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~~"° {~G.~ry38 MORTGAGE
<br />'LhisMorttegeiseoteredintobetwren Terrence L_ Wins la,~;a and ?~ancv L. '~dinslow~ each in_
<br />his and her own riaht_and as spouse oi: each other
<br />-- _--- _-- (herein "Mortgagor") and
<br />- _ F.Lve Points Bank ___ _Chemin "Mortgagee").
<br />Mortgagor is indebted to Mortgagee in rite principal snm of c >» , iJ )0 .__ ,evidenced by Aortgngor's note
<br />• da6ed March 26 , ; 432 (herein "y;ote") providing for payments of pritcipal and interest, with the balance of the
<br />,indebtedness, if noL sooner pad, due and aa;:able on__1~T i l ? , '.437
<br />Toseeure the payrrtent of the Note, with interest as provided therein, the payment of alI other sums, with interest,
<br />adtrerrhd trg.!Nortgagee to protect the security of this Mortgage, andthe performance of the covenants and ngreements of
<br />•~ thR+ It(ort'ggor contained herein, Mortgagor does hereby mortgage and convey to Mortgagee the following described
<br />~ ieautted in }131
<br />Gonrity, I>£ebraska:
<br />,,
<br />The w'~sterIy Forty-hour ¢-i}k) feet of Lpt Fouz_(~}; ire Bloci. Two ( 1,
<br />of Lakeviets an 'Addis ion to thee. ~i ty of Grand'~sland,, Mali !~ounty,
<br />+~eiJ 73 Ska.
<br />To~atlcer with ail'build`mgt, itnproremeots, fixtures, streets, alleys, passageways, easements, riRhLS, Privileges and
<br />apptrrleeaoRa locaud thereon or in anyrriae pertsiuing bh!!reRA, and tht rents tastres and prcafits, reversions and remainders
<br />thereof; iniading, but nW limited to;heattng andeooiing egttipmeot aad strr9i. peraaoai:~properiy that is attarbed tolhe
<br />iaaproveterrtta so as to ctrttstitube a tlxW re; ail of whtch, itulrtdirtg replacemetttt ahd additions thereto, is hereby declared
<br />to he a part of the real estate secured by the lien of this Mortgage and alt of ibe foregoing being-referred to herein as the
<br />..~~y,.
<br />r Curlher cmveugJlta 1tf6d a~aea, wEttf Mortpywn, :a Pr>llows:
<br />1. layttrent. To pay the indtvktedrteas and the intert~nt th«rrYyn as provided in this Mortgage aad cbe Note.
<br />2. Title. Mortgagor is the owner of tlx Praprrcy, has th<- zrtht and auttfarity to mortgage tihe Proprrt ,end
<br />waeratrta that the lien created hereby is :first and priartien ai the Property, except acs may otherwise be set forth herein.
<br />®`IhePtopertyissubjecttoa!NortgaYewherein-.!h~' ~q~iiCaolc ~~uil$iny,~ 1.oan::Assaci,tior_
<br />• Ilse recorded at Book.-__1 ~---- ,Parr _ :(1 ~ of th~• Moe t3a Y i
<br />, tgarr lterordx of _~.._~_~ C,ounty,
<br />Ncbraalu. which Mortgage is a lien prior W the lien crra4Yf hen•by.
<br />r_3 Other poorltens or rncumbnncrs: .,. __ -
<br />3. Taxaa, .taaeaaments. To pay when due all taxes, spet~ial assessments and at3 other charge; against the °roperty
<br />and, upon written demytdby Mortgagee, to add to the pay menu required under the Note secured hereby, such amount as
<br />may be suffreienita enable the Mortgagee to pay such taxes, assessroeals or ether charges u they b.~come due.
<br />t Lasesartee. To keep the improvements. now or hereafter located on the real estate described herein insured
<br />agairtatdamagc by [tle and such nher hazards as Mortgagee may require, in acnaunts and wtEh companies,acceptah{a to Chr
<br />A6ostpgee, and with low. payr hie W the Mortgagee. lr, case of toss under such policies the Rortgagee is authatixed to
<br />adruet, coifed and cotnyromise, in Its diccrrtian, alt clams themunder at its w3e option, nuthnri~r~d t.o either apply the
<br />psaoeeda. to. tbe..reatotation of the I:tuperty orupoa the indebtedness Fecund hcrnby, but paymentaprr,•under shall coo-
<br />finue until. the: sums second hereby. are paid in Putt.
<br />_ 5. f,' 6~Crow For Tatea: and tnauraoes. !3otrcithstindinr~nything contained in pararrsphs 3 and 4 hereof w the
<br />- contrJ~y, Muttgrgor shall pay to the Mortgagee at the time o; paying Lhe mont}ily insWlmrnts of pnncipa[ and interest,
<br />ooe-lvelttih o_f fhe }'early :axes, asticwments, hazard incunnce pcemiuras, sad ¢round rents riC .any) which may attain a
<br />pe±fltiSy crier ih» Marge, aiI at reaaonahiy estimated from time to time by the Mnrtrarer. The amounts so paid shat! he
<br />held, by tAe Mortgagee without interest sad apylied to Lhe payment of the items ix rcspet-t to which such amounts wem
<br />dapoaittd. The autna yard to kl~ortgagee herruntler are pledged sa additional security, foe the indebtedness secured by this
<br />-Maryye_ 3lortgsigorahall pay,fo Mortgageeihe amount of any de!icienrv between the actual taus, assessments, insurance
<br />ptntmitirga and gtvun6 rent and the deyosite hereunder within it7 dayB after denund is [Wade upon tifongayor roquesting
<br />paytrsnt thereat.
<br />- 6.. Rtyag, ltainteRarsee and fine. To prompU}' repair. rr•~fom «r rebuild any but?.dings or intprovemrnts nnw or
<br />hereafter on tha Pmperty; to keep the Property in good ccxidiGion xnd repair, without wtate, and free. frosts me,:hanic's nr
<br />CMrtetir-rrs noiv,pressty subrndinated to Che lieri hereof; oat. ta~.ntake. suffer or perrsit an, tsuisanm to exist, r;o= co dimin-:
<br />rah art Irnp•ir Lhe r~tue of rite lkope rty by ang. set nr om>sxian in act; and ?u ran3p{y~ ssith a3F rcq;~ir~manrs c;i Sa.~ with '
<br />r+esCL(ithe lraperty.
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