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<br /> � ' ... � � � MORT�GAGE � 1��1�I
<br /> ; � �
<br /> � ����������o. John W. Albtight, a Single PerSOn and Ray L.
<br /> Albright, a Sittgie P�cson �he=e[s'"Mflrt�ag��"jand �
<br /> � FIVH POINTS HANK, Gcac�d_Isiand, Nebraska (heretn"Mort.�a�ee"). •
<br /> ' , � Mo:t�or is tndebte8 to Mort{µee in the ptincip�l aum of S 4,�S 5.38 �evidencea by Mort�a{or's note
<br /> d�kd 2-8�90 ' (lsenin"Note°'j�m.idinE fo:payments of princip�l an�d interest,vvSth the bal�nce of the
<br /> [�ae�ceane�c,if not sooner p�a,daE�nd p�yabte on 2-8-93
<br /> Zb recure tbe paymettt ot the NoRe.�rith interest as prnvtded thenin,the pryraent oi W other sUma,�eith inteiest,
<br /> � �dvRnced by Martp�ee to grotect the securIty of this�iortga�e,and the perlorm�ce of t6e coTenants�d ageeements of
<br /> the Mottp�os cant�ined ��reia, Mort�or does 6e�ctby mott�aEe wd ca�ivey to Mott�aaEee the follawing described
<br /> propertp located in �a�1 County,�nslra:
<br /> Lot Thirteen (13� .a.� B1oc� Two (�l in Ficst Artistic �emes
<br /> Addition ta the Ci�y of G�ar�d s's�L�:nd, Hall Coue�ty,
<br /> Neforaska ..
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<br /> � Torether with�II buildfngs,improvements.fixtures,streets�alleys,pass�ewsys, easern�nts,ri�hts,prjviteges anrl ,
<br /> •ppurtenances tocated thereon or in anywise pextainin�thereto,uad the rents,Lssues and profits,reveislons and remainders
<br /> thereof;including,but not limited to,keattn�ind cooltng equipment and such persoa�l pioperty that is attached to the
<br /> � improvemenis so is to constitule a Gxture;all pf which,including replacements and addittoas thereto,is hereby deciared
<br /> to be a part of the real estate secured by the lien of this Martgage and aU ot the forngoing beinQ refeired to heiein as the �
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<br /> bYortp�or further convenants and agrees,with 1�iort�aQeeY u toUoas: =
<br /> ' 1.Psymen� To psy ttie indebtedness�nd tke intsrest theteon u provlded in thfs Mortg�ge md the Note. �� -
<br /> 2 'I`it+e. hlortgsgor is the owtier:.�cfi�e Ytcperty,hts the right and autho�ity to mort�ye the Praperty,and �
<br /> Wa�.f�th�t the lIen created hereby is A f:yt and priar lten on the Property,except as may otherwise 6�e set forth herefn. '
<br /> 0 T!►e Aroperiy is subject to a Mortgage whe:ein
<br /> l�tAe Mortp�e,recarded at Book ,Page ot t.�e Mortasge Recozds ot County, �.= ,
<br /> , Nebrulu,which Mort�age is a lien prlor Ga ti��'r�1{en created hereby. '
<br /> � �Other prior liens cF�raam6nr.ces: '�
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<br /> 8, Taxt�Awe�menta. To pay when due�il t�4s,special auessments a-.�dl other chuges against the Property
<br /> ae�,upun written Qemand by Mortpgee,to add to the g�aymenls req��:red under the Note securedhereby,such amount as
<br /> rn�►y be wiQckat to enable the Mort�a�ee t.�p�y such taxes,a�aescrnctsi�i or other chu�es�s the;�become due.
<br /> 4. Iawr�nce. To keep the imr�vaments r.n�or hereaftFr located on the nal estate deseHbed henin lnsured
<br /> �irst dam�ge by f��'and s�?�other h�zards�Mort�ee msy�equire,in amounb rnd witA companies�cseptable to the
<br /> �fo�tp�ee�and with lo�p�yable to the Mort�agee. In cue of�loss under such pollcles the 26iort�tg2e is authorized to
<br /> ' �djnst� colkct +�nd c�xnpmaflee�in tto dfa�:t�etion,tll cWms lhe�ue�er'�t itr aole option, author9udtoeiWer�pplythe
<br /> peoceeds to t6e rntoration of th�Yropectp ar upon the indebk�aecund hereby,but paymenL hereunder shall con-
<br /> tinue�until ttie mtm eecund benby�p�a�d in full. � � -
<br /> 5. O Faerow FoT T�xe�and Inwc�nce. Noi�3hstand�nA inytbina contalned in pui�nphs a and 4 hereoi to the .Y===--_-
<br /> contrary,Mortpror shall p�y !o the Mortpgee at the tlme ot payIn=the monthly insttlimenW of principal�nd interest, •
<br />' one-tweltth o!the yeuly taxes,�ssesaments,h�zard lnsuru�ce prEmiums.and�round rents (if iny)whlch m�y att�in a
<br /> pdaity orer thia Mort�t�e,tll�s re�sorubly estlmated from time to time by the Mort��te.The atuovnts so p�id shdl be
<br /> hetd'by We lliort{��ee w�ithout inLere�t and a�piied to the p�yment ot the items ln tespect to eh➢ch such amounts were •
<br />__ � '■i��.^!'�s�as�rs!!�k�a.K;.w her.esssdsr are gle��rs aQ�4tlon�=�riiy i�r t�e lndeh*_�dae�s securec�hy thL ;�
<br /> ' Mottpte.Mort�or ehsll pay to Mortp�ee the unount of any deficirncy between the actual taxes.auessments, insurance
<br /> ' � q+�miurns�nd pound rents and the deposits hereunder writhin 10 d�ys after d�mand is made upon Mortgagor requesting �M
<br /> P�Ye�nC t6ereoL �.
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<br /> 6. R�.M�int�n�neeaed U�c, To promptly repait.restorn or rehuild any buildings or improvemenfa now ar h�(
<br /> � , hereafter on the Aroperiy;tb teep the Property in goud candition tnd reptir,wlthout waste.and[ree Gom merhanic's ar �
<br />�- atherlien�not expresaiy subordinated to tho lien heteof;not to make.suf[er or permit any nuisance to exist,nar tu dlmin- ��
<br /> 6h pz tmp�fr thp'vattt�of tRe Peopettty by�ny 1�cE ai amissjon to ert;gnd to cnmpty with�tll rcquirements of lnw with ,., _
<br /> ., tirsptct to lhe plrupetty.
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