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<br />104908
<br />MORMAGIE 89- an
<br />This DdoRgage is entered into between Lee Meentso A .Ma'x -lied Man
<br />(herein "") and
<br />FIVE POINTS BANK'
<br />- — - Mortgagor is indebted to Morrtow lathe principal sum of s E boo _ uu , evidenced by -
<br />�ted .? A; 18- (herein "Note") providingforpWalentoorprincipal and Interest;vrith the tiUance of die
<br />104ebtedatir, if not sooner paid, due and payable on, i?
<br />To aeeun the payment of the Note, with interest as pn�ideci tiihl+atii,; fhe payment of ail other sums, with interest,
<br />advanced by Mortgagee to protest the seetrrity gZ thip Mortgage, ana.4he �fe�ormance of the covenants and agreements of
<br />the lldortgsgor coataiaed. b r,'Mior *, , does: hereb;. mortgage and convey to Mortgagee the following described
<br />property located in Ha l* " ` Couaufiy, ; Nebraskrt:
<br />SacanS�
<br />Lot 8, B? ccki:£:, zh:. Daxe RoushA3uiedivision, Hal1 County, NE
<br />Together with alLbui7it1ngs; Improvements, fur#ures, streets, alleys, passagew ays, easements, rights,'privilegea and
<br />apg Kiiances located theriedn.oaglp- anywise pertaining thereto, and the rents, issues and profits, revennons and remainders
<br />thereof; indu ft, but not litdlted to, hotbig and cooling equipment -and such personal property that is attached to the'
<br />irnprovementsys a ux to constitute a fisbriis,;it4i' of which, including replacements anti additions thereto, is hereby declared
<br />to he a part o €(its' red estate secured by,.-66 lien of this Mortgage and all of the foregoing tieing referred to herein rq; ",2re
<br />Mortgag6ir• further converiants croft iWees, with Mortgagee, as follows:
<br />1. payeient. To pay the indebten", 'and the interest thereon as provided in this At +rieage and the Note.
<br />Z. Title. Mortgagor is the owner of the iREfiy, has the right and authority to mortgage the Property, and
<br />warrants that the lien created hereby is a first and priorlien on the Property, except as may otherwise be set forth herein.
<br />O The property Is subject to a Mortgage wherein
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<br />Af
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<br />1s
<br />is the Mortgagee, recorded at Boots , Page of the Mortgage r�ixiWrds of County,
<br />Nebraska, which Mortgage is a lien prier to the lien created hereby.
<br />D Other prior liens or.c-ne:4mbiullo6s:
<br />3. Tuas;..Aaressments. To pay when due aU (dues, special- jinvessments and all other charges against the Property
<br />t' and, upon wlSf i eiiifemaud by Mortgagee, to add to tits t#e;'menu required under the Note seesired hereby, snob amount as
<br />way!.11e sufsciedt to enable tiro Mortpgee to pay suchil {ixas, assessments or other di�,r +es as tL, 6� become due.-
<br />�. A
<br />4. iaaarra �'n'. prep the improvements now or hereafter located ow.'the real estate described herein insured
<br />against damW by lire and such otbet hazards as Mortgagee may require, in amounts and with companies acceptable to the
<br />Mortgagee, aad with loco payable to the Mortgagee. In case of loss under such policies the Mortgagee Is authorized to
<br />adjust, collect and mapromla, in its discretion, all daims thereunder at its sole option, authorized to either apply the
<br />pteoeeds to the restoration of the Property or upon the indebtednocs secured hereby, but payments hereunder shalt con-
<br />tinue until the Sums secured hereby are paid in full.
<br />S. D Ennow For Tim said llaauraoee. Notwit>tatanding anything motained in paragraphs 3 and ! hereof to the
<br />cO0URffy;1I*dPgor shy pay to the Mortgagee at the time of paying the monthly installments of principal and interest,
<br />am-t. .`fth of tl-* ye 3 :cites, sawri;"isi, hwmd insurance premiums, and ground rents (if any)weich ma*j attain a
<br />priority over this Mo tgare, 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 />L deposited. The sums paid to Mortgagee hereunder are pkdged as additional security for the Indebtedness secured.by this
<br />Iiiortgage. lfo"WOrshail pay to Mortgagee the amount of any deficiency between the actual tales, assessments, insurance
<br />premiums and ground rents and the deposits hereunder within 10 days after demand is made upon Mortgagor requesting
<br />payment thereor-
<br />L Repair, Maintenaoee and Use To promptly repair, restore: or rebuild any buildings or improvements now or
<br />hereafter on the Property; to Beep the Property in good condition and tepair, without waste, and free from mechanic's or
<br />otM *r Hens not expressly subordinated to the lien hereof; not to make, suffer or permit any nuisimce to exist, nor to dimin.
<br />Ish or Impair the value of the Property by any act or omission to act; and to comply with all requiremesits of law with
<br />respect to the Property.
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