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<br />83~on2583
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<br />MORTGAGE
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<br />This Mortgage is entered Into between
<br />HuSbMd and. Wife
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<br />'llieQverland NatioIlal Bank of Grand Island,
<br />
<br />Kenneth Nienhueser and Caryl J, Nienhueser,
<br />
<br />(herein "Mortl1llgor") and
<br />Grand Island, Nebraska
<br />(herein "Mortgagee").
<br />
<br />Mol"tgagorlsindl1cbtedtoMortga~ in the principal sum of $55, iOCl(J 00 _, evidenced by Mortgagor's note
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<br />dated May 23 ~1983~ (herein "NoteU) providing for payments .of principal and interest, with the balance ofllte
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<br />indebtedness, irnot sooner paid, due and payable on Nov. 18. 1983
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<br />To secure the1'llymentof the Note, with interest a< provided therein, the payment of all other sums, with interest,
<br />adVllilted by Mortgagee to protect the security of this Mortgage, and the performance of the covenants and agreements of
<br />the Mortgagor contained herein, Mortgagor does h.reby mortgage and convey to Mortgagee the followingdescrib<id
<br />
<br />property located In
<br />
<br />Hall
<br />
<br />. _ County ~ Nebraska:
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<br />lot Five (5), Sandy Beach Subdivision, Hall Co\lllty, Nebraska.
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<br />Together with aU buildin&s. tm-pm\'..-nwnts, fixtul't's. slrt't't..., ...He~'~, pas.sa.gt'wnys. i.'llSt"nwnu.. right.'1. privileges and
<br />appurtt>lumct"$ locatt"d {h~h:IOfi or m anywi!#' p"'rtawing: tlwrptn. dnd tht, rt'nl.... 1"\Ut~ and PfotlLolO. n."vN'Sions and lPmainders
<br />the~!; including, but nul limited In, h".\Jng and """Illlg "!Julpn1l'lH and such P<'I"onal property that Is attached to the
<br />improwoments so B6 to ("OWiutute- .Ii! ftxtuJ't"~ aU oi whirh, ItldudlJl~ n'pJa-tX"oumt~ and addiUorn: tht!reto, is hereby declared
<br />to .,. Ii pan of the reall"itaw secured by the h,'1) of tht.., MUftgagt:' olind aU uf tIlt' foft'gomg bt:>ing ",ferred to he-rein as the
<br />"Prop.lrty"
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<br />MOr!l4#<Jr rurtb-t'f f..'OtH't:'nant... and I:igr1"t;'~, with Mottg.~~'t', ~'> inlhw.'~;
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<br />L raynwnt. 1'0 pay tht" mdebt.edneM. a:nd tht' mh'n'~i !twn'on ~_" pl'o\nd..-d HI l-hb- Mortgsgt' and the Noll".
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<br />1. '1'1U&-. M~f is th~ i"lw.-J-W-l 01' Hit' PtOpt'-ft\, f;U-.. I hf' Pt:tlt ...nd a:uthunt~. to ltlurtgagr the .Property J Ind
<br />warrants that. the H@n ('A".ltfod lwr~by is it n~l .land prior ht'H on Iht< rfOpt.'rt~ ,t'Xl't'pt 3<.... llll:l.',- olh"rwt~t'- bl" set fortb herein.
<br />
<br />Cll1w- Provitrtj' IS .s.uhjt?{,t to a \lortgaet> ..... th'ft'!n
<br />
<br />l$. thtl Mort.p~, tt&(ofdt'd at 800k , Pl!t~~ \\1 Hit. Mort)!,ag.t:' H.l~~()rds of
<br />Nebwka. wbich Mort.ga:pt is a !i(',u p:nur t.u tilt. Itl"Il {.(\,;tl.t'd tlt'r....b~
<br />
<br />_ _. County,
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<br />o Qttw.r prior lle-nJi or i;'nc-umbranct-'!o!:
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<br />3, Tuell, ^-"- 1'0 /"Iy whe" dU<' all '8"''>. 'P<'"allL",...menl.., and all other "Ila'll'" against Ih,' Property
<br />8lt<I, IIIJ<'ll writ"n deltlllfld by Mort..g"". t<> add tu the /"Iyrn.'!lt.' "'qu...,.o under. th., Note Sl'Cu,...d bereby. such amount lIS
<br />Illll)' b<isllffictt,," to enab\(o. the Mortpgee to /"Iy su"h lax.., """',""lents or ".h.r ellargH a. th.,y hoeome due.
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<br />
<br />4~ 1~~~ 'fo- kffp the impro\'-emf."flL.'i. now 01 }len'-afl-er lucbti'd ut\ tht' It'al tStatt" dt..'\S(:ribed hen-in irL'i-Ured
<br />qai~ ~ by 6,... and .ud! other hazard. .. Mortgag"" may "'qu.re. in amounts and wilh eVlnpan"'. ac.....ptabl. to lhe
<br />!(~. lllld with 1_ pay'ableto th<' Mortgag.,', In ra.w of If",-, uad.., ,uch poli.."" lh.. Mortl1llgce L, authoriud to
<br />atiju$t, coJkoct and ~~, in Its dascl'i'titm. .11 ..taun,; then-und.... at it. .ole opoon, authonz.'<l to .'rthN apply the
<br />~ totb<il'l'$toI'lIti9ll of the l'roperty Or upon tbe ".a..bted.",,,, ,""11",<1 h.reby. hut paym.nts h,,,'un".r shall con.
<br />UMI/, W1til UwSUUIU.,cllred lterebY are paid. In full.
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<br />$..O~.. florTut!$.1IIld 1_.,.,. ~t..ilh'Uuldiug anythmg ,'Onu.io<.d In paragraphs 3 lnd .\ he..o! to the
<br />Cl)I\U1ll:Y'~ sl1all.parto lll" Ml!ll~'" at th.. tUne of paying the monthly ""tallments of principal and interrst,
<br />UIiM:iM(th of llli'y~W;.",__Iltli.. biWrd illliuran~ pt\"ffllums. alldgrouod ...Ilit; (if allY) Wlll~h may attain a
<br />P!i~t)' O1ff{lIl~ ~...aIll>'l_QlllIlll)' ~tilllill~ fh>m lime 10 tin,.. b,: th~ Mltrl&llCe., 'I'll< alllo\U\t. so paid shall b<i
<br />~b)';thf. M"r~ witlWllt' lllter""8IId lI!'l11ied tQ lh. payment ,,! It... 11."" .n t<"IW~t IQ whicb s~.'h. amount:; w.....
<br />~~ 'f'lj(o$t!~p.ai4.tj> Mo~.h!>llIu,,<ll>'a.... ~dll"d.... additio;l8J """urHy for theind..hw,dn... ,""cured by this
<br />.~,~~Uillll!jliY t!>.~..tho a1ll9Ullt',f ~tlJf defwlency bt't...."'" tJI..l<<,.tua)IV(,'ll, __...men!>;, illlillf8n<'"
<br />ll'I\I'l!ii.~ttUl~d ~bi: ~.~ ~<>slt~ iw....lilj&!' wII.llm 1 il dJly. at!.!>, d<lmand is 1I'!ll<I.. Upoll Mortgagor 1.."l....,.tinC
<br />_~t~
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<br />.~.8lt<Iu$ll. T., Pl<JJnptly ",'pair. "'>00'" orr~buil<1 any bUildmg. b' Imp''''~nl.l\b now 0'
<br />.... ......... lir~t.....~ttym~ <'<lnlllll<m and "'~", wUh",.!' w,,"h>,.MHl n..... fnm.\ m,'<'ballk\o,
<br />..... . ....'~~r ~~iIIil~!f I(I.~ 1j"IIMS"'1f; "'>110 milk,'. .uf[oer "rpl>tDllt ally.nUf>.ln\'<' !o ~"'&I, no' I" dumn'
<br />. ~ ~iJlo' Of ~ PnIlll'fty b)' !\l}Y lK1 tlI' {tlfllm"1l Ii;> JK.t. ""<I IQ ""mply ".,tb oil "''lul",,,,,'nt,; "r jaw w,lh
<br />~.to~~}',
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