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<br /> TWsMortgage ieeateredintobetween Donald D James and Bonnie M Jame� Y.. .
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<br /> h u s b a n d a n d wife (Lereia"Mort$a�or'��►nd Q �;�?:=�="=
<br /> � Five Points Banka a Nebraska Corqoration_ (�erein°MortgaQee'�. �'' -�
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<br /> � Mort�a(�or i�indsbt�d to MortQaase ia th�prinoip�►l�um ofi 5,276.50 , evldeao�d by Mot�t�oih aote '��_--
<br /> ��R U c��U St 7�1997 (h�r�ia"Not�'7 grov'idin�for p�y�a�ntr�oI�rinolpt►t anQ interes�,�vlth the bwlaace of the _
<br /> Ind�bt�dn��!f not�ooa�e pnid,du�i►nd payabb on A u 4 u S'� 10. 2007 '
<br /> 'ib�oyr�th�pyran�nL ot th�Not�.�rith Int�r�ri�+provid�d tbnsia,the p�ymeat of�ll other suau.wlth Wter •,
<br /> �st,�dyaao�d by Mort�e to proteot th��ourity ox tbl�Mor1�aQ�,wnd th�p��Iormanoe oi the oawnanta +►nd�se' f;
<br /> ai�ata o!th�Morf�aQos oontain�d h�s�in.Murt�aQor dw�h�reby m.ort�a�s and oonvey to Mort�se the tolYowing ,
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<br /> � properR9looated!n H a11 Couaty�N�brYks. . �,.� ,:- --
<br /> Lot One (1), Block Two (2), Westroads Estates Second Subdivision to the ','�� " ,�;;�
<br /> � City of Grand Island. Hall County, Nebraska. .,'�� ' ;t:t.:
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<br /> � Tagether witL all buildinge�imProvements f�turee� �trest��alley�,P�awgevrai'��e�emeat�,s�hta.prlvlle�et _�.__ -
<br /> � wnd appurtenaaoea loosted thezson or ia�aya�Le PertaininB thsreto. �ud the rents.i�sue� aad profita.ra�wr�ions wad i•--�-.-�-
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<br /> � ;,� remsindeis thereo�inoluding.but not limited to.he�tln�and aooltag aquipmeat�►nd �uoh peisom►1 properl3►th�t ii �'3��:'
<br /> . ,�� �ehed to the improvemants eo ae to oonstitute a l�ture:all of whioh.inoludin�replwement�and�dditlons ther�W.is _ -----_
<br /> � hereby deolared to 1�e R P+►tt of tha real astste seoured by the Iien of thL Mosfgage wnd all of the foreQolna be1wT�e� "��s:,,,.
<br /> , to herain as the"Property". -----
<br /> ; Mort�or lurther aovew►nte wnd agreee,�viLh MortQa�ee. +u inUmvs: __ _
<br /> .� i. p��m�n�To p�y the indebtednew and the interesL thereoa ae provided in this MortQaQe aad the Note. ;�.}L 4�
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<br /> � A. TiW.Mort�or is the owaer oi the Property,haa t he r i a ht ut d�u t ho ri f y t o m o r t��g e W e P r o p e r f y.�u d w a r ,, ;
<br /> . rants tbat the lien ore�tsd herbq is�►tiret and prior liea on the properky,ezoept a�m�y atherarlb be�et forth herein. ,�j���
<br /> � The proper�yr is�ubjeot W a Mortgage wherein P r ud e ntial •� °'= `�'"
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<br /> the Mort�ee.reoorded at Bonk,..__�� ot the 1Vlnrtg�e Reaords of H a11 . .. ' . . ,
<br /> County,Nebraslp►.whlah Mortgage ie p lien prinr to the liea orented henby. j .• .
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<br /> C] Othor prior liem os enoumbranaee:
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<br /> -s Ta�s�, Ar�ament�.To p�y ahen due oll La=et,speoial�seetsmeni�and all other oharges agatnst Lhe •
<br /> picoperty snd,ugon writtea deme►nd by Mort��ee,to ndd to the ps�yaients required under the Note�eoured hereby.suoh .
<br /> amounL a�may be suSlolent to enabls the Mortgagee to psY�uoh taie�, �tsss�ment�or other oh�ss�s t1ie3►boaome
<br /> � due. �
<br /> .�_, ..�� ..h�.ufl�w*levnls�el nn tha 1b�1 estate desoiibed het�in 1IISUred.- •
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<br /> �gainst d�►mage by fire�nd suoh other ha�ard�as Mortgagee may nquire.in sa►ount�and with oosnpaales aooaptabYe toe ;
<br /> tLe Mortgagee,ond wlth las pRypble W the Mortgagee.In aiue of loa�under euoh poliolee fhe Mortg�ee is authori�ed+�• I
<br /> to sc�ust,oolleot snd oompmmiea,ia its disoretion,all olsims thenunder at ite aole option,authorised to either apply the;;v i
<br />- proaeeda to the restoration of the ProperRy or upon Lhe indebtednees seoured hereby,but p�yments hereuader ehall aon-
<br /> � tinue until the sums aeoured hereby are wre pdd in tull. '*
<br />- , 6, p F�orow For Tues and Iasuraace.Notwlthetandfng�ything aontalned in paragraphe 3 and 4 hereof So
<br />' the oontrary.MortQaQor�hw11 p,q to the Mort�aQee�t the time oi parylna the nnonthly inetallment� of prinoipsl wnd inter �
<br /> eet.ono-twelith of the yesr�V tauces,esoessments,ha�ani ineur�nee pr�emiume.and gcound rente(if any)whioh may attsin
<br /> a priorlty over thie Mortgage.all.'+e reuonsbly eatimated irom time to tlme by the Mortgsgee.The smounts so paid ehall
<br /> be held by the Mortgsgee without intareet and appliad to the psy�nent oi the iteme ia respeot tu whioh suoh amounts
<br /> � arere deposited.'I'he sume paid to Mortga�gee hereunder are pledged eu a,dditfonal eeourity for the indebtednoea eeoured
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