|
<br />I
<br />
<br />MORTGAGE
<br />
<br />
<br />84 -'fJ02"3i3
<br />
<br />This Mortgage Is entered Into between
<br />Husaand and Wife
<br />Five Points Bank
<br />
<br />Richard L. Geist and
<br />
<br />Mortgagor is indebted to Mortpgee In tile prlhdpalsum()f$92 ;868,(,4
<br />
<br />dated May 21, 1984 (herein "Note") pro~d1ng'for payments ofptineiplllcand:inli!.Jt;:intititi:
<br />
<br />Indebtedness.lr no~ sooner paid, due and payable on May 21, 1987
<br />
<br />To secure the payment of the Note. with interest as pro~dedtherein. thecpayment'ot.u;~Jlet;s~'
<br />advanced by Mortgagee to protect the security of tbls Mortgage, and th.rpeJ:fo-..eof~..cO#~. ...c'.
<br />the Mortgagor contained~""'" ~MI\lY mortgageand co....eyto M~;ttieitQ!lo'-
<br />
<br />property located in H~'1.u)~::~:~~:"",~~:i.Nebraska: ' ,
<br />
<br />Center Le Heights Third (3rd) Subdivision,
<br />Hall County School District Numb~r 30
<br />
<br />'0.;
<br />
<br />. ::?:';~. !~:(;,~j~
<br />LI',;#\;t
<br />
<br />Together With all butldln~. lmpmvpments, flxtUfl'S, slret"ts. altpys. passageways.. easements, rights,'priYi~:~;:::-_.'
<br />appurten&nct"S located tht.'reon ,or In anywise pertaining ~hereto._ and thf rents_ lssUt'h and-:-pronu.;.mversiQ~-~i~r-.:I~
<br />thereof; Including, but not limited lO, helting and coohng ''Qulpmen~ and oueb pe""'n.lpropertytilatis.~...:'II!"c:' ':
<br />improvemenlJ> so as to com~,~ute I fixture; aU of which. indudlllt replacements and addltion$lh_to,iahltl!ib1~',
<br />to b<> a part or the ",a1 <'Slllte ,",cured by the In>n of thIS Mortgal!<' and all or the roregoing bcingre(llnedtohelOliaaaiile"
<br />.. Property" ,
<br />
<br />
<br />Mortgagor (urtb~r oonvman-b and~. wlth MorteJlgt"t>. a..... [Qlluws;
<br />
<br />1> Payment. To pay the lndebtedn~ and tht"' i-n\.t're:it. tht'n'lli'1 as providt"d In lhB Monpee and the- Note~
<br />
<br />2. Tide. Mongaeur lS tiw I)Wtt.l!f of Ult' rroJWrty, 11& tilt' fight and auU\ortly to mortgage the PropeltYl and
<br />warrants Uun the- hen ewa.t.e-d h('r~by LS a frrsl and pnuf h~'n 01\ lhl':' ProlX""rl.:v. t'xt'ept a..,. Illay otherwise bE!- ,set forth-herem.
<br />
<br />CJ The Pro.perty c; s.ub~l ~v a ~1oftga&-~ 'ft"hf'ft'tn
<br />
<br />
<br />it the Mortpg.-e. I't'COrdo,d at Book , Pllj\e "r Ihe /dorIRag.' Rl'Cords of
<br />N.bras~ whu.-h Mortgace is a hl'U pnor lo ria> llt'n ('f\>ah~d tW-rt'b~
<br />
<br />~_u___.__Co!Inly.
<br />
<br />(J Othur poor hens or encumbnt.lict':lo>
<br />
<br />3, T........ A_n~ To pay whffi due all tlX"., 'pe.,"1 "",",,'..ments and air Olile, chlrg.,. lI&ainsl the Property
<br />and. upon wriUt"n demaud by MortgiJ.gt"e, to add lo tl1,. paym~mb rNjUIrt>d undN the Not.. secul\'-d hereby. such amount>>
<br />may Ix-- sufn.:wnt to -E'na-ble the Mori~t' to pay such U1Jl,e~. as~'So&mt1-0u. or othe-r charges as they ~come due.
<br />
<br />4, 100000ance. To kM'p tht' Hnprol,euu'nl:.. now or nereaftt'r iocated on the rl"al e.sLatt' described herein insured
<br />agauu.t dama&t" by fin?- and ~u('n l)tht't hazarcb a... Mortgagt'l' ma) rt'quut'. In amount!.. Hod 'WJth 1'l,}flIpaHlt-''> ii,('cL>plablt. to tht'
<br />M.~, and wUh lV$S payahit' to t.he ,MUrLgagt:c. In ,~~ uf jus.& u:lder :i.\Jch pollu,-'!. th~ Mortgagt:c is aut.horized t.o
<br />adjust, coUed aild CQtnprom~. in it..'i dis.cn>-lion.. aU claims. thvJ'eunde-r at i~ sok option. authorized to f'tlhN apply tht,
<br />p~ to t.h~ restord.tiou of lhp Propt.~rty Qf up-un tht> md(>btvdn.es.s M'cul\'d ht'reby. but payments ht'n'under ~ball ('on.
<br />U~ until the sums Sf'Cured h..~reby an' patd in fuU.
<br />
<br />S. Ll Eittow .'ur Tnes and (nwrance. NOi-Wldl~t.andmg anythmg cont.aHh'd In paragraphs 3 and -1 hereof 1.0 the
<br />c-ootrary. JJtorii1acur :lJ.haU pay to t.he Moft~(' at tht> ttm-t' of paying tht- monthl~ tn~lathl1t"n~ of prindpal ilnd tnteres.t,
<br />on~'tweU\h uf the yt"arly ta:x.t~. a1ts.ewnl".nt3. hua:rd msurant:.-e premium'i. and ground f\'ul\ (if :any J .....hh~h may aHatn a
<br />priont.y OW:.f thh- MQt'tPF. .IlH lt$ reMQnably ""'$timatt>d from t-lmt' In Urn\? by tht" Mortgagt't'. Tht, am4)Ur.U)<\0 paid shan bt-
<br />h~d by tM ~ withuut Jnte.~ and appH-c<i to th.- p.ltym~nt of lht' Ill"-'ffiS 10 ~pt'(:( tu wtu(~h s.uch amounts were
<br />do!positod. Tlw WIII1l paid I<l MtofitlaJ"" bereun<k>r Are pledged.. addlllonal ,,"cunly for the wd,hled,,_ ",.u..d by thIS
<br />~. Mott~ihalt pay to M.ort-I~ th-t' !l-m.Qunt of any d~fi{:'jenC'y bt-twt"vn tht; adual t,aXt:'~. a.~~'U11,,'flt.!l. tnl'oUClUU.'t'
<br />~twm and around ~f\l$ and ttw dttp~iu,: h4'l'l"urKkr within 1 0 da.;!~ aft~r dt'ID:tind 1:5 llus.dF upon Mor\gllguf ft~qu~ting
<br />l'OY_nt lM:,roJ,
<br />
<br />a Jt~~ M.m~llIJ;d lJ_. To prompti)- H->-patr. [~s.ton Of H'oUJld 3llY btuJdHl;P- I1f lmprovj.tmt~tib now VI'
<br />h~rw.t (1" tM hupnt}'t to kwp Ut-t- -rw,pt'f\l i!l <<-mid ~"ofidit~~'}n and r~.vaH. !j\-ithoUf ~it:;\h'< a.ll-tl frPt' hum m~'t,~hanh:':< or
<br />~lm~nut V'xl'i~ $U,bt)l'tt\natt'd to t.lw He-n lwtWf; n";)f b... UfAk('. ~ufft"t or ~'fmit an) rWl-S3;nO' tu l,::\bt, flOT hi- dim1l1
<br />Qh Of tm.pa.1.r dte: ....<<lts#; fJ;f tlw ~)pt'-tiy b~ an)" iK'{ il'}f OIDlliU'OJi..Jfi t.u ,~.t, and to comply \Il iLh ilH wqurn.'m~nt.".> nf law wIth
<br />""9"'" \<. the f'>:"P<'fly
<br />
|