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<br /> ' , ���` � _.' PIRST REAL ESTA�S IKORT(3AGE �-_�.�' -�� -
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<br /> •_ • ' � Brad Morse, a single person. MORTGAGOR, in consideratian of �°''" --'
<br /> ��`� - ---
<br /> „ � _ FIFTEEN THOUSAND DOLLARS ($15,000.00) received from Masine � _ -`"`" ---
<br /> ' r. � •� . � Nunnenka�p. tKORTGAGEE, mortgages to MORTGAGEE the folloz,�g -- �
<br /> * � ' � described real estate as defined in &ection 76-202 of the . �_-'--' -
<br /> � . Revised Statues of Nebrasicar 1943 situated fn Hall Cou�aty, ' �= _
<br /> �� • Nebraska: �-
<br /> ..�. _----
<br /> :•;:�'•.:' • _ ' 4 Lot Four (4), in ."Rouah Pleasantville Terrace.
<br /> � � � Subdivisian , 'af p�rt of Mat�hew�s Subdivieion -
<br /> : � - � of Part of the Northwest Quarter (NW 1/4) o� � . .' �
<br /> � .____:',... ...'_-.-- . . . .. . . . . . --�-� - - ---.. ...__.. .--�--------�
<br /> �e c�i oi► �R'FaeA�y=�even��(27), ilr Town�sYii.p�El�even� ���
<br /> :� ,�:a � ; . . -_
<br /> , . (11) North, Range Nine (9), West of the 6th _
<br /> � � P. M. in Hall County, Nebraska. as surveyed, _
<br /> � . platted and recorded. -
<br /> ... ,.
<br /> . .. ,
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<br /> , •.� . . _. . .. .. �
<br /> � � This mortgage is given to secure the payAtent of FIFTEEN � °_=
<br /> ' • . � � THOUSAND DOLLARS ($15,000.00), and intereat from December 30, 1994, -
<br /> � � � -- pwcsuant to the terms of a Promissory Note dated December 30, ,1994, � '
<br /> . •- . � -- - -,-- -- given by MORTGAGOR TO MORTGAGEE. The principal an� interest is __-
<br /> ' � �� payable in monthly instalLaents of THREE-HUNDRED SZXTEF�T AL�7D 25/100 ��;�
<br /> . ' � ' DOI,LAAS ($316.25) commencing February 1, 1995, and oa the first day --
<br /> ' � of each month thereaf�er for FIFTY-THREE (53) consecutive months, , =-
<br /> � . � wi.th the principal aad iaterest allocated as shown in �he � -_ - -
<br /> '�. � : ; � Amortization Sahedule attached to the Promi.ssory Note. ��
<br /> .. `���---
<br /> • � . � � � MORTGAGOR agrees to pay all real estate taxes aad special ' ��•-
<br /> � " - assessments Zeviec] and assessed upon the real estate and to pay a21 "'� .
<br /> � other taxes, ievies and assess�n�s levied upon this Mortgage and ���`
<br /> �� � ��� � the Promissory Note which this Mortgage fs qiven to secure before �� —
<br />- , •:�'. � � pay�ent is delinquent. If MOItTGAGOR fails to pay the real eata�e �=`���
<br /> � � �. taxes or special assessments be fore de l inquen t, M O R T G A G E E m a y p a y �--
<br /> � t�. the real estate tages and speeial assessmenta, or pay any other ;�.°��:
<br /> � . liens MORTGAGOR permits to UQ made against the real estate, and �"--�
<br />_.-, ,; :�,j��;:�.. MORTGAGEE is given a Lien secured by this Mortgage for the amounts � --
<br /> = �. _. : °�.:'�r`•::::� advanced together wi�h interest at the highest legal rate 4 ; _ -
<br /> ... ��-
<br /> .�„�+,��
<br /> .� ..};-: � � " MORTGAC:4I� agrees to insure and keep insure+d the improvementa on ��.��,��.a.,:.d:_.,.J
<br /> : ., :. , . , the real est�.te fo� protect�.on againat f�re and othex caeualties in �'s•.� , �;�.-�
<br /> +°':� . � the sum of at least the unpaid balance of principal. of the � -� �
<br /> �; � • ProAei.ssory Note and to carry the insurance with a responsible ,�;;,��: ,�`
<br />'i � t: . ,. � : insurance company d�nly licensed to dt� busineas in the State of - :. " � •._ _
<br /> • :: � . • � Nebraska. The insurance polfcy is tio be endorsed with a iaartgage . . ,�
<br /> � clause witb loss payable to MORTGAGOR and MORTGAGEE, as their . ' . -
<br /> ` �� � � � intereats appear. Insurance proceeds received may 1oe used to pay . � ` � T
<br /> � � - .
<br /> ..�:•- � for �econstruction of the destroyed im�rovements or, if not applied .
<br /> i:�,� `� �- � ' f or thia purpose, may, at the optio� of the MORTGAGLE, be appl ied � �.
<br /> . - � in payment of all or part of the unpaid fndebtedneas secured by .
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