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1VIORTGAGE <br />This Mortgage is entered into between COra Mae Howard <br />(herein "Mortgagor") and <br />FIVE .POINTS BANK _ _ (herein "Mortgagee"): <br />Mortgagor is indebted to Mortgagee in the principal sum of $ 2 , 790.00 ,evidenced by Mortgagor's note <br />dated (herein "Note") providing torpayments of principal and interest, with the balance othee <br />irndebtedn~s„i[pot sooner paid, due and payable on December 4, 1984 , <br />To aecnre the payment o[ the Note, with interest as provided therein, the payment of all other auras, with inten3sf;. <br />advanced try Mortgagee to protect Ehe security of this Mortgage, and the parfornuurce of Gee covenants and.agreements ot- <br />Gie Mortgagor- conWned herein, IcYartgagor does hereby mortgage and convey. to Mortgagee the foliowing desceitied <br />property located to Hall County, Nebraska:.... <br />Lot Four (4), in Block Thirty-One (31), in Packer & Bart's Second <br />Addition to the City of Grand Island, Hall County, Nebraska <br />'lbgether with aiI buildings, improvements, fixtures, streets, alleys, passageways, easements, rights, privllegea and <br />appurtenances located thereon or in anywise pertaining thereto, and the rents. issues and profits,reveraioos and remainders <br />thereof; iaduding, but not limited to, heating and coollog equipment and such personal property that is attached to the <br />hnpmrentents so ~ to coffiGtute a tincture; e!i of whech, including replacements and additions thereto, is hereby dedared <br />• to be a part of the teat estate secured by the lien of this Mortgage and all of the foregoing being referred to herein as the <br />.,arty„ <br />Mortgagor further rnmenanes sad agrees, with Mortgagee, as follows: <br />1. Payment. To pay iLe indebtedness and the interest thereon as provided in this Mortgage sad the Nate. <br />F. TfGe. Mortg~gar ie the owner of the Property, has the right and authority to mortgage the Property, and <br />warrants tttat fire trap created hereby Is a' first add prior lien on the Property, except as may atlierwise he set forth herein: <br />~-The Prrtyc$ subjsct tv a A$origags wherein _ -_---_.-. _._ ,-~ _ _ - ;, <br />is at Book - ,Page ~._.... of the Mortgage ltecoMs oP Caimty, <br />l+lat~tia, w#tdt b a lien it[iar io the iten created-hereby. <br />~ Other prier liens or encumbrances: ______.., _.___.____-__~~ _ _ <br />&; Tames, ~a•'maits. To pay when due aft taxes, special assessments and all other charges against the Property <br />tied; uQOnn written demand by Mortgagee, to-add to the payments required under the Note secured hereby, such amount as <br />~W' be wf[idepf ~ ena6la the Mortgagee to pay such taxes, assessments or other charges a they become due. <br />4, ldrarnsana. To keep the improvem_nta now or hereafter located oa the real estate described hereto insured <br />agptmt damage by tlrs scut such other hararrls as Mortgagee may require, in amounts and with companies acceptable tv the <br />lgoetgMgee, ad with toss payable t4 the Mortgagee. In case of lass under such policies the Mortgagee [s authoriced to <br />i1d~iNSt, t aa{I onappraulas, to-its ditcretton,-aU cla[atp thereundei at its sots. option, autharitadtQeitherappty the <br />1ilPQhlllii t0 t~ rgstOrellpa_ of the Ptaperty or-upwt the indebtedness. mcured hereby, but payments hereunder shall oon• <br />~h4ti- vaili tUewwa sstxtae!d harrby-are paid In h-ti. <br />6.. Gt mow FiDt Tatcea-and [natrralitee. Notwithatandingaaythiag contained in paragraphs 3 sad A hereof to the <br />twatsaut~ ~ shat p,,y -tor the ~ at the time. of paying the monthly instauments at priaclpai sad interrwt, <br />cna-ttaltitth t!t flea. Y~Y ~4+0._+sssasmeabi, hatatd iosuranca promiums, and ground rents (it -any) wbtch may atWn a <br />pdstaity oral this Mortgglgs, ag as reaavri.b-y estira}fed f;om Wme to time hY the Mortgagee. The amounts ao patd alwl be <br />the ~ Witboyt.lneeitsst and applhud to the payment of Gee items in respect to which such amounts weer <br />The wntl'~i4 ~- Moslrit;~se he_retut~r-are-pledged, aa.additloual security tar the indebtettnms secured by thhr <br />L y!• shtlU pay to Mtrr~ee the amount of any dsticieney 6etwean the actual taxes, assesamanta, Insurance <br />plMaRiWOs +>?!1 groy!id; rents and- the. dspowita.heraunder within 10. days attar demand Is made upon Mortgagor requesting <br />Wit, <br />8. ~ sill the. Zia promptty repdr, restohs or rebuild any buildings or improvements new or <br />hiHalit~t on; the Prgparty to keep tine Prgperty m itawd co<idtsioa sad repsly without wrists, sad tree from mechsnte's or <br />tifilfr)iRns sot pepMq-Y attbarted te.ihe lien tent; not ~ make, artlter or permit any nuisance tv exist: nor W dimin- <br />''M' fir- the ~l~ti Qt tl#e-P[nRertY h7' aa~ act of omiu[on itr act; and to eoaapiy with all requirements o[ taw with <br />s~4ct ks the Prrttalttt'. <br />