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<br />MORM AGE g _ 102528
<br />Th1a 1111 ~ 1l entered into between Frank E. Kolar, a single person
<br />(herein "tlostpeor ") and
<br />MyS Saints Rank. Grand tsiind, Nebraska (hotels ••g ppe••),
<br />MWCP@w IS iadehted to MmtPgee is the p %dPd Gum of; ��. 011n de , evldeneed by Moetp es note
<br />dried MAY IS, 1229 (herein "Note") providing for payments of pdndpal and interest, with the balance of the
<br />iNeb so te * . If s sooner paid, dw ad ptgraktle an - -- August 14. 1989
<br />Towure t%o pymeat of Ike Note, with interest M prodded Owreln, the payment of all other somas, with interest,
<br />aav b±;► MWSWO to pentad the oftvdty of" +rb M ~. and the pettos::sna of the =vets and #4ftru eats of
<br />the Moef/Apoe eoataised herein, Mortppor does hereby monSw and convey to Mortppre the foilowiag dnedbed
<br />popsity IM "a to Hall County. Noto ka:
<br />Lot twenty- eight(28), Regency by the Green, Grand Island, Hall County,
<br />Nebraska.
<br />Topttser with ail buildings, improvemente, lUturm streets, Alloys, pm Wways, easements, eidtts, privileges and
<br />Ott* WttW Of inanyllin gtrtainlne- thMta. and_ the. rents= issues- andgrotib= rovenlomand nwWndara
<br />_ tbeeeef-, indudfap, bet not limited to. ittattnp an8 molly equipment and such personal property that Is attached to the
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<br />kmpr+assmMU so M to constitute a f►xtute: all of which, including reptatlemats and additions tbeaeto, Is hereby declared
<br />to be s p M of the leg state rotund by the lien of this Mostor and ail of the foregoing being swierred to iurein as the
<br />1110rtpgor lumber com morns and apvA% with Mortgagee, • follows:
<br />1. f yassst, Thpay the indebted" *Ad the interest thereon M pi nvided in this Mortpge abed the Note.
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<br />9. WID MQ909V W is the owner of the Property. hs the dgbt and authority to mortgage the Propetty:apd
<br />warrants that the ties created bereby is a Asst ad price lien or, the Property. except a: may otherwise be set forth herein.
<br />0 Dw Property is subject to a M~ wherein
<br />IS the Ma"We. tecco at Book . 740 of the Nut" Records of County,
<br />Neh mala. which 1loetppe h a lkn prior to the lien created beregby.
<br />0 Other
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<br />prior liens or enswab w",
<br />3. Tazwr Aaueuisaft To pay whew due W taxes, Welal auseu mb and ail other des edrind the Property
<br />sari. upon wdttea demmud by Moetpppe, to add to the payments required under the Note aacured hereby. such amount as
<br />coq M sufeaknt to eMbie tine Mosippe to pay each tales. messmeob or other chum n they become due.
<br />4. Innemee. To keep the improvements saw or hereafter looted on the teal estate described herein insured
<br />#SkK dump by llwmd such other hasards M Moetppse may nquite, in amoemis and wltb companies taeeptsbie to the
<br />Mwtpepee. and with flow payable to the Mcrtppe. is ease of law uarer such pdMa the Moetpegw Is authodieed to
<br />41011k oiled ani eompoaeise, to its dhcrefioa. all dolma thereunder at its sok Option, authorizedtodtherappiy the
<br />peoeeedt to tM vxkmWon OC the Property ar upm Ike bWWbkdn weeued be"by. but pdmenta bereander shall con•
<br />- tim- aatll tie tuna Secured b wit are paid fn lull.
<br />L 0 tomw par Tun ant mecca iia. Notwithstanding anything contained in pauraphs 3 and 4 hereof to the
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<br />covAraey, lioatp - 40 pay to the MoNppee at the time of paying the monthly laddhaents of principal and intent.
<br />aae4u om of the Yea1Y taxes. assessments. hazard intueasce premiums, and gmaued rents (if soy) which may attain a
<br />p6l► aver thin lifoetppe. dl art r+raroeably eatiroated horn time to these by the Mortpagee, TU amounts so paid shall be
<br />heM by the ifOW1110e wkboat interwar sad applied to the payment of the items in respect to wbkh such amounts were
<br />depasitrd, "M pdd to Mortgage hereunder ale piedprd m additional security for the indebtedness secured by this
<br />MSetppe. IltortppSeshsil pay b Martpepsu the amoar►t of eery deAciency between the actual taxes, averments, insurance
<br />pSSUaiaaar aa/ potty sent Said Me deposits hereunder within 10 days after demand is trade upon Mortpgor requesting
<br />p!y►lltat t w"t
<br />S. Repsi, Malateassrat ad Usr. To promptly repair. testae or rebuild any buildings or improvements now or
<br />beleafter our the Ptopertyt to keep the Property in good condition cud repair. without wwle, five from
<br />and mrchaatr's or
<br />Otheriiem not expreeety wbosdinated to the lion hereof: not is make. suffer or permit any nuiunco to exist, nor to d,min•
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<br />rb or impala t1w rased' of the PraVrty by any act or omission to act; and to comply with all requirements of law with
<br />R°spro to the fRoprrrty.
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