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<br /> ��, ��• Rr�at. EBTATP MOR G� _-__
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<br /> ! � THiB MOATaAG� is anterod into 2�etween STEQHEN CAiN and JULIE -� t ____
<br /> � CAIN, Hu�band and WiPe, as "Mortqagor", whether one or more, And . - - � -�.,�..,�
<br /> 1 ROC3ER P. STELK and CAROLYN S. APPLEGATE, as Joint Tenanta and not
<br /> as Tenants in Common, whether one or more, hereinafter roforred to =,;;.,s:�..-..----.
<br /> . as "Mortqagee". _�°=;rcae�,�..�,,.,..�.--
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<br /> � ��r�.�:wi�t.�.rw�o.�r.4:..-.
<br /> �. � Mortqagor is indebted �o the Mortgagee in tha prfncipal sum of ,=,7�..��4_��
<br /> saventy°Five Thou�anai pollars ($75,000.00), evfdenced by ,-:�-z„�._
<br /> �` l�ortqagor•s Note of evsn date herewith, provfding for principal and �. . - " _
<br /> � interest with the ba2ance of the 3ndebtedness, if not eooner paid, ,�k,.
<br /> i � d�n� and payable on September 16, 2001. � ��°�,:, •'�.+ �
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<br /> :;;,:� '' ° To secure the payment of the Note, with interest as provided ,
<br /> ���`���� therein, the payment of all other sums, with interest, advanaed by �""'��•'y�=-
<br /> ���
<br /> ii Mortyaqee to proteat the aeaurity oP this Mortgage, and the -_._
<br /> � performance oP the aovenants and aqreements of the Mortqagor ( `�L�,-
<br /> ...�._��,.,,t,_.P
<br /> i contained herein, Mortqagor does hereby mortgaqe and aonvey to ._�;.
<br /> Mortgagee the followinq describad pr.operty loaated in Hall County, , d . _- -
<br /> I� . Nebraska: �� , _
<br /> � An undivided one-half (1/2) iaterest in offfce Unit F in I � '�'�
<br /> the Grand I$land Doctore Buildinq Candominium Property � .�_
<br /> ;.. ,,. , Regime, Lot �ne (1) , st. Francis Meciical Subdivision, �:�'
<br /> -,. ,. � City of Grand Ialand, Hall County, Nebraska, as dePined � .
<br /> in the Master Deed Creating Grand Ts3arnd Doctors Building , �
<br /> . � -- - _ ;i.:�„ 4ondam3niu�a �'raparty Regin�e, jncorporated herein bY � . _-`•� '
<br /> • rePerence as reaorded by Dooum�nt 80-001693, together �
<br /> I '� ' with 4.6559 peraent in the aonuaon elements and area
<br /> ' appurtenant thereto, �
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<br /> . � ��getli.�i: with all btzilc33.ngs, fmpr�vp,ments, fixtuxea, easements, �
<br /> ` ' ' �I rights, privileqes and appurtenances located thereon or in any way ; �;
<br /> pertaining thereto, and the rents, issues and profits, reversions .�.
<br /> � and remain�3ers thereof= including, but not limited to, all such ;
<br /> � personal property as attached to the improvements so as to �
<br /> constitute a fixture; all of whiah, including replacements and
<br /> � additions thereto, is hereby declared to be a part af the real �
<br /> ' estate secured by the lien of this Mortgage and all of the __
<br /> foregoing being referred to herein as the "property". , . -
<br /> Mortgagor furthex covenants and agrees as follows: ; ; �„
<br /> � .
<br /> � 1. P3vment. To pay the indebtadness and the interest thereon �
<br /> ae provided in this Mortgage and the Note.
<br /> ; � 2. Title• Moxtgaqor is the owner of the property and has the
<br /> . riqht and authority to mortgage the property and warrant that the
<br /> � 1�len created hereby is a valid first mortgage on the property.
<br /> z I 3. �axes Assessments To pay when due all taxes, special
<br /> assessments and all other charges against the property and, upon
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