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<br />MORTGAGE 88- 106367
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<br />'Ibla Mortcall' lI.nlered Into ...tween' .-\lirgll KAnt WilkA and Rnh..rta Wllk..
<br />hll"hand and wife (h.reln "Monlllor") and
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<br />I='ivp Pninh: Rank r:"Anrf IcJAnnr NiAhra!Caka
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<br />(h.reln ..Mon.....~'),
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<br />Morl&JIor IIlnd.bted to Morlp&ee In th. princlpel aum of$ Inn nnn nn ,.vld.nced by Mort&elor'. note
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<br />deled Nov..mher 3D 1'll1B (b.reln "Note") provldlol for poym.nla of principllland Inte....t, with th. b.....ce of th.
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<br />Indebtedn...,lhot lOOII.r pllId, due and payabl. on "'"m'ry'o I oRo
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<br />To """l'Ith. payment of the Note. with InleJ'llt as provided thel'lin, the payment of ell oth.rsums, with In\erest,
<br />IIInnced by Morqqee to Protect th. securlty of this Mortgage. and the perfonoance of the covelWlla and agreements of
<br />the Mortcqor cootalned herein. Mortpgor does hereby monpge and convey to Mortpgee the foUowlnl described
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<br />property located in Hall County, N.bruka:
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<br />Lot Seven (7), in Block Three (3), in the Replat of Riverside Acres, an Addition
<br />to the City of Grand Island, Hall County, Nebraska.
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<br />Together witb all buDdinp, lmprovemenb, fixture&, atreeUi, alleys, PIHIiJeWIYS, euem~tI, rigbu, privi1@geB and
<br />appurtenances located thereon or In anywise pertaining thereto, and the renlli. Issues and proDta,rel[.m1ollJl and remalnd.n
<br />thereof; includlol, but notllmlted to, hllUnl and cooIInl eqmpm.nt and oucb peIIiOnaI property that I. .ttech.d to the
<br />Improvemeots 10 as to consUtute a fixture; ell of which, Indudinl replacements ODd addiUons thereto. Is h.reby declared
<br />to be a part of the real estate secured by th. lien of this Mortgage and all of th. forelolol belnlreferred to herein as the
<br />"Property".
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<br />Mortpgor furth.r conv.nants and lIII'Ies, with MortPI", as follows:
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<br />1. PaymenL To pay the Indebtedness and the interest thereon as provided In this Mortgage and the Note.
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<br />2. TlUe. Mortpgor Is the owner of the Property. h.. the ri&bt and aothority to mortgage th. Property, and
<br />wmaots that the neo c:I1!ated bereby is a fint and prior nen on the Property, .xcept .. may otherwise be set forth h.reln.
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<br />o 'Th. Property Is subject to a Mortgage wherein
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<br />Is lbe Morlp&ee. recorded at Book _, PIge_ of th. Mortgage &corda of
<br />N._b. whieb Mortpge Is all.n prior to th. nen ....ted b.reby_
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<br />County,
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<br />o Other prior liens or encumbrances:
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<br />3. Tan, -..lL To pay when due all taxes..specla1 _.nls and all other charles apInst the Property
<br />and. lIpOIIwDUen demand by Mortppe. to add to th. paymenla required UDd.r th. Note II!ClIIed bereby, oueb amount as
<br />may be Il1fik:Ient to enabI. the MOItpfe. to pay oueb taxes. ........nls or oth.r charles as they become due.
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<br />4. 'Iidaraoce. To keep the Improv.menlli now or bereafter located on the real estate described b.reln Insured
<br />apIDat damat&e by lite-and IUd. other bu.llds _ Mortgqee may require, In amouola ODd with companies acceptabl.to th.
<br />1IoJI&qee, md with loa paYll~ to the Mo~ In cae of 1011 UDder ouch policies th. Mortgqee is wthorized to
<br />Idjust, col1ect and compromise. In ill cllsc2tlon. all claims thereuoder atllli sole option, luthorlzed to .Ither apply the
<br />JIIIIOeeds to the restonllon of the Property or upon lbe Indebtedness .....red h.reby, but paymenla h.reuod.r shall con-
<br />tIDue. UDtIIthelUJlll oeeiued b.eJIby '!Ie ~ In fulL . .' - - .
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<br />5. OEocnnr For,... atId._..NotwllhslandiIllODythinICODtalnediD,~';l~a4 hereoCto th.
<br />....!Dry. Morlp&orshaii" pay, tOlIIe' Mortppe ~ the time of payilll the monthly iDIta1Imenla of pri.;"fpat ODd Inlen!lit.
<br />OIIe-twe1fth of the yealty lueS; ~Ia, hu.Ud tDauraoce premlums. lDd pouod renla (If :any}wbIdi may attain a
<br />priority Oftllhls ~ all _.IeBSCioahly~~ from time to time by the Mortppe. 'Th. amounts 10 paid shall be
<br />beId by the Monpaev wlthoullnb!nstODdlP)llled to th. paym.nt of the Items In respect to which lucb amounts w.re
<br />depositec1. 'The IUDII paid to Mortpcee bereunder ore pledpd _ addlUonal _ty for th. Indebtedness secured by this
<br />_ _ lIorlpfe.1IorIpaor sbaII pay to Mortpcee the omQUOt of any defici.ncy between the actual lues, ........eots, insurance
<br />, .~ and polIlld !lll1a ODd the deposila bereunder within 1D days after d.mand Is made upon Mortealor requestlnl
<br />~ therilot
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<br />'." ...._....V.. To JlIVIIIIIlIY repair. restore or rebulld ODY bulldlnpor Improv.m.nls now or
<br />bnuflloi- au the l'roperiy; to bop the l'roperiy Ia IoDd condltiOll and repair, without _III. and ere.. from mocbanlc'. or
<br />_ _ DOt apresdf subordinated to the lien _f; nol to mab, sutt.r or permit any nuisance to exist, nor to dimln-
<br />lib or \mpCr the YBlu. of the Property by my act or omIuIon to act; and to comply with all requlrem.nis of law with
<br />~ 10 th. Property.
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