|
IN
<br />r
<br />•.t
<br />MORTGAGE 89-va 100080
<br />7UNWtppebentered into betwstea- Cha,rta Ear -bgr, Jr_ and Kama K Farber.,
<br />husband and Wif4 (herein "1Nurtgagor ") and
<br />Fiyfa► FWDtf R&nk,CCandd Ind, Nebraska ( herein tfuartllwlvl.
<br />liartptyoe V IadtDted to liatpapee in the priaciptit sum of tj 9.040.00 , evidenced by Mortaapr'e rroW
<br />daps 12- 29_22. (4enin "Note ") prodding for payments of principal and Interest, with the balance of the
<br />A-"- laws" If"aooaer pail. due sad payable on�.l2`29 -93
<br />To new the payment of the Note, with interest as provided thenin, the psysaeat of all other auma, with Interest,
<br />alrareed by Moetppae to protect the aecrrity of this i W4W. and the prforraaace of the covenants and apnements of.
<br />tie i�lortppr contused hewsin, li wgipgor don hereby Mdpap and coarey to Moetppe the Moving described
<br />ply beat" is HalI Coursty, Nebraska:
<br />Lots Two (2) and Four (4), in Block Twenty Two (22), in University Place, an
<br />addition to- the city of Grand Island, Hall County, Nebraska
<br />Topther with sU tsrildinp. improvements, >rxLum, streets, alleys, pssoWwaya. easements, rlpbte., privileges and
<br />apprrtenances located thereon or to anywise pertainh* thereto, and the rents,boues and profits, rev era1afip#gfi remainders
<br />theyo .t! including. but not limited to. heating and codiinit eauipment and sueb personal progeny A.M. Iii 4064e, a ter the
<br />impmvements to a: to constitute s fi>nure; all of which, including replacements and additfor i:tberato, *,Iie-teby &asmd - -
<br />to be a part of the rest estate secured by the Hen of this Mortgage and all of the foregoing'bdaigreferred to."herein'r� the
<br />"Property +.,
<br />MoAMr further convenants and apses, with Mortgagee, as follows:
<br />1. yaynmeat. To pay the indebtedness and the interest tbewttt n as provided in this Motipge and the Note.
<br />2. Title. Mortgagor is the owner of the Property, has the right and authority to mortgage the Property, and
<br />warrants that the lien created hereby is s first and prior Hen on the Property, e*oept as may otherwise be set forth herein.
<br />0 The Property is subject to a Mortgage witerein
<br />Is the Matppe, recorded at Boot , Page , Of the Moutpege Records of . Waty,
<br />N4brasta, which Mori grage is a lien prior to the lien cmted hereby.
<br />O Other prior Hens or encumbrances:
<br />S.
<br />Task Aaasami Is. To pay when due all taus, spedif assessments and all other charges against the ftsgerty
<br />and, upon written demand by Mortppe, to add to the psymenti irquired under the Note sued hereby, such arnow tat-
<br />may be sufficient to enable the Mortppee to pay such tame, maeiisasants or other charges as they,beeome due.
<br />d. lisacsmw. To keep -the improvements Am or hereafter located on the real estate described;heaetn ismmd
<br />s plast dasna/e by Wand such other harardi as M4 jpW may require, In amounts and with companies Amptabk to the
<br />Mortgopse, ad with lose payable to the MortppeAn case of low under such poUdes the MoMW* is suthoeiss!d.to
<br />adjust, collect and compromise, in its discre" all claims tbenuader at Its sole option, authorized to eitherapply-ihe
<br />proceeds to the restoration of the Property or upon the indebtedness secured hereby, but payments hereunder shall em-
<br />Um. until the sums sscnreq hereby are paid in fbll.. .
<br />L D Eerrow For Tsars sad Ins ansm. Ndt+riftMod4w*0Ing contained in pragraphs 8 and d hereof r the
<br />contrary, Matpgor shall pay to the Mortgagee at the time 01, the monthly inswa enb of principal and itcF test,
<br />oartwditb of the yearly Was, aaassrsaeub. has�t!d<�aunoer pteYrsieans, aadl ground ne*#:(If .any) whkb may ak:.Gii a
<br />paloeity awlr tide Mortgage, all as sessoltabiy sodas" trom time to time by the Mortpgre. Ito amounts so paid shall be
<br />by rise Mortp pe without Interest, and sppiwt-tsi the payment of the items in respect to wbtch sub amounts were
<br />deposited. The Bran paid to Mortpagie+c•hereundeTaa pkdpc! aa edditloaal security for the "Indebtedness secured by this
<br />. M v.tpgorshall pay to Mor4tro t1!e em r!t of a�+yt !f i2less�y between the actual taxes, assessments, iaacsu c�dssce
<br />p�e tint aed prOiFad rents and the ftotits hereunder vrl tic 10r dsys after demand Is made upon Mortg gor req�d ng
<br />j payntsat tbowrof.
<br />L•— t Repair.1dableume and Uae. To promptly repair, restore or rebuild any buildings or improvements now or
<br />hereafter on the Property; to keep the Property in good condition and repair, without waste, and free from mtrchaa-es or
<br />other Hers not expressly subordinated to the Hen hereof: not to make. suffer or permit any r atseme to exlat rear m dirain-
<br />ish or Impair the value of the Property by any act or omission to act; and to comply with all mqug remkts of law with
<br />respect to the Property.
<br />6...
<br />f
<br />r
<br />f
<br />
|