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<br /> MORT'(3A(,�E � 87"..j.Q�1�2r:�
<br /> t�his Mortp�t�entered Inta betwean R9 eharA rc_ n.,n�,e�,& ca49�]� �o aun�.e-r.a
<br /> � Husband and Wlfe ae 'Pennatns in commor�
<br /> (herein••Mort�a�or"}�,nd
<br /> Fiv� Pei_nta Bank _(Dereii�"Mort�ee"�.
<br /> Mortp�or ts inde0ted ta Mort�a�ee tn ttw princlpd aum of a 5�,.,p�o_n� �ev�denced by Mortp�or'i note
<br /> �� 11-09-89 ������Note")pio�ldln/for paymenta ot pdndptl and intere�t,vrith tAe b�l�ace of the
<br /> iadebtednaa,Itnot woner p��d,due aad p�yabi�on- 02—nT-1999 ,
<br /> 'lb sicwre tie p�yiperit of the Note,wlth tnterr.�t as pmrlded thenin,the p�yment of all other suem,�rith taterat,
<br /> adnnad by Moetppe to pro�ect tbe:ecudty of thb Mortp�e,�nd tbe pertom�nce ot tue coreaanb and�peen�tnb ot
<br /> � the �idtt�oe coAWued bee�ein, Mort�or does hpre�y mort�ate�ud rnnrey to Mott�are the tollowln� dercribed
<br /> property tocyted la Hall County, Nebnai�a:
<br /> Fractional �.ot Five (5) , in Fractional Block One Hundred Eleven
<br /> (111), ot ,Railroad Addition and ifis complement to—wit: F'ractional
<br /> Lot Five (5) , in E'ractional � Block Seventeen (17) , or Rollin's
<br /> Addition, Hoth being Additions to the City of Grand Island, Hall
<br /> Coun�X, Nebraska. "
<br /> :,,; :__ _. _ _. . . T�eii�er rvitn aii buiidinp;impravements,m�t�ucs,at�eets,aiteys.pasa�gew�ys, easemente.n�ts,PrtvUegea�n�- - _ ` ,,
<br /> apputtenancei lacated thereon or tn anywlse pertaining thereto,and tLe rents,issues and pmfits��eveaions�nd remaindea
<br /> thenof;indudln�, but not limited to,heatin�and cooling equipment�nd�ucl�per:onal property t6at is attached to the �
<br /> �improvemenfa so as to constiWte a Cxture;all of whic6,inciuding replacements and ndditions thernto,ia hereby declared
<br /> to be s part oi the real estate secured by the lien ot thic Mort�a�e and all of the fore�oing bein�referred to henln as the �
<br /> "proPel'tY"• ,�
<br /> ' Mortp�or further ca►venants and a�rees,with Mortga�ee,as foUows: •, .�;�
<br /> � 1. Paymen� To pay the intlebtedness and the intenst thereon ae procided ln this Mortg�ge and the Note.
<br /> Z. T'itk. Mortga�or is the o�rnei of the Property,has t4e tight and autfioaty to morigage t6e Property,and '
<br /> watrante t6at the lien creited hereby isa�8nt aad pdor 1len on the Property,exceptAS�nsy othenrise be set forth heiein.
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<br /> Qq'tTneProperiyissubjecttoaMort�a�ewhenin-�ome F�raT Savings & Loan ;
<br /> c.. 78— 03759 `,��'
<br /> . i�the Mort$a�c�e,recotded����oQq�00000�oa�0000acoi the Mort6age R.ecords of Ha 11 �tiy�
<br /> Nebraslt;i,which Mortg�e it a Uen prior to the lien created denby. �
<br /> O Other pdor liens or encumbrances:
<br /> S. Tiac� Aserme�tk To psy when due aU taxes,special asseasmenta�and aA other charges ag�imt the Yroperty '
<br /> . rwd,apon�v�itten tkm�ad bp Mott�a=ee,tu edd ta Lhe payments requirc8 ursder the Nate cecur¢d�ereby,such amouat as
<br /> , te�p be wfflcient fio emble the Mortp�ee to pay such 4=es,aaaessments or other char�e.s as tEtey become due.
<br /> 4. Insue�ece. �`o keep the improvements aow or hereafter located on l•he real estate deacribed herein Insut+ed
<br /> �ainat dama�e by fire aad such other h�zards as Mortga�ee may require,in amounts and with companies acceptable to the
<br /> Mort�Qee,and rdtb loss psyable to the Mortqa�ee. ln c�se of loss ander sucb poltcies the Mort�ee is authotized to
<br /> adjust,colbct and compmmise,in its discRt�on,aU dairns thereundet at its sole opH�, autho�izedtoeitherapply the
<br /> prnoeed�to t1�e e+estoiaSon of the Ptoperiy ot upou the ladebtedness secured hereby,but payments 6ereunder ahaU con-
<br /> Nnue until the aumseecured hereby are paid in iWl. . _-_--____
<br /> 5. O Fwcrow Fot T�a and•Inwr�ece. Notwithstandin�anythina contained in par�graphs 3 and 4 hereof to the
<br /> contraey, Mortp�or ehal!psy to the Mort�ee at the tinne of paylns the monthly inatallments of princlpal and interest,
<br /> m�.tw�ra� or cee y�a�y taX�s,aae�menc�,hazud icuurante pn�uiums,and�round rents(if �ny)which may attain a
<br /> prialty over th{s Mort�a�e,all a�reaeonabiy estimated trom Nme to time by the Mort�aQee.'I'he amounts so paid sbaU be
<br /> Aeld by tbe llbrt�ee Mithout interest and applied to the psymeni of the items in cPSpect to which such amounts were
<br /> deporited.7`he wmt paid to Mort�a�ee herPUnder ue pledQed as additional security for the indebtedness secured by this �
<br /> I 1�[ortptlr.lbrt�a�or ah�l!p�y to Mort�agee the amount ot any deflciency between the actual taxes,assescments, inaurance
<br /> �•— prerr�unns utd�nund rents and khe deposits hernunder within 10 da s after demand Is made u
<br /> p�yment thereoL y pon A+Iortgagor requesting ��
<br /> 6, kepftt.lHalntenance and Uee. To promptly repair,restor�e oc tebuild any buildings nr improvements now or ���
<br /> � hereafter on EAe t'roperty;to keep the Ptaperty in ga�d condition and repair. without waste,end lrec from►nechanir's or
<br /> uthetliens not expressly eubnrdln�ted to the ilen hereof;not tn mgke.suffet or permlt any nui�ance to exist,n�r to dln�in• �
<br />. Ish t>t imp�lt the value ot lh�e i'roprrty by any act or p!pissian tc�ect;and to cnmpty with all requir�ments of law with
<br /> rexyect to the i'rop�rty.
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