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<br />MOR'T'GAGE ~L~ -.-I~~~~:~^I
<br />71ds Mortgage is entered into between DIIVNiS A: i7(}NDLINCr'ER and E~ IZAI3E.Tfi A.
<br />Dfri'lll,L~kl?:. HtiSbattd and Wife
<br />(herein :' ~ Iltortgagor.".) n d
<br />`IHE OSH~iI,i1NI3 N6TIC~*itlT. &'lAH{ CJF' GI;t1Ni) I~,At~R), Grand- Island.,- Nebraska n "Mo
<br />( 4 rtae~'7~
<br />Moctgitgor.is. indebted to' Morlgagee in the principti sum of ¢: ~. ~: ~ , eddettad by Mortgagor's note.
<br />dated. Fe$rttary ~9, 1984- ihsrein"Note"} prodding-tor
<br />payments o! ptineipal and.interat, with the-balance. of the
<br />in~hdedrasss, if not anoner paid, due and payable on FeYtrttary ~, 1989
<br />Toreeatte fhe paymentot the Note, with-int+erestas pmdded therein, tilE'paymintOL:dt9the[ suety with interest,
<br />advanced' by Mortgagee to protect the sedrdty o[this-Mortgage, andthe performance of llie covenants and apr'emcats of
<br />the' Mortgagoe contained herein, Mortprgor -does hereby martpge: amt convey to Mattggee the Iollowing described .
<br />property touted fn __~tll County, Nehtaslra:
<br />Taut Four (A} and Lrat Five (5) in T31ock Six (6)
<br />in Bannie Hrae Addition to the City of Grand
<br />Island, Hall County, Nebraska.
<br />firaxts>er of I?nupea-tr. TT a1i ar any part of the AmperLV ar any interest of
<br />Mortgagt~r therein is :~3c3, 'transf`erred or further eneta~ered without the expt=ess
<br />~t~ritten consent of the `~rC~e, y3at•te may, at its sole option, declare all
<br />secazred try= this a,tart~xa~ to tx, imn~=diately due and pay~le<
<br />Together with ail buildlagi, improvetnents, fixtures, streets, ilteya, passageways, easements, rights, pridleges-and,.
<br />apptirienances located tberetut or in anywise pertaining thereto, and the runts, issttes and profits, teyeraiom and remdnden
<br />t6ereof;'lnduging,-'but not limited to, heatuig and-cooling equippteot and such: peawiut pmperty that is attached to the
<br />improvemerits.ao as W. comtitutc a Azture; ap of which, laclndiiog mplacemenfs and additionathereko;is heeebydeclared:,
<br />W. be a part- of -the real. eNate secured by the. flan- of this Matra and-ill of the. [otegoing being-referred to• herein >a the'
<br />"Propvr4Y"•
<br />htwtpgor ftuther carrveaants and agrees, with Mortgagee, as follows:
<br />I. Payment: To pap the lndebtedneaa sad the interest thereon as prodded la th'u Mortgaga.and the tti4te.
<br />Y. Title. Mortgagor. is the owtcer of the Property,. has Elie right sad authority to mortpge thaProperty. and:
<br />warrants that- the hen crested hereby ~ a IIrst and prior lien an the Property; except as may otherwise beset fortti'herein..
<br />G The Itaperty is suhjeet to a-Aiort whemin
<br />is the Attwtga~ee; recorded at lioolr ,Page of the Mortpge Records of C:rwnty;
<br />Ne6nalrli, rrhiet+ Maetgaer w a 4w paw to the lien grated hereby:
<br />~ flthetpriorllem-orencumbrantrs~
<br />3_ Totes, Aaaa~w#: To pay when due all taxes, speeui assepmeats acrd aq other charges against Ute Property
<br />and. upon xdtten detwad bg Ma~etpgee, to ~d to the payments required under the Note secured Aereby, such amount-aa
<br />rnag barti6eietit:to eruWk t6e:Idaa~gee to pax such tasec,afseatmenK oe other dtacges ac they. hecotne due.
<br />~, lnwreaat: To tteep the improvrmeals nosr or bereartet touted on the rail estate-described herein insured
<br />agiiirrt raryr by f(re sad suds. other bsxarda sldortgagee may regnua, in amoun4 and with companies acceptahle to the
<br />#lorrpsgan snd with Ior payaNe to-the Mttrtgrtee_ In due of toss under such policies the Mortgagas<u authorized to
<br />adjtrK, eolisct and contprgatiae.-in°~lts-diteaettonx ~k dairbafiheretptdet-aFFts~ole option; enthdritiedtaeitders~ty the
<br />pmAeds to the tesloraRon of Utr Ptopeety or span the i~ secured hemby, but payments beatmder shall con-
<br />tlsue uatit uu suss seeurad hatehry are-paid In ttdl:
<br />S. ~ Fsrow Far Tear and lasteraaoe: Noiwitlgtaudtog anything contaitted:ia patagrapbs 8 sad 4 hereof to the.
<br />cagtrary, YaAgsror shall pq! to ~' Mad[ at Ehe time of paying lbe,m~tpiy imati~,stita,gl prl~lpal'and:intattaat,
<br />aariragfgt of ltr yaady taxis, aaiesseeats, hasard insuraore premittass.and,![fttutd renht tiR sny} which may attalrrva
<br />pdailty over ttds Mores. sll as reasooaWy eaumatea hom dnrr to ilpaeby fhe Mprt~gee. Tlie amauab sa paid aballbe
<br />trek by the AleetMre wFtYwt iatatast and apphsd to the psynreat OE the items in rrspaN to whicb,atieha6tounta-were
<br />dgsntbvr:lM sros field to lfart*agse hereunder are pledged ai additional aactrdi9 for the iadehtedgaaa.seeured by this
<br />1AartMR liaryyor dMil psy to llottppe tlis ataouat of any de[Ickney belwern ttr actual taaaa, awaasmen0,, lnsuranae
<br />-.. pesntiunr sad gpowd resor and the drpsiU haeaadar witafn tU days after demand 4 made'apon fttrrrtlprNaervgwsttmg.
<br />payrnaat Nwseof.
<br />t ilNnie YaMYnaneaaM lies, Ta praaptiy repair, n»/ae or nbaild any bi~dptp cw intpiavrearspp4-sow or
<br />hawittas:4o Ga~ Ttorr[Yt to tee- tha Property in goad eondltian and npdt, without •atae, aml~-'free frHiprrtuadtaiafc't 4r.
<br />etistr ilrrta uul eaprwrly sraosdhaerad to the Ilan hereof; sat to ante, cutter a Perslt any ntttatuwii to exlat rior #o iln~
<br />lah ue tntpleir tha vatic of the flrrpevfy Gtr any sat or ostwioa to act: and to iwmplY wiRt tdl~utquttert-ttits of tsw-with
<br />W tIr Praputy.
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