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,REAL ESTATE MORTGAGE
<br />
<br />e.
<br />er -- -MORTGAGOR(51: r,. e ~o e -e ~~.,*~.r Dose s »,,.e
<br />MORTGAGEE:
<br />AVC:O F#NANCtAL SERVICES
<br />i. _
<br />,NEBRASKA
<br />AGREED RATE OF CHARGE ON PROMtSSr1RY NOTE EXECUTED CONCURRENTLY HEREWITH:
<br />AGREED RATE OF CHARGES: 2°6 per month on that part of the unpaid 6atance of the Amount Financed not exceeding $1,000; 1 %9; per month on a
<br />part thereof exceeding $1000 but riot exceeding 45pR0; 7'L":, riot month nn the remainder
<br />WITNESSETN, that Mortgagor(s), does mortgage, grant, bargain, sell, and convey, unto Mortgagee, its wtxessors or auigns the following described Rea) Estate
<br />in the county of,i ~i+l.L ,State of Nebraska, to wit:
<br />together with aB 6uildmgs and improvements now or hereafter erected thereon and aft screens, awnings, shades, storm Bash and blinds, and heating, Iigtifiag,
<br />---- plumbing, gas, ele.^"vie. venti!att^g, reftigerat ^g and ac-conditiu:rng equipment use in esutneUion rheraw'tth. alt of which, fet ttr€ purpose+~t #Irix mortgttga,..
<br />sha0 hr deemed fixtures and subject tv the lien hereof, and the hereditaments and appurtenances pertaintng to the property above described, and aft streets,
<br />', lanes, alleys, passages, ways, waters, water courses, rights, tibertles and privileges, whatsoever thereunto belonging or in anywise appattaiairig and the reversions
<br />and remainders, all at which is referred to hereinafter as the "premises".
<br />~~, --TO HAVE AND TO HOLD the abovedescribed premises, with the appurtenances and fixtures, unto the said Mortgagce, its succeuon and assigns, forever, for'-- -- --
<br />--rho purposes and uses herein sat forth, free from aB rights and benefits under and by virtue of any Homestead Exemption Laws of Ne State of Nebraska -
<br />which may be enazaed, which said rights and benefits the said Mortgagor does hereby expressly release and waive.
<br />- -Mortgagor arse assigns m Mortgagee a0 rents, issues and profits of said premises, reserving the right to collect end use the same, with or without taking-- -
<br />- possession of the premises, during continuance of default hereunder, and during continuance of such default authorizing Mortgagor to enter upon said preritises
<br />and!or to collect and enforce the same without regard tp adequacy of any security for the indebtedness hereby secured by any lawful means #nchrd#ng
<br />'ap{wintment of a receiver in the name of any patty berets, and w apply the saint less costs and expenses of operation and collection, including reasonable -
<br />attorney's fees, upon soy indebtedness secured hereby, in such order as Mortgagee may determine.
<br />- - -FOR THE PURPOSE OF SECURING: p) Performance of each agreement of Mortgage: contained herein; (2) Payment of the principal sum with interest, - -
<br />' - as provided in ucardane~e with the terms and provision? of a Promissory Note j Loan Agmement (hereinaRer referred to as "promissory note")
<br />-dated-) ~°`~-~~"~ - ,herewith executed by Mortgagor and payable [n rho order at Mottgagre.-
<br />S in the principal sum of S, ,~, and having the date of its final payment due on t+.-':~ - _„ _.
<br />-i -_ -_-ar as extended, defatted m rcsthedukd 6y renewer or rcfinsnte; E13 Payment of any additions! adasa^ts, with mitres! thttaon, 3x may hereafter ht_ -- -
<br />- - - ----taarttd b}- Mortgagtt to Mortgagor in a maximum sum a1!jT'~~.{~ within SO years i'rom the date of this Mortgage: (9) The payrtxni of anz -. -
<br />tnanay- that may he advanotd by the Mortgagee W Mortgagor for any rzasan or to thud parties, wrih interest thereon. whew the amounts are advanced to
<br />- -protect the security ar in accordance wtth the covenants of this Marigagt: (S) Any renewal, rofinancirtg yr tztensien at' saM promissts:; note, ar any ot#tr -- -
<br />- - mgrtssnrut to pay which may ts? sulssututad therefor.
<br />-:Aft oaymtnt? meat ay Martsaeor un the pbligatiun secured by tfils Marraaar shat! br apptird in the following seder: ...
<br />- ~ - t;'#RST. 'fo the payt:rtnt of texts atM assessments treat may he levied and asses~d xgainsr said premises, Insuranc€ premiums, rtparas, sent nit otsrtr --
<br />~.-:. ?'Itaryt=aRd sttptn~x ~raad to he oald 6y the Mpatgaeat.. -.
<br />- - -. SF.C'O;~D: To {he paYr~nt of interest due on saw loan. -... _-
<br />_ THIRD: Ta the payrnnt at p€tali.a}. - - -
<br />TO YROTE(,T THC SF.CUR171' HEREOF, MORTGAGOR(SI COVENANTS AND AGREES: (t) to kelp said promises insured against loss by Ott atat
<br />--; vihtr hoards, casualty and eanlingencies up to the full value of all impcoventrnts for the protection of Mortgages in such msnrsar, in such amuunu., artd
<br />in such companies as Mortgagor may from time to time approve, sent that lost praeeeds (ku expense of collection) shall, at Martgagre's aptinn, t+r
<br />- appliat un said indebtedness, whether due or not ar to the restoration at said rmptovaments. !n event of loss Mortgagor will glut immrdutc noun h} -
<br />- mail to the Mortgagee, who may make prool of loss if net merle promptly by Mortgagor, and each inwranct company concerned is hemby autharutd and
<br />- --dire.:ted to matt psymtnt for such loo directly to the Mortgagtr instead of to the Mortgagor. (.) To pay all rates and spacial aaxssmrnts of any kind
<br />the{ have been or may be levied ur assessed upon satd premises. and to deliver to Mortgagee, open request of the Mortgagee, the official receipt showing
<br />- -payment of all such taxes and assessments. (3> In the event of default by Mortgagor under Paragraphs 1 ur ?above, aortgagee, at Its vptnsn, may la)
<br />' - -place and kelp such insurance abavr provide) for in force throughout the life of this Mortgage and pay the roasonahle premiams and charges tharetar, (b) -
<br />pay all said taxes and assessments without tletennining Iht validity thtreot; and (c) Pay such liens and alt such disbursements shall 6r deemed a part of -
<br />the irolehtedneu secured by this Mortgage and sha0 be immediately due and payable by Martgttgor la atortgagae. t4) To kelp the bu#Idirrgs and ocher
<br />intprovrmtnta now ~:xisiing or hereafter erected in goad condition and repair, not to commit or suffer any waste or any use of soot premises contrary to
<br />- n~xirichons of record ur wuvary to law, and to permit Mortgagee to enter at all teasonablt times foe the puspase of ins~eeting the premises; not ea
<br />remove nr drmohsh any building Iherton: tv ttatorc promptly and ut a gaud and wprkmantikt manner any buiMtngs which may be darn aged yr destroyed
<br />thereon, and to pay, when dur, a0 clams for labor performed and materials furnished therefor, (S) 'that ha wilt pay, pr~mpUy the mdrhtcVnrsx secured
<br />- hereby, and preform aR orbit abtigatiuns in full romptiana wilt the items at sail Pramissary Natt and this Mortgage: ib) That the Umr ut payment of
<br />ihr indrbirdness hr[aby secured, or oi' any portion Ihereuf, may be extended ar renewed, and any portions of the promises heroin described may, wixtrnut -
<br />- -notice, 6z released from 4he tiro hereof, without releasing ut affecting the ppterwna! liability of any person yr the ptioriry of tMs Mortgagt: {7) That ht
<br />--- - -does hereby forever warrant and well forever defend the titre and pauession thereot against the lawful tlahnr of any and a0 parsons whatsoever, -
<br />- `IT IS MIPfUALLY AGREk?D "ftIAT: tU U the said Mortgagor shag fall ar negtrct to pry instaWnents on said Promissory Nvtt ss the saint may heroaRer. -
<br />.became dot, ru upon tlafaull In parfocmutce of any agreement hereunder, ac upon salt. or ostler disposit#on of the premises by Mortgagor, ar should anp
<br />- ----set#on or pnrrttdip~ bt fdrd in guy court #a enforce any [tan bn, daitti against or #nterrtst in the ptemtsas, tfian alt wins owing by the Mortgagor tq flee ----
<br />--- Atartgagte andte th(s Mott age or under the PromLssory Note secured hereby shalt immediately became due am! payabM at the optton of the Murtgagae,
<br />_ ~ --on ihr application of the ~ortg~ae, ar asngttee, or any other person who may br tnthtad to the monies due thereon. In such even! the Mortgages shag -
<br />.have the right Immediately to foreclose this mortgage by complaint for that purpose, and such complaint may be prasnruted to judgment and txtcution
<br />- -., acid seta for the talleet#on of the whole amount o! the indebtedness and interest thereon, including roasanable atttrmey's Etas, any arnaunrs adrancsxi.-
<br />pursuant to this mortg~e, costs of wlt, and casts of sale, it permitted 6Y taw. _
<br />i2) to the event acid.ppmmises are sold at a foreclowte sale, Mortgagor(s) shall Rro liable for any deficiency rematrdng attar sale of the premises if parmiVed by
<br />law;- end attptication -af the proceeds at-sake sale-to-rho- indebtedness secured attd to the expenses-at forectoaue, including #ortgagae's-trasnrraWe attarttty'r-- - --
<br />--Etas and roger expanses it aLowed 6y taw. - -
<br />-.~ -: (3) Mortgagee shell tit subrogated to the _ lien of any and all prior anattmbtantxs, .liens .rot charges paid and discharged from the prasxeds of the Fvan
<br />hereby secured, and even though said prior liens have been released of record, the repayment of said indebtedness shag ba secured by such liens on the
<br />port#onp of said pramisos affected the#tby to the exb~nt of such payments, respectively.
<br />(q) Whenever, by the germs of this instrumant.or of saidPromiasory Note,MOrtgagea is given any option, such option may be exe[uised when the right
<br />--aesxttes or at any tuna therwttar, and na-aacaptanea by~Moxlgagaa~ofpaytttattt~at,ittdtsbtedneu in detautt sha0 constitute s waiver of any default then
<br />- ~. existing and ton##nuing or thtreatfar atrxuing. -
<br />- za-Dave Ir+ev. a-vat ass
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