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<br />84-
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<br />004470
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<br />MORTGAGE
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<br />This Mortgage isenteredintobetween Wil ~i s R. Wash and Susan Ann .wash, Iiusbant:! a!id3;kicf~c
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<br />As Joint Tenants with right of survivorship & commbn(henijli'''.Motj;gag<lJ'J~~d;;''
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<br />Five Points Batik
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<br />Mortgagor is indebted to Mortgagee in the principal sum ofa; ,evidenCed,bYMOrtlf'!llO~~~<i~\t"{7: . ,.,
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<br />:::te:::::;n:t7s:o~:'::id' ~:::::'~:;::;~ ::OV~g ::::a:~e~~ ,Of ~:;~iP~ and interest, with th~b818nc;~dh~ '~"y.:
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<br />T":~c~,J;h!l!p3Yflll!nt<>Hhe'No!,\, with interest as provided ther<iin, the paymentofallother.~; '\Yitil"j~~;;s~~<,:C:";''''';
<br />advanced by ~rtgagec to,1li~\';!!!!'lsecUrity of this Mortgage, and the performance of the cQvenant;S3I!d;~gJ;i.e~jI!I~:~tff;s;Ji:;;~;1;'
<br />the Mortgago~1c<l<lillJe~~ager does bereby' mortgage and conveytoMortgag~. ~he, foUoW1l1g'd~lICd:'i;;:.;'\i;';2;!
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<br />property located in
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<br />County, Nebraska:
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<br />EDt Seven (7) in Block "0" in Park view
<br />Grand Island. Hall County. Nebraska
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<br />Together with all buildings. improvl"ments. fixtures~ streets. allp).'s, passage-ways, easements. 'rightS. privlle~~, ~a~:
<br />appurtenances located thereon or in anywise pertaining thereto, and the. rents. issues and profits;reversions ari~,re~aind_~-::
<br />thereor; including, but not Iimitl>d t.o, beating and cooling equipment and such personal property that is attacltedcto,th~._
<br />improvements so as to constitute a fixture: all of which. including replacements and additions- thereto-.-is he~by>decla~ed
<br />to be a part Qf the real es~te secured by tbe lien or t.his Mortgage and all or the foregoiog being referred to herein.aS,!ite'
<br />"Property".
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<br />Mortgagor further conv4?nanls and agn-es, wilh MortgageE>, as follows:
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<br />1. Payment. To pay the indebt~dncss and the intt'rt:'sl thpn>on as. provided in this Mortgage and the Note..
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<br />2. Title_ Mortgagor is the owner or t.he Property, has the right and authority to mortgage the Property, and
<br />warrants that. tbe Hen creat.ed IWft'by is a first and prior lien on lht~ ProperlY, pxcept as_ may otherwise he- set iorth, helein.
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<br />o The PrQpt'rty is subjec:~ to a Mortgage whrn'ill -
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<br />is tht" M.ortgaget'. record~d at Book ___,,___~____ __, Page of ih\" Mort~ll~t. Rt'c()rd., of ____,,~__,____COuntyi
<br />Nebraska, WhlCh Mortg3gt' is a lien prior to Uw Ii~n cn;'att'd ht'rl'hy.
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<br />[J Ot.he-r prior li€''Os or rt1cumhrant.'l..'s:
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<br />3. Taxes., Assessments. To pay wht'n duE' all ta..Xl:'s. s.pecial assessououts and all othN charges againsllht" Property
<br />and. upon written demand by Mortgagl'-e, to add to the payments rt'quirt"d undl'T tht' Note St'Cured hl'reby~ such amount as
<br />may be sufficient to enable thl" Mortgagee to pay such taxes, a.~l'ssments or other (~harge.s as they become_ duE'.
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<br />4. Insurance. To ket'p the improlf'l'ments now or hen'after located on the real estate described herein insured
<br />against damage by fire and such otht'r hazards as Mort.gagel' may ft'quire. in nmount."i and with companit's ilcCf.'ptable to the
<br />Mortgagee. and' wilJ::lloss payable to the Mortgagee. In cast' of toss UHdN suth policit~s lht' Mortgagee is authorized to
<br />adjust, t."OHect . and ('om-promise, in its discretion. all daims tht..ft\under at its sole option. 311thori7.t-'d to E~ith{'r apply lht,
<br />p~ to the restoration of the Propeny or upon t.he indcbtt'dm'S$ ~('l:ured ht.n'by. hut. paynlt.~nts ht'reunder shall con.
<br />tinu~ until the- sums secured hereby are paid in full.
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<br />5. fl Escrow For Tax{>S and Insura,nce. Notwith.standing anything containt'd in paragraphs 3 and 4 h('rtl-of to the
<br />contrary, Mortgagor shall pay to the Mortgagee at. the time of paying the monthly installments of principal and interest,
<br />one-twelfth of the yearly taxes, assessments. hazard insurance pt,'miums, and ground r.nts lif any) which may attain &
<br />priority over this Mort.gage. aU as reasOl\iiuly l:'Stimated from tim~ to timl" by tht' Mortgagpe. Th\' amounts. so paid shall be
<br />held by the Mortgagee without interest and applied to the payment uf thl~ itk'll1s ill f('SPN:t to which such amounts were
<br />de'.pos1wd. The sums paid to Mortgagl!P hell'undcf -ill\' pledged as additional 5~cuflly ror tht' il\dt~btt'dnt's..~ secured by this
<br />Mort.pge, Mortpgorshall pay to MortgageE> the amount or an)' deficiency bl'tW{~l'n tht\ ftNUal taXt'$, aSSt'1iSml.~nts, ins.urantt'
<br />premiuais and ground "'~nt.s and th(' deposits hett'undfr within 10 day~ after dt>mand IS mad,' upon Mortga.gor ft.'questing
<br />p&)'menllhereuf.
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<br />6. R.pair. Maintenance and Use. To pwmptly n'paif. r"~ton' 01 lpbuild any tHuhhng::. \If i1npro\'\.'hh'ub IHi" HI'
<br />h~reafler on t.h~' -Pruperty; to k,,'rp thl' r-rVpt:fty in g(){)d conditIOn and r('pair. wlthuut wii~rv, 311d fn't' fl'Om n\t'dlalll(<~ ur
<br />Otht'f lit~1U nQ-t ('l\plY-"ly ~ubufdimu4'd to thj; lien lwwoL ntl~ to itl-ukf<. -"uf!\;'r ot pt:'nmt ;Hl} nUli.;Unl"\' t~) ~"l:-'l, IH,ll' !l~ dlluin
<br />00 Of unpaif Ule v..uUl' ur tD-t> f"roPNt)' by any uct Of O-m~~lOfl l,t) ;i;::L and to ('011lpl). With aU n:q\ull'nh'nL-; oj law WlltJ
<br />rt~~lX'd hJ ~h,,~ I~~')pt~~ty.
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