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<br />84,,""" 006223
<br />MORTGAGE
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<br />This Mortgage is entered into between
<br />Husband and Wife
<br />
<br />Timo~hy R. Victor and Joyce A. VictAr~
<br />
<br />
<br />Five points Bank
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<br />Mortgagor is indebted to Mortgagee in the principal sumof$5.000~OO . ...... ....... '.' "
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<br />dated /1-;; f - 8 <{ (herein U Note") plOviding for payments of prineipaland inmrest,wJtI! thecba!ll!1~' d!'~;:' .
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<br />indebtedness,ifnotsoonerpaid,dueand.payableon S-.:>i-tS"" ...... ...
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<br />Toseeure the payml)rit of the Not.e, v.'ith intelest as provided therein. the paymentofallothersUllls'"withlntifejt.:;"
<br />advanced by Mortgagee to protect the ~curity oi this Mortg~~ ~nd thl,! ~d'Q~~_ Qf tbe'_ooven~ts'~~~ '
<br />the Mortgagor contained herein, Mortgagor does hereby mortgage and convey ~o Morti!ageetbefoiIowmg;~d:;:::
<br />
<br />property located in
<br />
<br />Hall
<br />
<br />County,. Nebraska:
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<br />Lot Eight (8), Westroads Estatee Fourth Subdivision.
<br />Hall County, Kebraska
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<br />Together with aU buildings, improvenu>nls, fixtures. streets, atleys, passageways, easements, rigltt3,privilllges.>md
<br />appurtenances located thereon or in anywise pertaining the....to, and the ....nts L<;sues and profits, reve1SioJ\&anchel1lail1deft:
<br />thereof; including, but not limited to. heating and cooling equipment and such personal property: trnit:isatta1:hedto'tbe',
<br />impro.....ments so as t<> constitute a fixture; all of which, including replaCt'menls and additioosthenltQ, is hereby:declartd:
<br />to be a part of the """ estate """urpd by the lien of this .Mortgage and all of the foregoing belngreferre4to he!'!lin_thil.,
<br />"Property",
<br />
<br />Mortgagor further cOIl""nan'" and ag"""", WIth Mortgagee, Ji,' follow",
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<br />1. Payment. To pay the indebtedn.... and the int,'r"t the"",,, as provided in this Mortgage and tbe Note,
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<br />2, TiUe. Mortgagor is th,' owner of th.. Proplmy, has the r.ght and authori~y 'to mortgage the Property, and
<br />warrants that the lie" created hereby is a first and prior lien on Iii., Property, eXL'ept as may otherwise be set fotthhetein.
<br />
<br />CJ The Property is subje.'t to a Mortgage wherem
<br />
<br />
<br />is the Mortgagl>e, record..d at Book _.________ , PagL. of the Mortgag.. Records of __
<br />Nebraska, which Mortgage is a lien prior to the lipn L'n'at..d h~.-cby.
<br />
<br />County,
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<br />o Other prior liens or encumbtanc~:__
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<br />3, TaxilS, ~ts. To pay ",h..." due all La""", .peelal .....ssments and ali other c\largesagainst tbe Property
<br />and, upon written df'mand by Mortgagee, to add to the paym..nts r.qui....d under.!h.. Not.e secured hereby. such amount as
<br />may be ouffleient to enable the Mortgagee to pay snch tax""- assessments or other charges a. they become due,
<br />
<br />4. tnsurance. To ke..p the improvements now or hereaft..r locat..d on the ",al estate described herein insured
<br />tIfa.iM ~ by fire and sum other haz.ank ~ Morlgaget!" :r..ay c-t"quirc..in amounts and_ with co:mpanle-s ac.("epiabi.e to lh~
<br />Mortgagee, ano with loss payable to the Mortgagee. In ease of ,_under such policies tlle Mortwl!It is authori.alHl to
<br />adjust, collect and compromise, in its discrt'lton,. all claims tl1ereunder at its .ole option, autlwiiLe<\ l<Hitherapply, the
<br />p~ to the restoration of the Property {)l upon the indebtednell6secured hereby, but paymentshernunder lllulll.con.
<br />Unue untll the sums_1lred be:reby 8l'I' paid in full.
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<br />5, 0 Escrow For Taxes and InsuranCl!, Notwithstanding anything eontaincd in paragraphs 3 and 4 hereof to the
<br />eonmuy, Mo~r sbJl/l pay to tht' Mortilagee at the time of paying the monthly installments of principal.nd interest,
<br />one-twetfth of the yearly<taxf/$, _lllli, hazard insll.rance premium.. and ground rents(ii a.ny) which may attain a
<br />prlQl'ity OVer thia Wortl8\lt'. -'I lIS reasonably estimated from time to time by the Mortgagee. Tile Illllounts so paid shall be
<br />held .bytheNlortppo withou.tint.erest lU1d applied to the payment of theitelUli in resped to which s\lCh amounts were
<br />do,poalU.d. The SlIIllJ paid to Mort~ hereun;Uor are pledged lIlI additional ~",~urity forti", ,noMbtedneJiS secured by thls
<br />~~ -~~ ihiU pey tg 'M~~_- the .tb"tlou-Itt-of any deficicn~y btrtWtieii tn@ actual_taxes. a&sessnti'nt.s. iru;urance
<br />~ntlu"" and~ to'nlll and th" depo;;lts .Iwftlunder within 10 days aft", demand is made upon Mor!ll3t'>r request/ng
<br />pay.ment th~f,
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<br />It.... MaiA~,llll<i Ute., .'1'0 /If<lnlPUy ....pai., restore rll nbuiid anyhuddinl" or jmpro.en.oots now 0[
<br />\;t>~le(&,>I\ u.... Propoort.y., tll~pthel'roi"<'rty in good coodlti\?l1 and repair, without ..ast.., and rl'ff from nwchanlc's Q.
<br />~r1~.Jl<)tlll<~ly~"tx>rWliared to. the Hilt> bereof; nollO nw.... 5u.f!<lr or permit'DY nuisance to exist, IlQr 1:0 dimill-
<br />Wi Of _l",~,( .thtt -YalQJ? _ qj- ~- Prttpttny b}' ~y act Of utQil$ivn t("} :!i(;t~ and l(J <:'o"ltp!Y wHh aU n~U~knU_l!,!lt.'} uf law v{Hh.
<br />~..'i lO ihe~ftY,
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