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<br />85-- 005516 MORTGAGE
<br />?ltis Mortpge is entered into between Mary C. Hew4 +t and George S. Hewitt
<br />Husband and Wife
<br />(herein "Mortgagor ") and
<br />Five Points Sank (herein "Mortgagee").
<br />Umjpgor is indebted to Mortgagee in the principal sum of $ x.000.00 , evidenced by Mortgagor's note
<br />dated 11/1185 (herein "Note ") providing for payments of principal and interest, with the balance of the
<br />indebtadneaa, if not sooner paid, due and payable on t 1 ,1.1 /o3- - - --
<br />Tosecttre 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 described
<br />property located in
<br />County, Nebraska:
<br />Lot Twenty Two (22) Western Heights Subdivision, Hall. County, DIE
<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 />improvettaenis 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 />"party..
<br />Mortgagor further convenants and agrees. with Mortgagee, as follow.:
<br />PaymenR To pay the indebtedness and the intvrrst thereon as proiido d in this Mortgage and the Note.
<br />2. Title. 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 Prop,•rty, ,-xcept as may otherwise be set forth herein.
<br />'life Property is subject to a Mortgage wherein
<br />is the SVlortpgee,
<br />recorded at Book_ , Page _ - of the Mortgage Records of
<br />Nebraska, which Mortgage is a lien prior to the lien created hereby
<br />C tither prior liens or encumbrances:
<br />County,
<br />3, 'Pates, Asessnsents. To pay when due all taxes, special assessments and all other charges against the Property
<br />and, upon written demand by Mortgagee, to add to the payments required under the Note secured hereby, such amount as
<br />may be sufficient to enable the Mortgagee to pay such taxes, assessments or other charges as they become due.
<br />4, Issarraaee. To keep the improvements now or hereafter located on the real estate described herein insured
<br />spinat clangor by fire and such other hazards at Mortgagee may require, in amounts and with companies ameptable to the
<br />Morippe, and with loss Payable ter the Mortgagee. In case of loss under such policies the Mortgagee is authorized to
<br />adjtast, coftect and compromise, in its diseretiern, all Maims thereunder at its sole option, authorized to either apply the
<br />proewds to the restoration of the Property or upon the indebtedness secured hereby, but payments hereunder shall con•
<br />tilipae wrid the *arm secured hereby are paid in full.
<br />S. } EWroa' For Taxes and Insurance. Notwithstanding anything contained in paragraphs 3 and d hereof to the
<br />t,outltary. Mortgggor shall pay to the Mortpgire at the time of paying the monthly installments of principal and interest,
<br />ore- twelfth of the yearly taxes, assessments. hazard insurance premiums, and ground rents (if any) which may attain a
<br />Priority or" this Mc rtpp•, all as reasonably estimated from time to time by the Mortgagee. The amounbt so paid shall be
<br />held by the Mortp/r!e without intirreat and applied to the payment of the items in respect to which such amounts were
<br />deposited, The sums paid to Mortgagee hereunder are pledged as additional security for the indebtedness secured by this
<br />"8045 a. Mortgagor Kati pay to Mortgagee the amount of any deficiency between the actual taxes, assessments, insurance
<br />ptvrmus" and ground rents and the, depo &HA hereunder within 10 day% after demand is made upon Mortgagor requesting
<br />payment thereof,
<br />S. It air. Maint~ty soil tier. to proetipuv repair, reslorr or rebuild any buildings or impmvementa now or
<br />herraftrr em tote f►operty; to krep the Property in flood rondition and repair, without waste, and for from no•chanic's or
<br />oth"Iwin not rxpreraiiy vubordinstrd to the lien hrreof; not to make, nuffrf ur permit any nuisaurr to exist, nor to dlmin
<br />wh oe impair the valur rnf the Prop,•rty try any act or ommkin to act, and to comply with ail n,quimnwnt4 of law with
<br />rrvpre•t fo the Properiv.
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