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<br />83_006699 Account No.
<br />OPEN-END REAL ESTATE MORTG AGE
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<br />41748-0
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<br />....._w..".~!.""..e..P.~. Brown"Il~..Ca.r.?1.:>:[\.K.~Bro"n, .hu"i:lSJ1d. s."ci\1ii:~ .
<br />called the ".Mortgagor"', does. hereby mortgage !!-;{' kl;(;WlIlg de~o.:fihed (loa! t::~tate-:
<br />
<br />............._ . hereinafter
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<br />....1.Q.!;.\L.:'11K!;Y....lQQ):...anQ...S.bty:.on!:'.. (p).) ...L.~. .H~igl:\t.lL .l'.ol!rth ..Sup.d.iv.illiQn.,....Hal.L.C.QuJJ.t:y.,.........
<br />Nebraska
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<br />::::.f~~~::'~idh)ihi;;t,;,~:~::;:;..,.;~-h:~~'::7~~tri;.~~~~~;:~.~k;;~~~.~11'i~#';.ji~~~~;~:::.~;~'~i.~i~~~G~th.~..
<br />
<br />._~_~~_!:.~.._:.:.=~~:~_~...:.~..~.~.=-_~..~::-..~.~_.-:.~.=_=-.:~.~.~.~.~.: ($ ,??L?~~.~_?~m_ . . . .l.feCeljH or which is ht:reby acknowtedged.and in
<br />consideration of covenants and agreement!'; hereinafter ~el forth:
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<br />PROMISSORV NOTE: ThIS mortgage is given to secure payment of the dmOlJot fll'1anced together wlth imerest, according to the terms of
<br />the Mortgagor's promissory note of this datE',
<br />ADDITIONAl. ADVANCES: This mortgage $haH \ectJre any additional amounts financed together with imeresf, which may be mada at the
<br />mortgagee's option iH .aIW time- bP.fore the ff31ea~ -of this mortgagt.' provided, the aggregate amount secur..'" ,haii not exceed the maximum
<br />amount permitted by law, except ..hat nathrna herem COni.-amed shall be considered as hmning the advances secured herein which -are made-to
<br />-protect the -security or made: m accordance With covenants contamed in this mon.gage. Any additional advances, wit" interest, made by the
<br />mortgagee to the mortgagors, or their successors In tltle, tor a!1V purpose. at any time before the release and cancellation of this mortgage, but
<br />at no tlme shaH the aggregate ~lnClpal amount ~cured by this mortgage, being the amount due at any time on saId original note and any
<br />additional advance-~ made, exceed the anginal prinCipal amount secured bv thiS mortgage, being the sum as set forth above, provided that
<br />nothing herem coma;ned shall be considered <is Iimitlflg the amounts that shall be secured hereby when advanced to protect the security or in
<br />accordance WIth convenants contained in the mortgage.
<br />WARRANTY: The Mortgagor hereby covenants With the MO!'"tgagee that the Mortgagor IS lawfully seized of the premises. that the premises
<br />are free from encumbrances; thln Mortgagor has good. ftght and lawful authoray to convey the premises. ",nd that the Mortgagor warrants and
<br />
<br />~ll defend th-s title ~gamrt the lawful diHms of all persons whomsoever, \:Ixcept.,. ,. ..m... 'qnm_._..... .
<br />
<br />. NO'EXCEPTiONS.
<br />
<br />OWNERSH1P: If there ,~ Sfly change In the ownerShip ot the premIses by sale Or otherWIse, therl at the election of the Mortgagee the unpaid
<br />balance of the amount fInanced mcluding additional amounts flfl~nced together with Interest shaH became due and payable at once without
<br />demand or notice,
<br />INSURANCE AND TAXES: The Mortgagor s.haH main tam fHe. wloduorm and extended COVi<:ra-ge Insurance upon the premIses In an amount
<br />not less than the indebtedness due the Mortgagee wah a IQss--payable clause In fa\l'Or of Mortgagee. The Mortgagor agrees not to commit nor
<br />permit waste on the premlsei. The Mortgagor shall pay all ~he taxes. l!:!''iles Bnd assessmef'ft$ upon the premises before they become delinQuent_
<br />In the ewrH the Mortgagor shall far! to obtam Insun:mCfi or pay HIX1!S and other liens before deliflQuent. the Mortgllgee may either pay thefT',
<br />creating a tll~-f1 secured herebY' lor the amounts $... advanced together with mterest at the al1r'lUal percentage rate ot tvvelve percent 112%); or
<br />consider Mortgagor in default
<br />DEFAULT: The Mortgagor ''> \(1 defaUlt It any af the tlHms and condlt!ons of thIS mortgage Of the proml$s:)ry (<Qt': or notes secured hert;:, -';!:
<br />breached. Upon default, the Mongag.re .vlthout oomand Of notice may deciare the el1tlfe debl secured bv ths mortgage due at once and lay
<br />foreclose this mongage for the satisfactIon thereof.
<br />RENTS: All renl,> iHld Droflts denved from the pre-mlses aT~ heft!cby aS1Ig!l;;!d 10 the Mortga~e and upon default such rents and profIts shall be
<br />paid o;reClly to th-e MOHgagee to be applted ag~l\n$t the I.Jnpald batance of any Clnd all advances- se-cured hereby together with Interest. Upon
<br />default the Mortgagee s-.t;alt be ermHed to tmmed18te p()Sse"lQ-fl of tne premises. The Mong-agor Irrevocably ilPPOlOts the Mortgagee and ItS
<br />asstgn'i and SU(;Ces:JOr$. hiS i:lnotBeY.If1.fact !O rf>nt. manage and malrlHlUl thi! premIses ciS It deems best, and the Mortgagor further agrees to pay
<br />said attorney a relt'$Ot1Bbl!;! fee for Siucn servIces,
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<br />"...,.,,;:~~~~;iwp"'.i3::::/..:.::....:..:.._..:...1.~.....~3:
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<br />.",.. ..... ............7J,..... ...m..... ~....
<br />X / l _ /J '7 ,~.1 A
<br />,'J1.1.&!../HA:...f... ,k4fUzk!.....
<br />CarolynrK. Brown .
<br />
<br />SUTE Of~~.l>:r..S.I<".,
<br />COUNT\' OF.Il..l.l..
<br />
<br />SS.
<br />
<br />\1<->rtgagpT
<br />
<br />He!..'!,:; i:l<', .'- "ioC_lIY Puhhc '-lUllllfH.~d for said ~ounty. personally came
<br />Wallace D. Brown and Carolyn K. Brown
<br />:u (;,10 ~!~:ll'"':~; i.:; .~~~ ti;~".I.J~~\t;l. d'ih.rt:r~l\n \', II'., :">1 ~~;~d ~.h~"f~~~~g~;;~-g-'i.~~-t~.~~;~~~..;~d..~~~~.;i.:
<br />
<br />e-Q~('d the c),t't.:l.<i!...,ll th('r\,,)! tv ht' ._".,,~~~~.~.
<br />
<br />!.;olunlilry a.;t and deed.
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<br />"IT~FSS m' h"nd~~~:l.~=~
<br />
<br />~'Har)' PUhlic
<br />
<br />.......19..8.L
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<br />_..._-11....._
<br />CONNIE E. 0S1'IlIIIiWt
<br />.,ClM.u.Il&H, _
<br />
<br />!>.-ty CQmmu.s;lln F~rH("s: ....tlax:ch. 1.0... ..1986
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