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H£A~ fST~l~E ~iR~~f <_~ ~_~ ~na-r~ {r~u~.,~. 1_.,,y
<br />.-., ~1pr11 2Z, 1~d31
<br />Gregorq A. Hopkins and Gale R. Hopkins, husband and wife
<br />Mortgagors,
<br />~=-1 Nebraska
<br />at County, 1^.Gnslde:'ation of
<br />- the advance of the principal sum recited in the note hereinafter des^r'_bed, receipt Of will c*. i~ acknowl=_dg?d, hereby -
<br />mortgage and convey to
<br />7NE FEDERAL LANG BANK OF OkANA, a Corporation,
<br />of Omaha, Douglas County, Nebraska, whose address
<br />~j r-s Farm Credit Building, Omaha, Nebraska 68!00,
<br />rio~tgagee (subject to oil, gas, aad mineral rights ;awned by parties ctY.~e.^ tl;an Mortgagors; existing easements of
<br />record; reservations in United States and State patents; andr_he rights of the public In all highwaysj, the tollowing-
<br />described real estate 1n Hall County, Nebraska
<br />Estates SEC. TYIP.
<br />Lot Seven (7) Westroads~Thi
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<br />together with all of the right. title, and interest of the Mortgagors 'n said property, including all buildings,
<br />imgrovements, fixtures or appurtenances now or hereafter acquired, including all apparatus. '^uipment, tizt;;res or + -4~,~
<br />articles used to supply heat, gas, air conditioning, water, 11ght,power, refrigeration, ventilation, or o*_her ~~r~-
<br />.eas, and the furnishings cue*amarily or appropriately included by lessors to lessees including, but not limited to, \
<br />mirrors, screens, windows, storm windows and doors, carpeting and other floor coverings, i.^.-a-door beds, awnings,
<br />stoves, refrigerators, water heaters, air conditioners, humidifiers, hearth and fireplace equipment, all of which - -
<br />ara declared to be a hart of the real estate, whether physlnaliy attached thereto or not, and deemed a rortlon of
<br />the security for the indebtedness hereinafter described.
<br />Phis mortgage is given to secure a promissar note of even date herewith, executed by Mortgagors to Mortgagee, In
<br />the principal sum of EIE'TY-TWO THOUSAND SEVEN HUNDRED AND NO 100 - - - - _ ;~.T~~
<br />payabe in installments with Interest according to the terms of said note, the last i.s~allmert being due and gay- -
<br />ahle On Lhe first day of Sen tember. ZO11 This conveyance shall be veld upon the payment of said
<br />promissory note.
<br />The Mortgagors agree to gay, if requested Dy Mortgagee, on each installment date, in addition Lo [he sums required -
<br />Sn the apove-described promissory note, asum equal Lo the amount determined by the Mortgagee required La accumulate,
<br />and pay the insurance premiums an policies of fire and other hazard lnsurence covering Lhe mortgaged premises, and
<br />the real estate taxes and assessments due on the mortgaged premises 15 days prior to the due dates thereof. In -
<br />the event that Lhe sums aacrued for the payment of the said premiums, taxes, or assessments are insuftlclent, the -
<br />tbrtgagors will, upon request, pay such additional sums prior to the tlue date thereof. All sums received therefor
<br />shall Da applied on the principal balance until such time as they are withdrawn by Mortgagee for the gayment of
<br />said premiums, taxes, or sssessments.
<br />This mortgage is subject to the provisions oI THE FARM CREDIT ACT and all acts amendatory chereef or supplemental
<br />thereto. The proceeds of the loan secured hereby will be used for the purposes specified in the Mortgagars~ appli-
<br />cation for said loan and authorized by said Act. -
<br />The ~irtgagors, and each of them, hereby warrant that they are tee owners of the mortgaged real property; Lhat they
<br />will defend the title against all claimants whomsoever, and that said property is free from ail encumbrances; chat -
<br />they will keep all the improvements, fixtures, and appurtenances occupied and in good repair and permit no acts of
<br />waste; and Chew will relinquish all rights of homestead ir, said premises, and covenant and agree with the Mortgagee,
<br />as failowa.
<br />{1) That they wail pay when due all taxes, liens, judgments, or assessments whlah may be lawfully assessed against - -
<br />the property herein mortgaged.
<br />{2j That they will insure and keep Insured buildings or other Improvements now an or which may hereafter be glaeed
<br />dd said premises to the satlsfactlon of the Mortgagee, such insurance policy shall be endorsed with a mortgage clause
<br />with the loss thereunder to be payable to the Mortgagee. Any sums received may be used to pay for reconstruction
<br />of Lhe destroyed lmprovemeius; or, Sf not so applied, may, at the option of-the Mortgagee, be applied 1n payment of
<br />a[yy iris€bt@dness, matured or unmaturad, secured by this mortgage. -
<br />(dj T$at-ln the event the Mortgagee is a party to aryy llt3gaLion affecting the security or Ghe Tian of Sts mort- - -
<br />gage:, including at>,y suit by the Mortgagee to foreclose Chis mortgage or atyy suit 'n which the Mortgagee may be named
<br />a party defendant la which it is obligated to protect Its rights or lien, including condemnation and bankruptcy
<br />prooeadings the Mortgagee may Sacur expenses and sdvance payment for abstract fees, attorney fees (except Lo the
<br />extent grohlbited by law), costs, expenses, and other charges,
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