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<br />REAL ESTATE MORTGAGE 83- U05030
<br />(Open-End, To Secure Present and Future Obligations and Advances)
<br />KNOW All MfN 8YTHESE PRESENTS Thai Frontier Properties, Corp. ,ifindMduaIs,
<br />Join!Iy iIIldseverally,'esldlngjn County, ,,' ,; and if a corporation Of olllef business enllly, wKh Its
<br />princip14 ,,-ol.""_ in Hall CoonI\', Nebraska ,tnereman.. 'eferredlo as "Mortgagor") in consic!eri>
<br />liORolall~'si_ness,liablliliOs,iIIldObligalionsto COmmercial National Bank' Trust Co.
<br />"f . Hall. County, Stale of Nebraska. (PMortgagee") now existing or nereanerincurred. and llIlle' valOObleconsidmlionlnhandpaid,
<br />_hereby 58" and convey un" Mort_lhe followinO ClBSCribed premises ..Iooled in ,_ Haj"L,,,,_ _'__ CoonI\' and Stale of . Nebraska
<br />lo-wll:
<br />Lot Thirteen (13), Kallos Subdivision, Grand Island, Hall County, Nebraska.
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<br />t\'lg8ther wfftl JU 01 the fight, lItle. and Interest of Ihe Mort~ in saKI pr()perty flOW OWntl;l or /lereatle1 :.iCQlJlre'J ar'\d all omldings Imprfweme01S. and flx.tures of any type
<br />flOW or Ilereafter plaad on sa<<1 real property .lOCI all easemefTls f19n15. appurtenances rents. ruyaltl('s, 0:1 oilnd gas righfs anO profits, water, water dgl1fs. and waler stock.
<br />aM aU 1ixtures flOW 01 nertattctf allacheO to lhe tOteg.oing destfttleO Olofwty. all 01 whlth rnctudll1Q repi,lcpmenlS and a<lditions thereto, shaH De oeemed 10 be and remain
<br />uart cline property cQ'.rerl!O by nits M(lrtqage AU of ttlt tCttegot!lg property shall oe conec!lveiy f1erCln,:;IlC! r<.:lel',elj to as the Premises
<br />Tl'il$ mortgage is gwen ro SetUff:! a: .w1.wo promiSs.l)cy note aaled ~~~~--.r_..J" ~ t... "J..~!3_J in lhe OWlClpal !,Um 1)1 .~.Q!"!Y .thousand
<br />Li':lrfL.hundx:eJ:LilnJl. _tlQLlQ.9::,-:,::,-_-:,:-:::::-=::.::::::..::,-:::::::::,:-:::. Dol"" IS-'!J)L2QQ" 9,9,._, ) andln'"es' 'ne,oon a'cordmg 10 Ihe lerms 01
<br />saKI note aM aflY and .aU e-rlensKms renewalS-. mocI.hcatlOns. m substltlllloJ\s t~~rfl(}1 aM each ana eve!y aeot hal'nlily aM obhgatiol'\- of every type- and descrJption whIch tne
<br />MortO'OOf may now r:r at any fim! ~eafter ~!O 1M Mott93Qee. wnetrw such OeOt, haOilllv or oOllgalHJn r.ow e)!lsts 01 1$ or may De Cife(:t or indirect. due.or 10 become
<br />aue. atlSOlute or tnnllnqen!. primary' Of seeonaary liQUldaled or unliquidaTed: or JOint. several, {If ~mt .anti several. all Such {lebls ttab!hhes. ana otIllgatlons all collectively
<br />herelnaftel reh~Hed li1 JS ObhgahOOS
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<br />The ,otal pnnttPl~ amount. et.t:lu'SNt tM interest. of the Ot:.i19aMns mtiu{M9 any fulure !Iebts ad"ar.ces lIabtlittes- or OOhgallOns. nOT inC!iJeflRg hoWever. any sums ad.
<br />"anceo tor the'protectlOn of 1l\e Premises Of tr'le Mortgagee s mlerest tMrf!1n, shall not exceed tl1e Sum 01 E!._gll.!-Y-Qne thousand and no/10Q--
<br />_______________________::-==-==.::.=.=.. Donars IS^~_~!.!.9_Q9.~QQ_~_.., proV!ooo. llowever tnat nothing contamed herem shall ccmstltule
<br />a commnment 10 mate aGdltlonal Of tl,lfUle loans 0; aO'ianc-es !J'i an',' <iHlOUM!
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<br />roo Mortgagor nere!Jy W'art-il~TS mil! tT 1$ tee !)WCltlf of the moftgaQed re.,al proOt!'rty tl1a! it wiil o-e!e!'ll lne !tHe agalt'lst all cialmants wnomSQf!ver, anell! relinQuishes
<br /> all
<br />(_ of ~fUd m -saKI Premises ana CMnant$ -dIla agues Wlttl: tile Mortqag--ee a... li)ilOW':i
<br />\ TfJ-!MY when due "ui taxe-s_I1~s. r-..KiQ1I'Ifl\!5 01 a$5essme-t'lIS Wil,ct; may be iilwiuliy asstssed J'i.W\~! The PremIses :3110 tne reflta! chafQes upon an,! leases assigned
<br />as addfhl:)nal s-e{l.lr-rty far tt!lS Mongage-
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<br />'2 1-0- ~f!SlU(! ano ~teO I!1SU!eC the- P!I&fllSe1o a.'\o ot~ lrr.pr$'l!'!7)(InIS now on Q.r wr'hch l'N'i hereal!1::1 OJ! Ol,iCeU Ofl $J'O Premises It) me SiltrsfacMn oj Ihe Mongagee,
<br />Arty pol<y a1i~nt1n9 S\K'l-l"l.l~'Sural':C.'!' sll~l tKI endOfs~ fJI11'l Ii morf9agft lOSS payable clause, app!(NOO- u~ ,'lJ\C In Ia-vo: m Mongagee. .Hlt] deposlteo wI1111he Moft-gageeanc
<br />wlln llny loss lnerl!'tJOOtr w tJt pal"an~ 10 M~g.agee .t.ll:'!e apb\ln 01 tht MOfto-a~ee sums s\.' ,eCelYOO 0'1' Morlqagee Of Mcrtgago-r ni.3y De use1lO !l3Y IOf reconsUuction of
<br />l~(te$t~ Pre-mistS, 0' tf nol Wolpprtd. r.:'..a., al !ht-opt!{f!'tl)l tlle MortQaqee. be aoOl~ m Pilyn'\tl;ll:! ot anv Otillgd-hoI\S. ma!ureO Of \.iI1maturea Setu~ed ny HilS Mortg.tgit
<br />3_ 10 !i.~aH ti-',.nkJlngs octupIW.mc In ~ fepilf anQ to re-tram!foro tN~ CommISSIon 01 any ac~~ o! ft>m9:....l1 dernoll!lO" -co, Imp.llfmel1l of lhe Preffil5eS:. nOl to cut or
<br />r~. Ott)ffmrl ~(ll)t-c.lJt 01 rttnOYtd. any 'oVfJiOO Of!nnbef from Sol,!) teat ()fopefty, ,ind nolloc-amm.l cr pe-!m~l J,IIYw;meOf rmt:J<llfmenl of If\-e'va-lueof lhe securitV'- locontin-
<br />tlOli$ty ptaetite: appr-oveo ~hOOs m tamnng (lfl. sald Prt.rmses, fO QfMnt efOS~ al"!1j Ul:e spread of no~lO..~ ;JnQ- damaq1fl\i wet'lj~. and te Dn~sefVe lt1e.lertlllty of the sod
<br />4. H"..l! ,ail mom!'{ j:'M1 awarGS paya.DU!: as l1ami~ O! campttnsatlCn!or lhe fa<<lf\9 0' hUt 10 (}/' pc~$t!~'5lon of Dr lor Odf>1.lge to dny oortil)f; -ollhe Premises by ula$On 01
<br />iny t-onde-mnaliOO, ~~t m~naH'l_ (:naf'!Q~ iN Q.ta.oe, or Ofhrr prQC-ttlOlflg $l'1~!..11 !i'<e option o-t lrte M:Jfli.j..l.qee, 00 paid 10 ll)e MortQJQee. and such fl'lOOeys and awards
<br /> are
<br />1lefflJy a5$19rted l{;I Mcrtgagte,.no luOgmtnl ttlttetor ~Ntl.Mt1iJefedm l,1V-fM-(Jf WOI1Ql~. ano wilen p.!:JO S.11~1! be \,l~, af Its ljptJQIi. toward me payment ot the ObligatIOns
<br />SCCUfed hItf~ Iii: $~ OfQe1 Of maft/'iillr ~$ Mortgagee !NT oesu, or d&rMme. Ol Sl101M Ot lJSCW.;J its opt~. for payme-nl 01 taxes. 3S:ieSSmen!s. r(!p-aus or otner tlems lor the
<br />pay1'Iltlftl 0.1 .-r>>e:h Ir.f~ MOl'tgatJt!' !-S 91'Aif! is ~f.lflly. wrl!lhe1 TM: ~rne De the" W-li or not, aM i~ such o/eer Of maf1flf:'f a~ M!')r1~ii8e may delermlflt!. and aoy amount
<br /> not so
<br />u58C s-!Wil)e reitl'i-ec Of the MWlg.aget !e tM M-oflQaOOf SI)-th iPP!OC-iilll(ffl (Jf rf'te..ase shill nof !,;:ufe Of ....Jl'ge any oelil-ult Of forecmule proc-eedmgs llllhe event Mortgagee
<br />~ 11 ne(e5~ry to' ~ Of J;OSW6f lf1 COOOtmnitlQll: Cl(hOO hedflJlg Of proceeowlj Mortgagor sr\;JJl pay ell! legal eJlptt'lses. i" -f,-Df\l'!t!.~hOfl metewlHL mciuding but nolltm.
<br />Ited to attotney.s lee~ an(l t;oorl COS1S_ Jf\Q unl:i $Q ~ ~u{J; e.(~~. w!ltl mltft$t alltle tiileQt "15.....,0.,. percenl, llt!aH 00 iffi(lOO 10 trip: OObqatlOns secured MreDy In
<br />SUCh mifloet OJ wot! ilS MOI't'!}.\gee "".a~ OftfM1f: Q;' \ie11!:lrrnj~ -hdvmq It" tl-t)'MJ;1 o-! tht hen crtl.ueo fltr8Q';" <is ~ tlilrl liE:levt .\-;10 oj It:\- ptmn1y
<br />~ Hw ttllfltl ~\ M~!9. t-!tl---$10 p.,ay wher, JM jon, laJ.e:~ rt.l\1al tti.atQtj upon tiny lUSti! .is-Si1}nea <l5 .wdJtIDf\IIl seCUf!ly lOt H1J~ MC<<1gage. liens, judgments. Of
<br />asses-IOffltOO laWtli!!Y as'$eS$eO .n$.!. the. Pt~m~. {lr 14ils It n\ilftl~!f\ J1olJr~nclt as htTf#nw-IOH~ p!0V1000 Mongaqee (nay lfhti(e -suell pa~rr..eot m prOIJu1tt S1JCh msurance.
<br />iliO the MI\Ol.tn-US) l)aIQ ~tlefekX ~N1i tlflCMlf:. part illlhfl-Obll9<<tiOO) $tC1.I!&Q NJ:!eoy, dlJe,..nd pavable Immeoiale-!y aM shaH neaf ul\ereS-! ,ll the rale ol_lliQ._' percent
<br />pet annum <<om ant1 at !M time the Mo!1gAg:M makt$ $U(:n Piym&nt
<br />6 lIlaC if!- me ftli'tftt M~ ()&Iawt-s tl'l tht payment (If mv at l!lt Gi-ltl:gatlOn$ l){ 01 any mteresl tl'lerOOO. ill t!l:8 IttTIt whttn 1M !jAme shall oe. oue, or With fespert 10
<br /> ally
<br />~j Q( CDO(ktf(IP nttfeQ:. tntn, al the ~iOll cl' "'0It~. 1l'!t 8fltrte Otlboalt(lnS secl,ue<J f\er&n-y shall !Orlhw1U! betome t1t.'1l and J>Qyable_ and me Mortgagee may Im<
<br />l1'lIdtaIai~ toftciOSe It\is M01tga4jt ~ pursue VI}' arMr avwnte leQa.l remedy 1n the tvanl of jfly acttOtl by MooOiQ&e kl entOfct CO!lecllOO 01 any 01 me OQligations secured
<br />IlII1bl', the Mortl)i9Of ~rees itlil"Oy ~se m(lUdmg Wltnout ro-nltaOOn attorneys' Itti aM cQSt$ IIlC.U,Ue(J tn CMnt(.IlOfllherewllh Of ,"CUffed 1<1 procure Of 6XIlHld ao
<br />all$\1i1ttot ltUa lbJji, w_ tnCUff*" or PiMa: by MOflgagte, teCOflW ~ par! 04 lh& O~ secured Il&nlby dAd snaH ::JE! paIC by MotlgagGr together with aU 01 the tbablt
<br />"'\$ cl \IU<ll ""...
<br />l' Thall$! the: I\"IM .atty Ict;M $. bt~l to toreclOlW tnlS MoI1gage lor aQ: Of any part 01 me OtmgauOfls SEcured t)e(tOy, the MOfigigee shall be entitled 10 Immediate
<br />~ at me.~. wem&se$. me lhe toort -Of a 100QI ~ ft. 'iT,.a\1OO, may .wpQlm ami tne MO!1gag9l Be(eo}! consen:s. ttillle appointment of a receiver to take
<br />~ ot 5aid Pr~ 1~ ~ aM fec.iM- 1-entS. -.If1d pratilS- ~ lherl!trom: aoo from ally moneys $9 coUettec, to pay l-a,<OS, prO'ilIde.- If!SUfanCI!, make needed 'I-
<br />_.to.mlPf~ up(tP l-bt PremtU$, ano lBiMt ifl'1-otbe1 ~rfS ~momed -or me-'COUfI. and ap:pfy an~ sum remammg atter me payment of SUtn aulhOnzoo ~.
<br />_..ullOfl thO ~
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<br />Its ,ngna l)( pfM~ J)f to msttl upoo strICt performance ot any ttMmanlS OJ ayreemtnlS of Mortgagor CO01&n-
<br />ed in ifJY ~ or ~1ion of Mortgagof Of ngllt OJ ren!8dy ot Mort-gaOee c--onlatneG In or base<! upon any of lhe
<br />_ .Mff_ellOlaulls,
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<br />~,WtibawtM,~" ~~tM__~=:.:=,tt:'f,::=~:oJn;lf~.~=~'I~a~~;~!~ff~oc;t.~~~'~~=a~~~~
<br />~ __ $Udl ~',,~ may.be twIG lAd Iht iand ~ herem It\iy ne sold~ wtI!<<t to ttlt unpa.g Obiigalions. hereby secUftW. and H'liS Mortgage ShiH
<br />cemiftlJelS a _lot Mff UAlIOilI _ III I!lo 0bIig0ll00S.
<br />16 ~ _a.lIl_' ..1!lo~""riQIll, lille. m'er1OO1,'" _in ....10 ,.... 'M p'otllO 01 ,n. ""O!l""" and ,,,,,,, "''91' II> M"rtvogeo all
<br />.....'" I!lo........._ or__.Wf_ or...., alllldoti """""'" IiIll!lgigeo.. _... """1111'" ail renl'. MorlgaIJOf <l..." a. _oll III pay,.'" "...or
<br />"'_iltHllo~, l1>o>lotm ill. tlllti IU'9JlO1Ifd i> uotill!loQbllglllOn> ",Iully pa<<I. Thl> aUlQl\l!lOftl ...... "'" be',,''''. _a.... u"'O.. ""Iaulll$ """" 10'"
<br />........' ...... ....~.,.., (II I!lo lllI!igaIloIlo or tlllti~.
<br />11, ~ "'l'lrtt!Itol~"'. _...."'toIdlllillloullllOptlOf .r__ ot ,..lIorlllOljOl!, I... 0clig;I"",,,,,,, ill th. op'''" '" 'no Mo,,_ ..uoetart<l
<br />~._~ ....iIIbIiIO'ICili\l.....Ylit I\ll-..l.. 511_ irllWaQfop!\$ 6 "'" 1 "'!In. Mort_
<br />U,!.!llt~...,..*",_ .Ull_........__..llOl_,..._""
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<br />'. J3.}~f~.~.-~,__, ~.~ ~tclt.""~ .ton_ 0( Mef~, ~ Of \'!lht,fwtif e:nt:1.imbtu t~ p!\!fAiStS Qf ~lIn~! I~ P1tA1lUt to: tM! 0fI.
<br />~.,"~'_~-NY.il,~ l~<dtClfft~.~:lOtllt~cue.t-OOpaVi.i\tfilMJ.f\.iUS;h~'*'! tJf1:;. Mort~~li1btl(ufo
<br />.....lttl to!ll\ ......IlJIlI..... 101 Wli$.~
<br />~,j. 'l'_l.,..:~.....~tleAeV,~i)j -,oQi$, tPld w,tt,~ t.tWl t;t~ Uf>l;j;i<lWle fl-1)!'!\."rt !t!~il:t1'li; ptfW:j~t-OM~M Wlllt~ NJ WiY
<br />... ""..... Mli!I!W
<br />f...wQt,._~*
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