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<br />MORTGAGE 89� 101853
<br />This Mortgage is entered into. between pert W Gash and Barbara !I. Gash
<br />(herein "Mortgagor ") and
<br />W AND NATIONAL UM OF GIAM ISLAND (herein "Mortga�e''j.
<br />Mortgagor is Indebted to Mortgagee in the principal sum of $ 5►786.41 evidenced by hfortgagorlsnote
<br />dated Agwil B,- 1'r 9 (herein "Note ") providing for payments of pdacigal-and interest, with the balance of the
<br />indebtedness, if not sooner paid; due and payable on- - octow-r 3, 19
<br />Tommie the payment of airy, Note, with taterestae:. "bided therein, the payraii.0 of all other sums, with -interest,
<br />advanced by Mortgagee to protect t?tg:'r, aupty,.,; nt Ibb I11a&4itge, and the performance of the covenants and agreements of
<br />the Mortgagor contained herein, 5*roi`t gs °iitraw• hereby,mottgage and convey tm• Mortgagee the following described
<br />property, located in Hall County. Nr_bmka:
<br />tat Twenty. Sev6d. (27),' Mock Two (2), No Estate, City of
<br />Grand island, : Co tary, Nebraska.
<br />Together with all buildings, improvements, fixtures, streets, alleSva.passageways, easements, r.ghts, privileges and
<br />appurtewees located thereon or in anywise pertaining ther�sto, and the rents issues and profits, reversions and rerrsinders
<br />thereof ; .leading, but not limited to, heating and cooli"d.*equipment and such personal property that is attack"_ to the
<br />improveMMU so as to constitute a fixture; all of whiehE:"ItteliAng replacements and additions thereto, is hereby declared
<br />to be a part of the real estate secured by the lien of tali:. Nhirtgage and all of the foregoing being referred to herein as the
<br />"Property ".
<br />N[0rt`r gc�r %wrV1,0? eeitv;ettants and agrees. with Mortgagee, as follows •
<br />f.'paymeaL ti pay the 4±J.r3i btedness and the interest thereon aa•prptiidvd in tlt::s Mortgage and the Note.
<br />2. Title. 1�e Uxgor is the owner of. (he Property, has the right ani authority to mortgag+rtho Property, and
<br />warrants that the lien created hereby is a first acid prior lien on-the Property: except as may otherwige beset forth herein.
<br />XKThe Property is sobjecr..toa Mortgage wherein The Equitable Btti1AlA� and Wan Ass=,
<br />is the Mortgagee, reco> dcd atJ3Wos _._ . Page of the Mra,4g;yie Records of County,
<br />Nebmkm. which Mortgage is s ijicn, prior to the lien created heeeb% .
<br />0 Other prior liens or Ennumbrances:
<br />3 T9utes;'Awesmeets. To pay when due all taxe9,.sW121 assessments and all other charges against the Atiperty
<br />and. upon, writtta deraand.by Mortpgee. to add to the payments required under the Note secured hereby, such i moum as
<br />may be sufficient to enphitr- the Mortgagee to pay such taxes, assessments air other charges as they become due.
<br />4. Insuranee. 'To keep the improvements now or hereafter located on the real estate described herein insured
<br />against damage by fire and such o0er hazards as !Mortgagee may require. in amounts and with companies acceptable to the
<br />Mortpaee, and with loss payablt to the Mortgagee. in case of loss under such policies the Mortgagee is authorized to
<br />adjust, collect and compromise. In its discretion, all claims thereunder at its sole option. authorized to either apply the
<br />proceeds to the restoration of the Property or upon the indebtedness secured hereby. but payments hereunder shall con-
<br />tinue until the sums secured hereby are paid in full.
<br />5. Cf Ewrow For Taxes and Imurance. Notwithstanding anything contained in 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 />Otte-twelfth of the yearly taxes, assessments, hazard insurance premiums. and ground rents of any ► which may attain a
<br />priority otwr this 540H 9W. all as reasonably estimah d from time to time by the Mortgagee. The amounts so paid shall be
<br />held by the MortgWe without interest and applied to the payment of the items in respect to which such amounts were
<br />deposited. The sums paid to Moapgee hereunder are pledged as additional security for the indebtedness secured by this
<br />%X1111 W. Mortgagoraball 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 />poyritent thereof.
<br />6. Repair. hlainttmaaee and Erse. To promptly repair. restore or rebuild at,y huIding; o: improvements now or
<br />F..r after stn the Froperty: to ki-ep this Property in gt" condition and repair, ,mthout wao-. and fire fmrn meeha nic's or
<br />+tshertisrn; riot etiyncsly Subordinated to the- lien hereof. not sir make. suffer or permit any nuEvaitre ter exist. narks dinnn
<br />i.h m imIu,r the Ldau a +ham •e9urr $. ui l _.tt - A - , .,
<br />t Ire . Y Y .r, :+i wn,uvivii iii fia i, ants eu Pi�i i'i�ia v.,iu pn i. yUiie'ri11•11i5 -if tz/H E►Itit
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