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<br />P.g. , at :2
<br />
<br />REAL ESTATE MORTGAGE
<br />Open,End To s.curo _rond Futuro Obl/gotlema and Ar/lIanco.
<br />
<br />Oat.: Novembe~ 7
<br />
<br />, BB-
<br />
<br />106045
<br />
<br />1988
<br />
<br />Sally K a Melson-Husen and Sh~vQn L. Husen her husband
<br />
<br />Mortgagora. a. WAIl; COunty. NAhra~ka ,In consldera1lon of
<br />the advance by Morgeoee to Mortgagors of the principal sum specified bulow. the receipt of which Is hereby acknowledged, and any
<br />
<br />luturo. additional or proloctlyO odvanco. madolo Mortg.gors al Mortg.g.... option, hor.by .011, convoy .nd mortg.g.lo FIVE POINTS
<br />
<br />BANK, 2015 North Broadwell Avenue, Grand Island, Nebraska 68802, Mortgagee, Its successors and B8slgr.s, from the date hereof until
<br />
<br />all obligations secured herebv are paid In full, the followlng.descrlbed real estate In Hall County,
<br />
<br />Neb~aska , 10 wit:
<br />.IS.. .Is ..!!II.
<br />
<br />The Easterly One Half (EU of Lot Nine (9) and all Lot Ten (10) in Block Thirty-Two
<br />(32) partly in Charles Wasmer's Addition and partly in Charles Wasmer's Second Addition
<br />to the City of Grand Island, Hall County, Nebraska.
<br />
<br />logothor with .11 Mortgagors rlgh~ litlo .nd Inlaroat In a.ld property, ineludlng all bulldlnga, IIxturoa. cropa .nd Improvomonta now on or
<br />ha...ltarplscad upon 18ld rool property; Including .110 .1I.ppurton.ncaa, walar, I"'g.tlon, and droln.go rights; and.1I ronta, IlIu"; U....
<br />profits, and rights to pOIMula"; all all, gas, 9ravel. rock orother mlne,..ls ofwha1ever nature,lncludlnggeothermal resources: end all personal
<br />property that l1'!ay fnteg~lIy_ ~Iong to or hereafter became an Integral part of said realnt3te whether attached or detached, Including any
<br />appurtenances and accoutrements of any residence eecured hereby, and all Ie..... permits, Ilcenan _or privileges, appurtenant or
<br />nonappurtenant ~a said mortgaged pnlmlHll, now or hereafter lasued, extended or renewed by Mortgagor, the Stat., United States or any
<br />department, bureau or agency thereof.
<br />
<br />11"_ond'-_IIarlgag""'ond~__~"I""'Ia_
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<br />(I) /It. promissory note or notes together with Interest thereon executed by Mortgagors to MortgagH and described 81 follows:
<br />
<br />Data 01_ Prtncl..... Amoon' DoIII 01 No" Prt......... _n'
<br />
<br />November 7. 1988
<br />
<br />$ 72,500.00
<br />
<br />payattllL~rdlng to the to",:\1 of aal~ note(s).
<br />(b) Andtherapaymonlln lull by Mortgllllorsol.ny .ndall luluro .nd addltlonaladv.nc.a which m.y be made by Mortg.goo;allta optlon,.1
<br />thl ...qUHt of, and too'rfortheaccount of Mortgagors, or any o,them, for any purpose. plullntereston BlIsuch advancea. under any note(s)
<br />or other Il1IIrumonl(a) iakon In rsllnonclng, oKl..dlng, ronowlng, ...mortiZlng or roalructurlng auch Indobtodnsss or ony p8rtlhoraol. all
<br />payab,,'accordlng to the term. o' Aid notl(e) orother Inatrument(al; provided. however, tl'lat 1he total prlnclpallndebtedneu outstanding
<br />an.d ,~r8d ,~atany onetlme.han not IX~ thelum o' Spv,:a.ntv-twn +hnl ;1::=11"1'1 five hundred dollars
<br />and no /1 00-------------------------------------- DOLLARS ($ 77 ~on 00 ),
<br />uclul1W'ot-lntlfeet'and of"the protective dllbursementl authorized herein or In the loan agreement(s); provided, further, that THIS
<br />PARAGRAPH SHALL NOT CONSTITUTE A COMMITMENT TO MAKE FURTHER OR ADDITIONAL ADVANCES IN ANY AMOUNT AT
<br />ANY TIME.
<br />(0) The rapaym~t In tOI! by, Mortgagora of III Bmounte .~dvan_ by Martg_SM, at Ita option, to or an behal' a. Mortvagara a. protective
<br />dllburAmlntllutnortDd herein, In the loan Igreemenl(I), or In other Inlltrument(l) whlGh may be given to evidence such advanc.. plus
<br />Interwt on allluch advIncea, payable as provided In the note(I), loan agreement(l) or other InatNment(s).
<br />(d) TIMI paymonUn lull o'ony ond.1I othor pIIt, p....nl or luturo. dlract or conllng.nt, dlbta and lI.bllltlll 01 Mortgagors 10 Mortg.goo 01
<br />. onynaturo.ma-r.
<br />Th1a mortgIQII wID Hdue November 7 1 g99 orupen the payment In full of allium. aecured heraby.
<br />MorIQeIorIMnbYwarrantlft.llMYhoIClt..~mpl.lllI.to'Mattov.dncrtbecl property, th.,thll)' hangood .nd lawtulaulhority 10 martgagelhe aame,lhal..ld
<br />Pf'GII*tW' _tr.aMclMrof aill.....and enc:umbrllncn. e.cept.nc:umb~ of rKDrd.lIlId hi ,tt.y will ...-rant and ~fend uld property 19.1nll.1I cl.imanra
<br />whofftIowIr. YortpgOfllallO MrebyWIIIVlland I1IllnQulMaJl riahtlol dOwef. homat_d. dtlnlbutlftahlf1land exempUan In.nd to the above deKrlbod property.
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