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<br />83:-IJ05017
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<br />REAL ESTATE MORTGAGE
<br />(~~~JoJ~~:'ffN~rl'nglWUfl'e~~m8~AR~ollffif!'band Ii wife and
<br />KNOW ALL MENBVTHEst PRESENTS: Thai ilichard L. Peterson and Helene M. Peterson, husband Ii wiJl'fiullvldtJals,
<br />jOinllyand_aIly,resldlllgill Hall Cotmly, Nebraska ,andifacorporatioflorath.._onUly,.withlls
<br />prjIlcipaI pgc. at buSiness ill Hall COOnl)', Nebraska ,(heroiqltllf ref..red lOa. "Mllllgagor") in~.
<br />llonolalll.\ortga9cr'._.liaI>iIItie.,.ndollllgationsto Commercial Nat1.onal Bank Ii Trust Company. . . .
<br />01 . Hall.. .Cotmty. S_ 01 Nebraska ("Mort~"), now existing or h....ftorine.rred. andotner val~'Cllh.:=I~ndllOld:
<br />doe$1lel'Oby set! and c_ unto ~ tile toiIowin<J descnborJ premise' .,t..ted In ___,_.fl.a~~__ County iInd State or Ne ras ,
<br />to'Mt"
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<br />Lot One (1), Connell Industrial Park Second Subdivision,
<br />City of Grand Island, Hall County, Nebraska
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<br />togethtr wIRl.1J of lhe flg"t, bU._ a."ld IMerest Gf't~ Mortg,ll)Of If'I SOld j);operty now owneu'or heftafti!! jcql,jlrw~ and all DUllamgs. irn"rgvemems, and fixtures of any type
<br />now O! hereafltr P!aCed an SatQ leal Of~ <too all easements. flg.tltS. appurtenances nws rovaltltS (j;j..fI.d gas fights and profits, water. water ligtlts. and water stOCk.
<br />aoo aU tfxtlJres !:lOW Of hereafttf .milcM<1 to :ne fcreqo!t'9 aescnoo<l prcoer\'~, an Q1 wmCI1'ncll.idJnQ ren!.l(;i>:1"lP:l'lts ana d(k:ll!ionS rMfelO, sMl1lJe deemed fO be and remain
<br />oa!1 o! tM property cov@,ea by lfitS Mortqage AU Of toe loregomg prODerty shan tie cclletteve!Y heremath:r r!.'!etred to as the Premises
<br />nus mortgage.lS !jive:,,> to s.ecure a certam PfOOtISSI)fy f\Qfe dated __..~~R_~.:~~^~_ .l_~.~ ..~,~ 9,8~ _. HI the onnClpal SVffi oi > ._.__"._______
<br />.!!!!-!:~~Y., ~_.,~~.~~~_~_..~~~? ._~:C?l !:.99", -_ _.~ _ ,= _ _ -:'_~:-- - - DcJ;"fS {S_ ~f!_OQ9_.. .Q.Q___I, il"flO Inleres! thereon according to the terms of
<br />safd not-e a.nd any aM ,l}) txUtl'-SlOnS, fenew~s, moChf<<;3liOO5 or SI.IDshtolJ{lflS Hfento1 and f<lCh .'1110 ~"'erv dem !J3tWf!Y ana otl!tqatro.n Of every tyPe and descriptIOn whu:h
<br /> tne
<br />t,lprtgagot may flOW rg a! Iny "me ~ta"er owe f(! the Ml)rtl}a~ wneUler suCh Q(!tl\ ~!3blhfV or oOhgali(ffi fHlW tr:':ists or IS Of may be- Ollec! Of motrect 'cut.Of to become
<br />dOf, ab-sorufe Of CCMj~m pr:mary (jI s.econaary i1Ql.tlOOfed (II u-nhQuK1aled, or roml. severa! 01 ~om1 aM several. at: suet'! detFts .ralJllihe,s. ana obtigations aU cOllectively
<br />~emattet ~~tet'td to.J'S ObllyaMf'.'i
<br />The !!l1,j! pHl'ltlD,11 amolint, exc-/uslVe -OIlnW~sl, 'Of the -QCkqatlons Inclu-rMg an)' future aeb-ts. dd...-arn::ts. Ilabilltlt'S Of ObiuJ.lhOns. nut lrn:;ludinq hcWevef any Stlms
<br /> acJ-
<br />va-ouo fj)f ltoe ptotet1'lOfl!1. the Ple-"WilSOI 1M M;)ftg.1gfl:e 5 mU~'est f~~ftm snail fll>l exceea lhe sum 01 -'J::__~~._~__T.g2..\J.s~d and. no/10D ,
<br />__-----=--_~:_=__ ~~_::_,.:_ _..:__=__..:.-----=. ~_-=. __:-.. _-=:-_..=-_= DOUafS r $___;1~.L9J?_Q__~ _QQ..".___, ;. pmv-lOetL nowe",!;!/. !naY M!ruOg containea herem shall constitute
<br />;5 c~t t\:1 rt~M aG01t-\Ofla! '" t{l-;;';ft loanS (JJ 4C'o'aoce1 Jf1. an~ dm<lunl
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<br />r~ Jio.n94Ql)l' !'W;!fettl' ~atfil;'lJS jI1Jf!! is fee owntl {i! It'le mM~ >e.1l prOIJ<erh IhJt.1 Wi!l oo!l"na Ihe We ag3mS! all tlJlmams w!'lOmS-{lfNer. ana It (elinQuIst\es.all
<br />filM; '01 t;omest~ m W,lIJ f"'e<m~ oiM c~':eNmI5 a.no .l;;}!ee-s .....iH':. tt~ MooQage!: 351 lNOws
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<br />j It! M"~ aut itH M~e!l k..ns j;iiJ9n".eor.; 01 a~seS$ments wnt;;:ti rn.ly tf' ~JW'Ujl1 d~S.f!S~,eo 3~<W1~t ~ne i.11ef:1'5~S <it.G lhe 1ff1:B: Cf\f.ifges upon any leases assIgned
<br />J~ aOtNlUl\ai setur,ty jN 11'tl'!i MnftQi9E
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<br />~~ '1 (\ ''''~Ult'' an~ ii:M't:> ;;';'kIf~ lh.t P,tmfStS ,j1"\-O moftl Im-p'''''''tmr-nts now Of' I)f WI1Kfl rfYy htlt'aHe' i)l.' D(3Ct!C Of! Sh1 Pfemr<;.es 10 lM SdHsfactlOn ot toe
<br /> Mortgagee
<br />Any 00l.C1l' e\l.ae~Ol"';q s-ut~ m$ll;.a~f -Sf'~lj 00- f'-!'1OtVU(I w<lt\ J. tTl',)!t-oa~ Io$~ Pfl)"ltiil:! r;:,wst. 3POfO\-W by -iifHt ,r; l-il~cr 0-' M<'H1g3gee. Jnd OeooSllw w!11I
<br /> the Mortgagee and
<br />Wlttl ~Ilt iVS$ thtrt!'!J-r:--deI' Ie ~ $a)'ame!{\ M;}rt~ee AJ ~1'Ie '-'PlIO!" iJilfli! MO!1QaQff. 'j.:um:; U'! !e-c~JVw Oil M'JJ!Qd,get Of MOftQagQf !l4ty~)t! used to pay IOf l'1n:onstruc{ion
<br /> of
<br />\he'm1ro'fff'Q +>f-t'-!!l.1Se.'S. cv. If ~t ~-O ..ep!'<<!, may",: itlll op!.tm [II Tnt M~QolO~, ~ ,a--ppheo fn p~yft\f!ni 0: ;;(<'1 ~I011;},H!OflS ~\ii\i.lfM.y unma!I.lH!d, secured by
<br /> IhtS Morlgage
<br />3: i (i ~~ atl IMiCif719} ocOJ~ .~'1(! ,n -good f'lPitf J,mi Ie felr.vn trom the tl)l'nmis.$~\ (l1 any ai:Y': at !1"'!1'J'i:t~. demoohon or imp3!!(lltr,f of the- Pre-lTlJSes. not to
<br /> cuI or
<br />rf'f'!'lD'tt. Df ~lrr>;{ ~c~ -cut Qi' fi:n~, il-1I'j wQOC l)f i'-'''r'.b!tf jrtJm YIO rUi ptoptfly, ai-Q rnJt!U tOmI'r4t or ptt'n,j dlt'f *as!l!'{lr lmpatm'tent Of Ihl!va!ue.otlbe sttunty:
<br /> to contino
<br />vousl'y tJ:iS(;t~ J;.>>'I-rt}\--'e(1 mtfll'lOC$ &. 14nnlrt-g eft ~ P'o-nIlS~ tli O!~nt tf;)'5IO/1 and !n@ ~f"".ao (I! rl(>.(IQlJS aM damagm\)' woo(ls. aM 10 pre-serve- tne fftrMfy -01
<br /> the SOli
<br />'" fh.ar al! rrw,!\~ ./p(t nl"H~S D.JYi-t1lt iH, :.1.w";3Qf'~ (II (omDenSlt~ I;:;r 1M Qkiil9 Of llile 10 III OO:;'<;'~S$,~fl tl Qr to, O.;lm~g-e W ,jP'i O\J!(JOfl (11ThI'! Plfll"f!!Se5
<br /> by reason 0'1
<br />41'\1;' ~r>4HI(m l!-rr~.ntn~ oor.~.i.m, ChJ,-"\-\if.' (!f!]1MJt 0-1 Olrtre! V""ceeom~ "!-WI ,it l!'\e j)pl~on at!~ M;}!!Y3~ t~ PJl(llo 11lf' M,()ftQJ.Q6ll' ana Stl(;:r! maneV$ ami awards.
<br /> are
<br />~ebr i~.'!l~~ m UQ(lj}!~ ~~d l~~n-! t~~j.-~ ~nau bit ~ltrea: 11"1 f.r-ii:!r at M~t;aget" itM w1ie:11 palO ik~i! De iJ:)~. <II ilS CilIH.1(], IOWflHi !h€ payment oj ttlt! ObHg;tIlOflS
<br />l<<.'\Ifec ~OO)' ,n .suer. oro.r {M m;t-"l'* &5 Yon~ m.)'y Ot'S4t$ Of tlelte'fmif'R!:_ a! Sh.ll! tie <:seo.t! a~ 1';lpflt,\P tor ~t O! taus, a5~e-ssmtHJ1S. fepallS (}! othe'f ll-ems.
<br /> fOf file
<br />-PaYment ~ 'l'tkl'J th-l~ Mortu.4-'lt' IS- ~vtt11:.)~ ~tJMy, fII~ thoG ~ Of: ifl~~ Qlj~ Of r\~ ~fi<llf\ 'P.I{,(j "U:.'lIf~Mf!f IS M~ may dt!-tttrmtf1e. ana any amount ROt so
<br />.:St<i: ~~! tle ,e_,d'S.e$ i:!. !~ "'Oti~!(j!t\t; M-~93f/Of ~Cb .ippw:.....ll')fi U( ft!U-.rse ",tiilif NIt WH! {}l W'~vt" 6ff1.~1t:()t.to!'ttIOSuJe PftJl;eedmgs il1lhe ewtnl Mortgagee
<br />~a " ~~Iy IQ ~ ot iUf!,W$' tf! ~ftOO ocMn ht<lrmg Vi' pfOC<<ltOlJtQ MOHQdQOf !.1i.f1J OiiJ.aH JeQa!.~-M#ljJl'\ COflflllCllon tnerewltl'lT H'it;IUamg 001 nollfm.
<br />>led Ie ..n~fl~$ ;f,t!. ~1:a (Ouf! ~:o~h- 4ne i,mH s,c P4Kl. ~\,dl t'-PMU1 .,tt'i \mt:'r~l 01.1 1h1l Ijjle ~I ,,): 5,< O,^ i}tfufll. Sh<ill De .<<toea 10 mil OtlhQal1ons secu-f!}(1 heretly
<br /> In
<br />S~i(;.tl. m;&l'\f:t!'f Dt Vii:W .i':; :VC!t~ T-..;l) ~11~ Vi -Qt-tlttrtitOO ro,aYi!'9 w~ t;.tnehl Olll'-i; !lfr\ vedl(l(j Mitro'!' as if fMr! l1ettl-o' <lOt} 01 ,15 onollty
<br />'.\ n'-li!;/'l- t!\e lh'C:!I\l-MO,'-'1~r !ilt}!C pay.~ Que ,arty ~.Jlte~ ~-l'll'ltd! t:f';.H'~l\; Uyvl1 ;mf j~ "'!iSlgl1~-a as 4<lOlllor.a1 sBCunfy 'Of Itw; MOf1gage. iIMS. !\iogment-5.
<br /> OJ
<br />aS5tl>~~S ~wtu\ly ;lSS(!$).UC ~m&l t~ Prtlffll~ ':1' t.,IS 11) mamtam t!lSjj',.nCtI! ~ ntnw:!oe!Qf~ PUh'tOOO MOftg.tQet'!fl<liY mi!!i~ 'i<uCh payrf!eot Of prVVll;e SuCh Insurance,
<br />Af'\ti ltj~ iiOOlJRtlsl p,iiO l~. ':.n.F ~ 4 ~ .)I me: OO~IQfiS $vfta r;e!~'( ;J.;,.'t .1M l)ay.IDlf:o iJt~dler; _ linG shaH ne-.a.r InlereSI. .jline fale 01 . . (lfftenl
<br />j,Jt! ln~ Hom ilf',c al the- hme the M-ortgi.QM makeS ivt.r; ttd.,.~j
<br />5. That I" I-!'If! ~f MOf1~ Qefauib It\ ftlt p.jYfflltfft ~ .c\n) Of Ihf ~gaJh,)ns Ql" 01 -'t\y llltt1est l~t(ln. otllhe fIrlw Wnr:fl JhJ: ~mt shali be Gue. Of W'lln respectlD any
<br />~'Of \."OOdtlion net..!_ t!\tfl_.li tt'lt- QptUJn Of ~ongaoee, l~ e'\'lhrt UDllQit!tH15 SIKuleO lletetty $na~ fcrthWHI1 Ot;:OfFt:' oue.3oo paYdble anCl tile Mortgagee may im.
<br />~ itneJtH Ult5 Mortg.lljJf Of )hJrstlt iq otner ;l..liQt)lj! .' femeQy In the Milt ol jfly ac.tlim Dr MOfT~ 10 tln101C.e {;Qifti(;ltOn (}l ;iny oj tne Obhgations s8Curt!(j
<br />rweoy, t~ Mof1~ .~ tt\.a1 an. ~penS& H\t~ *'t~i hmdattoA .JttothtyS' 1m. and Ct)il\ lI1(:UHe(i u1 tOflnecM"l lhe-rftWllr! /J{ Incurred 10 ptOCufe or extend an
<br />jb$\fi(.t of th Sh.IR. wl\tl'l mcufleQ t)I o.t!C b;: t..Iort~. beCome Ii pat! Q$ the onttgat-lO.fiS -setUfetlllP:!-feDy jID() mall De pa:o 0, Mortgagor together With all ot tl\e ta~Ote
<br />O)S.ls o.t M.b J;tto'\
<br />1 t~ 1ft tbt tNelll iffy actfOn is DraugN t;- torKfOY Un! MoftgaQe WI au -Or 6ft)' PoVl-Of the onllt}ilUOflS secured lle'l'eby rr.e Mo.rtg.:igee $1'1.11. be en1nltlO to lmmtKl.Iale
<br />~ of 1n. ~ Pftmt!iti, ahtJ tht eourt. 0$ a ~ tl\ertof fr. YllCatiQll flU., apf)QIffl ano fna. MortoaQ(H Mlepy (.llnsents 10 lhe aWOtnlf1lefll Of a tec81ver to lake
<br />~ ~ satU Prmu to ~ oiM re:cewe tel1t$ aMI plants lI{~ tne(t!!rom, a.w from iII~ mcnty!. ~ COlieCled. 10- pay liilte5. .Pf0Vl1;\t: lflsurance. make- f1eeoea te.
<br />~ to~~ t,ij)Of\ tht Pl'06lIH'$. aM m.u.t-any: otMr ~u'e-s aulJiOfu-et1 by tne coon, .anti apply all)' ~lJl1l fel'J"..w'.;fWJ aUt! me pjI)'mf:fll Dl suer'! llultlOrtzec1 e.
<br />~UJel \,II>>' H'It! ~
<br />! fn.tl ~I QK tiN;f of M~ b) ftefOSt.ifi1 ot Its r~$ Of p{l~ {W !Q iflS6.1 \,It<Qn stfK~ OO11.&m.inte fJj ~ny CCvrtftatl;S tIr agreements 01 MO!!gago,r COtl!aIfl'
<br />ec ~ ~ ~ SlWl newef oe constflJld i5 .. ~ i)i any feQ4itfetnem l)1l'JbtlgahQFl m M<<1gaQOr ilf H\lof or femecl, 01 Mwtg,age€ cO.J'll,rJ;m~ 1ft OJ wsec uj)1)n any \"N 1M
<br />leUll$, J)(0ti~_ ~Ct ~nanJ5 qtf:M"'~ OJ any fuhiftl ~
<br />-S r<<il.~ta$tGf~MUte,~QCanycftM~Of IDca$eOl piyt'fll-Ol by Uort~atif\ylten, luagrrlt'-fil. la~, \D5iJfd!'l(il'. !';DS~, Ofe:ilptmStt< wid
<br />~ ~ ha!tI ~I'\t-~. wID'tout 4Idiring tf*-wM4t ~ due an6 ~ 1-0 klreGlo$e j)f\ atCOUlll 01 such ~tll( Of!lJ,i.l!t lOt we!'! OOllgaIIOO! as ice If!
<br />dIlId ~ ~ ~ ~~ be NOw 1M iWlQ ~ heftul- may tit sQO. ~ to tne llf)p.ltC/ ODltQa!tOflS rteffWy s<<'u{eQ, ,;;-.(\ thl!'; Monqage shalt
<br />_...........aow""*_I#I..llllIlQaIiIln>
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<br />10 ~.J$IiQnI_4Itwtr$1O \he ~ it! flight, \mI, tnt.lSt aM flelr'~ 1M 300 to rerns aM PfOhl$ 01 the Pren-IIsts aM 00t>$ ,uS-lQTt 10 Mortgagee all
<br />.... dw-~oowgr~ m.tdt, Wl-iOeft-ot flat, ;).t)d(kJft,empGW<< M~ iO~1 al'lO.:~ t-CJf ail ftn!$. MQI1~ (,ilretf&.lH lmants tQ-pay rtnt Out or
<br />to- ~ _ to'~, The tItm -01 tm$ ~ is.umH tiM ~ ire hdf'( P"'Ki Thts J5SJgMleOt sl\,t;tj OO~ become GPe!fiJllvt, unJe$.S Oil:fiWlt 1$ !t1ade m 1M
<br />_._,""'_IIIanyoll!lO~..lhitl!GrtOIflO,
<br />1"1._ d ~ _. #li.~-MIiItS-MI""'{t6. t01d.,wItboul tnt $)1* wrintn COOseN Of HWl M~.. tne Obfloaw>nJ llW,,- .it tf>e opll()l"' 1)$ fne htot1~ bti O&ciired
<br />..-., _... ~..., _ MlI<IiIfjolllllY lie ""-.. >01 10:10 '" IW._ 6."" lotIO" .....'-
<br />None
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<br />!<.n.,u.._ ...~..... _ III.. _lI04l_.__ _..e,." "'''.'l
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<br />\3.. 15ft 'OW ~........, '1Ni. .~ IN ~ '\li'!ittan COR"," gt ~, ~i~ i)l: otf\e(Wl$t!: .nc..a~i ih.t! P-r~l'nt~ W J)etl'rnt If\,(!: P1wrn5eS- to tIo itn
<br />~...,tal.'L~~_, ~Md(t""-i~ffIlrt. ~ail~~'lllue-\~yQlJtlljfi(/~Y.;~oiM If< 'S>..'{!'tl:vtl~ thJ~Mofl~~betol:f!-
<br />_..... _,. __ 6""" f If{!Ill> M",,-
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<br />t._ 1..~.,.~__~..~~(;UIN0l YQIiO, ~1;u-thptOVt$./GI\"b.iiOtOf!:tlr..-a \lfj.if~ l,;J;1llfW:l i~)T~'i\,j't~OH'~I~-i!)n~a..1l(I ,.1t.lf.i!rI no 1!Il'C'f
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