|
�____... - _ . . . . _ . . � .: , . _::��.
<br /> � 9�- �t��� . � �,:-�
<br /> by this Marcgaga. Mortg�or ahall p�7 to Mort�a�ee the amount of anq dsfioienag bet�veen ihe actusl ta�es� asaess- � � . . .-
<br /> menLs,insueance preminms and ground:enb and the deposim herounder wlEhin 10 d�ps aRer demand ia msde npoa ; ,
<br /> � _F .
<br /> ; .��r�sw,.�a���w,ro os�t thasAn4 - .-- - ----. _
<br /> g, Repsir.MalBtentpnco e�d Uca.To psompt�t repsir.resBQra or rabnild any buildin�or impmvemeata now or � • �
<br /> hereafter on the Proper�g:to keep ths PropeaRy ia good coaditlon aad�pair.Frithout waste,aad free from meaLBnio's or �
<br /> � other liens aot ezprese2y eabordin�ted te the lien hereo�not to make,eutier or peawit aoy auis�nce to e�st,nor to ':_�
<br /> diminieh or impair tIle value o!the Property by aRy anL or omiaeloa t�ao�and Lo aomply Qvith a11 requirement�o!lac�
<br /> i �vtEh sespeai tA the PY'ogB�y- �.
<br /> � 7. Condamnstton. Ia the eveat the Property,or a�q part thereo4.ahall be takea by eminent domatn.the • , � ���
<br /> j Mortgagee is empowazed to calleot aud reoeive all oompansation whioh mqg be peid for aqy property taken or for da� .
<br /> ages to properey nct mksn.and Mortgagee shall apply euoh eompensatlon.at ite op3lon.eithe:t�a reduatimn o!tha ,
<br /> indabiedness aea�ed hsreisy or to repair and restore the pmgaa�{y so dnmcsaed --
<br /> � .
<br /> + 8. Partormoamce by Mort�ea.Mortgagee mas but ahall bave no obligatloa,to do any aat whioh the Mortgagnr � • �_
<br /> jhas egised but�fls to do.and Mortga,�ea m�y atso do aqy eat it deems neaesaary to pruteot the liea hereoL Mortpgor � ' . R.
<br /> � agre�sa to repay,upon demaad.�ny sums so e�spended bq the Moruaagee for the above purposes.and any sams eo
<br /> �pended by the Mortgagee ahall ba sdded W the indebtedness seavred haieby and 6soome subjeat Ro the liea hereoL
<br /> � Mostgagee sball not inanr ar�y peasona113abilit�9 baoause of enything it me,y do or omit ts do hereuador. . ' a
<br /> ! . ' –
<br /> � 9. Defanlfi Assi�ment oi Bent�.Time fa of the essence heseo�anc4 upon Mortgagos'e defautt ia aRy oavenent • , �
<br /> �
<br /> • or agcaemeai of thfe Mortgage,inoluding aownaate to p�y�hen dua the auma sem�red by this Mort$age.the Mortgagee =
<br /> shall be entitted,at ifs sole option and without notiQS.W deolare all sums seaured by tbis Morcgage to the im�aediaqe�y _ '
<br /> due aad payable and mey commeace forealos+ue of this Moxtgage by judicdel praaeedinBa:and+Provlfled fnrther,tLai .
<br /> upoa euoh dsfault Ehe�orl�ee,or a r8aeiver appoiated by e cowrt.m�q at ifs option and without regaid to th.e adequsr '+
<br /> ay o!the seauei;y.enter npon and taka possesaioa of tha Proper4y and colleat the rents,isaues and pra8ta the=efrom and . • , ° �
<br /> ey
<br /> � � ,- � apply tliem�st to the cost of aolleottoa and operatton of the Properfy sad then ugoa the iadehtednesa seaured by tt�ie ' . °'��S
<br />• Mortgag�safd reata issaes and pmSta being assigned to the Mortgagae as f�rther secnrif,y tor the peyment oi the :_�;x�.�"
<br /> , , indebtednese Beaured hereby_ � � : ; � .A�--.
<br /> � 10. TrAaster oi Propesty.Ii all or art oi ihe Pro rtq is sold or transterred without tha eapress wrttten aon ..j"'� =`�:
<br /> �9 P Pe `� tr"°°�.�_'..
<br /> , aent of the Mostgagee. Mortgagee mey at its sole option,dealare aR euma seoured by thia Mortgs8e to be immettiate;y .. :a,?
<br /> � , dae and payable. ` „ 't� �_
<br /> •� � . .��
<br /> � =..j 11. 8atare Advaaaea.Upon request of Mortgagor,MorSgagee may make additional and futtue sdvanoea to : t '. l ' �
<br /> • Mortgagor.Suoh advanoes,with iatereat t1iereon,ahall be seanred by this Mortgage when evldenced by pi+omiesoay notes , �•.� ,:.`�: ,,• .�.
<br /> � s�ting tbat said aotes a�seoured herehy.AL no tima eball the pslnoip a l amount o t t he i n de b t e d n ssa sea u r e d b y t h i a ' : � � �
<br /> � Mortgage,not inoluding sums advanced to Pmteat the seourixq o!this IV4ortgage.ercaed the ori�nal Note. i- ��
<br /> 12. �e1ls�ueousPravl�iona. , .*:y �`*. '!� �
<br /> u '
<br /> . s —.
<br /> � . �.....:'� . .
<br /> � ` (s) Aqy forebearanae in eaeroising any right or semedy sLell nof be a waiver thereoL , .�.��`"'��
<br /> � .. , f•_.
<br /> (b) All remedies provfdad herein a�disEiaat and aumulative to a�y other right a![orded by law or equi�ly. �,,,, � ��� ( -
<br /> - aud ma,y be exeroised oonaurrent�y.iadependently or suocessive�y. _ ..� . Q-
<br /> , .,»:r�%�:��#
<br /> I (o) The oovenante and egseamenta csoatained her8ln oLall bind.snd the rights inura to.tha�+eapeative sno- � '��`�•r
<br /> - aeaeoss snd assigas oY the Mortgagos and tha Mortgagee. ��"� �l� -
<br /> - �'�*.�•
<br /> •� (� All aavenaats and agreemente of the Mortgagos are joiat and several. , ��.��
<br /> . . . � � . . ,'
<br /> (e) The headin�s of tho ParagraPbe oi thta%ortgage are for convenienoe only and ehall noi be used to intar ��r�'�
<br /> pret or deSne the pmvisione heseoL . � ' ""`�
<br /> :�! '?�..�..:�.
<br /> �1 - .i\ "
<br /> � 13.R�ea�e. Upoa p�rment of all sums seoured by Ehis D/iort�ge.Mortgagrea ehail disoha:gs tLis Mortgsgo sud � �"� �._ "___
<br /> • ' eLall eze�cute 4ad deHver a eatls�faatory retease therefor. .
<br /> �s --_
<br /> .. '�r.. �
<br /> , . . . +' �
<br /> . �, �
<br /> , IIV WITNEBB WHEREOF,1LSostgng�or Las eaeouted tbia Mortgaga oa the �tir�1 dqy oi March _1997 - ' ' � ,
<br /> �� ,'
<br /> Gen R. m�t . aoao..i . . • _.-
<br /> . � � .
<br /> Helen A. Smtt �r � � �.
<br /> 6fate oi NebzaskQ, Hal l ��ty�; . � _
<br /> � On thie 26tta day oi MarCh ,19 97 .before me,the undetsigned,e Notaty PubHo • •
<br /> . duly oommisaioned aad quaLfled tor said aounty.pe:sonnl�y oame �ne R. Smith and Helen A. Smith, . . • � —
<br /> husband and wifE .w me lmown to trs tha
<br /> idantioal pe:aon(s)whoae name(s)are subsoribed to the foregoing inatn�ment a�nd eolmowle�ed the ezeaution thereot . .. .'�
<br /> to be their volun�sy aot and deed. .
<br /> Witness my hand and notarlal senl at�and Island� Nebtaska in said aounty.the � F;��i
<br /> date afo=es�td. �.
<br /> IV�yCommissiouexpirea: GEHF�Ut1.NOTAAYSt�dW0rtf4t '. � �la�j�- ' ,
<br /> DEVAA IYkELROY ��""•–
<br /> . � f ���.�p,A�eq241�+7► Notar9PubHo �
<br /> . � . •
<br /> � .
<br /> : ;�:,c�,:�ras � ' �
<br /> � �Natlonal Bank o1 Commorca Trust and Savings Assoc�atlon,luscoln,Nabraska ��
<br /> • ' 1. _ ��.
<br /> . . - _ . . . . .. . .. .. . _ ...-•-.__.—.__._.*.— ._._._ ._. .. � ,�i�-'=�.
<br /> , Y;f _ -^f.-'r�-.
<br /> _ ' ,r ' ' t.' . ,. . _ . . . .. . •�� . • ` , . 't' • � •.. .. _ . •���{.. '
<br /> � � . ' . . � . , . . . . . . . , � . _' . _
<br /> + .. _ . • . � . . •. .• .. �• . • . . . - - _ 1 .. . . �l�• .. . •. 1.i - - ^ • . • - � . ... 1
<br />
|