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F <br />MORTGAGE 87, 100211 <br />This Mortgage is entered into between _R2qrr!! ._ W Bruntz, a s ctu 1 <br />_ <br />--- _ m. — _. __ __ ._ __ (herein "Mortgagor,,) and <br />�Adc�tt Count ic_F___.___��__ . m ._--- ___.._RT,_,_.�_�___., —_._. __._____.� (lrernitt ••Alort „j. <br />Mor4wor is indebted to Mortgagee in the principal sung of 700, .Do_,._. ; evidenced by Mort W's note <br />d 1 -12 -87 _ (Isere n "Note ") providing for payments of principal and interest, with the balance; of the <br />indebtedriess, if not sooner paid, due and payable on JanPAKY —1st, „20 7 „__ . <br />Toomm the payment of the Note, with interest'as provided therein, the payment of all other sums, with interest, <br />advanced by Mortgagee to protect the security of this Mortgage, and the performance of the covenants and agreements of <br />the Mortgagor contained herein, Mortgagor does hereby mortgage and convey to Mortgagiee the following described <br />property located ink & Hall ---_ County, Nebraska: <br />East Half of Northeast Quarter (E' NEa) of Section Twenty —seven (27), <br />Township Nine (9) North, Range Ten (10) West of the 6th P.M. Hall County, <br />Nebraska <br />and <br />South Half of the Southeast Quarter (SzSE4) of Section Two (2), Township <br />Eight (8) North, Range Ten (10) West of the 6th P.M., Adams County, <br />Nebraska. <br />Together with all buildings, improvements, fixtures, streets, alleys, passageways, easements, rights, privileges and <br />appurtenances located thereon or in anywise pertaining thereto, and the rents. issues and profits, reversions and remaindkrs <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 which, 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 convenants and agrees, with Mortgagee, as follows: <br />1. Payment. To pay the indebtedness and the interest thereon as provided in this Mortgage and the Note. <br />2. 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 Hest and prior lien on the Property, except as may otherwise be set forth herein. <br />0 The Property is subject to a Mortgage wherein is the Mortgagee, recorded at Book , Page of the Mortgage Records of —__ -_____ County, <br />Nebraska, which Mortgage is a lien prior to the lien created hereby. <br />13 Otter prior liens or <br />3. Taxes nt& To pay when due all taxes, special assessments and all other charges against the Property <br />and, 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. Insurance. " 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 Mortgagee may require, in amounts and with companies acceptable to the <br />Mortllagee, and with loss payable to the Mortgagee. In caw of lass under such policies the Mortgagee is tmthorised to <br />adjust, collect and compromise, in its discretion, all claims thereunder at its sole option, authorized toeitheraipply "the <br />proceeds to the restoration of the Property or upon the indebtedness secured hereby, but payments hereunder shall con- <br />finue con- <br />fin u itil the soon secured hereby are paid in full <br />i. 0 Ewrow For Taxes and Insurance. Notwithstanding anything contained in paragraphs 3 and 4 hereof to the <br />corrowy, mortlgagior shall pay to the Mortgagee at the time of paying the monthly installments of principal and interest, <br />oge4welft of the yearly taxes, assessatenW, rd insurance premiums, and ground rents (if any which may attain a <br />Pdafty over the Mortgage, all as reasonably estimated from time to time by the Mortgagee.Tht amounts ;,o paid shall be <br />held by; the Mortgagee without interest and applied to the paynt"t of the items in respect to which Much amounts weft, <br />dt to MoWW hereunder are pledged as additional security for the indebtedness secured by this <br />UWWW. Ator4fterstrail pay to the smount of any deficiency between the actual taxes rio ssinvirts, insurance <br />piumiuma sm i pound rents and the deposits hereunder' within 10 days after demand i4 ntade upon Mortgagor requesting <br />payment tiarittioc <br />$ , Maintenance and Ilse, To promptly repair, restore or rebuild any €rtdtdingr; or Improvolwii no- or <br />hereafter (m the Property-; to keep the Property In good coridltion and repair, without wwkw, and tree from rnvA lsa w, ", or <br />expressly NO” not Vubordhisited to f#xe lien heftor;l mot to +ftske, suffer or pemut iiny iaumwlvv W enka, nor to,t!aml, <br />Wh or 'import (be Value of the Propprty by any act ?,r orria kart to act", std to voulply with adi of ho. 4s01 <br />nofftl the proverty. <br />