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<br /> 1
<br /> 4y
<br /> J_8==Up 1490� . .
<br /> SDOpND MORTGAGE
<br /> � j � '- .. . ';. _,' , N�,RSF��LL
<br /> . _ . I.ATlF2Y J. AL�ID L. JAN NII�RBHEi}11I.L H:-�!-�.•:si
<br /> c :m: � : .`.Thic Mortgage is entered in4o between i
<br /> s �` < �v �y3.Wife -.' ' -' . ' . ' _ �� � � � �
<br /> , .:;,. � ,.:.
<br /> (herein'•Moekgagot„)and, '
<br /> � - TEiE qFZERL�AD7D NATIGLdAL EiF3NK C�' GRA1�ID'ISIl1ND Grand Islatxi NP1a'aska�eiein"Mortgagee"):
<br /> .r: .? -.:�_.,. .:_ .�. �: . . :.. . ,-,. ... ... .. � � �. .�. . , . .�.. .� ... �. . .�.. .
<br /> 'Mortgagor ls indebted td.MortQagee in the-pdncipal sum o[$ '25,D00.00 �ydenced by Mortgagor's note.
<br /> -`� `��d " ' Ma'rCh 16'. 197 erefn"Note" rovidin tor a cnents of nnci � '
<br /> �. )P B P Y P� P�and inteiest,with the balance of t6e
<br /> indebtednens,'if aot sooner paid;due and paysbie on. JunO 14, 1978 ,
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<br /> Tosecnre the payment o[the Note;with tnterest as provided therein,the payment of all other sums,with interest,
<br /> -. advanced'.hy-Mortgagee to pzotect t6e secudty oY this Mortgage,and the performance ot the covenants and agreements of
<br /> - fhe Moz[gagoz coatained herein, Mortgagor dces hernby mortgage and convey to Mortgagee the f'oltowfng described
<br /> " <'PeoPertY located tn ` Hall County, Nebreska:
<br /> .Lots Faur (4) arx? Five (5) in Block Six (6) Charles Wasmes's Addition,
<br /> . ; City of Grand Island, Hall County. Nebraska
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<br /> 4 � '.; .... .� �, :' � .. . � .. . . . . . ' � �.:. .
<br /> �;? . - Together with all buildfng;,improvements,Pixtures,strnets,alleys,passageways, easements,rights,privileges and
<br /> appiutenances Iocated thereon or[n anywise pe�taining thereto,and the rnnts,issues and proSts,=eveisions and zemainders _
<br /> -',_-'„ :thereot;.including,but not7imited to,heating and cool[ng equipment and such pe:sonal property that is attached to the'
<br /> � improvements so as.to coastitute a Cixture;atl oP which,including teplacements and additlons thereto,is hereby declated
<br /> i to be a part ot the real estate secured by t6e lien ot this Mortgage and all of the forngoing being reterred to herein as the
<br /> _ ..pioPeTh'"
<br /> t '. , `Mortgagor further convenanta and agrees,with Mortgagee,as followsc _ '
<br /> c 1.'Paymenk To pay the Indebtedness and the interest thernon as provided in this Mortgage and the Note.
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<br /> `�..:�:i'=. .. :�..:: : .>. .... .. �. . . � � � . . . . . .: :�. �;�::.
<br /> 2 Titl� Mortgagor.is the owner o[t6e Property,has the right and authority to mortgage the Ptoperty,and �
<br /> } wsrtanta that the lien ceeated 6ernby is a Cust and prior lien on the Property,except as may otherwise be set torth hernin.�
<br /> �I The Property is subject to a Mortgage whernin'
<br /> - 1s t6e Mo : _
<br /> rtgagee,mcorded at Book ,Page of the Mortgage Records of County,
<br /> ��:. -Nebras&e,:which Mortgage is a llen prior to the lien rreated hereby.
<br /> � � � Ofhez priot liens or encumbrances:
<br /> 3. Taxe{,:Aaeessments. To pay when due alI taxes,special assessments and all other charges apinst the Propetty
<br /> and;upon.wiitten demand by Mortgagee,to add to the payments required under the Note secuzed hernby,such amount as
<br /> ;; may be su[fident to enabie the Mortgagee Lo psy such taxes,assessments or other charges as they become due.
<br /> Ef ,
<br /> C . 4 Ins�¢ance. To keep the improvements now or hereaPter located on the reat estate described herein insured
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<br />� against,damage by tfre and such other hszards as Mortgagee mey require,in amounts and with companies acceptable to the
<br /> ;. „ ; Mortgagee;aad.wlth loss payable W the Mortgagee. In case ot loss under such policies the Mortgagee is authodzed Lo
<br />� � .-' 'adput;�aolIect and compromise;in'its discretian,all ctaims thereunder at ifs-sole option,.authoriud to either apply the
<br /> i t. ' ,�:`:' `proceeds.'to the zeatorafion ot t6e.Property oz upon the indebtedness sec�ued hereby,but payments hernunder shall con-
<br /> tlaue.until 2he sums secuted hemby am paid in full.
<br /> c � SS O E�crow-For,Taxes and;Inwranee. Notwithstanding anyt6ing contained in paragraphs 3 and 4 hereof to the
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<br /> ` � � ' pay- rtgagee et the ttme ot paying the monthly iustallmenta of principal and inkereat,
<br /> � F- contrary�,.MortgagoC ghal! to'tlie Mo
<br /> �f i�` � .�:one-twelflh:`ot fi�e;yeatiy-t�ces,:assessments;fiszaid insurance ptemiums,and gcound rents (if any)which may:attain a
<br /> r y ,;:�-..;. :,:Pgorlty�operthEc Mortgate;,all es ressonably,esttmeted hom:time-to Nme bY the,Mortgegee.The amounts so pa[d shall be .
<br /> r� heid by th�blortgagee without iaterecE and applted to the payment o[t6e items in respect to whfch sucd amounts wern
<br /> ��� ,� depamited:.�'lt�a sums`�sid to;Mortgqgee heYeaader are pledged a`s additional securitq torthe.indebtedness secured by this I
<br /> y a L r y �y lY�ot�e bi`oet�orshail�aq'bo Motigagec-She awount oi say de6ciency be£ween the actual taxes,assesaments, insurance . �
<br /> � ��' x poen�lpmetandi�countl r�uts°end N►t deposits'-Letennder wit6in�10 drys.after'demand is made upon Mortgagor=equeeNng
<br /> + , ._" P�yIDenG th�rboLG ':. ,• �,
<br /> d T a 1. i.. .; . . . '. ' ,; . . . ' � . .
<br /> s -_ " G Rapdr,Mainbeoaoce aad Uae To promptly nepur rnstore or tebWtd any buildin�or improvements aow or
<br /> ,he[+eafter on rthe-Pro�tetLy�to keep,�he,14op�efy In good condiNon snd cepa'ar,without waste,and frne from mechanids or
<br /> j 'oihel''Ii�not esp°reaslp su ,bo'i�nqked't"a the�lie�herepf�nof to maTce,suffer or permit any nuisance to exist,nor to dimin-
<br /> � ' ' 1ah be�im�r the i�alue oC tliie^Ptopertp by-anp ec�or omiaston�o act;and�,:fo comply wtth all requlrements of law with
<br /> 3 -�ecc.to•j�te.p�''*tY;„ _ t.;.,. 1�� . -- — - � - _
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