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r a KNOW ALL MEN BY THESE rRESENTS V•l 3 THAT Clyde E. Hicks & Donna L. Hicks (husband & wife) of 511 W. 16th St., Grand Island, NEE 68801 Mor"orshersin.donnrpapa and OMW to Allied Energy Products, Inc. of 1500 E A>ny Post Rd., Des Moines, IA 320 Mrxtyaoee. to secure payment of a certain Home Improvement Retail Installment Sale Agreement (hereinafter called Ag(eement) executed by the Mortgagors bearing even date herewith and payable to the Mortgagee in the amount of Fors thousand thirty five and 07/100 Dollars ($ 4035.07 ) as evidenced by and payable under the terms of the said Agreement, the following described premises situated in Hall County. Nebraska. to wit: (legal Description) Lot 3, Block 3, Park Place Addition to the City of Grand Island, Hall County, 14nbr3ska. alkia 511 W. 16th _tit_, Grand Island, NE 68801 (Slreet) iDly) (State) (zip) That the intention herein is to convey hereby an absolute title in fee simple including all the rights of homestead and dower, to the said Mortgagee. its successors and assigns. That the said Mortgagors represent to and covenant with the Mortgagee that they have the right to sell and convey the said premises and that they wilt warrant and defend the said premises against the lawful claims of all persons. That the Mortgagors do hereby release all fights of homestead and dower and all rights of distributive share and other rights in and to said premises. That these presents are upon the expressed condrtior. ilia! if the said Mortgagors, their heirs, successors or assigns shall pay or cause to be paid tothe 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 This 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 poky showing any foss 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 todeelarethe wlrok 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 the Mortgagors as attorney fees and the costs of foreclosing. That the Mortgagors further agree that 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 lauvs of Nebraska. against the said Mortgagee or the legal holder ot the said Agreement on account of this indebtedness. In the event that the Mor tgagors shall I ail to keep and perform any 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 lime 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, C1 e iE. Hicks & Donna L. Hicks ( husband & wife) __. _hereunto their 3 , -this _ 15 day of Februazy 19 86 STATE OF NE AJY i t County o1 .;;._��__ -_. 15 _ __. as - o' February__ r, D 1986 heInte me. a Notary Public in and foi ;he said County personally carne the above named C1 +de E. Hicks 6, Donna L. Hicks (husband & wife) who .15 la be Ine menutal person s _ . JG —_ --- nlhxe[! to thH •brave .nsUumen! as Grantor _._ -.-.- and *II o a'.k r'' At- 'J7 -`! 13 a Notary 00 he , r �.J 77 z c alkia 511 W. 16th _tit_, Grand Island, NE 68801 (Slreet) iDly) (State) (zip) That the intention herein is to convey hereby an absolute title in fee simple including all the rights of homestead and dower, to the said Mortgagee. its successors and assigns. That the said Mortgagors represent to and covenant with the Mortgagee that they have the right to sell and convey the said premises and that they wilt warrant and defend the said premises against the lawful claims of all persons. That the Mortgagors do hereby release all fights of homestead and dower and all rights of distributive share and other rights in and to said premises. That these presents are upon the expressed condrtior. ilia! if the said Mortgagors, their heirs, successors or assigns shall pay or cause to be paid tothe 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 This 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 poky showing any foss 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 todeelarethe wlrok 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 the Mortgagors as attorney fees and the costs of foreclosing. That the Mortgagors further agree that 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 lauvs of Nebraska. against the said Mortgagee or the legal holder ot the said Agreement on account of this indebtedness. In the event that the Mor tgagors shall I ail to keep and perform any 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 lime 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, C1 e iE. Hicks & Donna L. Hicks ( husband & wife) __. _hereunto their 3 , -this _ 15 day of Februazy 19 86 STATE OF NE AJY i t County o1 .;;._��__ -_. 15 _ __. as - o' February__ r, D 1986 heInte me. a Notary Public in and foi ;he said County personally carne the above named C1 +de E. Hicks 6, Donna L. Hicks (husband & wife) who .15 la be Ine menutal person s _ . JG —_ --- nlhxe[! to thH •brave .nsUumen! as Grantor _._ -.-.- and *II o a'.k r'' At- 'J7 -`! 13 a Notary 00 he , r �.J