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<br />MORTGAGE
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<br />84 - 003233
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<br />r
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<br />This Mortgage is entered into between Garry lee Williams and Jeanne Susan Williams,
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<br />hus!:and~,
<br />Five Points Bank
<br />Mortgagor is indebted to Mortgagee in the principal sUIII or $ 30, 000.00
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<br />(herein "Mortgagor") and
<br />(herein "Mortgagee"). .
<br />, evidenced by Mortgagor'sn<ite
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<br />property located in ~_____oGoilnty.Nebraska;
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<br />SEE A'ITACHED EXHIDIT "A".
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<br />dated Jllne 1~1_ 19B4 __ (herein "Note") pr()viding, !~r-payments: cr-princ!~ arid-interest; wiLli.-the' ba!z:nee-'ofci!ie'
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<br />indebtedness,if not sooner paid, due and payabl. on .June 15, 1994
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<br />Together with all buildings, improveme-nf.5. fixtures, streets,
<br />appurtenances located thereon or in anywise pertaining thereto,
<br />th.reof; ineludlng, but not limited to. heating and cooling equipment and
<br />improvemen~ so 85 to constitute a fixture; an of which. including
<br />to be a part of the real esuw secured by the lien or this
<br />"Property".
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<br />Mortgagor further- convellanJ.s and >l"f$. with Mortgaget'~.as roHo,ws;
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<br />1. Paym~nt. - To pay the indebtedness and the iuterf'sl ltwnwn as_'provid~d-ln
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<br />2. TI~, Mortgagor is tbe (Jwnerof the Property, h.... Ih,' flghl and
<br />warrants that the Hen created h(m~by is a first _and prior Iie:n 'on th~_ Propt"rty,
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<br />[] The Property is subject toa Mortgag. wher.in
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<br />is.the Mortgagee. recordl'll at Book ,_~_~.,~,_, Page _._.._.... ..0 orthe
<br />Nebraska, which Mortgage is a Ii.n prior Lo Ihehen crealed hereby.
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<br />o Other. prior li.n.
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<br />3. Taxes, ^",""""""nl&. To pay wh.n due all
<br />and, upon writt.n demand by Mortgagee, to add to the
<br />may b. .sufficientto .nable the Mortgagee to pay sneb
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<br />L
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<br />4, lnsur.al'lCe~ To k~p _ the improv-ement.."i now or hereafter located on tbt> real est.a:te
<br />agains.t-Qa..'ll&It' b)' fir(' -and such other hfturds 35 Mortgagee may require. in amounts and with_('ompani~ acceptable to,the
<br />Mortgllgee, and .with I.",. payable to~b. Mortgage., lne"'" of I.... under such polie.esthe Moltgllg.eisauth,,~d \Q
<br />adjust, collect and eOUlpt'Qmlse, in its disc",tion, all claims tb"..und.r at its sol.<op!.ion, autho~dtoeitl!er-.pplythe
<br />proeeeds to the.l1!Storatlon of the Property or upon the. indebtedn.....curedh.reby. blitpaym.nis.he:reun~~shall;.cOIl'
<br />tin... unUI thesUIJl$ secured hereby are paid in.Cull.
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<br />5, D Escrow For Tnesand Insurance, Notwithstanding anything contain.d. in paragraphs 3aild 4 h..",o! to tbe
<br />eontnllY, Moltgllgor sllall pay to the Mortpg" at the time or payingth. monthly in..taIlm.nts of principatandinlerest,
<br />_twelfth of the ye.rlytaxes, _lIWllts,b-"dinsuranc. premiums. and groundi'Pnto (ir any) wllicb may attain a
<br />priortty <m>r thi> Mortgage. all as rta,wnably ..timatedfrom time to time by th. Morlg~.e. The amounts"" paid shall be
<br />held. by Ibe Morip&ee with""l inler...t ..,dapplied to the paYll,eol or the i~.m" in ..,.peet. to which such amounts"",re
<br />depllOil.t<l. Tht1""Qli.paid to Mort~ bereunde. .... pledged as additi9ual security lOr the ind.bttldn... secured by thiJ;
<br />M~,~orahllllpay t9 Morlpge<> tb.""'oun~olanyd.fiekncy between the actualu.".., ....,...,..nts, insurance
<br />pmmlulll\l andjP'Uund ""'ts a"d the depuoilS Iwreunder wi~bin 10 day. arler demand" madc upon Mortgagor "'qll<lSting
<br />paY_ill, Ibe.-.m<
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<br />&.. ~,Main~.l1d;Uae. To I'rom~y repair, ""to"" Of ....build any buildinil" or impwwDl.nls now Of
<br />~~.Ol! ~.I'ropettY; tn.k.eep llw Pro~y In goudrondltloo...,d ",pair, withuut ",..IC, a"d f..... rrom m.cha.nk'. or
<br />oq...rli!rm~tl!<pIlIOl\Iy .~_i\lOd!u tluill.a ~f; Il<>\ to......., ...rr~ or pellnit any"u''''''''.. to c.&i.t,l'or to dlmin.
<br />ioh "" iIDpIir tlm nl....ot lNl.!'rop.trty by any act '" omis$iQOlW act; and to """'ply wllhall requi....mrhl> or la.. WIth
<br />_ti<> u...~'ly.
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