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<br />79-a u~)~30~
<br />MORTGAGE
<br />- ~ - TteisMottgageisenteredfntobetween DORIS J. METCALF, now known as DORIS J. DAMOUDE,
<br />and GEM1fE E. DAMOt1DE, Wife and Husband
<br />- (herein "Mortgagor") and
<br />THE Ot~ERLAND NATIONAL BANK OF GRAND ISLfiNO, Grand Island, Nebraska (here;n "Mortgagee").
<br />Mortgagor is indebted to Mortgagee in the principal sum of $ 40,000.00 ,evidenced by Mortgagor`s note
<br />,~~ June 27, 1979 (herein "Note") providing for payments of prncipal and interest, with the balance of the
<br />indebtedness, if not sooner paid, due and payable on- AU9U$t 26, 1979 .
<br />Toaecure the payment of We Note, with interest as provided thernin, the payment of all other sums, with interest,
<br />advanced by Mortgagee to protect the security of this Mortgage, and the performance of the covenants sari agreements of
<br />the Mortgagor contained herein, Mortgagor does hereby mortgage and convey to Mortgagee the following described
<br />,. ~operty located in Hall County, Nebraska:
<br />Lot Three (3) in "Sunset Second Subdivision", being a part of the North
<br />Half of the Northeast Quarter (NINE;) of Section Eleven (11} in Town-
<br />ship Eleven (11) North, Range Ten (10} West of the 6th P.M., Hall County,
<br />Nebraska
<br />Tr~ether with sU buildings, improvements. factures, streets, alleys, passageways, easements, rights, privileges and
<br />tosated thereon or in anywise pertaining thereto, and the rents. issues and profits, reversions and remainders
<br />thx[eof; indnding, bnt sot limited to, heating and coding equipment and such personal property that is attached to the
<br />imprme~nts so as to constitute a faturn; alt of which, including replacements sad additions thereto, is hereby declared
<br />fzr he a part r:f lire real estate secured by the Tien of this Mortgage sari all of the foregoing being referred to herein as tae
<br />"~rt9n.
<br />further mnreaaats sad agues, with Mort~e, as follows:
<br />1. Pryaent To pay the mdebtedraas sad the intcmt Wereoe as provided in this Mettle and the Note.
<br />~. Title- ~ is the oar of the Property, has the right and sutherity to mortgage the Property, sad
<br />arstareta that tlsr ilea aeatsd hereby is a fret and prior lien on the Property, except ffi may otherwise to set forth herein.
<br />t'7 The Property is subject to a Mortgage wherein
<br />~ i~x at l)oek , _P~e of the lrtort~oe l;ecerds of County,
<br />liie6asta, wiridr k>artgage is a )ten prior ko the lien created bereby-
<br />~ tither prior Bess m
<br />3. Taus, Aar To pay when due aCl taaes, special assessments and all other charges against the Property
<br />>~ writiea demand try , to add to the payments tegoired under the Tote secured hereby. such amount as
<br />rmty'he salt to malrte the ll6or`.-~~e to pay such taxes, ameatr or other charges as they became due_
<br />~. Teaszarze_ Ttf keep the lmpasrsearrnta saw of hereafter located on the real estate described herein insured
<br />agpfak dasta~e h9 fha a~ a~ ether hamrds 6 kQmtgsgee may require, ffi amounts and with compaa)es acceptnb)e to fbe
<br />aa~ wi`e ls~ ptpatle to the Martg~sgee- In case of ia~ under web pa1'tc3es the 1.9ortgagee is autb~ized to
<br />- adpW, exdieer. sad ao, is its disetetioa, all claims theseundei at its sde option, authorized to eittaer apply the
<br />pr<veeeds to tie testes of t>k Praperte ar sgrm t#e ladeMedness secarnd hereby, but payments hereunder steal! con-
<br />: t6rte aadg tfse ssrtdaacded hereby as paid'sa tssil.
<br />S. >; ~raar l?ae'fasas and Ntl#witbstanding anything oontaimd in paragraphs 3 and 4 hereof to the
<br />mar a~ pay th t1~ at tht time of paying the monthly iast~tments of priacipat and interest,
<br />emrrt71alf3gi of tits yeaiT taxes. basard mzuranee premiums, and grotmd rents (if any) which may attain a
<br />plfed£y eser his 3~os-c, ~ as ie~aeaal~p wed from time to thoe by t~ Slort;agee. 't'he amoitsis so paid shat) be
<br />hsr~ lrs9 ~ lifset;arae t~Aea# i sad app8ed to the payment of the items in reaped to which Bach amounts were
<br />lAle ~ pid to lise~ee are pledged as additlarrrit security for the indebtedness secured by this
<br />itf~ say to the amt ~ hny deHdeney between the actual toes, assessmentr, isrsutarece
<br />aed amf fax deer xilfrin iQ daps afpra demand re made upon Mortgagor requesting
<br />;.
<br />i, R#pdk nee ~tfae To promptly repfdr, reatote or rebuNd any 6uildings or improvements now or
<br />am !be lropats; fa;. tix Ytopetty bt a_mort ewtdition aid repair, without waste, and free from mechanic's or
<br />3~ai arit~etslp to lire flan lint; not to make, suffer or permit any nuisance to exist. nor to dimin-
<br />iafr iw it~r saiue srf tare ~ by spy set o~ non to act: sad to comply with all requirements of law with
<br />to the Properly. -- - - - -
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