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<br />83-003494
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<br />MORTGAGE
<br />
<br />
<br />This Mortgage is entered into between
<br />Husi>and and Wife
<br />
<br />Douglas L. Somerhalder and SharonJ. Somerhalder~
<br />
<br />Five Points Bank
<br />
<br />(herein "Mortgagor") and '
<br />(herein "Mortgagee").
<br />
<br />30,006.25
<br />
<br />(herein "Note") providing for payments of principal and interest, with the balance of the,
<br />
<br />County, Nebraska:
<br />
<br />.All of Lot Fourteen (14) and the West Half (W':/) of Lot Thirteen (13)
<br />Dean's SubdiVision, of Lot Six (6) of Fairacres Subdivision, being,
<br />Section Three (3), in Township Eleven (11) North, Range Nine(9)
<br />,West of the 6th P.M., Hall County, Nebraska
<br />
<br />Together with aU buildings. improvemlmts. fixtures. streets. alll~Ys. pa.'lSageways. easements, rights"privileges and
<br />appurtenances located tUllreon or in anywise pertaining thereto, and the nmts. issues. and profits; revel'llions and remainders
<br />thEireof; including. but not limited to, heating and l:ooling equipment and. suchpl'rsonal property 'that is attached .to the,
<br />improve,ments so as to constitute a fixture; all of which, indudingreplat'ementsand additions thereto. is herebydeclated
<br />to be apart (.r the n~alestate st'{:un'd by the lien of this Mortgage and all of the forl'going bl~ing refened to. herein 85 the
<br />"Property" .
<br />
<br />Mortgalgor further convenants alldagrees, with Mortgage.,. as follows:
<br />
<br />1. Pllyment. To pay the indebtedness and the interest thl'mon as provided in this Mortgage aAdthe Note.
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<br />2. Tiltle. Mortgagor is the owner of tlw PrOPflty, ha;; thl'right and authority to mortgage the Property, and
<br />wurants. that the lien created ht;reby is a first and prior !il>f1 Oil the Pmperty. exct'pt a.s may otherwise be set forth herein.
<br />
<br />o The Property is sub~t to a Mortgagt' whe.rl'in,
<br />
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<br />"- "'-"-""--"-'-..'''-~'''~'-~"' ...._.___"___._________~____m.~___,.__._...___
<br />
<br />
<br />is the Mortgagee, recorded at Book __.__"._, , Page" of the Mortgagt' RN'Ords. of __.,__,.-.-:_.",,__,_ (',ounty,
<br />Nebraska, whiteb Mortgage is a Hen prior to the lien created her('by,
<br />
<br />o Other .prior liensorencum.brances.:"_,,,...,.,.
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<br />... ~".".- '~'--"'~--""-~'~ -.._,~- "_... --~'-"-'--'-'--._"-'-'---"-~-"--''''---'----''"'-----.--
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<br />4., Inspranw. To keep the improvements now or hereafter located 011 tlle felll estate descri.bed herein insured
<br />'!iamall~ by fire,and sueh other. haz&:ds as Mortgagee f!lay require, in amounts and with.emnpanies aeceptable to th"
<br />floss undet such policies thec Mortgag~ i~ autilQri~ed to
<br />etie",-. all claims theJ:eunder at its sole option, authoriz~ti to eithl.1r . , the
<br />orupoo the indebwdness seclUM hereby'. but payment1;hereundef con:
<br />in full.
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