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<br />r <br /> <br />B4~"00449H <br /> <br />REAL ESTATE MORTGAGE <br />(Open-End, To Secure Present ond Future Obligations and, Advances) <br /> <br />KNOW ALL MEN BY THESE PRESENTS: ThaI A] he-rt-: O~t:prmp ; pr'_ ;:lnn'. -R()~p ()c:.t-'p-YmP; p;... <br />joinllY and'severally; residing in H~ 1 ,1 County, Nehrask;:} <br />principal 'place of'bUslnes's'in Har1 County. --1lebraska <br />tion ofall-Mortg-agor's indeb!~dnes_s; liabilities. and obligations to -Omah <br />_Of Hall County, Slate 01 NphY~-c::k.:1 {"Mortgagee"}, now eXIsting or <br />'dOes-herebY self and convey unto Mortgagee-the foUawing-described premises situated ill ~L-_ <br />fo~wit: <br /> <br />2. To Insure am: keep Insured the Premises ann ather Improvemp.rJfs nQ',\, on or which may twreallCi br. pl~ced on SJIc1 Premises 10 1M sallslaction nllhif Mortgagee.- <br />Any pohcy eVidenCing suer, Insurance shan be endorsed WIll'! a mong.1gee (OSS pa'fable (;ja"se, .30prOVi!o Mortgagee. ,1rd deposlled with the: MOrlgafiea.aila <br />With dOY 10:'$ tlleiellnt1er to be oayab!e 18 Mortgagee ,0..1 !7\e t':J!H;'O 0! tne SWDS so received or Mortgagor m.Jy t;e vsec.tD pay. tonef,OnSfH:iC-Vl1n,.of <br />the aeslroyed P~er!H5e::..,.O:.:.."j .not so appl'ed, 1'l!ay 0 at the o:Jtion ollne MllI1gagee ,Po malu,i.lo Q~ unma!vreo. secureo by !r.ls:t...'orlgage-,--'; <br /> <br /> <br />a! rp.m1\'::i~. cemolillcn: Qr lmpalfln~nl Of lhe Dremises: nuno cut or <br />imp:mmenl nf lhevalue ollhe'se-curliy;."ICi connn. <br />(jamagi;rg we~ds, Jnd 10 preserve the fertility' of lIUfsoll, <br /> <br /> <br />Southwest Quarter21-12~9 Hall County, Nebraska. <br /> <br />together wifh all of the right, litle, and inleresl ollhe Mortgagor in s-aid properly now owned or <br />now or herealter placed on said real property and all easemenls, ~19hiS, appurtenances.' rents, roya!!it's <br />and an f[)::lUres now or nerea!ter attached 10 Ihe foregoing describeO properly, at! cl which includll'19 <br />part of Ihe piOpefly covered b.y lhis Morlgage, All 01 The !oregoing property sh<ltl De COllectively l1ercIl1.3.Hf:l referred 10 <br /> <br />ThiS mortgage IS gl'/en to secure a certain promissory 110t!Y'd~led ~1Y-J,1,L. J 98~ _.. __. __ __~.__ <br />~170~..QQ9~_Q-===:-_=-:==-=-=:-:=:-::-=:-~=":--:__ <br />said note aM ,my and ail extenSIOns, renewalS. mOOlftcallons. or subS!lllJllOl1S :nereoJ <br />Mortgagor m.ay now or'at any lime nereaHer owe 10 th€ Mvrlgagee, whelher such debl. l!atJlhly or'oohgatlOf'l <br />Oue. absQlute or contmgenT, primary Of seconcarv. iiQwdaleo- or unIlQU:daleo. or joint. several. or :011":\ ana <br />heremafter referred 10 as "Obligations <br /> <br />The 10lal prmclpal amount, ex.cluslve 01 inlerest, 01 the Obligations mclucing any /u!are QeOIS, advances. !labilities or <br />vanced for the protection allne Premises Qr lhe Mortgagee.s H1ferestlherem. shall nOi e:o;ceeo the sum ot _. Three <br />----------------------------------- DoHa;s ($_J.Q~OO.OO _\ nrovided <br />a commllmem 10 make addilio-nai Of hJlure i02.flS or auvJ.l1ces ill any amount <br /> <br />The ~',crtgagor h€reby wuranls (hat it is lee owner of the f<iurlpageo fc;::;l properl,!, that 1\ ;..:>>ll( <br />ngnts 01 nomesieac m 53.10 Premises "no cO'lenams and ilgrees 'hili; lile r,A'1rt~lage<l as iuiiDv,_ <br /> <br />1 To oay when. cue alllaxes. liens. judgmenls or assessments wnlch may be lawtt;lI, assessed Ji;ainSl ,:-'e P!emlSe5 {lnd the <br />as adMlOnal secur,:y tor :hiS Mortgage <br /> <br />3. T-Q..ke:~p,alp'tl6ficjing#b'cctroiedc3nd: in good.>repaH ,HId lc refralfl trom !t'.e <br />remove, or perqt 10 be CUl~Or-femrri!(1;:any,wood or t!mt't'f ;rc,m SJ!Q r{'al properly <br />uausly DicclIC6.ap~9md:roelbeds'ot tarmtr~f()n said Preffi!ses. to prevent erOSion ano lt1e spread of nonCus <br /> <br />4, T~ai'ajl money a'lD J".:aHlS payable as Gamages 0r cDmpensa:lOrl for !tJe lJ.kJr1g vi \llle I,! or LlQSS-e;,$!(H1 of, or \}f p-orhon of the Premises oy 'reason 01 <br />any condemnalion, emmanl domain, change of graae, or alner proceedmg sh;i!l. <it the opl1Ol1 Q1 the Mongagee. be pclU 10 lhe anD_such money~ and aw.anis'-,;.Je <br />hereny assigned 10 MGrlgagee. and juogme:1-1lheref;}, shJil De emereQ i[l i,h'or or ,1no wllefl Piltd $f1ati tf' useu. 21 the paymenl ol ioe Obligations <br />securec hereby;n such mcter Qf maf1l1er as Mcrigagee {'jay ces!.e or Celermme, ell :01 laxes. J-SSp.S5fl~en!s, repairs or.other I!em~.ior lhe <br />oavmer.t 01 W:'"C'1lhlS MO:1gaqe \5 gIven JS secu'jly. whether t.\orlgagee may dt!I.Eii:1;ne, an~ ':Wi amount not SQ <br />used shaH be rtieaseCl DY Ine MCltgagee 10 me 'Mortgagor Such appl1cdllon or no! cure or W31\lt) 3ny Oelaull or !oreC1ost;re proceed.logs_ In-lne eYeol.MOtlgagee: <br />deems il necessc::1 to =i~pt'ar or answer Hl CDndemnJ!iO;l aC\lon, r.e.;rmg Sf P!~r.f;~.t1ln9, Mortgagor shan pay Ja fe9.:l~ t.(penses Hl conrectIQfllhe'<eWlln, If,ChJding butnotJim- <br />!ted 10 al/O!neys' lees ;me cou;1 costs. and tlf:l:l SlJ pJiO. S;.;':h e;r;penses. wllh .nlecest at percent. snail be a,1ded ((lIne Obhgaliol)s secured nereby.in <br />such manner or (}roer as ~,'onG<:9-e-e may aewe 0: Celer:111ne 1>.~VtnQ the bell!d.t ,~t \,)Y. :~F;!1 f'll;';!!.~Q J.~ .:: ~i!~1 t,~:fe(:! ?~~! :;! =1;: p;::~~:~,.. <br /> <br />s. That ifl 1l1f even!. Mong.agor talis to DJr wher. cue ;ii~es. :enlal i:narqe-;, uQvn <br />assessrnenTs !awjui!~' ~SSb5€,:j apHiS: f,1;J P(fmlses. ,:1f tyS <br /> <br />a~ <1tlCllllOC1ill secwl!Y far HllS -Mortgage, !lens, juJgn}enfs. or <br />M();~ga~,,~c rpjy n1:iH': SUZ:!l iJd,'f1l!,'r'1 O( provioe such l"sufar1ce, <br /> <br />300 Ihe amo~ntlsl P,l;C li'tele!Ol' shaH tiecclT1tl a pJft 01 !:"rt OD:l\]&1:0115 ~ecu:eo fltf\;Dy, 'lUC JI1'J ;J,liJi.)ii: I:: !l1CQIJlt!"','. ,wo Sll;:IAi t;-tdr !:m.'rc$l altne fille <br /> 01 _7:_._ percell! <br />per annum [rom i;lnd.1t H;tl !lme the :..10ngagee nulo,es SLl:n pd'yri\t!nl*Rate to float at Base -Rate of Omaha National Bank. Grand <br />Isl'1ftli!t1n~!eee~-e~nYJftga~~HfJ-~lts in the pavmen! of any c1 the ObhgatlOf\s or or Jny inteH;lslltlereon. al1he time when the S,'Hlle stlall be due. or with respect [0 any <br />co~efl<:lot Of ccnOlhon herev!. rhen. a!.the optlDn C'l MQ'l!JJ.gee, Ire entire Oo!:gJ!IJns seCUf!:lC hereOf .';f\illi 1000nwlih !iccome Gue ",1\1 pa/clbit ano the ~IO[tgJg(:e /llay <br /> 1m- <br />medlatel~ fOfKlose 1~;'S MOltgage Of pursue ClOy 01ntH .l\'J,lab:e leyJ] remedy in II",e (".em (,j ;illY actIOn tJ'I MonU<l{iee 10 enlOfC€ coill:!CIIQ(\ Of any ot the Ubligallons secured <br />hereoy, me Mortgagor agree:; lha! ar., e..pel1se mCfuCmg ....llhOUI iiflh\ilI10~1 tees 3Hu costs Hlcu!zuil In ('(H1ilt:!C!!On Inrie......!!!! or 1!~U1rreo to procure or eJ\lc{];j an <br />atlsHaCl alll\ie S~131L wIlen Ii\Cu:reo Of pJ;':) !\y MO>lg,1getl, t1ec..Clf,e J ~1.lil cIne secured herlllJY ",;(1 snalj tlll PJld b', ~,I',I~tqJ;lO(' lO-yelhef 'n'll!, JU ot tile lJx~Ole <br />COSIS 01 Sll~h ;~c:k)11 <br /> <br />7, Thalln the Iwenl any actIOn is bft-\Ught 10 IQreclose 11115 Morlgdge 10f nil 01 any Daft 01 <br />POSSfs;;;on ;~: :!lv :1;O;:';J,gc~ ;:':$-n',;'se~, Jf,;j :~ti :::0",':, :!;t1:'c:;j i!'", \.'J::;,,~;o;:, :~\,-l.y <br />poss-es:,lQn iil sale Plumse:; tl) collect and reCl;lI'.'e rants 1-.1011ts diISlr)~ rne:e!rc;;-t, JOC <br />piilfS to. the Pa~mlses, 3111.1 rna",e ;:ny 0t;1f;! eX~'i.:ad;1UrtlS ii,,:r10 <br />~nQllu:es u~\ln ihe <br /> <br /> <br />3. That :all<Jre 0; Q€~ay;)1 ..torlgagf:e 10 e.H~!':lse ~"j otlls <br />00 In ~:',iS Mong::ye Wii:; l\C~er hi.; con",:, !Jell.Js a .,,'dlv~r oj JOy <br />!e~ms, ;::nj';I'SJ;;flS. ag:;eemc,nts \::'. (Qiien<illts :)1 H\,s MCf\9t1',i(; OJ <br /> <br /> <br />(,J'.lif1,mt) U 29reemenl~, of Mar;gag01 contain' <br />(.;:;:1iJJ.~,!;{l In ar Dibeti 4p0:1 an) v~ \tH;! <br /> <br />9 ThaI In case N nela,,!l m tM pJ'i111en: l:f ani' ot the OOilgat:G'ls 0; If! C,l:;(:; ~:: pJJ'f1wnt bY' M\lI~\J(l,l(\e ;,;.\ In;.UI,'j,,;c:e <br />Mong4,;ee ~l'Iai! hJ\'e tile D'lV\ie~e wl;h{Ju~ oecla;mg In.; y,'no~e- mdeb:eaness ':uc j,r:,-;'f)Ji',IZ:lc, :0 10ftCi;;;':.!,: sjJl'(t!:c l~l!t.l\lr! t01 SJch <br />deta'.llt Jtl~ such tore;:;lJSlHC pmctedmgs rnJj' be h;ad anC the ~ar,c c:esc, itli-h.i he:re:n "\.1', be soiJ. S41liecl to nit' J";'Jid G;)iliJatwr,~, ile:t:o,' Sl'':;J{~a, Jna t:w:, <br /> :,t1aJ! <br />continue as a lien for iln)' lln;RiQ Calance 01 the Qij,\gatiof1s <br />10, Mottgagor aSSigns ana cel;~'e.'3. 101M Mongagtl(- ail <br />ie.lst~ of lnc rre.:nl$es nu'.." 01 nefeailef made. wnller; v: aia!, <br />to o.;-::;cme alAe to MO~!';'lge.~ Hie llHiTl cl HIlS aSSliJnr:;cn is uf,!il lh: <br />ccveNnts. terms, and c-;'):J.(illlcns 01 any Of Ille- Oblig~!iO;\S or ;hlS Mortg.tG~ <br /> <br /> <br /> <br />11, \1 any parI oj the- PfeH\rSeS ;lIe' 1rJn~l(me4 or SOld "'1\~\i.Jllhe f'W:iI W!ltlei1l(n~ '11 oi F\e <br />ImmeotaU:-ly aul:: ;Hl:d payable- ?ir.(j Has Morlg~ge mal' De- foreclos~d as :;l1t tonI, '11 f'i:-J\Ptot',~ (; <br /> <br /> <br />f)'.,/, <br /> <br />\'O;::J"h::~-~ 0,; Ct-;:~U,,:;2 <br /> <br />L <br /> <br />'2 Thatthe Pr~miSt!S 3re lree ana cleal 01 all Hens JI1i..1 ~n(I.lf1';D:iln,;:;eS, ....nJ.l~ot'\e:. t~,u~pi t.hQ_s.~. of r.GcQ.l"d <br /> <br />U 1hi\!l! <br />a'let:1tl',t. 'o')h-01:f <br /> <br /> <br /> <br />13. 1n tM e..ent MQflgcli)1O-l shalL wllMu! <br />c.umtt-'ed In 31:y' tas.hlon, lhtn M(.IfIQi!-gee 'I1J} , a: <br />-c,klse-ct as ~t\ b'lti ii,1:fG.grapf1':> l:i anti 7 o! ih<, <br /> <br />eNS Q2,,~O('-lF';4 <br />