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F I MORTGAGE 85-'002256 Dennis L. Knuth and Wanda M. Knuth, Husband This Mortgage is entered into between and Wife Each in his and her own right- and and as spouse of the other - (herein "Mortgagor") and FIVE POINTS BANK. (herein "Mortgagee "). Mortgagor is indebted to Mortgagee in the principal sum of $ ?., 000, 00 evidenced by Mortgagor's note dated 6/85 (herein "Note ") providing for payments of principal and interest, with the balance of the Indebtedness, if not sooner paid, due and payable on, 5/6/86 Toseeaee the payment of the Note, with interest as provided therein, the payment of all other sums, with interest, advanced by Mortgagee to protect the security of this Mortgage, and the performance of the covenants and agreements of the Mortgagoir contained herein, Mortgagor does hereby mortgage and convey to Mortgagee the following described property located in Ha1I____ _ County, Nebraska: Lot One (1) Dickey Fifth Subdivision in the City of Grand Island, Hall County, Nebraska Together with all buildings, improvements, fixtures, streets, alleys, passageways, easements, rights, privileges and appurtenances bated thereon or in anywise pertaining thereto, and the rents issues and profits, reversions and remainders thereof; including, but not limited to, heating and cooling equipment and such personal property that is attached to the improvements so as to constitute a fixtun•; all of which• including replacements and additions thereto, is hereby declared 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 1111h),wrty., Modgaigor further convenants and agrees, with Mortgagee, as follows: 1. Payment. To pay the indebtedness and Itie interest thereon as provided in this Mortgage and the Note. 2. Title. Mortgagor is the owner of the Property, has the right and authonly to mortgage the Property, and warrants that the lien created hereby is a first and prior hen nn the Property, except as tray otherwise be set forth herein. ?i The Property is subject to a Mortgage wherein I:pm • ` t yth >Tst'1� i�tLf ::�.a1i_ =i an is the Mortgagee, recorded at Bork Page of the Mortgage Records of . l y, _.__.._.___ Count . Nebraska, which Mortgage is a lien prior to the lien treated herehy 0 Other prior liens or encumbrances: __ _._ _. 3. Taxes, Assessments. To pay when due all taxes, special menus. and all other charges against the Property and, upon written demand by Mortgagee, to add to the payments required under the Note secured hereby, such amount as may be sufficient to enable the Mortgagee to pay such taxes, aswuments or (Alter charges as they become due. P Cuero;