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<br /> MORTdAOE N
<br /> This Mortgage is eqte=ed into between Ruben Aamos Qasaez and �.
<br /> Nancy Lea Damez, a married coupl�, therefn "Mortgaqor") and �
<br /> the City of arand Islan�, a Municipal Corporatioa therein 4�
<br /> (Moxtqaqee"). ° --
<br /> Mortgagor is indebi�ad L� M�Ytga�ee 3r� the princlpa2 suia of �
<br /> $25,000., evid�nced by Mortgago='s note dated June 13, 1995,
<br /> (herein "No�e") pr�vidir�g foz payments of principal an�
<br /> interest, with the balance of the indeb�edness, if not soonez
<br /> paid, �ue and payable on 8eptember 1, 2010.
<br /> To secure the payment of the Note, with interest as provi8ed
<br /> thsrein, the payment of all o�her suma, wtth interest,
<br /> advanced by Mortqagee to protect the secusity of this -
<br /> i�artgas�s, �a@ tl�s ps=fczat3nc� Qf ths C�YL3l3al�L� Ar�a agzeements =
<br /> of the Mortgagor contain�cl .herein, Mortgagor doss hereby
<br /> •. � moztgage a�d convey to Mor�gaqee the following described _
<br /> propexty l�cated in Hail County, Nebraska:
<br /> Lot Six t6), Hlock 3eventy-Six �76), Oriqtnal
<br /> Town 'Addition ta tbe City of t3rand Isiax�d, Hall � �
<br /> County, Nebzaska a.k.a. 310 East lst Street
<br /> magether with al1 buildings, im�rovements, ffxtures, streets,
<br /> alleys, passageways, easements, riqhts, �rivileges and
<br /> appurtenanaes located theXeon or in anyvise pettaining
<br /> thereto, and the rents, i�sues and profits, reversions aq�
<br /> remafnders thereuf j i.ncluding, but not limited to, heatietq -
<br /> and cooling equipment and such pessonal pzop�rty thgt fs
<br /> attached to the impxovemet�ts so aa to constitute ,a fixture;
<br /> ' all of which, including re�lacements and additlong thezeta,
<br /> is hereby declaze8 to be a part of the real estate secured by
<br /> the lier► of this Mortgage and all of the foxegoing being
<br /> re�erred to herei�n as the "Pro�erty." �
<br /> Mortgagor further covenanta and aqrees, �ith Mortgagee, as
<br /> follaws:
<br /> 1. Payment. To pay the indebtedness and the in�erest
<br /> therean as provided fn this Mortgage and the Note. ,
<br /> 2. Title. Mortgagor i.s the o�rner of �he Property, has the
<br /> right and author3ty to mortgage the Pzoperty, and vatrants
<br /> that the lien crested hereby is a fizst and pr3or iien on the
<br />- property, except as Atay othezwise be set forth hesein.
<br />= Other prior liens and encumbrances: None
<br />- 3. Taxes, Asseasments. To gay when due all taxes, special
<br />� �L� �.9 �7 '1 ...4L� ..L.� ni we♦ �hn b��no��v
<br />� q.��covmca��.o ottvs Va.� vNSSGi �r�soi.yov v�7����r�. �.���. ���p��'l .
<br /> 4. Insurance. To keep the improvements no�r or hereafter -
<br /> located on the real estate described herein insure8 against
<br />- damage by fire and such other h�zarc3s as Mortqaqee may
<br /> require, in aanounts an� vith companies acceptable to the
<br />
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