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<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 />