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<br />004014
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<br />MORTGAGE
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<br />. ,-,'-, '-"-'-- ,--,
<br />ThisMortgageiselllemdinwbetween G~(}l:-ge A, Newcomb, ,Jr. andKar~n J. Newc<imb,ln,lshaiu:l"
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<br />I'< wife, as joint t=.,nants_with right of survivorship I'< n.ot as tel1ant~incom!non-,_."""
<br />"" " "--"-- (b"ltlin"Mortg.;gor"J lUl~ '
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<br />Five 1'61 nts ~ank "" . _ " "" "" """" ""! "" "(l)!teill''M''rtga~'T
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<br />MortgagoT" is indebted 00 Mortgagee in the principldsum of $_60, OOli.OO" """' eVidel1~bYMottg~~rlsnota'" "
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<br />dated --.:P.lY~~ (l)e....in "Note") proViding for payment.. of principal and interes't, with the balllne<j-9ftl\e; "
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<br />indebtedneos, if not sooner paid, dueand payable on~.?nuary 23, " 1985 _
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<br />To 8eeUtl! the payment of thl> Nole~ with jr,terest .s proVided tbarein,tbepaymerll of lilf other sUn\S;wlth'illte~t1-
<br />advanted by Mo"Wlget' to protect the security of lhisMortgage; l\ndthe parfortnllJlceoHb. covelial!tslmd"a~~~tlI!of';
<br />the Mortllll1lOT contained herein; Mortgagor~'-he""bY mortpg<!- and convey toMcmgagee.the'f(lli~_nl!fd~ribel!!
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<br />property located in ~~~~ty; Nebras.ka:
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<br />Lot Fifteen (IS), in Block Four '(4), O"lde'Mill
<br />(icy of Grand ISland, Hall County, Nebra-ska
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<br />Togethe.r -with aU bUildings. improve-menu. fIxture,'S. 5tWt"ts.. allt>ys.-~ways~ ,,"asements., rlgh-t.st:'p~Vileges-and
<br />appwten_ located tb~_n or in anyWise perlallllng th~relo, "nd Ib""",", .,..U,,"and pro/ill;.I1J''''rsions,.nd....main<lera
<br />thereof; including. bul no~ limi....d 10. h..aunR and <oollngl'quipmcnl and "suchpal'$oual proper~y I""t is,attacltedtocthe
<br />impro"'meul$ so.. lU constiIU"'.fi"IU"" a1! "r wbich, mdudmg ",plareroelllS andadd,uo"" Ut"",oo, is he,..byded~
<br />to be . part of tb.. real ...tate """"I'l'd by th.. !...n of lhi. MOrlgall<' .1ldaU of th.. forego!l!g bl>ingre.rerredtobe...iD-lIdl\e
<br />"Propo..rty"
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<br />Mortgagor furlbl'.!< ,,),..t'nanls and agrees, WlUt Mortll"Il'.... lIS follows;
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<br />L Pay_L Tu pay the illd..tlW\~ and Ib...I.""1 Ih.."",o .. provi~intbls Mortgage and tbe NoW,
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<br />2. Title. Mortgaco. ,. Utt' OW''''T or Ihe \'rope,,), ho> Ib.'flgbl itild aUlho"'l} 10 mOrtgage ~heProperty,'and-"
<br />wamwlS t~t the li<'n c......1f1l bl'reby IS a flB! and pno< J,en .m Ib.. \'roperty, e"c..p~ .. IWl.V otherwi... be sot forthbel!liJl.
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<br />o the Pr~rt)' - IS )ubjfi't tu a Mort.g~ where-ii' _
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<br />is the Mon...,." l'Y'Cordod al!look __ , Pall" uf Uw Mortgllllo R"",.rds of _" "_______..,~---'-C(lunty,
<br />Neb....., which ~ is . 1"-0 prior '0 Ih.. h..n "'"alt'd h..."b) "
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<br />o Oth<rr prior tit',.. or "Ill:umbrtln~~,.,
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<br />IL Tau<. ~Ill. To pay wbe" du.. all lU..., 'pl'Cial .......m.."ts and all olber cb...... .gaiu$~ the Property
<br />mt1, ttp<m. ..-titlen demand by Mo~. 10 add 10 tht' paymenlli""lui,w unMr the Not<>secu",d herel!y, such amount..
<br />IlIaY bvsufflciont ~o "lllIbIe tb" Monpget' to pay .uch la"e., _nts or other char.". as Utey become du",
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<br />4. 1_ To k....p Ihe !mprow"",nls now or he'...!~r loc.ted on Ih. ",al...tate describl>d b_in Insu...d
<br />~ dama&t' by !ire and sucll <llher bazonls .. Mo~atl<... may ...qui.., in am..unt. and wllb compau".. .""..plllble l<>.lb.
<br />~. au<l. with I~ ~y<ll>l. l<> Ute ~rtgajIe.. I.. C_ Qf 1_ under.uclt pulle!.. lhe Mortgagee i$.uthoriucl Jo
<br />1l/Uu5t,.. colle<>I. 8l1<l~, ioilS diocretion, all claims thert'Ulld.r .~ its sole option. authorized to eilherapply Ute
<br />~.IO ttw rllStoJlltiOfl. or the Property or. upon tbe indebt<>dn... .ecun'rl bereby. bUlpallmeni.s hereunder shall. con-
<br />~ Ull\iJlbe .u~ secu:red ~by "'" Paid in full.
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<br />5, (J ~ FOl.Tuell antll~_ Nolwlthatanditljl anything rontained in pallil'\lp!ls ;} and 4 heROt to th.
<br />eoDtnry..~ m.ll pay to L1... Morlflllll!e at lII.. tlma of payine thenlonthly ill$l>:1jlOOnls "rprincipal md inteNt.
<br />-.t....lfth: 'Ot thit. YeAllY tax.., _nts. hllurd i_ p..mi\ltll$, andll"..md.re.nl$ (1\ llllYI whlchlllllY attain a
<br />~YOU' _ "~, all." _Illy ...t1ll11lted from Urn. 10 ume by Ihe Mortgage,.. l'ltt> amounts "" P\l(<! shall be
<br />~t., lhe~..~t lnl!!NtJllllhpplied to the !"yment or Ih. lie"'" in mpll<'llo whi.b such amounts wa'"
<br />~W4.f'ho.l!U- Hid to ..MoI1..... hel\>\tllder .19p!C'Ill"d.... .dditionlll "'Cutil)' for lhaindebledn.... ...uted by this
<br />~'*'lIfXllIltII1~ 10 ~ ttw amounl of any de!icjeMY belw....n.th" act>.W _"", ~nta, ill$U.....c.
<br />~!M ...>i,ptll!I!4 _la-ft1l<l.t1t. cIttio<IIl$benWlderwiUtin 16 cay. .rterdettWld i. made Upull Mortpjlor ""I_ling
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<br />.. ~,~1lIIII U.,.. .To pr<>mptlyrepaif, ....ton> w ..~ld any builwutll> ,,, imprnvem.nu. OQW or
<br />~"",.thit~y;.IO~.tlIe,~YIIl &OQd..'lllrlitlon....'" "'Pait, with""l 101\1\1.,. and (_from l\1e<:hnk'.n.
<br />~llfl~~ 'lI~ '''''~ted 10 the !wnll""",of./I<>Uo ~..u!fer or perutlt...y ,lluiwJ"'I Iu .xlSt., no! I" dimm-
<br />~ .<tr..~.~ <;>t..Ute ~rl~ .l>Y "nl' ..~I"r O1IlilmOn to lU;1; .0010. .""""ply willi alll\"I\'irv_..~, or law wiUt
<br />~.i>. tlW,l'r~rt!y, .
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