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<br /> gngc Is entored into betwcen A�.XHn W. Tonniaoo and C �athin K. To�i�tiue°, I j;,�;;
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<br /> Hn�t�and nnd Wi.fc ___,_ _ (hr.reln"riiort��or")aid `��
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<br /> Five Po�nts. Bank� a Nebraska Corporation (horefn"Mort��"). ��'`
<br /> MurtQ�gor Is Indebted ta hiartQaQec In Ehc+princtpat aum oI��,.025.50 ,ovidemod by iVtortr��ur d noia ,��
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<br /> dated Novembe� 21. 199A�herein"Notc+")�rov9ding[or pnymcnt�s of pxincipd end Intorest,with the bate�ce of the ti'Rp►
<br /> indebtedness.lt not aooner pAid,duo nnd eaysblo on Deaemher %..1998 : , �
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<br /> 'Ibsecura tl�e paymentof 8ie Note,with intetest as provided theretn.the pay�nent of all othcr sume�with intemat� —
<br /> :.dvanccd Dy 1:lortQagco to protect tAe:ecurlt.y of thls riortgage,end the�►axfotmence ot tho cuvonants and egreemente af �'�
<br /> the Mortgagor contatned her�eln, Mortgagor doea hereby mortgago and convey to Mortgtgee ttzo tolloNlnQ desedbed <`�� ,
<br /> pro�►erty lce�trd in�Nal.l County, Nehreska:
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<br /> A part of Lot Rleven (11) of ehe Couaty Subdivision of part of the South Hal� I
<br /> (S�,) of Sactiun rive (5), Township Nine (9) t�orth, Ltange Nine (9) West ofo the
<br /> � 6th Y.M., in Ha11 County, Nebraeka described ae followa, to wit: Commencing at a � •
<br /> � point 50 £eet soutb of the NortheseC co�:uer of eaid Y,ot 11, running thancc We�t � ,
<br /> 105� feet, thence south 75 feet� thenco east 105� feet, thence north, along the
<br /> east boundary of aa�.d Lot 11, 75 feet to the place of beginning. y;`'.
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<br /> Togethez with all bu[Idings,improvements.Gxtums,str�is.elleys,passageways, easements.righGs,privileges and
<br /> appurtenances located thereon or in anywise pertafning chereto,and the rents.issues nnd profits,reverstons end rematndess
<br /> thereof;including,but uot Iimlted to. heating and cooling equipment and such personal property that[e attached ta 2he
<br /> improvements so es to eonst[tute a Gxtum;all of�vhich,inciuding mplacere�ent5 and additions thereto,ic hereby declared
<br /> to be a part of the real estate secured by the Ifen ot thfs Mortgage and all of the tomgoing being referred to tierein av tho
<br /> •`ProDerty" � ' �
<br /> Mortgsgor further comenants and ugrecs,wfth MortgAgee.os follows: � �'
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<br /> 1.Peyment. To pay the Indebtedness nnd the interest thereon as provided in this Mortgage and Lhe Note. � �
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<br /> 2.Tltle. Mortgagor is the owner of the Property,has the right and suthority to mortgege the Property,and
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<br /> warrants that the Ilen cmated hereby is H flrst and prlor lien on the Property,except as moy otherwise be set forth hereln. . :,�� -�;;�;
<br /> �l The Ptoperty is subJect to a Mortgage wherein Countrywide _
<br /> is the 1Hortgngeo.recorded nt Book ,Pnge o[the Mortgage Records of Hal l CNUnty,
<br /> Nebr�skn�wh(ch Mortgage is n Ilen pdor to the lien created hereby. ' ��^' '
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<br /> U Other prior Ilens orencumbrances: — _ '
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<br /> 8.Texes,Assessments, To pny wlien due all tz�xes,speciui nssessmcnts nnd ull other charges ngafnst the FroperLy
<br /> e�id,upon wrltten demund by Mortgagee.to udd to the payments required under the Note secured hereby,such amount ns .
<br /> may be sufGctent to enable tho Mortgngee to pay sucl�tuxes.assessments or other chacges ns they becone due.
<br /> 4. Insurance. To keep the tmprovements no�v or hereafter located on the real estste described herefn insured .
<br /> eg�0tst dnmage by tire nnd such other hezards ns Mortgagee may requirn,fn amounts and with compnntes acceptnble to the
<br /> ' Murtgagee,and with loss payeble to thc Mortgugee. In cnse of loss under such poficics the Mortgagee is autNorizecl 20 ''
<br /> aQjust,coUect nnd compromise,in its discretlon.all claims thereundex at tts sole optton. authorized to eittter npply the
<br /> proceeds to the restors�tion ot the Property or u�on the indebtedness securcd hereby,but paymenta hereuiider shnll con-
<br /> tinuo �mtfl the sums secured hcreby nrc pafd in fu11. -
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<br /> G. ❑Cscrow ror Taxes nnd Insurance. NotwithstandinQ nnythfn�conu�ined in parogruphs 3 nnd 4 hernof to the
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<br /> contrary,Mortgagor shxll pay to the Mortgagee at the tfine of paying the monthly Instellments ot principal end intemst,
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<br /> ' ' � ate-iweiitn oi�ae yetviy ia�ces�assen5menis.nnzacv insdcun��Fi:miann,6na gcvuiui iciasw p� an��nmcu n�6j aowu a •
<br /> priority otcr thEa Mortgugc,all ns rcasonably esNmated from time to time by the Mortgegee.'I9ie amounts so paid sh�ll be
<br /> hold by thn Mortga�ee without interest and npplted to the payenent of tAe Iterns fn respect to whtch such emounts weee
<br /> deposlSe�l.Tfia sums pald to Mortgugee hcrnunder nre pledged es nddittonal securtty[or the Indebtedness secumd by th[s
<br /> ' 6iortgage.I�iottgagor shnll pay to hiortgn�ee tiie nmount ot euiy deficiency between ti►e actual taxes.essessments, [�surancc
<br /> prnmtums nnd ground rnnts and the deposfts hereunder withh� 10 dnys aftor demnnd Is made upon M1tartgagor eeyuestlrig ,
<br /> ' payment thereo8.
<br /> ' H. Itepsir,llfaintenancc and Use. 'To promp±ly reputr,mstorc or rebs:ltd nny buildtngs or frtiprovemc�ts now or
<br /> hematter on tite Propetty;to lseep the Property In goad condltion and repufr,�vtthout wnste,und frne from mechanlc's or
<br /> other liens not expmssly eubordinnted to the lien hcreof;not to mnke,sutfer or pem�it uny uulsance to exist,nor to dimin•
<br /> Ish or Impair the value ot the k'roperty by any nct or omfsston to nct;and to comply witt►nll requlmmenfs af low with ,
<br /> rcspcet to the Property.
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