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<br />~iURTGAGE
<br />Seven N, Qzz-ry and Kathryn :t. C1tx-r. Husband and
<br />Th9s llurttage is enfend into between _- __-__ - ----- -
<br />Wife, ~ tVillzam (saes .and ~,nc-s Cis. Hrtsband and Wife
<br />__-- -~--_--- -.- -_----- (herein "A7ortgagor") and
<br />The Oc*erlanc~ 'Saiioaal Barlic of Grand Zslt3nd _ ~__Iherein "~lurtgagee").
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<br />Mortgagor is indebted to !.kortgagee in the pr.ncipa] sum of 5 ll~~~30: ~__ .evidenced by Mortgagors note
<br />dated At.1RU~St 31~_l ~`1. (herei^ ~\otx") providing for payment of principal and in teresti, with the balance of the
<br />Seri.. J, l~J.
<br />indebtedness, if nOt SOGner paid, dtle 8nd pa'. ehlP PY1__-'-.~ --- .
<br />~. ~ Tosecurethepaymontol..the tiotr, with interest a. provided therein, the payment of alt other sums, with interest,
<br />advanced by =dottga>aee•to protect the security o[ this bortgage, and the performance of the covenants and agreements of
<br />the rtortgisor eon4ined hrreirl,- :VnrtgagnC does himby mortgage and convec to b]ortgagee the following described
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<br />-----_-_-- Counts, tiebr2ska:
<br />property located in
<br />I1~LS 'ItLt,t]~}~~-Three ~~~ and TfVf?[Ity i:''OilT ~~.~~, ~y 9Cr@S Sll);ldlti 1S10II,
<br />Grand Island, Hall (,our:t~-, \e4raska.
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<br />'Pone Cher with tdl buildir,~, tmprovrments, fixture., sure ls, alleys, passageways_ ~•asemrn LC, rights, pri slteges and ~L r
<br />s reversions and remainders
<br />h ~ her^to d the gnu sau •~ and pmGt _
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<br />^gparitttaaces located ertron or .n anyw4se pe rump t . - , tie n ... .- -
<br />lhereof; irtciudutR, but not 1'tmited to, heating and ccwirny equipmont and such peROnal pmprrty that is attached to the
<br />improvements xo as to constitute a Sxiure: all of phrclr, including n~piacemPnts and additions thereto, Ls hereby declared
<br />to be a part of the rca< estate secured by the lien a? this y{urt.ga~~ and all of the foregoing txir.R referred to herein as the
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<br />Mortia~nr fu;tberconvrnan4s and agree,;, wrth btort>vag.r~, >L follows`
<br />1. payment To p.y [hr indebtedness and tar mu•mt themm a., prondrd m thts Mortgage and the. Note.
<br />'!. Ti[k. Mortpgor is tha owner of the Preprrts, ha rho nght. and authonh- to morigage the Pmpe rtV, and
<br />vrarrants that the Tien pealed hereby is a Got and poor lien on the Property ,except as may otherwise tae set forth herein.
<br />~; 7Tte Property is subpct to a Nortgagr whe retire -. _. .. _. ---..-_-_- -_-._--
<br />1s Lhe S1ortRaRee, recorded a[ BOOk ~-_.-___ . FaKr _. _ _ of .nr 1tor:~agr Records of ___..__.-.____.. -____County,
<br />Nebnaka, rhieh Mori~t~r isalien prior to Ihr hen rmarrd hr rcby.
<br />E'J Other prior liem rx encumtmina•s: _. _.. _ -.. _ _.... _._____ _...------_----_
<br />3. Taxes, Aarearareeti To pay when due alt Laze';, :;pw~al assesmr=nr~; and aII other charges against the Property
<br />tend, upon ~~riYien demand by ~iort~agee, to add to the paymenu required under the Notx• secured hereby, such amount as
<br />may-be w(ftcient to enable th^_ Modgager to par such tyres, assewsmer, t<. or other charges ac they become due,
<br />i. Insernnte. 'i'o keepthe improvements now or hereafter iocated on the rea3 estate described herein insured
<br />apinst Aamitpe by ftze xr:d such oche[ hal9tds as Mort;[ager may require_ in amounrs and with r~ompanie-s atrrptable to the
<br />MoiLgatee. and vritl; ao~ payebM to the a4t7t1.gagee. In ce`e of ims under iuch policies [he Mort~re is au thori7xd to
<br />adjust; crtlleet and eompromise. ie ita discretion; ail cGinu thereunder at its Bole option, suthorizrd toeitherapply the
<br />- pmceedstcrrhe restara[ion of tine Property- or upcx+ ihrr indebtednegc u~cured hereby, but payments hereunder skull con-
<br />tiuue until the sums zecuaed hereby are paid In !alt.
<br />5. ; t F.acrow For Ty[eaand insurance.. 4otwithstnn d3rg alviTt~rg contained in paragra pits .', and 1 hrrro~ to the
<br />evntraty, Mort~nr sha?t pay,ter the !kiort{tbQcc at She tome of paving rAe mcnthlp in>tallmenU of principal and interc~st.
<br />.one-twrlftkl of-the yeatlr~ta~:es, asrr:~menss. ha!;txd insurance premiums, and. ground rents (sf any7which may attain a
<br />p6o6ty 6ser t2ris hlortijage, all a5 reisonah:pesainu Ecd iTOm time to time by the :tSort~ge e. The amouets so paid shall t>P
<br />he}d' by the Mprtgaigee withoatt interest xnd apptM~d tr, tha~ ;rbcmerr of the hens it re<pect to xhieh such amounts wore
<br />tieponi~ted. "i'he some ~a3ti to Murtgei(ee hereun+fvr ace q!edged ad additioml sectr~t, for tht ?;debtrdaess secured by this
<br />_ '.Nort~a~. iitart~t=r3hatS pap fo ~-Ioftgagee tt;e amount of a<ny dettciracp Ix~tween the ~tual taxes, a;xasments, in'„uraoc~e
<br />prt rnszut5 and grcendmaas and the depvtiih, hervunder ivit hire IC days niter do +nand rs made canon ?,fort Nngot requesting
<br />p~mmtthtirnat.
<br />6. Rcpait..iaintonat±ce and L%ae_ 9+r prompilc re•pxir, rest4 re os sah~_3r: aac bvrldlow, a.r irnprr~venrcuts now yr
<br />tneaftsr care tht• i"rz>peray; to keepth? ProPee~v gas ycr, cnndF?iri„ ads? ~rpair_ iiavu: -+~,ut+, rsnd rn•e fror:r m chanic't ,.rr
<br />alYarY Hr: a< su,t t-x;rrrc?i}' riu,tazrF?ine?tKl tt; ihr {err, bete<,J, rot to „.i~a ~a:Y4t ~v r =rn~k. arp ~apnca• tt~ Yxi,[., nor ~o dm:i::~
<br />ixEi ear ,rt(~rr~ .h, crr.tt" >f uhr Pru~ri:p iya~ arty n.. err. o n>~,.>rt to ¢:,.: acd ',~. cc~rrq, ly Hltr. ~ i n:qu.r,r3..:n~~ n, Varc siU:
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