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<br />'FfrisMo3tghgeisenieretrinscs§e~veen ester; Heig::ts -e1cY,az~t Cl~Yary _~. _
<br />_ (herein "?riaYcy ; '?'j and
<br />~$Ye Points Bertk -_therein `.bf
<br />_ art~ee"3.
<br />kfoctgagor is indebted to Mortgagee in the principal sum o€ ~ 25. Ga0 • ~ ,evidenced by Mortgagor's note
<br />dtltett lftf 1x181 (herein "Nate") providing for payment, of prittclpal and interest, with the balance of fee
<br />edaess;it not.sooner paid, due and psyalsle an_ :tan . I i , 19$2 ,
<br />Tvseeurethe ~yment of the N_ ore, whit intert~st as provided #here:rt, the payment at all-other sums, arith internal,
<br />adva~ed by Mort~gee trs prefect t1;e security cf this Mortgage, and the per€ormance o€ the covenants and agreemeufa of
<br />tfie Mort~agot eanfained he[eFn, Mortgagor does hereby mortgage and convey to Mortgagee the fotlaw5ng described
<br />prgprjfy located im Ball County. Nebrasta:
<br />The South HaS£ (S~) of Lots-Three (3) and lour (4) in Block Thirty
<br />Three (33) in Lambert's Addition to the City of Grand Island, Ha1I
<br />Coin, 134hraska
<br />Together-with all buildings, improvements, fixtures, streets, alFeys, passageways, easements, rights; pritrilegec and
<br />appnrtrnsacea-Encored thereon orin anywise pertaining thereto, and the rents. issues and profits,reveraiona and remainders-
<br />thcregt; nduding; Fine-not iitnited to, heating and tooting equipment and such personal property Shat is attached to the
<br />improvements so:as :to co3tsfatute a fixture;-ell at which, including replacements and additions thereto, is hereby dedared
<br />to be-a;pprt of, the.rnaF eststE secnred by the lien of this Mortgage andalE of ttte fnre~ng being referred to hereia~ the
<br />~~,,,.
<br />Mortgagor further covvenants and agrees, with Mortgagee, as follows:
<br />L Payment.. To pay the indebtedness and the interest thereon as provided in this Mortgage and the Nola.
<br />2.- Tine;.. Lortgagor is: the ourner o€ fhe Property, has the- right.and authority to-mortgage the Property, and
<br />- o L~at-the Fps €.~ted :~.emby is s first sod prier lien an th€ Prep€rtY. except su rosy. othsswkz be set Earth h,n _
<br />~~ - ~ - C ~s'ae r`cvpeitY iii 3iiiifni iu a u1ai4Ea56 wni=iein -~
<br />~=t8elptE-rsgagee, teccF.'.~: at 11006 _ . ~ ~ ____ _-. - of the ;elortgage IteC©rd5 ot` -, CaunlY;
<br />~Tt¢,vritt~r blortgagg Ssa lien prier to tb? lien cFrated hereby.
<br />- ~ OtAe; paox liens or eracnmbtanees:------._--------,_ _._._-------._ .-------------
<br />S. Ties, larcaenrenis. 1'o pay when. dup alt taxes, special assessments and all-other_charges against Lhe ProRertY
<br />ttnde-.Iipslft~Wiittea demand by Mottgagec, to.add to the payments required under.the Note secured hereby, such amount as
<br />-ba suLrttto;eriahia nteMottg...a~ to gay such ta_?tes, assessments or other charges ~ they become dye.
<br />9., Ranee, To keep the improvements now or hereafter located on_the real. estate described. herein.Ensuted
<br />~$tta4age hk: hie and s;rch other-hazards as Mor~agee may. require. in amitunts and with eompactiesacceptable W thr
<br />t~prt~9gsa~,:aasd wjih l~;paya~le ,ta t&c Mortgagee. In s~ of loss under such policies the biortgngee is authorized to -
<br />adjust, collect apd co~oQeriptF,di~retion, a~f_etaFFrtc.theceunde{ at~itc-sole op~ioa, auEhorizedtoeitLerapptythe
<br />p to tMe restvratwil af, nrq Pcop9xty or upon the. indebtedness secured hereby, bul payments hereundershaFl eua-_
<br />sinue..uncil the sums u~nresLlEatYh5e tlttail,
<br />5. ~ :scram:-)8'~r Talc+~, attd fsatr€artee tvciRitkistaa-dErtg any'sh7ng contstned to lmragrapfls ~ and 4 Arueot to the
<br />coutaoEY, Mort{agar sYdt. pay_fc [he Motu at the time of pa~Frt~ the monthly instaAme4ts ofprinciparland interest,
<br />omr-twelfth. 6[ the yeuiy taxes, asseu,,ma:_harird insttgm~e pe>iuur~, arid~round_ ~nlai (Ff any)whic3r nuy attttlnin a
<br />ptaoiiGy aver-thin ttfort#age, alt as reasonablye{tiauted tYvm;Fme to time,bX ti~•Ma+I. The amounts so paidshalt.be.
<br />held by the i,#ortpgre.w'tNant inirr~t~d-appt{ed:tn fife payment-of:theitlnreapect~nwhichsuch-amounts were
<br />ted• The cams ppid to bfotL~~Oe rtttdar u¢ pitdgadag.additiooat ~eLrity foe the-Endebtedness secured by this
<br />b6est~R.tllrxt~orahalEpayicl.9~-Fhxagsnlaltofariydefirtieueybetw.en,theaetua~taxes,assessrrcetita,insurance
<br />gccrwlum- and.gkosnd ants amd f3e:jlapoaita heattnrleK ?irtthFtl, lO:daya attea; dettaaud Ss ms~-e gg4n 3rktrtWgwl regting
<br />ptymcnt thereof:
<br />fi. ittpatr, It(aistaa-a~pa;ar~ii>~ - Ts.pt¢mptly refer, restore os#:ebuitd ally-buildings or imgrovetnertts now or
<br />:kr~tst u+-t t};is 1'tagarly2_ cur ;€he P~ to gouFl ~ditorl;and repair,-withoatt wane; and Cree fitizm-mechanic's or
<br />otiseriwns oat e>Fprewi~ su~linated to lfte Liin heiEy~; riot 10 Irtaite, sttffac nt.perrnit any riuisarce to eclat, nor to dimin~
<br />va ~mpyir is,e value sit tbe,~rty by a;y set at o3Ai$Fitib9,-tw act; acrd to catztpiy svth aft requlrespeez~ cif larv vritii
<br />trspc>ct trt Etta ~'.tperty.
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