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<br />$~~--ss~47~
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<br />~oa.'rcacr~.
<br />Th1s Mortgage is entered into between KINK G. ARNt7ID and MANILA ARNOLDL Husband
<br />o.vr tlri 1'0
<br />THE OABIIS"NATZONP}L` BAflTC OF' GRAfiII?.ISI.~Ai+IT). Grand Island, NE (herein "Mortgagee")•
<br />Mortgagor •is: indebted to Mortgagee in the principal sum of $' ~ ~ ""~ • ~ ,evidenced by Mortgagor's note
<br />datedNOVeII376C 4,..1982 (herein "Note") providing tor~payments.of principal and interest;with the--balance oP the -
<br />indebtedness, if not sooner paid; due and payable on ~'~a' 4-. 1984
<br />To secure the peymemtbf the Note with interest as pmvi~d.therein; the payment of alt other sums, with interest;
<br />advanced by 2r4ort~{er to protect ~khe.secarIty of this Mortgage;-and the performance ottee coveriants.ana agreements of
<br />the bfortgagar -contained h'erein:;M`ai-tgagor.-does- hereby .mortgage- and mbvey-ta Mhrtgagee-the~ fotluwing,fleseri6ed__ - - -
<br />property located in Aa21•-. .~ -County, -Nebraska:- - ~ - - ~ - - -
<br />Int-,Nine (9);.in "Roush's Pleasantville Terrace Subdivision",
<br />being apart of the Northwest CZuax'ter (NtV~r) bf Section Twenty-
<br />- Sever; (27), in.Tcitvnship: Eleven (11} North; Range Nine. (9)
<br />West-of.the Sixth Principal Meridian, Ha11 County; Nebraska...
<br />Together with-alt buildings; improvements, fixtures, streets, alleys, passageways, easements, rights, Privileges and
<br />appurtenataxs located thereon or in anywise pertaining thereto; and the rent issues and pro[i1s, reversions and remainder
<br />- thereof including, but not limited to, heating and cooling equipment and such personal property that ~ attached to the.
<br />)mp~zovements so, ss to constitute a fixture; ai} of which, including replacements and additions thereto, is hereby declared
<br />to be-a:p~rtnf the teat estate secured by-.the 11en of this Mortgage and all of the foregoing being referred to herein as-the
<br />,,Ky.,
<br />Mortgagor further convenants and agrees; with-Mortgagee, as faliows:
<br />- - - 1-:-Payment. To.pay thefndebtedness and the icrtemt tfeerresn as provided iu this Mortgage and the Naae. -
<br />2. Title: Mortgagor is the owner of :the Property; has the. right and authority. to mortgage the Property, and
<br />:warrants. that the lien emoted hemby is a Cyst and prior4ien on the Properly, exrnpt as may otherwise be-set forth herein.
<br />~ The Property is subject ton Mortgage wherein _~_-_.__ - ._- - _-__~__~ ._,.___, r_._
<br />is the Mortgagee, accorded at Beok s ,Page _ ___ _ _ _. of the Mortgage Records of _ _ _ , _____ County;
<br />` Netitaska wh[eh Mortgage is a lieu prior to the lieaereated hereby.
<br />~-Other prior tiros or encumbrances:------._ _ _ ... _._ _ . -- _--_-_--- -_.. _-_ . ---._._~
<br />3; Taxes, Asae~ats. To pay-when due all taxes, speclaj assessments and all other charges against the=Property
<br />and, upon written dernantl by Mortgagee, to add,to the. payments. required under the Note secured hereby, such. amount as
<br />may be saffitaent to enable the Mortgagee-to Pay such taxes, assessments of-other charges as they become due.:
<br />4. Insurance. To keep t)te improvements'now-or hereafter located on the'real-estate descrilaed herein insumd
<br />against damage by fire and such other hazards as Mortgagee may require, in amounts sod with companies acceptable tothe~
<br />Mortgagee, and with tots payable to the Mortgagee. In case of loss undersuch policies the 141artgagee is authorized.to
<br />adjust, collect and eotppromise,, in its discretion; ail claims thereunder at its sole option, suthortaed toeitber.upP~y:the
<br />proceeds to the recWntion of the. Propatty_or upon ,`,':e-indebtedness secured hereby, but-payments hereunder-shall.con-.
<br />tlnue untU tbeautnffaeeuredttetebY:are pa4d.in toil.
<br />5, ~ tw-=le,ar, T~aeS:-a~td-~:. Notwitlisteudtpg-anything eotxtair#ed to Paragraphs 3 sod 4 hereof 3a the-
<br />eanttacy, ~lort{sgor s4att pay to Ute;r~eg:at the tittle of Paying the monthly instal#ments v[ principal and interest;
<br />oeo-tlralfth of the yeaAY taus. waseraments,'hazard inw[anca-pretntums, and ground amts (it any) whiati may' attain a
<br />prtetAty wet this Mortpge, all as maswrat+ly eatlmtttad frwtr time to Ume by the Mortgagee: The smotints so paid sliati be .
<br />MMi try the A6wt~ra without inisrest and. #ppiied to the: payment.o( the items in respect- to which such amounts were
<br />ditpouited. TM aunts paid to Martp`er hemimder era pladged_as.additional security for the indebtedness secured 6y this...
<br />ildert#tde.'llors/sgatshatt Pty to Mortimer for amnttptafantrda5eieney between,thc actual ta%es, ~e,;,,::•s•nts, lnsuraacxs
<br />pangilw+as wad tpotrAd ecru and rite, dtpnsltr-~ aithia LQ days wires demand:ls,made upon Mortgagor tequeating
<br />paYneot -krrwrf
<br />g- il4lgir lladuwaltarart~tllas ~ l~ KDatr: r~ataKS or rebulld.any buildtrtga or impnwrmrots now or
<br />~ oar ~ f: ~ Mp p~ ~ m dgttdsxaaditios add:t~rtir; +K1tMwt waste, oat! Gee Crum mechanic's oc
<br />eAra Wiw teat aap,.,ir Wlll`MCiasta4 tai Eht,s Mananf`. dot ta.tsadte, ap~er of l any twtsartee to exist; nor ca dimin-
<br />- ai w t~rMr Me trYrar d tMe.lM'.!~ ip4g a~ ot.atnlauad fltdct:,Rtd Rrr camplY xith allarquiri:rWeuta.of lar.svltb
<br />tla R-a lRFSY
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