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<br />MORTGAGE
<br />'t'liis;Mortgage isentexedinto between Hedgeco'clc Farms, n~General Partnership`
<br />- ~ .. (herein "Mortgagor") and
<br />__ F1vE POiN2'5" BANK ~- -- - -- -_- --(herein.,'Mortgagee").
<br />Mortgagor is indebted to Mortgagee ire-the principal sum of $~ SS nnn nn ,evidenced by Mortgagor's note
<br />dated a 2/4/g3 itierein "Kota") providing=forpaymentscf principal_antlinterest, with the balance of the
<br />indebtedness, if hot sooner paid; due and payable on_ 12/4/84
<br />Tiisecurethepay(nentoftlteNote,withihtexest,aspiovfdedtfierein,thapaymentofaitothersums,withieterest,
<br />advairced'byMortgageeto=protect the. security of this Mortgage, and:ttie performance of the covenants and agreetnents of
<br />-.-the.Mtirtgagarcontai%led:hetein,MOrtgagordoesheretty:mortgage.andionvey_toMOrtgagee.thefollowingdescribed
<br />r,:t
<br />property located in f i,;-1) __ ~ P.ounLY, Nebraska;
<br />,- ~ The vilest Half of the Southwest Quarter {W#SW}), of- Section_T~.e?nt:y-Nine {29),
<br />-- - .Township Ten i.1Q).NOrth. Range Eleven (11),-West d£ the 6th P,M~., Hall County,
<br />'Nebraska) ahd
<br />Arr unziivid2d one-half (#) interest in and to the Northeast Quarter fNS,) of
<br />_ ~, Sectioti.Twanty-Nine (29), Township Ten (10} North, Range Eleven -(-11), West of -
<br />the. 6th. P, . M„ £?all County, Nebraska, except 3.71$ acres thereof deeded to . _ "
<br />the County of Hall, as shown in the office of the Register of. Deeds of-Hall
<br />County,-Nebraska, Boak 104, Page S91
<br />- - -Together with ati buildings, improvements, fixtures, streets, alleys, passageways-,. easements, rights, privileges and -
<br />- appurtenances located thereon ar inanywise pertaining thereto, and the rents. issues and profits, reversions and.remainde~
<br />thereof;` including; but not limited Co, heating-and ceotiitg equipment and such personal; property that is attached to the
<br />improvefntxitsso as to constitutes fixture; al{ of which. inc~udingreplacements and additions thereto; is herebydeelared
<br />- - -to. tre: a part of the real estate secured by the lien of this Mortgage and all of the foregoing being referred to--herein-as ttie
<br />..~lR~"-
<br />- - - - Mortgagor ftrriherconvenants and agrees, with Mortgagee, as-follows: - -
<br />- - 1_ -Payment. To pay the indebtedness and the interrst thereon as provided in this Mortgage and the Note; _ -
<br />-. - - - 2_ Title_ Mortgagor is the owner of the Property, has thr right and authority to mortgage the Property; and -
<br />- - - warrants that the lsen created hett~by is a first and prior hen on the Property, except as may otherwise be set forth herein.
<br />- 2zJ The. Property is subject-to a Mortgage wherein .,.-s.itte-L'ai.at ~ Bnnk -_ ~ - -
<br />istheMo t~ocs. i3 81-00'"$66
<br />rtgagee; recorded at ~rxx YYttxxxxxxx of the Mortgage: Records of F3if11 County;.
<br />Nebraska,' which Mortgage is a ties prior to the lien crnaki•tl hereby.
<br />^ Qtiterprioriiensorencumbrances:_.....__-_.__--._....__.__...._--_.___.______._.--_.-
<br />3:-~asaa; Asacsenents. To pay-when due alt: taxes; gpeciat assessments and all other rfiarges against the Property
<br />and,. upon written demand by Mortgagee, to add to the pyymen+s rnquinKl under khe Note secured hereby, such amount as
<br />may-be auf$eaent to citable the. Mortgagee to-pay such taxes, assessments or other charges as-they become due.
<br />-- .. 4. Tgzurance... Ta keQp the improvements now-or. herea€teriacated on the real estate described herein. insured -
<br />-.-spinet damage by frre~attd such other hazards as Mortgagee may require, in amounts and with companies aeeeptabie W the
<br />Mortgagee:;=and with: focs;payab~ to the Murtgai~ee. tn,-case of loss tu'zder such polecies the Mortgagee is authorised to
<br />adjust, correct and com;pmntiae, in its discretion; sU claims hherepnder at its sole oplian, zuthnrtied to either apply the
<br />proceeds to the resunatiott of tbe,FroperGy or-upon the indebtedness secured hereby, but pa}manta Lereunder skull eon-
<br />tintat untilthe sums secsued hetaby:are~.paid enilttl. - - - - - - - -
<br />5.Lt P.aerow Por Tare; and tnsuraaee. M1otwitFistandiag aiiythiug contained in paragraphs 3 aad 4 hereof to the
<br />cY,ttfsary, Mortgagor shall pay to the. Mortgagee-at the ttiae-uf paying .the monthly inetattmen~ df prncipal and interest,
<br />one-twtittb of the ycady !axes, assessments, hazard tnssiutice premiums, and gmund-rents {if any) which mayattain a
<br />priority aver fhb Mortgage, ail as rearwnably estlmnted from time io-lima by the Mortgagee. The ampultt~ so paid shall be
<br />bald by tits JNortgtgec NiWtottt interest and applied ro lire P~Ymant of ttte items. in respect. to whichsuch amounts were
<br />deposited. 'fee aumi paid to Mortgagee hereunder am pledged aa-addit'eonat security for Lheindebtedness scanted by this
<br />. ldottgape. MortgaROrshali pay !o Tatoriga~ee the amount of any defieianey IiatwtKait ftte aettiatxaxes, asseastgenfs, inauraatx
<br />ttresstuats ahd grannd rents and the deposits hernunder wtcttfn l0 days:ttitet.demuidis made upon MOttgsgor requ~ating
<br />pnyyn+ettt thereof.
<br />& ReFwis, Mamtenitnca and Use. 9b prtttnptiy repair, ri•sk~tri~ or rebuttd-any. buildings or [mptvvemenls now or
<br />hirturttar as tNa Properly; to keep the Property in bond nxtdition and report, without xxstasaad,freelrom meetnnic's~r
<br />oihayt Tim ink aXprexpiy suboadtnated to the }ieo hrnwt, not to snafct~, softer ar prrutic any,nbisariee to exisk, nor to dlmn-
<br />rib vk Wpaic the value o[ thr Property by any. sci or omisuun w act; gaL to ctztuply with.ail:requtramancs of late wt(h.
<br />respwi in the t4aparty.
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