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$2--' 11(!1239
<br />A10RTGAGE
<br />'F1ilsMort~eisenterrdintobetween _ P~1Z21-p D. Ptaltzahr and Gicici L. rfaltzahn, „5 __
<br />~.n common
<br />. .ja~a~Tenants with Riot cf Surcivarahiy, an3 Net as Tenants ___ (herein "Mortg~or") and
<br />Fi..re-Points Sank - _ - -{herein"MartYagee"].
<br />~1wt=agorisindebtedto Mortgagee in the principal sum of $ 40, ~~4• ~~ _ , es~denced 6y Mortgagor's note
<br />dated 4/ 1.182 -iaerein "Note '1 providing far payments of principilarid interest, with the Balance of the
<br />indebtr+dnass, if not sooner Arid, due and payaBle on- 4 / 1 /85 ~_.
<br />Tosecrire the payment of the Note, with interest as provided Urerein, tBe payment of all other sums, with interest,
<br />adeanoed by Mort{pt~re. to protect the security of this Mortgage, and the performance of the covenants and a
<br />greements o[
<br />the Mwt/a~or contilned henin, Mortgagor does hereby mortgage and cesrey to Mortgagee the Collowiog described
<br />pt+operty looted in.~ ;aa1l Cottnty, Nebruln:
<br />Lnt Eleven (11), in Boek t')tae (1) izt- Brentwood Sec and' Sulzdivision,
<br />City of Grated island, Ha 11 Cottnty, Alebraska
<br />'IY~rthrr witb a-1 buildinAS, improvements, fxturrs, streets: alleys. passageways, easements, rigtets, privileges and
<br />a~urtrrtaecxs lodtrd Ihcnrxy or in rnrwise'pertatntng thereto, and therrnt.~ tsstres and proCts,rtmeersipas and remainders
<br />lhervot; ioduding, but not limited to, heaLitiR and airoling egtripetreet and such peaiaxrai property thatisattacbed to the
<br />iasprorrrrtents so as tc cortatitule a frstun; al! of whiclr,:incladinR replacements and additrons thereto. is hereby declared
<br />to Ere a pM of the real elute secured bt tare:#ien of this NHxtgage and all nt the foretoing berng referred to herein u for
<br />,.~~y,.
<br />Mortp=or furtbrr rnnvrnanta and agrrec, with Mortgarter. as Yul1•aws:
<br />L i!tyment Ta pay the indebtedness and the inietvst thereon as provided in this Mottga<e attd the Note.
<br />2. Tltk: Ma~rtpEor is the owner of the Property, has tfse~tight arils aothonty:to martltaRrthr Property, and
<br />wttaranu that tt+e Itrn created herby is a first and prior lien on Lhe'PMpeny, eacr~ as may otherwise be set Earth herein.
<br />Q 'Ihe Property is subltct Ca a ;Mrrt~r whrretn _-.-.~..,. _. -r_ ..`-_.___~_._.._.~.".. - --
<br />ti the -fortpgee, rrcartkd at Book .._.. -_-- .Page _ _ _ of chr Mortq:Kr Records of _ _, __v...:.-._~..~._ CourrtY.
<br />Pfebraair, which Mortpge• is a tirtr prior is the lien cn•ated SereB~:.
<br />G tklrer prior liens ce eneumbrancrr;:. _._.... ... _....._... ...:...~ ~.._~ ,_.~. _....__--
<br />$. Tettea, Arrraerw4. 1b- paywhm due ill taxer,, speciilassessmenis and all other charges against the Property
<br />aod, upon R'r4ttea demand by Mort~yee. to add iu LBe payrneMS required under [he :Dote Stcurrd hereby, such amount as
<br />tuay bc.+utCk'ieni to mabie ttu ?dortgyee En pay sorb taxes. aasrsarnenta or W.her charges ri tPtey become due.
<br />4. laaatae~re. 7'o Steep tlee tmprorements new or hereaRer located on thereat estate dncnbed herein insured
<br />s`rrta6 d~ br, fix and arch other boards as ~Wttre may require, in amrxtnts and with companies acceptable to the
<br />~f~Me, and with Mr. Payable ' o the 'tiorKatee. !n case of toss under such policies the Mortgagee is ^uthonzed to
<br />adjure, cafktct and cpmproAf~e, to its dhrrntiosi, all rlairar, thereunder at its soar option, authorizxdweithrr apply the
<br />ptoo+edr:o tie teatotation of the Property. or upuu [he indebtedness secured hereby, but payrrrertts hereuad~~r shall con-
<br />. !torte until Cite elate aacvted ttenby are paid in tult_
<br />S. U Fretow Far Tasaa and Inaetraaer. Noi.xithstandirtg anyUtingt contained in prragraphs a end 4 hereof to the
<br />cautraty' Mt~yor shall pay to Lhe Mortgagee at:he timeat paying the monttily insta[1menL~ o!' principal and interest.
<br />sae-:tvrelft- of the yearly :axe, aecesraents,. Baxard lnsuranca premiums, sad ground rents Ilf anp) which may attain a
<br />Otimty. ue~rr Lltia >Mlort~r, aV as teaaonablYrsGrnated from Llme Co time by the Mortgagee. 7'he arnounls sa paid shall br
<br />i~d.6y ttrr ~la-tpp+r.+r9iD-out lnierest and #ppi4rd to the prp;een[ at the hems In respect Yo whicB sum amounts were
<br />tlepoaNeA. ~ wmr peed to Mortppie herettndet err pied~ed ae rdditionaS security for the indebtedness secured try thin
<br />fiwtfaP, Y~Iorr~t~or aAa1f yayto lKatrtpgee ttte amount of any-. defrciency between the actual taxes, assessmenLS, itutltance
<br />p~iuraea and i~~ nets. and the, deDCri;ht heaeundrrxittrin StJ days afcrx demand 3s made upon ~lorigagor requesting -
<br />gayroaM there,isi.
<br />i- lta~Mr. f~iwatwrarwY arsid.Llar. 'To prwxrptlyrepair, trsunrr or rebuild ant' betttdings. err ia~pmvrmenls now nr
<br />heteia(ier~-eke Pm~crty, to keep for fYrrprrty fn;sad condkion and repair, wfthr+u~t wsaa, and tree Faun r-twhanic's is
<br />arFlterBzfllaawl'-<spa~'y s+rarar~naiad to We lip heft; r;nt to make, ~uttec or pf-rmit xn7 nrusartce to.~rcict. nor to d[rnin-
<br />iaQ ut :merit' Wa riiiat+ of thrt ProperrtY hY ;~? ae't w cataitisir>ra [o Wit: a,°~d t.c..wmprty witR a!! rryuimrrtentn o: taw with
<br />ft's tree Yrrr#esrty.
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