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<br />MORTGAGE
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<br />83;... 004510
<br />Schuppan's Sales & ServLce};.lnc.;..
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<br />(ltlirein"MO~>i).,'
<br />MortgllgOrisindebtedto Mortgagee in the principal sumof$ 32.780.00 ,e\'idencedbY ~OltgagOr:Sil6te:'
<br />dated August 19, .19 ~rein"Note") providing for payments of principal andinterest,with thebalim~~ftlte' '.
<br />indebtedness,ifnotsoonerpaid,dueandpayableon August .19, .1986.
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<br />See Attached Exhibit A
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<br />Together with all buildings. improvements, fixtures, streets, alleys, passageways, ...asements, rights, privileges and
<br />appurtenances located thereon orin anywise pertaining thereto, and the rents, issu...s and profits, reversions and remainders
<br />thereof; including, but not limited to, heating and cooling equipment and such personal property that is attached to the
<br />improvements so as to constitute a fixture; all of which, including replacements and additions thereto, is hereby declared
<br />to be a part of the real estate secured by the lien of tbis Mortgage and all of the foregoing heing referred to herein as the
<br />"Propertytt .
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<br />Mortgagor further convenants and agrees, with Mortgagee, as follows:
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<br />1, Payment. To pay the indebtedness and the interest thereon as provided in this Mortgage and the Note.
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<br />2. Title. Mortgago'r is the owner of the Property, has thp right and authority to mortgage the Property, and
<br />warrants that the lien created hereby is a filst and prior lien on the Property. except as may otherwise be set forth herein.
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<br />o The Property is subject to a Mortgage wh...rein _.,__._.._,
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<br />is the Mortgagee, recorded at Book , Page _.__". of the Mortgage Records of
<br />Nebraska, which Mortgage is a lien prior to the lien c....at..d h..n>by.
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<br />o Other prior liens or encumbrances: _.___.. ,...._ ._,.____,_._..._.
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<br />County,
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<br />3.' Taxes, ~nts. To pay when due all taxes, special assessments and all other charges against the Property
<br />and, uppnwrjtten demand by Mortgagee, to add to the payments required under the Note secured hereby. such amount as
<br />may be sufficient to enable the Mortgagt!e to pay such taxes, assessments or other charges as they become due.
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<br />4.. ~ce,Tokeep the improvements now or hereafter located on then>al estate described herein insured
<br />against damage by fire and such other hazards as Mortgagee may require, in amounts and with compani...s acceptabl... to the
<br />1!f~'aJ\d' wit/l.IOllS' .payabl'l to, the Mortgagee. Incase of. loss und'lr such policies the Mortgagee.is aut/lorized to
<br />'lidjuSti tplll!c:t ..anctCOlJlPro~, in its disc1'lltion, allclalms there!1mler at its soleoptioll, authorized to either apply the
<br />p~:tQtl1e,restorl\tiQIlQftheProperty;c>r upQothe,indebtedness secured hereby, but payments hereunder shall COD-
<br />*l.\!e,'UlItiltheS1.lll\SseC:U{edbe{ePY .l!l'tl. paid in. f!1ll.
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<br />,~, 1:} ElIClrow For Taxes 8Ild Insurance. Notwithstanding anything contained inparagtaphs 3 and 4 hereof to the
<br />,~Jrap:;~~rtgl1@r sh!lilpay to the Mo~eeat the time, of paying the monthly installments of principal and interest.
<br />C)!lft~ejftl1Qt the~y tUes~asse~nts, hazard i~urance premiums, and gro!1nd rents (if any) which may attain a
<br />pn!!n~(",~rt~ls\r.t~rtg4gc;, alias reasonably estimated frorntlme.to time by the Mortgage~. The amounts so paid shall be
<br />. :~~,lt>;, tlt~t,f()r~C!IlWith,Cl':ltinterest, an!! applied to the payment oUhe iterosin respect to which such amounts were
<br />, '. ., . .. ~~;T!'!l.sJl,lilsP!lid~M,mtgag!le herellndllr are. pledged as additional securltyfor the indebtedness secure,d by this
<br />. , . · . ..'~r8\l~P!lyt?M~ethlllllJlountofanytleficiency between theactualla1<es, ~ssments, insurance
<br />lU\d"gra1l,lld.~tsand-the.~pQ.,lts hereupder Wcithinl0 days af.ter demand.ismade.upon Mortgagor requesting
<br />'pa~t~f". ." , "
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<br />'.llr:!l"~ ~!li.\l~~~ lllMl:.. Topl,c>!t!ptly repair. restore or rebuild . any buildings or improvements now.or
<br />~t:.I!f~rt,Y;to ..lteept\1jlPrClP!;rty In.~~4,copditiQil. and repair, without ""aste, alld f.ree from mechanic's or
<br />"..'r!9.t.~p,~y s~rdi,na1Nli totbfUIlD h<:reQC; nQt to malte, s!1ffer or permit any nuisance to exist, nQr to dimin,
<br />Isbopm~~ tll;!l;~\leQ(the. Pl:operty by any al,lto,(m:1iSSiol1,tQ act; and. to comply with all requireml>nts oflaw with
<br />~ll~/.jlthe 1'JQpe!iY' '
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