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<br />Account ni,,
<br />OPEN-END REAL ESTATE MORTGAGE 85-
<br />c;j�!� %� ;P! cili. and Nancy Husband 3nd Wife
<br />he the e 'M.'tgag .. does
<br />Or 111C I. .. ............... .................... I hereinaftef
<br />Lot One (1) Block One 'I)
<br />........ ............... ............ .......... . Westroads Estates Second Subdivision Hall Nebraska . ... ... n.. .. a County .............. I ............................ ............ .... .. ................ _.. U.
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<br />...... ..... ...................... ..... ................................... .. ... ...... ............ .......... ............. ...... ........
<br />........... .... ... ... ..................... ...........
<br />. ........_............. ..........._.....I.............
<br />here wafter sell Fe'd-9 .. .. ... .........................
<br />'-prem , , I
<br />aniount financed h� ill,, rl_tg,,, fe' 0 hereinafter called the"Mortgag
<br />- I- - - - - - I the LIM I,( �e III �c I /76onsi eration of the
<br />9!"n Five Hundred a
<br />• ........ .... ................. .... .......... ln�?
<br />consideration of covenants a . ... . .. .... ... ....... .. ......
<br />15 500.00
<br />n 19rcerneni., hereinafter set ' -"" l,t"cuIP1 )f which is hereby acknowledged, and in
<br />PROMISSORY NOTE: This mortgage Is to Secure payment of he dmOtim fine I
<br />the Mortgagor's promissory I'Me 0 , f this claiven financed together with
<br />- any additional amounts financed to that with Interest, which may be made at the
<br />ADDITIONAL ADVANCES: This mortgage Shall secure interest. according to the terms of
<br />mortgagee's option at any time before .fore he release of this mortgage provided, the aggregate amount
<br />amount permuted by law, except that ro'th I no herein contained shall secured shall not exceed the maximum
<br />Protect the security 01 made in accordance all be considered as limiting the advances secured herein which are made to
<br />h covenants contained in this mortgage. Any additional advance's with interest, made by the
<br />mortgagee to the mortgagors, or their successors in title, for any purpose at any time before the release and can
<br />at no time shall the aggregate principal amount secured by this mortgage, �llatron of this mortgage, but
<br />c purpose, the amount due at any time on said original note and any
<br />additional advances made, exceed the original Prin ;Pal amount Secured by this mortgage
<br />nothing herein rontarned hall be considered as hm'j tint
<br />the amounts that shall be secured hereby the Sum as set forth above provided that
<br />accordance with converrants contained in the Mortgage- eby when advanced to protect the security or in
<br />WARRANTY: The Mortgagor ereby covenants with the Mortgagee that the Mortgagor Is
<br />are tree from encumbrances; "hat Mortgagor has good, rig lawfully —zed of the Premises That the premises
<br />will defend the title against The lawful claims of all right and lawful authority to convey the premises, and that the Mortgagor warrants and
<br />...b - Persons whoolsoev". —ept ............
<br />Subject ... Fir.�t. Persons 4ld b
<br />. .. ...... Eqp j t b ........................
<br />Balance l ZI 171C e 77,600.00 BuJ. l.d.i.n.g...
<br />A ss, �, c i ;I, t.i
<br />..... .....
<br />OWNERSHIP: It there is any chap
<br />balance of the amount financed In ge the ownership of The Premises by sale or otherwise, then at the election of the Mortgagee the unpaid
<br />demand or notice. eluding additional amounts financed together with interest shall become due and Payable at once without
<br />INSURANCE AND TAXES: The Mortgagor shall maintain fire, windstorm and extended coverage Insurance upon the Promises in an amount
<br />not less than the Indebtedness due the Mortgagee with a loss-payable clause In favor of Mortgagee,
<br />Permit waste on The Ofermses. The Mortgagor Shall Pay all the taxes. The mortgagor agrees not to Commit nor
<br />In the event the Mortgagor Shall fa I to obtain Insurance or pay taxes levies and assessments upon the premises before they become delinquent.
<br />creating a lien secured hereby for I' h and other liens before delinquent the Mortgagee May either pay them,
<br />consider Mortgagor In default " an"Outits so advanced together �Nllh interest at the ailnudi Percentage rate of twelve percent (12%); or
<br />DEFAULT: The Mortgagor Is in default if any of the terms and conditions of this mortgage he promissy
<br />breached. Upon default, the Mortgagee v4rhout demand or notice may declare the en�,89" or
<br />foreclose this mortgage for the sat-, , : Or notes secured hereby are
<br />RENTS: All rents and profits siacnon thereof, re debt Secured by it Is mortgage due at once and may
<br />Paid d.,ec delnied from he are hereby assigned to the Mortgagee and upon default such rents and profits shall be
<br />"y To the. Mortgagee TO be applied against the unpaid balance of any and all advance
<br />,-Null Ill. Mortgagee shall be entitled to immediate Possession of the premises The Mortgagor s secured hereby together with interest Upon
<br />assigns and Successors his attorney ,, fact to I.nt after Irrevocably appoints the Mortgagee and its
<br />Said attorney a reasonable ' manage an
<br />ble fee for such services. , of maintain the orent 'Ses as 11 deems best, and the Mortgagor further agrees to pay
<br />:15th
<br />. . ... ...........March....... .........
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<br />S TATE ol, a cy Veuchi ............
<br />Nebraska
<br />COUN'ry ()l, Hall ............................ ...........
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<br />Roli❑ D. ': it If n ts, Personally came
<br />Kreuchi -ind Nancy. M. Kreuchi
<br />tIw 11
<br />'g( 1 Ing instrument and a c III no I wi . -
<br />twasy -state all MINA" 1 1!" .-their,
<br />I N Flys j, !teal !, , ;l't and deed.
<br />March ?5 19
<br />I•p—, .March 10, 1986 . .....
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