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REAL ESTATE MORTGAGE g4 ~-Ci0751
<br />i0pen-Ends To Secure Presets and Future Obligations and Advdtxes)
<br />KNOW AIL MEN 9Y THESE PPESENTfr That Stanle B- Garris, Jr. & Mar 29. Garris
<br />-~- -_--. ~______ __. , if mdiviouals.
<br />)dntry arw severalty, resMing m _~~11 _,__ County. -Habra ska _ _ ___ _, and d a corporation ar nth@r business entity, wdh its
<br />pdnetpal DMCe of bp5lness in _ County..-----._-.-.__.__, Inerematter referred to as "Martgagor"I in consirf@ra-
<br />tion of alt Mortgagor's inttebtedrless, iiabrtfties. and bbbgdtions to C3atmer~i,.a,t _ Natkgzyal Bank & Trust Co . _
<br />~ $~ T 1 Gounry. State of Nohr-ek° (~ ~MOngagee'") now existing ar hereafter inrurred, antl other valuable consideration in hand paid.
<br />doss tkreDy seu and convey uma Mbngagee the tpnawing descnbetl premrses snuated in Hal l__ _ ~. ___ _. _ Gounty ana State of Nebraska
<br />to-wiT
<br />f
<br />South One-Half (s~i) of Lot Ten (10) & all of Lot Twelve (l2), Block Fourteen
<br />- (14), College Addition to City of Grand Island, Hall County, Nebraska.
<br />together with dll at the rgnt. IrUe and interest of the Mortgagor ;n card propeny nOw owned or hereafter dcduued antl au Duutl:ngs. Improvements. antl Hxtures at any typo
<br />now or nereatter pfacetl nn sa+d reds Cropeny antl au easements ngh(s appurtenances rents +oyalires on ono gas rights ono prolils. water water rights, and water stock.
<br />dn0 d(I tixturBS nOw of nereati¢r at!aGned .0 (ne tareg0ing dpSCr+DCtl prap¢r1Y dll Of which :nCiUdlnp rrr1,{~Fmenis dnd ddtlrtl0n; therein snap he deemed f0 be and remain
<br />part 01 the property covered Gy tins Mortgage AI! pt me laregamq property ShdU De cINiecirveiy nCrernallel rc!ertBa fn as the Remr585
<br />This mongage rs green ro secure a cnnam promissory note dated February 7 , 1584 ,,, the onncrpal sum of Tt?enty=One
<br />-- -- - ..
<br />Thousand Five Hundred Dollars ----- --- .tenor; ls21,,500.00 _{ and:meresunkreon according fo me terms of
<br />5altl note and any ann ski Bxiens+OnS renewals rnOtldreatmn5 ar soa;ptuitOnS lnerept dnd earn ana everyy aebi !~abYny and dbngdROn or every type and description wh¢h the
<br />Mwtgagar may now pr at any !Tine hereafter aw¢ ?o (ne Mangagee wnBiner soon debt I~an+Oiy or ooLgatian =uw ez!5t5 er 4 or may be, tl•r¢ct or mdrrEDl tlue or to become
<br />due, aDSatute m conuMJenl. primary or seconeary Oawaate6 or un!iguaated. pr tn!nt. sBVeral cr ;mnt antl sevtral dl1 such tleD!s I;andmes and dbhgabons dll collecllvely
<br />heretnatter reterrEd to as Ubaoar+oas
<br />The total prrnc,pal amount. excWSwe of rmerest, of !ne 60ugatipns inc!udmg any tutur¢ dents anvanCes eaDUmes or pmrgatrons. not mWUamg however any sums ad-
<br />vancedfor the Drntedhop of the Premrses pr m¢ Mdrgagee s ~mlerest th¢rem 5nau not exceed ink sum c; Forty-Three Thousand Dollars-----
<br />__~____._.____._____.._______.._.._____6or!ars ls_43 Q00_. QO __ I provraed. rowever that homing contametl herein shall constitute
<br />a cammnmen( t0 mdkE dddmonal or future !6dn5 pr dava0dks rP any amount
<br />TRQ Mortgagor n¢reDy warrants !hat a u tee Owner p' the roortgdgeC rka! prppEr!y +rrdl ii w+l! dF!Bnd !nC tine dgdrnSi all cid+mdnli wnOmSnever antl A reting015nes all
<br />ngnts Ot nOmeStedd +n Sold P.pm1$k; dnd LOVCndn15 d•"W dgrCps w'nn tn¢ Mortgdgek as rOiIOW;
<br />i TC pay WOEn dUk dll /dxES l~¢ns. iUUgmeMS Or aS;ES;ment5 which mdy De :dwtui+y' assessed agd+n~! Ine P~emi5B5 dnd me ren(ar charges upon any teases assigned
<br />as adortrana? sECUnty 'ar this Mortgage
<br />Z 'a insure and keep msurBd (nB Prem+ses a^d crner imprcwemen±s new on or winch may nereanar DC placee pn sdm P•em+ses to the satstacuon of the Mongagee.
<br />Any parry ewtlernng such insurance snap ice BntlOrseo w~lr, a mangagee loss Dz7anle da+se app+aved uy anC m taus pt Mortgagee dnd dEposded wnh the Mortgagee and
<br />wrtn any Lass tnereurder Ia pe aayaalB +o Mortgagee A! the spnan a! the MortgagEE sums so rBdervBtl try Mpngayee or Mortgagor may ae used to pay for reconstruction of
<br />the deSpnyBd PfEm15ES. 6r rt rapt 5a dpDr'kU may 3I Ink ophah at inp MongagEB. De apRtien +n Ddymkn! al a"v aiigdhpnS md:Urktl ar unmalVleU SELarkd by fh+5 Martgdge.
<br />3 ?p kBBp au Dur;mngs occup+pa znd ;n good reps+: a^p !e retrain tram tnB comauss,pn pt any acre a. +trnoss. Qern04DOn. o+ ;mpaumant of the Premrses. nW to tutor
<br />reRWVE. 0r DBImd to pB cut ar fBmaVEd, any'wdatl pf tlmafN hOm yard real pfdpCny. dnd nD'. fO Commit Or p¢rm~1 any waste ar rmpdfrmBnt rat the VdtpB of lR¢ SECDr11y:t0 dOntln-
<br />Vousty p+actidk approved me[hais of tarmlrg p:t sob PrBrrXSES. to prevEnl Bros?on and (he soreatl of npxiaas and damaging weeds. and ro preserve the lertildy of !nB Self.
<br />a ihdt a+I InOney a't0 awards pdyadtk a5 damages or Campensauori 1@( ihp tdkimg Dt dilB 10 Or pp55e5sI0n Of. Or lot tldmag¢ !0 dny ROrIrOn 0t {he Premises py rea5pn al
<br />any a0ndemnatwd. ememnt tlOn:arn change at erode ar ai":er prDCeetling shalt. a1 the option d1 Ine MmiaayBe. De par0 to the MWlgageE. and Suoh moneys and awards are
<br />nerEDy d5sagned (fl MongagCe. ono lutlgment ther@1ar shalt Dk enlemtl m favor of Mortgagee. and when paid snail be uSEd. al +iS option. tpwdrtl the payment at the Obrigalians
<br />secured hereby in suG+ortler w manner as Mortgagee may desire a determine. w sndti De used at .IS option, toe payment at taxes: assESSments:~*tpairser=dUyrilems for (ne
<br />payment of wtucn this Morigag@ rs grvEn as SECU•rt} wnetrrer ine camp DE tn¢n ouB a not. antl +.n sutra order or manner as Mongag@@ m3y~'ilE1~iiX?yYE, ,4~„1'~J' any mount not so
<br />toed shat! ap rEleased 6y the Mdngagee t01nt Mortgagor SuCn app4whnn a! ,¢IedSe snort !1nI Cure or wdwE any default Or fa'ttfClpSlltB ptaaBedmgs 'rt RIB ~nt Mortgagee
<br />tleems rt nepassary to appear m answer m condemnanom action. manna or proceeding. Mongagar shall pay aii3egal expeFlSes fn-sMneetl0d ittEV@la+ln i -todypg put not lim-
<br />Red (R attarnByS teBS antl court c0515. dntl Unt'I 50 paA. SVCh expenses. with miE'PSt of the ralE 01.1'4"' 7'~_ percent. Shan b@ ddd$d Iti the'"QTiI[g2. r - ': ECUr@d h@r@ny jn
<br />Such mdnn¢r or Ordtr a5 Mortgagee may dESOE 6r de(INmnit rawnq InE Den¢frt Gt me Iles Crpol¢d nEl eoY as a port h¢rBa7 and Ot n5 pr10rNY
<br />5 Tnat m me Brent Mmtgago: sans to pay when out say lazes rectal charges upon airy Teases ass+gneo as adalnanal secu[ny Iar this MMgage. hens, ludgtrMntS, m
<br />aSSessmeb(s iawtptfy ass@55Ca dgdrn5t !ht Promises Or tarts tc mdmtam insurance ds nerembeiDfE Dlawoed. MCngdge¢ maY make such paymem ar provide such rnSV[ance.
<br />dfM tnE dmaum{SI paid ih¢rE:ar Sndl: DecomE a pall pi InE Gbxgdtwns 5BGU!ktl n¢r@oy. due and pdgdDte +m!ngd+ateiy. ana ;hall DFdr InIkrBSt at (nB fate of T 6. n percent
<br />D@r anmem from and at iha tlme the Mor(gageB makes suc* paymaN
<br />b. That in the event Mortgagor dktau+ts m Ine paymem a! any of m@ Guuganans or of anq +n!erasl (hereon. fli in¢ hmE when the same shalt be due. dr wdh respBOt to any
<br />coyenanl W tlMidlUDn heron:. 1n@n. at Ine Optlan 01 Mortgagee, mE EnbrE QDf+gaDOns SkaurEo nerEp}' snort Iprittwrm DpCCme dUe dnd pdydbtE, and Ine MOrtgagee~may Im-
<br />rtMdiatBiy inreetpse this Mongage or pursue any u[rer avaltaDie legal remEdy. in th¢ event of any action Dy Mongdgee Po enforce coltedhon of any M the ODngitions secured
<br />hereby, the Mangagpr agrees that any expanse inauorng wnROUt nrmtahon dttarneys' lees ana costs incurred in cpnnEDborl ihErewnit or ~ncuned to prpcuce ar extami an
<br />abstract ottiba Shah, wimn mcutrea ar paad by Mortgagaa, Deeome a part dt tine Oatrgawns secured Hereby and snail De paid by Mo»gagor together wish ag el the taxabb
<br />COSIS at suon. aUwn.
<br />7. ThatlB the event any at:[Mrt is b(DUgn! is fareGiase ih+s M+utgage lot ail or any part of Ua Gbirgahpn5 se¢ur@d nEteby_ the Mortgagee shall be entitlBd td IlnJt(Bdlate
<br />possession of the mDngagad Rremises, and the coutl, ar a judge tharent In vacatrnn. may ap~mt and tbB Morgagor hereby ponsenls to the appointment o-i a redeivar la lake
<br />posseSSipn of Sold PrBnvSeS to colter! and BdEivE lEms and profits anSmg InE(efrOm, and ham any moneys sd Catiealea, to pay taxes. prantle in5u2nae, make needed le-
<br />pL751a Imp/4y¢aY@n1S Upan ibE PtemiSas, dfid mdkE dny dinar txdenditpras dV'.nOnECtl by fns GaUrt, and dppky dny Sum rEmatning attar Ine pdymem of sacra aVlhOrlaed ex-
<br />penduures'rpon Ine Opdgatipns
<br />8 Tnat tauut@ or d@kiy ai MottgagEe so exarctse any of ,t$ ngnis nr prndeges or td insist upon strict performance of any covenants ar agrekmertls of Mdngagar eanWim
<br />ed to this Mongage sraii rtaver pa Canstruetl as a warvar of any requcremBnt dr oDagatron of Mortgagor ar rght or remetly of Mongagee Damained rn or based upon any of the
<br />terms, provtsams.. agreement<- or Cdvananis at this Mongaye a any future defaults
<br />g. That in rasa of default m the payment of any of the 6bugauons a to case of payment ay Mwtgagee of any rich. judgment tax. ir,;urance, cast, or expense, said
<br />Mortgagee shalt hove U@ prrvtlege, wrttwut dediaring the whole mdetrteddess due and payaDle.. to tarack3s@ an account of such specdid deiaun !or such Obtigauons as are in
<br />tfNautt antl sUdh totecbsura proceedings may D¢ Rod and the iatW d@scrtoed hErem may De sold, subjent to the unpala 04hgahons RerebY secured, arts tins Mortgage shall
<br />tzrltlnut a3 a lien tilt arty unpa{d balance at tRe OW(galions.
<br />10. Mottga8er assigns and delivers to the Mortgagee a(i right, t+11B, interest, and demand m and tp rents ana pistils o1 [he Premrses and aces assign to Mortgagee all
<br />taasea,ol the-RteNeses crow m numVtec made, wrid¢n at atv„ and odes ampowsr Mortgagee tp cdiact and receipt far all rents Mortgagor d+rects an tenaMS fD pay. rr;atdue or
<br />td-LIKMEE-due to M~tgaglE, TAe term oY Chls asskgnrtrant Is until i_n@ Obtigauortt era fully paid Tfrrs asstgnmam snau rant tsw.brne opEranve unless ae:auli is made in mE
<br />txnr+enYltS, tartns, and cot+Mltans of arty of me Oak~twns ar tn!s Mortgage
<br />t t, d-arty SMn dt the Wemdms.ate tyaastetteAM' SoW wlitewt rim paro± whiten c,ansert of the MprtgagEe. SnE Oaugalwns m~dy at IM! eptwn of me Mortgagee fie dedtarod
<br />trnntedfitety date Mtfl payable Hid fr^aa Mangles may be WrECWe@d de 5M torch m paragrgph5 6 and 7 of ants Monyaga
<br />Lr~sspitii&tPtons G a dt# s3an3 asdencumbranceswnatsaev@r excEpr B_guitahl~_ Buildt~tg S~yin~is & L~at~~
<br />+t. M_. ____...~1 Nebrask~__-__- _
<br />s 3. m ±5B averep~ Matgapw .S_tkep. wltlmtt the pttat warttBa G^"nsant of MOrigagpk c!!mEgage or otnorwst B.nd-imDB% !na P%B+mi'SB5 or pe±mit the Pr@n1+Tja5 fo De an-
<br />cum0ered to arty ias MOH. drMri Mgfgagab ina7, at MfYt~dga6~5 t~itMXt. d+;ptiif8 sit S3Di3gattans to bE,3tllt!@Qr81Bly due aM tktyaD4a ara6 ~¢ xx;tn P.vEnt This MMtga~ may Da lora-
<br />:.ekd n >.t ivih :r paragtepha b ems 7 t# tAn Mortgage
<br />to 7rrd A airy prv»s;ans n~7ilet Yatavi.4y ba 13Md u.'mn€orttaine w va3, tttEn sutra p€o-wata. sn~a Ge daamau sepd+aD~ trpm !for ~B<i~rn,+rg p±salatre and snap m d4 way
<br />tM LaA9ely y n+.a Mu~'+ygit.
<br />~EfKi>r,.',.,.a
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