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MORTGAGE
<br />ismlamd into betmeg Larry W. Sperling and Daisy J. Sperlin
<br />HOtsband and Wife w "M ort,111,W) am
<br />011, in
<br />Fi*e Poixits, Balik
<br />(fin" ope°).
<br />lfmfjspiir k iedabled to ]Ioetppse in the prineW sum nt$ nnn 00 -14anced by MortpqWs note
<br />O-WA "Noft") Prorlding Mor peyaumb of prileciliell and intsmat, with the balance of the
<br />lie elesst!l pnyimato[ hire NOW, with interest a provided therein, the psyment of art other same, wft interest.
<br />awn-d,by M"PlIa -"",Pmboet aw"Culfty Of " Mortpp, sad Use performance of the covenants and algreemeau of
<br />4110,rl IM u, I "kid hamin. Mortgagor 4— berelloy mor4pp and cGermy to hlnrtpagee the following dncfflwd
<br />prepenty located in Hall County, Nebnadm-
<br />Lot Three (3), in Grand Island Industrial Foundation Subdivision,
<br />Hall County, Nebraska
<br />Ste c n 'z?
<br />rry
<br />o /t
<br />-7
<br />7S �9
<br />40
<br />z
<br />Taptbar with all buUdinp, improvements, fixtures, streets. &Heys, passageways, easements. rights. PTiTmeg- and
<br />appallmumom located tbevem or in anywise pintaining thereto. and the mats issues and prof oil tum—M.111—
<br />themet, iadudliag, but not limited to, beating and cooling equipment and such personal property that is attached to the
<br />imPvOwOmmts 20 0 to cowtitme a Mdure; all of which, including replacements and additions thmio, is hereby de4dared
<br />to be a part of the teal estate secured by the lien of this Mortgage and all of the foregoing being referred to heroin as The
<br />Mortgagor further mnyrnants and agrees, with Mortgagee, as follows:
<br />* Payment To pay the indebtedtien and the intm-*t thereon as provided in this Mortgage and the Note.
<br />* Td ic Mortgagor a the owner of the Properly, has the right and authority to mortgage the Property, and
<br />war ate that the lien created hereby is a first and prior lien on the Property. exorpt as may otherwise be set forth herein.
<br />13 Ilia Property is sub*1 to a Mortgage wherein
<br />N the MortViVe, reOOrded at Book------,.
<br />Nebraska, whick Mortgage is a lien prim to the lien created hereby.
<br />13 Oder prior Was or encumbritatvs:..
<br />& TAMak Ammumalls. To pay when due all UMft, spMal assessments and all other charges against the property
<br />up" w demand by Mortppe, to acid to the payments required under the Note secured hereby, such amount sa
<br />MW be Lnfbtk* to OnWbk the J&oftgagee to pay such taxes, amessments or Aber tbarors at they become due.
<br />4. lammmea. To " the improsemaria now or hereafter located on the real estate described berem insured
<br />rammat dMOW by Am and each Weer hazards as lAodMw may require. in amounts and with companies acceptable to the
<br />JUMV@w, ad with Im paystsk to the MortPow. to cut of loss under such policies the Mortgagee is audioriard to
<br />A40t. - -0 A and ocegicamise. in as discretion. all chdma tbrmnder at its sale option, authorized to titber apply the
<br />posimeds to dw moteration of the Property or upon the indebtedness secured hereby. but payments berrwmW shall con-
<br />0110111, Valid the sow secured be 0" an paid In full.
<br />L 13 Xwever Flat TWas mad Imarmima. Notwithstanding anything contained in paragraphs 3 and 4 here*( to the
<br />O@MkM M 09 - *0 pay to the Mortr4m at the their of paying the monthly imitallmeatt of principal and inlarml,
<br />dw4wdft of dw yAMy Mmr*, aneaamesth. haaets I lusurawt premiums, and ground rem (it say# which may attain a
<br />1 4 OW ift N I V 4 1 ANN 0 "OOONOW estimated ftM time to &it" by dw Mor4ol". 7%e amounts so paid " be
<br />b"* do Owspaw willmet, intend and appWd to the payment of the it"m in reeppe to which such gimmeaft w",
<br />410111611110111- "W stmaa "W 10 MW*PVO lwllm& we ~ a A"UoW KvMtY for the indebtedness secured by this
<br />UM"W ft"Waraw M to 16octows, 00 smomit of any "Ciency W%WM the actual tuft, assessments, hismance
<br />PWOM a" Volmil 1"M Wal der degm" leffe"Odar within 10 dap A(W demand is M& upon Mortgagor requesting
<br />dunmet.
<br />& Mispair. 11110104mamir and Um. To pramoy repair, restore or rebuild any buildings or traprowmeab now or
<br />fume afar 00 the fteleatly. to U" die "Operty In good common sad repair, With"t waste. and fire from mechanic's of
<br />4100116M am UPM* saiaeeMnated to dw ilea hmef. am to make. suffer or permit any nuisonev to exist. nor to dicaln•
<br />all or impair %I* *dW of Ow Property by soy and or omission to mi. and to etimply with all "Virement, of law with
<br />ampret to der Propertr.
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