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8 ~'°°` ~ ~ {~ ~ ~ ~ MORTGAGE This Mortgage is entered into between f;nrrion i _ Srarharnr,ah,_ A s.ina7-P. Person ._ ,- - -- -(herein"-Mortgagor''}--~ Five Paints Bank (herein""Mortgagee''). Mortgagor is indebted" tb Mortgagee in the principal sum of $ ~$.rpQQ~.QQ_ , evidenced by'MorCgagor's tittte dated ~terein "Note"} providing for payments of principal-and interest, with :the-baMnee o1`-the indebtedness, if not sooner paid, due and payable on August 12...1981 _, _ To secure the payment of the Note, with interest as provided therein, the payrnenL of aA other same; withtnterebt;. advanced by Mortgagetto protect the searrity ofthis-Mortgage, and the performance oP the camenants'and-agreaafant~of: i#te Mortgagor contained rein, Slortgagor does hereby mortgage-r-nd convey to-Mortgagee the-following:desarttied~ -- _ property located in Hall County, Nebraska: Lot One Hundred Thirty Four (134) in Buenavista Subdivision, An Addition to the City of Crand Island, Hall County, Nebraska. Together with all buildings, improvements, fixtures, streets, alleys, passageways, easements, rights, privileges acrd appurtenances located thereon or in anywise pertaining thereto, and the rents. issues and profits,revetsions and remainders thereof; including, but noL limited to, heating and cooling equipment and such personal property that is attached to the improvements so as to constitute a fixture; ail of which, including replacements and additions thereto, is hereby-declared to be a pad of the real estate secured by the lien of this Mortgage and all of the foregoing being referred to herein as the „~perty„ Mortgagor further convenan[s and agrees, with Mortgagee, a+ follows: 2. Payment. To pay the indebtedness and the interest thereon as provided in this Morlgage and the Note. 2. Title. Modgagor is the owner of the Properly, has the right and authority to mortgage the Properly, and warrants that the lien created hereby is a 5rst and poor lien on [hr Property, except as may otherwise be set fodh herein. O The Properly is subject to a Mortgage wherein __~ is the Mortgagee, recorded at Book _ .Page _ - __ -- ut the Mortgage Records of __. County, Nebraska, which Mortgage is a lien prior to the lien created hereby. O Other prior liens or encumbrances: ____ _ ___ . - _ _ __ __ 3. Taxes, Assessments. To pay when due all taxes, special assessmen~s and al! other charges against the Properly and, upon written demand by Mortgagee, to add to the payments required under the Note secured hereby, such amount as may be sufficient to enable the Modgagee to pay such taxes, assessments or other charges as they become due. 4. Insurance. To keep the improvements now or hereafter located on the real estate described herein insured ag;tiest damage by Cue and such other hazards as bortgagee may require, in amounts and with companies acceptable to the Mortgagee, and with toss payable to the Mortgagee. In case o[ loss under such policies the Mortgagee is guthorized to adjttst, collect and compromise, in its discretion, all claims thereunder at its sole option, authorized to either apply the paoceeds to the teskrratlon of the Property or upon-the indebtedness secured hereby, but payments hereundershall con- tinue until the sums securedhereby are paid in full. 5. ~ Eacraw For T:ates and insurance. Notwithstanding anything contained in paragraphs 3 and 9 hereof to the con6raty, Mortgagor shall pay to the Modgagee at the time of paying the monthly installments of principal and interest, one-twelfth o[ the yearly taxes, assessments, hazard insurance premiums, and ground rents (if any i which may attain a priority over this Modgage, alt as reasonably estimated from time to time by the Mortgagee. The amounts so paid shall be held by the-Mortgatgee w"tthouE interest and applied to the payment of the items in respect to which such amounts were deposited. The sums paid to Mortgagee hereunder are pledged as additional security for the indebtedness secured by this biurt$ag!x. Mortgagor s4sll pay W Mortgagee the amount of any deficiency between the actual taxes, assessments, insurance premiums and ground rents and the deposits hereunder within 10 days after demand is made upon Mortgagor requesting ptrytitertL WereoL 5. Repair, Maitstentace earl Uae. To promptly repair, restore or rebuild any buitdittgs or improvements now or hereafter ort the Property: to keep the Property hr good condition and repair, without waste, and tree from mec'hanic's or othertieaa nut expressly subordinatvd Go the lien hcregf; not to make, suffer or permit any nuisance to exist, nor to dimin- ish or impair the value at the Prupvrty by arty act or omission to net; and to coutply with atl mquiremenLs oC law with ms{x*ct tt, the 14operty.