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<br />I <br /> <br />I <br /> <br /> <br />83- 005897 <br /> <br />MORTGAGE <br /> <br />JanIc~ Lp-Ann Bosselman. A Single Person <br /> <br />{hetein"Mortgagi>r")and <br /> <br />(bereill "Mortgageen):' <br /> <br />FIVE POINTS B.ANK <br /> <br />M~..' Indetlted to Moi'tgagee' in tbe principal sum of $ ':In, nf'll).. no ,evidenced by Mortg<<gOl's lIote, <br /> <br />dated ll/~ /8: 3 (herein "Note") providing for payments of principal and interest, with the balariCO' of the <br /> <br />lnilflbtedness, it noHooner paid, due and payable on 11/1/85 <br /> <br />1'osoouteth" payment of tbe Note, wltbinterestuprovided therein, the paymellt'of a1iothtir.su~; withlnteiellt, ' <br />advanced 'by M~t<>protect th.security of this Mortgage; and the performance of thecovenants'andagr8~ments!of '. <br />the . Mortgagor. rontalned,~~.":.~~ L~ ;i!t'~by.. mortgage and eonvey'to Mortgagee th&folloWing'deilcmbed <br /> <br />ptopeny loeated in H" lj'f,~~~~i<;}~Y,:;Nebmska: <br />A tract of land comprising il part of the East Half of the Northeast Quarter (.E1NEi 1 <br />of. section TIoIelve (l2), 'rownship Eleven (11) north, Range'I'en (10), West.'of"the'6th <br />P.!!;, Hall County, Nebraska, more particularly described as follows: <br />C_encing at a pOint Seventy-five (75) feet East of the Northwest corner of saId <br />E!NEt.. on the North hne of said BiNEt I thence continuing easterly along the n,orth <br />line of said F.iNEt a distance of 'f'..o Hundred (200) feetl thence southerlyand'paralhi.l <br />to the westerly line of said 81MBi a distance of Two Hundred Seventeen and Eight <br />Tenths (217.8) feet; n,ence westerly and parallel to t.he N0rth line of said EtNEfa <br />distance of Two Hundred (200l feet to a po~nt on the easterly right-of-way of U.,$. <br />Highway No. 2811 thence northerly alonq and upon the East right-of-way of U.S. <br />Highway No. 281, a distance of ~u Hundred Seventeen and Eight Tenths (217.8) feet <br />to the point of beginn4nq and containing 1.000 acres more or less of which 0.152 <br />acres, more or less, is presently occup1.ed by County Road right-of~way. <br /> <br /> <br />'I'optIn!r with all buiidinl!". impro"".....nts. fixtures. .t_L., aUey.. passageways, ....,ments, rights, privileg.. and <br />ap~ l.-~ th.,...,n or in anywist- pertaining thereto..nd the renL'. issue. and profits, "'''''lSlons and remainders <br />thereof; including, but DO~ limited to. heating and cooling equipment and such pe"onal properly that is a~tacbed to the <br />lmproftmertlo 110 .. to eonatitute a fixtu...; alloC whidl. indudmg replacomonts and addiUoll$ the"'to, is hereby declared <br />to be. parj,of tho! real..tate...,.....d by lhe Hen of this MOrlg,,1l" and all oC lhe fol't'going beiog referred to berein lI$thti <br />"PropertY". <br /> <br />Mongagoc. f..rUIer con..o8.flts.lKl agfe<'S. WIth M'>rtil"ll"". lIS Collow.. <br /> <br />i. ~ T() pay u... indebted...... and the 1lI1~""t lho...on .. provided m thi" Mortga1l" and the Note. <br /> <br />2- Tide. Morlp&<>r is th" owner of the /'ropt'rty, h... th. nght and aUlbority 10 mortgage the Property,and <br />WlII:nIIts dial th"lien created h"rebY is . first and prior 1I,'n on lh~. Property, ,''',",pt .., may otherwise he setfortbh"rein. <br /> <br />o Th<o Property is ...bJ"C1 to a Morlgaa<t Wlwreul <br /> <br />isth&~,......rded at Book '_.,.____~,,' Page" _ of lh~ MorlKage 1Wc0rd. of .__....__,. ,,._C<>unty, <br />N"baska. which Mottpge i$ a lien fll10r to lh~ licn ('"'''It'tl h...by, <br /> <br />o OIIHlr prior.Uem or .ncumbran"".: ~. , ". . <br /> <br /> <br />3; 'l'1Qs, "-to. To pay when due all taxes, speclalllSSt'SSrMnts and all other charges against the Properly <br />aQd.. ,u(l!lll wrt_ demandby,MoI1pgee,lo add 10 the payments required unq.r the Note .secun!d he"'by, such amount as <br />",". .be~lJ<<\\ to..na.ble the Morlpgee to pay. .uch taxes, ...........nts or other charges as they become due. <br /> <br />... ~ .To "",,p the improvellli!nls now or. bereaCtcr ioeated on lho i'<!aI ..tal. describt.>d herein illll\lflld <br />apiIIat~ bylinl and$udl other hazards as Mortgagee may ",quire, in amounts and wilh companj~ucct'ptabletothe <br />~,md withloliS.pay~tow M~, In c;aseof.ioos under such policies .lhe Mortgaee<> is authorized 19 <br />~.. ~.. and, ~ in its discretio\l, all. clail1l$ the",under lit its sol.. option. . authorized lo.ith.r apply the <br />plll.lO!~tII}o:tbe....lIlml'!R of tbe1't<>pel1y or I\P01llh" inilflb~ness secu",dhe"'bY. but payments hcreunder shall 00II' <br />~.lIIJ#l.tbeMII..eCtmldl\t!(eby an. paid in full. <br /> <br />~p ~F.TGes and 1ll4!lfllDce. Notwitlutand,ing.anytbinl eonwncd inparalfapbs 3 and 4 hereof to Ihe <br />~..~lh~pa(lo .Ih. Mortgagee al the tilneof .paylna. the monthly installments of principal and Inlo>...l, <br />~~~lt,~;~~Ytod,~.n~~ \n$UlaJl"" prcllliull1jl, and ground rents (if any~which mayattalo a <br />~,o~lIilt~*".._~~lll11!lled from time to Ume by lhe Mor~_ Thc amounts so paid shall he <br />. ... '.itIt~tjn~reliLand ~ to the, payment of th.. iterns in ....pectto which such amounts wen; <br />. . .~~b~ 'repl~. additional security for lbeindchlednessSllCUn!d bY thili <br />..~.l':'Y~M~.lh.am\)lll1l()f any detlClflllC'Y ~weel) Ill.. act\l8ltaxes, _m..ots. ina\ll'anoo <br />,"IUlIP Ill. 4epclslts ~reu"" within 10 days after dCmalIdil< made upon MorlJallor n!quest\nl <br /> <br />....'~.~and u..... T()~Uyrtpalr, ""to... or "'build any buildln" or improvements nOW or <br />.~tbe~inpl\ c'l'ldltll"l,1!1ld XQpaI~, 'rYl~out _. and fret> trom mcd1all;c', Ilr <br />'pal#\Otbelielllw'ellt;n()llomUe. ""fle, or !"'rmit&J\Ynulson<>> to ubt. nUllo dimin- <br />Of th*~~ .by!Ul)'KllU .o~to,~; and lQ <<m>pI)' wit!! all ...quilffil.nt> of law with <br />