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<br />84....." 002677
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<br />Account No, 28002-0
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<br />OPEN-END REAL ESTATE MORTG AGE
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<br />)~.~.~J...J?~....~~t~.~Y_,_~~.~... ~~.~,I!n~ .~.~ (~bo.r~y ?/kj~ P'i.~~.u?_e._GL..K~~.~.~y'_,_ _.~~.~.~~~4 ..~.~.~...~.~.f~hereinafter
<br />called the "Mortgagor", doe,; herd') fT)0r1gagC' tf:r- k!:l,wlng dt"::--~rl~led real e:.tatt":
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<br />u~outlluT"ent:'>'u:rhree(23)feet of Lot E1even( 1~) and the North Fort..Lf.,()~.r:,.u<.:..:..L.u.......,
<br />feet of Lot Twe1 ve . (12),B1ock (Joe ( 1),.. St""artl:'1."ce~.l1,~<I.~,,,.i.,s.i...o.'!LuH..,,,1}..,<:'~11'!~.Y..L,_....
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<br />Nebraska
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<br />hereinafter called the "pr<"mi.<;~s". t'J Bell Federal Credit Union, hereinafter called [he."Mort-g;g~;;::--.'i-~'~~~-~id~;~ii.;;-oTth~
<br />amount, flnanctd hy !hi' \l(lrtgage~ In thl.' :,>um of ,Th.lr.~.~-~I,),..T,h9.y..aa.n~".aQQ...n:o.llQQ.ttUt':'"....,:,:...::....7...:,::...::.;,;:,...::";.";:..~_
<br />__"::":':-:'U':-:'H':"":':""=' __~..__~_...~n~_.--:'m.~..._:..._~_,_.: '_':_"'_-: .~.., ($ .._~}_?, qq2.~.~9.... . -._ ),rccclpt of which is 'hereby acknowledsed,anddn.
<br />consideration ('If covenants and agreements heremaftt'"r se-I ("rtn:
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<br />Sll;ll,-'d t\;l..,
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<br />
<br />14th
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<br />._n" day lit .__,....
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<br />.......11"",..................,.....,.._. 19l!~~'
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<br />PROMISSORV NOTE: ThiS mortgage IS given to secure payment of the dmount financed together with interest, according to-,the- terms of
<br />the Mortgagor's prom1SS0rv note of this date
<br />ADDtTIONAL ADVANCES: ThiS mortgage shall secure any addlti-onal amounts financed together witl1lnterest, which.may-be made:,.t-ttle':
<br />mortgagee's option at any tHTle before the release of this mortgage provIded, the aggregate amOunt secured shaH-,oOt e_xCfl!d-,the~inax~mu';~l.'
<br />am.:Junt permitted by law, f!i\cept that nothlnQ herem contarned shall be conSIdered as hmlting the advances secured- herem which.-ar.'made-'tQ
<br />protect the secunty or made In accordance WIth covenant$ contamed in thiS mortgage. Any additional 8dvances,:with-l.nter8$t~-~_;.,y:-,t~,'~
<br />mortgagee to the mortgagors, or theIr succesrors In tltle. tor any purpose,.n an:v time DefOre th~ rele~ afld,ca..ceUGtiO_fi of.ttij;; m--o.~~,d?~~
<br />at ~o woe shall lhe aggregate Pflr\Clpal amount secured by ttm mortgage, being the amount due at any tm1e on said-or!gjnal:note:-:~d;~y.::
<br />addlUonal advances made, exceed the orlgmal prinCipal amount secured by this mortgage, being the sum as set forth above; pnJviciettthai:- ~
<br />nothmg ht!re:n contamed ~ha!! be CQns!dered as limIting the amQunts that shall be secured hereby when advanced'to protect~the,secu.rjty,:or in-'--
<br />accordance w.th convenants contamed In Ihl? mortgage.
<br />WARRANTY: The Mortgagor hereby covenS-:\tS VI/lth the Mortgagee that the Mortgagor is lawfully seized of the-premises"-that--_the:;,p",,,,ises
<br />are free from encumbrances; that Mortgagor has good, fight and tawfui authOrity to convey the premises. and that the Mortgagor>warranis'-.,K:J
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<br />will defend the title ar:tnS1 the lawful claims of all persons whomsoever, except,...."h.....................
<br />nSubJectnto n stMtg;.heldbYuHomeFecleralSav~l1~suI;I~Cl"ll
<br />l3.!lJ'lP.<:E! ;\pprm~.HJ.4QQ..QQ.
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<br />OWNERSHIP: II there IS any change In the ownerShIp of the premises by sale or otherWIse, then at the election of the Mortgagee -the unpaioc;ti
<br />balance of the amount hr>anced tnc1udlng additIonal amounts fmanced together With interest shaH become due and pavable at once withOut-
<br />demand or notice
<br />INSURANCE AND TAXES: Thi' Mortgagor shaH matntam tIre. wtndstorm and extended coverage insurance upon the premises in an .mo_unt
<br />not less than the m~btedne$s due tt'1e Mortgagee WIth a loss.payable clause In favor of Mortgagee. The Mortgagor agrees not to commit-nor
<br />plHmlt waste on the premises. The Mongagor shall pay all the taxes, leVIes and assessments upon the premises before they become deHnquBnt.
<br />In the event the Mortgagor shali fail to obtalll 1l15uranl.."e Of pay taxes and other hens before delinquent, the Mortgegee m8V'either-.J>>IVJhem.c
<br />creating <l !ten seC-UTl;H:! htt,-eby fOf the arnounlS so advanced together with HlterCst at the annual percentage rate of twelve per f;ent (-12%~: Or
<br />l..""Onsider Mortgagor In default. - -
<br />OEF,A.UL T: The Mongagor !:, In detauit If any o! the terms and conditions of tM-IS mortgage or the promis~:Jrv not~ or nOt8S_S8cured_he'ritby,aie
<br />brt!ached. Upon default. the Mortgagee ~'1lthout demand Qr nctl~ I'Tl,:IV declare the el1tue debt 5~ClJred by tb, mortgage due_8t_once--and__mav:::_
<br />foreclosl;' thlS mortgagt: fOf the s<wslactlOn thereof
<br />RENTS: Ail ri'nlS ami prohls den~ IrQm the prernt5eS ate hereby a$S-lgn~d to tht! Mortgagee and upon default such rents'and profitl,tl:ta,r:~'
<br />paId dlre~tly to the Mortgagee to be_"ppl,ed dgal~S:t the unpatd balance of any dnd aU advBOcet secure:d-hereby to!Jether- with-_interelt.cU~,
<br />dclaull tl'\e Mortgaget5 :in,,1l be ~ntltled to Immeorate pOn6$lon of th-a prl?-lI'HseS. Thil' MOY1gagar Irrevocably appoints_ the Mor:tgagllec_nd- its
<br />assIgns and succe:>sor$ hIs. attornev.m-raet 10 rl:'flC manage and mamuun the premises as rt deems best, and the Mortgagor further-agreei.to-Pl:Y-;
<br />5ald attOtflt:v ~ re~:sof1abh.> tee fOf ~uch se~VI-Cb'S.
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<br />STATE OF l'I.ell.I:aaka
<br />COl'NTY Ot.. Hall
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<br />s~.
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<br />k~'k'~ Pl'. ,j 'I"lal Y P~lbl\\.__ +Hdif\(.~c\ for, sald county, personally came
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<br />Ne'lJ. E, K~1,lgy.'lnsl[)iiH!!W C;.,.9QQPn'..aLls1.!!...Ql.!l!l!:I..~...,C;"...,!!;gl.!.gy..,_
<br />i...;",\\ '\ \,\ f,(' the iLk!'1i, <.-Ii r>t:'t~'m \l,,~I" ;"'lg.nc-d thl:' f\lrcgolng instrumont and 8.cknQwl..
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<br />=:r.= ,\'i~F""" 1"...J"hJ
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<br />\1y C..:,rnr.,I""'I,'n i._'-p,!,....
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<br />March 10, 1986
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<br />tJ~~j.x.. \-t.)iunt.uy act and deed.
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