<br />MORTGAGE
<br />
<br />83-004382
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<br />'IbIs Mortgage is entered Into between
<br />Husbandand.Wffe
<br />
<br />Thomas E. Hoeft and Betty L. Trentman Hoeft.
<br />
<br />
<br />(herein "Mortgagor"). and
<br />(herein "Mortgagee").
<br />MOrtgagor is indebted to Mortgagee in the principal sum of $ U 0 .000. 00 , evidenced by Mortgagor's note
<br />
<br />214/S3
<br />
<br />(herein "Note") providing for paymentsot' principal and interest, with the balance Of tile
<br />
<br />indebtedness, if not sooner paid; due and payable on
<br />
<br />2/4/84
<br />
<br />Tosccure the paymentoftheNote',withinterestas provided therein, the payment of all other sums, with i~tere3t,
<br />advanced by Mortgagee t!t',ptoticlnHlf s~lIrjtyofthls Mortgage, and the performance of the covenants and agreements Of
<br />thl> Mortgagor contained ~ili,:Nr6~(ag9tPoos hereby mortgage and convey to Mortgagee the following described
<br />$:::',--~;:."", " - " - - ,
<br />property located in !fall County, Nebraska:
<br />
<br />Lot Five (5) in Sunset Seventh Subdivision being a part of the
<br />Northwest Quarter (~V~) of Section Eleven (11), Township Eleven
<br />(11), North, Range Ten (10). West of the 6th P.M., in Hall County,
<br />Nebraska
<br />
<br />Together with all buildings. improvements, fixtures, streets, alleys, passageways, easements, rights, privileges and
<br />appurtenances located thereon or in anywise pertaining thereto, and the rents. issues and profits, revenions and remainders
<br />thereof; including, but not limited to, beating and cooling equipment and such personal property tbat is attached to the
<br />improvement5 so Illito constitute a fixture; all of which, including replacements and additions thereto, is bereby declared
<br />to be a part of the real estate secured by the lien of tbis Mortgage and all of the foregoing being referred to bereinas the
<br />"Property" .
<br />
<br />MortgllgQr further conven8flts and agrees, with Mortgagee, as follows:
<br />
<br />1. PaymenL To pay the indebtedness and the interest thereon as provided in this Mortgage and the Note,
<br />
<br />2. TItle. Mortgagor is the owner of the Propeny, has the right and authority to mortgage the Property, and
<br />warrants that the lien cre.ated bereby is a first and prior lien on the Property, except as may otherwise be set forth berein.
<br />
<br />fi'lbe Property is subject to a Mortgage wherein _ ___,
<br />
<br />is UJe Mo~, recorded at Book __ , Page __ of the Mortgage Records of
<br />Neb_b, which Mortgage is a lien prior to the lien created hl'reby.
<br />
<br />o Other prior liens or e~umbrances:___,__._______.__,_,__________________
<br />
<br />Hall
<br />
<br />County,
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<br />3. Tues. Assesmenla. To pay when due all taxes, special assessments and all other charges against the Property
<br />anel, upon written ~d by Mort.,.,." to add to the payments required under the Note secured hereby, such amount as
<br />maybe sufflt:ient to euable the Mortgape to pay sucb taxes, assessmenls or other charges 8.< they become due.
<br />
<br />4.11lllll'lll1ce. To keep the ilUpro~ements now or hereafter located on the real estate described herein in&ured
<br />~t ~ by fire and such other huart\l; as Mortgagee may require, in amounts and with companies acceptable to the
<br />t.!I?~, ~d wit/) loss. ~able to the Mortgagee. In case of 1065 under such policies the Mortgagee is authorized to
<br />ad'~ CQIIeet llDd1:Oropromi$e, In lis discretion, aliclaims thereunder at its sole option, authorized to eithuappiy the
<br />~ to thf1. J:l!Stotati()\l otthel'roperty or upon the indebtedness seeumd hereby, but payments hereunder shall eon.
<br />Ujl~ ..llI!l.IltlKlsl.\IIISseewed heteby are paid in l\ill.
<br />
<br />
<br />50 0 ~wFot,Tu:., and l~ce. Notwithstanding anything contained inpamgrapbs 3 and 4 hereof to the
<br />~~, ..~ shaU pay to the.:Mortpgee at the time of paying the monthly installments ot prtncipal and interest,
<br />~of.a.e,~ytues,~"',.hazjI.rd_~UW1ce preJ!liu~, and growdreols(if any)w~cll may.twn a
<br />~OvefUlls~.lilt If!:~bly estimated fr!lm time to tillle by the Moitgape. The amounts so paid shall be
<br />. . . _ ,,_. _ with~t, intereStind applied .to the payment of the items in respe~t to which such amounts were
<br />tum!l'..~ to.~ hereUnder an pleqed as additional security for the indebtedness secured by this
<br />.... ~..,t4Mo#pgee tlui amount of any deficiency between Ihe ad\18l taxes,lIS8('S.Srnenls, insurant('
<br />:F~dftlii.sand the~t.t herelUlder witbln 10 days an.r .demand is made upon Mortgagor requesting
<br />t, .
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