|
<br />88- 106822
<br />
<br />P.g.20f2
<br />
<br />Mortgaoor(l) and.actt Dr them ful"tMr con,..nl .nd qrH wllh Mortgagu .. 'oUowa:
<br />
<br />(1' To pay .1111"". ludgmen~ or oth., ......menl. .gllln.1 Hid pr.mi..., IInd to pIIy whl" du. III taxu. ,.nll, '"' or ch.rg.. upon pld prlml... or undl' tny
<br />IHH, ~rmll. Ilc.n.. or prlVlltg. _Igned to MongegM II .dellllont' ACurlty 10 thlt mort,,_;., Including thON on PUbllo dam.ln.
<br />
<br />(2) To In,urw,nd kH"llnlurtd building. and other Improv.mlnt.naw on or hlml.., pl.C*t on uldp,.ml.,IIIOlh...U.'.cllon ot Mong."... Such In.ur.nee
<br />,hili "- .pprowMJ by Ind d.po.llld wllh Mortg.g.., and .nde,..d wllh. mortg.g. cl.u.. with 10.. th.rwund.r p.y.bl.ID Mortg'G'" Any .um.1IO recelYMt by
<br />Mortgag.. m.y M uHello PlY lor tKonllrudlon ofth. dlltroyod ImprcMlm.nt. or II nOl.D.pplllld m.)/. .1 the opllon 01 the Mong.g.., ~ applied In PlVmMl' of
<br />.ny Ind.btlCln... malured or unmatured HCU~ by thl. mortgag..
<br />
<br />131 Tok..plll building., fllltu.... .nd olh.rlmpro~m.nl. now on or h.....ft.rpl.c..:i on uld preml...occupled and In good ,..palr, m.lntlnln~lnd condition
<br />and to n.Uhlr commit nor permit any ael. 01 wa." or Iny Impalrmlnt of thl valul at thl MCurlty.
<br />
<br />e'-I In thl evlnl Martglgorl f.n to pi)' Iny Illn..judgmlnll. ......m.nta. till", ranll. ten or Chlr;ltI or maintain In)' In.urance on the pro~rty. bUlklln".,
<br />flxlUrll or Implt'YIIm.nllll provldMi he...ln or In 1M 1000n ."reemlnt, Mort gag.. ml)', It III option. mtkllllch paym.nts or provide lnaul1InCl, malntenlnat or
<br />flIpllrllnd .ny amounta paid thsralorlhlU become part 01 the prlnclplllndlbl..:in..a ..cunKI hlraby, be ImmedIately due and paYlblalnd baarlntl,..t tromtht
<br />dlleat paymlnlll provldMiln ~hllo.n agl'Hmtnt. Provided. ho-.var.lh.tthe Idvancemenl by MOrtglgM oflny .uch amount. Ih.llln no mannlrllmll thlrlghtof
<br />MongagNIlo dlel.... ,",ortg.gorl in d.fault or IlCIrellll Iny of Mortg.gen alh.r r1ghta Ind ...medlllS.
<br />
<br />15} In thlevenl MortglgMl1 aplrtyloanylltlgltlon .ffectlng IhelllCurltyorthellen olthllmortglgl.lncludlnganYlultby Martglg..toforKlOIIthllmor1glga
<br />oranYlult InwhlchMortglg..la namedadefendlnl (Including condemnaUon .nd b.nkruptcyproc:Mdlng'l Mortglg.. mlylncurlDC~...'nd Idvance~nll
<br />for ab.lract I.... ,noml)'l lee. (axcept to the extent prohibited by law). COla., expan..., .ppralull... Ind olher ch'ra" and any amounlllO .1t...nClld Ihlll
<br />Mc:o,", part 01 the prlnelpellndlbtedn... secured h~reby. be Immedllltly due Ind Ply.blt Ind bear Interat I' provided In thllcan Igrwmant
<br />
<br />(6) Any IW.rd, mlde to Mortgagors or thllr eucClllora by the eXlrel.. of Imlnant dameln 11'11 he,.by Ullgned 10 MortOil,,": and Mortgagw '- heNby
<br />.uthorlzed to collect Ind apply thl umeln payment of .ny Ind.btedn..... matured or unmelured. secured by Ihl. mortgag..
<br />
<br />(7) In the.vent Mortgagorldefault In theplyment wh.n due 01 any.ume.ecured hereby (princlplIl.lntere'l.advancllmanll. orprotecth'ldl.buraemenlll, or fall
<br />10 pertorm or obMrve any coWlnanl. end conditions contaln.d h.reln, In Ih. notell) or In the loen ag....mentl.). or any pl'OClldlng II brought by or agllnl1
<br />Mortglgore under any Bankruptcy iaws. Mortglgee mey.elll. option, declllre theentll'lllndebllldneu ncul1ld hereby to belmmlldl.telydue .ndpilyablland beIIr
<br />Inlerelllll the default rate u provided In the nolele) or lOIn IIgrltllme!"lllll and Mong.gee mey Immedlalely toreclOM thia mortglg. ar pursuesn)' other "llIlble
<br />legal remedy Including loreclosure by advertilement with I powar of ulll In Mortgagllll to Ihe elltllnl provided by lute law, ProYlded. however. that delay by
<br />Mortgegllllln .xerclllng its right. upon dellult .hall not be construed es a waiver thereat .nd thllsny.ct of MortgagNwllvlng any apaclfledelault .hall not be
<br />construed liS II waiver olany future dell loll!. If the proceedl under luch aalll Ind foreclo.ure Ire Inlutllclent 10 ply the total indebtedn... hereby MCUred. MortgagOrl
<br />do hereby agree 10 be ptll'lonaUy bound to pay the unpaid bllance, end Mortgllglflehall be enlllllld to e deficiency ludgment
<br />
<br />(8J Upon del.ult. Mortgagee ,hallal once becomlenlltleclto exclu.ive pOUUllon, un and enjoyment at III property and 10all renta.luua. crops and prollts
<br />thereol, Irom the tlmeot.uch d.laullend durIng the pendency 01 loraclosura proceedlngland the period of redempllon. the deUWlry 01 which ma)' beenforced by
<br />Mongegllllby eny appropriate au It. actIOn or proceeding. MortgegllllehllU beentllledto. Rlceiverlorlald property and all reml, tuun. crops and profltsthal'llOl.
<br />wilhout regard 10 the vel ue of said property. or Ihe flufficlency thereof 10 dl.charge1he mortgage debt end theloreclosure coati;. lees and .xpen.... Such RecelYllr
<br />may baeppolnted by any court 01 competentjurladlcUon upon ex perteappllcatlon, nollce being hllrllbyexpreuly w.ived. TheRlICIlWlr.hallapplyall rents,luua..
<br />croptl. prollts.lncomeend revenue olthll property to keep 1hesameln good repair and condition. p.yall taJlell. mnll. fen. charg...nd......ments. pay Inaurance
<br />premium. nlCellllry to keep the prem IMS Insured. pay the expanse 01 the receivership and attorney tees Incurred by Ihe Receiver, and apply the net proceedl to the
<br />paymflnl of the indebtedn'la ..cured hereby. Such Receiver Ihall have elllhe other u.ual powers of receivera lulhoriUld by law and IS the court may direct.
<br />
<br />(9) The Integrity end m.pansl blllty 01 the Mortoaoora conatltum a pan at the con.Ideratlon for tha obllgaUonl HCUI'lld h~by. Should Mortgagoraull. lran"ar
<br />or con~'I the praperty delcrlbed hereln,wlthout prior written consenl of Mortgagee. Mongaglfl mey. It Its option, decl.re theenUre Indllbtlldneulmmedletely due
<br />and payeble .nd mlY proceed in the enforcement of Its r1ghte as on eny olher deleult.
<br />
<br />(101 A.alllgnmant of Rents Including Praceed. 01 Mineral Leue. Mortegora hereby lransler. set oYlrand c.mVll)' to Mortgaglfl.1I rents. royalUII, bonllHl and
<br />delaymoneyl that maytrom tlmeto lime become due end payable under any reala.teteleell orunderany 011. gu orothermlneraJ I_of any kind nowal.Ungar
<br />that mey hel1tltttlr come Into exlltence. cQYllrlng the above land orany part thereof. AU.uch sum..o I'1!lC8IYl!1d by MortglgWshaU be applied totl'lllndebtednaa
<br />I8CU~ hereby; or ..Id Mortgaglll may, .It Its opllon. turn over end deliver to the Mortoago~ orthelr aueceaaors In Int.,..t, any orall oflllch auI'M wUhout prwjudlct
<br />to Iny of Mortgaglll', rlghlllo take and retain luture lum.. and without prejudice to any at II. other righll under Ihl' mortgage. The trantfer and CCIf1wyInOl
<br />hllreundflr to MonO.g_ of ..Id rents. royalties. bonulISand del.y monep .hall be conJtrued to ~ a provision 10r the pilyrMnt Dr reduction 01 the mortgage debt,
<br />subject to the MOnglp'l option.. heralnbefore provIded, Independent 01 the mongagellen on Slid real_tate. Upon payment In lull or the mortg.ge debt and the
<br />rekllH 01 this martgage 01 record, thll conv.yance Shall become Inoperatlve and 01 no further force and effect.
<br />
<br />(111 TM covenanta contained In Ihla mo ge .hall ~.d6emeo 10 be eever1Ible: In thl ewnt Ihat any portion of thll mortg. II d~ined to ba wold Of
<br />unanro~~I~;~he lIennl no ~ veJfCi(ty 01 the remelnlng portions 01 the mortglge.
<br />
<br />(Darick D. Barnhart) Personally
<br />
<br />
<br />.dU!u (' ;::",~~/"J
<br />(Gay C. Barnhart) Personally
<br />STATE OF Ball )
<br />)u
<br />COUNTY OF Nebraska )
<br />
<br />On this 9th day 01 Dece~~ . A.D., '9~. before me, a Notary Public.
<br />
<br />personally appeared Darick D. Barnhart and Gavle C. Barnhart, husband and wife ":Inn on
<br />
<br />behalf of each DRA ?lR j nni vinll'" 1.<=1
<br />10 me known to be the P8rson(s) named In and who execu1ed lhe foregoing Instrument, and aCknowledged that rhl=>Y executed
<br />the same as t.he:iJoluntary Bet and deed. . '"
<br />(SEAL) J:EIEMlIlOTARY-sulI Df IWIIDII ,;0 (WI 0 ~y7L-t
<br />MARK D, STEl.K
<br />My Comm. up. Mty 1. 1991 (Type or print name unDer slgnlturel
<br />My commission expires Notary Public in and tor said County and State
<br />
<br /> ~ 'C 0 0 ~ ,.,
<br /> I " 'C m ~
<br /> 'C .. 'C
<br /> ::i ~ ~ m
<br /> ~ Cl
<br /> I II: II:
<br /> ci -;:; 0
<br /> .r. ~ f-
<br />W i 0 z
<br />III 0 ~ a:
<br />C :I u ::>
<br />~ 0 '0 Iii
<br /> 0
<br /> a: ... a:
<br />a: ci ... .. ci
<br />0 z ~ ~ g> UJ
<br />~ 'C 0 .. Cl
<br /> 0 a:
<br /> 8 CD " 0
<br /> " 0 I~
<br /> i!? m
<br /> 'C "
<br /> l! .. g> "a:
<br /> ~ '" '~
<br /> 'C t:
<br /> " ~ 0 ,. I
<br /> u: 1i ::; CD ~
<br />
|