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<br /> ��. : .�7�� c�r�� �0 2 A�l C) R T C A G E �: �
<br /> ; Thie Indenture,Made hy and betw�n ...:DONALD.E;.'..SHINABERY.:: .and...LAAIA..,T.......SHINABERY:.,... ..:...... ` '
<br /> . � _r111Sb3Ild,driC1�-��W1f,-.C.,t,:,. ._,. .,,_�; , �� '� ..��whetherone�ormorehereinafterreferrcdtoasmortgagor ` � �
<br /> ; : ana TEiE:O�IF.ItL�ADID NATIt7N61T� BANK OF GRAND"TSLAAID, .�'�d Island, Nebraska, hereinafter
<br /> ` referred to as bank
<br /> � The Mortgagor for and in considezat3on of($100,000 QO � -- ,, —' — � ,
<br /> ; One Hundred Thausan�d And:No(100.r .--.. ..... . ......`._. ....._ . . : .-�t�oLr.�.S.uaid by the bank.
<br /> --......, . . , .. _... .. ... �
<br /> the'receipt �+hereof is hereby acknowledged, hae gmnted; bargrtined, eold and conveyed, and by the preaente, does grant,
<br /> P ,
<br /> '- nd��8e11 and convey,untu said bpnk,the following deecribed real property eituated in the County of H��c.. ....._.: . ....__......
<br /> , State of`•Nebraska,ta-wit:
<br /> :; See Attached Described Real Property
<br /> ; ; `
<br /> P together�with all.the�tenements, hereditaments and appurtanences to the same belonging, and all the estate, title, claima�and � �
<br /> ���.�demands.�whatsoever:of�the.nxortgr�gor o£, in or to said pretnises or any part, thereof;�and said mortgagor�does-hereby cov-�� � .
<br /> enant, thaE��the mortga�or�is lawfully�seized of said�prernises,that said premises are.free .from incumbrance and mortgagor. .
<br /> ' i ,� will warrant and defend.the title��to.said premises against the claims and dernands of�all persons�whomsoeven � . .
<br /> � .,:': . . .. ..,.
<br /> ' � : � PROVIDED ALWAYS,�and. these��presents are upon these conditions: � . � � � � �
<br /> �, � � WHEREAS,�,the mortgagor has executed and delivered to the Bank.......... a,Cer�31T1,...........�...........:...promisaory note �
<br /> ? � . � . . � .. . � . . � � .
<br /> � ( and has��agreed to�maintain�fire, windstorm and extended coverage insurance�on said prernises in amounts required.and in � �.
<br /> +�i ".companies�approved�by the�bank and with standard�mon-tguge clauses which policies shall be deliverec3 to the bank, and has
<br /> .�agreed to�,.pay,all�taxea and.�assessments levied against said premises before�the�same become delinquent and to maintain�said� �
<br /> i <pre�nises_
<br /> � S _�, Now, therefore, if�the�mortgagor shall comply with all of the provisions of said note and the provisions hereof, then � �
<br /> y,. these presents shall�be nnll and void.�. . � . . . .
<br /> � .� However, if�the.above�note and interest thereon or any payments called £or thereon are not paid when due or if any �..
<br /> of the eovenants nf�.this�instrument are not.complied�with,the bank, or the holder hereof, st its option may.declare.the rn- �
<br /> � maining�balanee of.said indebtedneas due and payable and msy inaintain an action at law-or.in equity to recover all amounts �
<br /> � { � -dne�and��enforce the�provisions�hereof. In the�event of.the failure ot mortgagor to maintai�i the premises, or�to�maintain .
<br /> -� - �insurance�es�is above.pravided foi•, or to pay taxes nr assessments,the holder hereof may advance the sum or sums neeessary ��
<br /> � ��� Lo��obtaim compliance �and such amounts shall be�added to tl�e amount due on the above mentioned note and bear �interest.at �
<br /> the highest legal rate.
<br /> �� � IT�IS�FURTHER�AGREED, this mortgage�shall constitute notice hereof, that this mort�age is security for not.:only .
<br /> � ; , the�.�amount.advanced�concurrently with.khe execution hereof but all future advances which may be made at the option of the � � ' ;:'�
<br /> . �parties`or�their assigns.up to�the tota]amount stated in this niortqage, to the�same�extent as advancea originaliy�made here- .
<br /> �.�ander. Further notice.�is..hereby�given that the tenor of each biortga�e Note including tihe interest�rate, payment, maturity,
<br /> ����-penalties,�and other�.terms�shall�concurrently.upon ekecution�become a part of this mortgage.� � . � � � �
<br /> IT�IS��FURTHER�.AGREEI>, that the�said DSortgagor shall and will paY all taxes levied upon this�mortgage or the debt � � �
<br /> secured�thereby,together�with any other taxes or assessments w•hich may be levied under the Laws of Nehraska,against�the . �
<br /> ��'said'�Mort�agee or the legal holder of the said principal note(s)on account of this indebtedness, � � .
<br /> �IT�IS`FURTHER AGREED, if ab any�Lime, while the�mortgage is in effect and the note for which this mort�age is .
<br /> given as�security,:or any�part thereof,remains unpaid,the vndersigned Mortg�gors sell, convey or contract to sell the real � �
<br /> �eatate'herein described,or�any.part�thereof,or tl�e Mortgagors do not huve or cease to have title to said real estate or any . � .
<br /> � ��part thereof,�then'nnd in any such events,�the Mortgagee may,at its option, declare the�unpaid principa] balanae; and interest, ,
<br /> t - �of�the note�secured�.hereby�immediately due and pnyable�. In the event that khese premises are notnow,�or shonld hereafter,not �
<br /> ; �be'occupied�by mortgagor�then this instrument shalt constitute an ussi�nrnent of rentals and service of n copy thereof upon the��� � �: . .
<br /> '* Y �� .�accupant shall�be:�sttfficient to require all paprnent for rental or use of the psemises after date of such serviee to�made to -
<br /> � moTtgagee.
<br /> � Signed th�a......:.. 16th.........aay of ....�?�`t...... .. ........_./�..... . 77
<br /> {��\.. 1 . .... ......
<br /> � ,:. . ..:� �� In.preaence of � . � � � � � . .Ra1..lS'� _ . . .. :.......---... � .
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<br /> .. � . . �dYd � � ................... .
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<br /> E gF.:__ NEBRASK?'.: .:. _ counta or ......E�..... : . ��.: ana J.
<br /> 1^8��ne s natary public qualified for said caunty,personally came Ikrt]s3ld E. Sh3n3b2ry an �` Shinabery
<br /> o c�;.� e the dentieal.�erson oi persons �ho,signed th.e�.forcgomg instn:mer.Y�nd acknowledged the exccution there- �
<br /> of. ,'��,�B1�lleir tiroluntary act.•an3 deed. . . . .
<br /> �; : $fg� '& ry'� � . .. . . . �
<br /> ;k ' WithER�� d notarial seal�on t. . . . . :. .. 77 . . � � .
<br /> .... ��.. �,�...................__ _,19
<br /> '� � My��commission e��¢ite�i�� �'.�`.:d...�.: . �...�:., 1��.. � � .......s���?,r���'`!'.�n'�,.._...Notary PubIic. � �
<br /> . . .. � . . . . . .. «�
<br /> ' � STATE OF � � � �7 � Entered on numerical index and filed for record +`'` �� �
<br /> s County � ._:. � �.��. S �. � ��in the Reaister of Deeds Of£ice of.said County the � �' �
<br /> � gg
<br /> �� _._....:. .. � ...._<..day of---. ......... . ...._.:-�.., ]9._.:: .., at..:::. . .....�........o clock and._�:. .. .. . . ..�.....rninutes .._ ..........M., � �. .'t � �"'
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<br /> .,. , . . . . .. . . .: ,��'�s�
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<br /> , and recorded'in Book:_.. ...:...: ............ .of...... . ..;. ... ... .........:.at page... , ...... ....._....... ..: ..._....... ';,;..,
<br /> , . , .. _ . .. .....:...:._ .. ...:..�.................... .. . ..... ... ........ .......8eg.of Deeds .:�: .,w"w�"..:� .� . .
<br /> �� . . ..�.- .w.'.�:. :,.
<br /> � BY.:... . ...'.... � .�..........:.........,.. .........._.........._....Deputy
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