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pmpsitp located in Halt -'County, Nebraska_
<br />Lot Six (6), Regency by the Green Subdivision, an dditian to the City of
<br />Grand Island, Hall County, Nebraska
<br />Together with all buildings, improvements, fixtures, streets, alleys, passageways, easements, rights, privileges and
<br />apputtenarim located thereon or in anywise pertaining thereto, and the rents issues and profits, reversions and remaittdats
<br />thereof: including, but not limited to, heating and cooling equipment and such personal property that is attached to the
<br />improvements so as to constitute a fixture: all of shish, including replacements and additions thereto, is hereby declared
<br />to be a part of the real estate secured by the lien of this Mortgage and all of the foregoing being referred to herein as the
<br />"Property ".
<br />Mortgagor further convenantss and agrees, with Mortgagee. as follows:
<br />t. Payment. To pay the indebtedness and the interest thereon as provided in this Mortgage and the Note.
<br />4. Title. Mortgagor is the owner of the Property. has the right and authority to mortgage the Property, and
<br />warrants that the lien created hereby is a first and prior lien on the Property, except as may otherwise be set forth herein.
<br />® 'fie Property is subject to a Mortgage wherein __ First .Federal Lincoln
<br />Is the Mortgagee, recorded at Book , Page _ __ of the Mortgage Records of Hall County,
<br />Nebraska, which Mortgage is a lien prior to the lien created hereby.
<br />0 Other prior hens or encumbrances. _ �----- - - -- --- _ -- --. —
<br />S. Tans, Assessments. To pay when due all taxes, special assessments and all other charges against the Property
<br />said, upon written demand by Mortgagee, to add to the payments required under the Note secured hereby, such amount as
<br />may be sufficient to enable the Mortgagee to pay such taxes, assessments or other charges as they become due.
<br />4. Irisaiaaice. To keep the improvements now or hereafter located on the real estate described herein insured
<br />against damage by fire and such other hazards as NbRgagee may require, in amounts and with companies acceptable to the
<br />Uatppe, and with lass payable to the Mortgagee. In case of toss under such policies the Mortgagee is authorized to
<br />608ddt' saitemisproillse, tai Its diseaetion, all claims thereunder at its sole option, authorized to either apply the
<br />peoceods° to tae tvxtaastiat of ttae property or upon the indebtedness secured hereby, but payments henwader shah eon -
<br />tiave until the same seemed hereby I'm paid:in full
<br />b. El Fdcraw For Taws sad laiinrrsuce. Notwithstanding anything contained in paragraphs 3 and 4- hereof to the
<br />pplltppg .lY[o[iga{ot **l psy too* Mortgagee at the time of paying the monthly installments of principal and interest.
<br />uiie tweiftih bf;dte yi` t�iare,,srudaiptiieaita, Itaaed'iaiurliaice' pme�aiums and ground amts (if,an, } which easy attains
<br />°Iptlpft boef this Mdttuf je, Was toikona#rly ertieuted Aoki Hrae to time by the Mottgagee. The amounts so paid sW 1
<br />talc ;the MrxtgnNae withoat tntetest- and applied to the` payment of the items in respect to which such amounts were
<br />104 1106,sMSi i ;pad to Mw hereunder are pledged as additional security for the indebtedness secured by this
<br />librt i/ie; ldaet s1faU pay to AMortgagee the amount of any deficiency between the actual taxes, risseititment, insurance
<br />1ai4 'sail'j�rtrtulld heats and the deposits hereunder within 10 days after demand is made upon Mortgager requesting
<br />payriaeat ihl000dc w
<br />41, took bilsiedsmalim and Use. To promptly repair, restore or rebuild any buildings or improvements now or
<br />Irearalkr' oa it* Pwperty; to ",,the Property In good condition and repair. without waste, and free from mechanle's or
<br />eWiai'tiaut mat expnaaty Whardimsted to time ties h"eata not to make, suffer or permit any nuisance to exist, not to dimnin-
<br />ai1 or fiet*r tubs i dio of the Propeity by any act or oalisaiwt to act; and to comply with all tvquirrnwnts of taw with
<br />000" to the'Prteperty,
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