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<br />84 .......
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<br />002556;
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<br />.... Payment.
<br />provided in this
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<br />to pay the lndebtedness
<br />mortgage aI\J the nute.
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<br />and the int,erest thereon as
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<br />REAL ES'rA'rE MOR'rGAGE
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<br />THIS MORTGAGE is entered into between Richard D, DeVore and
<br />Patricia C. DeVorer husband and wire. each in his and her own
<br />interest, and as sp-ouse of the other,.~ hereinafter --referr:etil". tci
<br />as "Mortgagor...., and Donald J. Lehr and Merna B. Lehr, husb'atid
<br />and wife, herein referred to a "Mortgagee".
<br />
<br />Mortgagor is indebted to i'lortgagee in the principal sumo:!:
<br />Thirty Seven Thousand, Three Hundred Seventy Six Dollars 'I'hi1:':t1'
<br />Two cents ($37,376.32) evidenced by Mortgagors' Note dated ~pr~~
<br />1984 providing for payment nf principal and interest, withtlie-
<br />balance of the indebtedness, if not sooner paid, due and paya..b'le
<br />on April 1S, 1985.
<br />
<br />To secure the payment of the note with interest as provided
<br />the payment of alJ.. ot:.ner sums,. with InteresL.r adva.nced by
<br />to protect the security of this mortgage and the performance
<br />covenants and agreements or the Mortgagor contained here.in'.,.
<br />does hereby mortgage and convey to Mortgagee, the following
<br />property located in liall County, Nebraska:
<br />
<br />The Northerly Twenty feet (201) of Lot Two (2), and all
<br />'of Lot Three (3), lllock One (1), West North Lawn Second
<br />Addition to Wood River, Hall County, Nebraska
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<br />together with all bui.ld.ings, l.mprovements, fixtures, easements,
<br />rights, ?rivilcges ~nd ~ppurtc~anc~s located thereon or in any way
<br />pertaining thereto, ~1nd t.he rents, issues and [Jrofits, reversions
<br />and remainders thereof; including, but not limited to, heating and
<br />cooling equip~ent Jnd such i)~rsonal property as attached to the
<br />improvemen.ts so as to cQnstitute a fixture; all of vlhichf in-cludi-ng
<br />replacements ~nd :idditions thereto, lS hereby declared to be a part
<br />of the real estate secuL-e,j tile lien of this mortgage, and all of
<br />the foregoiflg being ~8 t:o herein as the ~propertyll.
<br />
<br />i'!ortgagor furth"-'f" ",,",venants and agrees with Hortgag.ee as follows:
<br />
<br />"-' Titlt? ~'1ortgagc)r i:j t~le owner of the i.Jt~ope-rty, has the right
<br />and authority to mortgage the ~ruperty and warrants that the lien
<br />created hereby is a f1rst and ptior lien on the property.
<br />
<br />,. Taxes and Assessmellts. To flay when due all taxes, special
<br />assessments and all other ctlarges against the property and, upon
<br />wri tten demand by mortgagee, to add to the l'ayments required under
<br />the note secured llereby, suet, JffiOunt as may be sufficient to enable
<br />the l-101 tgagee tC' ;)ay sucl~ taxes t assessmen ts or other charges as
<br />they t-,ecome (:ue.
<br />
<br />~. Insurance. fa he~o the improvements flOW or tlereafter located
<br />on the real estate descrloed nerein lnSllred agalnsL damage by fire
<br />and 3u~h oLher hazards dS ~ortgagee may requ~ret in amounts and with
<br />compa:l,l.eS 2iccept.ablc to t.he Mort':jayee and \.Jlt'h loss [)ayable to the
<br />
<br />d~l:"~:rr zeu ~;r1~1~~~:t~f 2;~)?~:c~n~~~ ~(~~~::r:~~~:~~e~/l ~;~~ ~~~~~;:~~~n i~f
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<br />the r"'!.Q.::-t9Q;9~'e-, 311 ,-'ldlfrl.s thr-::r'eundt;:r '--1L :\-j,.:Jrtqdq~~'I..!':; :;:;olc:- u}:Jtion dnd
<br />to a.pp~ y tha ?roceeds upon the inJ2Dtedness secured hereby \.;ith
<br />pay.;:n-ants ht:::-rf-.:?unaer continuing unti.l th.(; SlU!lS secured hereby ar.'0 paid
<br />in fu:'l~
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<br />i(,'-!S (H imt"l.(n/~:~HH,;-nt~~ l\t)-W \;1' her\.h'.lft.eJ. '-'ll': the
<br />t'J,-" ~Jr-a~i~.:q:'ty in g;_'\(Jd -r...;()ndit.iun and rt.~pdl,rf w.l.th0uL
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