|
<br />s4 -- oo2z~~ s
<br />MORTGAGE
<br />This Mortgage is entered inw betweee SOSSELAtAN' S, INC.
<br />___ _~ (hercin'•Mottgagor")sad
<br />CITY NATIONAL SANK AND TRUST CQMPAhT, HASTINGS, NESRASttt1
<br />_ _ (herein "Mortgages°)
<br />Mortgagor is indebud to Mortuges in the principal sum oI j ~84'S74. zfl ,evidenced by Mortgagor's-note
<br />~d Aar i 1 «0. 1984 __ (herein "Note") providing tar payments of princtpd urd intetaat, with the balance of the
<br />indebtedness, i[ not comer paid, due and payable on.~ September 20, 1990
<br />Toaeutrc tde payment of the Note, with inkrcat as provided therein, the payment of all other sums, with Grtaead,
<br />advanced by Mortgages to protect the secursty of this Mortgage, and the pelormaoce of the covaran4 sad agrNmaets o<
<br />the Mortgagor contained herein, Mortgagor does hereby mortgage and convey to Moryyse the [dlowing.:dear~ibrd
<br />propeety located in 111 _ County. Nebraska:
<br />Lot Two (?} John~sirn, an Rddition [o Doniphan, Hall County,
<br />Nebraska
<br />'Together with alt bnddtnltt, ~mprovemonts.:txwres, streets. alkyl, paasagetgys, eaemMts, +i~lti. jRtvlia jM wlj
<br />appurtenances located therein ur an anywise pertaining thereto, and the rents, issues and prolift, eavafainl{--IIMd wail~sE -
<br />Wereof; ieuludiog, but not Bunted w. heating and cooling equiptrxnl and sue6 penanal property thN taatgaeiei In,t4
<br />impeovemen4 an ae w constitute • facture: alt of wbtch, includtng rcptasementaandadditloattMtRlo;hhuaYy+taalAStd
<br />to De a part of the real estate secured by the lien of tfiis Mortgage and aU nt Ute taregourg~be~aaEtspd to YtNd ailtie
<br />..Property"
<br />Mortgagor fYrther comertrtb and agree, with Mortpges, a< toNttars:
<br />I. Payment To ply the ittdrbtedttast and the interest thereon a providedin this Mnl~iggs,~dtll~ tYelt
<br />2. Title. Mcet~agor is the owner of the Property, has the right and auUtority to teasFgt~,W Tlapasts, ~'
<br />wartann that the Lien created hereby is a hest and prior lien oss the Property. except as spy othattris! be Mt feetlr-hsttata
<br />^ The Property tx wb><ct w a MortYapr wherein ._ -
<br />isthe Mortpgee, recorded u Rook . Page ~,,______ of the Montage Racarda of~.Cylrtt~4
<br />Nebraka, welch Mortpge is a [lea prior to the Lien crcate4 6ercby.
<br />~ Rther prior liens or encumbrances: - -
<br />3. Tatra, Aalaasernts. To pap when due dl taxes, special asressmeD4 and altofder slat jM a~iYtthe ft'iMaf~
<br />nerd, upon written demand by Mortgagee, w add to t~ payments required uerder the Note aseuted:Mlts6iq,,t~•titnart dt
<br />cony be snt/leimt uo made the Mortpgee to ay such sates. assesstrrenes or other chaetes as ttrey bacarate dlta, ~ ~ .
<br />~ lerutanee. To keep the tmpeovements now or trerca[ter loeatad m tbe.rcat aorta OeaestbrfllMelrinstsrai.
<br />splint daatage b1+ Ere and curb other hazards as Mortgsgt~e may require, in amorm4 and with caMpaniu tsaceptaMa b Me -
<br />Matppe, and vrilh toss payable w the Martgagre. In case of sass under such padieies the Hottjlpe Y aufhodesd
<br />adjust, tohsti and coatpromee, in its discream, all cLiem thereunder at its sale optim, autharieedtaaitheraglply the
<br />proceeds to the rvataalioo of she Property or upm the indebtedness secured ttetebp, but paymaots hasaurtiesaWLCadr
<br />tintre anal ttte soma asesued bensbX ace paid in tali.
<br />S, Cl Baeos For Taxis and inturaeee. Notwitbataadingnny Wing contained in paeapppisa $ sad • lasaof to the
<br />ctattssep, Martjtyor shall pay w the Mortgsdec u the lime of paying the mootldy insWimeota of prioclgei anditttekrt,
<br />oaadwNtl6 of the pearly taxes. areasnrents, harard insurance premiums, and g[ound eenkr (if any) which lWq+ etdllt.n
<br />psissi6y oar thin Mortpgr, all: r rerana6ly estirwted from time to time by ttre Mort~sitsa. The aaturunY aopaid ahaq,M
<br />hard by the Maaggse without tatenet and applied to the payment of the items in respect to wddr suet attsoaitsls ~nre
<br />drgwsiisd. The atoms paid W Mart[agee hereunder arc p4dged as addiUooai security Cw the iadehgdmaa aeetred bf thlt
<br />tlTaaygs. Moetpgiorahatl pswp w Mortpgee the atttonat of any deficiency between the aetwl taxes, aaseasterr4. irwuiapea
<br />pteaiu~w led grouts ora4 sod the dthtoaru hereunder within 10 daps after demand is made upon Moryagnr oquastlng
<br />OMt4 carat thvusd,
<br />t. Repair, ?IMntttsanne and Use. To promptly repair. restore or rebuild anry buildiegt ar impsonemerOt noer or
<br />ItssvMler an the Property: w ktrrp fire Ploperty in gnarl condition rid repgs, without wasu, and Crce from medraak's or
<br />othertiaae not exgssssty whoadrrtated to the Nett hereof; noE w ewtice, suffer ar pvnnit any nuisance w exist, nor 1o dimin~
<br />kA o- iatprir the niur of rise Ptopertg b?' arrv act or omtseMn to act: rM to mmpip with all regxlrcwtrtr4 of law wiW
<br />resgsect to tM Paysrsy.
<br />
|