|
<br />MORTGAGE
<br />
<br />84---.00554.7
<br />
<br />
<br />
<br />,'.---,'.: - ,'"";,'-",-'-.'
<br />~_ , _'_ "_', ~c"'-'; ,_ _.,__,- __ _ _; __ ,_':_'. ;;.
<br />'(he~in'~'M~~trJ'lIilit
<br />
<br />Wif~
<br />
<br />-F~i ve'-
<br />
<br />dated
<br />
<br />Mortg/lgorisindebted to Mortgagee in theprinclp81 ;;umof$25;OOO~OO ie~di~Y;
<br />:- - . ,,_' :~ ,'--_- " ,- _-~' ___ -_--_-,..,---"'---_.-;;:-;--Y_":,.--::.,;-~"-::::."~.~
<br />Octobe r 17, 1984. (herein "Note') providing for payments ofprii1ci!'ill::thdintemt;)Vi~tli~;'4~
<br />" -- -' -' "--'-'-, ,,-.,
<br />
<br />indebtedn!lSS,if not sooner paid, due and payable on
<br />
<br />
<br />. ...,~i. -'
<br />
<br />~ ,,'_-~h~_~_.~_"~"""'
<br />- - "'-'- ,-~" -,.< '-
<br />
<br />F":: -\.t J
<br />
<br />To secu~ thepaymentpfthe Note, with interest lL< provided therein, the payment of81l<ltliel"
<br />ad~d by. MOngagee wprotect the security of this Mortg/lge, and the pel'forman~ofth~!iv~nll!.I~I(.nd
<br />the Moltgagorcohtainedherein, Mortgagor does. hereby mortgage. and 'con:veytoMoitg~.lt!~i;fqit9-
<br />
<br />property located in
<br />
<br />Hall
<br />
<br />County, Nebraska:
<br />
<br />
<br />,'-';:,-:-:
<br />
<br />Lot Eighteen (18) in Hidaen Lakes Subdivision
<br />of theSE.\; of the NEt and a Part of the N%NEt
<br />Thirteen (13), in Township Eleven (11) North,
<br />6th P.M., Hall County, Nebraska
<br />
<br />--'j ,--
<br />. '-.._--' '-'.,--,-',:;'-.,.
<br />Number Two, d.B~.:il'lg'~J)~Ft'.c ,.
<br />of the SEi(. ()f;Sectii~n.._:':.< . ~..
<br />Range Nine (9)We$t:~df'the~:';:'i;-
<br />
<br />
<br />- ~ ~ '.~L~: ,',
<br />
<br />;', - ~';~~'" ;<:!-~1:;';' ,;:,-~, 2::
<br />
<br />i,:\,~::':r
<br />
<br />, < ~J
<br />
<br />~,' ',>-,,;/---;
<br />
<br />Together with all buildings, improvements, fixtures, streets, alleys, passageways, easements, righis,..pp.viiegeS'mlk .
<br />appurtenances located thereon or in anywise pertaining thereto, and the rents, issues'. andprot'its,reversio~and'Ill~:'; ."
<br />thereof; including, but not limited to, heating and cooling equipment and such personaiproperty that'is ~.tiHlU!;;'.';'
<br />improvements so as to constitute a fixture; all of which, including replacements and additionstheret~isheniby d..c1alJlcE
<br />to be a part of the real estate secured by the lien of this Mortgage and all or the foregoingheing refeiiedfulil!telD.,the';:
<br />"Property" .
<br />
<br />Mortgagor further convenants and agrees, with Mortgagee, as follows:
<br />
<br />1. Payment. To pay the indebtedness and the interest tnNeon as provided in this Mortgage and tile Note.
<br />
<br />2, Title. Mortgagor is the owner of the Property. has the right and authority to mortgage the Property; and
<br />warrants that the lien created hereby is a first and prior lien on the Property, except as may otherwisebeset.fortll:heIllilL.
<br />
<br />liiI '!be Property is subject to a Mortgage wherein -4ui1:.ablp RII i 1 ding & Loa,n
<br />
<br />is the Mortgagee, recorded at Book _, Page ___...._ of the Mortgage Records of
<br />Nebraska, which Mortgage is a lien prior to the lien cl't'ated hereby,
<br />
<br />
<br />County,
<br />
<br />o Other prior liens or encumbrances:_,
<br />
<br />3. Taxes, Assessments. To pay when due all taxes. special assessments and all other charges against the Property
<br />and, upon written demand by Mortgagee, to add to the payments required under the Note secured hereby, such amount as
<br />may be sufficient to enable the Mortgagee to pay such taxes. assessments or other charges as they become due.
<br />
<br />4. Insurance. To keep the improvements now or hereafter located on the real estate described herein insured
<br />against damage by fire and such other hazards as Mortgagee may require. in amounts and with companies acceptable to the
<br />M<>>;tpgee, IIRd with loss payable to the Mortgagee. In case of loss .under such policies the Mortgagee is authorized to
<br />a~ collect and compromise, in' its discretion, all claims thereunder at its sole option, authorized to either apply. the
<br />proceeds to the restoration of the Property .orupon the indebtedness secured hereby, but payments hereunder shal!COD,
<br />unue until the sums secured hereby are paid in full,
<br />
<br />5, 0 Esciow For Taxes and Insurance, Notwithstanding anything contained in paragraphs 3 and 4 hereof to the
<br />coutrary, Mqrtg/lgor shail pay to the Mortgagee at the time of paying the monthly installments of principal and interest,
<br />one-twelfth. of the yearly taxes,assessments, hazard insurance premiums, and ground rents (if any) whicb may attain a
<br />priority over this Mortgage, all as reasonably estimated from time to time by the Mortgagee, The amounts so paid shall be
<br />held by the Mortgagee without interest and applied to the payment of the items in respect to which such amounts Were
<br />deposited. '!be sums paid to Mortgagee hereunder are pledged as additional security for the indebtedness secured by this
<br />Mortgage. M.ortgagorshall pay to Mortgagee the amount of any deficiency between the actual taxes, assessments, insurance
<br />lIrelDlums and ground. rents and the deposits hereunder within 10 days after demand is made upon Mortgagor requesting
<br />payment thereof,
<br />
<br />6. Repair, Maintenance and Use. To prOlnpUy repair, restore or rebuild any buildings or improvements now or
<br />he~anerOf! tl1eProperty; tok.~p the Property in good condition and repair, without waste, and free from mechanic's or
<br />otherlieru; notex~ly subordinated to the lien hereof; not to make, suffer or permit any nuisance to exist. nor to dimin,
<br />ish. or impair the value of the' Property by any act or omission to act; and to comply with all requirements of law with
<br />mpect to the Property.
<br />
|