|
�»x„. `2�a
<br />� � 'a+ �"
<br /> w.. . . -- �:�F�'�
<br /> � �
<br /> :� � :_�::..:oc�.�-�r.r_—.-�
<br /> �...:,-v:::............ .._.. . r-`...;.,...., .„.�.�_�:o-.a.:�.,.r..d_: �,,...._.:,. . ,
<br /> Fr.m,n•t� REAI ESTATE 14�IORTGAGE _
<br /> t��aat NEBRASKA
<br /> �� (,��M��' (Open-End:To Sacure Present and Fu�ure Obtigations and Ad�rancus�
<br /> tJ (
<br /> ' �ace �Ay 19, 1977
<br /> Darold �. Ru�e & Sandra L. Runge. Husband. & Wifa
<br /> �
<br /> , . Murtgagor(sl. ;
<br /> � c,t. � �� �A 1' _.Cour€xy. _ � Nel,�raska.- .in
<br /> considecativn o€the�dvanca of:ihe pcia�cipai sum recitiad in the-notefiereinpfter describcd and in consideretio�ot fucure
<br /> � �d aisces made b m �t n ee to o ga or� v ny of 2hs at he,�rei'�naf,_ter,provided.fiereby mortgages arrd convays So:
<br /> whosa principa! oftice is at ' ES CC�Ad' 1SY3t1�___ ,Nebraska.Mortgagoe,
<br /> iha fai�owi�g dsscribed real property in _. County, Nabraska,
<br /> subjact to oil, gas:and mir.aral rigltas owned by partias ocherihan M�rtgagor(s); .existing casemants ot record;
<br /> resetvatio�s in t3nitad States and Sta'[epatentsG and Yhe'rights of the public in aIl higivways:
<br /> The North One Half '{N'�} of the Northeast One Fourth (NE�) of Sectian
<br /> s Thirty Two (32) Township Eleven (11) 3Vorth, Range Tcaelve (12) West of
<br /> -the 6th P.M.:, Ha1Z County, Nehraska
<br /> 3. ; .. .. . ' . � . � . . � � � � . � � � � .
<br /> containing �� acres,more or loss,eccording to Gov.ernment survey:,togotherwith all ot the right,title_and:
<br /> � �i�nraresl�.ot�the��:Mortgegor(aj�:in�said property �ow-:�owned,;.o.r:hereaiteracquired,�ar+d inciuding.all buildings-and-.�.
<br /> � ....� irsiprovements norw�on. or hereafter placed.upon.�said real pra-perry;:nclu�'inc,�also�all water,ir�igation,.and.drairiago��. .. � .
<br /> . . . rpghts.:,. . .. � . . . . � . � . . � � . . .
<br /> ' Tbia mortgagais given to secure:
<br /> E, _L-
<br /> (e)A promissorv not6d 3 29/76: 12 '14 76,�,_�` 19/77` �ve b ar(s)to Mortgagee.
<br /> in ihe princifaal surr6of'��0, 3Z5�� �_ `6?5'�e§�p�c���� Do�:�Rs.
<br /> peyable wiih interest according to the terms of said nota aaid any instrumenta take+n in�efinancing,extending,or
<br /> ranawing said indebtedness or any pan thereof:
<br /> � . ���: (bj Any��.tuture�.advance(s�, with��iniereai,�.,which,may be�m.ade.from time3o time by Mortgagea,��at.itsropt;uoci,fo� . �
<br /> �'Mortgagor(sj.,oYany of them or their successora in litle. 'for any purpose irt any a:mouni oeamounis;�proviaded..� �
<br /> hawever.thaX such future and additional adve�qr�e�s�j at�U1,h10��p�ig�������to���c��8��y��00LLt1RS.
<br /> ��aCany ona-tirne'shall not�exceed the�:sum of . ..
<br /> � �:�and provided turtfier the��tuture�.advanca(s)so made shall.be�payabie in accardance with tha.terms of a promissory:. :� �
<br /> .. �note�ar notas'which maybe�.takan.to..evi6ence suchadvaneu�s)or any part�thereof.(The optional.advaoce(sl.hcroin � . � � �
<br /> autho-fized shalt be considered edditional to the advance(s)E-�are�nafter authorized to.�e madeby the Mortgege�tor
<br /> � ��.the��protactio.n ot.the�securiiy or�1lortgagee's intormsi ther�in.� � � . � � . � � � . . � .� �
<br /> r i �� � This.mortgaga to be void upop the payrnent i�full wiih interest ofi�any obligarions.praser�t.or futuca,�secured.ortvbu� ..
<br /> sscured here6y..
<br /> The Mortgagor(s►:and each of them,bereby warran[(s)ti�at thay a�e fee ownero of Yhe+n�ortgaged rea�propertY:=hat
<br /> they.wii!d-efend..ttae�dtle�againat aU.claimants whomspever,and ahey retinquiah a0.ri;�hts o�f homeatead.in said pramisos. � � � � '
<br /> and covenaotiand agree with the Mortgagee as(ollows:
<br /> ' (T�To'pay w�e�due al1 iaxea:iiena,judgments or assessmants which msy be lawtully assossed against the prop�rty
<br /> harmirS maatgsges=,snd 2ha renxet charges upon any ieases assi�«gn�d as additional securdty(ar ihis mortgage.
<br /> {2J To;:inbure p�d keep insured buildings and other improvemerts now on or which ma�y hereafter be placed on aaid
<br /> prsminea tcw.thesaiisfaction of the Mortgagee.Any palicy eviderscing such insurance shai3 be endorsad with a mortgage
<br /> ctausa;approvad by and i�favor oi Moctgagee,and dapositud with,Voss thereunder to t�payahle to.Morlgagee a3 its
<br /> `'" � ��� �inaereat rrsa "a p� � � g j�� yenara!.teyc.:latioris of the�Farm�Cesdit � � � � �
<br /> �r- ppeBr. 21t the o tion of Mc>rt a s�(s), and suh'ccx su
<br /> � �� ..�A�miniatrstion,�stams so recaived by Mostgagee may be used to{x�.ay for reconstruction of ehe destroyed improvom¢��[�s}:� � � .
<br /> �or,�if n�!so applied;�may,at the opYion of'�Mortgagee,�be applied ira paym�nt of any indebtedness,matured or unmatured. � � .
<br /> sgcurad by.this m�orYgage.
<br /> �
<br /> . . . � ;3'�To�kea-p all.buE+ildings occupied and �in good repair, and�to =efrain trom the commisaion of any acts of removal. � ��
<br /> � � � rlam�olition�or impairment tfiereot;not to cut Qr remove,or permit to be cut of removed;:any wood or timber from said � ��
<br /> . �re�el proy�erty,�end-�to�tammit or.jaermit no wasia or impairmen�ot tbe value of this secr�rity;io cantieauousiy prec-tice � . � �
<br /> � -� �.a�groved rneth�ods Of taiming on said lands,to praveni etofion a�id.tha s��ead.a�f nuxioua nnd dan�aging weecis,en�r:to �
<br /> prasarve tha fertilify o}tfie soit.
<br /> � (4)-Thei in�the���e�ent�Mortgagor�s)tait;s� to pay when due arsy Laxes,�rental.charges .aipon any leases�assigned as . �� ���
<br /> additiorul sacurity fonthis mor2gage.li�ns,judgmnnis,or essessrnams lawfuli�y rssess�against the properey hesein
<br /> �� �mottgaged�,��ort�iE(s)to�:maintein ansurance as fieseinhsfnre prpwidiad.Mo+tgagce may m�ake 6uch payment or pro�s�da � �� � �
<br /> susch:insNrance.and the emourat{s)p�id-there#or shatl t�coma a part ot the ir�debteda�.ess secured hereby.due and ro �
<br /> gayn4�e immediataly.,and.�shal!be8f inxesest at the current rate o�ihe Mortgagee at the airsae the Mortgage+e makes saJch " �;
<br /> Pa'Yanan�. � .. .,
<br /> (8'!Tt+ac in 1ha eve�t:Mortgagor{sF dafaulrts)in tfie pay+rsent af sarid Arincipal wm,or in the repayment of any additiuuiel '� '-� ,
<br /> ; � � adsvl�nCw�i}made i�s herein provided,or p�1 any+nZerest thereon,at�lhe time wher��t�e same�s�atl be dus,or wrt�M re:pec3 to �
<br /> wrt�y�ov�enamt o►condition herso},the�.at ths opt'rcen ot Martysgea. the entire indGb�dness secured hereby�e11
<br /> tarlhwith bscortae.due and payahla,ahatt haariraterest ex the rurrmnt rete cat the lNortgageg�on the date ot the detault.and �'
<br /> � . � tiaaa{L6or7Egatgtee mey irnmsdtateiy�ioreciase xhis mortgage�K+r p�r�e.any�oihe�avsalrble Ie�oFremedM.in ihe avent of any � ; �� .
<br /> �� ac'tipn.by MortyEgGa So��taforce C�pllBCSiam of thr mDri�a,ge.dcD2._2bc�Mcrtgagns(sa ugreatsJ that itny axp.ense in.curra�to �, `" .
<br /> �rere+sre vr sacirr:�i sin bbstaaex of titie si�afi,wbea�r paio oy Wiarigagwee.oacome v�purg m�l'ne esebt sacureo i+ereeby.antl ssaali �
<br /> � be paid�y 11Aortgmgmr{a}.togeihnr�with�atl ot ti+e tazahle�cocts nri such action. �. .
<br />... rt _,,.,._. __ ..__ _ __ .....,_.
<br /> � : �
<br />'+�-� - �
<br />
|