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<br />83-001109
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<br />MORTGAGE
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<br />'fills Mortgage is entered into betwoon
<br />and Wife
<br />
<br />Donald D. Jaroos and Bonnie M. Janes, Husband
<br />
<br />'l11e Overland National ~ of Grand Island
<br />
<br />dated
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<br />Mortgagor is indebted to Mortgagee in t~e principal sum 0($25 .000. 00
<br />March 3, 1983
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<br />{he,ein "Note") providing for payments of principal and interest, with the balance'<>fthe
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<br />ind.btedMss, if not sooner paid, due and payable on_ MA~h 1'0.. 1 OO~
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<br />To secure tbeJlllyment of tbe Note, with int!lrest as provided therein, the paymentor all othersurns, with interest,
<br />advancedbyMortgage~ to protectt'be seeurity of this Mortgage, and the performance of the covenants and agreements of
<br />the Mortgagor cnl\WlIed herein; Mortgagor doos hereby mortgage and convey to Mortgagee the followingdescrlbed
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<br />property located in
<br />
<br />Hall
<br />
<br />L41Unty, Nebraska:
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<br />Lot One (1), In Block 'I\ro (2), Westroads Estates Second Subdivision
<br />in Nort~ Q.1arter of the Northeast QJarter (NWlNE!) of Section
<br />Thirty-Five (35), TO\\TIship Eleven (ll)North, Range Ten (10) ,West
<br />of the 6th P.M., Hall County, Nebraska.
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<br />Together with aU buildings, nnproVf'mf'nt.s, flxtun'~. .;,{rpt't:-.. 3l!l'YS. p3.S.-"-agl'ways. t'asf'mt'nls. right..., privileges and
<br />appurtenane.t~s locatNi tht'rPon or ,n aoywi~\'_ pr'rt..alllmg lht'if'lO. ilnOlhi' f{'nL... 1,,5.1h.'~ and profaL... rt"\'t'rsions and remainders
<br />th..reof; including. hut not timiu:~d to. heaung and coolm~ ~'qUlpnH'nl and ",ul'h pt:'rsonat property that is attached to the
<br />i.mproveffit>ots. so as to ("onstituu' a nxtull'; afl Hf wtueh. mdudln\;! !'t'plaet>mE>nts and addition~ thf'wto. is hereby declared
<br />to lw- a part of the real t's.late seruf?d h~' thf' liptl or this \lurtg:a~'> imd all of HIt' fort'~oinJ! hPing Tt'ft'rred to herein as the
<br />"Property"
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<br />Mortgaeor furthE'r convenanu. and agn'f!s. wtf,h \T(,rtga~H'. <1_" jollow~
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<br />1. Payme-nt~ To pay thf> mdt'btt'dm.~}. and tOt: liHen's! Iht'H'OIl a'1- pro\ldprl Hl thi!:. :\tort~ag'" and the Note-.
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<br />2. TiUe. Mortgagor IS tnt' OWIH.'r of thf' Propt'rt\, h.a"'- lh~ n~h! and aUlh(lnt~ !O mortgagt' the Property, and
<br />warrants tnat tht' lie-n cl't'ated ht~r(>by b a first and prinr h~.t1 (I-ll ttw PropNt\', l'X('t.pt a:. ma~' otht'rwisp tw se-t forth herein~
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<br />XJ The Property is sub~.t to a i\lorlga~ wtwn't!l
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<br />~ the Murt~~ recutded at B-ook ____. . Pa!!.,,-' ,if tht' ~1ort~ag(' Rt.'('()rd~ of ___,,_____.__,,__~_ County,
<br />Nebraska~ whicl1 MortgBgt' is a Ht'n priur to- till' lien r'll-atf'd ht-reb\
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<br />:KJ Olh~r prior li~n' or .ncumbrHn!", . Pl:"w:i.ential Life ~ Insurance ~_i1L AnEri ca
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<br />3. Taxes.. ..\.ssessmentA. To pay wnt"u dul.' ail la\.p.... ~pt"-.lal il~i:'.....,nwnts and aU other (~hargt:'s against lht' Propt'rty
<br />and. upon writLen dE"mand by Mortgagt>-t.... to add to tht.' payml.'nh rt'qul<<>d undPi tht' X'ott' s(1(..'un'd ht'rt'by, s.uch amount a..<;
<br />may be sufficient to t'nablt" tht" Mo~ to pa\' .;;uC'h !.ax("S~ a';tSt-~"mt'nts or O-uwr ('ha.rges as. tht>y ~romt1L dut'.
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<br />4. Insuranc:e~ To KH'P the imp-ro\.~nlt"nts now or htl.",'afu'r I(Katt.'d on lht' (('al t:'slatf' dE'SC'ribed ht'rein insured
<br />agaim;t da.magto by Clre and such other hazards- as. Mon.gagf't" may "'qulre. In amuunts and with \..umpani('-~ attt'ptablf' to tht>
<br />~. and with loss payablE" to tht' Mortg8ig,t't-".. In ('a.~' of lt~ und"f ::.Udl polit..'IPS tht' Mortgaget'- IS authorize-d to
<br />adjust.- colk>ct and eompl'O!D.i:se~ in its discNl-tton. all dauns th{'f\"und~'r at il\ ~olf> option, authorizt'"dtut'ltht"rappiy tht'
<br />p~ to the ....u....tion of the Property or upon the indfo"wdnl"-' ,,'rured ht'",by, but payments he....under shall con-
<br />lin.... I1ntil the s...m """"It'd h<m'by aw paid in full,
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<br />5.. D E8et0w For TAUS and IMIUllIf;;.." ~Oh'ltb'tandlng anything <on lamed in paragraphs ;1 and 4 h~"'of to th~
<br /><:ootrar)f. Morlpp ~I pa)' 10 Ih" M';'ft~ at Hw unle of paymg tile monthly installmcnts of pnncipal and int.rest,
<br />one--twelfth of the y-t'ari),t taxes. ~nts. hazard insurance prt'miums, ';'-'lOd ground Tf'nL'\ or any) which may attain a
<br />priority (Wel Ihb .r.t~, lII1 as ....llWnably estinlllt<'<l from tin", to Urn.. hy the ;lclortllail""~ The amount.s so paid .hall be
<br />llelcll>y tilt' ~ without mwftSt and applied to the payment of th,' Item' III n"'p""t to whirh ,uch amount.s w.....
<br />1'Iepooitt'd, 'fbto _ paid to MC>I'tpp<' h..reundPr.n> plO'dll"d as addition.i ".curity for Ih. ind..btedn.".. ,~<,un'd by this
<br />Moftpae,~rotlall pay to Mortpgft the amount of an" di>fk",ncy ""twee., the a"tual taxes, "'e..m~nl', insuran...
<br />, ~11l$ and.....ntt ....nta ami the dl'pOOilS h"",und.. within 10 days .rt... d,'mand is made ul'<'" MortgaloT ""I_ling
<br />peymmt thmtof,
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<br />6.. a.p.v~.Main~ aad Va. To promptly ft"paj"r. r\'stor.r' or f."build .!ln~ bUildings or Improvrruf'nts- now or
<br />~t1<M 'Ifl Ill<> ~)'; to ~ tn. l'ruJ!O'ttyltl good '''tnrlltlon and "'pair, without w..le, ond I.....' from m....h.mc" or
<br />~f~ ftOt e..-pft'IQI}' sVDonlu\,f;Wd l-() lht> Uf'n h('-~tt lHJt to mD-kt<" l!utter (if pt'f1nH any nUlQOt't' to t');l~t., nor to dinun.
<br />__ Of ~ Uti! ".ft uf the ~_)- h)' .\ny 3t't t)f {'1rnmion to a4:"C and h' ~orn~Hy Yo'HfI a.il n'qul"'",t'nli'l of {;tW 1\'lfh
<br />~ t<> 1M J>rupHt",
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