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<br />11th Mortgage is entered into between ITouglas C_ Krueger and -Elizabeth M. Krueger (also " '
<br />known as Bett}*'M: Krueger), husband and.w9fe.
<br />(harem "Mortda~or").and
<br />C:xTY„SI~'1'I..QN~Ii BANK ~p T12UST COMPANX, AASTINGS' NPB12ASfCIt (hercfn "Mortggae"):
<br />Mortgagor is indebted lw <kortgagee itr. the. principal<sum of ~: LSIl,,,pllfl:ilti , e'videnoed by Mortgagor's note
<br />datxd " February 1: 198k (beta "Note") providing for paymadts' of principal and interest, with the balance of the'
<br />indebbadneat; ifnot sooner paid,-due and payable on_ February. 1,L 2004,
<br />Tosecuce.the payment of the Note; with interest as:pmvided therein, the-payment of aiL oWersurru; with interest,
<br />advanced by Mortgagee to protect the security of this Mortgage, and the.pedormsnce of the eavenartts and agrcamen4 0[
<br />the- Mortgagor contained herein, Mortgagor does hereby mortgage:ahd convey to Mortgagee the':following described
<br />pragteky-located in Naina Ttnn ~ Ha"7 7 Cdunty, Nebraska:
<br />The Southwest Quarter (SW~) of Section-30, Tamp. 4, P.nrtge 8, Aamilton County, irebraska
<br />EXCEPT - A parcel of land in the SW=4, more parti,eularly described as follow
<br />Beginning at the Southwest corner thence 937.2 feet East: to the place
<br />of beginning; thence 171.6 feet East; thence 7.78.2 feet Nosih;:,thence
<br />171.5 feet West; thence 178.2 feet Sou eh to the place,.of.beg.nning,
<br />containing ,7 (seven-tenths) of an acre, more or less xri Section 30,
<br />Twp. 9 North, Range $ West of the bth P.M., Hamilton County, Nebraska.
<br />AND - The Southeast Quarter (SE'z) of Section `L$, Township 9, Raitge 10
<br />Aall County, Nebraska.
<br />Together with all buildings, improvements, Extures, streets, alleys, passageways; easements, nights, privileges wd . -- -
<br />appurtenances located thereon or in anywise pertaining thereto, and the rents. issues and profits, rcversionaand remaiadeaa. -
<br />thereof; including, but not Limited to, heating and coaling equipment and such personal property that is attached to.the
<br />improvements so as to constitute a tixture;.al} of which; lncluding:repiacements-and additioos thereto u hereby declared
<br />to.be a •parr. of the rest estate secured by the lien of this Mortgage and all of Che foregoing being.referted: to herein as the.
<br />Mortgagor further convertants-and agrees, with Mortgagee, as follows:
<br />L Paymenk 3'o pay: the indebtedness and the" interest thereon as provided in this Mortgage; and the Note.. -
<br />- 2. Title. - Morigagar,is the owner of the. Property,. has the-.right-and authority to modgage the Property, and-: --
<br />wamiots Ehat.lhe lieu created hereby is a first. and prior lien on the:Prnperty, except as may otherwise beset fortti;heiein.
<br />- - - ~ -Q! The- Property is sub)'ect to s-Mortgage wherein ._..__ - ~ - .
<br />i6 theJ~tgsgee,-tecotded.at Book , Pagc of the Mortgage-Records of County,:.
<br />Nelunka; vrltich Mar/gage;ha,lien prior to the lien created htrcby.
<br />'3.Otber' prior liens or encumbrances: _,_,
<br />3. Taxer, 4stesptneat& 1'o pay when due ail farts, spesial,assessments,9nd:a11 other, chargeg-against the Properly ,
<br />and, upon written-demandtiy Mortgagee; to add 4a the pagments required;tlttder the:Nate secutedhereby, such amount as
<br />tnay be wfficient la enable the Mortgagee Lo pay such taxed, assessments pr other chaiges as they beeome,due:
<br />4. losaranee~ To ktep the. improvements now or hereafter located. on the teal :estate ttescribep iie[ein-insured
<br />agaitW damage by fro and•sncti otlterhazards as Mortgagee may require, in amoyntaaad with ccmpaniespceeptable to the
<br />Mortp~ee, and with loss payable to the Mortgagee. tri tads"of-loss under-such policiestha Mortgagee"isauthorized~to.
<br />- -adjust, cdlect and camprotnise,. in its, discretion, aB claims -fhereunderat iks sale option:, auiharized to eitherapplytde -
<br />proeeeds to the reatontton of the-Property or-upar ttie-indebtedness secured:hereby, but payments hei+eundars6a11:con-
<br />timeunUl the sums rewuitred•bcteby=are paid tnfuti.
<br />S.:~ F.serorr For Tazea and Iruarcance. ~otwlthstareding anything cottiained in paragraphs 8.and..4heieof:to the -
<br />couturY, blortpgor. shall .pay to the Mortgagee at tlar time of plying the monthly ;rnstaltments.Of prinetpai and:irilerest, .: - _
<br />one-twbifWot the ytarly taxes, a~urrmx~nta, harard insurance premiums. and grputtd"rents jif any:}wiftQkmay attain a
<br />pderity Aver this .Mortgage, ill r reasonably ralitnated [tom time t1~ time by the,Mortgagee. The amounts w paid shall ba
<br />hdd by the Mortgagee wititQUt in Wiest and applied to the payment. of thQ itema,inmapect to which such amounts weirs
<br />dep4tik-d.'itteeuau Wtid to Mortptpw hereundvrare pledged a_s additional sva~trtty:fotthe indebtedness secured by_thi4.
<br />)10aga~,afOetgagarrltall pay. ta-Mortgagee tht, amount of any de4eiency between.tdtlactual:taxes,aasassmGnta, insunnca
<br />p4mit+eMand erwnd renu and the dtpocits hereunder «ithio lU days aftei ddi~ad iS~da•ap9q MaetttiterreQuea~iifg
<br />_ payaswt thateof.
<br />a Aepir, Maim attd ttsa. To promptly repair, n~swre or rebuild any hu{tdingt°ardmpmvemenb:now-or
<br />Retvaflerun tM Property;-[o keep the Property in Red condition -nd repair, without want@, turd free-from mechaak~ or
<br />cline keels mtotprr+Wy wMkdloatad W the lten hereof; not to snake. sutler or permit any huisan+ceto exlat, nor to dimtn-
<br />isb oe lspair tht ralw of ttu~ hupert} by any act ar omission to act, and to comply w~tlG aU requirc~,nta of Iar-,Mitt1
<br />-- 4pedlutYa ~rty
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