|
_._.._
<br />MORTGAGE A~ --'i~ t~ O 3'$ 0 ,
<br />Thislvfortgagefsentemd'intebetween, ~"icha'rd Lt. ~~tiilar.and_De#>^.ra_h ,T; Aguilar,
<br />(iusband and Wife ~ - - (herein"Mortgagoi')and -. _
<br />_~ ._ 'Five PUin[s Ba=~nlt_ - ~ __(herein."Mortgagee").
<br />Mortgagor is:indetrtod `tp. Mortgagee in the principal sum of x,15 , 950:61 ;evidenced by Mortgagor's note
<br />dated .ia ~ ~~a r ~ LrY 1 4Rle (herein "Note") providing-for payments of prirteipai and interest;:with the balance of the
<br />indebtedness, if not sooner paid, due and payable on " January .20; 1987 ,
<br />Po-akcttrethe payment of-the Note, with-interest aS:provtded therein, the payment of all other sums, with interest,
<br />xdvencrd by Mortga~¢ to genteel the security of this Mortgage; and the performance of the covenants and agreements of
<br />the Mort$agar;mntaletadehetrein;rMortgagor-does hereby mortgage. and eofiveg to Mortgagee the following-described
<br />prcSperty Ihcated in Ha11 County; Nebraska: ,
<br />Lot Seven {7) in Block Qne Hundred Twenty-.'s'in {129) In Union'
<br />Pacific Railway Company's Second Addition-to the Gi[y of
<br />Gland Island., Ha1T Count-p, Nebraska
<br />__ - Together with all huGditigs, improvements, fixtures, streets, alleys, passageways; easements, rights, privileges-and- - - -
<br />appuitenarfces located thereonor in anywise pertaining thereto, and the rebts, issues and profits, reven:ions-and remainders
<br />thereof`; including, :but not limited to, heating and cooling equipment and such personal property that is attached t6 the
<br />-. - improvements so as-to constitute a fixture; all of which, including. replacements and additions thereto, is hereby, declared -
<br />- - - to--tom a part of-the resi• esute secured by the lien z># this Mortgage and alt of the foregoing being referred- to harem as the
<br />"PmpartY.,
<br />- - - ~- Mortgagor furttier mnve~ants and agrees: with 141ortgagre,.as.follows: - - - -
<br />-- - - - ----1- P:ymeM. To pay the indebtedness and the interest thereon-as provided in this Mortgage-and the Note. -
<br />- - - 2:-Title. - Mortgagor is~the--owner-of -the Property, has the-nght and authority to mortgage the ftoperty, and- --
<br />- - warrants that the kicn _created hereby is a firs8and prior lien on the Property, except as may otherwise be set forth herein.
<br />- - .Q Thin property is subjece.to a Mortgage wherein ___. _ __~..____~~_. _ - -
<br />- "- --~is~the Mortgagee, recorded at Hoak ,page _~.._____. of the Mortgage Records of - County; - - - -
<br />- -~NeDntska,-whitdt-Mortgage dt a lien prior-to the lien crnated-hemby. - - - - - -
<br />L3 Other prior lions or:encumbrances: ~. ~..~. _ _~_._ ~_._ _~~_._
<br />3. Taxes; lmants. Tb ptnr when dun all taxes; special assessments and all other charges against the Property
<br />ppd;-upo?t written detnarid by Mortgagen, toadd to ttie payments iequired undertheNote-secured hereby, such amount as
<br />twy:be:sufficfent to e~bM-:the-Mortgagee to paystteh taxes, assessments or othereharges as they become due,
<br />--~. Itmteauee:~ To keep the- impravements~now or bereaftcr liacateel on the~real esiate.ilesaribedherein insured-
<br />. , agairtsl damage by fire and such aGher hazards- as A4ortgagee~may require, in amounts and-with eompaniesacceptable to the
<br />Siorkgagee, and with loss payfthte~ &) the-Mor!$ageer ln,rase.af loss under snare. pirticres Ihe.itSortgagee_is authorirxd to- _
<br />adiutt, colteat and eogtpmtatae;,ia it discretion, aU"clalma thereunt~ar at its sale,opt{tm, sathorized tueithetapgfy, the- - -
<br />prnceedsto the restoration of the rroperty ar<apun the indebtedue~ secuzed.herehy,-but payments hereunder.shaR eon- -
<br />tiuue unfit the surtu secured tet+aby-are paid in.;fnli. - - _ - ~ -_ - -
<br />5. C7 Farrow For Taxes and_Trmrraoce.' Natmithstanding anything contained in paragraphs 3 and 9 hereof to-the
<br />awtrary, kortgagor shalt pay to the Etbrtgagee at the time of peying_ the monthly iostallmettts of pNiieipal:siodirtferest, - -
<br />ooe-twelfth of tha yearly taxes, assessments, hazard insuranceprerd5tma, ants<grtiuttd recat3 {il' anyjwhich may.aktain a
<br />priority over thte MvrtgaRr, all at reasonabky. estimattxi from time ta:tline by the-Mottgagee ~Thr amoniita sa ptid~shall~ lie. -
<br />tietdby the.Mariga~ee without interest and applied to the psyment:uf"the items 3n reaper[-towhtehsuairamounfn-were.-
<br />` bepnNited. The aama paid to Mtutgaree hereunder are pledged as aitdltionat security for the indehtedrtess secured bythis
<br />L 16ott{abe.~lurt~orthaUpey to 4SortgaQee the amount of any deficiency between ttteactuaFEax~s,aase~tnents, hxsureneR
<br />peatafuun And rroaadrentY and the. dapostts hereunder within 1U days suer-demand tY tootle Lpari Mortgagor regpeatlag - -
<br />p~yantvtt thereof:
<br />&. KaYa!+r, Maittlenrace tad tlr4. To promptly repair, restore nr rebuild any, bulldmgi arimptovementsnowot
<br />- ba~xitfter twthe. Nropvrty; to.ft5ry the Property in good condition and repair, wirhout.wasta~and:ftce frotrt mecttsnk'a or
<br />Othertiaat oat rxprva.iy auboulSaslyd to We lien hereof; not to make, ruffer urpet~tlt atty. nlliaanCe to axlitt, nor to dimin~
<br />eih. err turpak the iratue of the 1'itspetty by my act. ar rsmixsion tc, net, and tot~+mply w1tA~all~regttieemants ot.law tv#tlt
<br />nvlf+ctW the Prraperh.
<br />
|