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<br /> . • ' " M�OR,TGAGE �0��� ,
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<br /> 74�i4 MortQe{a lo Qatet�d t�to hetwcen• a�A..��...�l—H-�Y6'�S1�,�t1.�3�SL-�f�Aean — - -
<br /> ` ___„_�___(hur�ln••Mort��o�")�nd
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<br /> " Five Polats Banlc� a Nebraeka Coxporatioa (h�reln"Mort�rea"� ,
<br /> Mortp�or b ladebted to Mort�Kee in tde pelncipd�ura of i 1.52A.50 _�eiidenced DY 1Nortt�o�'�naN y
<br /> � , �d Augue t 18, 1994 ���in"Notm^)ylroWdin�tor gaymen4 oY p�Dncip�t and taierasQ�sr�ih tiao bat�ae:o�the
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<br /> � indebtedaeaa�it aot wottes gat�,due wd pay�Ne on s„o,f e r ��R���_• ,
<br /> " , � 9b seeure the payaaent of the Note.wilb latsrest�a provided therein,tbe psymeat ot dl othet�wm,witb inteiest,
<br /> tde Mortp�or conWned derein,t Mortg�g does hereby�m�urt�e m►ed conve�y to Mort�ee@the tollorrin��de�cet6ed
<br /> � , ,' P�PQrtY located ia �11 Countyr, Nebrr�lur .
<br /> Lot Twelve (12) and the Weat Half (W�,) of Lot Tbirte�a (13), Block One (1), �
<br /> Bogg•a aad Hill's Additian to the Citq of Grand Ieland� xall Couaty, Nebraeka. .
<br /> � i
<br /> _ - TogeWer wttb all b�Wdiags,impeovemeata.fluWres,streots.dieys,pass�ger++�3+e, as�etuguts.s�3s�s,•isri�le�s ra�
<br /> , ., ayptutenutces located theteon or in aaywise pe:t�tNag the:eto,and the renta,isaues and protfta,rev,etdan�e�nd ram�indere
<br /> � tbereof;lncluding,but not ltmited to,heitlng end cooling equtAiaent and eucd pe�sontl pmperty Nut btt4ached to tlse
<br /> W be a part of tlte realcestate secured byWe Iten of this Mottga�e aad aU ofethe toregofnB befn�mietred to hetain a�#D�e
<br /> ��pmPertp"• :.
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<br /> Mortga�or ttulder convenante and e�ees,aritb MottgagPa.+s followe: �,:r
<br /> 1. Payment To piy the indebtedness and the interest thereoa�s provided Sn tdis Mortgage and tbe Note.
<br /> 2. Tltle. Mortgago:is the owner of the Property.!w the d�t u►d authority to mortgige the�Propatty,and
<br /> wueants thxt tme lEea created hereby ia a titst and p�ior lien vn the Property,except as mey otlterwise ba eet forth herein.
<br /> �'11ie Pcoperty is aubJeet to a MotEgeQe wheceia
<br /> is We Mortgagee,recorded at Book..�..�+Be oi the Mo�age Recosds ot �u°tY'
<br /> Nebreska.vrhlcb Mortgage is a lien p�lor to We liea crented he�eby.
<br /> • O Other pdor liens or eacumbraaces:
<br /> • 8. Ta�s.At�menffi. To pay when due eU taxes,apectal esses�ments and tll other chuges agafnat the Pcope:ty �
<br /> d nnder the Note secund hereby,cuch amount as
<br /> Wre
<br /> •nd,upon weitten demend by Mortgagce,to add to!he payenenta teq
<br /> asWe becotnedue.
<br /> ma be sutQdeat to eneble the Mortgagee to paY such taxes,aasessmenfs ar othet chataes y
<br /> Y . o.•
<br /> ow or hereatter
<br /> located on the red estata deacrlbed Rerein insueed �
<br /> e im rovementa n
<br /> 4. U�tuance. To heep th p
<br /> ' �gafnst damege by�e'nnd such other hozerds ag Mottgagee mry eoquit�e+ia ur►ounffi and wtth compu�ieatccep�►ble!o the
<br /> Mortpgee,aad with losa psyable W the Mo�geQee. In case of losa under each polfdes the Mortq�gee is auWoiized te �
<br /> . adjust.collect and cowprotufse,in fta discretton�,�11 cletma Et►ereunder tt its eole option, sut6or�zed toeitQerapply the
<br /> proceeds to the restontion ot the Property or upon the iadebteMeas secuced hereby�but psymenb hereuader ah�ll con•
<br /> llnue�unlil the aums seaured hereby ete paid ta fuU.
<br /> b. D Escrow For Taxes and Insuteace. Notwttdetendtn��InScoat�N�N6� !ts��d�l Le[eot to l�be
<br /> contrauq.Mortgagor nhaU pay to the Mortgagee at tAe t[me of paying tDe.lmtl�it�fEyi inshll�o�pttndpal md iatetest,
<br /> one•twelfth ot the yearly taxes,essessments.h�zard insucance premiuttu,and'Bt�M�tt"'jlfi��1Y1�►htch maS'attain a
<br /> e�doritv over t6is Morttta�te.d�as reasonabiy esttmeted tcom time w time by ehe Moitga�ee.'l1i�unownb so p�id sh�11 be
<br /> tt ._.
<br /> held by the Mortg�gee wtthoat tntems!and applied to the piyment oi tne items in ieapeci'sv w`nia�o�w����waac
<br /> ^ BB
<br /> .s deposited.74�e suma paid to Mortgagee hezeundet are ptedged as addittonai securitY!or the lndebtedness secured Dy this
<br /> Mortgege.MortBaBorshell PaY to Mo:t�sgee the amouat of any deRciency between the tetuel taxea, assesvnents. iasucance
<br /> p�enefums and�ound rent�aad the Aepasits hereunder withtn !0 days etter demtnd is made upon Mortragor rsquesting
<br /> ;�, pnYeuent thereoL '
<br /> � c ,
<br /> 6, Repatr,M�intenwce nnd Use. Zb promptly repatr.:eatore or rebuild any butldinge or improvemenis now or
<br /> . hemafter on the Property;to keep the Property in good condit[on end repafr,wtthout waste,aad itee ttom mechnnic's or �
<br /> ' other dens not expreasly subordinated Lo the lien hemof;not to make,suf[er or permit any nutsnnce W exWt,nor W dirNn• I
<br /> � ish or iinpair the velue of the Propecty by gny act or omisston to act;and to comply wlth al!cequirementa of lia wtth
<br /> � rPSpect to the Ptoperty.
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