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<br />MURTGAGE 84,-~{jC1O75,4
<br />- ~ - - vemrn-B:.rdalsmLivirgFevocable2ivst~vt.vemtn~s.-Jat>fly.9~ri.~td~~ -
<br />Thia#htort~gc;ia~~eoteredintohetween- ~S ~~_ r.,-r:,~r~r,,;a..w rt,o-/ma r_ :Tar,sa7, r:;_v,.~~a~lre
<br />1ivTSt'1~.Yrr:stcit B..Tdnst7<t and. 7>wfa I..7ettnscxt, m•~tiustees
<br />(herein "Mortgagor") and
<br />F2S7E FUII~S BTiNC
<br />{tteeein ''Mortgagee").
<br />Mortgagor is-indebted to Mort~aate in -the prmcipai sum ot~'~~,000'..DO ; evidenced by-Mutt~girr's notr
<br />dated Janp_arx-_'~r_z9a4 (herein"Note")pruvidingtorpay!ments`ot~incipat andihbemt,with:thebdanero[fhe ,-
<br />- ~ - indebtedness, if not sooner paid, due and payable on July 30,. 1984, - _ -
<br />.. _ _
<br />'~osewre Gta paymentot the-Note; with-iatereat as pruWded:therein,,the payment.otall other-sttnu, withintereat,
<br />adv~nae~~My ~fort¢-pR.to pmt the security ofEhi3lttort;-and the pprtomunce o[the;cog4tunta~nd agteemen4 of
<br />the M6ripgor contained herein, Mortgagar does' hereby- morkgfige and convey to Mortgyee the=•tgpowiag described
<br />property located; in Hall County, Nebraska:
<br />Southerly Forty Seven (47) feet of Lot Seven (7) and North Nine (:9) .
<br />feet of Lot Eight (8)in Block !'aurteen (14) in West Park AdciCion-to
<br />the City of Grand Island, Hall County, Nebraska
<br />Together witlralt buildings, improvements, fixtures, streets, alleys, passageways, easements, rigbis,.pdvileges and:;
<br />- -_~-ttaeated=Wherepn~or-inangwise-pertaining~tbeeeto,-and.the~rertts.issues and-p_rofits}.reversionsand--retnainders
<br />tltereot; indudirrg, but not=limited. to, heating and. cooling:egttipment and such'petsorttil property that is attached to the
<br />improvements-so-ffi to constiWte a tixturc; ail of which;. intruding replecements:and.addifions theceto. is hereby dedated
<br />.-_ '. iu--~he'a partof the- real estale.securvd by the lien pt this Mortgage andell of:fhe foregoing heingm[erned to herein aa.the
<br />"~~rtY"
<br />Mortgagor Glrtberconvenantssnd,agrew~s, wiih_Mortgagt~t„as [oliows:
<br />- 1. PaymanL. To-pay.theindebtedness andthe:interestuhereon-asprovidedin-this .Mortgage andtbe-Note. ,
<br />- ~- ~. 2.._Tiik-Mortgagtrris-theownero[~the_Property,-has:tberigiLLandauWority-tamortgage-thePraperfy,and- _,
<br />wamnb that the hen created: hereby is a ricer and prior lien on the- Property, exeep[ as may otherwise beset forth herno.
<br />C`I The-Prapertp is subject to a-Mortgage wherein...-, .___.___,_ _._~~_~,,_:
<br />:.. - - n the Mortpgee, rer'ordtMat'Book• - ,Page v...„..__:.__ yLtiie Atorlgkge- Records of .:_~. -. Cottnty:, -
<br />Nebraska, trhfeb Mortgage is a,lienpriorto-the lieo.created iteceby,
<br />L7 Okherpeiorlcrrcorencumbrances:_.__ ,_._____~._.e.._.______
<br />3. Taea, A~eroeeta. To "pay- when due alt taxes: special assessnteftts wort all other cha[`es agiinsl the Property-
<br />- and, open written demand by Mortgagee; to add 1tr the payments rrquired under the NO(a• srcured;hereby,s~ch amoant as - -
<br />- may be au[tleientto enable the Mortgigee~topYy suet[-taX-es;.asaessmentsor otheceharges-as Lhey become dur _
<br />4. lrwtrance; To keep the~imprnremerttsposv or-hereafter located---ntt..the red..estate described herein insured. -
<br />againrit damage by Gre and such other haaards as.Morigagse. may require; in amounts and-with Companies accepta6le,toihv -
<br />- Alortgagen, arM with-loan payable to the Morlgagew. In case of loss under such: policies the Mortgagee. is aut6oriied.to.
<br />adjwt,.colkct and.compromiae, inns discretion, all claims thereunder at itasole options auihorirxdtoeitherapplythe -- -
<br />- proeaedc to the rraloaation o[ the Property or open the indebtedness secured hereby,;hut payments hereunder shall con- -
<br />Unaeuntil the suvrsecured herebyare paid in full.
<br />5. CJ Pxrow-.For Tataa and lauutarrce. Notwithstanding anything contained in paragraphs :i and 4 hereof to the. -
<br />coattruy; Mttgagor dull paylo the Mortgagee al the time of paying the monthly inslailmenty of principal and interest, - -
<br />one-trelfth of theyrarly laxc~, aaseaamrnts, haaard insurance premiums, and ground rents {if any) which may attain a
<br />pricrltymar this Mortgage, alt a reasonably estimated from time to timeby the Mortgagec.'[he amounts so paid shallbe.
<br />bald by the MOrtpgi.~ewithout interest rod applied to the payment of the items in respect to which such~:amovoks were
<br />dritoaitN. -Tliirarais paid. to Mertpgeehereunder are pledged as additional security for the indeblednesa seCYred by tltia.
<br />- - Iragt~. Mortpgor atlalt pay la liAortgyee the amountot any de fickstcybetween the actual taxrs, assrssrnenta, iuxurance; ~ -
<br />~"" pnaaiaMt.aad:groaad note and the dcposiu hereander within 7U days after demutd is nudr upon Mot t lteatht °.
<br />PayMbt tbenw/: tgago rail g
<br />g+.tbptrsklalolartaan arm Ua-_ '['o promptly repatr, restore or rebuild anY buildings or impmgea}ents,rtuK-orv
<br />t~ttaa+In tiu-.L•tapertY; to Itevp the Ynrprrty.ln gaud conditlun anA rep+ur, without waste, urd feee from maultprtt~--"a,pr
<br />oiaatlN#a uotexprwiy tulsotdinated W the Tien hereof: not to make: suffer ur permitany nuisrni~e to exist,.nor,to,dtmitl-
<br />- isb tat impair the slur of the Property oY any.:aU oa omwioo Co aat;.and to comply ~witb all ~yuiremeota ut Aw with -
<br />wspsy..W Loa fr~rparly..
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