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7Sr., (~'f ~ ~, i SE~h'D MORTGAGE
<br />Ibis Mortgage is entered into between JAMES N'. ENCK AND UFt.SUI~A E. ~'Cx
<br />_ (herein "Mortgagor") and
<br />THE O~L~1ND NATIONAL BANG OF irR4A'D ISLAt~lD (herein "Mortgagee").
<br />Mortgagor is indebted to Mortgagee in the principal sum of $ 3, 518. S6 ,evidenced by Mortgagor's note
<br />dated dylre 22 1979 {herein "Nate") providing for payment of principal and interest, with the balance of the
<br />indebtedness, :f not sooner paid, due and payable on J~~ 2. 1~3 .
<br />lbsecure the payment of the Notre, with interest as provided therein, the payment of all other sums, will interest,
<br />advants3d by Mortgagee to protect the security of this Mortgage, and fire performance of the covenants and agreements of
<br />the Mortgagor contained herein, Mortgagor does hereby mortgage and convey to Mortgagee the foltoaing described
<br />- preperip lomieci in 1~ I County, Nebraska:
<br />Lot One {I) Parl.~c~tir Second Sttbdi~zsion,
<br />AaZ3 Ootattt , ?~F,tarask-~t.
<br />THIS IS A CDl?_R.~^TI~~ >ti!C?A2G.~ 'R? 03RF.ELT L>sGAL DFS~tI.n'I'ION ~' !~I"iiG-~
<br />I~t1~ 6jI2j79 AS ITT ~. ~3-OD3sa'3
<br />3bj+ether with ati buildings, improvements, fixttira, ::teats, aiie}'s, pass:gewags, easemenli, rights, privileges and
<br />]orated thereon or in ar:yvrise pertaining Thereto, and the rents, issues and profits, revetsioru and rrtsaindtss
<br />t3rseod; indnd~, bat trot limited to, heaTinE and tooting equipment and such peesonal property that is attat3red to the
<br />aspeszaemmTs so ra to c~tnte a ft:ture; a0 of vthith, includrrg replateatents and additions thereto, is hereby declared
<br />to be a prat of the tad esTatr saetued by the rim of this Mortgage and all of t3te foregoing being r+efetmd fci herein as the
<br />°,.•
<br />fartabcx toarenaaa attd afters, w'sth Mortgagee, as foiiows:
<br />L P+9'~ To pay the ~ attd for interest thereon as provided is This Mottpge and the Note.
<br />#. T9ie. is the owner ~ the Property, has the right asd attthorih to mort$a„`t the Property, and
<br />tvits~s thrd tlsr teen ar:grd t is a fiat Sad prim lien on the Progeny , er;erpt as atag ot3rerwise ~ set forth heroin.
<br />l=l 'the Property s subject u+ a ; wherein
<br />9c the 7twtpMpae, rtcorded ai 8eok ,Page of The liixtgage Recesrds of _ Gcunty,
<br />?fie. ~+- ~ a ~ p~ to t~ inn ~sted'..rrebr.
<br />C1Tber luicvr ar eaates:
<br />3. ~ 1 lb pay ,w#cea due all taxes, spade] ssacssments and all other tbarges againci the Property
<br />aad, due ~ dt~and ~ ~, eo add W the paA~nts required under the NoTe secured hereby, sorb amount as
<br />~ be tauf5urat b ~ for Mom;aBer to pay sndr taus, assrssraeau or other ehat},rs as they become due.
<br />~. Lattmee. To ioee}t the imlaowrmrrtts nose ~ hereafter ksrated on the real estate described herein 'assured
<br />dam by fire and other barards ac Mortgagee map require, is amounts and wsth companies acceptable to the
<br />llort~re, ~d ~ hta pttyalde m Wt . in rase of loss order snch policies she Mortgagee is authorized to
<br />„ ee~et and coase, is its dfaetebao, sfi tlaimc ~ at iCS cote optics, attthorized to eitberapply the
<br />pt ie'tibe as ~ S rr epee ~ secured hereby, but papattBta hereunder rbaii txw-
<br />;tiawe ~ rate ~c sec~ed f ate ptrid ~ fu)~
<br />5. i7 ~r Far TmE a~ 15awmtaee.:tiotvat~ttndmg asythutg contained ie paragraphs 8 and 4 hereof is the
<br />30sti~a0ar ~ paq to khe lhrryapae at the t~ of pttvla; the monthly ittsLlimeets of principal and interest,
<br />a+i tits ;t~*- texas, #s l ~ F.rentitt~, sad ~#a"d rant (if any) nrh.:ct racy attain a
<br />pt otttx 1lda MCttye, a~ as try from tip to time by the MtrrtgagC+e. Ybe amouata so paid shat! be
<br />Osdi ~ the t atad aPpiied to the payment of fire flares ltr respell to vrhith such amounts were
<br />dt~ilad. ~ atttsia plid b Ida aria pkd~ed as addtiiwal seewdrty for the indebtedness aetured by this
<br />~1Rf ip ~ t>ke smoent of aap de5dracy bettreen the acenal taxes. assessma4ts, instrn-rce
<br />lit attd ~ettettl ltstda ~d ~e dt 1 arlthHt 20 daps after dernand is erode upon Mortgagor requesting
<br />B. l~adtrr,l!>a~maraa and LA-. 7Vo prwrtptiy repatr, resWrr oz tpbuiid any brtilditrge or improvements now or
<br />l6ec~a toe Prapaty; xo #ap tAe Prvpeti}~ ir' yaod kioa and repair, without waste, and free from mechanic's or
<br />~~ ~ Y ~ tti ~ 1im hraerud; act W snake, coffer ur permit 8sy nuisance to exist, nor to dimin-
<br />ii ~ lire tstfre of tree Y ttP coq art at omission to act; and to rampiy with elf requirements of law with
<br />- to tbB IYt~perty_ -
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