|
<br />83-D04368
<br />
<br />
<br />MORTGAGE
<br />
<br />This Mortgage is entered into bet.ween GeraldA. Jantzi
<br />and Sophia Jantzi~ husband and ...iie; and Antonio TziICikidis
<br />and Christina TZirikidiS', huS'band and wH'e(herein mortgagor)
<br />and The Sti!rte Bank of Cairo, A Nebraska Banking Corporation
<br />(herein mortgagee).
<br />
<br />Mortgagor is lndebted to Mortgagee in the principal sum
<br />of $25;000. evidenced by Mortgagors' note dated August 16,
<br />1983 (herein Note) providing for payments of principal and
<br />interest, with the balance of the 1ndebtedness, if not sooner
<br />paid, due and payable on February 16, 1986.
<br />To secure the payment of the Note, with interest as
<br />provi ded therei n, the payment of all other sums, wioth
<br />interest advanced by Mortgagee to protect the security of
<br />this Mortgage, and the performance of the covenants and
<br />agreements of the Mortagagor contained herein. Mortgagor
<br />does hereby mortgage and convey to Mortgagee the following
<br />property located in Hall County, Nebraska.
<br />
<br />Part of Lots One (1) and Two (2) in Block Eight (a)
<br />Original Town of Cairo~ Hall County, Nebrasda, Described as
<br />beginning at a point 30 Feet North of t.he Southwest carner of
<br />said Lot 1, Block a, on the Westerly line of said lot, thence
<br />Southerly along the Westerly Line of said Lots 1 and 2 of
<br />said Block a, a distance of 70 Feet, thence Easterly,
<br />Parallel to the Southerly Line of said Lot 2, Block a, a
<br />distance of 140 Feet to the Easterly Line of said Lot 2,
<br />Block a, to a point 10 feet North of the Southeast corner of
<br />said Lot 2. Block a, Thence Northerly along and upon the
<br />Easterly Line of said Lots 2 and I, Block 8 a distance of
<br />52.08 Feet to the Southerly right of way line of Highway *2,
<br />Thence Northwe$terly along the Southerly right of way line of
<br />said Highway .2, To a point which IS 30 Feet Northerly from
<br />the Southerly line of said Lot 1. Block B, Thence cont.inuing
<br />Westerly, 30 Feet froe the Southerly line ai said Lot 1,
<br />Block a to the point of beginning.
<br />
<br />fogether' '''Itr-. all bt.tlldlngs, lmpr'ovement.s, flxtLwes, streets,
<br />alleis~ p~ssageWdYS~ edseffients~ ~lghts~ privlieges and
<br />appur'tenances locrlted the.'eon Or' In anYWIse per'talnlng
<br />thereto, and the rents. lssues ana oraflts, reverSIons and
<br />"ema1nders thereat. ,~ll of WhICh, lnclL.Cllng ,'eplacements and
<br />addItions thereto, IS hereby declared to be a part of the
<br />r.eal e..tate secured by the 11 en of Un s /'lor'tgage and all of
<br />the foregOing beIng r'tder'r'ed to he.t:!ln as the "Property".
<br />
<br />MQrtg..Qor fur'ther con\ll?nants and agrees Wi th I"lartgagee,
<br />as follows:
<br />
<br />1, Payment. 'Q pay the 1 ndebtedneS5 and the interest
<br />thereon as provided in thiS Mortgage and the Note.
<br />
<br />~, Mot'tgagor is the o...neF of the F'r'opet-ty, has the
<br />f'lght and a\-,that'll)' to mottgage the Froperty, and warrant,.
<br />that the lien created het-eby 1S a fIrst and prIor llen an the
<br />Property.
<br />
<br />3. To pay when dUS1 all taxe!$, special assessments and
<br />all other' charges agaInst the Property and, upon written
<br />demand by 1'10t'tgagee, to add to the payment required Linder- the
<br />Note secured her'eby, such amOl.\nt. as may' be suffIcient to
<br />enable the MQrtg",gee t.o p..y such taxes, assessment.5 OF eIther'
<br />ch.>trgelO as they become due. 0 ,','-
<br />
<br />4. In tht\' event the Property, or any p.u'ttherE;toof',
<br />..haJl be t..l<e-n by emi nent doma.i n, the Mor tgagel;; is empowert'i'd
<br />tot:ollect ahd rEllce:! \Ie all co.llpensatiOf1 which may be p.nd {or'
<br />.wy proP.\wty tiilli,efl <;ir' 'for dtilmaQes LO property not t,aken, and
<br />Mt;;rtQillQ<lHl! Shillll apply lO(Kh compli!f1Satit:'fI, at its opt1on.
<br />.t lb.r" to .. l"lO'ducli on of thl;! i nehl'btednes'5 'E>EH::;Uf' ed hereby Of'
<br />to "'""pdlr ",no relllto"e the property SQ da.maged.
<br />
|