke and interest Lhereon or any payments called for th.ereon are not�paid when�due or if�any
<br /> �01�the.covenants.pf this instrument are not complied�with,�the bank, or the holder� hereof, at its opLion may�,declare the�:re-
<br /> � � � ��maining ba]ance�oY said�indebtedness due and payable and may xnaint;iin an action at�]aw or in equity to recover�sll amounts
<br /> ��due�and enforce the�'provisim�s hereof. In the�evcnt uf the failure of mortgagur to maintain�the��premises, or. to msintain
<br /> .insurance�as is above�provided for, or to pay taxes or assessments,the holder hereof may advance the sum�or�aums.neces$ary
<br /> � �Eo.obtain�compliance and such amounts shulf be added to the amount due on Lhe above mentioneti�note�and�besr.�interest at �
<br /> i the highest legal rate.
<br /> � .� � � IT�IS FURTHER AGREED,�this mortgage shall constitute notice hereof, that Chis mortgage is security. for not.�only
<br /> �the�amount�advanced�coneurrently.with the execution i�ereof but all firture advances which�may be�rnade at the.option o£�the
<br /> r� � parEiea or their assigns up to the total amount state3 in this mortgage,to the same extent as advances otiginally made��h�ere-
<br /> � . � � �� under.Further notice is hereby given that the tenor of each D4ortgage IQote including. the�intereat rate,���.payment, maturity,
<br /> � � penalties,��and other terms shall concurrently.upon execution become a�part of�this mortgage. � . � . � � .
<br /> J IT IS FlJRTHER AGREED,that the suid Moitgagor shall and will �ay att taxes leviet3 upon this mortgage or the debt
<br /> � ��secured�thereby, together with�any�other taxes or assess�nents which�ma,v be levied under�the Laws of Nehraska, against the '
<br /> ��..�� said'Moztgagee or�the iegal holder�of the sai�principal note(s)on account of�this indebtedness.�� � � � � . � �
<br /> �� ��. �IT IS FllRTHER�AGREED, if at any time,�while the mortgage ie in effect and the note for which� this mortgagro.is .
<br /> � giyen as security, or any part thereof., remains unps�ic�, the undersigned hSortga�ors seti, wttvey ar contract to sell the real
<br /> �`� � <.estate herein described,or any�part thereof,or the Mortgagors do not have or cc�ase to have�title to �said real estste�or any . �
<br /> . �.part therevf,then and in�axty such events,the�Moi•tgagee may,at its option,declare the.unpaid principal�Ualsnce;.and�interest,
<br /> . ��. of the�note aecured hereby�immediately.due.and payaUle.In the event that tl�ese premises are not now,or�shouid:�hereafter,not
<br /> .� �be occupied by mortgagor then this instru:nent shall constitute an assigninent of rentals and service'of a copy thereof upon the � ��
<br /> . . ��. oecupant shall be sufficient�to require alt payinent for rental ur use qf Lhe premises� afYer date of� suth service��to made to ..
<br /> � .� rnortgagee. � . .. . . . . . . .. . � �
<br /> Signed th�s ..----...�.�:t.........:._day of ,........s�.U71Q...... ............ . I9 77 ..
<br /> � In presence of . ... . . j� . ..������T10f�t8�d! �
<br /> ar c� Ca�n n
<br /> ........ .. ....---._:_ ..._
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<br /> , _ ' .ti.. :r-��.�- :!�2 ���c:.,
<br /> ' STATE OF...:.. . MEBRASKA ....,county of ....HALL
<br /> ���•• �-��� �� �� -- � -�-� iarenGe & Carol l,. HQfftpan and
<br /> �� Before�me, a nota�y public�qualified for sx9d county,personaIly came ��dlI1G'S J. �l'�t@Il andy�li ne K�.�K1 t'�2I1�.�
<br /> � ��knowtt t.o mP�Lo�tre�the'identitAl per�on or nersnnv who cigned the�fnregoine inetn�ment and a.cknowledG�ed t.he eeecation there- � � � �
<br /> ol?Eo he his,her'or their voluntary act and deed.
<br /> � Wi�¢ss m�y hand and notar�sl seal on .�141�� �.:.... 19��
<br /> , RAD�AN o£i.BIOGK O ,-�
<br /> � i �ai��ri�rs7a�ce�i'.P!'�R_9�.��........ ......i.�, 19�,r. . �'��rr.Jr..:�..�.._..�'��.._.Notary. Public. . i '.
<br /> � ... t ., +��•y. 1111q COIIII1116R101I'Lxptl . . . . . . . ��'�# .' :-�';'"�„ ..
<br /> ' STATE QFFf8UARY 5_�1979 ';,. „ �. � ; ' t � � .��Entered�on narnerical index und filed for��record.� . � :�"�': �
<br /> sa �.:
<br /> ' County � . _;. � . � � � � �in Lhe Register of Deeds Office of said�County the �� �� ,a�;r �.
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<br /> ��. . � .���day of_,. ......,..., 19.._.�...� at....... .:.:.�.�......,o'elack�and...... ...._.::: . ....:.minntes�..._..�.�..... _M., � � _i�.`
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<br /> � . �� �.... � . � .Reg. of Deede � �:. �' �.
<br /> � � . . . . . . ...... ...... .,, ' Sr_" ;• �
<br /> � By..... .....:..�. ....-...- ,.:............. ...... . ..............Dep:aty .
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