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<br /> � .. 7b4 MortPt�4�okr�d Inw biew�a _S.�_�11 ��'"t°----�:r ---
<br /> ' Scarborough, husbaad and wife (�K����Mo�yor"►�nd —"�—`LL
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<br /> Five Pointa Bank, Grand ialand,_Nebraeka �nln"Morya�"1• � �"r`--_;�-;;�;��.
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<br /> 65.978.87 �����d by Mo�or•�nou '�"�''=`--.
<br /> poryaQor 4ladebkd W Mottp�et In Ih�Dtlncipd wm of i .. . . -_�,�,.-----
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<br /> � �� Dec. 6, 1991 (bnrin"Note")P��K for p�ynNn4 ot Orindpal�nd InMnrt��rIW th�bN�nq ot th� .�.�,:::� -
<br /> -•-�.�_�W,�.--
<br /> December 6. 1992 � ^�'� .--.:,.-.-._,.:�.�.►-
<br /> fedtWRdnw.lf aot wa�tr pdd�due�nd wY�bi�on . :r., Nnar y-nen,
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<br />; 7+o�ecue�the p�ymentot fb�Note�wlth Wf�rKt n provl0�d th�nin�the p�yaMnt of vi oth�r�unu�MUA IIIU1��Ir . :'f,'�'F,;-';�;r�?t'. •;�w�:�-
<br /> �. �dv�nad Iry 1la�p�ee to protect tM wrudty ot Wd Mafiy�.�nd tb�p�rtomwnc�ot tb�eown�nta�nd yn*m�nl�ot �•r„l.�{.r s�,;:..,,;::,.
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<br /> {M ponWor eoaWa�d Mreln, Mori�or doa Mnby mort���e �nd cot���y to Mo�{atN thr foNorria{dhedb�d �t�.:�,��,;,.,<t_,�.--
<br /> . . . i �a�i.�� .tM.IFL��i+�i�i;�l����
<br /> ii ;� . poperty loe�t�d ia County.Al�brnka: - ' �°°.;".,•""°'.••° _
<br /> A part of the South. Half of the Northweat Quarter of the Southwoot qu�rt0c `�`�"•T�'�;-�:
<br /> I� � � ���; (S�,NW�SW�) of Section Thirty-Thrae (33)� Towaship Twelve (12) Nocth, Range Nino {�"�`�•'
<br /> , ,�.� ' � _:..��-
<br /> �• ' (9), {iest of the 6tb P.M. ia Hall County, Nebraska, more perticulerly deocribad ae �`�-- `�''°= '
<br /> , 1 ���-�'1'• followss eeginning at a puiut G55.41 fcet £outh an� 6E Feet FARC �f rh� Northwo�t �;tt
<br /> Cornes of said Southwest Quarter (SW�) thence runniag perallel to and al.ang and - --���'�'-`-'
<br /> upoa the North line of said Southweat Quarter (SfJ�)� a dietance of 1,2S6.S0 feot� •�•�t,�,^�__,_.
<br /> " thence running South on the East line of said Northweat Quarter of the Southwaot ..""< • ,�
<br /> .., �-
<br /> Quarter (NW�SY�), a diatance of 490.44 feet; thence running Week parallel to the R��,�s"t-:
<br /> � North line af eaid Northwest Qcarter of eaid 5outhwest Quartar (NW�SW��)� a -�j�;���rt�:
<br /> dietance o£ 497.42 feet; theace turaing at right angles and ruaning Norkh parallel : -K�4�
<br /> to the Eaet line of the Northweat Quarter of the Sourhweot Quartec (NW�SW�)� s .- ,;.-,.:.,;„,,��f ,,
<br /> '' distance of 283.75 feet, thence running Weat 757.37 feet parallel to the North �•r. '�_,-;,,,��;'�,,,.
<br /> ' liae of said Northwest Quarter of the Southwest Quarter (NW�SW�) to a point 66 -
<br /> feet east of the Weat line of eaid Northwest Quarter of the Southwest Quarter , ;
<br /> ' (NW�S{i�); thence running North parallel to the Weet line of eaid Northwast �• , j;
<br /> Quarter vt the Southwast Quarter (N4J�S4J�), a dietane� of 207 feet to the point of __ __ _ _
<br /> beginn��het Mtt6 dl buildfo�s,improvemenu,fixturec�itnets,dley�.�atew�Y�� ��emenb,tiQl�ts,ptivil�Qet�nd � ��`
<br /> �ppurtmmca IocNed ehenon or fn�nywia p�ttaininQ ehereto��nd tbe rent�,luu�s md protlts,�v,�RfonF�nd nmdnden �
<br /> thereot;fncludtnQ,but not limited to�he�tinQ�nd eoollnQ equipment and iuch pesond prop�ny th�t I��ttach�d!o the �
<br /> Itnprov�ment�so a to constitute�thctu�e;tll ot which,includin�npl�cemen4�nd�ddiUom tA�nto.u henb�d�cl�r�d
<br /> ` �
<br /> to be �p�rt ot the red aqte�ecurod by tAe tlen ot ehis Mort�aQe�nd dl ot the ton�oln�Mle�nf�rnd W h�rHe u th� ; :� �
<br /> N���•,• , 'r•-,��
<br /> Mortpaor turther conven�nk and��rees,wlth MortQ�Qee��c follows: � '���� r
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<br /> 1. P�yment. To p�y the Indebtednta md the interp:►thereon a�provided in thi�Mortp�e�nd the Nott. 1,
<br /> �. Title. MortQaaor k the owner of tAe Property,hu the riQht and�uthodty to morta��e the lroprrt�•.�nd ;
<br /> w�ranfs th�t the Ilen cre�ted hereby I�a tltst md pdor lien on tbe Roperty,�xapt a mq�oth�rwf�e br Kt torth h�r�in. .
<br /> p 7T�e Roperty b wbject to a MortQ�Qe whecefn — � _—
<br /> k the I�IoirtQ�Qee,ercorded�t Hook .Paae of the MoR��e itecords of ����>� `
<br /> rlepraik�.w�AicA Mort�a�e It a li�n pMor to thr lien crated hereby.
<br /> O Other pdor Ile�or encumbnncea: ' ,
<br /> �,;, 9, 7yucK,AneanKnu. To p�y when due�I taxa.�pecid�uesmenes�nd�I other cA�s��i�Qafn�t the Propen>
<br /> � �nd,upon wtftten dem�nd by Moryqee.to�dd to th�p�yrrwn4 required under the Note�ecurrd Aereby,such�mount a�
<br /> ; m�y b wtticlent W�rwble the MortN�ee to p�y tuch uxa.��ments or other chuees�s th�y brcome du�.
<br /> ' 4. lnwru�ce• 7b k�eP tAe fmproremen4 no�or heredar loeated on the r��atate dncdbed Aerefn Imurrd
<br /> �a{n�t dam�e by�n'�nd�uch other Awrd��Mortsaaee may Rq��rq In�mount�u�d with eompusi�i�ceepuble to th�
<br /> t yertpKe� �nd wIN lo�payable W tse Mort;�ee. le cak ot lo�s under�ucb policies the Mortaaa�e 1�wthori:ed to
<br /> �djust,aoUect md eo�npromlu�In tu dbctttlon�vl cWuu Nereunder at Its ale optfon. �utAodsedcoefth�r�ppl� ehe
<br /> ,� prawd�to tbe�tmation ot the Yroperty or upon the indebt�dnesi wcuRd hereEy.but p�ytn�n4 h�nunder�hdl com
<br /> . � u�u: �w:r,���.����Ra��nay.�w+a i,:��.
<br /> . ' 6. O Finow Fot T�c�s�nd learu�a. Notwithitandfna�nythin�eontain�d in pan�nphs 9 md 1 her�ot to the
<br /> "r contttry,MortP4ot�htll pay to the MortpQee tl the tlme of pryfna eht montAly InsWlments of pr�nefptl�nd roterest.
<br /> oe�•trdtth ot the ynrly taxe�,we�tmenls,Awrd fn�urance premfums,�nd peund rents(if �ny)which ma�� �twn �
<br /> .._.._�__� _�� _.•�.......�....•��.,.�.n r.,.��jw,.�..e��n.ev tL.Morieuee.71ie�mounts w pald�hall be
<br /> p�1oTi'ry o�ei inu mv��Nltc�wu«............,, ......___.•_.__--- -- - ..
<br /> h�ld ey tAe Mori{a4�e�rithout Intere�t�nd�pplfed to lhe p�yment of the Items in tKpect to whleb�uch�mounts wrn�
<br /> depwlkd.'Ibe wnu p�id to Mortp�ee h�reunder arr Pledpd a��ddltfond�ecurity tor the Indebtedn�wcund by eh�b
<br /> Mort;lje.Mort�or�hdl pay to Mwrt�a�er the unount of�ny deticfency between the�ctud laxes,�seum�nu, iiuurance
<br /> prtmlunu and{round na4 and the d�palt�he�runder�vithln 10 day��tter dem�nd i:made upon MortpQor nque�tlnQ
<br /> p�ynwat thereot.
<br /> �, R�p�U,Maint�n�oa�od Ure. To promptly rep�ir,teston or rebuild my buildlnas or improvements noM or
<br /> h�re�her on the Property;to ke�p the Property In�ood conditfon�nd ropir,�Ithout wate,md tRe hom mech�nfc i or
<br /> otEerikm not expretsly�ubordimted to tAe Ilen hereof;not to make,�uftet or permit�ny nuluna lo exlst,nor to dirt�ln•
<br /> hh or fnipdr Ne�ralue of Ne Property by any �et or omluion to�ct;and to comply wlth�II eequiremen4 ot I�N wnth
<br /> tetpect to tAe Roperty.
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