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~~ -..Q Q ~ ~ `~ ~ MORTGAGE
<br />This Mortgage is entered into between MI~'NEUBEE~f and BRE[~IDA I~'UBFIRT Httsband grid
<br />Wi;?e
<br />_ (herein °Mortgagor") and
<br />Z4~E OV>~iLAltID-NATIONAL HANK OF GftAPID ISIAitID, Graztd Island, NE ._.-.(herein"Mortgagee"):
<br />Mortgagor Is indebted to Mortgagee in the principal sum of $ 10 000.00 ,evidenced by Mortgagor's note
<br />-dated November S. 1982 (herein "Note") providing for payments of principal and interest, with the balance of the
<br />indebtedness, if not sooner paid, due and payable on Atagust 9, 1983
<br />To secure the payment of the Note, with interest as provided therein, the payment of ail 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 does hereby mortgage and convey to Mortgagee the following described
<br />property located in Hall County, Nebraska:
<br />Lot Seven. (7) in Meadow Lane SYlbdivisicm,
<br />-Hall Cotmty, Nebraska.
<br />Together with all buildings, improvements, fixtures, streets, alleys, passageways, easements, rights, privileges and -
<br />appurtenances located thereon or in anywise pertaining thereto, and the rents issues and profits, reversions and remainders
<br />thereof; including, but not limited to, heating and cooling equipment and such personal property that is attached to the
<br />improvements so as to constitute a fixture; all of which, including replacements and additions thereto, is hereby declared
<br />to be a part of the real estate secured by the lien of [his Mortgage and alI of thr foregoing being refered to herein as the
<br />Mortgagor further convenants and agrees, with Mortgagee, as follows:
<br />1. Payment. To pay the indebtedness and the interest thereon as provided in this Mortgage and the Note.
<br />2 Title: Mortgagor is the owner of the Property, has the right and authorih to morgage the Property, and
<br />- -warrantsthat the lien-created hereby is a firs6 and prior lien on the Property, except as may otherwise be-set forth herein.
<br />^ The Property is subject to a Mortgage wherein .__._ .._ _ - __. _ _._.____.____.~. -
<br />is-trite Mortgagee, recorded at Book ,Page _____ ___ of lhe• :'Mortgage Records of County,
<br />- Nebraska, which Mortgage is a lien pror to the lien created hereby. -
<br />^ tither prior liens or encumbrances: __~_. __. _ ..____.
<br />3. Taxes, Asaes~ments. To pay when due alt ta+ces, special assessments and all other charges against the Property
<br />ahd,,ppon-written demand by Mortgagee, to add to the payments required under the Note secured hereby, such amount as
<br />- may 6e suffieient.,to enable the Mortgagee to pay such taxes, assessments or other charges as they Income due.. -
<br />- - - 4. Insurance. To keep the improvements now or hereafter located on the real estate described herein insured
<br />against dacmage 6y fire and such other hazards as Mortgagee rosy require, in amounts and with companies aceeptable to the
<br />- _ -_ Mortgagee, and with toss payable to the Mortgagee. In case of loss under such policies [he Morkgagee is authorized to
<br />- - adjuiit„collect and compromise, lit its discretion, ail claims thereunder at its sole option, authorized 4o either apply the
<br />proceeds to the restowtion of the Property or upon the indebtedness secured hereby, but payments hereunder shall con-
<br />- finite nntit the surrffi secured hereby are paid in full.
<br />s: ~ Escrow For Taxes and. lmsuranoe. Notwithstandinganythingcontained in paragraphs 3 and 9 hereof to cite
<br />conpary, Blvrigaggr shall pay. to the Mortgagee at the time of paying the monthly installments of principal and interest,
<br />ot~-tive}tilt of the ye8dy taaces, asessmcuts; hazard insurance premiums, and ground rents (iC any) which may attain a
<br />prt~tity :lta ~artgage, all as reasoaabty estitnated from Time to time by-the Mortgagee. Tile amot•cu so paid shall be
<br />.heal". by the Mortgagee witJiout interest and applied to the payment of the itemts in respect to which such amounts were
<br />dtpotiited, Ttte some paid to Mortgagee hereunder are pledged as additional securi€y f:,r the indebtedness secured by this
<br />_ ~- MartgatorshaFl pay to Mortgagee the amount of any deficiency between the actual taxes, assessments, insurance
<br />ptelrH;rtns lend griiuad-rents and the deprisits ltereuader within 1D daYs after demand is made upon Mortgagor requesting
<br />-~ _. -payPFent thereat.- --_. - -. - - - - -.
<br />8. 13epair, Afaitstapanaq and Uce, Ta prermpUy repair, restore or rebutid any buildings or ir,~lr.~rvcmrnts now or
<br />hgrsalterr on kite Ptopert}, to Prep the Proparty ln. good rood"rtioq and repair, without wa€ta, and frQe [zom merhanlc's or
<br />otbatt#ans nr~t wrvpre~ly suboMlnated to the lien hereof; not to make, suffer or permit any nuisanc~u 1o eriist, narto dimin.
<br />kth ar imtpair the valr~ of the Prrrperty by any act or omission io net; and to comply xilh all requiremerotx of law with
<br />ra't to the 1'rapvr, p_
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