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<br />MORTGAGE 85-- 002022
<br />Luther F. Peters, as Trustee of the Luther F. Peters
<br />This Mortgage is entered into between Trust, dated November 4, 1983 and Lavonne R. Peters,
<br />as Trustee of the Lavonne R. Peters Trust, dated November 4, 1981
<br />FIRST NATIONAL BANK AND TRUST CO. OF KEARNEY - (herein "Mortggor")and
<br />_..._..(herein "M ,.).
<br />Mortgagor is indebted to Mortgagee in the principal sum of $ -63, 000.00 , evidenced by Mortgagor's note
<br />dated April 26, 1985(herein "Note ") providing for payments of principal and interest, with the balance of the
<br />indebtedness, if not sooner paid, due and payable one Abr it 26, 2QQk _.
<br />To secure 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 Mortgagee the following des aibed
<br />Property located in __H11___�__. County, Nebraska:
<br />Lots 1, 2, and 3, Block 3, in West North Lawn Second Addition to the City of
<br />Wood River, Hall County, 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 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; 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 coveenants and agrees, with Mortgagee, as follows:
<br />I. payment. To pay the indebtedness and the intercat thereon as provided in this Mortgage and the Note.
<br />2. Tice. 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 />13 The Property is subject tv a Mortgage wherein _ .Fi s -t.._t'Qca_.rpJ 1LinColn ._aF qu_
<br />h the Mortgagee, recorded at Book ., _.161._ Page ___84. _ . of the Mortgage Records of — _.__Fial l __County,
<br />Nebraska, which Mortgage is a lien prior to the lien created hereby.
<br />E-I Other prior liens or encumbrances:..__. _
<br />6• r, Mario a ce and t' 1'a.9 pr(mipti) repair, rr =share tot rebuild AM Buildings or improvements now or
<br />he,m0ftef am thV FV11wrty, tv keep aw rropvrty set ga,*)d zcandilior: and repair, without welsh -, and frRe fre rrt mechanic`,s or
<br />c r "#It ex ly Nubordinat,441 to thr IEers hereof; neat to make, staffer or po=red €it any raa Isit"V � it) exist, near to dirnin,
<br />or i parr the VWW' of the o rty� ley° say, 10 <er <a1111-Aaaae; tea Arl, And to t�esmply with all re�qui�mrnts t�f" law with
<br />r a,,t to the praxfso -r9.
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