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<br />84 -:,(, 002590
<br />MORTGAGE
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<br />ThIs Mortgage is entered into between ROGER W. AUGUSTIN AND LOIS Y. AUGUSTIN,
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<br />HUSBAND AIID WIFE
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<br />(herein "Mortgagor") and
<br />(herein "Mortaali!e").
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<br />CITY NA'I'TClNAT RANK AND TRUS'L!:;OMPANY, HASTINGS, NEBRASKA
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<br />Mortgagor is indebted to Mortgagee in the principal sum of $109,000.00 , evidenced by.Mort....rls:note
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<br />dated Ma y 14, 1 984 (herein "Note") providing ror payment.. of principal ond interest, with the bIllance:llfthe .
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<br />indebtedness,ifnotsoonerpaid,du.andpayableon.R=emher 12. 1 9fl4 ,
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<br />To secure the payment of the Note, with interest as provided therein, the payment of allothersunis.1rith ilite~
<br />advanced by Mortgagee to protect the security or this Mortgage, and the perfonnonceof the covenants and....mentl'ot;'
<br />the Mortgagor conwned herein, Mortgagor does hereby mortgage and convey to Mortpgoetbe: fOUOwUlg:dftcrlbiiiI
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<br />property located in Hall Coun~y, Nebraska: .' . , :'.
<br />All of Lot Six (6) on Island, and that part of Lot One (1) on Island more.pa1:ti:cuiil.dy.
<br />described as Commencing at the Northeast corner of Lot Six (6) on Island in . sa1.d"::.;::. :::
<br />Section Nineteen (19); running thence North along an extension of the Eas.t l:ipe of ,,,,,\l:c:L:-
<br />1~, ~iv Ih) tn ~ noint where said so-extended East line of said Lot Six (6)in!er..e~ts
<br />~h~ ~~~t~;' li~eof - the County Road right-oi-way (which County Road right-of-w<lY rlu'I,S':
<br />in a Northeasterlv to Southwesterlv direction Northerly fr01ll the prem1.ses:'l;ler'!'''i\n:,c-:'::..c:-':::,
<br />conveyed); running thence in a Southwesterly direction along and upontheCen;1;er:::r~~ei\':'-':::
<br />of said County Road right-of-way to a point where said County RO<ld right..,of-way-:(!ellter;::-
<br />line intersects the West line of said Lot Six (6), as such West line isextem!ed:tQ.:-::
<br />the North; running thence South along the so",e"tcndedWest line of sa1.d Lot ~ij;.". (6)::'-
<br />to the Northwest corner of said Lot Six (6); running thence East alongand-.up~n,'.tb,l!.'
<br />North line of said Lot Six (6) to the point of beginning, and being the No.ttheaat.
<br />corner of said Lot Six (6), all in Section Nineteen (19), Township Nine (9) No-rtb,.
<br />Range Eleven (11) West of the 6th P.M" Hall County, Nebraska, together with all
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<br />accretions thereto.
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<br />Together with aJl buildings. unpro\'ements, fixtures. streets. aUeys, passageways, easements, rights, prlYiIe..':an4.-
<br />appurtenances locat.ed thereon or lO anywlS1.' pertaining thereto. and the rents. issues and profits, l'eversiolll-ud re~
<br />thereof; including, bu~ not limited 10, hl'ating and cooling ,'quipment and sucb personal property that i. .t~,ct*";tl!e;
<br />impro.ements so as to consUtute a fLxture; all or which, including repiacements and additions thereto.. iahel'lby.~.'
<br />to be a part of the real ..late .ecured b)' the lien or this Mortgage and aU of the foregoing being referred to hentinu tbfj.c
<br />"Property" ,
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<br />Mortgagor Iurther con..nants and agrees, with Mortgagee, as follows:
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<br />1. Payment. To pay the indebtedness and the mtere.~ ~h.reon as provided in this Mortg....andthelllote.."'xcept: Lb1;s':.'Y.U.
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<br />AwtusttJ1 does not agree to pav the indebtedness and interest on the Collate. ral, >Npte,
<br />2, TIlle, Mortgagor IS the owner of th.l'r6perty, has the nght and authority to mortgage the PI'operty,.8!\d.
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<br />wlllTants tha~ the lien created bereby is. forst and prior I...n on lh. Property, except as may otberwise be setforthberem.
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<br />Kl The Property IS subjeCt to. Mortgage whereIn ..J:'atl:.y:...J'<L and Wi 11; "ll' D. ~airhanks
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<br />lost. 1181-006112 11
<br />is the Mortgagee, recorded at _ ____..___, Page _:'_____ or the Mortgage Records of Ha ec>unty,
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<br />Nebraska, which Mortgage is a lien prior to the lien created hereby,
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<br />ItJ Other prior lien. or encumbrance>: ._!It.'"-P.r.Clf>~_ is subjec t to. a morh~age wherein City
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<br />!'at ional Bank all<L,TJ-'!!'_LC;--"!l1P-'!c,l'y-,H~"til1.&".Ll'_e1:>.E"E.I<,~ist:h~.I!!:>rtgagee, recorded
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<br />a t .~~.:..i8 2 -::9.~.~~,-':'.~_.t.~.e_~_o'::!I~~~ _R~".rd~.. ?!_ll~l!__~_,:,:,~y, Nebraska
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<br />3, Tax.., Asses$ments. To pay when due ail taxes, ,p,-clal ..""..ments and all other charges apinst the Property
<br />and, upon written demand by Mortgagee, to add to the pa)'ments required under the Note secured hereby. such a.mount u
<br />may be iUfficien~ to enable the Mortgagee to pay such taxes, assessments or otber charges as they become dlle.
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<br />4. Insurance. To k~p lht> improvemt'nts now or hert'aft~r lo('at-t>d on tilt, real estate described herein insured
<br />apinst daiwl&e b)' fire and such other bazard. lIS Mortgag.'e may require, in amounts and witb companies acceptable to th"
<br />Morl-ga&et>, and with loss payable to tho Mortgagee, In ease of loss under such policies the Mortgaaee is authorized to
<br />adjusts collect and eompromise~ in its discretion. all claims thereuudN at its sole option, authorized to either apply the
<br />~ to the !1~stO!l!UOO roC W.P PToperty or upon the- indebtedness secured hereby. but payments hett'under shall coo.
<br />tinut' u.ntii tht>- sums secured hpreby art" paid in full.
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<br />r.. 0 Escrow For T.,... and Insurance. Notwith.tanding anything contained in paragraphs 3 and 4 hereor to th.
<br />COlt!my, Morteacor shall. pay to ~he Mortgagee at the bme or paying the mon~hly installments of principal and interest,
<br />ooe-twelCth of the yearly taxes, __nts, hazard insurance premiums. and ground rents (If any) which may attain a
<br />priodty over uw. Mortgage, all .. reasonably estimated from time 10 time by the Mor~gag.., The a.mounts so paid shall be
<br />hold by the M~ without ,"terest and appli.d to the payment of ~h. .tems in respect to which such amouni$ were
<br />~~b.Q. 'ftI...e sums ~d to M~ng!tgtW h~",UJlq.pr ~r,p pJi!dged as additionaJ .security fur thp indebtedness liecured by this
<br />JoIortpae. Mortpgoroball pay to Murtg..1.h. 8D1ount 01 auy defieleney betwe,'n th" a.etual taxe., .......m.nts, insuranee
<br />premi\lllll <d ground rents and ~he deposit< hereunder within 10 days arter d.nWld i. mad. up<>n Mortgagor requestlnl
<br />paYlJIen~ the.....f.
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<br />6.. aepw't -"-tnt.er~.nd Use'. To promptJy t{lpair, n.'-stort' or n>buiJd any bui.ldlogs. ur improvements now or
<br />Mtola&t on the I'roperty; to k...p the Property In good eundition and repa.., without waste, .od r... rrom me.hanic's or
<br />'Otb<<~ l\Ot ~.~y ,"u~lnated to th~ Ut'u heJ'tlOf~ not to make. 5uffer or pt~rmH any musan('t. to (llxist, nor to dimin~
<br />lib Of- ~r Ut~ 'ftiu~ of th.@ P"topetty by afty let (,:1 omliiStQn to Bet; and to {''''flfup-iy ~ith aU requi....m-t>ots of taw with.
<br />~/;t.th.~y,
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