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<br /> ThisIndentnre,Madebynndbecween CLARE��CE.;.I. .;HOFFMAN .i�,.CAROLYN L .HOFFNWN and
<br /> JAMES J.,; KITTEN..& AGINE R. . KITTEN _.., ... . K.h oneor or here' afte referredto mortgagor
<br /> ana THE OVERLAND NATIONAL BANK'OF �GRAND ISLAND, Grand �s�and, '�e�ras�"ca, �ereinafi�er
<br /> ferred-to as Bank 62 000 00
<br /> re _
<br /> The Mortgagor for and m coneiderataon of($� . � ) ...:... ::.. .....-.
<br /> . � Three Hundred Saxt Two Thousand and P�o/100
<br /> .--._.. __...... . . .. .......,Y.. .. ...._. ...... .. .... .... ..... .. .. . ..... ._.,.. ....... ...DOLI.ARS,vaid bY the bank. �
<br /> the'receipfwhereof is hereby,,acknowledged, has granted, bargained, sold and conveyed, and by the pre»ente,-dcee grant,
<br /> bargain,aell and convey,unto said bank,the following dertcribed real property aituated in the County of .:....Hd��
<br /> an8 State of`1Vebraska,'to-wit: ........:. ........_...
<br /> ; A tract of lantl comprising a part of the Northeast Quarter of Section 26,
<br /> e ; Township 11 North, Rangel0 West of the 6th P.M. , more particularly described
<br /> on reverse of this document"as noted (4); ' ` - '
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<br /> � �together�with:all the tenements,.hereditaments and��appurtenances to the same Gelonging,�and:all��the��estate, title, elaims`.snd . .
<br /> � ��demands��whatsoever�.of the�mortgugor of, in or to�said. p:emises or an.y part,.. thereof; and�.said mortgagor�does hereby.aov- � .
<br /> �� enant,.that�the�mortfiagor.islawfully�seized.of said premises,tl�at said premises.are free�from�incumbrance.and mortgagor�� �.
<br /> ��.wi]! warrant�and defend.the�tit]e to�said premises against the�claims�and dem�nds�o£all persons whomsoeven�- � � � �
<br /> ' PROVIDED ALWAXS; and�these presents xre upon these con8itions: � . �� � . . . ��. �
<br /> ;� �� �. . WHEftEAS,�the mortgagor has exeeuted tind deiivered to�the Bank..._�.._...d..CQrt,�l.n,,,,,,,, ,,,;,�,,.:,,.,_.�promisaory note � � -�� ��
<br /> � .�and�has a�reed to maintain fire, windstorm ane3 extended�coverage insurance� on suid�premises in�amounts required��and in .
<br /> � � � ��companies�approved by the bnnk�and witli stiindard�mortgage clavses which policies shall��t>e delivered�to the bank,,and haa � �
<br /> �agreed�to.paY.nll�taxes:�nd assessments�levied against said premises before the.same beeome��delinquent.and to��maintain said ��
<br /> �. .�premises.. . � � . .. . . �. . . .. . . . � : .
<br /> � � � . .2Vow, therefore,�if the�martgagor shall comply �vith allof the provisions of said�note�and the pmvisions�hereof, then��
<br /> � ��� �� �theee-presents shalL be null and void:� � � � � � � � . � � . � � � � � � .� ` ��
<br /> � However, if the�above�.note and� interest thereon��r�any payments called �for�.thereon are not�paid.when�due or�.if:any'�.
<br /> �� oi�the�covenanta�of�this'instrument:are��not'complied with,,the bank,�or the.ho3der hereof, at.its.option�may declare the re- . � �
<br /> ;��� ���maining bsiance of�said��indebtedne�s.due�and��paynble and inuy maintain�an:iMion at law��or in equity�to recoverall amounts .
<br /> )� �� �due�and�enforce��the provisions�hereof. in the�event�of ti�e.faiture of rnortgagor�`Eo maintain��the �premiseg, .or� to�.maintsin
<br /> 'insursnce as is above�provided for, or-to�pay�taxes�or assessments,the holder hereof mxy�advarzce the sum or sums�necessary�' ���
<br /> ' to obtain� compliance�and�.such.smounts shall be.added to�the�.arnount due�on the.above mentioned note and�bear�interest�at� � �
<br /> �. the�highest�.legal��rate. � � . � � �� � � � � � � � � � �� � . � � � . �. '
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<br /> IT-TS�FURTHER� AGREED,'.this mortgage shall�constitute notice hereof, that this mortgage���is security for not only -
<br /> .the�amount advanced'concurrently�.with� the execution�hereof� hut.all future��adv�nces�which�may�be�made�at the�option of the� � � �
<br /> � .partiea orthefr assigns�up..to the total�amounLstated in this mort�;nge,. to the same extent as�advancea originally made here-� �
<br /> � �under.Further notice�.�is�hereby given that the tenoi�.bf each Mortgage Note including the�interest rate,�payment,��maturity,� � .
<br /> . ���� �penalties,���and ofher���.�terms�shalL�concuxrently uporr esecution beeome a���part of this�mortgage. � � � � � � "�
<br /> IT IS FI3RTI3ER AGREED, that the said Mort�agor shall and will nay ali taxes levied upan this mortgage or the debt
<br /> � :��secured therehy,�Gogether���with�any qther taxes or�assessmentx�which maybe levied�under-the Laws'of�Nebrsska;���against�.the � �
<br /> �sxid�Mortgagee or�the��legal.�holder of the said�principai note(a)on�acrnunt uf this��indebtedness:�� �.. � . � � � � . � � '
<br /> TT IS FURTHER AGREED,if`at anS time,while the mortgaKe is in ef£ect and the note for�vhich'Zhis mortgage is
<br /> � �,.iven as security,�or any�part�thereof,��remains�unpai�i, tkie undersigned Diortgagors se1I, convcy ar�contract�to�sell the real � .
<br /> � ����estateherein'described,oranypart��thereof,��or the Mort�agm•sdq�nat have or��cease�to have�title to�said resl��.estate or any� �� -� � �' ��
<br /> ; psrt thereof,then and in sny such events,the Mortgagee may,at its option,dec3are the unpaid principal balance; and interest,
<br /> �� �ot the'note secured�hereby�immediately�duc and.payable. ln�the ecent that these premises are��not'now,or�should hereafter,not � � �
<br /> ; � � � he�occupied�by..mortgagor��Lhen this instrument shatl constitute an.assignment of rentals and servi.ce of��a copy.thereof upon the � .. _ �
<br /> ��occupant shali be�aufPicient to require ali payment for rentxl or.use of the premises after date of�such� Service to msde to �
<br /> " mortgagee.
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<br /> , Signed this...---.IS:t....:;_..._day of ..............a.U4E,'................_ 19.7�........ ....
<br /> s In presence of:_ ��� � � Y����'1�����"
<br /> ence T. 0 �`'�L�a rc" �� � o
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<br /> sTA� o�..... ,::.NEBRASKA _._ . ,. co„ntY of HALL.:._. :..,:.. ('q-aren e I, & Ca o n L. of{man and
<br /> Before me, x notary�public qualified for�said county,personally came ,i 5 ,� �(1 t}e�n ,� � l�q@� � j�1 tt 2tl �
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<br /> . known tp me..to be the identicaT gerson'�or�persons iho�'_.i�nedthe faregoing�ih�ii'xent'an"d acknon•�dge�Lhe execution�here- � �
<br /> of tA'lk:hi3,hzr oi�theii �u;untar} uc: a:;�3azd.
<br /> � �� Witnesa my hand and notarisi seal�on�..:...... :.....:.. .:�JUt12...� .:�.......�.�. ..........�.. .....__�, 19���. :.�. � � . . . . . . �, .
<br /> , j ' fiADEANG.6l.00K /, y�"�'"`��i�' �� ..:��� t
<br /> �SdENEfWbliffYl�lYir6taZitofNeb�:,�.:. , 19 J,� r.,/ �c;rs.!. :?.. c.. _.._.NotarY Public.
<br /> »:-, "M„��y •
<br /> ,.rdI�.�,,�; v ,.> _ .�'�,
<br /> � , u'1'ATE OFEB1tAR.Y5� 1979 � � .� � . j � _ � Entered�on numerical index and filed for record � � '�e};;
<br /> gs
<br /> ; , - County . ,;. . .. . � ��n t}ie�Register of Deeds Office of�said County the �.� � � 4` ��.
<br /> � ........ .. . .....�.._day oY_::. .......:-. .....:.�. , 19....:......, ut...:, ._.�.....__..oclock and..:....... . .,. ._._..rninutes :._ ...... ... M., . °;r��'*''.
<br /> : . -` . ........... of..���.._ ���:__ .... _�:.....�.�...�:..at PxRe.. . .. � '� �.��:^,
<br /> y�,. , . nad.�recorded;.in Book:_�: ..... ..��._... . . _.. . .:... ::......�..._:....:.............. � � . � �� . '.
<br /> iii� : . �."' ::.� .�. . .. � -.. . .� � ..�. ��. . .. .. . . . . : . . ,.' , ;%_. . .. . .
<br /> , .. .... . . : . ..._..fteg. af Deeda � .� ��.
<br /> � � . . . By.:.��... ......::... ..... . �. ........... . ......_.. .. ....,.........Deputy �� ,�- . -.
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