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<br /> ' �, ' ;t` PAOV=D8D ALOtAi6, and theae pr�sents are upoa these =_—
<br /> coaditions s "i�L-
<br /> �f=�=_--
<br /> --� -- --., ii8ER8A8, said pertiy og r�he ff.rst part hae exeCUted and - --�.:-=
<br /> � �el.a.v�amd to the ea3.d party of the second part a promisaory nate �'����'�•`-
<br /> Qfos s�n� consideration dated this same dat� and due on the ls� d�y =��'�-°_ - -
<br /> mf �re�p 1994) and whereas, the party of the �irst part has agreed =-
<br /> �o keep �he buildinge, if any, upon said p�emises, ineured in some :<i;;,.;�:�"
<br /> �ompany or companies approved by eaid party of the second part, for
<br /> •:,,,�,;�;; �, ° �he sum not less than Twenty Four Thousand Six Hunaired Forty Five �`'.°:�„_
<br /> �. �� "'� Dollare Seaenty Nine C�nts ($24,645.79), and deliver to said party _�-^�=t
<br /> of the s�cond part the policy or policies containing � cbesuse with ���'r�-
<br /> - �,:.�..��,. the loas payable to said partg of the second part or assigns, �na� ,. ��:�:;;� _
<br /> , �<<t� has agreed to pay all taxes and �ssessments ag�ins� eaaei premiees w���;'
<br /> � ' ��,���' beco�ae d�lin uent and �►a� � e�d that if
<br /> �]�;;.,..�, �efare the same, by law, q � 5�' tt:�.�"�
<br /> ��~�'�' s�id pasty of the first part does not provide such insurance, or �:f�:�'-�,�:�
<br /> '�,;�x�., �; �•
<br /> �''�`' " fai.ls t� pay all taxes as aforesaid, then said party of the second ;�, :�`
<br /> . . d..�� .,. t .��„_t_-
<br /> ' ��. �'- '� • part, �r holder hereof, may pay euch insurance and tax�s, or either ' ��•__t�'��-���
<br /> ,'Ji;r�t�; ' , r�,�:;..:-�--
<br /> �,:...�, of them, and all araounts so paid by said party of the s�cond part r�,,:,�,,_-
<br /> : ;f'�.:.�,'� :' ahall bear interest at the rate of nine ercent er annum from the � ��
<br /> f P P ;�x�; _
<br /> � "�{`��� date of payment, and this mortgage shall stand as security °� -
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<br /> � therefor, and said sum may be added to the amount of th� mortgage � „ *.;�. „�
<br /> ' . de b t, an d t h e s a m e r e c o v e r e d a s a p a r t t h e r e o f. N o w, i S E t h e s a i d �°��-�
<br /> --- party of the f irst part shai i wel I. and truly pay or c:auae �o ba . '-.'�'"`'"
<br /> paid the said sum of money in eaid note above mentioned, with } �:��; '�4-:t.
<br /> ' inter�9t thereon according to the tenor and effect of sai.d note and � ;��'',:�,;, �
<br /> . Buyer s+hall keep said buildings insured as aforesaid, and shall `:r����`'� � _
<br /> ,f�t:,.;,, t . _
<br /> 1�, ��.y � . �-�, .
<br /> � keep all taxes and assessments paid, and shall duly keep, and {1�`,,�..�,(,; ,.,,:�,�,�_
<br /> • perform all the other covenants and agreements herein contained, f , ,:
<br /> � then these preser�ts to be null and void. Su� if said sum of mo�Ey ,+ �: +-; ,.
<br /> or any part thereof, or any interest thereon is not paid when the ��� ^� f � �
<br /> ' +':k�;;' ,�
<br /> � same is due, or iE said buildings shall not be kept insured as ",�#��- .,
<br /> • aforesaid, or if the tax and assessments against said premises are ,.�R . �
<br /> not paid at or before the time the same become by law delinquent, �_ ,� I��= �
<br /> or if said party of the fixst part shall fail to keep and perform " ' i�=',�
<br /> any covenants herein contained, the holder hereot shall have the � ' `�'�����,,:-�i_
<br /> . option to declare the whole of said indebtedness due and payable at f -� �
<br /> �"�� any� time after such failure or default and ma maintair� �n action ��'!?';�� �ac-
<br /> . Y �.• , x�,�--
<br /> • at law or e uit to recover the same and the commencement aiE such �" ''��`i "'
<br /> action sha 1 be the only notice of the exercise of s�id option � +�4:�s�':;�,:;` -,�;�;�`�"'�"=
<br /> required. r �����;� ,. , �' •" �l9,
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<br /> • AND IT IS FURT��R PROVIDED AND AQREED Tha� the said � , ""��"`���-��'
<br /> i �`;h'�•_:` �
<br /> - { ATartgagar shall und will pay a 1 1 taxes l�vied upon this mortgage or ; •��'�;�.' ��_
<br /> R the debt secured thereby, together with any other taxes or '��� : ��,
<br /> I assessments which may be levied under the Laws of Nebraska, against � �,�.;?
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