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�.; 002748
<br />MORTGAGE FORM f10
<br />Pig Jubtuturt, Alade and F,xrcutrd this 21st day of May A. D 1985
<br />by and between Harry W. Nicks and Carol A. Hicks, husband and wife
<br />party of the first part,
<br />and The t►1nalta tsathpnal Bank_
<br />°-- party of the second part.
<br />tiVIT:NFRIIETH. that the said perky M the first park, for and N consideration of r s 78,876.55 I Seventy
<br />Eight thousand eight hundred seventy six and 55/100 ----------------- AMLJ "L8. , ald by said party of the
<br />part, the receipt whereof is hereby ackromletiged, has granted, bargained, sold and conveyed, and by these presents,
<br />thn•s grant, bargain. sell and rantrv. unto said ltart% of the see•,nd hart the following described real property situate in the
<br />t:'tarnly of Hall and State of Nebraska. to.-
<br />wit-Fractional Lots Five 1.51) - Si< (6)
<br />in Frar.tional Block Thirty Five (35), Packer
<br />and Barr's Second Addition to the City of Grand Island, Hall rounty, Nebraska.
<br />together with all the tenrments, hereditamrnts anal appurtenances to the same belonging, and all the estate, title, dower
<br />right trf honiestcal, claims and deniamis whataoecer of the said party of the first part of, in or to said premises or any part,
<br />thereof; amt said party of the first part does hereby covenant, that said party of the first part Is lawfully seised of said prem-
<br />ise.'. that nail i+renrises :ue it re Roar incumbrance and thnt amid party of the first part will warrant and defend the title to said
<br />Ito enrisrs .lg ;un.,t lilt, lawful claims and demands of all persons whomsoever,
<br />hitt)tIDED ALWAYS. and these presents are upon these conditions;
<br />WifEREAS, said party of the first part has executed and delivered to he said
<br />party of the second
<br />promisaorynMe__dated May 21, 1985 and all modifications, renewals orextens onsthereoft
<br />and whereas, the party of the first part has agreed to keep the buildings, it an upon
<br />panv or companies approved by said party of the second part, for the full Insurable vae against loss by fire and windstorm with
<br />extended coverage and deliver to said party of the seemed part the policy r
<br />the loss payable to acid party Of the second part, or assigns, still has agreed tooliclea containing s standard mortgage clause with
<br />isrs before the same, by law, becorne delinquent, and has agreed that It skald all party of the assessments spart s not provide said prom•
<br />insurance, or tails to pay all taxes as aforesaid, they► said party of the second fart does not ch Insu such
<br />and taxes• or either or them• and all amounts so aid h said tart. or holder hereof, may pay such insurance
<br />per cent P Y party of the second Hart shall bear Interest at the rave of nine
<br />1 per aflflunt f the the date M payment, and this mortgage shall art tl as security therefor, and said sum may be
<br />•idiot to the amowtt of the mortgage debt, and the same recovered as s part thered�, Now, 1! the said
<br />shell well and truly pay or cause to be party of the first part
<br />paid the said surn o! money in said note ..... ....... mentioned, with interest thereon accord-
<br />ing to the tenor and effect of said note anti shall keep said buildings Insured as aforesaid• and shall keep all taxes and
<br />assessments paid, amt shall duly keep, and perform all the other covenants and agreements herein contained, then these
<br />presents to he null and told. But It said sum of muncy or any part thereot, or any Interest thereon, is not paid when the same
<br />is due, or If said buildings shall not be kept Insured as aforesa b, or it the taxes and assessments against said premises are
<br />not paid at or before the time the same becomes by law delinquent, or it said party of the first part shall tail to keep and
<br />pperfrrtn any cosenants herein contained the holder hereof shall have the option to declare the whole or said Indebtedness due and
<br />payable at any time after such (allure or default• and may maintain an action at law or equity to recover the same, and the com-
<br />mencement of such acton shall be he only notice of the exercise of said option required.
<br />AND IT iS FtIRTHEU PROVIDED AND AGREED. That the said Mortgagor shall and will
<br />mortgage or the deht secured thereby, together with any other taxes or assessments which may bye levied under he LAws of
<br />Nebraska. against the said Mortgagee or the legal holder of the said principal nrte..........on account of this indebtedness.
<br />AND iT 14 FVRTIfER PROVIDED AND AGREED, thwt the undersigned MorttCasors covenant and o riree with the Mortgage&
<br />that one of the cnnthe personal for making this Ivan is That the nrlgagors do and will continue to, own and oecupy the real estate
<br />herein described as the personal nssivotle dwelling of the mortgagors xu long as this mortgage and the said note secured hereby, or
<br />wn� part rheren(, remains unpaid. I( at any time, while the morn age is in effect and the note for which this moilR age is tiven as
<br />security, or any part thereof, remains unpaid, the undersigned Mortgagors sell or convey the rr.al estate herein described, or saw
<br />cupyethef iaidrhewlMtostil o Iha noiivo have Or oft the u deralgned,tAen indalal en anyhpart Cher thereof r drawees may. t ersonally
<br />option. declare the unpaid orincipal balance, and interest, of the note secured hereby immediately due and payable, at its
<br />J �totimoup �jercot,
<br />--
<br />NO 2101
<br />M -,*e»t "eve°
<br />ate of __... On this the _ 31st Ma
<br />S5. day of Y 19.._5 , before me,,
<br />cauntyof San Bernardino * * * * *S1iARI LEIG11 OSBORN * * * **
<br />the undersigned Notary Public, personally appeared
<br />* ** *}LARRY W. N1CKS * ** AN) * **
<br />SHARI (;lill A. NI(:k4 * * * * * * * ** ®
<br />Ni.Nnr -f °t; il
<br />personalty known to me
<br />proved to me, ran the basis of satisfactory evl6Jen(- r 1 ` to be the faerson � whose narne(,l i rd
<br />p"V r a Ia , _ s � SUb�,CrlhelJ to
<br />4• within irstrum€ent, t)r�cJ sic kn €:rwtecJped that t he".
<br />exvcutod it s
<br />WITNESS ruy tianr,J ar,ti car €sc;rtl �,t;•,:g! �3'
<br />t~id� gri � tiinrtto,irr^ �
<br />1
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