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<br />84 - 005601
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<br />This Mortgage is entered into betWeen Eueene M. RR sin k R no Rna.r:.o.n k'.
<br />Essink, Husband and Wife ) (herein "Mo\'l;gagor"Jancl
<br />_-----1' i V~__F'_otl1i:,s~_]A!1)!;~_ ___~~'_________,_~~,__________,,_~__,__ (l'[erein"Mortga~e ").
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<br />MORTGAGE
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<br />Mortgagor is indebted to Mortgagee in the principal sum of$ 2. '500. 00
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<br />dated 9/2'5/84 (herein "Note")prnviding for payments of principal and interest, with the balanQe-oHhe
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<br />indebtedness, if not sooner paid, due and payable on March 24, 1985
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<br />To secure the payment of the Note, witb interest as provided thereili, the payment of all ~thersums,.witli.inter!ist;
<br />advanced by Mortgagee to protect the security of this'Mortgage, and the' performance of the',cove'llantsandag!'l!eIl1!!ll~{)r". :
<br />the Mortgagor contained herein, Mortgagor does hereby mortgage and convey to Mortgagej! thefoUowing';~sCiilJed""
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<br />property located in
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<br />H"ll
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<br />County, Nebraska:
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<br />Lot Four (4), Block One (1) Westroads
<br />division, Hall County, Nebraska
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<br />Together with ail buiidings, improvements, fixtures, streets, alleys, passageways, ...asemenls, rigltts, 'Priv.ii'i~;~(#~\,;." ~:>;,'-':.
<br />appurtenances located thereon or in anywise pertaining thereto, and th... rents. issues and profits, reversionsand:~~,\';';,:" :,.:,
<br />thereof; including, but not limited to, heating and cooling equipment and such personal property' Ulat is att!lch4ld'~~;t.,'c.. _.
<br />improvements so as to constitute a fixture; all of which, including replacements and additions thereto, is herebyded~:: " _,'
<br />to be a part of the real eslate secured by the lien of this Mortgage and all of the foregoing being referred to. hereiJt,a:the. .
<br />"Property". < . .
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<br />Mortgagor further convenanl and agrees. with Mortgagee. as follows:
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<br />1. Payment. To pay the indebtedness and ~he interestthereonas provided in this Mortgage and the-Note.
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<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 otherwise be set forth heieiJL
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<br />IKI The Property is suhject to a Mortgage wherein ____-Eqlli ta bJ eo BlIilding &. LQ!Ul.
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<br />is the Mortgagee, recorded at Book _. Page_.___. ,_ of the Mortgage Records of Ha.ll
<br />Nehraska, which Mortgage is a lien prior to the lien created hereby,
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<br />.^ssa.,
<br />County,
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<br />o Other prior liens or encumbranct>s:_____.___,.__._.___
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<br />3. Taxes, Asseosments. To pay when due all taxes, special assessments and all other charges against the Property
<br />and, upiln written demand by Mortgagee, to add to the payments required under the Note secured herehy, such amount as
<br />may be sufficient to enable the Mortgagee to pay such taxes, assessments or other charges as they become dUe,
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<br />4. Insurance, To keep the improvements now or hereafter located on the real eslate described herein insured
<br />against damage by lire and such other hazards as Mortgagee may require. in amounts llI\d with companies acceplable to the
<br />Mortgagee, and with loss payable to the Mortgagee, In case of loss under such policies the Mortgagej! is authorized to
<br />adjust, 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 or upon the indebtedness secured herehy, but payments hereunder shall con.
<br />tinue until the sums secured hereby are paid in rull,
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<br />5. 0- Eserow For Taxes and !nsura."'!!!e. Notwithstanding anything contained in paragraphs 3 and 4 hereof. to the
<br />contrary, Mortgagor shall pay to the MOrtgagee at the time of paying the monthly inslallments of principal and interest,
<br />one-twelfth of the y..arIy taxes, assesslIl(>nts, hazard insurance premiums, and ground rents (if any) which 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 amounlswere
<br />deposited, The sums paid to Mortgagee hereunder are pledged as additional security for the indebtedness secured by this
<br />Mortgage. Mortgagor shall pay to Mortgagee the amount of any deliciency between the actual taxes, assessments, insurance
<br />premiums and tlI'Ound renls and the deposits hereunder within 10 days after demand is made upon Mortgagor requesting
<br />payment thereof.
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<br />6, R~, Maintenance and Use. To promplly repair, restore or rebuild any buildings or improvements now or
<br />hereafter on the Property ; to keep the Property in good condition and repair, without waste, and free from mechanic's or
<br />o~rlien' not expressly subordinated to lhe lien hereof; nollo make, suffer or pennit any nuisance to exist, nOT to dimin,
<br />t'lh or impair the value of lhe Prup"rty by any act or omission to act; and to comply with all requirements of taw with
<br />""''"'''t to the Property,
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