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AM C*TATE UMT"GE KNOW ALL I SENT' 86- 101392 THAT Harold D. Todd & LuAnn M. Todd (husband & wife) of 910 E. Phoenix, Grand Island, iE 68801 Mortgaigmhoun,doma 19 p mWclnwy 10 Allied Energy Products, Inc. of 1500 E A=my post Rd., Des Moines, IA 50.470 t11or4ages, to severe payment of a certain Home Improvement Retail Installment Sale Agreement (hereinafter called Agreement) executed by the Mortgagors bearing even date herewith and payable to the Mortgagee in the amount of Three thousand three hurldred ninety and no/ 100------------- •------------------- - - - - -- Dollars 4 3390.00 ) as evidexxd by and payable w►der the toms of the sad Agreement. the following described premises situated in Hall Comity, Nebraska, to wit: (Legal Description) The West 79 Feet om of Lot 9, Block 3, Pleasantv�iew Third Addition L'v tl-e .-ity o Q:and Islaty -', hall ...ouarit r, :\C:iJrasi'za. � L7 — Uzi �. - a r, I o atkia )'Fold D. Todd & =uAnn M. Todd (husband & wife), 910 E. Phoenix, Grand Island, NE (Street) Icny) (State) Itp) 68801 That the intention herein is to convey hereby an absolute title in tee simple including all the rights of homestead and dower, to the said Mortgagee, its successors and assigns. That the said Mortgagors represent to ano covenant with the Mortgagee that they have the right to sell and convey the said premises and that they will warrant and defend the said premises against the lawful clams of all persons. That the Mortgagors do hereby release all rights of homesteac and dower and all rights of distributive share and other rights in and to said premises. That these presents are upon the expressed condition that :f the said Mortgagors. then heirs, successors br assigns shall pay or cause to be paid to the Mortgagee, its heirs. successors or assigns the amount specified above according to the tenor and effect of the said Agreement of the said Mortgagors, then these presents would be void, otherwise to be and remain in full force and effect Ibis mortgage shall stand as security for said Agreement and for any and all future advances made by the Mortgagee to the Mortgagors That the Mortgagors further agree that they will pay all taxes and assessments levied against said real estate before the same become delinquent and will keep the buildings on said premises in good state of repair and fully covered with an insurance policy showing any loss payable to the parties as interests may appear. and will make the payments promptly as herein agreed as the same become due and that failure to do so shall give the Mortgagee the right to declare the whole sum, less unearned charges. due and payable at once and to foreclose upon the property and in that event a reasonable amount shall be paid by ft* Mortgagors as attorney fees and the costs of foreclosing That the Mortgagors further agree trial they will pay all taxes levied upon this mortgage or the debt secured thereby, together with any other taxes or assessments which may be levied under the taws of Nebraska. against the said Mortgagee or the legal holder oLthe said Agreement on account of this irddebledness. . in lose event that the Mortgagors shall tail to keep and perfod many covenants herein contained, the holder hereof shall have the option to declare the whole of said indebtedness. less unearned charges. due and payable at any time after such failure or default, and may maintain an action at law or equity to recover the same, and the commencement of such action shall be the only notice of the exercise of said option required IN TESTIMONY WHEREOF. Harold D. Todd & LuAnn M. Todd (husband & wife) —_nereunto set t -44and S this 17 __day of February _ i t9 86 STATE OF NEBRASKA 5 County or _,(3d3,1 17 O. 1h,< _. _ .. February (; 1986 �ntlore m2, a kUla :y PUhirc �a d': ' r;r ;hiaUrtally name the above named F1 rold_ U_ Todd & LuAnn M. Tr >9d ( husband & wife) L . 1b ypr d ly r -t ,wn F t , De ha n�'nl'i r _ e!lose name _ -. .,rh een .: p Li 4.P ft. Ism l gg t11 t r