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as— 1 0 1 7 7 8 Account No. 18138 -0 REAL ESTATE MORTGAGE '.,'e.SBe- ,r..a)ld..:`T�ur,�en �fe.- ..... -..._ _. -- ,hereinafter .......... ....... called the "Mortgagor -, d:,c, hcrehy mnrigagc rh, tc'i.m•,n-g c.escn hr:i real estate: Lot Twentv Eight (28) Kentish Hills Subdivision located in the South Half of the _ .............. ............... ...._........... ............................ ... Northwest Ouarter of the. Southwest Quarter (S?�NW'SW-.) of Section Twentv Five (?S) _..._.. -.. ._ ._ . .. ....... .............. .. .... .. ........----._.-._-...-._...._...._.._._...._..__..._ ...... -- Townshin Pleven (11) 'forth, Range Ten (10) West of the 6th P.M., Hall Countv, ..................... ............................ __.._.. .............. .......... .._.....-- .....- _.._.- . - -.. -_ Nebraska. -.._...._.......- _...-- ....._ .... ....... .......- -._._..._...-_ -...-,,.-- .-- -,-- -_.- ..-.. --,- .... _._..-.-._.....--.........-....-..._......_ ... _._.__...._._..._ ........ - heremafter called the "premises to salt Federal Credit An i on, hereinafter called the "Mortgagee'; in consideration of the arnouni, financed hs the \butgagcc in the ..urn of •- TUiZtiptea - ThoUS. WA- aad... no1.lflnt- h8--....-... r.... .- ...r.....--- . >....- .... -... -_ ._..-.- ..- _c...c.__.- ..__ -.. -._ - -. ...r.._7 ....- ..,c.. (S 13.090.1-0-0 ).receipt M which is hereby ac know le g d in consideration of covenants and agreements hereinafter set tunhc PROMISSORY NOTE: This mortgagee is given to secutr paymrnt of the amo=t financed together with interest, according to the terms of the Mortgagor's promissory note of this date. ADDITIONAL ADVANCES: This mortgage shall sevurr ary additional amounts financed together with interest, which may be made at the mortgagee's option at any time before the reiea a of this mortgage provided, the aggregate amount secured shall not exceed the maximum amount permitted by law, except that nothing herein contained shall he considered as limiting the advances secured herein which are made to protect the security or made in accordance with covenants contained in this mortgage. WARRANTY: The !Mortgagor hereby covenants with the \hxtsager that the Mortgagor is lawfully seized of the premises, that the premises are free from encumbrances; that Mortgagor has good• right and lawful authority to convey the premises, and that the !Mortgagor wartants and will defend the title against the l3wuil .:laims of all persons whomsoever, except Sub3act... -to._f cal~ -- mar. tea, ge.._ tzeJd ...bv- _i;gfxztab.J.e...�fualdin Approx. balance $37. 700.00 OWNERSHIP: If there is any change in the ownership of the premises by sale or otherwise, then at the election of the Mort- gagee the unpaid balance of the amount financed including additional amounts financed together with interest shall become due and payable at once without demand or notice. INSURANCE AND TAXES: The Mortgagor shall maintain fire, windstorm and extended coverage insurance upon the premises in an amount not less than the indebtedness duc the Mortgagee with a loss - payable clause in favor of Mortgagee. The Mort- gagor agrees not to commit nor permit waste on the premises. The Mortgagor shall pay all the taxes, levies and assessments upon the premises before they become delinquent. In the event the Mortgagor shall fail to obtain insurance or pay taxes and other liens before delinquent, the Mortgagee may either pay them, creating a lien secured hereby for the amounts so advanced together with interest at the annual percentage rate of twelve per cent (12%) ; or consider Mortsagor in default. DEFAULT: The Mortgagor is in default if any of the terms and conditions of this mortgage or the promissory note or notes secured hereby are breached. Upon default, the Mortgagee without demand or notice may declare the entire debt secured by this mortgage due at once and may foreclose this mortgage for the satisfaction thereof. RENTS: All rents and profits derived from the premises are hereby assigned to the Mortgagee and upon default such rents and profits shall be paid directly to the Mortgagee to be applied against the unpaid balance of any and all advances secured hereby together with interest. Upon default the Mortgagee shall be entitled to immediate possession of the premises. The Mortgagor irrevocably appoints the Mortgagee and its assigns and successors his attorney -in -fact to rent, manage and main- tain the premises as it deems best, and the Mortgagor further agrees to pay said attorney a reasonable fee for such services. STATE OF 1:ebxaska.- COUNTY OF._...i13 Ss. 11 -._._. Signed this ._.- .._4th - _.._day of .---.__._.__- April 19 86 7ritarii X"—Cderner ..._._� . ............._...-- -- -..__.._.. _ .._.......... - Q _ .._ i..altrE'2n :�. `Trerne "r` Mortgagor Before me, a Notary Public qualified for said county, personally came Richard F. Werner and Maureen A. Werner _ to me known to be the identuaf person who signed the foregoing instrument and acknowl- . rV*p4ged the execution thereof to be .__ttjglT voluntary act and deed. IML at it Lirm 1 4 E NFVM lu WITNESS my hand and nreTtrial seal on .. - _. -.__ - .:r.An r 1 4 _ ...... ...... _.............. _.._ Notary Public My Commission Expires: Fj F. �I 60t;t.D re,m tu% °rd V d a y j o u I � I f tf Y w ro �I y C _U U 0 U �O 5 V C _U I I i I 7 G f i O p C- Z Wo W owl K S in O V F j .1 r W •L W y X U. i -i ^ O a 3 W M