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<br /> USDA-EmHA
<br /> Foem FmFlA 427-1 NE
<br /> (Rev. 8.20-75) EtEAL ESTATE MORTGAGE FOR NEBRASKA
<br /> THIS MURTGAGE ic rcude and enterod into by -••�•�-•-�-�-u� G• �Rr....._.__..
<br /> ._._,�snd..and rrife, e�ach in his and her own right ani as spouse of t2ye other,
<br /> _••_---_.__.._--_••-._�_.---••......................•••--••••--.....-----•--------•••----••----•••-••-------•---------••---•-•-•------•••_-_......
<br /> ���� M r...._._.___._.._.____.�.........................._..._ County, Nebraska, whose post oftice address is
<br /> Arti,1-a 'i' �C 123.._�.__....._ " "'"'_"'—GL'aTld I87.8nd 68801
<br /> •---___�__._.._..-----........-•--•---.__ . ..-••--•--__......-__--, IVebraska -------•---- .
<br /> lieain cafled "Bonower:' and:
<br /> WHEREAS Borrower is indobted to the United States of America,acting through the Farmers Home Administration,
<br /> United St�tes Deputment of Agriculture,herein called the "Government,"as evidrnced by one or more promiswry note(s)
<br /> or ueurr►ption �reement(s),}+erein called "note," which has been executed by Borrower, is payable to the order of the
<br /> Gowxnment, authoriaec �cakratioa of the entire indebtedness at the option uf the Government upon any default by
<br /> Borrower,usd 4 de�erlbed a� follows:
<br /> Annual Rate Due Aare of Fina!
<br /> l�ltts of lnsts�rnes�t Principa! AmoKnt of lnterert lnstaUment
<br /> Noaeldye+r 1, 1977. $31,600.00 88 Nov+enber 1, 2010.
<br /> A�d tlie sete evirs�ces •loan W Borrowec, aad the Government, at any time, may assi`n the note and insure the payment
<br /> Hr�bf�wesrNt W tYe Coawlidated Faem aad Rural Development Act,or T itle V ot the o!the Housing Act ot 1949;
<br /> AaJ it is t4 puepase aed iwteet � this iestrumen4 that, amoun�ot6er thinQs, at al!times whea the note is held by the
<br /> Geves�, ot i� t6e evast tYr Gove�es�ent sbould aasi`n thic instrwnent Without insurance ot the aote,this iastrument
<br /> sM11 pc�re payseat o!tYe note; but wMa� the note ia hdd by an inswed holder,thic instrument shrll oot secure paymeent
<br /> of t�e wMe or attacl�W tYe debt evidenced thereby, but ac to the note ond suc6 debt shall constitute an indemaity mortea�t
<br /> to s.crre tYe Gov�sa�eal a�ainst loss under its insurance contract by reason of any d�tauit by Borrorrer.
<br /> NOw, TMP.REh`ORE, in cunsidration ot tbe loan(s) and(a)at all times�vhen the aote is held by t6e Goveremeet,or in ehe
<br /> eveN t�e Govanw.wt ahouid assi�n tflis inctrumeat without insuraace o(t6e payment ot the note, to secure prompt payment
<br /> of the �ett�ed ry t�ne�vals and extencioes thereof and any aereementc coetained t6erein, includinQ any pnovisioa for the
<br /> p�yrea�t ol r i�wraece or othe�charse, (b)at oll times when the eote is 6eld by ao insured holder,to cecure performance ot
<br /> Bo+wiwr'• �eeme�t berde to iademeify aad save 6armless the Govemment a`ainst loss u�er its incuraace coatract by
<br /> e�oa d Ny Astarlt by Boreower, and (c) ia ,ey evrnt aed at all times to secure the prompt pnyment of atl advaaces aod
<br /> �q�r�it�aes a�de by the Governa�t, rvith iMerest, sc hereinatter describod, aod the pa[otmaace of every covenant and
<br /> a�eMt o(Borrowr co�toined hmeie or ia any supplamentary a`rttment, Borrower does 6ereby`rant, bar`ain, sell,convey
<br /> u1 aaap,witi pe�td wananty,unto the Govereneet the tollorvin'propetty situated ia the State ot Nebraska,Connty(ies)of
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<br /> Iat. Se�+e.+n (7) in Arc.p Thisd Sut�division. Hall Cauity, Nebraska.
<br /> in the Villaqe of Alda.
<br /> FmHA 427-f NE (Rev. 8-ZO•75)
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