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<br />88-105169
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<br />
<br />SECOND REAL ESTATE MORTGAGE
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<br />KNOW ALL YE BY THESE I'RESENTS: THAT I or WE, Wilbur R. Roberts snd Ramona J. Roberta, Huaband
<br />and Wife as Joint Tenants
<br />
<br />(See Attached)
<br />
<br />
<br />of Hall CounlY and Slale of Nebraska for value n:<:eived $20.000.00 Twenty thousand
<br />dollars and no /1 OOw***********w#rw*#rit*****w***********Jc*******1f********'It'll ir*****'k**tI***
<br />do hen:by SELL and CONVEY un'o AMERICAN FAMILY FINANCIAL SERVICES, INC., (morlgagee), of CounlY, and S'ale
<br />or Nebraska, the following described premises silualcd in Hall County, and Stale or Nebraska, to..wit:
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<br />This mortgage is junior 10:
<br />
<br />A First MOrtgage with Home Federal Savings and Loan Assoc of Grand Island
<br />rec'd May 9. 1986 in the amount of $18.000.00
<br />
<br />I 'This Inet.~.nt. f'11e4~orreaorc!byReo d
<br />D8.1.8 of' Hebruka _ an aoooDllllod.at.1on onl
<br />It hal!l not. been llllzaa:lnec! as to 11.11 ezeout.
<br />or sa t.o 1te et'teo't:upon t.1 t.le. ,.
<br />
<br />This (is) (UIlI Homeslead Properly.
<br />The intention being to convey hereby an absolute litle in fee simple including all the rights of homestead and dower.
<br />SECURED DEBT: This mortgage secures repayment ofthe secured debt and the performance of the covenants and agreements contained
<br />in this mortgage !lnd in Bny other document incorporated herein. Secured debt, as used in this mortgage, includes Bny amounul owe you
<br />
<br />~~:e:e~~~~~~~a~ee~fd~~~~ ~ini~:~~~:~l:~~~~~::: :;;~~~:~~~~d August 26, 1988 ,with initial annual interest
<br />
<br />rale of 12. Ooro,
<br />The above Obligation is due and payable on ' if not paid earlier.
<br />Furure Advances: All amounts owed under the above agreement are secured even though not all amounts may yet be: advanced. Future
<br />advances under the agreement are contemplated and will be secured and will have priority to the same extent as if made on the date this
<br />mortgage is executed. The total unpaid balance secured by this mortgsse at anyone time shall not exceed a max.imum principal amount of
<br />Twenty Thousand dollars ($ 20,000.00 ) plus interest, plus any disbursements made for the
<br />payment of taxes, special assessments, or insurance on the property, with interest on such disbursements.
<br />o Variable Rale: The interest rate on the obligation secured by this mortgage may vary according to the terms of that obligation.
<br />II WeshBlI pay all taxes, and any interest on, or maturing installments of principal, due on any prior mortgage and assessments levied upon
<br />said real estate and-all other taxes, levies and assessments levied upon this mortgage orthe nole which this mortgage is given 10 secure, before
<br />the same becomes delinquent and keep the buildings of said premises insured. loss, ifany, payable to such first mortgagees orthis mortgagee,
<br />or both, then these presenLS be void, olherwise to be and remain in full force.
<br />IT IS FURTHER AfiREED (I) That iflhe said mortgagor shull fail to pay such taxes and such interest on, or malOTing installments of
<br />principal. due on any prior mongage and procure such insurance, Ihen this mortgagee may pay such taxes and such interest on. or maturity
<br />installments of principal, due on such prior mortgage and procure such insurance: and the sum so advanced with interest shall be paid by said
<br />mortgagor, and this mongage shall stand as security for the same. 121 That a failure 10 pay any of said money. either principal or interest on
<br />this or any other prior mo"gage~ when lhe same becomc:i due or a foilure to comply with any of the foregoing Dgrl:CmCnll.. shall cause the
<br />whole sum of money herein secured to become due and collcctible at once: at the option of the mortgagee.
<br />IT IS FURTHER AGREED Thai said mortgagee. pending foreclosure of this mortgage and after decree and pending stay thereon or
<br />appeallherefrom and pending sale of premises mortgaged, may pay such taxes and maturing interest or maturinginstallmenlSofprincipal, on
<br />prior mortgages, procure such insurance and such sums shall be added to the amount due on decree and upon confirmation of sale by the
<br />court ordered taken out of proceeds of sale: or ifredecmed during stay, appeal orsaJe, such amounts shall be collected the same as though it
<br />were a part of such decree,
<br />IT IS FURTHER AGREED Thai in Iheevenl of default of any of the covenants or conditions of this instrument the rents of the premises
<br />are hereby assigned to 1he Mortgagee as security for the payment of the indebtedness secured by this agreement.
<br />IT IS FURTH ER AG R EEDThatthis Mortgagc Notc shall be due and payable ifthc property subject to Ihis mortgage is conveyed away or
<br />if tiUe thereto shall be vested in any other.
<br />Signed lhis at...... day of n,u", ,!
<br />In presence of-o-
<br />
<br />.19gt
<br />
<br />:( P.(,~,I?,g/~ 'SEALI
<br />Wilbur R. Roberts
<br />X <1 ;') ,: J-
<br />X.., ,.J<;'CC uu'h Ul! f\.., ,.f.;t,J,/,f.li'p'. (SEALI
<br />1tamona. J. RobertJ;
<br />
<br />WITNESS
<br />
<br />WITNESS
<br />
<br />STATE OF ,..N.~,br",s..k".... '" , Counly 01 "J.1i!U"
<br />Before me. a notary public qualified for said counly, personally came Wilbur R. Roberts and Ramona J. Roberts
<br />Husband auu Wif~ as JOint Tenrrnts
<br />
<br />known to me 10 be the identical persall or pe(~um "1111 !oigllcd the h,(('guing ill~h umcnt .wJ ..dmo~\ ledseJ thc execution IIlC.'renf to Iw hh.
<br />her or their voluntary act and deed.
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<br />Witness my baud and notarial seal on ...;/...-...-.....................
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<br />My ~~:..5rI1<, 19 fL..
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<br />".,.'4rL~.~',.~"~ Nolary Public
<br />
<br />County ,..
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<br />Entered on numerical ind("J. and filed for rf'Cflrd
<br />in the Rrgister of Deeds Office of ~Id Count)' the
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<br />STATE OF ....
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<br />day or
<br />.nd rrcordcd in Book
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<br />, 19
<br />
<br />, al
<br />
<br />o 'clock and
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<br />minutes
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<br />M.
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<br />01
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<br />at page
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<br />nr'~ of [)t"eds
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<br />TIllS INSTRUMENT DRAFTED BY,
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<br />FS 026fJ1 (NE) Rt1o' 7;81
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