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64:x.. 00160
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<br />This Mortgage is entered into between
<br />and wife
<br />MORTGAGE
<br />Hector C. Faz and Jane F. Faz, husband
<br />(herein "Mortgagor"j and
<br />Five Points Bank
<br />(herein "Moet~pe"j.
<br />Mortpgor is indebted to Mortgagee in the principal sum o[ A 5 } $01.30 ,evidenced by Mortgagor a note,
<br />~~ 3 / 2 J j$4 __ (herein "Note") providing for payments of nc
<br />pri {pal and interest, witR the balance of-the
<br />indebtedness, if not sooner paid, due and payabM on_ 3 / 2 J t $9 ~~ .
<br />To secure the payrnentot the Nnte, with interest as provided therein; the payment of all- other sutns, with totaled,
<br />advanoedby. d/oEtgagae,to-protect the security of this Mortgage, and the performance of the covenants and=agatxtrtertabt
<br />the Mortgagor contained herein, Mortgagor does hereby mortgage and convey w Mortgagee the fdiowing detcefbed
<br />property Located in Ha 1 1 _ County, Nebrasks:
<br />?'he South Half of Lots Seven (J} F,igh[ ($} Nine (9} in
<br />Block Tweiue (12) :n Bret[ and Johnson's Addition to [he
<br />Viila$e of Woad Ri~~er, Ha11 founty, Nebraska
<br />Together with all buildings, improvements, Cixtures, streets, alleys, passagoways, easements, rights, pristileges and
<br />appurtenances located thereon or m anywise penatning theato, and the ants issues and pratits, reversions and rema1M1lA
<br />tbeawh igdudirtg,.but aol Itrnited to, heating and coding equrpment and such persond property that-iaattaeltedgif#bt
<br />improvements so s9 to coastiWte a ttxwre; all of which, tnciuding replacements and additions there W, is hereby:dadpld-
<br />to be a paK of the real estate secured by the lien of this Mortgage earl all of the foregoing being referred to hereircaathe
<br />..~erty„•
<br />Mortgagor further tronvenants utd agrees, with Mortgagee, as follows:
<br />1. Payrrtenl. To pay the iodebiednes~s and the intxrrst thereon as pravidod in this Mortgage and the Note.
<br />2. TiNa. Mortgagor is the owner of the Property, bas the nght and authority to mortgage the Properly, and
<br />warrants flat the Hen creased hembq is a fist and prior Lien an the Property, except as may otherwise be set forth detain.
<br />G The Property is subtect to a Mortgage wherein . _ _
<br />~ the AMrlgagt`e, recorded at Hoak _-- -_..__ ,Page . _._ of the Mortgage Records of .__..~~_._.._ Connty,
<br />Nebraska, which Mortgage a a lien prior to the Hen created Hereby.
<br />C7 (kher ptiar liew€ ar eacumbnrterax: __ _. _.- _ .. . , _ ., _-.___.._. ____.___ __.
<br />3, Talus, Aaaaaaetenta, To pay when due aH taxes, special assessments and all outer charges against the Property
<br />and; spat wrtttce dstaamd by Morftpger, to add to the payments required under the Note scoured dereby, such amount as
<br />be~wttleient to enable the Mortgagee to pay such taxes, assessments or other charges as they become due.
<br />t. Ittatirana~- To keep the improvements now ar hereafter located on the real estate described herein iMUted
<br />agaiaat damage by fire sad such outer hararda as Mortgagee may squire, in amounts and with eampanies acceptable to the
<br />IyukMee, nad:arilh rasa palyabte to the Mortgagee. to case. of loss under such pdicjes the Mortgagee is autbodzed to
<br />aapd, eeikct and compmmtee, in its discretiar, all ciaiota thereunder at its sale option. authari7.ed to either apply the
<br />paPtrblda fo the.restsrat/tut of fife Property or upon the indebtedness secured hereby, but payments hereunder shag t'on•
<br />3tntla ttaiil-tile syms veaured hereby ate paid in fn}l.
<br />5. ~ Barnor~i Ear Tataa and Inurranee. Notwithstanding anything contained in paragraphs 3 and 4 barsot W the
<br />cmrtrry, Moeyagor akaU pay ur the: Mortgagee ak the time of paying the monthly installments of principal and iotsttat,
<br />brt--twaittk of the y.attJr fates, aw.aarix_rats, hazttW irtsurattss prsmitxms, and grrrwtd rents (if snv1-which rrujt attain a
<br />priority aver thin Mortgage, ill as rolaortabty estimated kom rims to tune by the Mortgages. Ths amounts so paid thdt fie
<br />held hY I1ts Mortgyee without iatrreat.arrd appkrad, W the paYtment of the items in respect to which sttdt atnewnts mere
<br />daggatWl. Tla wens paid w kiurtgaM's hereunder ate,: plttdgeA,as additlond•sesltritY for the indvbtednsassenured 4Y ~~
<br />alarlgltga.llrM~tgtxahaltpay to Sturtgagr`e tMr amount atanY deGsirr;ttc3t between ihe;asLrral.taKes,awrartrwnts, iruwance
<br />paataWtr attdground reau and the deptraiu hrreyndecw(thin tU days after demutd is mods upon Mortgagor reyuaating
<br />payarwt thstwt.
<br />L. ttaptr,, alatot.waar• anI hoe. Ta prampuy repair, reaiWS or rsbuild any buitdingt arimprovemenR now or
<br />ir+rrattrr err the Pwperty, to keep she Pnrprrty in snarl soMtitiun Md reptiir, withartt waste, end rtes from mechanic`s or
<br />rrtiaer {Iran mx a:i}re~iy .ubsgdinated to t~ yiep herwt; tip{ to truke, w[~t,ar ~~ arty nnisattt~ w exist, nor ~ draain•
<br />.ta <+ tttrprtr tree vatur r?! the Property b'. any a.t or: omwiou uy an t,, attd Irt campty with aft tequirststeati nt taw with
<br />eaalrect tn. the hujerty.
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