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<br />MORTGAGE 89.:: 101636
<br />'t1iDi�b1"1�I atMtn" into httwegn DPan L= Hsar'mr. are nel F_IIP.Rn F_ Harmc- hischand
<br />. Irld IKife (herein " AWagagor") and
<br />Fty* Ri4nte, &mk, C.rand Ie1, aNrj M.-- AhrashM (hereiu "Mortgagee ").
<br />l XVPg c iu #idebted to Mortoee is the principal sum of $ 19.620.25 . evidenced by 1lfartgagoes note
<br />dattd Margb 31x;1929 (h�Mn "Note") proeisiiog for payments of principal and interest, with the balance of the
<br />isdebse�aasa I1- xg tsaooer paK due and'payaWe on. April • 1 . 1999 .
<br />To<teear."payment of the Note, critic interest as provided therein, the payment of all other sums, with interest,
<br />&&U W& by UxtjWe to protect the security of this Uatgrgr, and the performance of the covenants and agreements of
<br />the Mutpgoe -eamlained herein, Mortgagor does hereby mortgage and convey to Mortgagee the following described
<br />property, 10eade41.41% Ha 11 County, Nehmata:
<br />Lot Thirty. One (31), Western Heights 3rd Subdivision, Hail County, Nebraska.
<br />TogetbeT rr� h all buildings, improsrezzl its, iii red, streets, alleys, passageways, easements, rights, privileges and
<br />appwtenauoea toe,wed thereon ar ;tn anywise j*Aain ng 0.9reto, and the rents, issues and profits, reversions and remainders
<br />thereof; including, but not I:inlwed to, heating and "JiLmg equipment and such personal property that Is attached to the
<br />Improvements, so as to consti`rute a fixture; an of which, including replacements and additions thereto, is hereby declared
<br />to be a part of the real estate secured by One lien of this Mortgage and all of the foregoing being referred to herein as the
<br />..Yeopeny ' .
<br />Mortgagor further o anvenants and agrees, with Mortgagee, as follows:
<br />1. FAm�ftt. To pay the indebtedness and the Amtetest thereon as provided in this Mortgage and the Note.
<br />2. Tithe. Mortgagor is the owner of the Ptopeny. tas the right and authority to rrrorrgage the Property, and
<br />wstrwts that ttse lien created hereby is a fjnst and pecr lien on the Property, except as may otherwise be set forth herein.
<br />® The Property is subject toa Mortgage wherein First Federal Saivingsg Lean
<br />as Doc. #77- 002719
<br />ist'oe•MortgWto- ;.rtcordedYt WAXXXXXXX~ of the Mortgage Records of Fall County,
<br />Pk6cisia, whiff 9lortgage is a lien prior to the lien crested hereby.
<br />M Other prior liens 4ttcumbrances: -Home Federal Savings nan, Der_ - tn1s79
<br />8. Toes. Assessments. To pay when ,due all taxes, special assessments and all other dw, ges against the Property
<br />and, upon written demand by Mortgagee, to add to the payments required under the Note sftun -J hereby, such amount as
<br />may be suMcient to enable the Mortgagee to pay such taxes, assessments or other charges as thEy become due.
<br />y. Iawslasce. To keep the improvements now or hereafter located on the real estate described herein insured
<br />spirsat damage by Wand such other hazards as Mortgagee may require, in amounts and with companies acceptable to the
<br />iliMpgee, and with loss payable to the Mortgagee. In cane of loss under such policies the Mortgagee is authorized to
<br />edJust, collect said compromise, in Its discretion, All claim thereunder as its sole option, authorized ioehherapply tine
<br />IN ceeds to the r estorstion of the Property or upon the indebtedness secured hereby, but payments hereunder shall con-
<br />Vitae. until the sums secured hereby are paid in full. -
<br />L 13 Escrow For Taxes and Imurance. Notwithstanding anything contained in paragraphs 3 and 4 hereof to the
<br />e mUny, Mortgagor shall pay to the Mortgagee at the time of paying the monthly instalments of principal and interest,
<br />one-twelfth of the yearly taxes, assessments. hazard insurance premiums, and ground rents (if any) which may attain a
<br />priority over this Mortgrage, all as resscntWy 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 />dmosited. The rams pdd to Mortppe hereunder are naedged as additional wcurft for the indebtedness secured by this
<br />M;rtgage. Mortpgor shall 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.118"tensnce and Use. To promptly repair, restore or rebuild any buildings or improvements now or
<br />hereafter on tse Property; to keep the Property in good condition and repair, without waste. and free from mechanic's or
<br />otherliens not expressly subordinated'ta the lien hereof; not to make. suffer or permit any nuisance to exist. nor to dimin.
<br />hh or impale the value of the Property by any act or omission to act; and to comply with all requirements of law with
<br />tespect to the Property'.
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