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<br />MORTGAGE
<br />This Mortgage is entered into between ___...- ~~'~. `I
<br />Husband and Wife
<br />THE W17tI.AND NATIONAL BANK OF GHAI+ID ISLAND
<br />$4 --.001852
<br />KUSKA and FRANCES H. KUSKA,
<br />(herein `•Mortgagor") and
<br />__(herein `•Mortgt[gee").
<br />Mortgagor is indebted to Mortgagee in the prncipd sum of $ 25, 833.81 ,evidenced by Mortgagor's note -
<br />dated _April 6, , 1.984_ _ (herein "Note") providing for payments of principal and interest, with the balance o[ the
<br />indebtedness, if not sooner paid, due and payable on~. July 14, 1984 __
<br />To secure the payment of the Note, with interest as provided therein, the payment of ali other sums, with tptereK,
<br />advanced by Mortgagee to protect the security of this Mortgage, and the performance of the covenants acrd agreements of
<br />the Mortgagor contained herein, Mortgagor does hereby mortgage and convey to Mortgagee the [dlowittg-ditscribed .
<br />HALL
<br />property located in __-_.___.___.._.__ _____._- County, Nebraska:
<br />Lot Twenty (20), Block One (1), Brentwood Second
<br />Subdivision, City of Grand Island, Hall Cotutty,
<br />Nebraska..
<br />Transfer of Property. If all or any part of the Property or any interest of
<br />!Mortgagor therein is sold, transferred or fttrther encumbered without the express
<br />written consent of the Mortgagee, !Mortgagee tray, at its sole option, declare all
<br />stets secured by this mortgage to be innlediately due and payable.
<br />"together with all buildings, improvements. fixtures, >trerts, alley,, passageways, rasemenU, rights, privileges and
<br />appurtenances located thereon or m anyw+se pertauuug thereto, and rho rrntn +asurn and pro0ts, reversions apd remainder
<br />thereof; including, but not limned to, healing and cooling eywpmenl and such personal properly that is attached-td the -
<br />improvements so as [o constitute a fxtum; all of which, including replacements and additions thereto, is hereby datgaled.: -
<br />to be a part o[ the real estate secured by the lien of this Mortgage and all of the foregoing Mang referrvd to 6eretp as-the
<br />"Property"_
<br />Mortgagor further convener LC and agree+. with Mongagrr, a, follows
<br />t. Payment. To pay the indebtedness and the mtere+t thrreun d prus+drd m th+s Mortgage and the Note.
<br />2. Title. Mortgagor is the uw+ter of the Prupert} , hay t hr right end auUtunty to mortgage the Property, and
<br />warrants [ha[ the lien created hereby s a first and pnur hen un th,~ Progeny, except as may otherwise he set forth hereip,
<br />;-7 The Property rs sublrct vu a ltortgagr ahrrem - ..._ ._- ____
<br />is the Mortgagor, recorded at Houk - -. ,Page .a +he Mungugr Hrcurds of _ -_ ___County,
<br />Nebraska, which Mortgage +s a hen pnur to for hen created hrrrb)
<br />Usher pnur liens or encumbrance+.
<br />3. Taxes, .4ssea5ments. To pav when due all taxes, .prc+al assessments and all other charges against the Property
<br />a[td, upon written demmd by Mortgagee, to add to the pay merle rrywred under the NoU• secured hereby, such amouul as
<br />may br sufficicut to enable the Mortgagee to pa} such taxer, assessments or other charges as Ihey become due.
<br />4. Insurance. To keep the improvements now ar he matter located on [hr real estate descritred herein insured
<br />against damage by fire and such other hazards as Mortgagor may reyuirr, in amounts and with companies acceptable to the
<br />Mortgagee, and with loss payable to the Mortgagee. In case of Ions under such puhctes the Mortgagee is authonud to
<br />adjust, collect and compromise, in its d+somtem. all cla+ms [hereunder at w sole option, authonu•d to either apply the
<br />proceeds to the restoration of the Property ur upon the indebirdnrss x•currd hereby, but payments hemunder shall con-
<br />tinue until the sums secured hereby am paid m fuH.
<br />5. Q Fscrow For Taxes and tnsurancr. Notwithstandcng anything contautcd m paragnphs 3 and 4 hereof to the
<br />rnptrary, Mortgagor shall pay to the bturtgagee ai the time of paying the monthly instal#mrnt_s of principal and interest,
<br />one-twelfth of the yearly taxes, assessments, hazard insurance premiums, and ground mots iif any) which mqy attain a
<br />priority over this Mortgage, all as seasonably estimated Irum time to urnr by the Murtgagre. The amounts so paid shall M:
<br />Mdd by the Mortgagor without interest and applied to the payment of the items u: inspect to which such amounts wem
<br />deposited. The sums paid to Mortgagee hereunder are pledged as additwnal security fur the indrbtrdnrss secured by this
<br />Mortgage. Mortgagor shall pay to Mortgagee the amount of an} deficirnoy M•twern the actual taxes, assessments, insurance
<br />L- premipms and ground rants and the dcpctsit<K hereunder within 10 days after demand is made upon Mortgagor myursting
<br />payment thereof.
<br />6, Repair, Mamlenancr and Use. 'fu promptly copse, n•stun= ur rebuild an+ buddmgs r•r ~mpmvrmenrs now ur
<br />hrmaftor on Iht• Property; to keep the Property in goad r~ondition and rrpau, w+lhuut wa.~'~~. and Ymr Yrom meohamr'+ ur
<br />other lh•us not exprarswly sutlcxdinatrd to the I:en hereof; r=ot to make. +ufPrr cer prnml an± our-saacr to r~;st; nor ro drrnm
<br />tsh or impair €he ra#ue of the Property bl any art or um+sstut! Ir. act, and to rnmpl~ ><-rth a21 n•yu~rv~mr~;t= r~! law ,.~irh
<br />n~yvok ter i.er Property
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