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MORTGAGE 85-4 00108c,
<br />This Mortgage is entered into between
<br />D •- '�"'�S.LC'1„ZZ�- [�-- S�S7o• Ac 2'enants ;n Common
<br />FIVE PC?iNTS BANK (herein "Mortgagor ") and
<br />- -~�� _(herein "Mortgagee ").
<br />Mortgagor is indebted to Mortgagee In the principal sum of $ 90.000.00 , evidenced by Mortgagor's note
<br />dated 3- 2 5- 8 5 --- (herein "Note") providing for P Payments of principal and interest, with the balance of the
<br />indebtedness, if not sooner paid, due and payable on --9 - 21 - 8 5 _
<br />To secure the payment of the Note, with interest as provided therein, the payment o all other sums, with interest,
<br />f
<br />advanced by Mort-owe to protect the security of this MortsaKe, and tine performance of the covenants and aereements oP
<br />the Mortgagor contained herein, Mortgagor does hereby mortgage and convey to Mortgagee the following described
<br />Property located in Hall County, Nebraska;
<br />See attachment hereto
<br />Together with all buildings, improvements, fixtures, streets, alleys, passageways, easements, fights, privileges and
<br />appurtenances located thereon or in anywise pertaining thereto, and the rents issue, and profits, reversions and remainders
<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; ail 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 />' Morgagor further convenants and agrees. will, Mortgagee, as follows.
<br />I- Payment. To pay the indebtedness and the inter•:t 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 Ilse lion created laerehy is a first and prior ba•n on t he Property, except as may otherwise he set forth herein.
<br />W'Me Property ps subjprt loa Mortgage wherein OVer,land Na.t, onal Bank
<br />d the ga , recorded at Book-
<br />N _ i age of the Mortgage Records of did I Z
<br />. which Mortgage is a lien pews to the lien created hemlaa, __ __.County,
<br />-i (hher prior liens or encumbrances:
<br />1 Taxes. Assessments. 'f'o pay when due all taxes, specpal assessment_ and all other charges against 0he !'rops•rty
<br />and, u written r d by vfeartgagee, to add to the payments r•quired tender the Note :+soured hereby. such amount as
<br />MAY he suflieient to enable the Mortgagee to pay .such taxes, a..,sessrnents or other charges as they Income due.
<br />4. I an". To keep file improvements now or hereafter located on the real estate described herein insured
<br />by ties and such le to t eards as Mortgagee may require, in amounts and with companiesacreptabtee to the
<br />and with 1 ,sayable to fbe Mortgagee•. In case of loss under such policies the Mortgage e is autttori to
<br />ad.' a ctto t and compromise, th In its disemtion, all claims thereunder at its sole option, authoriaedto Pit her apply Iln•
<br />6o the restoration of the 1'ruperty or upon the tndebfedirem secured he
<br />hereby . but payments n under shall con-
<br />5. until the sulns wcured hereby are paid in full.
<br />5. is Fwmw For Taxes and Inauranep Notwith0anding nnvthing reanlained in pr regrnphs 3 anei 4 hereof Ia1 the
<br />Mortgagor shall Pay to the Mart at the time of Imying the monthly instal lnaents of noel
<br />•t fth of the yearly taxes. a ments. hazard insurance Premiums, and ground rents of arayP wcip ma
<br />a Italn a
<br />priority held by Ow Mmtg##" over tBtds r , all as reasonably from time to time by the Mort a r•, '[ire amnuoats nee
<br />without interest and applied to Etas Payment of the sterns in ree"Peet to which such amoullit' wens
<br />de au Paid to : OVI hereunder air= pledged as additional security for the indchtednem secured by this
<br />IMoTtgai rt rst ' Pay If) Etfnrtga w th« araaount of any deficiene.y between the aclual taxes, asnessments. hasurance
<br />IFFITRUM and ground wags and the depaxaif.s hereunder within ill days after drmanet is made "purl ` Mortgagor, requesting !
<br />Payment t af,1
<br />g, Rape", Main
<br />and tfsr, 7'o prnmptty ralaair, 1-ton err rebuild arty huildi"10 or itaepravetnenta now or 4�1
<br />wafter e,n t'tew Froymrty , rn s: ,p fire Pra tgaat 'pia seed eonditiort and aepair, without wade, aosi fn r fie >nr nnv hanic'� or s
<br />aAherlwfm a'"I rx s soiawelrnated tae the lien hereof; nor. to make. suffer n'
<br />or ins .r the, valor nl I @sea I'Tolwrtc R:N sea ria't or ontlewinn ku wrl; alo@ tnpe,mraib aaw�o hit: +Ihr. a�uia,a•Rlreit or r„ d,tour ##
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<br />-e ro 0-w r`r•€pr�r , t t of WA .vrlh
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