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<br />• Mox'rGACE $1-- f} ~ 5 :3 4.5
<br />'tT7is Mortggge is eirtered into between MdtT~C H - Sl'INf35 and ~-A%g. N. ~S Husband and
<br />f g~~p-, (herein "Mortgagor") and
<br />(ANf~ NATIQJl4L BAtiR (~` f~iADID ISIAiIl), Grand Island, Nebraska (herein "Mortgagee„)
<br />Mortgagor is indebted to Mortgagee in the principal sum of $ 70, 0~ • oo__ ,evidenced by Mortgagor's note
<br />diced Novm~rer 30, 198I (herein "Note") providing tot payments of prinrdpsl and interest, with the bsiance of the
<br />indebtedness, if not sooner paid, due and payable on -Ilf'r 1 • 1984
<br />'fo aecase-the payment of.the Note, with interest as provided therein, the payment o[ all other sums, with interest,
<br />advanced by-Mortgagee #o protect the security of this Mortgage, and the performance of the covenants and agreements of
<br />- the- Mortgagor contained- herein, Mortgagor does hereby mortgage and convey to Mortgagee flee following described
<br />Property located is Hall County, Nebraska:
<br />axe South Fifty and one-Half (50~) Feet of the west Half (W}) of Lot Five (5),
<br />of Vaintine's Subdivision, located on part of the Northwest Quarter (NWT) of
<br />Section Twenty-1~to (22), in Township Eleven (11) North, of Range Nine (9) West
<br />of the 6th P.M:, in Hall County, Nebraska, excepting thex'efrcm a certain tract
<br />of groundtoore particularly described in Warranty Deed recorded in Book 164,
<br />Page 19 of the Deed Records of Hall County, Nebraska
<br />Tether with ail buildings, improvements, fixtures, streets, alleys, passageways, easements, rights, privileges and
<br />appartenances loceted thereon or in anywise pertaining thereto, and the mots. issues and profits, rereesiona and remainders
<br />thereof; induding, but not limited to, heating and cooling equipment and such penunal property that is attached to the
<br />improvements. so as to cottstitute a fixture; all o[ which, including replacements end additions themto, is hereby det•Iared
<br />to be a part o[ the real estate secured by the Tien of this Mortgage and alt of the foregoing Iteing referred to herein Y the
<br />,.~~~y..
<br />Alortgagor further convenants sad agrees, with Mortgages, a. follows:
<br />t, Payment. To pay the indebtednc~ and thr- intere,t then^r,o a, provided in chi. Mortgage and the Nate.
<br />2„ Titlg• Mortgagor is thr owner of the Property, ha+ the nght and authority Lo mortgage the Property, and
<br />tvarrsrtts drat the lien created hereby is a first and prior Iran on the Px>{wrty, except as may otherwise be set forth herein.
<br />^ TAe Property is subject is a Mortgage whvmin .. . - _--~.-
<br />is Rte Itltitrtpe, recorded at Book _~~ r_ , Pa&e .- .-•.. • -. of the Mortgage ftervxds of _--- - -.._---- t;ounty,
<br />Nshmka, which Mortgage in a ifen prior to the lien created here-by.
<br />l~ Other prior Bans or encumbrances:.- _-NpJfIB_ ... _. _ .... -- . - --- _ _.
<br />3. Tasea, Aaasearaants. To pay when due sit ta~ses, sprcial assessments and std ether rherges against the property
<br />rod, upon wdttcyr demand by Martgagee, to add La the payments required under the Note secured hereby, such amount as
<br />qtly be auf8ekat to ettabtt the Mortgagee to pay such taxes, assessments or other charges as they become due.
<br />4. laarraacg. To keep the Improvements now or hereafter located on the mat estate described herein insured
<br />agalrut damage by Are and such other haaards as Mortgagee may require, ut amounts and with compattie~, acceptable to the
<br />sad with loss payable to the Mortgagee. in ease of dress under such petliries the Mortgagee is authorized to
<br />adjust, called and caapmmee, in its discretion, all claims thereunder at its sale option, authorixedtneitherappiy the
<br />prooseds W the reatarrldon of the Pmpedy w upon the indebtedness secured hereby, but payments hereunder shall tron•
<br />Haug tuttit the sags secured bemby erg paid in full.
<br />& ~ Brtvow Roc Tswssand taw®aace. ~7otwithatandtng anything contained in paragraphs S and d hereof to the
<br />coakuY. Mortgagor shall pay to the Moryagee at thv time of paying the monthly insWlmvnts of prinripai and interest,
<br />eor••twelfib of tha.yeatiy texas, aasessmaats,-hazard insuratic~e premiums, and ground rests (it say) which may attain a
<br />pdoritg ogee . lNottdp~: sit-sat reaaenabiy estimated from tttite to tiro, by the Mortgagee. The amounts sn paid shill be
<br />hal¢ b9 ~'. without interest and applied to the payment of the items in respect to which such amounts were
<br />L daPaaltad: T1te is Paid tv Mortg+igae hereunder are pledged as additioard sectnity for the indratednea-s secured by the
<br />il~rrtgge:l~titg~ar pbr to Mortgtt;ce the amtwnt of sty deficiency bv:xeen the actual taxes, asseesmeats, insurance
<br />'ptemhr trod ground rettts soil tba.depaaita hereunder wishit= 14 days after rlentsnd is made upon MotE~or requesting
<br />PaYtaAet~ i~tereof, .
<br />~.- . Maiateaes~a sail lsa. To promptly repair, n!sterre nr mkutld any buildings cu improvements now or
<br />A6tRiftttir 4n ttw•"1'iopecty; tit keep-the Property in goad condition and repair, wlthoui waste, and free Cmm mechanic's or
<br />tttbastkPna trot azptgatiy adt~utditteted fA tfle tied hereof; not to make, suffer or permit any nutsana•e to exist, nor rn demin-
<br />iab tat it the stNtrb of the prapang by any act ey omission in ect; sad to compd}° with alt requ[rerraents oI taw with
<br />t to t~ ice.
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