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<br />82-i)Ci2~~2
<br />MORTGAGE
<br />This Mortgage is entered into between _ Dennis' Si. Bart:zr and Connie J. Barker,
<br />r ~yg(zaII~~r.d Wife __
<br />t (herein "Mortgagor") and
<br />wive Points Bank
<br />-(herein °biortgagee").
<br />Mortgagcx is indebted. to Mortgargee in the pdneipal sum of $ 45, 000 .00 ,evidenced by 1~iortgagor's note
<br />dated June 10 , .1982. (herein "Note") providing tot payments of principal and interest, with the balance of the
<br />indebtedness, if not sooner paid, due and payabic on~3une 10. i 483 _;
<br />Tosecure the payment o[the Note, with interestaaprovided therein, the payment of all other sums, with interest,
<br />advanced by Mortgagee to protect the security of this Mortgage, and the performance of the covenants and agreements of
<br />the Mortgagor contained herein,. Mortgagor dons herebp mortgage and convey to Mortgagee the fdlowing described
<br />property lopted in Hall County, Nebraska:
<br />Lot 27, Block 3, Lake DavisAcres Subdivision, Hali County, tiebraska
<br />Totether with all bttildinp, impnrremenla, fixtutiea, stints, alley`, passateways, easements, rights, Privileges and
<br />appitrtenaoces [opted. thereon or in anywise pertaittint thereto, and the rents, issues: and profits, n versions and remainder
<br />thereof; indudint, but not limited to, heilint sad ooolint equipment sad such presonal,property that is attached to the
<br />improremeola so u to corutitute • facture; all of which, indudidg replacements•and additions thereto, is hereby declared
<br />to be a put o[ the real estate secured by the lien oC this Mortgage and all of the foregoint being referred to herein as the
<br />..~~rty„
<br />Mortgagor further conrenan4 and ~, with Montatee, as foltnws:
<br />1. [arment. To pay the indebtedness and the interest thereon as provided in this Mortgage and the Note.
<br />2. Tltk. Mortgagor is the owner o[ the Property, has the right and authority to mortgage the Property, and
<br />warrants flat the Ilen created hereby is a Grit and prior lien oo the Property, except as may otherwise be set forth herein.
<br />LXThe Roperty in subject ton Mortpte wlrenin `tome Federal Savings ~ Loan Assn
<br />is the MortptrQ. recorded at Book .Pate __ of the Morttsge Etecorda of -Country,
<br />Nebraska, which IMotttate is a lien prior to the lien created hereby.
<br />^ Other prior liens or encwmbrances:
<br />3. Taaas, Aaseaoneats. To pay when due all taxes, special assessments and all other charges against the Property
<br />and, upon wrrltten demand by Morttatee, W add to the payments required under the Note secured hereby, such amount as
<br />may be sufficient Lo enable the Morttatee to pay such taxes, assessments or other charges as they become due.
<br />~. Insurance. To keep the improvements now or hereafter located on the real estate described herein insured
<br />against dacrate by Gre and such other hazards as Morttagee may require, in amounts and wi[h companies acceptable to the
<br />IYfottsatee, and with lose payable to the. P[octtatee_ in cave of loa under such policies the Mortgagee is authorized to
<br />adjust, cdlect and compromise, in its discretion, all claims thereunder at its sole option, authorized to citherapply the
<br />proceeds; to the restoration of the Property or upon the itrdebtedrnss secured hereby, but payments hereunt'er shall con-
<br />time until the sums secured hereby are paid in fw'L
<br />S. Q Escrow for Ta:ea and [nwraaze. ;rotwi[hstanding anything contained in paragraphs .', and d hereof to LSe
<br />contrary, iHoriptor shall pag to the Mortgaa~ at the time o[ paying the monthly Installments :if principal and interest,
<br />. one-twelfth. of the yearly toes, assessments, hazed insurance premiums. and ground rents !if any}which.rnay attain a
<br />puarity oyez this Morttate, a0 fa reasonably rstirnated from time to time by the .'Mortgagee. The amounts so paid shall be
<br />l[e]d by thekSorttatee without. interest and applied to the payment o[ the items in respect to which such amounts were
<br />deposited. fTta sumspud tit Morttatee hereunder ate piedted >b additional security for the indebtedness secured by this
<br />~orttatr, Norttatorshailpty to Mortgagee the amountat any deGdency between the actual taxes. assessmen`s, insurance
<br />premiums and troand rents and rise depwlts hereunder within l0 .days after demand is made upon Mortgagor requesting
<br />payment-thereof.
<br />&• If~ipair, Maiatenaanr ondtiat. Tc promptly repair, resWZe or trhuild any huSldings vc imprvvements raw or
<br />hereafter an :h~. Property; t[t keep dte Ptvpert.y in good c-ondition and repair, without .vas te, a:.d free firorro roc-cbanic'e or
<br />other&e~ ~t expr~alg. whordinate,d to the ;itn hsteaf; nrst W maire, suffer ozpcrmit asy nuisance to cr.ist, nor tc dimin-
<br />*sh ar rmplir the colas of t}:e Property by am act- ar omission Co act; and to campiy a~t6 aUrcyuirernenG cf taw wS~
<br />respect co Cnc FYapcrty.
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