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Pipe v of 2
<br />REAL ESTATE MORTGAGE
<br />Open-End To Swum Pr>wsant and Atfure Ob ftof w and Advances
<br />Dom; January 1Q. 1989
<br />Bavid We Swanson and Dnnna R_ Swanson. hUsband and wife
<br />Mill is-ion a of Hail Counfy, Nebraska , In consideration of
<br />the advance by Mwgages to Mortgagors of the principal sum specified below, the receipt of which Is hereby acknowledged, and any
<br />future, addltktrtal or protective advances made to Mortgagore at Mortgagee's option, hereby sell, convey and mortgage to FIVE POINTS
<br />BANK. 2015 North Broadwell Avenue, Grand Island, Nebraska GO=, Mortgages, Its successors and assigns, from the date hereon until
<br />all obligations secured hereby are paid in full, the following•dsscrtbsd real estate In Ham— County,
<br />Nebraska , to wit:
<br />JM6 3M .ft
<br />Lot Six (6) Meadow Lane Fourth Subdivision, Hail County, Nebraska.,
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<br />togNMr with all IAortgsgtfr=. tipM, titN and interact in saki: praparty� feeefu4ing ail bclilstirtga. fixttuse erope and inlpraverrfents nor on ar
<br />h4eviefler ~upon UK raakpraperty; including aim all ai m"tAflactoWwatar. irrigation. and dralmage rWft sand all rerli
<br />e isvmst }nwa.
<br />N andrighShgposssetcR; Nlall.gas,gravN.rockoroatlierradittatswrnature, Includinogoothermalroucandailipm I'l'
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<br />propfery tltat may uttegretlp bpPang to or. heretttter becn,tfe sei li+rat pdrt of said real st'e<ate whether attached or detached, int:htding any �h
<br />�Fill,1 farwas enet.+tacaulteaMffts of any realdartice s utsii hersAy. and all we@@ , permits, license or priWMges, appurtenant or
<br />rfoit"OurtW"d to emit modg, *W premises, now or hw&VNr Issued: extended or relfewsd by Mortgagor, the Sti4r United States or any
<br />dt?prnirnartt. burwc cir ' ' , .7vtttersof• _.
<br />sC l�s fsfMraloali and a�csatl bafresr+t Nabgagors tint/ Ilafiagae tffM tat. tt�orlgegs Is given fo /earrree
<br />h • ` (e) A promissory rots or note togettwr with interest thereon executed by Mortgagors to Mortgagsa and described as follows:
<br />Ptbo" AWAW%t Dowse Hobe Pr #WW Amow t
<br />.` 01-16 -89 $18,500.00
<br />i \\ payable according to the terms of said note(s).
<br />(b) Andtherepeyn lien tinfull byMortgogorsofanysnd all futureand additional advanceewhich may bemsdsbyWarlgegee .at-ib option. at
<br />P the request of. and toorfortheaecountofMrmgagor *.orenyof them. foranypu pa- a, plus Interest detail sueltittvinces ,ul6dw."note(s)
<br />or other Instrument(s) taken in reenancktg, exteneltg. renewing, nesrnortizing or restntcturing such tndeberd toss or any pert thereof. all
<br />payable socordingto thel teri of seld notes) or other instrumant(a); provided, however, that the total prindpa4 Frudabndnew outstanding
<br />and sa turad hereby at any am tMw 9W not exceed the sum of E ghtaa n thnit4canrl flea ho i nay red dOilars r _
<br />and no 110Q -------------------------------- - - - - -- ----DOLLARS(: 18,5ad_nn ),
<br />eticktsiw of l -11101 t and of the protective disbursernents authorized hereln or in the loan agreement(*); provided, further. that THIS
<br />PARAGRAPH SHALL NOT CONSTITUTE A COMMITMENT TO MAKE FURTHER OR ADDITIONAL ADVANCES IN ANY AMOUNT AT
<br />K,
<br />ANYTIME.
<br />TIM
<br />` (c) The reps lvient in full by Mortgagors of all amounts advanced by Mortgages, at its option, to or on behalf of Mortgagor* as protective
<br />dtaburMmanb wthodzed herein. in the loan agreement(s), or In other instruments) which may be given to evidence such advances plus
<br />Lif ft on all such advances, oft—ebb" provided In the note(*), loan agreement( *) or other Instrument(s).
<br />ft (d) The payment In full of any end all other past, present or future. direct or contingent, debts and liabilities of Mortgagor* to Mortgagee of
<br />any nature whatsoevw.
<br />�IThis mortgage will be due -i n rarX 21 11 904 or upon the psymettt in full of all sums secured hereby. .
<br />Mort96W heireby warranithel they hold fte illImpletitle tothesbovs described property, that they have good ar4 lawfuf authority to mortgage the itamili. that Salo u
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<br />0011ill ylsft""Cletavofelltienaendencw titances. exeeptoxumbr ancesofrrcord. andthal theywi llwarrantanddeferidlaidpropertyagaunttoilcta ,mono
<br />S•• whoftte0evM Morloagortiatoo hereby wwmand relinquish all rights0dow9r. homestead. distributivaithiare am exemption in and to the above C85clibed property
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