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<br />REAL ESTATE MORTGAGE
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<br />84 "'""""""
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<br />003392
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<br />KNOWALLMEN BVTHESEPRESENTS: r/lat .,JJ.",nn i 5_.": Wojahn and Julie A. W~a.~"-._~_ . rt'ndividuals.
<br />joinlly and seYeral~. resft1mQ in Ha ll,~~____......: County, _~_ bra s ~___~; and jf a corporation or ottier business' entity, with its
<br />principal place of business in County j _ . (hereinafter re1erred 10 as' 'Mortgagor" ,I io consideration
<br />of all Mor1gagor's indebtedn.ss. liabilities. and Obligations 10 _..~..._.. Commercial National Benk &Trust Company
<br />01 Ha 11 Counly. Slat. 01 Neb r a 5 ka i" Mortgag....), now .xistingor her.aft.rlncurre<l, and olher vaiuableconsWer"tion in hand pall{.
<br />does herallys.1I and convey unlO Mortgagee the 100Iowing desuibed preffilses situaied in' Ha 11 . County and Stale 01 Ne br'aska
<br />to-wit:
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<br />Lot Four (4),BlockTwo (2), ColonialEstates Subdivison,
<br />Hall County, Nebraska
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<br />togetherwtth aH of the righl. Iitie. and Jnteresl of the Mortgagor in-satd property flOW owned or hereafter acquired and aU buUdlOgs, in1prOliements" and fiXtures ,of',any
<br />!ype now or hereafter placed on said real property and all ease~en1s, nghts: appurtenance~, rents,_ royalties, oil and gas rtgh~s and prf)ms:,..water..:-wa~r "ghts,'and
<br />water stock, and all fIxtures now- or hereafter attacl1ed 10 the foregOing descnbed property, all of whlch-inchJ~lng rSlllacements: and' ad,d1ttons thereto. -s_ball; be_d_8emed
<br />to be and remain part 01 the property covered oy this Mortgage, All of the fOfegOing- property shall be collectively'hereinafter -referred to-as ,the. "_Premlses:,"
<br />This mortgage IS given to secure a certain promissory note dated ~___.JJ!TI~_t2.LJJL~4-_,~._jn the principal sum of _-,.-N-ine 'Tb?uSari,a__t \-O.ri~
<br />_H':'l'~".<l.~l1.<l.no 1~2():::.::"::::'::-.::::=.::::':::::":::::::'=':::=-.. Dollars ($ .?L~~:"~~). and inleraSItnereon according 10 lb. (.rmsOI
<br />sai~ note and any and all extensions, renewals, moothcatlOnfl, o-r slibstftutlon~ tller~ aod each and every -debt.- liablijfy and ~bllgation-of ev~,ytyp.e _and _d.~'rtPll'?fl
<br />whIch lIie Mortgagor ~y now or al any tIme nere.af!er owe 10 the Mortgagee, I?ctuomg quarantees or accommodatwns. which'the"Mort9,agQnnay now, o~ lH~ny,~
<br />hereafter. owe or be ODh~ated nn :0 the Mortga9~, whetMr sucn debt. it~blllty> or obligatio? now eXIS1s or IS or may be'-di~ect or- jn~l{ect;.,~ue-qno,b_ecome _due;
<br />absol-ute or contingent, pr,mwy or secondary, hQUldated or un!iqwdated, or JOint, severaL or joint and several. all such debts; habilities-, and'otJljga~ons,an-collectivety
<br />nereinatte-r referred to as "ObhgafjOns. - - ,
<br />The lotal principal amount, exclusive of ,interest. of the ObligatIons including allY future debtS',advances, nabiJitieS_.Of ObfigatiOrlSi",'not:~nehl~f~~i(hO~ver_'any:;-,
<br />sums advanced for the protection 01 the PremIses Of toe Mortgagee~s !nlerest therein, shall not exceed ttle som of. ~ Ei2:h,t ee.n _ Thous,a~d-. ,,:'r~.~'_ _ '_c.": ,': '
<br />.-.!> un d re d an L no / '!QQ.:-.:::::-.::-.::::=::::.::::...Dollars r $.1.8~Q.Q.cQ.O_...). provide<l, however, 1/la1 nolhing conlained. he.rein sha.l..I. C?~Sl. i.t. Ill....
<br />a comrmtmenl to make addlHona! Of future lQ.3nS or advances in any amOUnT, . -
<br />Tne Mortga~ hereoy warranTs tI'1~l It 1$ -'ee owner of the mortgaged re~! propef1y" thai it will deten9 tile title agaJ!)St 'all-Claim'ants,.wnoffiSoeviit-:---ana~-:lf .
<br />relinqUIshes all nghts 01 homestead In saw PremIses aoo cOl/enants and agnv'ot. with tile Mortgagee as fOllows
<br />1, TO pay when aue all Taxes. Hens. iudgmenlS, or assessments wr:r., '! be I.3wtully assessed against the 'premises,and the rentaJ-charge$:upo,it-'an~ t_ea;5e's
<br />assigned as aaditional 56CUn:y for thIs Mortgag~" _ _ . _ , _ __ _ _- _': _,_', _: ,:' c_ ,_-::';:: :_' (:
<br />2. To mStlfll' and keep, Insured t~e PremJses aI'''! otr.er imorovements now on or which -may hereafter'De placed _on -saId' Premises' to th~__,sa~tion ~'_~fJt~e
<br />Mortgagee:, Any POlicy evidenCing such Insurance shall ;"f; endOrsed with a-l11or1gaQee-lOss payable clause, - approved by-ana in favor ~'M.ortgagBe,;,and_deptlSl\ed:--Y#1~',
<br />tOe Mortgagee anQ ~Ilh any lOSS thereunder 10 be paya~l6 to Mortga,9ee _ At the option 01 Ine Mortgagee, sums so recelyed ~y Mortgagee-_ar, Mortgag(j~ ~ be used't_!?:_
<br />pay for reconstructIOn at the destroyed PrerrWies: Of, It nol so apPlied, 111aY, at me ophon of the MOftgagee, be applied In paymenl of' any-_Obnga~jons. matured: Of, . >
<br />unmatured, secured by_lhis MortgaQe_ '
<br />3, Ie. K6tlj) all bUi.tOJiiijS.VC(,UD'oo' ana ;11_ goou (~palr ~!id to re!rain frum !jliLcoa.tmissioRotaDl,.ads_QtllO\OYq.l.Jfemohti.o~-._or iropairm~nl_o1-ftw..P1'emtses_: nOf:t?-'
<br />cuI Of' remwe, or pemut ta be cut or removed, any wOOO-i)r !Imber from:SAto,reaJ properly, or lmp.alfmenLof tne,va~ue:ofJt$
<br />socurily: to continuoosfy practice approved rnelhods a1 tarming on saKj PfemiS8s;_,-l~ pf~"t, damagjng-weed:s~. -andJo_pres~e
<br />tne fertility of the soi!.
<br />4, That all ".lOOOY and aWiifds payabi~ as.oarnages Of compensallOn"rorloo,taktng-of_ _ __ to afltpOrtiOn..~t ~ Prel1)is8S,-by_.-:::'-
<br />reason of any CO!lOemnatjo~, emment domam, cn.mge of grade, or other proceeding shalf.. at tne option of'the Mortgagee, oe paid -to tpe, M.ortg_agee,!~aJ}d. ~,~Cll.mOn&-YS
<br />and awards are tlerebY_3ss1gned te Mortgagee, and iudgmenl theretor snau De enlef~ 10 favol of MOl1gag,ee, and when paid shall be- used"at i~-optio,n. toyIardJh~_
<br />payment oj the Obllgaltoos secUieC! hereny H1 sucti f?Tde~- or fTldoner as Mortgagee may de.sire or detef1Tuoe,or shalt be_ used at fts_op~on_,.fOf'p:a~to.f-:~~;
<br />assessments, r6pal(S_O~ 0Ihe-r l~ams: lorlne,payment 01 wlw;nU'!is Mortgagtlls given as secUrity, whether tho same be then d~6,_or not,:ano," ~uctl_ or@r_QI'-Jn~:llfl6f_as
<br />Mortgagee may OeteflTl'lne, ana any amount.not so used shall be (el,wseO OJ' lha Mortgagee-to the Mortgagor. Such appltcabon I)( releas.e stI_alt. flot'cure Qf,Walve:any
<br />default Of foreclosure proceedtng5~_ !n the even!, Mort.gagee, deel~s ~l_neteSs;j!)'_ to appear or af\$wer in-condemna.tJon. actiOn, hearing or proc~ng_~,MoJ:tgag9f' 6:haU
<br />pay aU legal expenses In cQOooctlon l'1erewltn, mciU<1!no bUI not llmlled to a!!Omevs' fees and court cosls, and until SO paid, -SUc.h_5xpens6S, Wtlh,jfl~6fBSt-~t_t~~-r~te~,O!
<br />_~~?_~__'tercent. shaH be added 10 .the Obji,gatians $ocured he-(€Oy Jf! $uc.h manner Of ordef as Mortgagee may df}Slre Jl( delerrnine, havfng the:,biJ'oofit ot~ ,the, lien
<br />created hereoy as a part- hetaof and 01 tts Dn-only
<br />5, That in lne 6vefll Mortgagor taiis to- pay woon ;Jue any ta~es, rental cnargas upon any leases -assigned as _additional security for- ,1bh~:' Mortgage; ..liens;
<br />judgmenls, Qr assessments iawtuHy aSS6Sst7Cagalnst the Premises, or falls-to malnlwn jn~u!ance as ilefembefore_prov_ided. ,Mortg_aQe~-may-maj(~e-s'ush pa~t,or
<br />provide such H'l5ijfaJi.:e, arid the afilDUnt\s} pa,d ihorii1i}f shalf l.M:O>T~ a pdfl of.!M ObllgattoflS secured hereby, due and paya.oie immernaIBly,_-ano_--shail-br.af ,~ie(est_
<br />althe rate of _~~_:2 percent per annum from aild-allhe time the MIXtgagee makes' such pavme:nL
<br />6_ ThaI in the event Morl\}iigilr defaults in me payment of any of the Obligatj~S-Ol' of any interest thereon,_ r,lt'the lime. whe",th&'same-shal!',Oir6ue,,;or:-.~th:
<br />respect to any c~ena-f11 Or' condItion hereof, Ulen. at the option oj Mortgd~, -the enhf-e Obi'9atlons, secured hereby_ shall fortl"t\lrith:becORl,e dU8;aqti ~yable._.an;~-t~e
<br />Mortgagee may IOlmedialeiy foreclos. lois Morlgage or pursue any otner aVallabl. legar reme<ly .In lhe eventolanyaclion by Morlll4gee",.nlorce collectIon 01. oIlY 01
<br />~he ObligatIOns secured he(eb~. the Mortgagor agrees that ar.y expense ln~lu(iing Wlthout llm1tatlo,:! attorneys' hms and _~osts Incurred ,_l,~ ,connectton the-rs:wlUl or
<br />Incurred to. procure Of exlerl-d an abstract of !It Iff shall. ,when Incurred Of l~!d h~ Mort~ee 09CQrne a ?'In 01 trip Oh#Q~t!(ln>:; <;-Pf;!~r~~ !,>~r!>i'J; :!t"}~ ,:."!~u !)~,~.!:i1
<br /> hy
<br />MDJ1gagor togetller with al~ the taxabie COSTS of such aC!lDO,
<br />7, lllal in t~ event any actton is brought 10 foroclose thIS Mortgage for ail ar any part m the Qbllgalions_sBtured h&!'6Dy: the MottgJgOO sha.H be entJ.tle~,to
<br />immediate posseSSIOn of the mortgaged Dfemis6S, and the court, o~ a judge thereof in vaca~. may appoint and the Mortgagor hereby COO!.tlnts 1,0 the appolnlm69l. 01
<br />a receive' 10 take possession of sal~ Premises 10 collect. and re-.:;elve rents and profits ansiog fherefrom; and ,from any rnoneys_ so cOHected, to ~y tax~,. prOVide
<br />Insurance, make needed repairs to Hl1prOVements upon lhe Premises. and make any otnar e.xpenaitures,authonzed by the court, and_appiy any stim-remamUlQ,after
<br />the payment at such authorized'expendihJres up.~n IDe Oblfgahons,
<br />8._ Thai faliure or de~y 01 Mortgagee 10 exercise any of ils rights or privileges or 10 insist upon strict pertOfmaoce 01 any COvenants Of agfsemeots oj Moi1ga~oJ
<br />contained in ttlls Mortgage shall never be construed as a waiver of any_ requirement or obugati.on of Mortgagor DC right Of remedy, of Mort.gagee Gootained in or, ba.seq
<br />upon any of the terms, provisions. agreemenls or covenants of thiS Mortgage or any tuture defaults.
<br />9. 1 hat in ~ of default in the payment of any of the ObHgaticns. or in case ot payment by Mortgagee oj .an~ HaO,)u;'JgmaJ11, la;O;, l;~StiraJl~e, cost._ (}j expense
<br />satd Mort,g.agee"sha~! have tho pri';'llege, wHhJut declarl~,-g tne whoie "liieb:edness due and ~table, i~ !Ofeti\hJe uo aCt:oufli 01 S.ucn :;;~lHc {jijlauil lor S1JCf1
<br />ObligatIOns as are, in d8fault ar.d such fOiec1osi.lfe proceedings [nay be lidO and lhe .land descfloeO herem may De SOra, suo~t to 1~1l3 unpaid .obligations nereby
<br />secureq, and tNs Mongage sl1all CDnt~nlie as a i!en for any unp"-l_d nalance of the Obligat:ons.
<br />10, 'MQrtgagQr asSigns and delivers to the Mort\ICIgee ail right, litle. HHeT6St. jj:no demaoQ tfi dnd 10 rents ano profits oj thf.
<br />Mortgagee an-leases of file premses now or nereaf1er n~e, written .or oral, and dDes empower MOft93Q.ee to coHeet_Joe: r~,elp!_ [;)r-dH
<br />tenant$> to pay renl due. 0( to become due to MOftgagee. 1 ne term of HilS assignment is until .the ObligationS are fully p.Nl, Tt'HS as;;!Qfh'1le!i!
<br />unless _oo1ault is made in tne covenants, terms. arid conditIOns of any i)1 the Obiigalions Of this Mortgage.
<br />\ 1, If any paft GI-me Premises .ate tra-nsfe1fea (lr S(}h.l' wit hoot {he- vdDr wrJaen cons.ent.of the MortjJa9tr€.~, the Obilgatio'!!: m,q ;:[ lh::
<br />dec~ed immediately due_and ~yable and ttlls Mortgage fli4)' be !Ot-eC:losed as set tOft!! in paragraphs 6 <t,M 701 thb Morlga;:;'ii.
<br />.~_~~}~;'~~~~:~~~fr~:~~1;1~~~~rl;'~"~ andenC~IT'b;",,'es wr\dBI"''''. €Xcepl 1 ,;.::npor ti;"8c:_ ~ ilh Fir st.
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<br />M!Jflf}Jgee be
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<br />_F .~~ .(~ of:," ~~ .~~" 1:_.
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<br />13__ \j"l Int (f';1JfH M(lftgagm 5ha)i, w,l!hQiJ! the pri;), ',\-filler! f,1)-ns~n~_ fl!, M.of1\iJ.Q:et, m-()rt~ig~
<br />l!IflG,um**oo 11'\ dny f~hiOfl, ~ner';,.MDrtgagee may, (i! Mocl9dlJee';:; i)pt!~m. o~-;;!;m:: ]ii Oblii}i!iuns 10 t'e
<br />may'be !oret:iO$ed ~~:,$et !orlh ;n par~~rapt1s 6 ir.d 7 &'1 t~ls MiJ;tiJd~
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<br />t>l- lr.4t .H- an', pr~'l)iQ(I) her@Qf 5-tiou}(! ~fr. h~.~{J un{'!nlQi(:~'imle-!.it Vi.'!1;J, j<;I;'!' ';.;".;:;; p:0Y,.;;)-!)i''\ -sjl;.~j ~'~'! (-;:t'i'll-t:<
<br />I'lG w_;lty ,-dfl~l thv: y~Jid~ ~ Nl.iS ~\YtGa9t
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