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<br />MORTGAGE
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<br />83-0011'73
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<br />ThlsMOrtPgeisenteredintohetween Trinidad J. Agu.ilar & Bonnie Jean Aguilar, Husband
<br />'WIfe, each in his and her own tight and as spouse of th", (~erein"Mortgagor") and
<br />other
<br />FIVE POINTS BANK (\lerein"Moltgagee"),
<br />Mortgagor is indebted to Morigageein the principal sum ot$ 2,806, SO , evidenced by Mortll4llor's note
<br />March, 8, 1983 (herein "Not..") providing.for payments of principal and interest, with the balance olthe
<br />March 10, 1984
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<br />indebtedness, if no. sooner paid, due and payable on
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<br />Tosecwethepayment of th& Note, .with interest as provided therein, the payment of all other sums, with interest,
<br />ad'vancedby Mortgagee to proteet the security of this Mortgage, and the performance of the covenllnts and agreements of
<br />the' Mortgagor contained herein, Mortgagor does hereby mortgage and convey to. Mortgagee the following des!'ribed
<br />
<br />Hall
<br />
<br />property located in
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<br />County, Nebraska:
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<br />Lot Four (4), in Blook Fifty (50), in the original town, now City of Grand. Island,
<br />Nebraska, and a strip of land 20 feet by 132 feet along the West Side of said Lor Four
<br />(4); more particularly described as follows: Commencing at the Northwest Corner of
<br />LorFour (4), in Block Fifty (50), in the Original Town, Now City of Grand Island,
<br />Nebraska; running thence in a Southerly Direction 132 Feet to the Southwest Corne.r.e
<br />of said Lot. 4; running thence at Right Angles in a Westerly Direction 20 feet;
<br />running thence at right angles in a Northwesterly Direction, Parallel with the.'
<br />Westerly Boundary Line of Said Lot 4, 132 Feet; ru'nning thence at Right Angles in
<br />an Easterly Direction 20 feet to the Place of Beginning.
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<br />TOfICther with all buildings, improvements, llxtures. streets, alleys, passageways, easements, rights, privileges,ond
<br />appurtenances located there<m or in anywise pertaining thereto, and the rents. issues and profits, reversions and-remaindelll'
<br />thereof; Including, but not limited to, heating and cooling equipment and such personal property that is attached to the
<br />Improvements so as.to constitute a fixture; all of which, including replacements and additions thereto, is hereby declared
<br />to be a pait of the real estate secured by the lien of this Mortgag<! and all of the foregning being referred to herein as the
<br />"Property",
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<br />Mortgagor furlhrr convenants and agrees, with Mortgagee, as follows:
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<br />1. Payment. To pay the indebtedness and the interest thereon as provided in this Mortgage and the Note.
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<br />2. Title. Mortgagnr is the owner of the Property. has the right and authority io mortgage the Property, and
<br />wammts that the lIrn created hOlreby is a first and prior lien on the Property. except as may otherwise be set forth herein.
<br />
<br />o TIle Property is subject to a Mortgllge wherein
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<br />is the Mortgagee, recorded at Book _ , Page _ of the Mortgage Records of
<br />Nebnsb, which Mortpge is a lien prior to the lien created hereby.
<br />
<br />County,
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<br />o:l Other prior liens or encumbrances:
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<br />3. . 'I'D.,. ~ To pay when due all taxes, special assessments and ail other eIuirges against the Property
<br />!Ild. upon written demand by Mortpgee, to add to the payments required under the Note secured hereby, such amount as
<br />may "" suftleientto eMble the Mortpgee to pay wch taxes, assessments or other charges as they. become due,
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<br />4. '~'. To keep the improvements now or bereafter located on the real estate described herein insured
<br />qIliJIst damqe by ftre and such other hazards as Mortgagee may require, in amounts and with companies aCC<!ptahle to the
<br />~,_aIldwlth lOIIlpay~e to. the Mortpgee.In case of loss under such poIicies the Mortpgee is authorized.to
<br />adluat, Colleot and romptOIIIiIe, in I1s dlaeIetion, all claims lhereundel' aUts sole oPtion, authorized to either apply the
<br />~. tothe.~ of. the l'l:!lperty or upon the indebtedness tecw:ed hereby, but payQ1ents hereunder shaIl con.
<br />""'.' un~ dMt~ JeCIIled hereby are.paid in MI.
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<br />l.'O!llGlew 1'o(.'l'Des aad~ NotwithstaftdinC anything contained in paracraphs 3 and 4 henof to the
<br />~~abllIlpaytnu...~ at the Um& of paying the monthly installments of principal and interest.
<br />~Ot:_~~ _tlI, ~i_premi\llllS, and ground !Cnts (if *Ily)wbich may attain a
<br />~.~ __MllrtDIe,aIlaU_oubly esU_led from tillle to time by the Mortp&ee, TIle amounla so pald shaIl be
<br />\lilIl4b.r~;~ ~iD"'1II4.pipIled to the pay_t of the, iie_1n mpeet to which such amounlnere
<br />~..,......_.to~~f are phHIced as addition>> aeewlty fOf the indebtednes aecured by thia
<br />'.~ ~1i\l.J..r .~.to~thealll,OlUltof uydetlc:letleybetween the,.actuaI tax.. _Sa. i_
<br />.~IlI4~...alIdthe ~~ :wlthlIlIO days after demand 1$ made upon MortplIOr req_lIna
<br />,~~
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<br />_'. : . .......... Jt1'Trill:4.1rtt-.d u.. To PftIIIIlIdrnpaif,ffttor\!. or rebulldany bIIlIdiJlp or improvemenluow or
<br />~.~b~'lb'lto.~the ~"taod ~an4npalr, withOllI....and free.trl;Jm mechanle', or
<br />~..._~~to..u.~ftGltto\1lllb, sutter or pemHtlllY .nw.nce to exlat, nor 10 dlmin.
<br />..Qjf\ ....\liit,--~-~by ~ _ori.JllllillloRto &Ill: and to oompIy with JlI ftQu!ftmenll of law with
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