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<br />88-104946
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<br />MORTGAGE
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<br />Thll Mortpp lsentered into between Vnnnnt-h t:.' "':llY,," ~n~ Phl1l1'c>
<br />Husband and.Wife
<br />FIVE. POINTS BliNK
<br />
<br />"1::1......
<br />
<br />(herein UMorlgllor") and
<br />(herein "Morlpgee ").
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<br />Mortpgor I. Indebled to Mortgagee In the principal .um of $ 4. SOD 00
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<br />f evidenced by Mortgagor's note
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<br />.~. . q /.7/RR (herein "Nole") providing ror payments or principal and Inlerest. with the balance or the
<br />..t': .
<br />.,iet!itlidn....lhot sooner p~ld, due and payable on 9/4/93
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<br />. Tosecure th~_paymentor the Nore, with Interest as provided therein, the payment of all other sums, with Interest,
<br />advanced by MortpiI"" to protect Ihe security or this Mortpga. and the padormance or Ihe covenants and agreements or
<br />the Morlpp contained herein, Mortgagor doe. hereby mortgage and convey to Mortgagee Ihe rollowing described
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<br />property localed In H~ 11 Counly, Nebruka:
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<br />North 45 feet (451) of Lot Eight (8), Block Seven (7), Kernahan and
<br />Decker Addition, Hall County, NE
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<br />Together with 1111 buildings, improvements, fixtures, atre~ls, alleys, passageways, easements, rights, pri1rileges and
<br />appurtenances located thereon or in anywise pertaining thereto, and the rents. issues and profitB. fenrslons and remalnden
<br />thereof; lncludinl, but not limited to, heaUng and cooling equipment and such personal property thalls attached to the
<br />Improvement& 10 IS to conaUtute a fixtul'ej all of which. includlnl replacements and addlUoDJ thereto. Is hereby declared
<br />to be a part of the real estale secured by the lien of this Mortgage and all of the foregoing being referred to herein as the
<br />uProperty" .
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<br />MortPlor turther oonvenanCa and agrees, with Mort.paee, u rollowl:
<br />1. PaymenL To pay the indebledn... and the Interesl lbereon as provided In this Mortgage and the Nole.
<br />2. Title. Mortlagor II the owner of the Property. has the right. and 2.uthority to morteage the Property t and
<br />warrants that the lien Cftawd hereby is a fimt and prior lien on the Property I except II may otherwise be set forth herein.
<br />o The Property Is .ubject to a Morlpge wherein
<br />II the Mortgagee, recorded at Book _, Pile _ or the Mortgage Record& or
<br />Nebraska, which Mortgaga Is alien prior to the nen created hereby.
<br />
<br />County.
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<br />o Other prior liens or encumbrances:
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<br />3. 'l'alU!s, AIIBnomeDta. To pay wben due all taxes, .peclal ......ments and all other charges against Ihe Properly
<br />l:n~i',Upbq written demand by Mortgqee. to add to the paymenLs required under the Not.e seeured hereby. luch amount as
<br />may be sUfficient to enable the Mortgagee to pay such tuell, as&e5&ments or other charges as they become dUe.
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<br />.&. IDsuraDce. To keep the Improvements now or hereafter located on the real estate described herein insured
<br />qalDJt damqe by Ill'll and IUch other huarda u Mortpgee mlY require, In amounts and with companies acceptable to the
<br />NorlpJee, """ w!\h .llJl!I pay~\e I:!>. the Mortgagee. In .... or Iou under .uch policies the Mortgagee I. authorized to
<br />od]1!at,coIlact ...d campl'l!Qllie,ln IbI.dlscreUon, all cIaIwlbereunder at Ita sole.opllon, authorlzedtoeltherappiythe
<br />pzqcnda to \he realoraUon .orlbt Property or upon the led.blede... ..cured hereby, but paymenta hereunder &hall con.
<br />tlnue unW theaum..eeured bereby are pald in full.
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<br />5.0.S-OW Fo< Tun and Insunnce. Nolwlthstandlnganythlng contained In paragnpb& 3 and 4 hereor to Ihe
<br />. eoq~,-Jl.or sbaIJ pay to tho Morl(llee al tho Um. or paylnglbe monthly Installments or principal and Inleml,
<br />iili..",twolll!> or. the y~y taseo,_nb, hazard lnsuronce prerntulIU, arod ground rents (If any) which may attain a
<br />~...... tllli ...~,aIl..reasonabIY ..Umaled from Ume toUme by the Morlpgee. The amounts so pald.hall be
<br />!WI! by IIul ~. w!tll,Dut Intaml and aPJllled to \he paymenl 01 the ltams In lOIpeCt to which .uch amounts were
<br />de\lOlltad.TIaa ..... pald toMortppo honunder are p1adged u addltlooal security lor the Indebtedn... ..cured by Ihls
<br />~.14ortcaFrtb.U.pay &0 Mortp&N the amount of any deficiency between the actual taxes. Ult'ssmenu. Insunnce
<br />...~i&Jm; and Pound Rnll .ad the cS.p05ltl hemuodu wUhin 10 daYI after demand Is made upon MortPiIlor requeaUnl
<br />. ~....t u.ereot.
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<br />6.. 1I.epak. MalDlenaDce and UIe. To prompUy repair I ftstorr or rebuild any buUdlnp or improTCmenta now or
<br />M1a.Rer on &he ~pI!rty; to keep the Property In.cod condiUon aDd repair, without wute, aDd I'r'ce from ml"chanic', or
<br />a4IIerUIDI DOC expnaly w.bordlnaWd to the Hen henoot; not to make, lufrrr or permit .ny nuiaance to E'xlat, nor to dimln-
<br />lib or llDpllr the yal~ ot the Property by any let ur omlllton to let; and to comply with all requtrelnl'nts or law with
<br />napoet to tbe Property.
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