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NORTGAG.E $ - - -- 100747
<br />This K~ is entered into IS Steven E. Fitzgerald and Colleen G. Fitzgerald $
<br />1 Husband and Wife {herein "Mortgagor") and
<br />1 FIVE POINTS HARM (herein "Mortgaged").
<br />Mortgagor is indebted to Mortgagee in the principal surer p,*$ 29:1 000..00 , evidenced by Mortgagoe's note:
<br />dated 2/13/89 (wNia "Note") prrotlftg tot pa irwrita.at principal and interest, with the balance of the
<br />iedebtedaess, if not sooner paid, due and payable on_ -- 212QLV,
<br />To secure tits payment of the Note, with interest as provided therein, the payment of all other sums, wlth interest,
<br />advanced by Mor*W to protect the secuurty of this bWpp, and the performance of the covenants and agreements of
<br />the Idortpga contained herein, Mortgagor does hereby mortgage and convey to Mortgagee the following described
<br />property located in iiali. County, Nebraska:
<br />Lot Ten (10), in 9lauvelt Subdivision, being a past of the West Half of the
<br />Southwest Quarter (W &iSWU in Section, two (2), Township Eleven (1) 1Io h,
<br />Rarge Ten (10), West af'the 6th P.N. iri. Hall County, Nebraska
<br />v
<br />Together wftU all building, improvettsersts, fixtures, streets, alleys,, passageways., easements, eights, privileges and
<br />appurtenances locitid thereon or in anywise pertaining thereto, and the rents, issues and profits,reversions and remainders
<br />thereof;: including, but not limited to, heating and cooling equipment and such personal property that is attached to the
<br />improvements so as to constitute a fixture; all of which, including replacements and additions thereto, is hereby declared
<br />to be a part of the Teal estate secured by the lien of this Mortgage and ni? of the foregoing being referred to herein as the
<br />.,properwl.
<br />7lfortiiagor further convenants and agrees, with Mortggee, as follows:
<br />1. Payment. To pay tit*, i.n6ebtedness and the intered thereon as provided in this Mortgage and the Note.
<br />2: Title. Miss :at , ; hl'�ak ��wner of the Property, has the rig iti *nd authority to mortgage the Property, and
<br />womb that the lien am gt�t�i'ir el y is a first and prior lien oa the pnA *.arty, except as may otherwise be set forth. herein.
<br />30 The Property ;kv suby ?,M. to a Mortgage wherein Zjxa F-ai nta same
<br />is the Mortgagee, nCotdi;d';tt,8iootQaa- - aS2 , po 70 of the iY tVge Records of 11.1.1 >' Cpunty,
<br />Nebraska, which Mortgpgie is a lion prior to the lien created hereby. . .
<br />0 Other prior Ilems or enaimbrances:
<br />3., Taxes, Aaaermrent& To pay when due all taxes; speeial assessments and qtr o her charges against the Mvpesty
<br />and;, upotir written demand by Mea lWripe, to add to the payments regaired under the Nae secured hereby, such aiftount as
<br />may be sufficient to emble the MotIggee to pay such taxes, assessments or other charges as they become due.
<br />4. Insuwnier To keep., the improvements now or hereafter fiv t ed on the real estate described herein insured
<br />egalnat,clamage by fire and such athar hazards as Mortgagee iusy require, in amounts aid with companies cceptxi`,te tothe
<br />Mortgagee, and with low payable to the MorWW. in rage of loss under such policies the Mortgagee is a, bolt zed to
<br />adjust, collect and compromise, In its discretion, all claims thereunder at its sole option, authorized toeithe{iAWy the
<br />proceeds to the restMUM of the Ytnperty or upon the Indebtedness secured hereby, but paynme fuc h6munder sball con-
<br />Unue until the sums secured hereby are paid In full.
<br />S. 13 Esc" For Taxes and InKmee. Notwithstanding anything contained ili paragraphs 3 and 4 hereof to the
<br />contrary, Mortgagor shall pay to the Mortgagee at the time of paying the monthly installments of principal and interest,
<br />one- twtiftb of the yearly taxes, assessments, hazard insurance premiums, and gro°.ind rents (if any) which may attaln a
<br />priority over this Mortgage, all as reasonably estimated from time to time by the Mortgagee. The amounts so paid shall be
<br />held by the Mortgagee without interest and applied to the payment of the Items in respect to which such amounts were
<br />deposited. The sums paid to Mortgagee hereunder are pledged as additional security for the indebtedness secured by this
<br />L N01110 e: MortPVrshall pay to Mortgagee the amount of any deficiency between the actual taxes, assessments, Insurance
<br />premiums and ground rents and the deposits hereunder within 10 days after demand is made upon Mortgagor requesting
<br />payment thereof.
<br />S. Repair, Mainkmewe and Use. To promptly repair, restore or rebuild any buildings or improvements now or
<br />hereafter on the hoperty; to keep the hoperty In good condition and repair, without waste, and free from mechanic's or
<br />otherness not expressly subordinated to the lien hereof; not to make, suffer or permit any nuisance to exist, nor to dimin•
<br />ash or impair the value of the Property by any act or emission to net: and to comply with all requirements (if law with
<br />respect to the Property.
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