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AIQRTG4GE $2..... A~ ~.} a~ J. ~ ~
<br />T7~is Mnrt gage is entered into betwCen _~'ICI~'S OF C>}?~It~ttJ 35I.~1tV~, INC. a."N2~7~,slia._(X>r~~ration
<br />------------------------ - ---------.._._------(9erein'"Mot~Lgago~')and
<br />'III UVEIii..Aiv'D Nr9TICY~L4L &L?~Li OF GR~~ TSLA~ID, Grand Island, tiebraska {herein •'Mortgagee").
<br />Mortgagor is indebted to :vioal{aRee in tFe principal sum of $ ~5 fXb. (XJ evidenced by Mortgagor's note
<br />dated.-Jll~.~? ~~~__I~ ~__(herei2 "More"? providGng i'or paymeofs of principal and interest. with the balance of the
<br />indebtedness, 3f notsoonet pald~ due and payable oti___,-u1~~30_~ 2.i_~S4 ___.
<br />'F`o secure the payment of the Soie, w th inttre5t as provided Lherein, the payment of all other cams, with interest,
<br />.advanced oy Mortgagee to pro'seet-the ~ Mortgage, and the performance of the covenant`s and agreements e[
<br />the !Aortgagor contained herein, b'lorf`g;~~~~~pbc mortgage and convey to Mortgagee the Following described
<br />ro rty loe~ted in __~H27.7. ':u''a ~i;f~' "_ _.
<br />P lK' nYy, [~braska:
<br />Lot 'mree (S1, xotxlland First ~bdivision to tt~e City
<br />of Grand Island, &111 !'ainty , 'Iebrasha
<br />To~elher with all buadings, impmvvmer,ts. ftx[uret, s[reet_c, atte_:., paticageuays_ ca4•ments, nigh is, privileges and
<br />appurcenanrea located [hereon Orin any,F•ise cenaimnq thereto, undthe rents rsur; and prcfits_mversiotvs and remainders
<br />thertwf; including, but not limned to, hev.inq and axttinq e~~uipment and such moral property that Ls attached to the
<br />improvemenU so ss io corvhtuie e fixtuna; ail of u~htch, including replatYments and additions thereto, is i:erebv declared
<br />to he a part of the nai estate secured by t_he Lien c,f !hi> yh>rtt;a Kr and ai4 of the (oregmng twing rr Ce reed to herein as the
<br />~.RnPvrtY'.
<br />1lfortgaKor furthee conrenanis and agreen, wtth Mortgagee, av iq!iou-.:
<br />1. Payment. To pay the indebtrdnt-,:ti and the Intrn•a then~n ~i a; pr~:cide3 ~n lhi, R~1ort1!age and the i`lote.
<br />2. 7`iUe. Mort~guc is the owner u( the P*op~.~rty, has ihr n;;ht and auth arity to mort~igr liio Property, and
<br />warren is that the lien created hereby it a first and prior 6ua yet th.~ Pn rperlp. rxecpt a, rites nth.-rwiv~ kre srl forth herein.
<br />_; The Propert}' is subject to a Mortl;eg Mh~~r°.a __.. _.. _. ___ _.____. ___._. ____
<br />is the ltortga~r, recorded at Hook _ _.-_... Page.. _.. _ uC the Mt~rtt;ag~- RiYOrds of __.__---------County.
<br />Netiraslu, which Morf.gage is a lien prior to the hen rr.~ate.} h~-ten,.
<br />Other prior lierti wencumhrance._ _ _._. _ __... __ ___ . _._ __..___ ____._.____._-_
<br />3. Ta><es, _3nCC To pay when dw• alt :art, serial izs.-cvnent, and all other thargcs against the Property
<br />artd, uponwtitten demand by Hart gee, coadd to the ixayment. rt~quired u;tder the Vei+~ srcun~dhure6r, such amount as
<br />may hesufficient to rsable the MortgaNe to pay such taxtti_ assessmi~nts or u/-tee rharga. as they- b.xome due..
<br />_ 4. Insµrance_ Tn Reep the lntprovemeuc aov. or 6e wafter Iutet.-d nn the re~Ui i-date deacnbed berem in3~red
<br />a~tinst rLmage by fire and suer ether ha79rds ;~ b4origngee tnac muuire, in am<sunis and ~ th comp;nnr. acceptable to Lhr
<br />Mortgagee, and with Ic~i payable to the Mortt+agtx~. In ease of i<xs u::der eu h tntictr-. (hr Vlortgeget- is anthoriaad Lo
<br />adjtcst, collect Bird compromise, to it; dLCCCetion, all claim: thereunder at ;a x~le option,, anthuriitvl co eitherapply thv
<br />Dr~'e~g Ao the resioratioo of the Property or upon the uadebtedness seen red hemby~, bu+, payment: hereunder shall con-
<br />. time uzttil tl:r sums secured hereby arc paid ire fuh.
<br />- 5. C- Escrow For 'Pnxe~ artd 1rGwrance. '~cu witistartdl;g arn~;~tini conlai nt~d in paragraphs ;and '1 hereof to the
<br />cuntru}~, A4artgagor ~a{t pa3~ to the Mongagee at the t+me of pa; ir;; the mon[hi}' insta'.Emects , t. parclpal and interest,
<br />aneuweiFxti of the ye&rh saxei, es-;c-csrtknCs,'hazardinsu: a^ce prcm:um;, ar.d ground rrn!s lit art.l nvh~ch may uti&Irt a
<br />-priority over thts ~iottka~, ell a; rea;+.-r ;b!s~.~stink;teQ €rom citric to sure by chr~ ,`dortg;rgec•. The aonocnt•. sp patd shall ttt~
<br />heEA by tke Mortgagee wit3~uut in U+: esY and applied [a the payment oC ;ham items nt rrs~-c".:u which ;:uc~:r amour[:, w:•n~
<br />- dep0.slied.'Ihe xsrms geld ro .'stortgat;ee htateunds•r are pledged as ae?dt_innal ~:ntun_ ~ t,r :.h '-tdehgrd ~ -enirrc by rhi>
<br />.ttkictgt~. Mor:pn,~or,9hailpap f.o Morig81~efi Lhctvrorrtmt of any detieter.er ia~tW:e n tl,t~ actual a:..-s, :re - , ~_r,p:, ,crsurar._e
<br />premiums 'and ground. r>'rts nrtci ate deposits- gr~runder v: iihin It) dad', at[er tirtrand ~s snarl+~ ~tpaer 1 xik&l;t~r i<qur.<.ing
<br />p3y~rnerit thcrvti(,
<br />8 Rerparc. ~tsiF+traance and Lam. Top ern pt'.r r p»t t n~ r ebu 1 h ~ + _r. p Y is nt i
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