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Together with. mall: Ullaings, improvements, OxAures, streets, alleys. passOV "Ys. easements, tights, privileges and <br />appurtenances located 4iremen or in anywise jerc•�s�aing thereto. and rents, � and profits.veVnions and remainders <br />thereof; including, but facet limited. ca, thpating aid, cooling equipment and auas pawns property that is attached to the <br />improvements so as to constitute a Plssclm all of which, including teplacemeto4s aced additions thereto, is hereby declared <br />to be a part of the real estate wcc wn 1T3 the Hen of this Mortgage and all of *e 4aregoing being referred to herein as the <br />"1,ropertY „• . <br />Mortgagor ftrrher convenants and agrees, with Mortgagee, as foliowa: <br />1. raymenL ,p pay the indebtedness and the interest thecem as pee��. d in this Mortgage and the Note. <br />2. Title. We.mpgor is the owner of the Property, has the �rgac urd•a-.thority to mortgage the Property, and <br />warrants that the lien. created hereby is a first and prior lien on the Asper*, ieseoVt u may otherwise be set forth herein. <br />® The Property b subject toes Mortga�rwitenein Fir $t g!&A ym � P irr cairn — <br />as Doc. #S7 -i +a T 33 <br />Is the Kortpgee, recorded MMtsQltXX3CXXXVjW aCtfte lkarppgr Sl Mcocd= of - 14,2111 County. <br />Nebraska. which Mortgage is a lien prior to the lien created herdf•_ <br />O Other prior liens or encumbrances: <br />3. Taxes, Assessments. To pay when dace all taxes, special assessments and all other charges against the Property <br />and, upon written demand by Mortgagee, to add to the payments required under the Note secured hereby, such amount as <br />stay be suffident to enable the Mortgagee to pay such taxes, assessments or other charges as they become due. <br />4, i amince. To keep the Improvements now or hereafter located on the real estate described herein insurers <br />against damage by Illwand such other hazards as Mortgagee may require, in amounts and with companies acceptable to the <br />lgorlpgee. <br />and with loss payable to the Mortgagee. 1n case of )oar under such policies the Mortgagee is authorized to <br />adjust, collect and compromise, in its diaaetion, all claims thereunder at its sole option, authorized ��de :ashall con• <br />paoeteds to the restoration of the Property or upon the Indebtedness secured hereby, but payments <br />tine• until the aumssecured hereby are paid in full. <br />L O Escrow For Tara and Insurance. Notwithstanding anything contained in paragraphs 3 and 4 hereof to the <br />emtmry. tdorigagor sbaii pay to the Mortgagee at the time of paying ttr monthly installments of principal and interest, <br />onetwelfth of the yearly tastes, assessments. hazard insurance premium, and ground ants (if any) which may attain a <br />pda ty over this Mortgage, all as' reasonably estimated from time to time by the Mortgagee. The amounts so paid shall be <br />veld by the Mortgagee without Interest and applied to the payment of the items in respect to which such amounts were <br />deposited. The sum paid to Mortgagee hereunder are pledged as additional security for the indebtedness secured by this <br />Mortgages Mortgagor shall pay to Mortgage+ the amount of any deficiency between the actual taxes, assessments. insurance <br />peemiums and pound rents and the deposits hereunder within 10 days after demand is made upon Mortgagor requesting <br />payment thereof. <br />S. Repair, Maintenance and Use. To promptly repair. restore or rebuild any buildings or improvements now or <br />hereafter on the Property; to keep the Property in good condition and repair, without waste. and free from mechanic's or <br />other liens not expressly subordinated to the lien hereof; not to make, suffer or permit any nuisance to exist. nor to dimin• <br />M or impair the value of the Property by any act or omission to act; and. to comply with all requirements of law with <br />respect to the Property. <br />MORTGAOE 90r- -1 06614 <br />70ia Moetpte k *%tend Into between Frnat W- PeterINnn-and Qr1sting 7. PA rynn - <br />_ -- <br />hustM nd and wife (herein , Mortgagor") and <br />palnta Bank Crane Island, Nakhroaka - (herein "Mortgage")• <br />wEly <br />_0..00 <br />ai mum of i , evidenced by Mortgagor's note <br />Mortpdor k tadeb6td to lbrtpgee In the lrineip 25. 00 <br />deiced .jnvember 13 - 1990(hatein "Note ") p wdding for payments of principal and Interest, with the balance of the <br />"Istedmes, If not sooner paid, due and payable an NONLe^+hp�t :- 1497 . <br />90aeaare the payment of the Note, with latetest w provided therein, the payment of all other aunts, with Interest, <br />advanced by Mortgagee to protect the security of this Morlpp, and the performance of the covenants and agresmenU of <br />the Mortgagor contained herelo, Mortgagor does hereby mortgage and convey to Mortgagee the following described <br />property located is Ha11 County, Nebraska: <br />Lot Eight (8) andthe West Half (WD of Lot NEete fi9D„ Wock Thhriy-Two (32), <br />f <br />Charles Wasmerns 2nd Addition to the Chy of Grand Island, Halt County, <br />I <br />Nebraska. <br />�. <br />Together with. mall: Ullaings, improvements, OxAures, streets, alleys. passOV "Ys. easements, tights, privileges and <br />appurtenances located 4iremen or in anywise jerc•�s�aing thereto. and rents, � and profits.veVnions and remainders <br />thereof; including, but facet limited. ca, thpating aid, cooling equipment and auas pawns property that is attached to the <br />improvements so as to constitute a Plssclm all of which, including teplacemeto4s aced additions thereto, is hereby declared <br />to be a part of the real estate wcc wn 1T3 the Hen of this Mortgage and all of *e 4aregoing being referred to herein as the <br />"1,ropertY „• . <br />Mortgagor ftrrher convenants and agrees, with Mortgagee, as foliowa: <br />1. raymenL ,p pay the indebtedness and the interest thecem as pee��. d in this Mortgage and the Note. <br />2. Title. We.mpgor is the owner of the Property, has the �rgac urd•a-.thority to mortgage the Property, and <br />warrants that the lien. created hereby is a first and prior lien on the Asper*, ieseoVt u may otherwise be set forth herein. <br />® The Property b subject toes Mortga�rwitenein Fir $t g!&A ym � P irr cairn — <br />as Doc. #S7 -i +a T 33 <br />Is the Kortpgee, recorded MMtsQltXX3CXXXVjW aCtfte lkarppgr Sl Mcocd= of - 14,2111 County. <br />Nebraska. which Mortgage is a lien prior to the lien created herdf•_ <br />O Other prior liens or encumbrances: <br />3. Taxes, Assessments. To pay when dace all taxes, special assessments and all other charges against the Property <br />and, upon written demand by Mortgagee, to add to the payments required under the Note secured hereby, such amount as <br />stay be suffident to enable the Mortgagee to pay such taxes, assessments or other charges as they become due. <br />4, i amince. To keep the Improvements now or hereafter located on the real estate described herein insurers <br />against damage by Illwand such other hazards as Mortgagee may require, in amounts and with companies acceptable to the <br />lgorlpgee. <br />and with loss payable to the Mortgagee. 1n case of )oar under such policies the Mortgagee is authorized to <br />adjust, collect and compromise, in its diaaetion, all claims thereunder at its sole option, authorized ��de :ashall con• <br />paoeteds to the restoration of the Property or upon the Indebtedness secured hereby, but payments <br />tine• until the aumssecured hereby are paid in full. <br />L O Escrow For Tara and Insurance. Notwithstanding anything contained in paragraphs 3 and 4 hereof to the <br />emtmry. tdorigagor sbaii pay to the Mortgagee at the time of paying ttr monthly installments of principal and interest, <br />onetwelfth of the yearly tastes, assessments. hazard insurance premium, and ground ants (if any) which may attain a <br />pda ty over this Mortgage, all as' reasonably estimated from time to time by the Mortgagee. The amounts so paid shall be <br />veld by the Mortgagee without Interest and applied to the payment of the items in respect to which such amounts were <br />deposited. The sum paid to Mortgagee hereunder are pledged as additional security for the indebtedness secured by this <br />Mortgages Mortgagor shall pay to Mortgage+ the amount of any deficiency between the actual taxes, assessments. insurance <br />peemiums and pound rents and the deposits hereunder within 10 days after demand is made upon Mortgagor requesting <br />payment thereof. <br />S. Repair, Maintenance and Use. To promptly repair. restore or rebuild any buildings or improvements now or <br />hereafter on the Property; to keep the Property in good condition and repair, without waste. and free from mechanic's or <br />other liens not expressly subordinated to the lien hereof; not to make, suffer or permit any nuisance to exist. nor to dimin• <br />M or impair the value of the Property by any act or omission to act; and. to comply with all requirements of law with <br />respect to the Property. <br />