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<br /> MORTGAGE 83--J ~ G 98 8
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<br /> Ibis %IcwtM- isentemd into between _ Ric;utzd Etcher anc'. liana Pitr,hez,
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<br /> _ (herein "Ddsw~ttagw"1 and
<br /> ~'It~E f'0I i"7'S Btl'1.C
<br /> (berein -Morttaifre"
<br /> MOnPgor is indebted to 34of4WO, in the pri dpal sum a!S b0,_gCtU.00
<br /> demr:; by Mortgagors note
<br /> (herein "Note') providing for payments r•C
<br /> principal and interest v;th th- batance of the
<br /> inde bUrdnecs, tf not sooner paid, ds,e arui payabit onr_. '
<br /> To wcurr, the ptsymtnl. of the !ecru, frith Intc-"-' &I provided therein, the Paymrdt of all outer sumac, with interest.
<br /> adr>vncrd by or the riceidgagrtr contained h
<br /> In. YA! t l~e' and he perform artcr of the cm-t-,anent and a mf mu of
<br /> *ICt! kE1Mbr moatgagr convey hmetre the fe' awlnL dex:tibrd
<br /> ir-
<br /> "eers•7 `:~r•ta.r►+ww ais~•►+r~
<br /> property fos•atrd in
<br /> County. Nebraska,
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<br /> Lot Nine in BlocI! One (1) In Colonial E.:tat,-N Subj!viai
<br /> <<n ,
<br /> in t:'sc C'tv of Grind IslAnd, Hall aunty, `vb'r.isl.a
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<br /> Tc, other with all butidinp, ;>;-%pnovements_ fitturrx, streets, al<ev%. paraagrways, easements, rights. priviierr, and
<br /> appurtrnarc:K 'ocatce. thereon or in arywise pertatnrng thereto. a.-J the arts a suns and profits, reversions and remainders
<br /> thvv,of; including, but not limitcJ to, teating and cov;img ",uipm,mt and such
<br /> improvements St., as W cerislitutie a f rture; all of wh ktt , rnclud!ing replarementsn d additoric hereto. is hereby Rddecclared
<br /> to be a part of u hr real rstatr +*tuird by the Sven of th^i Monpige and all of the foregoing being refrrrrd to herein as the
<br /> -Prwerty' .
<br /> Mortgagor further ronvenants end agnw, with Mcrtgager, as follows-
<br /> 1. P.tyment.. ro pay the indebtedness and the rrtrn,t thrnron a+ provide-d in this'dortgage and the Note.
<br /> 2_ Tttle~• llarGagor is the owi:rr of tht, Proper). hi,; the •tghr and autl•onty tip mortgage the Fropc•ry.:ri•a
<br /> warrants that the lief: crvatrd hervbv is it f;rst and prior lean or. thr Y'roy e+tv- r.tr+•pt as mry otherwise be set forth
<br /> Ftrcin.
<br /> 1 1"he Prop ny vs subiect to a Nartgag« wherr.n
<br /> m the Morgagi-e, :vcord(•d at &nok Page of t:hr Mortgage Rewords .
<br /> r County,
<br /> hrbr tska, which yQork;igr in a lien prior to the Pcrn cs+•rted hrrr•by _ T...
<br /> L' (,`user poor iiecs or rncumbran rs
<br /> a. Taxes" Asse-sments_ To py.t• when erise all taxes, sik•cial assrxsments and al' other charges against the Prvperuy
<br /> and, upon written demand by Mortgagee, to mdd to th.r payments inquired under the N,Yte urured hereby, such amount as
<br /> may he suf,'ficient to enawie the Mongager to pay such taxes, assessments or other charges as they become due.
<br /> n Insuranra- To keep the imprwrmmis note or hereafter located on fife mat estate described herein i%ured
<br /> against damage fsvwland suet other hazards as Mortgagee rnzy require. in aretwnts and -with corr. pa,nies acceptable to We
<br /> payable to lbo Mortgage-. In case of tors tinder such pr.icies the Morgart is authorized to
<br /> adjust, mllect and romprorri6e, in its dtscwtion, all Haire-s therrurder at if_c stir option, authorized toeitherapply the
<br /> procredts to the restoration of the Propmy or upon the indebtedness ,wcurrd hemhy, but payments hereunder shall con- i
<br /> tinur until the auras secured hereby are Iraid in fuel-
<br /> S_ C1 Escrow For Taxes and Irsarxncr, Notwithstanding „uythiag contained ir, paragraphs 3 anti •i hereof to the
<br /> contrary. Sfortgtagor shall pay to the Morgatre at the time of paying the monthly installments of principal afid interest,
<br /> one-twelfth of the yearly taxes. Assessments. hazard insurance prrmiu=. wad ground rents (if any Iwhic_h may attain a
<br /> priority over this Mortgage, all as reasonably estimated frora time, to time by the Mo
<br /> held by the Mortgagee without interest and a ied to thr, 'e- The amount. so pod shawl be,
<br /> payment of th
<br /> deposited. Tfsr reurtu paid to .N.orgugee hereunder war pledged as additional security for the indebtedness secured by this i
<br /> Mortgage. Mortgagor -)hall pay to Xfortgage~, the amount o;' any deficiency between the actual taxes, assr-Arrwnts, insurance
<br /> premiums and ground rents and the depositr hereunder wihin 10 days after demand is made upon 4tortgagor requesting
<br /> payment thereof.
<br /> 6. Repair, Iltairtrnante and Use. To pramptiy iipair, restore or rebuild any buildings or improvetnents 9107 or
<br /> hereafter on the Property, to keep the Property wii good condition and re,; fair, without waste, and free from mechanic's or
<br /> other liens nett exprHnly suhardinattid to the lien IiAivof; not to make, suffer or permit any nubanor to exist. t:or to dimin•..
<br /> ish or impair the ralus of the Property by arty ac'.' art orison to act; wry: to comply with an requirements of law witih
<br /> respect to the Property.
<br /> twa.. t1s.., 1 0,,..,e, I.=VS1:;Zt tt
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