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79-t~:~].825 ~ O (~ T G A C E
<br />This Indenture, Made by and between _A!~lVQTD J. PIACI{E .and DARA J. PIACKE,_, Husbar . and_ Wife.. -.....
<br />__...
<br />_- - _. _. _.. -_-_... _.. _ _ __ _ _ whether one cr more hereinafter referred to ae mortgagor
<br />and THE (7i7ERtANp NATI~L BANK QF t~2AAID ISLAND, Grand Island, Nebraska, hereinafter
<br />referred to as "Bank"
<br />The Motigagar for and in consideration of ($_.31,30A..0.0 .) -------_-_-~_ ~_4-.,__~
<br />. THIItTSC Ctrl 2HWST~t~ID HI)IQLIREB , AAID NO/lOf}-------------_-------. DOI.I.AR.S, "aid by the bank
<br />the receipt whereof i& hereby acknowledged, has granted, bargained, sold and rnnveyed, and by the presents, does grant,
<br />bargain.sell and tronvey, ants said bank, the fallowing described real pmperry situated in the wunty of . __ Hall__ __,,,,,,,,,,,,,__. ____.-_..
<br />and State of Nebraska, to-wit:
<br />A tract of land tx~risir_g a part of the Northeast Quarter of the Northeast darter
<br />{NF}~d) of Section Twenty ~ (21) 'lbFmsh.ip Eleven (11) North, Range Nine (9) Fdest of
<br />the 6th P,M., in City of Gra1•r3 Island, Hall Oourty, Nebraska, described as follows: To
<br />Ascertain paint of beginnil°tg, Start at the intesection of the westerly line of Elm Street
<br />with the southerly li.I>e of Anna Street; thence running southwesterly along the Southerly
<br />Line of Anlxz Street, a distance of Three I3unctred 7glirty Four (334.0) feet to the ACIUAL
<br />point of beginnirr3; also being a point on the west lute of C1ebtlrrl Street as cnrtd~l¢Zed by
<br />City Cg3issaztce No. 1591 Dated February 2, 1938; thence continuing along the southerly
<br />line of Anna Street a Distance of Eighty Five and four tenths (85.4) feet; thence
<br />(Continued on Reverse of Mortgage)
<br />together will; all the tenements, hereditament and appurtenances tc, the same beianging, and alt the estate, title, claims and
<br />demands whatsoever of the mortgagor af, in or to said premises or any' part, therc~f: and said mortgagor does herebg cov-
<br />eIIaat, that the mortgagor is lawful3y seized of said premises, that said premises are free from incumbrance and mortgagor
<br />tci13 warrant and de#end the titre to said premises against the rlsims and demands of ail persons whomsoever.
<br />PEDVIDED ALWAIS, and these present are upon these rnnditinns:
<br />~a~_B]" as tI~ n,., . ~~ a ,za s.,,t ~t;~.~,.~ .,, .,m uaa>< a certain
<br />dat~i April 2, 1979,pfor $31,300.00 with interest at the rate of 11.0$, payable in
<br />mortthiy installments of $595.78 each due on the 15th day of each lnnrtth oatmencirtg May i5,
<br />1979, with a final payment ern,al to the entire unpaid principal balance plus aecn~eci
<br />interest due OSl April 15. 1985.
<br />sad lass agreed to maintain fire, uindstozm and extended rovers}-e insvrance or. said premises in amounts required and in
<br />ttvap~anies approved by the bank and u-iih standani n~angage clauses w}:ich policies shall be delivered to the bank, and has
<br />_ a~ to pag ail taxes and asses-sment levies. scxi nrt said premise=_ bef•}re the same cecame v'ztinquent and to maintain said
<br />premises.
<br />Naw, tbete#ore, if the martgagnr shah knmp:c n-tth al? of the pnn^sians of said note and the provisions hereof, then
<br />these presentstthall be nnfl and ccid.
<br />Ilo3erer, ii the above trt-te and interest t};e-r.,n c•r any payment; cafk~d for thereon sre not paid when due or if say
<br />of t3te ooveaanis of this instrument are zsot _ampi~_ w-:th, the tank, nr the itaider hereof, at it option may declare the re-
<br />aaainiag• balance of said indebtedness due and payabir and r,:sy maintain an setiaa at iav.' cr in egvity to retover all amounts
<br />dae sad enforce thr provisions hereof. Ir> the event cf the failure of mungagor in inairtain the prnmisea, or to maintair.
<br />iawraace u is above provided for, or to Fay taxes ar ascessm<~ntc, Lhe hrlder henv~f may adrante the sum or auras x~eceaaaty
<br />to obraia rwmp~lianee sad sack smaunLc shall be addad to the amcw:t due on the above mentioned note sad bear interest at
<br />Ylae highest legal rate.
<br />IS IS Ftt$THER AGREED, than tuartga~e shalt rnrsitatr entire he:YOf, that this mortgage is security far not only
<br />the ameunt adsancrcl ronruzz€ntly tr-itt; the exer~~t-or. b:--e;.f b,:t al: fn~,r,-e ada-ancc-s u-hich msy be made st the option of the
<br />patties er their ass#gas vp to t&e Lital ama;mt stated :n ~h,> mortgagee. *_a the lama extent as advances originally made harr-
<br />aaeier. F:uther notice is lseseby gives That the :rnor of each dtortgat~ \ate including t_ite itrereat rate, paymer>t, maturity,
<br />pemaltiea, sad vthez terms shall es+rk urreetly upi.n rxex _~ien lx:ren:e a pan- °f this Ta?Kga>re.
<br />IY 1& 1F't::RTHER AGREED, that the said ado.^_gaecr shat? and ui;l pay al', taws le~:ca upon ibis mortgage ar the debt
<br />tba=.eLp, g ~it~ a±+y •±Lvr taxe< <r asp ...r.^.t~ _..r^. n;a lam- lss-i~d attsdr= u4e ~.a~ of A:ebraska. agaaiast th€
<br />said ~ or the legal Aoki:-i of the -said },~rei~3~uzess e*: ac.,.unt ~ f tWis ncresirdnes.~.
<br />IT 3S FLRTHEB AGREED. if s*. any +~mr, u~i ~:S:e mozigat;c :s in eficct as;d tLe notr fur which this mortgage is
<br />_ gives as suuzitp, or any gan thereof, reraaias vn_l?ssd. t!:< andrt~~k~.mi }1-.~nt-ait<:+rs se};, .-f,Fa~ry r.r rnntract to sell the zeal
<br />es7sdt .'satire deset'r-t+ad. rs any part tireiraf. or the \Sr:rtgagUrx 3,• a:~t aat'<' rr rra:r is :.sue titrr to said real estate or airy
<br />part tleerea#. then and io any xurh Fernts, t?~e ASc±:'teage'e :uar. at it3 .,pi3un, de;Tarr tr,> unpaiil prin.-ipaI !~aiance, and intrmat,
<br />of Lba salt aatvred hereb3 imiaediatz3r due and psy'able. i_t i±•r rrr.+. +.%at *....~~r pre.^.n~sr. are not :*.evc-. or should ?tereaftez, not
<br />be ore~ded lsy morttain~r then thin instrument -tin?' :nSLt ate an aessgr,mc-nt ,~f rrntais and srrc~ii-e of a ropy 2herenf upon the
<br />aowpaai slsail be aut#irirni t,. rr~rare all payment frr ~n;s3 e•r ;:esz t.7 thz pre^~stset, aster date of sure, arsvire to made to
<br />tba_.._- ._._t''.T>e3 _ ..da' of .. .-~~~.. _.. _...- E9. .~~.
<br />Ia preaeare of
<br />_.___ . - ia~f.e~. 1
<br />.Darn ,7: P - ~'kP
<br />__
<br />__ '~,-
<br />Slw3E ~.......-_-- _,. ... . c-ounit' of . )dAIZ - Ar~ld J. Plat-irc and Dara J. Platte,
<br />-- _.
<br />- $afste sae„ a neq.ar_r pisblw ;itzalifx:.i ?er staid -; cc.-Rty, rcrsc,:,s?ly razs;e walla aI7C~ Wl£9
<br />- ; ~ sae ^~' .br 'L$z 3enrrra: p,s cr perscrrs x}a sign~c?Ise f~r~gatag ;nstr¢mtnt ann ackrowledged the rxerutian there-
<br />Rd m 1>K I~ia. ;~ az darlt swlntntarY set ar i a+.~ct
<br />Xt1d•asa aq lsrid sad avaaarial awl an ~ ~ , 14 ~~
<br />~.__ .._.~,f•, Nzury Public.
<br />- _ - - ~__ .- .__.` _ --._-. i Entered on numerical index and fried for record
<br />~.
<br />'~~ ------~---._ .._..- _ _.-.... l its the Regirur of Deeds 6ffiee of raid County the -
<br />-~..~x....._.....v-....dad of.._..._..__...---_._....._..._. :F ... .. ac .._ .... a'tlark and n:inntes M.,
<br />oA reemded ~ Bao>t__.-- --...._ _,_ .__. .#-_ _--- __ -. xi Pa1Ce -
<br />... .. - .... fteg• of Deeds
<br />- - By --_ Dsput,
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