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<br />7
<br />MORTGAGE
<br />This Mortgage is entered into between J Gazes Ve ivoda & Patricia M Ve jvoda ~i h A
<br />Wife, jpintly and each in their own right (beret!"Mortgagor")and
<br />FZi7E POINTS BANK (heroin.+`M'oitga~aeMj
<br />Mortgagor is indebted to Mortgagee in the principal sum of $ 10.325.68 ,evidenced by Mortgagdr'sndte
<br />dated 4116/84 (herein "Note") pmvidingtor payments of principal and interest, with the ba4n« of the
<br />indebtedness, if not sooner paid, dne and payable on 4-16-65
<br />To secure the payment of the Note, with interest as provided therein, the payment otall other sums, with>iateresf,
<br />advanced by Mortpgee to• proteCt.the, kecurigt.ot-tbilt lllortgage, and the per[omunce of thecovertfats and agreattteats of°
<br />the Mortgagor contained' herein, •b(oet,~{ps-Qnes-:hdraby mortgage and convey to Mortgagee the- fallowin` described
<br />Hall .~;, --
<br />property located in County, Nebraska:
<br />A tract of land comprising a part of Lot H in Joehnck's Subdivision of the SouCheast-
<br />Quarter (SE}) of Section 15, Township 11 North, Range 9 West of the--6fh P.M::,'more'parEi- __
<br />cularly described as Follows: Beginning at a point on the Southeasterly lino-of MacArthur
<br />Avenue in the-city of Grand Islnad, Hall County, Nebraska said paint bong-Thirty-Three
<br />t33) feet Southeasterly and Three Hundred Ninety-seven (397) feet Soutftwostor2g.from the
<br />Northeast corner of said Lot H, Joehnck's Subdivision; thence Southeasterly=pa~ahel to the
<br />Northeasterly line of said Lo*_ H, a distance of One Hundred Forty-one ;and six--tE=nths"
<br />(141.6) feet; thence Southwesterly parallel to the Northwesterly line of said I:eit H, a dis-
<br />tance of Fifty-eight and fifty-six hundredths (58,56) feet to the Ngrtheastotly>'Ine of
<br />Walker's Subdivision; thence Northwesterly clang anfl upon said Northeasterly lne-vf Walker's
<br />subdivision, a distance of One Hundred Forty-one and six-tenths (141.6) feet, to the North--
<br />east corner of Lot One (1) Walker's Subdivision; thence Northeastezly parallel to-the_•NOrth°
<br />westerly line of Lot H, a distance of Fifty-eight and ninety-three hundredths (58:93)
<br />feet to the place ofbeginning and containing 0.191 acres, more or less.
<br />Together with alt buildings, impmvemettts, fiuttures, streets, edeys, passegeways,. easements.-rights,. prinlegea and
<br />appuAanances logted thereon or in anywise pertaioiog thereto, and the rents_isauvs and:proCtts,rovetsiona and rsmaiudtn
<br />thexrof: tncluding; but not limited to, heating clad cooling equiptnenl.and such.peraondsptoperty flat u dtatdied to for
<br />improvements so ss to constitute a fixture; all of which, including replacements and additions thereto, is bereby dadand
<br />b be a part of Cite real estate secured by the lien of Ibis Martgrge and elf of the Forogoiog.being referred to henie aatba
<br />..~,. __ -
<br />Mortgagor further ~nvenants sod agrees, with Mortgagee, as totiawa:
<br />1. P{ymertt. To pay the indebtedress and the interest thereon as provided in this Mori~t~e'and the Note:
<br />E. Tito. Mortgagor is the owner of the. Property. has the right attd authority lq mortgage the.Property, and
<br />warrants that the lien created hereby is a first and prior lien on the Property, except es:ma~ othetwlsQha set tort!-herowr.
<br />® The Property is subject to a Mortgage wherein ____.t~XFe.-P4~ N'1~ Bftl~ttc_ -
<br />Eoe, #83-001240,-
<br />ia the Moryagee, recorded at erotic _ .Page _-.-_-_-- of the Mortgage Records of ,~ u,. t t _ Catnb',
<br />Nebraska, which Martpge h a lien prior to the lien crested hereby.
<br />^ (ltltor•priocliens.oceucumbwnces:-----~__-~_~_ ---~ _
<br />S. Taxes, Aagaamau4. To pay wheo due al! faxes, special assessments and;all~olher'chargasagMinst-the Rroperty-:
<br />and, upon written. demapd by Mortgagee, to add to the payments required under the Note secured hemhy,such,agspunlass:
<br />mey be wf(icieot to eneble the Mortgagee to pay such taxes, assessments or other charges as-they become due..
<br />4, Imruaoee. To keep the impmvernenis now or hemafter located on the mat estate described hetei4 irtauned:
<br />agtdrut dpmage by Ere. and sych other hazuds as Mortgagee may require, in amounts and with companies acceptable to the
<br />~rtVgee, and with lost. payable to the 1Noctgagee. In case aC loss upder such policies the Mortgagee w.author~sd to
<br />just,. eWlect and cotgpmmisc, in its discretion, all claigts thereunder at its sole option, authorized toettherappiythe
<br />pt4ceedr to the [estoratioo nt the Property of upon the indebtedness secumd hereby, but p#ymepts hereondgr shdteop-
<br />ttpue tutlit ltte suegssvcuredh@reby ate peafdlR fltll.
<br />5. O maw Poe Ta?lEa apd. tosurattce, NotwitbstsndittR anythingeo~ntained in paragraphs 3 and 4 hereof w the
<br />eontntry, Mortgagor shall p;p to the-Mortfp~d! at thR time-of paying the monthly installmuntsof principat~antttntet~t,
<br />onrfwelRh of the yearly, taxes, aasesmments, board iusuraoce premiums, and ground rertts (if soy) which troy attain a
<br />peiwity over tbi. Mortgage, elf ns, reasonably estimated fcom_-lime to time by the Mortgagee. Tate amounts so paid~sltalt:be-
<br />held. by the Morlsager without interest and appliedtathe payment of-the items in respect to which surhanattunta weae;
<br />deposited. The. sums paid to Mortpgee hereunder #ro pledged m additional security for the indebtedness secured_hy;tflM
<br />Mortgage. Mortgagor rhalt pay la \tort~agac the amount of.egy deftetency b?tween the egtuai taxes, assessptvnts, inautll;tca
<br />pntptiutm and gmwtd rents an¢ the deposits hereunder wiLgiirt 1t) days after demagd is made upon Mortgagor regattMmtrtg
<br />payment thereof. -
<br />- - 8, Rbpur, Maintenance and fro. To pruroptly repair, restore or rebuild any buildings or improvements now or
<br />~- hereafter nn the Property-, to lump the Property in good cnndttic,n grid repair, wiltiouS waste, and t}ee from muchanie's or
<br />- Whet Iw~ns natvxprns:ly subtndinited to the lien hereof; rot to maike, sui`fer or Qennit any nuisaoce to exist, nor to dlmin•
<br />isli dr impair the vdue nl the. ProprrtY by my a¢t_ or otni+siu;~ Ers act,; and m Gompiy with all requirements of taw with
<br />- ivsprrt to Ihr Pruperfg. - -
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