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<br /> 7'IIfS INDCNI'URE WI'fNESSC'f[i,that PAUL k. ANll h17.LllIZ1sU 1,OUISIs UONNI:Y, 1NS11ANU AND ldlPls, HACII
<br /> � INllIVTDUALLY IN HIS AND IitiR OWN 12IGF1'P, ANll AS SI'OU5li Ol� '17IL 0'fRtiR,
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<br /> ir� � i of }IALL County,Nebraskn,Laroln onlled MOA7'CAC01l,ln cousldorndmi of i 14�U00.UO In hnnd
<br /> �� mid,Jucs hcreL 'lllE PTRST NATlONAL llANK Or GRAND iSLANU I
<br /> r 1 Y Rnwt,Largniu,aell and wnvoy to_...._�_._.__ _.._......'..._.�__�„.._._.�_..___.._....._...__._..._...._._.��...._�._.__
<br /> �°�;�����': cttnrrn isLnrrn, N�uRnsxn
<br /> �a�'de.t,''y�;>t', ._....._._..___.,..._..___._.__.._.._......._.._..__._.,..._...._.._..__._.. ...__...,........_..........._.........._.....�.__�...._.._�...._�.....�....._,..........__.._.�_......,..,._......._..._
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<br /> ,:,w'r��'�'t�',�4?fijj: Larnin callad M110IlTGACGIi,its succcesore und neHlm�e foraver,tlto Iulluwluq Jcr.cdLad tenl estnto nituntcd b�dio CITY o!
<br /> ��¢'�� }!- GRAND ISLAND� I�AI.L Caunty,NcLmekn,twwit:
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<br /> i3,n:r�.�,f�;�' Lot Eight (8), Block I'our (4), South Grnnd I�land Adcli.eion to the City oE
<br /> ,,,'��''����+'`' Grand Islund, Hall County, Nebraska.
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<br /> �.���t�c'.� toged�er wit6 nll Ihc uppuricnnnces thereunto Lelonging or in uny wix per[uining t6crem,hlorlgagor rclinqui�l�ea ull rights u!homcetcud and
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<br /> ���;G' nll otLer cuntingenl interest in eaid pre�niscs.Tho conveynnce ot tLc premise,v aho�•o dcecribad togcthcr rvitl� all the reute, fysucs und profits
<br /> � ��`x,y: t6cmo(ie mndo to secure tho repnyment of o Ionm m�dc by thc nfortgagca to die hiortgagoq as evidcuced Ly n promiacory notc n(c�vn Jotc �
<br />� a,�. ' herowith in thc principnl sum oE POURT�EN THOUSAND AND NO/100 - - - - - - - - - - - - - - -
<br /> �'�',�..�� Dnllnre
<br /> �, ($ 14�000.00 ),executed by d�e htortgagor and payable to the ordcr uf thu htorigngec,with intcrest ut the mte thcrcin sct forth,
<br /> ,,��. i��a nr;�o;�01 nnd interest pnyublc in accordnnco with the terms of said promissory nute,ond finnlly ma[uring on April 6, ,191�.
<br /> � °ni; All sums Jue sLnll Lenr intcrcst¢ftcr dm Jue dnte nt the tnto of nine % per omwm,und rvith a xc¢sonablo ntton�ey'a fcc ux mny bo
<br /> , �-,: � Jctermined Ly the Court .
<br /> � , Alortgngor Lercby expre;�aly cavenunta nnd ugrces with Mortguqce,ns follows:
<br /> '�� � 1. hfortgogor is luwfully scized af an indcicaeiLlc ctnto in fec eimple (rca(rom encumbrnnces nnd hns good rigltt nnd power to convoy
<br /> � �' � an absolute titic,in fce�simple,including all the rights af IwmcstcaJ. �
<br /> `°r`'"•���� 2. To pny nit eums hereLy secured whm�due.
<br /> 3. To p¢y when duc nll tn�ms nnd assersmenls o(every type or nnhac Icvied or assessed ngninst said ptamrry,nr upon thc MortFngeoe
<br /> interest d�erein; nnd nlso to pay any cinim,lien or encumbmnce ngainet said property which mny bc ur become prior und ecoior to the lien oi
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<br /> this mactaaga
<br /> }'�y9`s�' � 9. To kcep al!buildings on tLe mortgaged property ir�sumd against loss¢nd damage by fire,windstorm nud other Luzards,widi aucL ealvent
<br /> �`�`+ insurunce com �
<br /> �� :,y£;:���. pt���y or compunies,and in aucli nmounts,ns ure satisfoctury wit6 the Mortgauce,m�d}vith the pmcceds oE]oss uyuhle lo the �
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<br /> �„;�7 A4ortgagee ns its interest mny appcur.The policics of ineurm�ce, und abstracts anJ othcr evidencc of dt]e,eLall bc dclivereJ to nnd hdd by
<br /> ��y��:; tho htortgugea vvithout linbility,and upon{oreclasure of this mortgage,or ncquisiuon of tha reai estate or nny pnrt thereof,in any othcr manner,
<br /> �',z �F q� � shall hecomo the a6solute propecty of the Mortgogce.
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<br /> ����,;. 5..Mortgagor will mninlain d�e�properry in ita present condition of rcpnir,und will not commi[or FuQer wtite tlmreof.
<br /> '�'' - b. In tltc event n[ortgngor inils to pay any clnim,licn or cncum6rnncc or tLc tnxes or ussessrnencs nbove mentioncd,or puy the nemiume
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<br /> ���:�h-: o[in.suranue,or keep seid prcmises iu repair,or shull com�nit or pem�it dw couunis=ion ol auy wns[c,or shull de(¢ult in d�e perlormunce oI any �
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<br /> ��};.;��,. oi the.terms,coveunnts nnd ugrcements of t6e promiesory note secureJ Ly this mortgagm or o[this rnortgage,a•if tLe Mortgugor shnll aLundon
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<br /> �'r�"�"y�� said property,or i(tlio nlortgngee ahull 6e mndo n purty in uuy suit on account of tLe esistence o[diis mortgage or involving d�e lida to anid
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<br /> ����`i�a;�f�v'� rcnl est¢te,d�r,h'[ortgugce muy puy eaid clnims,liens,encumUrancea,tuxes, nsst55menLs,or premiume, with tiglrt o[suhrogntian thereunder,or
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<br /> �G a,���tM � maka repniis,ur pvrclinse n lax tiAe,anJ may procive eucL aLstrncts ot tide or other evidenee of tide as it decros necesenry,or pay court costs,
<br /> ',��,ryF�'i��'�_ _ and nll swns So pnid,widi interest nt lhe maximum rate allo��•nble Ly luw,shnll becnme n pnrt of the indcUtednc�s hereby sccured,and also
<br /> '�yk�`�°:1� tLe wlmle o(thc indebtedness securcd hcreb slmll Lcwme nnd bo immediately duc mid �a uLlc ot thc o tim�o(1he htort n ca witlwut nodce
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<br /> pg �� or demund,wliich aro hcrcby expressly waired,and diis mortgngc mny be fumcloscd.
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<br /> � �� . 7. D�fortFo6or here6y nssigns to d�a 1lfortgagce ns aJditionol nnJ collntetnl ser,urity ull profiLs, revenues, ruyultics, righis and Lenefits
<br /> ''�4Ymst�'s,� nccruing to dic\torlgngor undet nny and nll present�or Inturc oil nnd gas lenses on suid premise;with Ihe righl ta receiec nnd apply them at
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<br /> ,.,),�.�.�,t,. i�s option to snid inde6teJnces.'Thie u�signment ehull tertninale md becomc null mid ruid upon relense ot tLis mortgaqe.
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<br /> ,r&�3L,/,.�,,.^,�: . iS. Yo dr,lny by tlie n4ortg+�geo in escrcieing m�y n(its rigLts hcreundcr xhiJl openuo as wniver thercot or shnll precludo il Irom the ccer
<br /> 1 Y''' t � eise thoreo/during the contim�unce oE any Je(¢ult or breach oE covenanL
<br /> �"�{ ' 9. Th(n mortguge mny bc forcclosed witB nll 1e6U1 or equituble rights, permitted under the lnws of the Statc o(Nebraskn not exprc=sly
<br /> -`�z:,��:��r� provided for herein inuring,thc Lenefit of the Mortgugce.
<br /> .� `�3+r 10. When tliu foreqoing cucennnts und ngrecmente Lnvo been performcd,this mortFpFe ehnll ho void and sl�ull 6e released at tha expenee oI
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<br /> `;;+b:e,��r`..;� \Iortgagor;otlmrwise to remein In Inll farce und cQcet.
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<br /> ' { ` IN WI'PNGSS WAERIOF,die Mortgagor h¢s hcreunto exeouted this instrument this Gth ��ny of April �1��76
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<br /> 7 Pau R. Bonney �;: �
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<br /> -,� �/ Cw��r� � �,c �d �.71L=c '
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<br /> Mildred Loui.se Bonney �
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