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<br /> ' . �5-�, U U�G 3 9 _ . .' MORTGAGE
<br /> -. , � 'l�ia Mortgage•Ls eatered into betweea- �• ��
<br /> HA�DLD G. ARII� AND � b�txl arrid
<br /> j Wife . - (herein"Mortgsgor")and
<br /> �.',,' ' TF�:b17h"RT.2�,bID L�iTIONAL:F3F,NfC �'C�R�ID ISLAl�IDi. CYaTid-Isl.di�d� NeYiraSk�t�
<br /> " erein"Mortgagee") '
<br /> { � A�inrtgagor is indebted ko:Hlortgagee=ln.the principal sum ot$ 73,853.62 ,evidenced by Mortgagor's aote:
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<br /> �° `M�rCh 17• 1978` (he:ein"Note".)providing for.payments of principal and intarest,with the balance"ot the
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<br /> "� •' dated
<br /> `. � indebCedncas;i[not sooner pa9d,due and payable on dsnan[3 , `
<br /> t"To secure t�payment ot the Note,wlth inteiest as provided the:ein,t6e payment o[all other sums,wiEh interest;
<br /> _ �' •". advanced by;Moitgagee to pmtect the security of th➢s Mortgage,and.the per[ormance ot the covenantc and a�eements of ,
<br /> _ ;;,- � C6e'Moitgagor.contained herein,Mortgagor dces hereby mortgage and eonvey to Mortgagee the followimg described
<br /> : pioPerty located in �1 County, Nebraska:
<br /> ` Lot TWenty (20)�`CaPital Heights 7th S�abcIivi.sion.: Hall County, Nebraska
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<br /> Toget6er wlth all buiidings;improvemenfs,Gxtures,strnets,alleys,paasageways, easements,.rig6ts,privileges and
<br /> t appurtenancPs tocated thereon or ia anywise pertaining thereto,and the rents,issues and proGts,reversions aad iemaindea
<br /> �" Wereot;-including,.but not limited ta,heating and cooiing equipment and such.peesonal pmperty.,that isattached to We'
<br /> - ' improvements so as to constitute a fixture;all of which,including replacements and additions thereto,ls hernby dectared
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<br /> to be a�pait ot the ireal estate secu:ed by the lien of this Mortgage and all ot the foregoing being reterred W hernin as the
<br /> ' _:.' _ "pcoPertY" _
<br /> MorLgagor further convenanfs and sgeees,with Mortgagee,as tollows:
<br /> , . + _' ' 1. Paymenk To pay the indebtednesg and the interest thereon as pmvided ln this Mortgage and theNote_ `,'
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<br /> ; , 2. 17Ue. Mortgagor.is the owner of the Property,.has the right and authority to mortgage the Property,and:
<br /> `,, .`,; •,- warranfs that the lien cceated hereby is a[icst and prior lien on the Propetty,except as may otherwise be set foxth 6ernin: ,
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<br /> �1'17�e Property is subject to a Mortgsge wherein
<br /> ,;�- � . is We Moctgagee,rernrdedat Book ,Page of;the Mortgage Records of County,
<br /> '::Nebrds�,.vnhich Mortgage is a lien prior to the lien created hereby.
<br /> , ,_ � �COther prior liens or encumbrances:
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<br /> �,., ,, , 3. Taxea,A�ents. To pay.when due all taxes,special asseqsments and all other charges against the Property
<br /> _ _.and,.upon written demand by Mortgagee,to add to the payments required under the Note secured hereby,such amount as
<br /> may be auf6de�to euable ttie Mortgagee to pay such taxes,assessments or other charges as they become due.
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<br /> 4. Inaurance. To,keep the imptovements now or hernaftez located on the real estate described hernin insuied
<br /> � againstdamage by H:e and such other hazacds as Mo=tgagee may reqwm,in amounfs and with companies acceptable to the
<br /> ' � ` - ' Mortga(�ee,aad wlth loss payable to the Mortgagee. In case o[loss under such policies the Mortgagee is authorized to
<br /> ``'"' '" adjust;,collect"snd compromise,in its discretion,all ctaims thernunder at its sole option,'authodzed to eitherapply the
<br /> � ' pioceeds to tl�e reatoratioa o[tfie Property or npon the indebtedneas secured hernby,but payments hereunder shall con-
<br /> `"` . '; tinne'uatil tbe'snms seaured hereby are'paid in fuli: `
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<br /> '`- ` 5. Q Escrow For Taues and loa�rance. Notwithstanding anything contaiaed in puagraphs 3 and 4 hereof to the
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<br /> , . ., -,;,contzary Moetgago�ehall pay,to;the Mortgagee aC the time of p�ying the.monthly,insteliments of principal and interest, -
<br /> ','- ;; one,twelfth,of:the,yeailg taices,:pssessments,hazard insutance prexniums,and ground rents(If.any.)which.may attain a
<br /> " �o .� :: Prlc�i�ovez�t6is;�Mortgage;all:as;ieasonably,estimafed trom;time.to time by the.Mortgagee.The amounts so pald shall be
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<br /> , ,;, held by;,the Ddortgagep;withoat.intenesx,and applied to.t6e payment of the iiems in rnspect,to which such amountswece
<br /> � de�fOetted.The auaia paid io Mortga�ee heceunder are'pledged as additlonal aecurity for We indebEedness secured by this_
<br /> k� • btoktgege MartgagoeahalLpey W Mtirtgagee the amouut of bay de6cienep between the actual.taxes,assessments, insurance
<br /> ,{uem(Ums ahd gidundzenb-and the'depostfs heaunder.wtthin 10 days aftee demand is inade upon Mortgagoc requesting
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<br /> S.SS ,�"""' i .`��yIDER�Z11�E80�q: �, 'i .. .. . . � . . . - � . . .� .
<br /> � s ° �t '&g R34paiY'D�fa�nte�we!aad:iJee To promptly,repair;,restote'or rebuild any buildings or improvemenfa now or
<br /> `l f.,� `het�a[ter dn the'Fcoperly-to ueAp t6e Propeily3n,good coadttion and cepafr,w[thout waste,and hee from mechanids or
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<br /> -� -f "-oth2ill�ns no'i e"s'prtaa�y subordinate�d to t6e lien hereof;rioi'to make,snffer or permit any nuisance to exist;nor to dSmin-
<br /> :'` '.. 'isl[",oi"Ihipii�t6�:ip1i��:oi:Uie.Piope'rty'by.sriy'fiet'oe omia`aiod to:acL';and to domply with ail requirnments of Iaw with
<br />{ �': reap�et'Y�d th�PfllperLY .. a �
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