|
<br />
<br />83~U06126
<br />MORTGAGE
<br />
<br />ni:~;'
<br />
<br />, ',- - - -- - -~ - ' , - -, - - - - - - ,
<br />, ' - ,: '- -- -. ,
<br />M9rtg3g0r is indebted to. Mortgagee in the principal sum of$35. 000:00
<br />
<br />,~.:rf2Jr ...
<br />
<br />,- -, : - , .'- -'; - ' .", - -'.' -' -- - - - ' - . -~'.
<br />. , '-' '--.,--, -, .,-
<br />(herein "Note")pro'riding fOT paymentsofprincipal.8Ildlnterest;withthl1~ar~of;tll\>>:
<br />
<br />il/14/84
<br />
<br />
<br />. ".- - '-~
<br />
<br />, - - - 'c."" ,',>. i,'--"---,-
<br />ToSecun! theparrnent of the .J\lOtit;Wjlbinterest as provided therein; thepaym""tohnotherswiis,withln~r#.~ .;
<br />advaneedby. Mortgagee to protectthl> security of this Mortgage, and tbeperlormance oftlie. covenants.um. itg!eenients 15f. .
<br />thl> MOrtgagor. contained. hfflm. Morlgagor.does .fiereby.,.m6rtgage ..and . convey' t~ ,Mortgagee.: thefoi1ijwir1g.~iie\I:.. ','
<br />
<br />H~ll
<br />
<br />County, Nebraska:
<br />
<br />Lot Eignt (8) in Block Seventy Four (74) in Wheeler.a.ndBetinettfS.Third:
<br />Addition to the City of Grand Island, HallCoi.mty. Nebraska
<br />
<br />:.-: -;-y ,--~,
<br />
<br />
<br />Together with all buildings, improvements, fixtures, streets, alleys. passageways, easements, rights, priviiegesand
<br />a!1Purtenances located thereon or in anywise pertaining thereto, and the rents. issues and profits, ",versions and remaindelS
<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 fixt\\re; all of which. including replacements and additions thereto. is hereby declared
<br />to be . part of the real estate secured by the lien of this Mortgage and all of the foregoing being refe""d to. herein as the
<br />"l'ri>perty" .
<br />
<br />Mortgagor furtherconvenants and agrees, with Mortgagee, as follows:
<br />
<br />1. PaymenL To pay the indebtedness and the interest thereon as provided in this Mortg.ge.ndthe Note.
<br />
<br />2. Till". Mortgagor is thl' owner of the Property. has the right.nd authority to mortgage the Property, and
<br />wanants that the lien cre.ted hereby is . first and prior lien on the Property, except as may otherwise beset forth herein.
<br />
<br />nThe Property is subject to. Mortgage.wherein _'___"'__ _...
<br />
<br />is the Mortgagee, recorded at Book __, Page __~__.__, of the Mortgage Record., of
<br />Neh_b, which Mortgage is a lien prior to the lien c....ted hereby.
<br />
<br />o Other prior liens orencumbran..s:__._.___~___________.__.
<br />
<br />County,
<br />
<br />
<br />3. Tu~ ~ls. To pay when due all taxes, speci.1 assessments and. all other charges .gainstthe Property
<br />aiid,up<>nwritten demand by Mcmgagee, to add to the payments required under the Note secured hereby, such alDO!mt as
<br />~: be Sufficient to'll3ab!e the Mortgagee to pay such taxes, ......ments or other charges as. they become duo>.
<br />
<br />.., ~'Tokeeptheimpro""ments now or he.....rter locato>d. on the real estate described herein insured
<br />~:~.by fire .aOOsuch other hazards ...Mortgagee m.y. ",quire. in .mounts .nd wi.!h companies acceptable to the
<br />~,8!1" with ;I_payable toth" ..Mortgage.,.. In case. of loss under such policieslhe Mortgagee is .authori~d t.o
<br />'acliulit,'coIlolctllJ1dcompromise. in .itsdiscretiorh .alI claims thereunder .t it,; sole 9ption;authori""d to either .pply the
<br />~ ~19.th"J:elllorJltini!of t\l;!Property or upon the indebtedness secured hereby, but payments hereunder sbal\-con.
<br />~.lm\j\ ~~.:II"'1I11ed\l;!reby..... p.;dlnfuJ!. .
<br />
<br />, - - - - - -,
<br />~d~ForTu~"'dlnsimm~..NotWilhJ;taJtdil1g.nything contained in paragraphs 3 and. 4 hereof to the
<br />r$llifp&)'.to tb~ .~. at, the time of p~yi~&themonthly installments "fprinClpal and Interest,
<br />. 'tans,~~nts,h~JirdIl;Wirance .!'"tmiums, and ground rents (if .ny)wblch may.ttaln a
<br />all.'~IYeSllmated trom. lim" to time by tlte Mortgagee; Tho> amounts so paid shall be
<br />~~....\th_l'III.qa~rest8l!d a~if!!l.to. the payment of the ito>ms in respect to which such amounts were
<br />',~~tolof~ belllul1(1.,r'llepjedgedllS additi9~ security for the;ndebtednesssecured by this
<br />. . 'iluIl1pa~lo~the_UJ1tot8liy~ficle~between the~tl\a1 taxes,assessments, insuran...
<br />l\l:~.lIJ1d;lb;..po$lts bereunderwlthin 10 days after demand is made upon MortgogorrequOlIting
<br />
<br />
|