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<br />~%t~tlAfs,C.t-S D. Rr`.)J:ii:(MAJJ r~,i'~tD ~Jtii'JEi' ~„ ei,tus~.~'+~fr~d, hi~r~nas., .~dmrd ~~r`if~i~~ here~alr: called 'the
<br />r'~Sor°tgagor uahether one or- rnare, in consiidrr ~ratir.~~n of ~ (+,,IIII~J!vdQED -a~iE°JTi ~~IlJ'~At~JG~~ ~~'J~ iJ'CJiC~tll
<br />______--------------------------- - -----_--__Dottars Ioa^ned tcu Saud '~Eartgagar, does martgagp
<br />to HOME FEDERAL SAVI;JGS AtJD LOAM P.SSvClAT10N, its suc;.essars and assigns, the following
<br />described real estate in HALL County, Nebraska: A TP,ACT OF L HEAD CO`r~PRESSFJG A PART OF
<br />.THE NORTH'rr'EST QUARTER OF { R i-Ir•1E~7 QUARTER (iJSq-N'vJ.-.) t7F SEC7SOiJ E1x-iT ($), T=1tr'iJSNIP TEhi
<br />(10) NORTH, RANGE iJINE t9) WEST OF THE 6TH P.t>i. !N HALL COUNTY, NEuRASKA, %tORE PHRTICULARLY
<br />QESCRiSED AS FOLLOS,S: 3eg inning at the northeast corner of said Northwest Quarter afi the
<br />~sorthwest Quarter (iJWwhdvw7; thence southerly along the east line of said Narthwe~t Quarter of
<br />the JJarthwest Quarter (iJW:,NWw), a distance of Five Hundred Thirty-Nine (739.01 feet; thence
<br />westerly parai{el to the north line afi said Section Eight (vi, a distance of Three Hundred
<br />Twenty-Seven (327.0) feet, thence northerly parallel to the east !fine of said Worthwest
<br />Quarter of the Northwest Quarter (NW;,NWµ), a disfiar,ce of Five Hundred Thirty-Nine (539.Oi feet,
<br />to the north line of said Section Eight (8) thence easterly along the north line of said
<br />Section Eight (&), a distance of Three Hundred Twenty-Sever (327.C) feet tc the place of
<br />beginning and containing 4.046 acres mono or less.
<br />and all easements and appurtenances together with all buildings, improvements, fixtures
<br />or appurtenances now or hereafter erected thereon, including all apparatus, equipment,
<br />fixtures or articles, whether in single units or centrally controlled, used to supply
<br />Beat, gas, air-conditioning, water, {fight, power, refrigeration, ventilation or other
<br />services, and ar.y other thing now or hereafter therein or thereon, the furnishing of
<br />which by lessors to lessees for an unfurnished building similar to the one now or here-
<br />after or, said premises is customary or appropriate, including, but not limited to, screens,
<br />window shades, storm doors and windows, carpeting and other floor coverings, screen. doors,
<br />awnings, buiifi-in dishwashers, stoves, refrigerators, ahd water heaters and alt renewals
<br />or replacemer:ts ttrereof tall of which are intended to be and are hereby declared to be a
<br />part of said real estate whether physically attached thereto or rot.) The Association
<br />is hereby subrogated to the rights of aII mortgagees, Iienholders and owners paid off by
<br />the proceeds of the loan hereby secured.
<br />TO HAVE AiVD TO HOLD the said property, with said buildings, improvements, fixtures,
<br />appurtenances, apparatus and equipment, unto said Association, its successors and assigns,
<br />forever.
<br />Mortgagor hereby covenants with said Association, it<. successors and assigns, that
<br />P~lortgagor is lawfully seized of said premises, that they are free of encumbrances, and
<br />that Iortgagor wilt forever warrant and defend the title to said premises against the
<br />lawful claims of all persons whomsoever.
<br />THIS MORTvAGE IS GIVE~J TO SECURE: (I) The payment of a Note executed by Mortgagor
<br />to ~'he Association bearing even date herewith in the principal sum as set forth above,
<br />which Jote, nrincioai an~i interest, is payable in r+e:~~fihiy installm?nts according to its
<br />terrr:s, with a final maturity, unless sooner paid, an the Ist day of November ,
<br />1999- The holder hereof shall have the option to acceEerate the maturity of the hate
<br />far- which this mortgage is given as security, at any time after the IOth loan
<br />year after first giving the undersigned or the then owner o. the premises described herein
<br />a written notice three months in advance of its intent to do so. Any prepayment of
<br />principal made by virtue of the exercise of this option shalt be without prepayment
<br />premium. (2) Any additional advances made by the Association to Mortgagor, or Mortgagor's
<br />successors in title, for any purpose, at the option of the Association, at any time before
<br />the release and cancellation of this tJiortgage, but at na time shall this Mortgage secure
<br />advances on account of said original Hate and such additional advances in a sum in excess
<br />of ONE HUNDRED TWENTY THOUSAND AND NO/I00----------------------Dollars; provided that nothing
<br />herein contained shall be considered as limiting the amount that shall be secured hereby
<br />when advanced to protect the security or in accordance with covenants contained in this
<br />dartgage.
<br />Provided, nevertheless, these presents are upon the follawing conditions: that whereas,
<br />the said Mortgagor is a member of said Association, has executed a note in writing to said
<br />Association to repay sum of money, with interest, in payments as set forth in said
<br />ivote, and any and all additional advances, with interest, and has agreed to abide by the
<br />Constitution and Dy-Laws of said Association, and rules and regulations adopted by its
<br />cioard of Directors; and agreed and do hereby agree:
<br />t. Ta pay the indebtedness hereby secured promptly and in full cornpliance with the
<br />terms of the aforesaid Promissory Note and any other notes or agreements for additional
<br />advances as provided herein and of this Mortgage and further agrees that at the sole option
<br />of Mortgagee the time of payment of the indebtedness hereby secured, or any portion there-
<br />of-, may be extended or renewed, and any portion of the premises herein described may,
<br />without notice, be released from the {ien hereof without releasing or affecting the personal
<br />liability of the Mortgagor herein for .the payment of said indebtedness then remaining
<br />unpaid, and not change in the ownership of said premises shall release, reduce or otherwise
<br />affect any such persona( liability or the lien hereby created.
<br />2. Undersigned reserves the right to prepay this note in whole or in part on any
<br />installment payment date prior +0 5 years from the date hereof by the payment of aIi
<br />accrued interest to the date of such prepayment together witti a prepayment fee. equal in
<br />amouht to 180 days interest on the amount so prepaid; and if prepaid after such date there
<br />shall be no prepayment fee. The prepayment fee ~o charged shall not exceed the maximum
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