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<br />MORTGAGE
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<br />83~n06046
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<br />ThiS Mortgagels ente...d"lnto between
<br />wife,e~chfntheir own right
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<br />Lyrtn _oAf ~{eave-r and Donna'-- L-. Heaver,_ 'l:lU~b?:"(rc;.I
<br />(he...ilt"Mortgllgo\-l'}and "
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<br />Fi vePoi nt s Sank
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<br />. (he...in "Mo~e").
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<br />Mortpgor Is indebted to Mol'tgagee intbe principal sum of $ 28,000.00 ,evldeneedbyMortgagor'snote
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<br />deted November 4. 1983 (berein "Note") providing for payments ot principal and inte...st, witlltbe bllial1.,.,.ofthe
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<br />indebtedness, it not sooner paid, due and payable on Januarv 3. 1984
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<br />TOSl!CU...the payment of the Note. with InterestBS proVided therein. th.paym.nt:ofaU oth.rsulDS, with.liltelest;
<br />advanced by.~'tO"P"'tert tb. security of this Mnl'tgage, and th'.p"rformance ofth.. covenants and&gn;elDerltllof "
<br />the MOrtgagof'.~lain"" 'lIm!n; Mol'tgagor does he...by. mol'tgageand' convey.. to Mortgagee. tbe following describtid
<br />.. ti,~,--;,~ 1t;;'.::~-"
<br />property located in i1a 11 County, Nebraska:
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<br />The Northerly One-half of Lot Six (6) and all of Lot Four (4) in
<br />Block F~fteen (15) University Place, anf Addition to the City of
<br />Grand Island, Hall ,unty. Nebraska
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<br />Together witll all buildin~. improvements. fixtu"",. streets, aUey., passageway.. eASem.nts, rights. priviieges.and
<br />appunenances locaU>d thereon-or in anywise pertaining then-to, and thl' rents issues and profits, reversions and remainders
<br />thenltl!; Il'CIuding, but not limited to, heating and rooling .quipm.nt and .urh p"...on.1 prop"rty that is attached to the
<br />lmprowlllllltb l!O "" to constituw. .fUltu...; .U of wbi~h. induding replacements and additions the...to. is he...by declared
<br />to be. part of the real ".late secured by tb. l~n of thi Mortgage and all of tbe foregoing being referred to be...in as the
<br />"Pnlpeny".
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<br />Mongaeor furtherc:on.eu80ls and .g........ with Mortgsg...,. ", follows:
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<br />1. Payment. To pay tile indebted"""" and the int.,,"'t th.",on "" provided in this Mortgage .nd the Note.
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<br />2. T\tIe. Morlgagor is the owner of the Prop"rty. has lh. rlght.nd authOrity to mortgage the Prop"l'ty. and
<br />_iii !JI.t tile lioo e....ted bereby is a first and prior lien on the Prop"rty. .xcept.. may otherwise be setforth.he...in.
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<br />:a The Propo>rty i. subject to a Mortgage wb.rein ~~ lIeU F,,_deLaLCJ:efu~Uni=-,~__
<br />illi D.ocument #a2-001246 , lIall
<br />. the Mortpcee.reconle<!u_XXlQUL.1Qt"ft!leot.l<xxxxx. o( (b. Mort~age Roc'Ords of __'__'~COunty,
<br />~. wbiell Mortgage is a lien prim to the lirn r",sled hereby"
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<br />DOttIer prior Ii_ or .lICumbran<..s; ____,.~"~,_
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<br />a.1lXe$,~'" To pay wh.n due all taxes. special ....ssm.nts and all other charg.. against the Prop"l'ty
<br />1IId,. UpQII written demllld by Mottcace<'. to add to the payments requir.d und.r the Not. SOI'ured h....by, such .mount as
<br />II.Ill)!'hiI.~. to eaable.the Mo\'tp&ee 10 pay sucb tax... ......ments or oth.r cbargt's as they become due,
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<br />4. J_ To keep the improwelllt'Jlts now or h.reafter located on the...a1 estate described he...in insured
<br />.~ .~by litt and sucll oth.r hazards as Mortgagee may require. in amounts and with rompanl.. acceptable to the
<br />~llI\ll. wUIl;1QI&~l!lo>.to. the 1<l!>~ In. case of loss. under sucb.poIioil'> the MOrtgagee.is autborlze<l to
<br />~. coll1><.>t llI\ll ~,lniu.discrel.illll,aUclaims tlt....und.r al its soIeupt\on, authori..dtoeltb.rapply.th.
<br />~",IA thlt,~OQ,orUlePropertY.or ul'O"the indebtedness secured b'r.by. but payments h.reunder.hall con.
<br />!ill. ...1IlOO ~_...~ beretoy 1IW. paid in fUU.
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<br />~P,~: FOt.~ and llllllRllee;. Notwithstanding anything contained in paraeraplu; 3 and <I hereof to tile
<br />~~ ohall. pay to . the Mol'tpJe'<! at. the t1111e of paying lbe monthly installments of prlnciplll and inlerest,
<br />~ ~[dHty~ytlWo; ~18.bazanlinsutance premiums. and ground lOnts .(If.ny) wbich may attain a
<br />~. "",,,thji ~, li\l. is lUSOl\ably IlIitlrn&led from time. to time by the Mortgaa""" The amounts so paid shall be
<br />.!l;"tlle~wltbo"ll~aod aP(lliedl.o the ~menl of tbe itelll$ in I1'SpeCt to whleh .uch amounta were
<br />~..1\tIUl!lJ~Io,~~ ~.f"'p\edCtId ....tlditionai SO/Cllrity for lbe ind&bled_s<",uredby this
<br />~'~~1IQ1o ~tlIe~t oranydetlci;>ney be.t_n the actual tax.... ......menLl. inauraDce
<br />~_~ ",,*ail4tl1.. ~tI. ~~.. "ithitllO 4Y' .arteldenandis made upon Mortgacor lVq_Unl
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<br />, ", . . """,~\rUww' .....l!., ..1'0 ~yrepaiI, n!$tD... or ...build any buildinl" or Improvementan<lw or
<br />~'f,ilh~,~' to.l<o<<P.th" ~Anl<illMtcondlli<m"'d repalf. without "alII>, and .fre<t from medlani<:'. or
<br />~..twt~Y~l.edtotbe.llenl\treoflnot IP.llW<t>, ...aM <l< pennil any nu~ to exist, m>r 1<> diJ\!in.
<br />bll,.~i~Il!t'.~!If~.~ .lJyIllIYJICj. OJ:~Io!ICt; ond l<> _pjywll.\l all requirementll of law with
<br />~.to.lll,t.~.
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