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~~ --~= a ~ u €~ 1 r~ ~ ~c~Rarr:p:~E <br />7t:u ~rIortgage is entered Into between ~atr~rt ll. 41mgu1at and Mgrcia K. P.Imquist, <br />_~jj;,,cha~yTife ~alncly with eat°~t in their overt right {herein"`Mortgagtai'jand <br />PzT+E P4~TS SA\'K (ltereih "Martgaget~'•) <br />Mortgagor is indebted to Marlgagee in the pr'taeipal aftm of $ ~$. , ev"stienced by Mortgagor's ao4e <br />dauyi January 1 i , .1982 jherem °`Note'h proridiag far payraetttsorP principal aad'ieterest, with the balance of the <br />indebtedness, i[ notstwner pa+d; due and palpable am_ January 15, 1987 <br />To secure the paytaent at the Note, with intertst as provided therein, the-pay raent of at1 other suou, with utxrest, <br />sdrairtcrd by Aiortgagee to protect the secrtrity of this Mortgage, and. the perfortaance of the covenants and agreements of <br />the liortgagor contained herein, Mortgagor does hetaby mortgage and convey W Mtrrtgs~ee the foll~awing described <br />prnperty located in llall' County,. Nebraska: <br />Lot T~zenty TwA (2.~.} Western heights Subdivision, Hall County, Zdebraska <br />Togeltter with all huild'mgs, impmvetnents; fixtures, streets, alleys, passageways, easements, rights. Privileges and. <br />appurtenances iocalyd thereon or in anywise pertarnrng thereto,. and therents. issues. Arid profits, reversions and tetnaindera <br />thereof; induding, but not ii:nitrd tu, heating and cooling equipme»t sad such personal property first is attached to the. <br />improvements m as to cortstitu[e a :fixture, afl of evhi%h, including replacements and additions tltereto,:is hereby declitred <br />to be a prrtof the nal estate e,rcared by tltelienaf this:Morigege and all ofthe foregotng.beng referred""":~to 6etevtas the <br />..~~rty„. <br />Mortpgor Curtner romenaats and, agrees, with Mortgagee, as foitars: <br />1. Payment. To pay the iddebtedness and the'inteteat Llreneonas provided ti'this ii~ortcage and tfieNote: <br />2. Title_ Mortagor is the ostrtre of thie lkoperty,-has the right-and authority tti maetgage the Prnperty, and <br />warran6 knot the lien rrrated hereby' ~s afttstartd prior Eienantha property, exceptas may otherwise be set fort~t hereto-. - <br />ft`[~e Property is sub l to a Mo~~¢e whQmin First_Federal Savit~ s & Zoan. <br />as I)~nc. :u. i7=-0055$9 .~ .~~._~ <br />it the Mortgagee, recorded ~rxx--xr:xx_s~,~xxxx.:x~, of 1he~Martgage ftecords of",...~ ~{all ~ .County, <br />Nt~ttrastui, rich Mortgage is alien prior to the lien mated hereby. : <br />O Other prior lieru ar mcuarbrinces. __-- - .`..___.:_ __ <br />3, Taotea, A.a~meets. To pay when due. ail taxca, special i4essments and a0 other charges against the Property <br />.and, upon writtta demand by Marlgagee.. to add to the payments required under the Note secured hereby, such aMr><rnt es <br />may bewff5t9ent to enable the MartEa=ee to pay such taxes, assessments or ether charges as they become due. <br />4. lrtlrvense_ io keep the improvements now ur hereafter located on the real estate dc~cribed hetsain insured : <br />agnnst datna~r bS @re andsttch other haaards ax Mortgagee may require. in amounts and with companies atxrpfabletntSe <br />Mtnysdre, ant! wick loos payable to the Mortgssee. In case of loss under such poticirs the MottgtEee is aukhorirxd la <br />idjgat,-oadleci andtbaRpeomirt, in ifs discretion, a1i c3lims thereunder at iGs Buie option, auihn~zedtoeitherapply fhe <br />proceeds to the restoratitxt o[ the Prtrprrty or upon the indebtedness secured hemhy, but payrmenss; hemunder snail con- <br />tmyt mslll the sums secured laeretcy ate pafd in full. <br />5. ~; ]farrow for Tazasand Itrattranax. ?~iotwiL'tstasdiag anything contained to paragraphs 3 and 4 hereaF to khc <br />camtr~. Muetpgoe shad pay to the Mortgeder at the time of paying the monthly i:~sWkments of principal and irfemst, <br />rase-twotfth of the geadY ta~es,_assessments, hard insurance premiums, and ground amts fif arty) which may attain a <br />prodty Dace tabs ~fort~, atl ac ceaaonabty ntimated from time Ya, time fey ibe Martgagca_ 1'he amounts so paid?hetE toe. <br />heEd lea the Morl~e rrithmitt interest and applied Lo the payment of the items in re;pt to which seen amounts tvete <br />Sad. Rl1c xrart paid us atart~s}ee iterettnder are pltdyed as additianal_ seeurFty fur rite indebtedness secured by this <br />'•--° IAot4W-. ? pap• to ~ rite amannt of any detlt~et~y }e tureen the act:;af takes. ac.~c~&srnrnts, insuran«~ <br />pxaf®iatms aRd groruzyd rsntx arsd the dgponits heteua,der rrithin IFl days after tiamar+d is made upon Nigrlgagt>r requesting <br />payrarni thareot. <br />S. $ayakt,aartar and rise. Tu prwecpli3 rrp~a;r, restore or rebuild art= vuJdinr~ or itriptt3vettrentSnaw dr <br />batsttRaer tr~:tbr orb": t.+ keen iheprnperfr in petal condition a.-cd tepe~r, wilhsaui west c, and €ree-frcwn:hterltiaaic's ar - <br />taheelicrk® nai exgeesatp autxxQircated rm Lhr:'sfeYS heitof; not io 'reaire< suffer at'iYr•ernit say nmi~mdx~ t~ exist, nartz7:ditnln-. <br />bra. sa tm~air t3tr rcattae of l]te. Property try antr~ a,et nr oraa+an ts~ act: and tc cgtFriDly w:uh tell rintlutrert'tucnta of lax:wrtPt.~ <br />t~rnpee.A ix, the Pcieprortq. <br />