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<br /> i MORTt�AQ�. � 90�" 1 a 1.0��
<br /> _ ' Zbfs Mortp�e[s enteesd into 6etween� Robert D F�r�a��a.nci Geraldine L. Foreman, hu.g6an@
<br /> anti �ife, each in his aim riyht and as s�cuse�o£ ti'na a�i�r (herrtn"114ostp�ar")and
<br /> � FIVE POIN�S BADIK �
<br /> . (h�aie3n"Mortp�se,+j.
<br /> . Mortp�or Is inckbttd to 3Wst�a�e in the prtncip�i aum tit:��'�O1f3.�Q � ,evidence�l bY��Q�'s note
<br /> . ,. .
<br /> �� 2-21-90 (ht�n"Note")8e�ri6ina far geytnArif�oi princip�f snd in3crest,�ith tQe b�lance oi the
<br /> iadebtedness,tt not sooner p�id,due�d p�rdsk on 2�3'�� . • .
<br /> Tb�ewn tbe paymrut ot the Note,with intereat ss�sc.�detd'tltarein,thc paye,ent oi W ot�t sums,witt�Ink�st,
<br /> ads�sad 3s;bd�eri�e Co pra:cci the secu��r o��is Mat'�a:�4ntt,tCie�perfom�nee oi tlsr cavenan��nd a�r�carevmts-ut.
<br /> tl�e 1Wrtp�or conhined berein, Mort�Kar does herrb;r.mor�Y�gocat�d corirey to Mot�t�ee tht fo1la�Ia� de�crfbed
<br /> proprtty loczted in FIa13. �ount3� l�btas�: .
<br /> Lo�k Seven (7) i.n Block Three (3I i.ai W�,.^t��t;off's Secored Subdivision, being a
<br /> � resubdivision of ttce South Half o� F31crc?� �hree (3) and Four (4) and the :�c,rth . .
<br /> Half of Blocks Five (5) and Six (fa) Yl��r•xhof€'s First Suhc�ivision in the Citiy of
<br /> Gran`3 Islanc�. Hall County, N�ara,atca
<br /> Torether.v�th e!l 6uIIdFn�,impravements,fixtures,stteeta.�r:�,Wua�ewa9s� easements,fights,prtviteges and �
<br /> appurtenances located thereon as in anyvv�se pertainin�thernto�and the rents.iasuea and profits.:eve�sions and remafnde�s °.
<br /> t6ereof;including,but aot limited Lo,heatin�and cooling equipment and such pe�aonal propeiEy that�S atttchad to the
<br /> improvements so es to constitute a fixt�u+e;all ot which,tnclud�ng reptac�ements and sdditions thereto,is hereby deciued
<br /> to be a put of the t�¢il estate secured by t�e Liem of thLs MortQage ma all of the foregoing being referred to hexein er the
<br /> K6O��!!. . _.
<br /> ra
<br /> �. Mortg�or turther convenants and a�.�es,with:+���ee,as ff��.'���s: �
<br /> '. .,
<br /> • 2. Payment. To ysy t;ze i�:debtedness and the intQres�:h2t�o�ris�tavi�`e3 in thia Mortgag�and the Note. --
<br /> 2. Titie. Mort�or ia tt!e ox-�cr aS¢f�e property,h�s the�right and authority to mortgage the Properiy.and
<br /> v►arrants that the Iten cre�ted he:��� i6 s f���►d prior lien on the Property,excepL as msy otherrvlse be set forth herein.
<br /> �]The Ytoperty is subicct to a Mo�tea�e wherefn �'irst Federal Savinqs & Loat*� : .
<br /> b the Mort��ee,recorded at Raok ,P�e ot the Mort�e Recorda of Hal1 �unty, �
<br /> ' Nebr�alu,which Mortgage!s a l�en pnor to the lien created hereby. ,�
<br /> ' �J Other prior liens or eneumbrances: � �
<br /> 3. T�aros�.A�e�+nenU. '��p�y when due all taxes,speclal usessments and all other charges agalnst the Property
<br /> and,upon ptltten demmd by Mo��ee,to�dd to the psymenta nqe'sed under the Note seeured hereby,auch smount as
<br /> msy be wfAcient W enible ti�e Mortft�ee to psy such t�ces�asaeaemeat�vr other chu�es as they brcome due.
<br /> !. Inwtancr. To keep the tmprovemente now or hereafter located on the red estate described herein insuYed
<br /> apirr��dunapr by tire'�nd aucts eiher h�zards as Mort;Kes�ay ngulre,in amounb and with comD�ntes acoEy�!sble to the
<br /> IYtoe�y�ee.aad Mrith laa psy�Fe to the �lori�,t�ee. In c�e oi lou under sucte�icia the Mort�ee is au'chorl2ed to
<br /> sdj�xt, coilest �nd�ompromtse,in ft�dbcret�on,�Il cWms thenun8er at lts sole optlon, authorizedloeitherapply the
<br /> proaeds to the cmr�.�r�tton of the Property or upon the indebtadncss sr�.ired hereby,but ysynteat�hereunder ahall con-
<br /> tinue•until the s�srs secured henby u�e paid in tull. -
<br /> b. O F�cro�r For T�ce�tnd lnsuruice. Notwithst�ndin�anytt+inp contained in par��yris 3 and 4 Pcereof to the ��� _--
<br /> toetr�ury,Morip,�or:h�ll p�y ta the Mo*tgagee�t the time of psyiny the monthly installments of princip�S and lnterest, `
<br /> . one-iweltlh of the yeuty taxes�assesamenta,h�aard inaur�nce premiums,�nd�ound�nts(It �ny)Rhich may attain a
<br />; prlority oves thls Mortp=e,yl �a nasonably estimaled[xom Nme to time by the Mort��ee.The amounis so pdd sh�ll be ,
<br />- lu�l.d'+�+Eh�Mot!y�w�thcc�!�int��G�h��r�1ie�to tl�e p�Y�s!erG of E�e items in reegrc*to whlch strch amo�ntx wern ! . .
<br />'. dep+�ir�.91�e tums p�id to Mort`aeee henunder are p!e'ged�a addltlotul security tor the indebtedness ser.�;ired by thls ��
<br /> , lbtt�e.Mort�or shdl pay to Mortgtgee tl�e amount of�ny deficiency bet�reen the actual taxes,usessme;:�. insurance
<br /> � pcsnilums and�round rents and the deposlts hereunder withln 1p dags aitec dem�nd!s msde upon Mortg��or requesting
<br /> �:
<br /> p�yment lheteof. �
<br /> 6. R�pr:itt.?�Wnttn�nce uid U�e. To promptly re�s7r.restore or reDuitd¢tiy building,s or imprace�aR��ts now or , 1�M
<br /> - here�f:er on the property;to keep the Froperty in gaad ca�ditian and rep�r,wit..cut wute,and free frnm r..ecMnic's or ���r`��
<br /> otherliens noL exptrasly subordinated tv the llen hereot;aol to make,sutfer a:permit any nulsance to exlst,nor to dtmim .���
<br /> � fat► or irnpdr t6e vatue ot the Property by�ny att or omission to�ct;and tv comp3y with ell r�quirements df Iaw wilh �-
<br /> tespect to the Proqcsry.
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