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~~'--~`s~~t~ MOILTGAGE
<br />- This Mortgage is entered into between - Tfie- OyeTi and N ti opal nk of frond TG•fi~ - .
<br />(herein ` :4SortgagoP') and -
<br />-.Tprfy R_ and MarianI._ -Rmwri (tterzin "'4toatgagee°).
<br />~- Martgagor~s indebted to Mortgagee in the principal sum of ~ 4,.~_{)!L ,evidenced-by Mortgagoe's note- -- --
<br />dated-- •Inly 1 R - i 4380 {herein -"Note") providing for payments of principal and interest, with the balance of the -- -
<br />- --#ndebtedpess, it not sooner paid, dueand payable on Jatllla2'V 14, 19$1 -
<br />- Tosecure the payment of ttte Note, wish interest as provided therein, the payment of all other sums, with interest,:
<br />advanced by. Mortgagee to.pro±ect the security of this Mortgage, and the performance of the covenants and agreements.of -
<br />theMoigagorcontained herein, Morggagoi does hereby mortgage and cronvey to Mortgagee the following desedbed
<br />- property-9oeated.in Hall _.County,~Nebraska: ,.
<br />lr~t Two (2), in Buck Subdivisitxt, located in part of
<br />the Sotitlivest Ruarter (SW4) of Section Two (2},
<br />- - To~:nship Hlevt:n :ill) ivvt3rtii ~b~ Ter. (10}, :mot
<br />of the 6th P,M., Hall County, Nebraska..
<br />_ - -~ Together with all buildings, impmvernents, tistures, streets, alleys, passageways, easements, rights, privileges and
<br />_ - appurtenances located thereon or in anywise pertaining thereto, and the rents issues and profits, reversions and remainders
<br />_ ~ - thervof; including, but not limited to, heating and cooling equipment and such personal property that is attached to the
<br />_ `_ - improvements so as to ronstttute a fixture; all of which, including replacements and additions thereto, is hereby declared
<br />- - - - to lee a-part of the _*eal estate secured by the hen of this Mortgage and all of the foregoing being referred to herein as the
<br />,.~o~rty„
<br />- .. Mortgagor Curlkter eonvenants and agrees, wi! h Mortgagee, as follows:
<br />... __ Payme„t, To pay the indebtedness and the intrust theuou as provided io this ':9crtgagx •.?nd the ;«_.
<br />- - - - ~ tle. Mortgagor is the owner of the Property, t1a.+ the nght and authuroty to mortgage rte Property, and
<br />- warrants that the Iten creaTed hamby is a first and prior lien ou the Property, e+_cept as may otherwise ire sek forth h€reSu.
<br />^ The Property is subject to a Mortgage wherein
<br />is lice Mortgagee, recorded at Sook ,Page _____._ _.. - of the Mortgage Records of
<br />- ~ Nebraska, which Mortgage is a lien prior to the lien created hereb}~.
<br />- -" - - - ~ Other prior liens or encumbrances: _.___._- .__ _ _
<br />County,
<br />- - - S. Taxes, Assessments. To Fay when due all taxes, special assessments and all other charges against the Property
<br />- - - and, upon written demand by lviortgagee, to add to the payments required under the Note secured hereby, such amount as
<br />- maybe sufFcient to enabke the Mortgagee to pay such taxes, assessments or other charges as they ixceme due.
<br />- - - ._ 4. insurance. To keep the improvements now or hereafter located on the real estate described herein insured
<br />- - .: -'-, against damage by fim and such other hazards as Mortgagee may require, in amounts and with companies acceptable to the
<br />- - Mortgagee, and with Ices payable to Ghe Mortgngce. In case of loss under such politics the Mortgagee is authorized to
<br />ddjust. collrpt and compromise, in its discretion, all claims thereunder at its SoiP option, autherrzedtoeitherapplythe
<br />_ - -- -proceeds-to the mstoration of the Property or upon the indebtedness secured hereby, but payments hereunder shalt con-
<br />- - tiinue split the summa secumd'nereby are paid in full
<br />_ " -- - - 5..Cl Barrow For Taxes and insurance. Notwithstanding anything contained in paragraphs 3 and 4 hereof to the
<br />- -contxary, 1Lfortgagor shall pay to the Mortgagee at the time of paying the monthly installments of principal and interest,
<br />` ~ -- ~ doe-twelfth- of the' yeaNy taxes, assessments, hazard insurance premiums, and ground rents (if any) which may' attain a
<br />- ~ ~ ~ priority over this Mortgage, aft as reasonably estimated from time to time by the Mortgagee. The amounts so paid shall be
<br />- be[d by the Mortgagee without intaresC and applied to the payment oC the items in respect to which such amounts were
<br />- - -deposited. The sums paid Eo Mortgagee hereunder are pledged as additional security for the indebtedness secured 6y this
<br />--~ -_ -- _-- Mortggge. Mortgagorshall pay toMortgagee the amount of any deficiency betrveen the actual taxes, assessments, insurance
<br />- premiums ahd ground rents and the deposits hereunder within IO days after demand is made upon Mortgagor requesting
<br />.payment thereof.
<br />- - _ .. ~.- Qepair, iliaintenanee-and Use. To promptly repair, restore or rebuild any buildings or improvements now or
<br />-. - hereafter on_tha Property; to-keep the Property in good condition mad repair, witheu! wa<te, ar±d tree from mechanic's or
<br />- otheiliens opt expressly subordinated to the lien hereof; not to make, suffer or permit any nuisance to exist, nor to dimin-
<br />- ish or-impair the value of the Property 6y any act or omissiv;r to act: and to comply with alt requirements of law with
<br />t'NSpect to the Property.
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