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<br />MORTGAGE
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<br />834+04229
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<br />TlJis MOrtgage is entered into between
<br />
<br />Delores D. McCoy, A Single Person
<br />
<br />(herein "Mortgagor") and
<br />
<br />Five Points Bank
<br />
<br />__(herein "Mortgagee").
<br />, evidenced by Mortgagor's note
<br />
<br />MOrtgagor is indebted to Mortgagee in the principal sum of $ 9 , 000 . 00
<br />
<br />
<br />dated August 1, 1983 (herein "Note") providing for payments of principal and interest, with the balance of the
<br />
<br />indebtedness, if not sooner paid, due and payable on Augu s t 3, 1 988
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<br />TOSI!CUreth'e ptyment of the Note, with interest as provided therein, the payment of all other sums, with interest,
<br />9fIl_;~t the security of this Mortgage, and the performance of the covenants and agreements. of
<br />ntalnea herein, Ml?rtgagor does hereby mortgage and convey to Mortgagee the following described
<br />
<br />Hall
<br />
<br />County, Nebraska;
<br />
<br />property located. in
<br />
<br />Lot One (1) in Block Three (3) in Dale Roush Second Subdivision,
<br />Situated in Part of the East Half of the Southwest Quarter (Il~SW~)
<br />of Section Fourteen (14) in Township Eleven (11) North, Range Nine (9)
<br />West of the 6th P.H., Hall County, Nebraska
<br />
<br />Together with all buildings, improvements, fixtures, streets, alleys, passageways, l'asements, rights, privileges and
<br />appurtelJlll1ce5 l<X:ated thereon Of in anywise pertaining thereto, and lht' rents Issues and profits, reversions and remainden
<br />thereof; including, but not limited to. heating and cooling !'quipment and such persona! property that is attached to the
<br />improvements so as to constitute a nxture; all of which. including r!'placements and additions thereto, is hereby declared
<br />to be a part of the real estate secured by the lien of this Mortgagt' and all of the foregoing being referred to herein as the
<br />"Property".
<br />
<br />Mortgagor further convenants and agrees, with Mortgage." as [ollows:
<br />
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<br />1. Payment, To pay the indebtedness and th!' IDterest lhl'reon as providl'd in this Mortgage and the Note.
<br />
<br />2. Title, Mortgagor is the owner of the Property. ha., the ngbl and authority to mortgage the Property, and
<br />warrants tbat the lien created. he~eby IS a first and prior hen on the Property. except as may otherwise be set forth berein.
<br />
<br />o nw Property is subject to a Mortg/lge wht'r...in ~
<br />
<br />is the Mortgagee, recorded at Book _'_____" , Page _ of lhe Mort~.ge Rt'Cords of _,_______,_ ,,'___ County,
<br />Neb~, wbich Mortgage is a lien prior to tbe Iil'n ae.tl'd hl'n'by.
<br />
<br />o Othl1tpriorllens or encumbran~'eS:_
<br />
<br />
<br />3. '}'pes,~. 1'0 pay when due all taKes, special _ments and all othercbarges against the Property
<br />and, llpgl\writtel1d!1lll.\lllli~y Mortgagee, to add to the paym...nts required under the Note secured hereby, such amount as
<br />~,bec Sll.ffteient,tl) enable the Mortgagee to pay Sllch taxes. _ments or other charges as they i>eeome due.
<br />
<br />.,. I~. To ,keep the improvements now or hereafter located on the r...a! estate d~ribed herein insured
<br />~1I&t~ by fire lWd such other hazards as Mortgagee may require, iil amounts and witb compalliesact'eptable to the
<br />~,.andwjth}~,~l>le totludol.o~. In c~ of lossund!>rsuchpolicies theM,otigageeisauthoriZlld to
<br />~l,.'~j:t a,Qd:.tXl!!U!ronUse' in.its~tion, aUclaims.the,rt<undllrat its.sole OPUt)ll, authoriz.ed.to either apply the
<br />~totl!f t\l5~ration,o( the Property Or upon tbeindllbtl'dne$S .!iecured hereby, but payments hetllundm: shall con-
<br />tj{liW UlItll~s~.~b;;~bY atf:.. plIid in fllll.
<br />
<br />S. 9~For~ ~dlllllllal!Ce' Notwithstcandinganything contained in paragraphs 3 and 4 hereof to the
<br />~~,~~~l,.y,to tlreMo~tpgee at the time of ming tbe monthly installments of principal and interest,
<br />~t~,.nt~Y~Ytalc~,~ts, h~lIdin$UranlJ(!premiums, andgroundrt'nts \if any) whicb mayatwn a
<br />'o,WlJ.ttJisM~, aUl\ll~lll\hIY @$til!lllted from lime totlme by the Mortgagee, Tbe amounts sopaidshall be
<br />. . .~wiili;~llt~afld ~lftQ the payment of the items in . reapectto whicbsucb amounts were
<br />~,~g.~ .~~der.ue~l\ll additionalst'cllrityfof the Jlldehtedne$Ji $l."Cured by tbis
<br />~{/IIf.~cM~ ~l\lIU)t\I)~ oCaIlydeficle!lCY between tlu! aetUlll !.lUles, _Sllm~nts,. ill$uranw
<br />)'tljtilnll..tlle' t.Ilij1l.)Sj!Jl ~!.'tll!lde.twltbin.10 da)'s. after demand is Ill~& upon Monpaor ~qul'Stinfl
<br />
<br />.'.... ..... ..~.~.MJl!t<<II.~~.:qlll!'; . Toprom~,:vt(.paIr, n>*no or ltlblllld all}- l>ulldlnjl1' or improvements nuw or
<br />~1il'!l~~,~.~;W,~. tiu! ~~rty In~cqnditlollllllll.~r, witllQut w~te,and {r"" from mt'i:hauk'" Qr
<br />~~u.~~..,.t~~y~~~dt9t1!ftl~lulr<<>f;"~~ ma~t. "ilfwr Qrpermit MY nulUllt't' to ell.Js.t, nor 1,0 diwin
<br />lIIl10r ,_ tl!f>v~"of tm- Pwlil'rty byM)' a(ft Or omiaion ~ llcl; and to comply wlib aU requlftftli;n!,s or law wnll
<br />~1.~J~ ",..rty,
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