<br />I"
<br />
<br />84.-.; 00500:J
<br />MORTGAGE
<br />
<br />This Mortgage is entered into betw""n _~ames 0.'-_ Jackson and SallY R. Jackson,
<br />
<br />r
<br />,
<br />
<br />__ful.~.ami.JilllJ..Jiii_e.______,_,___,__________
<br />
<br />,___ (herein "Mor'.gagor") and
<br />
<br />____flVf. POTl'i::r~L.lUi.."..'iL______~________~_______,__________(helein "Mortgagee"],
<br />
<br />Mortgagor is indebt..d to Mortgagee in th. principal sum of $ 40.000.00
<br />
<br />, evidencedhy Mortgagor'snote
<br />
<br />dated B I i1 /R4 (herein "Note") providing for payments of principal and interest, with the ballll1Ce-ofthe
<br />
<br />indebtedness, if not sooner paid, due and payable 00_:2 127/85 ' __,
<br />
<br />Toseetinl'thepayment of-the Note, ...ith interest as provided therein, the payment of all othersums,with intelftt,
<br />adva,.d by M6rtli8l\!e.fto -protect the .ecllrity of this Mortgage, and the performance ohhe cov:enantsand agreementli of
<br />wi\? ~~" i;&rttalr.~ -i1&?Jin~:--M{jrtGoiGr dws-: h.~1'e-by m-artg-~ and w...~e-y to- Mnrt~- the -fullGwms,dGtc~-'
<br />
<br />property located in -------liall______ County. Nebraska;
<br />
<br />~';estE:rJ.y Forty '1,,",,0 (.j2) Fel'?t of Lot Three
<br />and t.he ~asterl:{ One Half (E1) of Lot Five
<br />
<br />) illld ;,11 of Lot. Four (4)
<br />5) ,;ll in Block Seven (7)
<br />
<br />in ~-1acCol1 and Leflanq's Addition to t_he V:t lage of Wood River, Hall
<br />
<br />
<br />County, N~braska
<br />
<br />T"llt'th..r w,th all hutldlllj/'i, ,mprownwnts, fix lUres, ;I......L', aU..ys, PllS5lIgeway.. easenwnlS, riJlhts, priviletle&-...d
<br />appurttonanCf!S h)Catt"d t.ht'rt"on or In anyw,~ pt"rtaming thm'l"to, and dH' renb. ls.."'U~.s and pl't)fi-ts., rev8rsion& and ~
<br />lherrof; including, but 0<>1 Iimll"d to. h..ating "lid cooling .qu'pm.nt and such personal property that is attachetlto tlu>
<br />im.pro~~nt:;. M;} as ~Q {'o.......sututc a flxtUTi'~ aU of whleh, indudmg rpp1aO!ment.'\ a.nd additions the~to~ is'hereby dedarecl
<br />to be . PlItt or the r<'01 .."Ulk ",,"unod hy Ihe li..n 01' thi. Mortllllll" and all or the lO"'loing ooi.!lg t1!f..mod to herein_ &be
<br />"l"rop"rty" _
<br />
<br />Monpgor furtht'f t.-"tlnVt!Jumts and agwtOS, wllh Mortgagt'l', as- foih,)ws:
<br />1. PaYln"Dt, To pay the indebkdn""i .nd the mt.""t ther..on .;., pro'i""d io thi. Mong. and the Note,
<br />
<br />2, TiUe-. Mort.ga::or i~ tnt'" Qwrwf ~jf thi' l-~rGpt'rt_\", hit" thi' fight and ~uthotity to mortpge th.e Property, .....d
<br />wa.mnb;. thal lh.t' lwn {'re-awd h~rt"b-y b ji fInt and prinr ht'n on Uu> Propt'-fty. t'x<<pt lL'i may- oth~rwist!- -be set forth beteia.
<br />
<br />~J 11w Propeny IS. ~ubJ<<..t to a MOrll{agt' wtlt'tt'iu
<br />
<br />i. th.. Mortll'ill<"" ",corded at Book , Pal!<' olth., Mort~ag.' H..cords of __ ____________.___Cowlty,
<br />N",ruka. whir"b Mortca~ 11'0 a ht'n f)-nor lu lltt' twn l"rvatt"d hpft'h)
<br />
<br />LJ Other pOOl hf'DS Of ,,'nl'umbnuh'~!\'
<br />
<br /><L Taxes, "-tbi. To pay "h"l1 du" aU tax"" 'pt't'ial a"""ssmpnt:; and all oth..r chargt'll agatllO! the l"roperty
<br />llJld, upon writt..n dpmand by Mort~. to add to th. paym"I1t.' r..qu"..d un"". th.. Note ."'''Ired bt'reby, such amuunt lI$
<br />may 00 Sllme-t to ,,"<WI.. lh.. Mort...... 10 pay such ,"".... "."....mel1!J; ur oth... ch.a,1"" as Ih..y become dUe,
<br />
<br />L
<br />
<br />4. lll$O;."'ttftCe. To kft,p the impro~t"nw-nlS now or twn-aftt"T hx:al~ on tht' rNtl estate de$Cribecl here-in insured
<br />.m~~ d-am~. t\y f"tJ'tl and su{"h olh....r h3-!...rd~ as Mortg~~ ma~ h>-qutr+-'. on amount.'i and with compilnit~ ik"'1'f"p\.8ble tu tht>
<br />~. and WIth I..... payaw.- to Ih.. Mo'~' In n.... or 1<_ umler 'U<'il pol",.... u.. Mortll'i&"" IS aul.llOl'iud !.o
<br />ad~t, coil...:! anti compromISe. In .IS di.c..."ion, all dalm. thn"under .lit its sole option, aUlhori;wd to ..itherapply the
<br />proee-edi to tile "",!.oration of the Propl'rty' '" upon the tndebll>dn_ ""cu....d h.."'by, but paym..nts b..reullder sball con.
<br />~i,,\It' ..nUl tilt'....... ...cured be....by lire paid in full,
<br />
<br />5, 'J Eottow Fo. 'flOes and 1l1lo\lrance, NoI..ahslandlUc anything .'olllalm'd III pa.agrap/ls :land 4 h..we to th.
<br />l'OOlmy, MortptOt shall pay t,} the Mortg.,. at the lin.. or PlIylng th.. monloly "..Ia.Um"n!> of principalalld Intef\!llt,
<br />orw-t_fUt of tho >"atly tax.... .........""".ts. huard in",,,"ee preml1.lms, and gtound "'1115 HI any lwhich may attain.
<br />ptiority 0","' tbb M~. all a.s r........,".llly ..t1......I"d f.<om 'loll' to hm.. by th., Mortg&fI"" 'I'll. amounts.o paid wall be
<br />~-d- bl tb~ M-ot~ liitthf.tUt tnt~h:'"i\,-t -and applit'd lu th~ PA-)'n~nt of the il1:'m~ in r~~t to which .\.IeD iiiiounta were
<br />dIoJX1'lii\:l'd, 'fIuo .um. paid to MOrtf/IIl'<' h......ul1"". .re pl.dll"<l "" additional '.cunt~ ror Ih" ",debtedn_ ""cured by this
<br />~. ~wall pa)' to MOl~ ,h"lImount <>1 any defil'l..lIcy bel "'...." the adual tax!!., .............WIlU. ill1unmee
<br />pnt!IiUlm lIlUI ground ",,,ts and tm- lWpu;;it> il....und.r wllhm j{j day. after '''-'ma.nillS mad. U!'<>J'I Mort......' ""Iu..tiI1C
<br />pay_ot tlwft'Of.
<br />
<br />i~ ~., M__~'9 .nd Uat 1'."]. prompUy ftl'pa1f. W~b.)r.' Qf rl'tJ.uthi any b\uidin~~ or lUiprt)%('ftWuUi. now l;'t
<br />~~(\:pt QU the- ~rty, h.l kt;tp tn., t'tQpt'fi-Y H~ atuod ('onwu-on and rt~p.if, without WiDt~. ~nd fn-t' from nwt.'t'lani-{:-~ ur
<br />tl~tl~ ~ t'-~p~}' ~-ubord.inah'd h_) tht iH-'H h~t'l'-itf. Hvt to Ut4ll-t'. "!j.1,ltftl'-r Of P;:>UIHl an~' nUi:'iUl'"--'" tu f'~tsl1 nor to dl.am-!
<br />~ ~)f iRlp&it ~ 'fa.&:-U-t' of ~J'~~" r-fifJ-""fi~' by .iU\>, ~tt 1ft -I)n'l~o-ti to ai;'L and H:; -l"ompiy 1,\Hh lri;U n'qual'nH-.\ut~ nf ll,1w ",Ith
<br />~...d to U~f" l'ropt'Tt)
<br />
|