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<br />MORTGAGE n
<br />ThiaMortgaEeisenteredinto6etween _~li.`f~irc~ D t ^rrinper ~nd ('tie J~i;,~ ~, Carrinver,
<br />-Husband & Wife s Dint tenants, S:ROS tr nc,t as tenants in c OI'`mon
<br />-. ~ -1-_
<br />(herein "Mortgagor") and
<br />FTVF P(1TUTC RdATt; - -.-therein "Mortgagee"l.
<br />Mortgagor is indebted to Mortgagee io the principal sum of $ ;,nrln_eln , ¢videnced by RSortgagor's note
<br />dated 3une ~~ I982
<br />(herein "Note") providing [or payments of principal and interest, with the balance of the
<br />indebtedness, if nir4aooner paid, due and sayable on~ovemher 29 , 1932 -
<br />To secure tFe payment of the Nate, with interest as provided therein, the pa}-ment of all other sums, with interest,
<br />adnnced by Mortgagee to protect the security of this Mortgage, and the performance of the ^ovenanis and agreements of
<br />the Mort;agor contained herein, Sfortgagor does hereby mortgage and convey to Mortgagee the fdlowing described
<br />property Indeed in ua 1 1 County, Nebraska-
<br />Lot S27F'teen (16), Siock Three (3), Dill and Huston's Addition to the City oY
<br />Grand Island, Hall County, vebraska
<br />TogeNet with W building, improvements, fixtures, atreete, alleys, pauageways, easements, rigAts, privileges and
<br />apptutenaoees located thereon or in anywise pertaining thereto, and the rents. issues and profits, reversioru and nrtuindeca
<br />tArreo[; indading, but not litdted to, heating and coding equipment and such personal property that is attacAed to the
<br />impro+earen4 to s to constitute a dxtnrc; al! of which, including replacements and additions thereto, is hereby declared
<br />to Ire a Part of the real estate secured by the Nen of this Mortg~e and all o[ the foregoing being referred to herein as the
<br />.. may,.
<br />Mortpgor further troneenan4 sad ogees, with Mortgagee, as follows:
<br />1, hyrttsnt. To pay the indebtedness and the interest thereon as provided in this Mortgage and the Note..
<br />2, T1tle. Mortgapra the owner o[ the Progeny, has tAr rigAt and authority to mortgage the Property, and
<br />warrattls tAat the lien created Aercby is a first and prior lien on the Property, except s may otherwise be set forth herein.
<br />rYThePropertyissubjecttoaMort~yewherein~luitable A1dK. and Loan Assn.
<br />77-001020 - -
<br />is tAe Morttagee, recorded at.9c. -'! , per- of the Mortgage Records of ~Ha 11 County.
<br />Nebraska, whirls Mortgage u a lien prior [o the lien created hereby.
<br />flONertxiorlieneorencumbraners: Five Points 5anki Doc_?;8J-OOh28$LHa11 Co., NE
<br />3_ Tats. Aaaaaowata To pay vben due alI taxes, special assessments and all other charges against the Property
<br />sad, upon written demand by Mortgagee, to add to the payments required under the Note secured hereby, such amount as
<br />may be sufflcieot to ertabte the Mcatp~ee to pay such taxes, assessments or other charges as they become due.
<br />4. tmteraoee. To keep the improvements now or hereafter located on the real estate described herein insured
<br />agrrrst damap by 8rc and such other havrds as Mortgagee may requite, is amounts and with companies acceptable to the
<br />Mori gee. and with tos payable to the Mortgagee- In doe of Tors under such policies the Mortgagee is authorized to
<br />adTrat, edl~et and compromise, in its discretion. ail claims thereunder at iTs sole option, authorized to eether apply the
<br />proceeds to the teatOrapon of the Property or ttpon the indebtedness secured hereby, but payments hereunder shall con-
<br />tiaue until the soma secured Aercby arc paid in full.
<br />5. ~ Fxrow For Taxis and Innrutce. Notrrithslanding anything contained in puagraphs 3 and 9 ;iereo( 4o the
<br />contrary, klort~or shall pay to the Mortg~ at the time of paying the monthly insWlmenta o(principa> and interest,
<br />one-Lwelfth of the yearly Wren, assessments, hazard insurance premiums, and ground rents {i[ uey) which may atiain a
<br />priority over this Martptge, aU as rcasonabiy estimated from lime to time by the Mort~agce. The amount sp paid shat] be
<br />hold by the Mortpgte without interest and applied to the payment of the items in respect to which such amounts wem
<br />deposited. Tht• rums paid to Mortytgee tuereunder are pted>ted u additions; sacuzity for the indebtedness secured by this
<br />Mo'rt~e, Mort~orshdtpay to Mortgagee the amount o(aay defciency between the actual taxes, e-SSessrnents, insurance
<br />premiums and grrrund tents and Che depositor hereunder within i0 days after demand is made upon ;Ylnrtgagor req>testing
<br />pegtmn2 Yhcrrof.
<br />5. r• -'ga;ert~'r and Gs. To promptly repair, reat,.xe or rebuit.3 ar:g euildir ~ or improvemer.t~; now ar
<br />hereafter oa rise ~pperty; r,o beep Che property in ,good conffitiozz and r, gate, w1f--hove ~asie, and free tmm mechar.ids or
<br />~~G'tetlie,ns sat rxpres+,ly whosdirtated to the ilex hereoti not tr, snake, ~uff~n ar permit ar,1 nuisaot~. ,~ ~?iis., ;7ai,r to dime~-
<br />ich or iaxp~r the '~t-rite, of 13te Property bg any sr,t or omisclan to art; sr:d to cornpiy .itt~ uti regwite~~ruty ofta;~ with
<br />tcsprrt .c rhv S'ts>,.tr',v.
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