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<br />ThLs Mrx~ ~ e-tered into betrt ~at~s L. Fandrv a~Ed '.~-aria Gup Fandry, ltushand
<br />d Wife !herein *'!N~rtg~..''; and
<br />FZVE 1?~2NT3 BANg (herein "Mortgagee'>).
<br />~r is Cndefited Lo Mortgagee is the priaclpal- sum of ffi R, R{f- - ~~ ,evidenced i}y Mortgagor's note
<br />dated 1Lti 12/81 {herein "Note") providing for papraents of p:ineipat and interest, with the balance of the
<br />itedoess, if not sooner mid, d:re artd peyattte on 1oi 12 82 ,
<br />Tosecvre the payment of the Mote, with interest as provided therein, the payrrxnt of a!i other sums, withsnteresL,
<br />° advanrxd by Mortgagee to protect the security of this Mortgage, and the perfonrtanee of the covenants and agreements of
<br />~e Mort~gor contained herein, Mortgagor does hereby mortgage and coavep to Mortgagee the following desciilsed
<br />pt'opertY Iocated in Ha11 County. Nebraska:
<br />Southerly Sevemp Tva (72) Feet of Lot Five (5) in Block Eleven
<br />(11) in Roiiins` Addition to the City of Grand Zsland, Hall Countp,
<br />Nebraska-
<br />Together vrith ail buildings, improvements, fixtures, streets, alleys, passageways, easements, rights, privileges and
<br />appurtenances located thereon or in anywise pertaining thereto, and the rents, issues a~ profits, rrveraiermwnd reraaiQd~s
<br />thereof; including, but not iimitld to, heating and cooling equipment and such personal property that is attached to the
<br />improvements so as to constitute a fixture; all of which, including replacements and additions thereW, is hereby declared
<br />to be s part of -the real estate secured by the lien of this Mortgage and a0 of the foregoing being referred to herein ~ the
<br />,«~rt3„ .
<br />Mortgagor farther convenants and agrees, with Mortgagee, as follows:
<br />;.. ~#. ':'o,~y t ind~~tit$dnes; and the intere~E thereon as prevde~+ in t#:!s ?tfartgage and l.l:e'.`;ots.
<br />2. Title. Mortgagor is the owner of the Property, has the right and authority to mottgsge the Property, and
<br />Natratit3 that thetien created hereby is a first and prior Ilea on the Property, except as may otherwise be set forth herein.
<br />~- ~ The Ptwperty is suhyect toa_',4ortgane '~t?Er-~in .__-_ C.nmmfzrrial Natinna7 Rank f.- Ts.rcf ('.n
<br />is tla' ~, recorded at-Book ~ ~a , Y=ve °_-- of the Mortgage Records of __ l1a11 County,
<br />I~Ie6nska, whic3t ~ is a Lien prior to the hen created hereby.
<br />^ t)t6ter prior liens or encumbrances: - --------------------.---.-.__. -...._-----_--
<br />' $: Tapres, AapacsmRats. To pay when due all taxes, special assessments and alt other charges against the Property
<br />aRd, upon umitten derraand by Mortgagee, to add to the payments required under the Note secured hereby, such amount ass
<br />~iy: h~ a`ufr~ert to.enabie the Aior%ge to pay such taxes. assiss~nents or oihee charges as they becofae due_
<br />4, leairrsace. To keep the improvements now or hereafter located on the real estate described herein insured
<br />srgaitut.data by tare aird.such other haaarda a@ Mortgagee relay require, in amounts and with companies acceptable to the
<br />Aortgagee, s~ttvrit~lau_gn~allle_to thQ,,IMortgagee,.ln_case aC loss under such po}icivs the NQrtgattee-is authoiiaed io
<br />adjust, egit4Ct apdGQtopromice;in-,its diacaetion,aR.rlaims thereunder at its sole option, authorized toeitherapply-the
<br />pm[ieeda to the. eesttiratioa gf.the Property or upoa.the indebtedness secured hereby, but payments hereunder shall con-
<br />5. a !?aactow Fur Ta:es add lrawranse. iVatwithstandingaaything contained in paragraphs 8 and 4 hercofto the
<br />tonkary, titart~gpt st~t1 pay to the_ bgottga~ee at the Eitae of paying the monthty.iastetiments of principal and Interest,
<br />oex-twelfth of ttte Yearly taxes, assessment;,-haaard insurance premiums, and ground rents {it any} which may attain a
<br />pt4or4ty over this Mortij all es, reaaonab[y `e$timuted tlrota time to time by the Mortgagee. The amounts so.paid shail_be
<br />tipld'by tSe Mortysgre. ~idfhoret igtetesE and applied to the payment of the items in respect to which such amounts were
<br />gepgatteri. The sums paid to Afostgagee hereuritfer are,ptettged as additiogal seearity for the indebtedness secured by the
<br />_ 1~uStg~e. INnrt;ago3 sliaiipsy to rte the ataOpttt of ~stty deticlencyr bekwp~rt tha actyal taxes, assessareats. insurance
<br />prirminrns and g[ouad .rents and the deposit: hereumier within, ill -bays after demand is made upon. Mortgagor requesting
<br />paytatnt thetvot.
<br />g. Itrlair, NYlnt~tagEe-tf~ l7ae_ `Co przwtp¢ty rep~r, restore. or rebuild sny buitd'engs or irtnprovemants now or
<br />htie3tt~C _on th_ ~ rrops(tY; to l~tcg rite PropcFty in gtmd cop~kion and repair, eitltout waste, and trams fr~am mrchanl4''s or
<br />cNirer laata{.gott BzprNSSly sutwrdisut'tei3 to the tiaa taersot: ant !o mitre, softer or peretit any nuisance to exist, nos to dimin-
<br />sils nr';fir t#tr .aluk rl t~ F~perty by , ate or <ualsstvn to a+~c ar+d to csmgts wltlt a3i rarquiremontr of taw with
<br />t ~ the Y'f[Ipert?,
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