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<br />~~ ®I}~~ AS ! ~ RRORTGAGE
<br />'TS:ia Mortgage is entetrd into between- JAS P. 2ADtA and JOY Y. ZANA, HtlsbEUid and .Wife
<br />T _i _ (herein ''Mortgagor") and
<br />7'.f~. _ EN~IiAli87 Ntf1'IONAL Bt~3R OF Imo, Grand Islartti, Ne~I'c~1c8 ;~etein '•Mortgagee,:j
<br />~`-is indebted to tNoNgBgee is the principal sum oP$ 75jQ00_QO ,evidenced by kfortgttgar's note
<br />dated ~y 3e 14$I (herein "Note") providing-for payments of principa4 and interest, with the balance of tht
<br />ia~btrdoeas if t[o# stibntr paid: due and payable one Jti1y 1, 1986
<br />'4bseesie fhe pttyrr~n4oP the Nate, vriEft interest as pro~,~dert therein, the payment of atf other soma. with interest,
<br />advanced by Mortge~/ee to protect the security of this Mortgage,-and the perfortnancR of We rnvenants and agzeetne~ oP
<br />the fNoriptgc'r contained herein, Mortgagor does hereby mortgage and convey to Mortgagee the following deacNbed
<br />property itxxted in ~-1 County, Nebraska:
<br />Iot -Eight (8) in Hidden Lakes Sdbdivisicai Ntmbex' RWo, being a gait of the
<br />Est Quarter o£ the Norkheast (SEA) arr.I a part o£ the
<br />Ntutix Half of t~ Dlorf3~east Qi,aarter of the Soutt~ast Qtr~t`i'ar (Nr,)
<br />of Section I3, Ztx,¢~tsttip 11 North, Range 9 toast of the 6th P.M. , Hall
<br />Ctxasty, Nebraska
<br />Totether wiN alt buildings, improvraten{s, fixtures. streets, alleys, passageways, easements, rights, Privileges and
<br />appttrtenatras foeated therean to in anywise pertaining thereto, andlhr rents issues and profits, reversions and renadnden
<br />thereof; tttstudarg, but not ttmited 40, heating and eoofing ryuipment and such persot[al property Web is attached to the
<br />improvert~rtts so as to cortsUwse a fixture; a1: of which, inetud[ng replacements and additions themto; is hereby deckred
<br />to be a part o[ thte real estate secured by the tien of [-firs yortgage and alt of the faregoing being referred to herein as the
<br />„arty,.
<br />Mortgaft~ farther txmveoants and agrees, with Martgagrr. m fafiaws:
<br />1. Payment. To pay the indebtrdae~ and toe mterrnt [hereon as pea»ded in Ehis Mortgage and the Note.
<br />- - 2. fide. Mort~ajer is the owner of the Vroperiy, ha, tt:e ngttt and authority W mortgage tote Property, and
<br />wat7itnts that t#e 1uern created hereby is a first and prrar lien on tttr Proprrtc, except as may other xise be set forth kereia.
<br />C~'Ihe Property is sub toe hta wh n Sa2_Saviltgs dlSd I4)drt AS30Ci3tial
<br />of fa~° Island a~e~OCtiaertr~a~o_ "t~s'-0~ "
<br />is the Alorigapee, nrrorded t the Atartgsge~ fteeards of __ Hall County,
<br />Nebnalat, which[ ldortpde b alien pone W the tcen created hrrrb}.
<br />€7 (3t~r prior Itr~ oe ettcumtrrarre.~es: _ .. - -- __ _--
<br />~, Taaea, Aatts. Ta pay urban our nit [axe,, >prcial ttsaessments and ail other charges against the. Property
<br />and, eyton atr4itep demand by Mortgagee, to add to the payment``: required under the tiote secured hereby, suds amount at
<br />taay tte svff9lsent to enalde the Mortgagee to pay such taxrs« assessrrxenis ar ether charges as they became due.
<br />4 YaWraace. To keep for improvements new or hereafter located on the reel estate described berate insured
<br />a~nst daeaape by Tire and sttelt other haaards as Mortgagee [[say require. is aatounis and with companitsaccrptalde to ttx
<br />Pi~srtgtiee, and wttTat toes payable to [tee A~Tartgagee. in case of toss under such poiteies the Mortgagee is author4rtd to
<br />adjust, eofitect-. and eamprotnise, to its dssrrrtian- ati etaitass thercundet at its sWe option, autho[iardtoetthrrappty the
<br />pr4ce~s, to t6r tx~taeatloa of the Property or upon the indebtedness secured hereby, but payments hereunder shaft eoa-
<br />tkatta- ttttttl the-sums secured hetetsy are ptadra [nit.
<br />fx ~ ~ €Sr '!'arena and ice. Notwitttslaading anything cx~ntairhrd in psrayrapbs 3 aad.9 ltereaT-ta ttu
<br />mulraty, 11[ortg:gar shatt.pgy to tt~.Mortgagte at the [tote of payirtg.the monthly. instaitmeats of principal ated interest,
<br />txe4S4e of f~a yearly tax+r~, asaeaatarata, hazard ittaurancr premiums.. and ground rents {iT any) which avty attain a
<br />pr4o[ity Deep [togs ~, eft as renewably eattaated from time to time by the Mortgagee. '19tr amounts so paid shat! be
<br />f5a#ai by ±,~` wdtAotit intend acid applied to the payment of the itrtts in respect to wtttcb-each amounts were
<br />$;i;ed. TSB same paid Eo ;doegF tseteander err tt'~d~d As add`stionat security for the indebtcdrtrss secured by ttas
<br />rieet6atr. Martgtdoraha4l pssy to Mme the amount of nay deftcfrncy between the actual taXrs, aeac~ertmnts, insurance
<br />par~atittttzh,rttd,gitound.teats,aad t$e deposits f-ereu:.d€r within tt3 days sitar demand is atadr upo$ Mortjlagar rrquestitt8
<br />' }{~ymegt theseaT:
<br />~ Ralatt, and e7fa, `t'o prontptty repair, mstare or mbuifd„any buildings or impnrvemenb new at
<br />PTttit Ate [hint ~Y; m itet?p the 4ti~ptxty in gated twndlttan and rrpaix. without waste, and fear ham mechante's or
<br />o ~efla n~ ~Y aa4tMdtttated la 1)'.e Cirri Itesraf; not to make. suTfrr ar perm}t any nuisatxx to exist, nor to diatin-
<br />kdi or'ttgpatk;tt+e iritivr't+f thtr Propstty bt` sixty act oY ota4asian to set; and to campiy witty all rvquSnrnrena of taw with
<br />trzlsect to the' QTY.
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