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<br /> i �, � MORTt�A(�E
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<br /> '� Thi$11Qortgage is entered into betw�e Gene R Sni*h and HeZen A Smith, husband and wife . , <
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<br /> (hesefn�do=tga8or'�and G
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<br /> • � Five Point3 Bank, a Neoraska Corporation (h�����'�• �C . ' •
<br /> Moa�ga�or is indebted k►MortgaBea in the prinoig►al ewn oY S �-�A 5� -evidenoed by Most�t�or's note . .� , �
<br /> dated hlar � . 1 A97 _(harBin"Note'�p��iding for payments oY prinaipal and interest.with the balanoe o4the �.` '. ' ;�,
<br /> indebtednes9,it not sooner p:iid,due and p�yable on JanuarY 20, 1999
<br /> � • ant oi ail other suma�th inter '•' ' F�..`-�
<br /> To seouse the p�yment ot the Not�.with interas6 as pmvided therela,ffie paym _.°,G �..
<br /> es�advanaed by Moi4gagae to proteat the seauri�q of this MorigsE;O,and the perfonnauae of the QovananES �d e�'� � � - ��Vir��
<br /> - meata of the Mortga�or esontained herein,Mortgagor doea hereby mort�ags and conv�y to Mort�agee the following � ,.
<br /> � desoribed .
<br /> .�`..•_��
<br /> proper�y looated in Hal t ��}�q�Nebraska. I i�N�'i� '
<br /> Fast Sixty-Qne Feet (61') of the (tiest Eighty-Five (85') of Lot ThY'ee (3).
<br /> Block One (1), Westerhoff's First Subdiviaian to the City af Grand Istand, . � ,,�3 .
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<br /> Hal? County, Nebraska. ': . �..�,� :�x'. .
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<br /> To ther wlEh all buildin�a,improvemenLs tiaturea,s6reete.alleye.PtissageWeys. "' . �'�
<br /> Se $ f�! _°-�
<br /> and appurtenanaea looatsd tbereon or in a�ywise Fenaining thersto.and the sentr�.lssues and proSta.neveroioas and ,�,.,� ,
<br /> r e m a i n d a r s t h e r e o i;l n o l u d i n g,b n t n o t l i m i t s d L o.h e a t i n g a u d o o o l i n g e q n i pment and enoh personal proger�y tbat 1a ':.�,,,° _
<br /> ettaohed to the iffiprcvemeata sa as to aoastitute a tiuture:all of whioH,inoluding replaaemente aad oddittons thoreto.is . . -
<br /> hereby deolared to ba a pait ot the real estate seaused by tha lien oi thie YKortgage and all of the foregoing baing refeae6 _ .• _�;�
<br /> to hereia as tha"Praper�y". --
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<br /> � . Mortgagor iurther aovenante and s�ees.with Mortgagoe.ae follow� . ��::::�
<br /> '_�°,°
<br /> i. Piyment To pay the indebtednaes and the interest thereon�procided in thi�Mor�e tsnd the Note. , ' �' ''
<br /> 4 �.T.
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<br /> A. Titla Morigagor is the ownez o!the Proper�.has the rlght aad�uthorItq to martg�a tl:e Pmper�,q.aud war _ •
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<br /> � rants thnt the Sen oseated herby is a fiist c►nd prior 11en oa the pmper�r.e�eSt as mey otha:wlae be set YoriB hereia. . ,w.�.�-
<br /> I� The Properly is eubjeot to a Mortguge wherein �►utson Mortgage is . � �.�.�
<br /> the Mortgages.reoor8ed at Book .Page oifhe M�ast�ge Reaorde oi Hatl . '
<br /> County,Nebsasko.wLioh Mortgage is a Hen prior to the lien oreatsd hareby. " _
<br /> '. O Othez prlor liene or enaumbraaaea '. .
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<br /> S T�es,Assessmento.To pay when due all ta=e�,epeoisl assessmente and all ofher ohargea ogainst the . .
<br /> � property and,upoD wrltten demaad by Mortgag�e,to add to the payments iequired under the Note seaured hereby,suoh �
<br /> atnount t�n mqy be suHioient to eneble the Mortgsgee to pa}►suoh t�ea,esaessments or other obatges ss they beaome �
<br /> due. :
<br /> ' 4. Iasnranae.To keep the improvemants now or hereafter loonted on the reai esiate desoribed herein insured �. . •
<br /> ( against damage by fii+e and suoh other hazax�as Mortgagea mqy requlre�in amounts and with companies aaaeptable to .
<br /> J the Mortgagee.and wlth losa p�yable to the Mortgsgee.In oase of loes nndos euoh polioiea the Mort�ee is authorized
<br /> � i to sc�ust,ooIIeot and compromise,in its disoretlon.all olaime thereunder ut its sole optton.authorized to oitha:appty the �
<br /> ', ploceeds to the restoratton of the Property or upoII the indabtsdness eemuod hereby,but psymsnta heseundor nhall aon- �
<br /> � tinue until the oums seourod herehy are are puid in tu11- .
<br /> � aonisined in hs 3 and 4 hereof to � �
<br /> 5. O Esaro�v For Taies and Inanranae.NotwiEhstanding anythia8 Par�P I • . .
<br /> ' � the aontrary.MolEgxgor ehsll pqy to tho Mortgagee AL the time oi�&yftlg the moathty i*����**�eate of psinolpel BI�d inter � � • __
<br /> { esc,onetweltth of the yearly taaes.esseasmente.ha�rd insurnnco premiums.and�ounai rents(if aqy)whioh maq aCtaln ` � ---.
<br /> A D}�OTILV AVBI tI'1�8 MOrtSB$0.s11 a9:'easonably eatlmsted from time to tfine by the Mortgageo.The amounEs so paid flh�U - .
<br /> ' be hald by the Mortgegeo without interest and applied to the payment of the items in respsat to whioh suoh amounts � �
<br /> were deposited The sume paid Eo Mos�t�ngea hereunder sse pledged ag additional seourity Yor the iadebtsdness seoured , �q
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