|
<br />84 - 003779
<br />
<br />MORTGAGE
<br />
<br />r
<br />
<br />This Mortgage ,is entered into between
<br />Thl1'p-rnnQlp.. Husband
<br />
<br />Sl:RlIpen ' .J
<br />
<br />Thuernaale and Deborah_ J'.
<br />
<br />(he"'in"~~~I"jM~."",
<br />(hj,reln"~illtgag.;e'!:); ,
<br />
<br />
<br />dated
<br />
<br />"---,."-,,,,,",, ,';-",,'-'
<br />Mortgagor is indebted to Mortgagee in the principal sum of $~, evideilcedW~~~iJ~~:~~i...}
<br />Ju 1 y 12, 1984 (herein "Note") providing for payments of principalandinterest;";';thth~~~i~..,f:Oi~:~c'
<br />
<br />
<br />FrVEPOTNTS BANK
<br />
<br />,-,;-",-:,-'
<br />
<br />indebtedness, if not sooner paid, due and payable on A1H;plRt 1, 1991
<br />
<br />Tose~ure the payment or the Note, with interest as provided therein,the paymeiltohnother'lIJIIS;:~ith',il1~i
<br />advanced by Mortgagee to protect the sec~rityofthisMortgage,and theperfonnanceofthe"01enantsand~eJllt!nf.!lQf
<br />the Mortgagor ~ontained'herein; Mort:gag&~' :does,"'ereby 11l0rtgageand ~onvey to Mortgagee,tl)e'to11o)irinirdesln;il<Ill
<br />". .., '.'i" ~"I ;:-t, t;', - - - , ' - , .', ',' ,-' ;, - ._?O - ,;
<br />~;;;;t;;;'Nebraska:
<br />
<br />~ " -
<br />
<br />property located in
<br />
<br />Hall
<br />
<br />Lot Fifteen (15), Block One (1), Sothman Subdivision 't.o the City of' '
<br />Grand Island, Hall County, Nebraska
<br />
<br />"".::!-)o-_:t"}-~"(,
<br />
<br />ii~~\;~;
<br />
<br />Together With all buildings, improvements~ fixtures, streets, alleys. passageways. easements:,' righl;s,: P!iy~t(~gf;l.s',-~d
<br />appurtenances loca~ed thereon or in anywise pertaining thereto, and the rents.. is~ues_.and-prc.>fits~ reversill~_and~r:etn8i_n~~~-~
<br />thereof; including, but not iimited to, heating ,and cooHng -equipment' and such - p~rsomdproperty: ,that:is-,att~h~!l:~~O.-~~(;'
<br />improvements so as to constitute a fixture; all of' which, including replacements and additions' thereto, ,is'--herel?Y" d~c~!t.re{r~'
<br />to be a part of the real estate secured by the lien of this Mortgage and all of the foregoing being_referred,t-o,~-be~in.,~Jbe --
<br />"'Property" .
<br />
<br />
<br />
<br />Mortgagor further convenants and agrees, with Mortgagee, as follows:
<br />
<br />o The Property is subject to a Mortgage whNein __~.______________
<br />
<br />is the Mortgagee, re~orded at Book __ , Page _________ of the Mortgage Records or
<br />Nebraska, which-Mortgage is a lien prior to the lien created hereby.
<br />
<br />r5YUther prior liens or encumbran~es:___,_!!.'."_~:!U:~__~A:: t.'.... n", I glo,,ct<6 .:r____
<br />
<br />Hall
<br />
<br />L
<br />
<br />3. Taxes, Assessments. To pay when due all taxes,_special assessmentS and all other charges against the Property
<br />and. upon written demand by Mortgagee. to add to the payments required under the Note secured hereby, such amount as
<br />may be 'sufficient to enable the Mortgagee to pay such taxes. assessments or other charges as they become due.
<br />
<br />4. Insurance. To keep the improvement$ now or hereafter located on the re,al estatl2' described herein ~nsiJred
<br />against damage, by fire and such olher hazards as Mortgagee may require, in amounts and with companies acceptable_to the
<br />Mortgagee, and with loss payable to the Mortgagee, In case or loss under such poli~ies the Mortgagee is auth.orized to
<br />adjust, collect 8Qd compromise, in- its-discretion, all .claims thereunder at ,its sole, option, authorized to either apply the
<br />proceeds< to_ the, restoration of the Property _or upon the ind_ebtedness secured hereby. but payments hereunder shaU:con-
<br />tinue until_ t4e, sums secured hereby are paid in full.
<br />
<br />5. 0 Escrow For Taxes and Insurance. Notwithstanding anything contained in paragraphs 3 and 4 hereof t.o the
<br />~ontrary, Mortgagorshall pay to the Mortgagee at the til1le or paying the monthly installments or prin~ipal and interest,
<br />one~twelfth of ,the yearly taxes, assessments, hazard insurance premiums, and ground rents (if any) which may attain a
<br />priority: over this Mortgage, all as reasonably estimated from time to time by the Mortgagee. The amounts so paid shall be
<br />held by the Mortgagee without interest and applied to the payment of the items in respect to which such amounts were
<br />depos.ited. The,sums paid to Mortgagee hereunder are pledged as,additional security for the indebtedness secured by this
<br />MorLgage.~Qrtgagorshall-pay to Mortgagee the ,amount of any deficiency between the actual taxes, a'isessmenis, .insurance
<br />premiums' and gro.tind Tents and the deposits_ hereunder, within 10 days after demand is made upon Mortgagor rt:!questing
<br />p~yment thereof.
<br />
<br />6. Rep,air, M_l\inten~c.e and Use. To promptly repair, restOT{>- or rebuild any buildings or improVl~ments now or
<br />ht:reafteron the Property; to keep.th(l Properly.in good condltion aud repair, without wasle. and free from mechanic's or
<br />other tiem. not expr.essly _subordinah~d to thtl hen he~~of; o{jt to-make, suffer or pl~rmit !tHY nUiSallC(' to ~xist. !lor to dimin.
<br />ish or imp~ir the valul' of the Ptope,rty by _any aCt or omission 1.0 act; and to comply with all Ti'quiremenL'i of law with
<br />respect to, the PropeTty.
<br />
|