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<br />MORTGAGE
<br />
<br />88-104917
<br />
<br />'IbIsMo"-l. enlered Into between Robert R. Fickes and Lvnda L. Fickes. husband
<br />and wife, each in his own riqht and as spouse of the ~J;,tl.rnt;'MortIllKor") Ind
<br />Five Points Bank
<br />
<br />(herein "Mortgagee").
<br />
<br />Mor\pIor I. lndebled to MortpKee In t"e principal .um 01 $ 8. 000 . 00
<br />8-31-88
<br />
<br />. evidenced by Mortglgor'. note
<br />
<br />dated
<br />
<br />(IIerein "Nole") pro.ldlng lor payments 01 principal and Inlere.t, with the balance or the
<br />9-1-93
<br />
<br />Indebtedlu~SI, if not aooner p.ld, due and payable on
<br />
<br />Tosecare. ~e pay~ent of ~e Note, wiUt inlerest as provided therein, the payment of all otber sums. with interest,
<br />Idnnced by Mort&alOe'to protect the security or thl. Mortgage, and the performance 01 the covenants and ogreements 01
<br />the Mortgagor conlllned h~rein, MortgaKor doe. "ereby mortpge and convey to Mortgagee the 101l0wlnK de.cribed
<br />
<br />property localA!d In Hall County, Nebraska:
<br />
<br />Lot Ten (10). in Block Two (2), in Dickey Third
<br />Subdivision. a Resubdivision of all of Blocks
<br />
<br />Two (2) and Three (3) Dickey Subdivision and all
<br />of Blocks One (1) and Two (2) Dickey Second
<br />
<br />Subdivision, of the City of Grand Island. Nebraska.
<br />
<br />Together with all buildings, improvements, rlxtures, streets, alleys. passageways, easements, nghts, privileges and
<br />appurtenances located thereon or In anywise pertainlnllhereto, and the rents. issues and profits, reversions and rem,lDdem
<br />thereol; Including, but notllmiled to, helllnK and cooling equipment and .uob personal property that Is It\aobed to the
<br />improvements so as to constitute B fixturej aU or which, including replacements and additions thereto, ls hereby declared
<br />to be a part 01 the ..al esta~ secu..d by tile lien of t"is Mortgage and all 01 the 10regolnK being relerred to herein IS the
<br />"Property" .
<br />
<br />Mort.ealOr further CODvenants and spees, with Mortgagee, u follows:
<br />
<br />1. Payment To pay the lodebtadneu and thelntare.' thereon.. provided In this Mortgqe and the Nole.
<br />
<br />2. TiUe. Mortgagor is the owner of the Property. has tbe right md authority to mortgage the Property, and
<br />warrants that the Hen created hereby ls. fint and prior lien on the Property. except as may otherwise be set forth henin.
<br />
<br />IIlI 'Ibe Property I. subject to a Mortgage wbereln
<br />
<br />Is the Mortgagee, recorded "' Book _, Page _ 01 the Mortpge Records 01
<br />Nebraska, ."Iob Mortgage Is a lien prior to tbe lien Cle&ted be..by.
<br />
<br />Hall
<br />
<br />County,
<br />
<br />o Other prior liens or encumbnnces:
<br />
<br />L
<br />
<br />3. Taus, _... To pay when due all lIxes. special ......ments and all other cbarges aplnotthe Property
<br />IDd, upon writteD demand by Mortpgeel to add to the pay~ents required under the Note sec1ued hereby, such amount as
<br />may be ~fficlent to enable the Mortpgee to pay such taxe~f, as&eSSmenb or other charges as they become due.
<br />
<br />4. 1nsaraDce. To keep the Improwements now or hereafter located on the real elute described herein lnsured
<br />apinst damace by fire and sueh other hazards .. Mortgag'!e may ~uire. In amounts and with companies acceptable to the
<br />Morlpp, and with 1011 payabla to the MortPlCC, In .... 011011 under sucb policies the Mortpgee Is lu\llorized to
<br />Idjuot. ooUecl and comprom\oe, in 1\1 cIIscIC\lon, all dalmo thoreunder at Ita sole opllon, autborized 'A ellberopply tbe
<br />, proceeds to tho D!8\onlion o! tho Property or upon the indebledne.. secured "ere by, but plymenta hereunder sI1al1 con-
<br />unue UDIl1Ibe...m.1O<UICd Iieieby .... plId in !uII.
<br />
<br />I, 0 l!actoW For Taos and InsonDce, Notwith.tandlng anytl1ing contained In paragraphs 3 and 4 hereol to the
<br />conbuy, Mortja&Or.nan JIll' to the Mortgagee at the time 01 paying the moothly Installments of principal and Interest,
<br />....:t....lfth oi'JIie yeady iaXeo, ..ieumenll, hazard lnounn.. p..mIulDl,.and ground renlll (llany) ,,"Iob may Itllln I
<br />pdodty cirerlllla ;~. .II . reaonabIy ..Ulbattd !Yom lime to time by the Mortgagee, 'Ibe arnounto 10 paid ohail be
<br />hoId,by tho~ wlthout.lnlelel1and Ipplled to the payment 01 the itemo In respeotto "blc" .uch arnountl "e..
<br />dtpooI,led. ",._ paid to Mor\pIee bereunder .... pledlled . 1dd1t10nalIOCUrity lor the Indebtedn... oecu..d by this
<br />~ YortPIor.Jba11 pay to MortpIH th~ amount or any deondency between lh. actull laxes, UleSimenu, tnaurance
<br />pIRIIlUIDI and POUH NDb and the dlpoIilt.1 henundrr withIn 10 daY1ll'ter demand I. made upon MortPCOI reqursUna
<br />-~'\benoL
<br />
<br />.. JlepU, ~ aDd U.. To prompUy repair, mlon or rebuild M)' buildlnp or ImprovempnLl now or
<br />bolu!Iu... the Proputy; to bop tho Property in iood condJlIO/\ and I'fpalr, ..ltboUl wale, and !roo !rom mpchanlo'l or
<br />atM,'" DOt .~)' .u.bord1a.a~ to the' Utn btreor: not to nulb.Jurl.r or ppnnlL any nutsanCP to e1dsL, nor to dlmln-
<br />bb or Impair the TIlue or tIMt J\ooperty by IIIIY ad Of omla1on to ad; and to comply with all ft'quirt!mt'ntJ of law with
<br />...pect to the ~rty.
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