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<br />N MORTGAGE ,200302722
<br />This Mortgage is entered into between. v M Dennan and Veronica J. Soto.
<br />Single Persons (herein "Mortgagor)and
<br />Five Points Bank (berein'Mortgagee').
<br />Mortgagor is indebted to Mortgagee in the principal sum of 113. BB2. 5 1 evidenced by Mortgagor's now
<br />dated April 5, 2002 (herein "Note') providing for payments of principal and interest, with the balance of the
<br />indebtedness, if not sooner paid, due and payable on i ,n o 10 9010
<br />To secure the payment of the Note, with interest as provided therein, the payment of all other sums, with inter,
<br />eat, advanced by Mortgagee to protect the security of this Mortgage. and the performance of the covenants and agree
<br />manta of the Mortgagor contained herein. Mortgagor does hereby mortgage and convey to Mortgagee the following
<br />described
<br />property located in Hall County, Nebraska.
<br />The West One -Half (Wl /2) of Lot Ten (10) and all of Lot Nine (9) in Block B,
<br />First Addition to Wood River, Hall County, Nebraska.
<br />Together with all buildings, improvements Estates, streets, alleys, passageways, easements, rights, privileges
<br />and appurtenances located thereon or in anywise pertaining thereto, and the rents, issues and profits, reversions and
<br />remainders thereof; including, but not limited to, heating and cooling equipment and such personal property that is
<br />attached to the improvements so as to constitute a fixture; all of which, including replacements and additions thereto, is
<br />hereby declared to be a part of the real estate secured by the lien of this Mortgage and all of the foregoing being referred
<br />to herein as the "Property".
<br />Mortgagor further covenants and agrees, with Mortgagee, as follows:
<br />1. Payment. To pay the indebtedness and the interest thereon as provided in this Mortgage and the Note.
<br />3. Title. Mortgagor is the owner of the Property, bas the right and authority to mortgage the Property. and war
<br />rents that the lien created herby is a first and prior Hen on the property, except as may otherwise be set forth herein.
<br />❑ The Property is subject to a
<br />the Mortgagee, recorded at Book . Page of the Mortgage Records
<br />County, Nebraska, which Mortgage is a hen prior to the Hen created hereby.
<br />❑ Other prior liens
<br />3 Taans, Assessments. To pay when due all taxes, special assessments and all other charges against the
<br />Property and, upon written demand by Mortgagee, to add to the payments required under the Note secured hereby, such
<br />amount as may be sufficient to enable the Mortgagee to pay such taxes, assessments or other charges as they become
<br />due.
<br />4. Insurance. To keep the improvements now or hereafter located on the real estate described herein insured
<br />against damage by fire and such other hazards as Mortgagee may require, in amounts and with companies acceptable to
<br />the Mortgagee, and with lose payable to the Mortgagee. In case of Wee under such policies the Mortgagee is authorized
<br />to adjust. collect and compromise, in its discretion, all claims thereunder at its sole option, authorized to either apply the
<br />proceeds to the restoretion of the Properly or upon the indebtedness secured hereby, but payments hereunder shall con-
<br />tinue until the sums secured hereby are are paid in full.
<br />5. ❑ Escrow For Taxss and Insurance. Notwithstanding anything oontained in paragraphs 3 and 4 hereof to
<br />the contrary, Mortgagor shall pay to the Mortgagee at the time of paying the monthly installments of principal and inter,
<br />est, onetcveltth of the yearly taxes, assessments, hazard insurance premiums, and ground rents (if any) which may attain
<br />a priority over this Mortgage, all ae reasonably estimated from time to time by the Mortgagee. The amounts so paid shall
<br />be held by the Mortgagee without interest and applied to the payment of the items in respect to which such amounts
<br />were deposited. The sums paid to Mortgagee hereunder are pledged as additional security for the indebtedness secured
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