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<br /> 34:----rt) o 0320
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<br /> REAL ESTATE MORTGAGE
<br /> ((open-End. To Sedate Present and Wh1re W'90t'a+s and AdVOTI s)
<br /> Frank & Nancy Zavalat d/b/a Golden Shears d tr+arwrra's.
<br /> KROW ALL MEN By THESE MSEXTS Than
<br /> jointly Ira Seim". rtsll7in~ in Hall ~ Nebras : ana it s curpoe i it or np+er toss entity. wteh its
<br /> Hill y Ne ra a ~ibas "bt' Merigai pr.•l in tonsidera•
<br /> mnval pfxt of business in cWhil r
<br /> - ( Company
<br /> trol~nercia Natrona a & ust
<br /> tenon w ad Mortgagor s iri7ebtedness. aa►air2ies. a!md ~ rte .
<br /> of Hall County. Slated Nebraska f' 1tdrlgagee wee eEtom or tweew witwed, Ira othear vatlow Consxderabon'r, hand tame.
<br /> does herd y sea one convey unto m tgsyee The toftrmg d#cftw pr"ses s,tualw 0 Haf1 _ y W4 SU* of Nebraska
<br /> Lot Four (4), In Virden Subdivision, in the City of Grand .'island, Hall CountY,
<br /> Nebraska
<br /> tege1W, w,Th al of I" right. Tdie, and intetesl of Pit TAartgagor in said property min owe,ed a fie "Ile to ler! And aN bu>dh,gs iwmprovlrrenlS and ftwtufes a any type
<br /> now or '.W e'Off ciactd on Sand real (Yoperty am All O SpMntS, IsPIS tA4urter+anC1es. rfflts. rOYA",<S 01 and On rrgltfS and W OM wain water r,ghiS and .rarer %tacit .
<br /> and iy fixtures taw x hefeallrr arfached 10 lee torepbing deSCr,oed oro0erty. an 01 which ihckidim frtvLA;•rV0ft a,+MT add't,ohs thereto. sw be dlet!`rd ro O► amt nematis
<br /> par d lie pfooe•ty covered trY this Mortgage All of the faegang property shall to coiliKtryef'f here.Aatter re4fe ird la M IPt over v%ft
<br /> Januax1► 18.f-.1984., nlheonncrrafwTd Nine Thousand
<br /> T his mongagt it q,ren to Stcu!r it cntai,n DrOrnxssOrY note A,ned
<br /> .
<br /> T and.r+trest tYrf Orr accad•ng ro ire tern n d
<br /> tk#iirs i5 , 9,000-00
<br /> -~,p4.1_lars -
<br /> sale nose and any and All SrtenS,Ons renewals rvdihtatWS a Subst!tut,dns trW*Ol and faCh avid every del WLsixity and Obagalf" of ewv fill! and deSCtV.0" which the
<br /> httl„er Sucm-.•_.. _ .._..w..
<br /> M000A a may now or at any Time hefeaffir owe to the Mortgagee. w Such deaf MaA*ty at OOregalipn nsrN firsts at is or rhay to dMltt Of rr,dxrec• Cu,! Of 110 becort+e
<br /> eve. absVole or cor0'19"I pr,nr4ty 7 SKOrl:Jry. ir4ut0atete or unt,glwteated.. a IomT, several. a ltlr" f ar+4 Sevt>•at air such lkots hatrrfrtwi and t,phg)IiOns ai folkttnrfy
<br /> hereinafter refired !,)as Ctt,gat>ons
<br /> The total pfinc,oat amount, exciusnre N interest. d. the Oblrphons teu"udrrrq any futwe debts jevwKes kabrhtes cr Obkgaitons, not ncWd'^g hogevet any sums a0•
<br /> lanced IV The Dreitct,on of the prevrses of the Uorlopee s :rerrest r.,eftKn. snaa no exceed W', of '!Eig)jtFeen Thousand Dollars-____-~:'
<br /> Colws Dro -deb. tbwever Thal notrw*g Cantdrnec tweet shall constitute
<br /> a cOr,-Imient 1o _rr.-a add-"! rat or Tutu Te bans or advances in Any a»bunt
<br /> T r.e Mortgagor t,treby warrants roil it is fee owner of the mortgaged real prtlpr_t!y 11141 it "M de!end T'+e `tire eg2onst as :ta iii lls Ii ho.-Aever and 11 rerr:GurSheS am
<br /> rights of homesieac in sate Pr Cruses and Covenants and agrees am, the Mortgagee a: tongues
<br /> t i o pay wren due an taxes. her+S, ivdgnlents w assessments which may be tav Vyr assessed 3;arntt the FT"ws and the rental charges u=, astir bmses assigned
<br /> as adCilr^a, stcur,ly for tars mwgage
<br /> 2 To msure am ►m rnsuted The Ptemtses and other irrvovenItfits rrw Mar whtCh mar hereafter bt placed On Saxe ftrernrses I • the sal,stac! on cl the Mongafee
<br /> Any Doc}' evicenc,rrg such insurance Snarl be endorsed voth a mcvtgagee Wi. payatde cla.-A, apurbved thr aft in favor of t. origagee an moved with Mortgagee and
<br /> w1111 any loss Iner^_undtr to be Dayabie to Mortgagee AT The option d The 14101195-g". SUM SO received br Mortgagee Or Matgaga Mali, L used to pay to f1`C0nSITuKIr0n a
<br /> the destroyed Prtrnises, of it not so apol•ed may at the option of Tie Mortgagee. be applied a' payment of X11 v fth9e ons featured or unmahred secured by MIS Mortgage
<br /> 7 To s"D all tlvAdv gs occupied and in good repair mid b retrain Itpn 1I"e Cor+vressron of any ac" d to-7.1' oen *bon of Argil r^Ient W the mremrS►S nor ro Cvt Of can remiNr y tle,rr41 to tee cut or remtl'red. any wood or timber irom Sand teat pr7X}es1y. Ate not to Cafvlrl or Det^m'! any waste 0n rm9~ " le jalUe a the security tl! the Sod
<br /> vousiy practice aoDro%te methods of irm,nq "Said N rases. tv prew"I a WW. and the Spread of noxious ar ld darna¢tr'+
<br /> a T hors all money a-a awards bayabfe as damages Or t(4T4)tnSaf6n tot K, tiaking of I ft to or pawssren cf. to for darhage iC Arfl pirt!btt M the orn^ises OT reason d
<br /> any rahderne.^n er itnt domain, change of grade, or silver prvicee6rig'shaw. at the won of the MOr".+igee. be turd to the Mortgagee. and such rrtontys and awards are
<br /> heretly assigned it 1A00gagte, a b fudg-tent therefor shad be entered Ill tavw oe Mortgagee. am let" tJtrd shah be taste. at its orphan. toward the oayrwnl of Tne Obf4almons
<br /> secured het ety in such Veer cr ryiannef as Mortgagee fray derreor defermwle. or sraN be used at Its ofamon Vr Pfrne'n M ,Trr^S + not lie So
<br /> 6'• nd a amoa+n
<br /> payment o! wrd{h I! 115 Mortgage IS given as Security. whether the Saint be then due or fad, and xn Such ceder ~ rw+r+~ ~j~ ON IMt MOrTgagK
<br /> used stun be ttieased by The Mortgagee to the Mortgagor Such M)OV.atwn of release shah not awe or xeinefarrt t=L,' L+a[
<br /> deems rT necessary to appear or answer In cornkrmnalivn ar:hon, heanng of Gnc"Mg yvfgaga she pay of 10Aerr7rftntfLro~tm t Rhbeettrrth'tinder(hng but not him
<br /> pe*clMmi, ship be added tU the ONrgat,v^s secured heretry m
<br /> deb to altorr"- lees and court costs. and unt:f so David, such eipei`ses, with Interest at tare fate of _25-5
<br /> such manner it e-0er as Mortgagee may desire or deerrnine, h2wng The benehl of the hen Created hereby as a Wit heed and of ITS Dwil1y
<br /> 5 That in, Ine event Mortgagor UPS to pay when cue any to-res, rental charges tlpa, any (eases assigned as arkar hoAs secuhty for tars Mat4av hers fvdprsn nis of
<br /> assesSn er't5 uw'tul'y assessed ag#msi The prern im, of lots to marntain inswance as tweinbetore provided- Mortgagee My make Such paymrMt or provide Stich insurance,
<br /> and the amanits) pa4 Meretpr shall bect(ne a W!1 (Aft Cthgariony secured heret-_ due and payable tmned.ate,y arw setae Ue]r i,teresi at ten ra!t a _ percent
<br /> per annum from and at the time the Mortgagee rrakes Such park~nl
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<br /> b That in the [,rent Ma Igaga defauns In the Day*^eht of any of the Oiftations or Owl tnleresl rtnereon- at the Time when tre Saint sham be out. a win respect to arty
<br /> covenant or conCil*fl t,efeU then, as the option of Mortgagee, the entwe Obliptmns secuted hereby shall forthwim Dec" due and payable and iii! Mortgagee may
<br /> meduley ibraclost tros Mortgage of put" any ocher available mega' remedy. In the emit of any action by Mortgagee to enforce cooectton x any of me Obligations secured
<br /> hereby the. NOrigagr. agrees that any expense rncludeng without ti'MUtion Atilainers' tees and casts Incurred in connection Inefemmi or incwted Itl prmure or ' emend an
<br /> atniraci of nlle $Nlr. WTttxn incurred or paid by Mortgagee became a part of the OtitrotiomiS secured hereby and Shad be paid by Mortgagor togetrun with all of I" fixable
<br /> costs of such amen
<br /> 7 Thai in the event any action :3 brnught to torecfose tees Mortgage fair all or any phi of the Oblip6oeS sectored hereby. IN Mortgagee shad to enlftfed to :rrnud,ale
<br /> wsses-.irl of me mortgag `Q premises, and the court, of a jtrdge thereof in nation. may 2ocm t and She Mortgagor hereby consents 10 Ilse appotntrrv-d of a recerver to take
<br /> pairs to improve•nenty ucon the Precresess,, arecent rents and nd make any other exlpeimdrlures authatled by the X11, amoneys nd apply." sisin ~rtemarrrrtg alley The~paymeti atcsuct autMar~iZdeedd ex'
<br /> pendilisres upon the 0bfVll0AS.
<br /> t3 Thal lariure a deny of Mortgagee to exercise any of its rights or privileges or to MtW uw strict pe Inarce of astir covenarts or agreenC is of Morgagor contain.
<br /> ell in this Mortgage shai "vet be construed as a waiver of any requeeryrent or obhgatwn of Mortgagor or r" of remedy of Mortgaget contaira!d in or tased upon any of The
<br /> Terms. wov,Srons. weeTments or covenants of This )mortgage or any !.,mute detauft.
<br /> S Thai to rase of detaad in the payment at arty d the ObffRiaUarts or in case of prrnent by Mortgagee of any pen- Tudg"rcnt Tax. Insurance cast, or expense_ sre
<br /> Mofipgee shad have The Driv wrlhout declaring the whole mmtlebtedlreS$ ale and payable. to tora-fose an acCnunt of such spealic defaull for such Obligations as are in
<br /> dttauh ante such foreclosure aoceedu+gs may, be had and 6141and des: 1W hew. may be sold. subject to the wmpaid Obbgations hereby secured. And liar Mortgage shad
<br /> continue as it ben for any unpaid balance of the obfiptiais.
<br /> 10 Mortgagor asS,gnS and dekrenS to the Mongagve ail right. title. uft'est. and dernand Hand to rents and profiis at the Premtses and dots assign to Mortgagee Am
<br /> leases of The Prr-?rses now at hereafter made. vrnrten or oral. and doer CmpO'Ner twatgagee ld WOW and receipt IN ad rents Mor p9m direct$ ad tenants W pay rent due of
<br /> to becbr+e date to Mortgagee. Tile term of this assigwilent is unN The 0091500i a,~• 192y paid. This assq*rnMt Shalt not became ocratrre unless (Whin K made on the
<br /> covenants, Terms, and wnddtans or Any of the ObIlphons or 11115 Marfgage-
<br /> 11 If arty part of the Preen ses in tranVerned or sold t rilhwt the prior wrftW coeserd at the Mortgagee, die ObNgaboft "at the opt[rm d me Mortgagee be sect aired
<br /> irnmediatefy eve and payatrle ante lids Mortgage may be k[edased as sd forth in paragraphs a ark 7 of this Mortgage.
<br /> 12. That fie Prt+ntses are free Arid !dear of aN feels and "Icumbrmres whatsoever. adept None
<br /> 13 In the evert Mortgagor shoe, Without the prior wytgert ca+serit of Mortgagee. mortgage air ollierw W enicumbu the Premirses or peieid Ifte Premises to be w
<br /> Cymblred In Iffy Tashion. Then sitortgayee "lay. at Mortgagee •s optiee- declare an gbews"M to be amedixt, aw arld patrar>k and in such ereea tlrs hemigage may be tore-
<br /> closed as set forth In paragraphs 6 AM 7 of this Marfgage
<br /> 14 I hat f any, ptviresmbns hereof shdnld be head ar'rare. mms s+ach pr,tMSixft shaft be [[[fire tat0arab4 hanm the rewewreq drotrrsmans arrt elan M ro itgy
<br /> ailed one irs" of This uwtpp
<br /> CNO ao ;OC n IN
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