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<br />MORTGAGE
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<br />84 --- 005271
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<br />,..--
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<br />This Mortgage is entered into bl'tween
<br />Husband and Wife
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<br />WilliAm FA Harris and ~a M. Ha~ris~
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<br />(herein "Mortgagor") and
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<br />FIVE POINTS BANK ._(herein "Mortgagee").
<br />Mortgagor is indebted to Mortgagel' in thl' principal sum of $ 20, nnn nn ,l'videnced by Mortgagor's note
<br />10/4/84
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<br />(herein "Note") providing for p,!yml'nts ofprincipai and interest, with the balarice otthe ,
<br />r
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<br />10/4/94
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<br />
<br />dated
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<br />indebtedness, jf not sooner paid, due and payable on
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<br />To secure the payment of the Note, with interest as proVided therein; the payment of all other sums, with:1Btetesi,
<br />advanced hy'~~e'to'protectthe seeurltyof this Mortgage, and the performance of the covenanti;and~nisof'
<br />the Mortgagor t't;,l1W li~jJj,: Mp~~or does hereby mortgage and convey to Mortg8jleethe .following:'dilse1illlld
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<br />property located in Hall County, Nebraska:
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<br />A parcel of land in Lots One (1) and Two (2), Block' Thirty-Nine
<br />(39), Original Town of Grand Island, Hall County, Nebraska, more
<br />accurately described as the north forty-four (N44') feet of the
<br />South e~ghty-e~ght (S88') feet of said Lots One (1) and Two . (2),
<br />Block Thirty-Nine (39), except. the North 'J'v.'enty-Two (N22') fee\:
<br />of the south eighty-eight (S88') feet of Lot One (I) and the North
<br />Twenty-'!\vo (N22') feet of the east Five (E5') feet of the south
<br />eighty-eight (S88') feet of Lot Two (2)
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<br />Together with all buildings. impro..'ments, fixtures, streets. alleys, passageways, e_ments, rights,privile",,&I\d.
<br />appurtenances located thereon or in anywiSt' pertaining thereto. and the rents. issues and profits. revenioDS:and remailldels
<br />thereof; including. but not limited to. heating and cooling equipment and such personal property. that is atiaehed to,tbe'
<br />ilnprovemen18 so as to constitule a fixture; all of which. including r..placements and additions thereto, is berebYdedanld"
<br />to be a part of the real estate St'cured by the lien of this Mortgage and all of the foregoing being refe""d to hereln.tIle
<br />"Property",
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<br />Mortgagor further coovenants and agl'ffS. with Mortgagee, as follows;
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<br />1. Payment. To pay the indebtedness and the int"",.t lh"won a. provided in this Mortgage and the Note,
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<br />2. TiU.., Mortgagor is the owner of the Property, ho.. lhe nght and authorit.y to mortgage the Property. and
<br />warrallts that the lien created hereby is a fi~t and prior lien on the Property. eXL't'pt as may othHwl&e be set forth berail..
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<br />o The Property is subJ"Ct to a Mortgage wherem _
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<br />is the Mortgllil"", recorded at Book . Page of lh., Mortgage Rt"Cords of ._..____.._ County,
<br />Nl'btaslta, which Mortgage is a lien prior to the Ii.'n ".....led h........by.
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<br />o Othfr prior litlos or tl'ncumbranct'~:
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<br />3, Tues, Asoe&sntents, To pay when due all taM'>, 'pecial ....ssments and all other charges against th.. Property
<br />and, upon written demand by Mortgagee. to add to the payments requil't'd under the Note secul't'd h..reby, such amount as
<br />may be sufficient to enable th.. Mongage.. to pay such tax... ","",ssments or other charges as they becom.. due.
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<br />4, Insuran,..,. To keep the improvemenL' now or hereafter located on the real ",tate described h..rein insured
<br />apimt ~ b1' n~ iind ;;UCG c-th.e~ h~~ .:s M~.:H'!g!!:~2't' m~y !'P<!uiw, in amuunts and with companit>s acct"ptable totht>
<br />Mortpgee, and with loss payable to tbe Mongag..., In ca..... of loss under such poIici... the Mortgagee is authorized to
<br />adjust~ collect and -compromise. in its discretion, aU claims tht"filundt>r at its- soh} option. authorizt~d to eith(,f appl.y thp
<br />~ to the restoration 01' the Pro~rty or upon the indebt.l>d.n~ss St.-cull'a heft-by ~ but payments hereunder shall CQO'
<br />ti1l\le until the SUIm Sl'<;Ul'ed bereby are paid in full,
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<br />&, 0 Escrow For Tues and Insurance. Notwithslllndlng anything contamed in paragraphs 3 and 4 hereof to the
<br />ronlrary. Mortgagor shall pay to lhe Mortgagee at the tlm.. of paying th,' monthly installments of principal and interest.
<br />~twelfth 9t. LI!:~ yearly ta..xes, ~nt.". hazard lUs.ural1ce pl1'miuOls. and ground fl>nt~ (if any) which ma)' attain a
<br />priority m..r this Mort....... all as reasonably ..timated from tim.. to time by the Mortgagee, The amount, so paid shall be
<br />belli by the Morteacee withOltt in"'re.t and applied to the paym"nt of tb" .t",ns in wSP<'<'t to which such amounts were
<br />1\epQ!Ilt.ed. ~ sums paid to Monppe ht'l'tmnder are pledeed as addItional .,,<'Urity for the indebtedness ""cured by this
<br />*Itiioi<'. !\.iort&iiOr5hill pay In Motl.jfalil"" the anlnunt of any deft.i..n.y lwtweenthe a<'tual Ut.'-es, asst.>SSlllenlS, insurance
<br />Pl\'llllutn$ and lJ'Ound ....nts and the depoo>its hel'1'Ullder wnhin 10 day. an", demand IS made upon Mortgaaor ft'qu..ling
<br />pay_oJ tben>Ot.
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<br />6. Repair! ~'Iud Use~ Ttl PU:llll:ptly r~'pair. !'\~~t!)~ ('! !'t"btu!d any hw!dm.r. l.}f impro-veownb uuvt" Of
<br />twA'iUWf on t..tw Pro.pt'-rt)'~ to kt't"p th~ Vtupe-tljo" m guod rondiuoo .nd rt?'pair~ wilh,)ut, Wa....h>, ~ud frt'1' from nh\~haui\".'l, m
<br />~tllenl!t nol CXPf~1 .iu..oordmtlted to th\" Hr.1l hf!rl!ot not to) mak.e\ il'uffN Of permit any nUi~n('l" ~O- t'XI"'l, nur h) diJntU-
<br />iU~ or .jlUpalf Uk Vattw of l.btk f~~tty by an)" I.tet or omU.MHf< l;{) j.t{'t; and lu {Comply wlt.h iiH ft'>qwH'Hlenl,5 ur law With
<br />~d {... tll" .l'\\>I>"'t).
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