|
<br />I
<br />
<br />,-"',
<br />
<br />84 --. 002426
<br />
<br />MORTGAGE
<br />
<br />I
<br />
<br />This Mortg.ge is entered into between
<br />
<br />David E. Boll, A Sin~son
<br />
<br />___. (berein "Mortg.gor") .nd
<br />
<br />____~ive Points Bank _"(herein "Mortgagee"").
<br />
<br />
<br />7~orJ~\I1?~~'fd to Mortg.gee in the principal sum of $ 70 ,000.00_, evidenced by Mortgagor's note
<br />
<br />
<br />dated and 5 i 4/84 (herein "Note") providing for p.yments of principal and interest, with the balance of the
<br />6-25-84, 6-25-84
<br />
<br />indebtedness, if not sooner pa1d, due and payable on ano 10 31 Rob..
<br />
<br />
<br />To secure the p.yment of the Note, with interest as provided therein, the payment of all othenums, with Interest,
<br />
<br />advanced by Mortg.gee to protect ~he security or this Mol'lgage, and the performance of the covenants and apem,nls .:of-
<br />
<br />the Mortgagor contained herei", ~10rtgagor does hereby mortgage and convey to Mortgagee the followingodesCribl!d
<br />. -. -,..".wi ~~" _ '.."":- -.~+ 1!!' _1~' ~
<br />
<br />property located in H'''T~; c::~~:::t;.~b~aska:
<br />
<br />,~:F"',"', .c.,..~t......~iP.~'>V~
<br />
<br />Lot T\.'o (2) of Casey Subdivision to the City of
<br />Grand island, Hail County, Nebraska
<br />
<br />
<br />Together With all buildings, Improvements, flxlu"",. slreels, alleys, passageways, easements;. rightsiPriyj~:antI:'
<br />appurtenances located thereon Or 1D anywise pertaining ~hereto, and~he rents i..ues and-p",flts:re...m~i~~ '
<br />theMlf; induding. but no~ limited to, heating and cooling equipment andsuchpersonilprope!'tYthatis.:-- --
<br />improvements so as to constitute a fixture: all of which, includingcreplaCOlmenis anda!ldltionStherel:o,Ja,ha
<br />to be a part of the real ""Late secured by the lien of Ihis Morlg.ge and .aU of the foregoing bein'(ll(e~,tQ,::
<br />"Property". --.
<br />
<br />Mortgagor funh... eon\'enants and .grees, with Mort...,,,,. .s foll()ws:
<br />
<br />
<br />1. Paymenl, To pay the indebWdness and theinle"",t th.reo,usprovid.d il1.thi$.M<\n....'ancl,lbe~,:,'
<br />
<br />
<br />'--Dir,""~,-~
<br />";:"-~-'-} j~{:di
<br />
<br />2, Title, Mortgagor is the owner ofth. Property. h,..the nglll and authori~ytom<lrteaP,\",,'~~'..~i":'::: "
<br />warrants tha~ the lien created h.reby IS a fi[$t and prior h.n on ~be Property. exc.pl8!lmay,otb....~:be-".:(~~~'-';." -,
<br />
<br />~ Th Pr rt' b' '11 M ill h' Five Points Bank
<br />w e ope y a~s~~. #71-000jr23,P8T~o6348:f;'--8-2~OOV~O
<br />is the Mort&.,.." reeorded ~J<IiIlItI~.- lOr the Mortgage R"'Jotcls,of
<br />Nebraska. which Mort.... is a lien prior ~o the hen ere.wd.h.reby.,
<br />
<br />,! ,;s.O:,
<br />
<br />Hall
<br />
<br />;T
<br />-~~;;
<br />
<br />.,~..
<br />
<br />";-f~\),:
<br />""J.-..-J
<br />
<br />o Otller prior Ii.... or enc~mbranl"':
<br />
<br />
<br />',f__:'
<br />
<br />.~ ;-' ;C:,-"' -
<br />
<br />L
<br />
<br />-:'- '-i~;: -,.- ,>';
<br />3. Taxes, "-'*'la. To pay wh.n d~e all tax.., .pe<;ial....,..men~ .J!dalloth~r~.~:~l\a:~,.
<br />and, upon written demand by Mortpgee.lo add 10 tho payments required und.r Ihe Note secull'dh.!Oby,.,$.lr~t1l!\ ,.
<br />may be su(lIeient to .nable the Mortgaaee 10 pay such taxes.......mell~ or oth., cl1ar.....,tbey be!>Q1Jle:due; .
<br />
<br />4. IDSlll8DCC. To ket,p the impro..menls now or hereafter loca~ed on the real esLate. described he",,,Jll$lIM
<br />opinst dam.ce by fire and ...el' nlh.r l1aL8rds .., Mortgage<' may <<'quire, in amounts and with companJesae<,"Pll!b)e,\!l,\Ili!.:,c
<br />~, 8I\d with I.... payable to the Mortg...... In case o( Joss under such policies the Mo~~."th~'l~.
<br />a4iust, collecl and t:Ompromise, in its discretion, all claims lhereund.r allts sole option, autltoril(edtoeitltet.PPI~-lb.
<br />p:ro<:eeds ~o the resloration of the Proporty or upon till> indebledn... secured hereby, but payments,h.reU\l!!ersllal!:eQll'
<br />linue unU} thes......""'ured herebY are paid in full.
<br />
<br />1;, 0 ~w For T...""and buuran.... NOI",th$land,ng anylhlOl t:Ontain.d 10 parafraphs 3 In!l4bore:ofl<!tD.e
<br />coplrary, Morllal<>r IihaII pay 10 tho Mortga... althe lime of paying the monthly installm.nts orprinoipal.andJnte...t,
<br />0Il<>0i.....l'th of tile yearly tax..., _Is, hazmI insurance pr..millnlS. and grQund rents (if any) whieb In'' altain:.
<br />priority Q_ tIli$MorifllP, III as reasonably ..li.....lt<l horn limo to lime by tho Mortga..., Th.amounts sopaidllhailbe
<br />"'ld.by thflM:on.... withollt In",,:e.t and applied to the payment of tl1. ilem..in ~I to which $ueh amounlo were
<br />depooited. 'I'M WIlIO.-paid to Mortpce<o bereunder arepledpd as additi<mal ..,curity for lbe lnd.bledn.... ....ull'd by this
<br />~.~"'aIl-l'IlY to Mort..... thoarno-Iml of any deficienCy ""lw".n lh. .<tualla_,~enlS, lll$lltllnee
<br />ptl!ml.un. alidilollnd "'Ills and th.depOlOits h.reunder wllhln 10 day. anl>r d_and i. made upon MQrtp..or "''I_tin..
<br />llIlYIMDt thlNOf.
<br />
<br />il.~, M~".lAd iJ... To prOl.llplJy ",pair. """"<<0 ()r ",bllild any building. or improvements now or
<br />.~fu!t "ll ttw ~rt)'~to keep th.l'rol"'fty Inll'O'i c<md!\jon.aa<I ..pair, WltiHlUt ",...1., and f"", from Dlecllal\io's <If
<br />otb4lrlkmlonol ",,~y <I1ll\>rdi~Wll<llbellen h(ff\.'-\l{; "Q( 1<> malt.., "".ft..r or pnmil any nuisa".;. to exi.t. !Hlf to dimi",
<br />00 or Impa.ir tho ill/lie of .the Pr"""rty by any ..,t "r omlulon. 10 act; and It> Nmply wilh "'. rl'qulf\'llWllts of law with
<br />l>'ijli'l!1..>tJli'~l).
<br />
<br />
|