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<br />. 8fl:.,.......i) 0 0 340
<br />. MORTGAGE
<br />
<br />~E.RECORDED
<br />88-104819
<br />
<br />'I1t1s Marl.... I. entered Into between
<br />
<br />Aden Enslev
<br />
<br />FIVE POINTS BANK
<br />
<br />(herein "Mortgagor") and
<br />(hereIn "Mortglree").
<br />
<br />Mortpaor is tndebted to Mortgagee in the principal sum or $ 4=iO, non nn I evidenced by Mortgagor's note
<br />
<br />daled 1/20/04 (herein "Note") providing for paymento of principal and inle"",t, with the balance of the
<br />
<br />Indeblednoss,lf nol oooner paid, due and payable on 1/20/1994
<br />
<br />~~~tr9/.tbe Note. with interest as provided therein, the payment of all other sums, Witt!. interest,
<br />ad,"'8iiil bY-M~it!!\.ea the security or this Mortgage, and the performance or the covenants and agreements of'
<br />the r.9rl4N91t ~~ll.,loIortg..or does hereby mortgage and convey to Mortgagee the followlng de.crlbed
<br />
<br />property located in U",ll County, Nebraska:
<br />
<br />A tract of land situated in the W, of the swi of Section 4, Township 11
<br />North, Range 9Westof the 6 P.M. described as beginning at a point 40 feet east
<br />and 150.8 feet south of the Northwest corner of said swi; thence running
<br />southerly along a line 40 feet of and parallel to the west line of said swl;
<br />a distance of 76 feet thence running easterly and parallel to the north line
<br />of Rains Subdivision a distance of 289 feet: thence running northerly and
<br />parallel to the west line of said SW~ a distance of 76 feet; thence running
<br />westerly and parallel to the north line of Rains Subdivision a distance of
<br />289 feet to the point of beginning.
<br />
<br />Together with all buildings. Improvements, fixtures, slreels. alleys, passageways, easements. rights. privileges and
<br />appurtenances located thereon or in anywise pertaining lhrreto, and lhl' rents iss,ues and profits, reversloIll and remainders
<br />Utereof; lnduding. bul not limited to, healinl and cooling equlpml'nl and !;uch ~I'lional property that Is attached to the
<br />improtelDellt& 10 IS to consULule a fixture; all of wbich, Including replacements and .ddiliol1& thereto, is bereby declared
<br />to be a put of the real estate secured by the lien of this Morte:age and all of the foregoing being rerened to beiein a the
<br />uProperty".
<br />
<br />Mortgqor further convenana and~, with Mongaget', 8.'i [allows:
<br />
<br />L PaymeoL To pay the indebtedness and the inleresl thereon as provided in this Mortgage- and the Note.
<br />
<br />2. Title. Mortpgor is the owner of the Property, ha.'i Lhp righl and authority Lo mortgage the Property. and
<br />warrants that &be lien creaLed hereby is a first and prior Uen on tht' Property. except B5 may olherwilie be set forth berein.
<br />
<br />Iia The Property is subject to a Mortgage wherein J..Inmo:=> P""n""r::ll r:::::lV; ng!':: ^' T n~n -
<br />
<br />is the Mortp&ee. IK'Orded at Book _ ~Jligf.~~~_~~~5~r4JIP Mort~agl' Records of HA 11
<br />Neblab, which Mortgqe is a lien prior Lo the lien cft'aLt>d hl'R'by,
<br />
<br />F;,,~ Pn;nts Bank
<br />
<br />Coun~y ,
<br />
<br />o Other prior liens. or encumbrances:___,_~___
<br />
<br />3. Taus. Alleslmenb. To pay wben dul' all Laxes. special assessmt'nts and all othl'r char&ps apiRlit the Property
<br />lIDd. upon written demand by Mortpgee. to add to the payments required under the Note secured hereby. lIuch amount as
<br />may be IUfficieDt to enable the Mortgagee to pay such Wtl!!\, usessments or oLhl'r charges as they become due.
<br />
<br />.. 1DIunDee. To keep the improvements,cow or hereafter located on the real esLate described herein insured
<br />.apinIt damqe by fire and such other bazard.s 8S Mortgagee may require. in amounts and with companll'li IccepLabie La the
<br />Mortppe, ..m with 10$5 payable to the Jdortpgee. In case of 106 under such policies the Mortpaee is authorized to
<br />adjust, collect. and eompromile, ia its discretion. all claimi thereunder It its solr option, luthorlzedtoeilhnlpply Lhe
<br />...-da Io.!be reslOJalloo of !be Property or upon the Indebledn... ..cured hereby, but paymcnlli bereundersblll1 con.
<br />linqe anllI!be.......secured bereby ale pald in full.
<br />
<br />S. 0 __ rm Tun IIld llllunnc:e. Notwith.landlng anything contalned in panl'OPh. 3 and 4 he.....f 10 the
<br />.....II1I\I, Mor\plor sbJdl pay 10 the Mortpgee at the time of paying the monthly inotallmenlli of principal and Inlerest,
<br />ooe-twelllbol' !be yeuly lues, _nbi, buard illiUftl1ce premlulDI, aDd ground rents (If any) which may aUaln a
<br />pIIodly ...... tIllI MortPJe, all .. rnooDabIy ..UmotH from time to time by the MDrtp.... 'I1t. amounlli so paid .haI1 be
<br />heW by UM MortItIM without interest IIIld applied to the- payment of the items in Iftped to whirh such amountl were
<br />dopoailed. ']be...... .-ld 10 Mortp... bemloder are pJ.dl"d as additional IOCUrily for \he IndebtHn... IOCUred by \hili
<br />Mar\iIIt.1IoI1paor1bal1 pi)' to MortCIIft the amount o[ any deneiency between the aclual Lues, U6eSIII\en.... IDluranee
<br />pmalUDIIllDd pound ftDb and theo depoUb heftUllftr within 10 days .rter demand Iii DUlcie upon MortptOr requesting
<br />JlOYIMIlI _f.
<br />
<br />I. RIpeir.......1.eIIIaCII' aDd U.., To prompLl~' repalrl I'l'Slo", or rebuild Iny buildinC! or Impronml"nts now or
<br />bn'f'ahn oa ,.. Property. to kftp (be Proprny in aooct rondltion and ~r. without w_t~. and fno", rrom mt!'chanic', or
<br />oUwr Unu not npn.l)' subordinat.ftd to Lhr li~n br~of; noL to mlk.r, lulrer or pt'rmiL any nuisal1Ct.' to l'XLd. nor 10 dlmln.
<br />iIh or Im,.r &.h. I'llIII' or \hI' Prup.rty by an)' ut or omlulon to act; And (0 comply with IUll'quiR'menla ur law with
<br />~ to the I'ropony.
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