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<br />004500
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<br />REAL ESTATE MORTGAGE
<br />(Open,fnd, To S~cvre Present ond Future Obligotions ond Advonces)
<br />KNO'~V .ALL ~4!:~: 9Y TPESE PRESHtTS: ThaI James Ostermeier and Lyhell Ostermeier, husband and, wi-f~Ajndi...ic-ua!S-~
<br />joint!y and sev~rer!y. residi~g in Hall Counly, Nebraska : an~ H 3 corpora_t_IO" or,other bu~i~ess en:i!Y;_,_~I:~:i:r$'-'
<br />princrpJr piJce of business in HR] 1 Counly, --N.e.b~ska . {Mrelnafleru!erred I~ as '''MortQagor,;:l 'in_'{:on_SI~el'~'-
<br />lion of all Mortg,~g(lr's indebtedness. Jj,lbilities. and ObJigalions to -Dmaha N~t i on.=ll Rank Grarid:-_'Island
<br />of ~ County. Slale 01 NPh,rR ~krl ('..MOfI93Qce"l. now e'(isling or hereafler'inr.urred, aM Olhcr,va~Uatlle, C(lns!~e~ti_On~I~'_~?~,~-':paJ~.: /.
<br />aoes herebt 5~1! 2nd convey unto MongJgee Ihe lo!lowtr\g c'escfibed premIses !:1!lIated in _ Hrl-l1 CO\Jnl_y aM Slale:ol rilehrcfS'k~;_
<br />To-wil
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<br />SEE ATTACHED EXHIBIT A
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<br />together wi!h dll ollhe righl. Ii!le. and inlerest oll:'p. Mortgagor in said properly no..,.( owned or /'lerealli!f JtOl:lre'.! and ,111 bUlldingS_-irJ.1p~~ei'ne,nt.s, and_lix.luies~~f
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<br />now or here.llter ot~ced cn said reJ! oreoeny and <Ill easpmer.Ts, rlghlS. aopUrle:'J,1rlCes. rr.nl:;. ro~a!hl'~ od (jnd gas iights and prclIts: wa~er .--wafet fi9tlts;:,and::wa_te(_.SI~k.-,
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<br />and aU fl'!:!:~S. f'1DV" or he'f'aHer al!ached 10 Ihe Icre9(Wly descnbed properly, a!1 01 w~lIch mcludlOp rf'r1,1':Ffl\enIS.311O addlt10ns !tLelata: ShJILtn:ee~ed--lo-~:-at1d'-(e~e."
<br />part 01 me pro~en'f (OvEled by l~l$ MorlgJge ..'In 01 rhe loregoing nroperly sllatt :Je cotter.hvely ne/{:IOJ;IIE:1 p.:!e're::l 10 as the Prl'mises
<br />T~ls morfgage IS gt'l~n 10 securc a cerlain promlssoly nO!C;d.ned --.J.uljL.~l'1""_~9B!L__~. _. ____ in Ihe prmCip,1! !l.~:n~ol' '$4~,:....p.{iQt?-9~::;':-_';-' ~
<br />4UO-,.o.oO__OO-~:::=-'=:"'~_-:-_~~-=~===-=='~==--:-_":'.=':""=.~=-::,.=--=-~_-:-_,:",-=-.~I.!rrs {~90-: OCL!rb"Onflnlerf'stlnete~1l a~_cor~mWIOlh~~!er",_s _0.1-
<br />sa1l1 nolf' and ar.,. ana ,1:i exlenSIl:ms. tenewals, modlll!:J:I:)ns. or sutlslHuhons !Ilereul aM, cach and r\'er\' ilcOI. ha:'I!lty and obhgalioll-O!:,verx'ype _a{I<:_ de~,Cf~Pt,i_On,wtl-u;t)~-W_~,
<br />MO.lga~)Ol m~y no.... or al any tune herea!ler owe 10 Thl! f..'ortg:tgee, whelher suCh dttJT. hablllly or Obllljill;on ;.;,1....- eXls!s or'is- or_ may be-aj'CCI"or IM/tee_l; due-~r.to
<br /> rJetp~~
<br />Que, aOS.'}!uTr or C0nhngcr.t tlrHnrtr'f or secollcary, IIQu'claled or unhQwdaled. or 10101:. several. or ;oir.1 and se'.'fJrill. <!II such delH5. haM/lies and Obli~piions_JlIJ"all~;'h;,~''''"''
<br />heretnalle: re!,!rr~110 as "Oohg.1lhns __ _ .
<br />The tQ!;it prlncical amount. c:(clusive 01 inlerest. 01 the Obligations including any IU!llre debts. advances, Habihllesor Obligahons. n~~_inCI~din~--ho~eve'r.'a~~Y'~~/n~;~,d-:,:
<br />\'ancej IOj 1he prOIe-cl'on ollhe Prcrmses or lhe t.~OITgagee's mlcrrsl fherem. shalt nCt cxc:ecd the S\l:ll fll --~hr.e.e..-Bund~ed~..!Cbnn~;::,,,,,n.._::,~,~,~~-,' ':
<br />-==.-=-===--------------------:--- Ool!ars ($..-3-00-,-0.00...-00_ ruovlded. ~''''ev(l:r. Ihal nglhing containe'd h~rein~shali__constltute
<br />a comnulmenll'J make adlllhona! or future IOJns 01 adv;:lf'tc~s 10 any .1mounl
<br />The "~:)rtgagor hereby v..;manls 1l1al it is lee owncl 01 the n'llllga-ged re;:; properly. th<, i_ .:~ll de!Et1d ItlC I!lte against all clalmanls-whomsoe~'er. anil-il relinQ-uishes'all
<br />rlghlS Of Mm~sleaC 10 saId Premises ;'lnd covenahls aM agrees witn The ""~'JrTlja9ce as !OIlows.
<br />I 10 PJy when due allla:(es_ liens, ]ud9menls or aSSeS5mtln(~, which m;!y he t.wduUy J[.ses:,>cr1 ,vj.1in~! ~:,e Premises 11M lhe reolal charges upon ar.y leases asslgne~
<br />as adcltlonal secuNy tor rhlS Mortgage
<br />2 10 H\SUre and keep insu:ed (he PremIses and olher 1l11~Hnveme"ls now on or whIch !>lay herr-aller l:l~ pl~ced on 5illd PremIses 10 tr.e sallslac!iQn- ~t the MOftgaqee
<br />My DOlley ~vld~ncmg such msuranre shalt be endorscd wllh a mmIQ,'gcc loss p;J.YJbIC cl;l\,:;e. J;'lprO\t10 fly ilnl"! Illlavor OII~'orlga9c~, ,1~d dE';1(\-!=llcd with Ihe_Mo(_:~a9f'e
<br /> ~na
<br />wllh ~ny Icrj5Ihr~!!tln\:er 10 be pay?t!I~ to t,~ortgi!gee At lhl~ (I~h(ln of IrJe MO:19il':.it'e, sU'ns so received by ~.\Orlg"gee or f,lortgil9or n:av- i::!! llsed hi P,li !or If'con!llrw::iti\n-of
<br />Ihe ors!royed Ptrllu!!!$ or. I: nQ! SO ,tDot'cl.l. m,lY, .H the OpllO~ ollhe ~,~Or!g,19('C. N; ,1pphed in p.lymcnl 01 an", Ob!i9Jhons. UlJI\lleCl Of unmdtur('\.1_ seCured b't thiS Mort;a~e
<br />".,.--::.~~__;;~~;d~;g~.;.eP.\i~'-jnd I? refrain trom the COnlnltS5ion Of al1y act, o! !m!~')\:;!. oemoliltGn. or ImpairmCfii Cllhi Premises, fiet It! curor
<br />remove. ul or femo~'e(h any.w96cl or"tlfl1t>d !jOm SJH1 real prop.~ny. ;:;Jcl n(lllo commIt or jlllrmll JII'j waSle or impaltmenl nllhe value 01 the s~c\Jnrl~-IO cnntm,
<br />uously ._'~eIJ\(idS of'tarl1ling 0'1 said Premises. 10 [UP-venl erOSIOn and Ihe spread 01 no,(ious and damaging weeds. ~nd 10 preserve tI1e ferhli:y 01 tM SIJ;i
<br />4 Thai aU mon~';: il'lrl J....a,cs nJy~ole: JS d."!n1al:;:CS or CCmpCll5i1liOn for Ihe l.1kmg [;1 lilIe 10 or piJSSCS~lon 01, or tor damage 10 any GonIOn ollhe PremIses by rea:;Of'J_ol
<br />any condeml\?ll{tn. emin~nl domam. change 01 grtlde. G~ olner prOc:t'edUlg shall. a! Ihe option ollhe Mortga!}ee. be pall:! 10 Ihe Mortgagee, and_such moneys ana awards are
<br />herf>o'1' aS~lgne,j II) Mc.:lga-r:ce, and !udglt1e:\II/lerel~r shall he enlerec 1ft la~'or ot 1.'-Jrlg3']ce. and when ;laltl shall b(' used, al its opllC'n. loward Ihe payment of the
<br /> Obh~ah('ns
<br />securec t'e:eby Hl such cft:!er or rr-.lrmcr as r,iCrlQilgr.e m,ly tie-sire or t:'}Te,mlO~. O! sh"lllle Ilsed Jilts OphlJn. lor r,1ymenl o! ta~es_ clS5l?s5I11eflts. re;Jalf5 or ether
<br /> .t!'in~ ftV It'e
<br />paymer:l 01 v.-:-,!(~ 11115 MOll(Hge IS ')1\'{;0 .1'; ~eCI;nty, 't,'hettler lr:e SJme be Ihen clllt' or !lOI. ana 10 SUOI order or ma.nner as Morlgagee may de:lerilline. an1.::oy amounlo:J;1
<br /> sa
<br />usee Shalt oe released t'y Ille MOTlgagef.lIO ll1e Mortgagor Such app.!iC.11ron or release shall not cure or w;uve any ne!ailll or fOle_Closure p_rocct:dings ,I_n the _e\'ent't'\Of1ga~e~
<br />c:eems II n('cess?,:.,- fG ('{lc:ea' or anS\'H!f In rQnd~n\-f1;Hmn 2!;1!~H'l.. he;;nng:r P;OCCCihilg. Mliflg,lgor sh;ili pay aU ie~JI e.x.penses lil connethcn the,e~i1h. m:1admg bul
<br /> n01 hm_'_
<br />ilea 10 auotflcys' Ices ano (our; {:{l5IS_ and uf~I:1 so paid. sv:-h e~penses. wilt! intereST aT the (.lIe 01 ~_._ pelcen!. ShJII be added 10 lhe Ot!hgJllOns- secure::l hCf~t).y In
<br />su::t} milnner or order as Mortgagee may oege or cetermine h,wloClll1e bem:hl olllie hen clealed he!ebV as i! pari hereol and Of 'ls-puoruy
<br />:. Tr..at H'l !~e e'__enl l,lo!1gagol j,~llS 10 Iny when ikf' any l;Jxcs. rental r.harges. upon any leases a~SI91l{,(' as addlhonal security lor thIS Mortgage, hens, judgments, Of
<br />asseSSme'lIS lawfult~. .aSSl'-'ss('d again!! !h~ Pll;fOlSCS. or IJI:" IQ malOl.!1O IrlSur,'\OCC <IS. hcretnOc~o!C r.ro\'~ded, l.lor!9J')!:e may make such payment or OfOVI'Je sucn insu~ance.
<br />am:! the arr:our,:JS! [)J'd l~ere!Of shail teC01l1C a pafl o! l~it' OlJt19J~IOns. secu:cd hereby. oue and paYJtr!e immedlatel,'. Jna shalt tlear inlerest a! the rille of ~ perctN
<br />per a'lnum tf!;m ,jf1il >!:T the lime l\o]e Morlgagee mJkes Su';ll paYlllcn1. *Rate to float at Base Rate of Omaha National Bank
<br />Gr'\flqnJili-btl;\ftn,'?i:&j~;~g;MMoos ~~!~rfll~nt of In'l olthe Oll!lgJIIOllS Of 01 any interest lheleon. allhe lime when the S-lme shaH be due, Of WIth fespeclto~nv
<br />(Chleoant or tOrn:!lll\Jf1 he/tv!, Ihen. allhe or-lIon.,1 MoJ1lilJgee. ln~ cn!ifc OtJh9JIIOns secured Ijere_by Shllll forlhwllh become Oue aM pa'lJb1e_ and Ihe MOrlgagee may 1m.
<br />medntetv 'otecl(l~! 1"\'5 ~.'olI9ayc 01 pursue aoy other il\',tllahle lega! rcmedy tn 111(' client ell Jny acllOO by Morloagee 10 enlofCC colleClion 01 any Gl the OlJhgahons se:;:.l!eeJ
<br />hereby. lI'e MOITqago( agrees It'dl any ~.pense IOCllldln9 ....Ithout !Irrlllalion altorn{'ys' lees and costs incurred III conncch?n IhNewllh Qr IflCUIICd 10 procure Cf el.lc:td ao
<br />abSlr.ltl ul Tille S~lalt. when illcu:rea or PM:! hi MlJrlg,lgee. t)c(,.(unc 11 P,lll ollhe OtlllgJIlOIlS secured nerelly and shall be paid by t,tOflr;.lgO( logelher Wlttl all ollt\e
<br /> 1c'!:r..10Ie
<br />costs 01 SuCh a(ll~ll
<br />; If\al mlhe e..ent any athon IS brouyhllo IOff.'(liJSe IhlS MCIIl},I!Je lor all or any pan ollha ObUgalions secured hereby. the MOllgJ~ee shall be enhlled 10 immflthal~
<br />0\)5Sb:>.(th (:1 ihe IT'')':Y'~9;:d ~:elnISes,. aM ih~ (;OIHi or a !uoge inerCOllr, ....l~,Hton. Imy appoHH ann Ille r.;ort9"90( 11e1ctJy carlSenls 10 l~~ cHlPO\nlmelll 01 ,1 re-cel~er
<br /> Iv ta!"e
<br />M.%ess'cn ['1 S3'C PfcmIV~~ Ie C'j}iir;f! .a'l:l feee!','e rents and pl!)l.rs i1HSlng ltletNlc'n. aM hom any moneys so CQH~'rlf:d. 10 Day la:r:es. fHOvlOe Insurance. make neeclel.lle
<br />rl'fS 10 tIllCfc.t:.:"'l"enls 1.1pon the i':rlnlses. Jfl\1 rllakr ~flY GIller C:r:l'clldltures iHlTt:orllCd by HI~ (uurl. ,~:l:1 olWly Jny sl.m ll:mdLnu~g <llltf l:-'e payment o! suCtl.lulhGfl;-CO
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<br />penc1lurfs llDon !i',e Ob11ljJlt{,f1S
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<br />.3 i hat ljubl<;! or ae:av Of t.~ort9agt'e 10 l!)f'CISC .my Or lis IlghlS Of Jlfi'.I:PgCS 0: to IllSISI ur,on SUicT po:!rlormance 01 any covenants Of ;l;gleemenlS 01 Mongagcr cOl'1lalO'
<br />eo m l:"~IS ',~On~;Jye St1~!; nen~l be C}n-;.!,ued J!"o a wdlllcr of any teQ\lirel11COl or OUllg.uiOll ot MOtlgilgor 01 rrghl or remedy 01 Mong,HJee COnIJI."lel1 m or OJsed upon an,
<br /> of lhe
<br />It:'~m>, rll'Y.1S'Cns a9r~em(;1ts. N co'.enalll:'> 01 Iii'S MCllC;,lgC 01 iln)' ltttu;e l1eLHil1s
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<br />9 p.,,! If! c.)s~ c1 o~la~i! !'1 lhe pJymf'nl r-l an', 0' Ill"! ObJigtlhOOS QI in C.l~e of p,wmenl by MOI1lj.1gee at any hen. ivogmcnt. t;\:(. U\sIFance. cos!. Of e,(oe:nse. ~a'd
<br />Monga~ee :S!1.lU ha'ie ~h~ P'!'.-11~9~ ....1!"':l....l: ~.~c(~rtr:g lhi: ....hol1; i"aet;ieuness <.Jue ,J1>t! pa,'a!;je, 10 lujec!ose on accQUIl: 01 such :s~etlll( ae1JIJH lor SUCh Obhgil\l!:lO$
<br /> as <lie m
<br />Oe~a'.t: a!'lQ slJch fOteclr:!.ure j]fO(€edlfl']S mJ}' be h~d Jf!d Itc land ~eswbe" herem mJy De s.old. slIbjecllo Itle unpaid Otlligaliofls heHlo}' seCurf'(1 aM lhls M::;rtpge Sft.l!l
<br />cc-nH'lue as a lien 11f a,,)' ufloaH1 balance 01 lhe Ob:I';j.l!Ii:i'lS
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<br />10 MOllgagol aS5rgns aM dei!vers 10 !he MOf19a{j~~-c J!i righl. l1re. Inluest o:-.d l1eman\i Hl ;Ji\li 10 tenls ana prolrts 01 the PremlSl"ls a'1u o.;:es asslgn!o ~~0(q-ilgee aU
<br />!us~-s c! !l;C tre:~:>es now or htlea1ler ~l1e. wnuen 0' ora!. In'! Coes empcwel MotlgJgec 10 collct 1nd rt:CClpl lor aU terl!\ Morlg.lg01 threds alllef\anls lv va., fent (h..e c'
<br />to bfCOr.le Cue 111 Ml'nQ.lg'J-! lhe leur: Cllll~'s dS~J9nr:1'2"lI5 unld !~~ Otlhlj;;twns a'e ~'.:Hi' P,1!C '"";:, '::::':;;gr::l~i:ni S~Ji111~'l bc,,;oHle OpelJtl'oe unless 0-:::1l.11
<br /> ::; m"d! ir. '~e
<br />cc....enann :e("l~. 3m;! ccnfhtions 01 ar:y 01 !lIe O[)I:vJ~IC'ns or lhls MOflgage
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<br />1, ;! M) o.an Cl !h!; Ptem!~CS "It IrJ~~leIllHj af ::old ,'.-,lhoJI 11'01;1 plior 'Imt!en CO"~-'Hl 01 I'll! M("IOit~!'C. Ihe or:lhJ,111vn~ lI1,l)' at lhe opl,o:. cl I~t M('llg.lgee ~e
<br /> Ct>;::J;;e.j
<br />l!'l\mt<It.t:el)' du~ and p<"yatlie JiI1(lltll!. M')llQ,-.;e n"l~ be- !cH;clo~e4 as $('llolll\ In rWJ~:.lph~ fl arh1 7 olllns MOI:g,lHe
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<br />! i ThaI the rl~miS.es ,ale flee 3n~ cl~'<lt 01 all h!:lIlS ,1M i'1l(lJl1ltH ,1~Ct:S I'ftlJt~OC~\!I, e~(,el.l!
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<br />those of record
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<br />1) 1rllhe evenl MQr!~,J9:0{ \h;Jl! '>'\'111'10\11 lf1e pnD! ""'tnen co,l~enl ';>1
<br />(vmt"":'ffi 1/1 ~nf iHh!~'\ B'-!!l1 MQrJ9J9~t !"J't' ,II
<br />(J0!.tJ J$ Hl i:'lh jf; pJ"~~!;Hlh~ fl Jr.'J -' !)! ;:H~
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<br />:~/ r~11',~I"'<)r flit'" nb!'t !he rlt'i1~I~n ::>r :ii:"fl"l Ihe r,t:"-'''l'~ 1';\ t" t~l
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<br />\-<t Irql '1 1'~'f;~! ',t1(o:JI,-, t
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