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<br />83';';;'006440
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<br />MORTGAGE
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<br />(herein. UMO~gagl>r'). al1d
<br />(h"''1'illut.fo~!ij.
<br />,evidenced by Mortgag,!rs ilote
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<br />Timothv C. Plate and Debra D.Plate,
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<br />M0rtg8gdriscindebtedtoMortgagee In the priticipahum of $7n; nnn nn
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<br />1212/83
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<br />in~dn..., if l10t soooerpa1d, dIU> and paYabte 011
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<br />'ill0/R4
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<br />property located in
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<br />a"l1
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<br />County, Nebrilska:
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<br />Lot Fourteen (14), Block Two (2) in Artistic Home 1st
<br />to the City of Grand Island, Hall County, Nebraska
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<br />Togelller Willi all building>, improvements, fixtu...., streets, alleys, passageways, easements, rigbts, privileges and
<br />appwten_ I"""ted wemon Of in anywise pertairnng lIIereto, and lbe rents is.sll,,,,.nd profits, reversions andn>mainden;
<br />IIIel'eOf; indUdine, but not limited to, h.alillll and tooling equipment and sucb personal property that is atlacbe<lto the
<br />~""~IS so 11$ to constitute a fixture; aU of which, inclUding repla""ments and additions We....toi isberebydeclaled
<br />to be aPllrt oillle """_Ie secured by the .lien of IIIkMortgogeandaUof the fO"'lloillllbeing-refetTl1dtOherein...tbe
<br />uPfoptrty~~~
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<br />Mortpaor furthell,onvenantsandagn.e>. With Mortgagff, as foUows:
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<br />1. P.ymeat. "!>pay .lIIe indebtedness and the inw""'t thereon .., provllled in thi>; M!>rtgage and. the N!>te.
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<br />%.1'It1e. Mongag01 is the owner of the Property, has tl,. right and authority to mort_lIIe Property, and
<br />_Ie lllatllle lie.. emoted hereby is. fitst and pnor hen 00 the ProperL)', except as may otherwise be ..,t forth b.erein.
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<br />KI The Property is subject to. Murtgag<;' whN"in ~..f'L\l+.t.aJ;,)g_. Buitding, I; Loan
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<br />is.the~. n>etJ1iIed at Book ~_, Peg... of th.. Mortgage Records of _. Ha~_County,
<br />Nabtuka, which MOrtpao is. lien prior to the I;..n c"""ed hereby_
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<br />D ou..r prior liens 01 encumbn....,..'.._____.,..__ .....
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<br />3..1'Des, AMeiIIuHts; To paywh"" due all La""", special ........ments and all otber charges against the Property
<br />ilId;.;upoi\1lIIil.tendemalldby ~, to add to the pj\ym""tsrequired un<IPrllle Note _ured hereby, such amount".
<br />Iliay. ~.lIllffii:leat to..lIBl*tb.. MortcaJeetopay such taKo..__nts or oWer chargtos as they lleeOm.. due.
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<br />4.. ~ '1'0 keep the improwQlenl$ now or """"an..r located on the real estate described herein insured
<br />....... daI\Iate by fi....and sudl other hazards as Mortgage<' may require, in amounts .nd with companies acceptable to lIIe
<br />~.. ~1It8hJ_ pa~.to .tlu> MortgaglIo. b.CB$C' "fl_ under such poliei..III..M~ is autb~ to
<br />~~;r:oIlectand ~~.in its- dist'1etion, all cl,aj~ lII..reunder at its sol.. option, autbori""d to either IIjJply. the
<br />~.lQl.lllI~. oUbe I'roperty O1llp01l tbe in<IPbtedness _ured hereby, but paYlUf!nU berellOdershall con.
<br />~..~$UIJlS~_b,..""'.~lnfl!lL
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<br />,'. . .;;... .. $.t)~wY.~&IIlIl~. ~tl>standlnganylhillll ~taln.d inparagtapb$ 3 and 4 hereof to th..
<br />~.~~~ l\l.~~. .tthlltllll<' of payingtb. montb.lylnstaIlments of principal.ndintem!.,
<br />~~oOI'lt<'Y_Y ~.........,.ts~l1alrdi~promlums,and t1\>ulld rents (if aIlYlwhlchmayattaln a
<br />'_~al1.~estimated.from lIllK'.totill\e by tb. .Mortgagee. Tho arnounleSO paid mall be
<br />'~~.-uI~lQthepay_t ufthe ltelllS ill. ~tu whlcllsucb amounts .......
<br />~10 ~~..., IMdted..additlonal...,.,rity fortb.. indehledl!sssecu",d hy lIIis
<br />. ~.-to~the .mQUlltof....y deficiency bet_ntlle "",ual taxes, -ts, I.....ran...
<br />~....~.**';.ndthe~~w1thin 1\) day!; .ru.r d.....andi. made upon Mortgaa01 req_tin.
<br />........tlllilIU~,.
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<br />, .... ....u..... 'fil\~y"'l!llk. ~or reb<Jild any buildingll or impro..,menb n<iw 01
<br />lQ.~ thel'J~yin(qnd!>OlJditloaand...l!lli,wItl\OlllwlI$"", and"."., trommecb.ank's or
<br />'. .Io\l,tt.l~~l\l!lJito'...........m.r01perm1l""y,,~ to exlal. nor '0 dimlo-
<br />'f~~bf.)!_ .l!f.~(IIIW 1I<i\.llll4 to <lOI'Ilply.,.;\h all. "",ui...mMlo of law with
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