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<br /> ']:8.�, �U�. 'C)c�S ,: MOItTGAGE
<br /> Th(c Mortgage.is,entered;into between.�I� G.. ARF.E��tt2' �TD ONETA AREHP.RT, f3usband at1C1
<br /> � , '' Wz.f� _ , , (herein"Mortgagor"}and
<br /> ;.,- � ,::• TF�,QVERLANII� NATICH�IL BAl3K OF GTiF�DID'�SI�fID CYaild Isl.at7d Ne.laaska(herein•<bLartgagee„)
<br /> 73,853.62
<br /> : ,. . . . ..
<br /> � �; �r: .. :, Moctga((or is indebted tci'blortgagee'in the principat sum of$ ,evidenced by Mortgagor's nate
<br /> ' , 1Nat�ch 17,'1978
<br /> _., dated.' (herein"Note")providing tox payments of principal and interest,with the balarvice of the
<br /> '` -'= iadebtedness,it not saoner paid;due and payaWe on ��
<br /> �`,,: . • _. ; To secure the payment o!the Note,with interest as provided therein,the payment of alt other sums,with intc+rest,
<br /> -" ' .advanced by;Moctgagee to protect the seaurlty of this Mortgage,and the performance ot the covenants aad agreements ot
<br /> the+Mqztgagor:rnntained.herein, Mortgagor does hereby mortgage and convey to Mortga�ee the tollowing:described
<br /> ' P�Pe�S'lorated ea �,-1 County, Nebraska:
<br /> � '.: ; 7�t Five (5) in Geer Subdivision aiici ibts Six (6). Seven (7), aryd Eight, (8)
<br /> , of C,errett's Subdivision, located in the Nartheast Quarter (L�'3s) of
<br /> Section Nine (8). 2bwnship Eleven (11) North, �n4e Nine (9) West of the
<br /> 6th P.M., Hall County, Nebraska
<br /> . - Toget6er with all bui►dings.improvements,fixtures,streets,alVeys,passageways, easements,rights,pt3vileges and
<br /> ;, '•_appuztenances located t6ernon or in anywise pertaining Wereto,and ihe renis,issues and profits,reve:sions and rnmainders
<br /> , �;; , thereof-,y including,but not limited to,heating and cooling equipment and such peaonal pmpetty that is aktached to,the
<br /> improvemenfs so as to constitute a tixturn;all of which�including replacements aad additions thereto,is hereby dealared
<br /> t ' " W be.a part'of the rnal estate.secured by the Iien of 4his Mortgage and all ot t6e foregoing being reEerred to he[ein asthe
<br /> � ' , ..�PertY�,
<br /> � '; Mortgagor further convenants and agrees,w?th Mortgagee,as tollows:
<br /> ; ,'.,_ ;. . '.
<br /> 1:Payment To pay t6e 9ndebtedaess and the internst thereon as provided in this Mortgage and the Note.
<br /> � ;... 2.TiUe. Mortgagoc is the owner of the Property,das the dght and authority to moctgage the Property,and
<br /> j. ', waasnfs t6at the lien created dereby is a Eust and pdor lien on the Property,except as may otherwise be set Potth herein.
<br /> �,` ❑The Property is subject to a Mortgage whernin
<br /> ,
<br /> �'_ . is the Mortgagee,=ecozded at Book ,Page of the Mortgage Records of CountY,
<br /> ! . :: Nebraska,w6ich Mortgege is a lien prior to the lien created hereby. _
<br /> �I Other prior liens or encumbraaces:
<br /> �: , 8..Ta�ces,Aaaeswnents. To pay when due,all taxes,special assessmenu and alt ot6er.charges against the Property
<br /> and,upon wrltten demand by Mortgagee;to add to the paymenis required under the Note secured hereby,such amouat as
<br /> may be;suf8cient to enable the Mortgagee topay such taxes,assessments or othez charges as t6ey become due.
<br /> ._.
<br /> 4. Insutaaee. To keep the impzovements now or hereaftez located on the real estate described herein insured
<br /> ' ` against damage by Sre and snch other hazazds as Mortgagee may reqnire,in amounts and with companies acceptable to the
<br /> �,'-'', , Mortgaeee,and with;loss payable to the Mortgagee. In case of loss under such policies the Mortgagee is authorized to
<br /> , ,
<br /> ;„-.. „ . adjust,;eollect,,and compmmise,in 3ts discretion,all clsims thereunder at3ts sole option, suthodzedtoeitherappiy the
<br /> -'` ' �iiocseds to the restoration rof the Property or upon the indebtedness secured hereby,but payments heieunder shall.con-
<br /> ' _ ` _-`', tlnUe ;mtil the:sums secuxed hereby are.paTid in tull.
<br /> ; ��S�O 8srro h�r Taxes;and Insusance.1Votwit3�standing auything mntaiaed in ParagraPhs 3 and 4 hernof to the
<br /> _, ;, ,. , ort�,sgo pay.to the,Mortgagee at.the time o£paying the monthly installments of principal and interesk,
<br /> ?°-: :':;one-tavelfth-of'the yeuly,rtaxee.;aseessmenffi,.hazard.insurance premiums,aad ground rents (i[any)which may.atta[n a
<br /> _ ...ptiarlty�over;Wie'Mortgage all.as.reasopaWy estimated from time to time by the Mortgagee.The amounts so pald shalt be
<br /> a i,;, r Leld bp'the Mortgage4 without laterest.and;applled to tfie payment of-the ltems in respect to which such amounts were
<br /> � deposited '1Le-sums pa(d;o Mottgfigee=hereunder'are ptedged,as addltional secudty tor the indebtedness secured by this
<br /> �'}F w� , Mortga�e.biortgagax ahallpay!o Mo[tgagee ttie amount oi any deticlency between the 8etual taxes,assessments,insurance
<br /> 4 r� a�pepmi��and grouad.tents and tLe�deposilc-.hexemidei within 10 days after demand is made upon Mortgagor requesUng
<br /> :9 _
<br /> 9�": 3r2 }t�n�euithereofi`. : r . ; ,. ;
<br /> 1 fa �i,;8 _ : . i:. . ._,
<br /> „ RepaiC.11Wnteoance and,Use... To pmmpWy repafr,reatorn or retiu�d any buildings or improvemenfs now or
<br /> � "'• � '� hereadEer on thi'Property;`to keep ihe Pra�erty in`gaiod toltdition sad repair,wit6out waste,and tree from mechantc's ar
<br /> � ,-, ..,. _,. .._.. ._ , ._ . �. _ . , ..
<br /> ot6er'I[ena ndE.exprea��y�sui�ordi�ated•to�f�►e lien hezeol;�aot to make,suffer or permit any nuisance to exist,nor to dimin•
<br /> '°ish oc*impair the:^value�of'the Roperiy by�y act'or,omission to act;and to comply with all requirements of law with
<br /> � � teapec�'to the Pcope�rly.,' :,
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