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<br /> 7i'- t�O�3 91 � � � "T d� � �
<br /> ThisIndenture,M�debyanabec".een ... JOHN..DHILLON,._INC,._,._A.Nebraska_Co.rporation. . ............................._
<br /> , . __ .. ..:...... . .:.......... whether one or more hereinafter referred to as mortgagor
<br /> ana ��THE OVERLAND NATIONAL BANK OF 6RAND ISLAND, Grand Island, Nebraska, hereinafter
<br /> referred to as Bank
<br /> (' TheMortgagorforandincane�derat�onof(3 �jQTQ�Q .�D }
<br /> 1 Fifty Thousand and No/100 . :: _ ... ... _... ....:... ... . . .....:. .. vor.�ts.ua�dbythebank. �
<br /> the receipt whereof is'herehy acknowledqed, has granted, bargained, aold and conveyed, and by the preeents, does grant,
<br /> ..:.
<br /> ' bargain,selI and con�•ey,unto said bank;the following describcd real property situated in the County of ....... .H d��
<br /> ......... .................
<br /> and'State of Nebraska;to-wit:
<br /> Lot Ten (10) Bishop Heights Third Subdivision, Hall County, Nebraska
<br /> together with all the tencments, }iereditaments and xppurtenances to the same belonging, and sll the estute, title, claims and ��
<br /> � � demands whatsoever af the mortgagor of,in or to suid premises oz any part, thereof; and said murtgagor does hereby cov-� � �
<br /> . enant, that the mortga7;or�is�Itiwfully seized of saicl premises,that said premises are free from incumbrance and mortgagor .
<br /> � wi11 wan•ant�and defend the�title.to saicl premises against theclaims and demands of all persons whomsoever. � � �
<br /> . PROVIDED ALWAYS, and these presents are upon these conditi�ns: � . �
<br /> WHEREAS, the mortgagor• has executed and delivered to the Iiank .......... . ,_.d C2Ptdl ll promissory note �
<br /> and has xgreed to maintssin fire, windstor�n and extr.nded coverage insux�ance on said px•emises in amovnts required�and in
<br /> .companies approved Uy the bank and with standi�rd mortgagerluuses which policies sha11 be delivered to the bank,�and has� � �
<br /> agreed to pay all taxes and ussessments levied a3;+�inst said premises Uefore the same become delinquent and to maintain said. ,
<br /> �� � premises. � . � � � � .
<br /> � � Now, therefore, if the niortgugor shall camply with all of the provisimis of said note and the provisions hereof, then � ��
<br /> � these presenta shall be null xnd void. � . �
<br /> . � � However, if the above note and. interest tl�ei•eon or any payrnents cuRed for thereon are not paid when�due or if any �
<br /> � of the covenants of this instrument arc not complied �vith, the bank, or the holrler hereof, at its option may declare the�re-. .
<br /> � maining balance of said indebtedness due and pxYable ane3 �nay m�intain an action at law or in equity to recover all amounts �
<br /> due�and enforce the provisions hexr.of. in the event of the failure of mortgagor to rnaintain the premises, or to maintain.� � ��
<br /> insurance as is above provided for, or to pay taxes or assessments,the holder hereof rnay advancc the sum or�sums necessary' �. �. �..
<br /> to obtain compliance and such amounts shall be added to the amount�due on the above mentioned note and bear interest at �
<br /> � the highest legal�rate. � � � . ��
<br /> �� � � IT IS FUftTHEA AGR.EED, this moxt�;ag�� shall constitutz noYice hereof, that this mortgage is security for not only
<br /> . the amount advanced concurrently with the execution hei•eof Lut all future advances which may be made at the option of the � ..
<br /> . parties or their ssssigns up to the total amnunt st�ted in this mortgage, to the. stxme extent as advances originally made here- �
<br /> � under. Further notice is hereby given that the tenor of each �14ortqage ATote including the intec•est rate, payment, maturity, � �
<br /> �� penalties,�and other terms sh111 concurrently upon exc:cution Uecome a part of this mohgage. � . � � � . �
<br /> �IT 1S FURTHER AGREF.D,that the said MorCgagor shall and will pay al]taxes levied upon this mortgage or the debt
<br /> � aecured thereby, together wiCh any other taxes or sissessments which. may be levied urndcr the Ixws of Nebruska,�againat�the � � � ..
<br /> said Mortgagee or the legal holder of the said principal nute(s)on accoucit of this itidebtedneas. � � � � �
<br /> � IT IS FURTHER AGREED,if at any time, while the mortgage is in effect and the note for which this mort�age is � �
<br /> � �,nven as security, or any parti thereof, remains unpaid, the undex•signed hlortgagors sell, convey ur contract to sell the real � . � �
<br /> � estate herein described, or any part thereof, or the RSortgagors dq not hace or cease to ]iave title to said real estate or any �„. , . � �
<br /> part thereof, then and in any such events,the '�Ia•tgagee may,at its option, der.lare the unpaid principal bulance; and interest, � � �� � �� �
<br /> ' � of the note secured hereby immediately due und pny�able. In the event that t.hese premises ure not now, or should hereafter,not � � �
<br /> - be occupied.by mort�agor then this instrument shall constiCute an r�ssignment of rentuls xnd service of�a copy thereof upon the � - � �. � . �.
<br /> occupant shall be sufficient to require all paqment for rental or use of the premises after date of�such service to made to � � � � � � � � �
<br /> . . mortgagee. � . / . . �) . . � . �
<br /> >. Signed this............l................day of.. .... ........_.� ......!7"�r... ._...., 19....��.
<br /> ,� ..........
<br /> In presence of 'Jl7HN DHIL INC.
<br /> .......... ......... ... .. .. ......................................_
<br /> ..:...........::..:..........:._................................ .. ....... .... _.... ..s.v..�...........�i�.�t s-�...... ..
<br /> .. ...............................
<br /> ���""� President
<br /> STATEOF...._...,rf/.y,�y.d..[.lt�d........... .......... County of_._. .�2�d.�L..... _:
<br /> � Before me, a notury public qualified for said countp, perGonn2ly came � � �
<br /> ._� .. known to me to Ue tl:e identical persan ar�persons �+�ho �igra>d the foregoinfi�nstrument and acknowlcdged the execution there- � � � � �
<br /> . . � of to.be his, her or 2neir voluntxry acC xnd de.ed. . � � . . . . . � � �.
<br /> ' .Witness mY hand and notarial�seal on...__.._........... .... ........_.... .................._.. .... ..., 19............. . � .. , .
<br /> My commission expires.. ........... .......�. ...........; 1.9......_ � .... ...................._ .....Notary Public. . � .
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<br /> STATE OF _....:., �. .. ......._ .._..._ . ..._..__ 2 � Entered en numerical indes and filed for xecord ' ��,' _ ' �
<br /> ss. � � . . - ',3`,�
<br /> County � �.:. � . �. �. � f � in the�Re�ster of Deeds Of£ice af said County the �
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<br /> � ���;. ...:. .......:.......day�.�of ..:......',......._..... .,�19..........:�ai:. . .. ....:..� ........o rlock and... .�.. ...... ..� ..:..minutes _...._ _....M., � � � � ��
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<br /> '; �� and rewrded:in Book.........�.... � ... ..... . �.....o£._�. .....�............ . ..... _�....aC page...�.�......... ... ...... ................ . . .,,,�` ,:�.
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<br />� .. . . . . . . . .. . . � ._.....:........ ... .. ......_.....__........._._..._. ......Ref;. of Deede .. ..,
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<br /> .. . � � � � � � By. .,.... ................... ............. . . .... ... .... .........DeputY � .�,..�.. � .
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