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<br /> , 0044 .,•,_ REAS ESTATE MORTGAGE load iLe 200 (1-12)
<br /> e it :"7.-%.-.,77--.-7 _ :057;,,.
<br /> ;;{i. pd�JL, nate. January 27, 1476 !
<br /> $ t1 t is
<br /> r t{
<br /> Ie Daniel S: Wagoner an. ',.‘ • .4..0" ..,n as Marlenai oner). husbg114and
<br /> wife Mortgagors,-
<br /> c,. Hall Nbraska ef
<br /> Caur.ty, In consideration of I
<br /> iii 1 the advance of the principal tpt'eeeited in the nota hereinafter de0uribed,receiptof which Is acknowledged, hereby II
<br /> i
<br /> mortgage and convey to i{ yy
<br /> •, g f 1- :FEDERAL LAND BANK OF OMAHA; a Corporation,
<br /> ' ` {7 of Omaha, Douglas County, Nebraska, whose address
<br /> is Farm Credit Building, Omaha, Nebraska 68100, i'
<br /> $� llnrt!tagoe (suhiect to Oil', gas. and mineral'.right's owned by Partles Other than Mortgagors; existing easements of j
<br /> t S record;.reservations 1n United Stotea and Diete patents;and the rights of the public.in all highway:1),thefotlowing- ? -
<br /> a described real estate In BuffaloCounty, Nebraska
<br /> a r� SEC. 7WP. RG.
<br /> MICROFILMED V
<br /> E1/25W1/4; and W1/2 SES - - - - - - - - - - - - - - - - - - =427 11
<br /> , R fE1SE' and E1/2 W1SEs;
<br /> 29 li
<br /> All in - - - - - - - - - - - - - - - - - - - - - - - - -11N 13 Wof 6th P.M I.
<br /> ', and the following described real estate in Hall County, j;
<br /> - Nebraska: s{
<br /> if
<br /> i All in - - - - - - - - - - - - - - - -- - - - - _ - - - 11N 12 W of 6th P M. 11 .
<br /> •
<br /> # ; Together with all wells, pumps, motors, and equipment located
<br /> i 1 on aad:used to irri ate said , �1"�'��
<br /> { g premises, and:any. additions to ,. y ,I
<br /> 1;.( or replacements thereof, which.items are declared to be a part r, /,2?;,oJ', 4 memo
<br /> of themortgaged premises-and appurtenant to said real estate, q{
<br /> containing 600 acres. more or r..ess. together with all of the right, title, and interest it
<br /> (now owned or hereafter arqulred)df the. Y_rtr,,gors-in said property, including nil buildings and Improvements placed i'
<br /> 't thereon;;all water, irrigation-and drainage rights;the tenements, hereditaments, nd eppurtenenees thereto and the a•
<br /> ,rents, Soouei;,:crops,.cud,profits arising from said lands; and.(If the Mortgagors, nights In the public domain are ,(
<br /> required bit Mortgagee for security purposes) all leases, permits, licenses, or p.ivtlege0. appurtenant or nonappur-
<br /> f tenant to ald'mortgaged premises, now or hereafter Issued, extended, or renewed to the Mortgagor• by the United
<br /> 3 i States or the state in which the above-described property is located or any department, bureau, or agency thereof. )3
<br /> This mortgage Id given to secure a promissory note of even date herewith, executed by Mortgagors to Mortgagee, in )!. -
<br /> the principal sopa or ONE HUNDRED'SEVENTY SIX THOUSAND AND NO/100 - - - - DOLLARS, o
<br /> �, ' payable in.installments with Interest according to the toms.,of raid note, the last installment being due and pay- ii
<br /> V.
<br /> able on the. first day of January. 2005 This conveyance shall be void upon the payment of said
<br /> It , Promissory note.
<br /> r Thismortgage Is subject to the provisions of THE FARM CREDIT ACT and all acts amendatory thereof or.supplemental, •
<br /> tl thereto._ The proceeds of the loan secured herebywill be used for the purposes + In the Mortgagors, aeon- 1•
<br /> specified P PP. it
<br /> cation for said loan and authorized by said Act,.
<br /> x r The Mortgagors, andeachof them, hereby warrant that they are feecarters of ticmortgaged real property; that they.
<br /> will defend the title against all claimants whomsoever, and that said property is free from all encumbrances; that i
<br /> A they will keep all the Improvements, fixtures, and ?ppurtennn:es occupied and In reed repair and permit no acts of 3
<br /> be waste; andthey will relinquish all rights of homestead In said premises,and covenant and agree with the Mortgagee,
<br /> # ti as fella'✓,..: u
<br /> Y i
<br /> s ttt (i) That they will pay when due all taxes, liens, judgments, or assessments which may be lawfully assessed against Ir
<br /> Y Et the property herein mnrtganed.. (I .
<br /> + (2) That they will Insure and keep in.0 ed buildings or other improvement,now on or which may hereafter be placed ,'
<br /> i
<br /> no sail pemises-to the'satisfaction'of the Mortgagee,such tumul•o:n:e policy shill be endorsed with a mortgage clause ,!
<br /> x S with theloss thereunder to be payable to the mortgagee. Any sums received muy be used to pay for reconstruction
<br /> H of the.destroyed Improvements or, If not se applied, may, at the option of the mortgagee, be evened in
<br /> a ) 'illy indebtedness,.matured or unmatured, secured by this.mortgage.
<br /> PaJr.unt of
<br /> ji Id) Tn pay all rents, fees, orcharges now due.or to becomedue under. the terms of each lease, remit, license, or
<br /> +'d • privilege en the public.doain which ix appurtenant or m.nappurtenant to the-mortgaged premises, which has been :i
<br /> . Issued,-extended,hr mewed:by the United States or tie state in which the above-described property is located; nod.
<br /> ',to perform end observe every act, ovenart, condition, and stipulation necessary to keep each of the same in geed '
<br /> vl A standing; and to take every necessary step to secure the reissue, renewal, or extension of each of the same; and to ,1
<br /> N assign,
<br /> gn,.waive,:pledge,.or endorse to the Mortgagee each lease, permit, license, or•.prisllege if Mortgagors+.rights ,)
<br /> n In public domain'are required by Mortgagee for security purposes. -
<br /> (4) That in the event the Mortgagee 12.4 party to any litigation affecting the security or the lien of its mart-. e!
<br /> A• gage, lnoluding any suit by the mortgagee to forelore this mortgage or any suit in which the Mortgagee may he named. i;
<br /> a porty.'defendaht In Which 1t Is obligated to protect its ighte or lien, Including condemnation and bankruptcy
<br /> ?1) preceeding.,; the Mortgogee.ray incur expenses and advance payment for abstract fees. attorney fees (exceptto tile. `
<br /> { ...extent-:prohibit d by lu.), cents; expenses.,and other charges.
<br /> ,;1 (I) That in the event he:Mortgagors-fall topay when due any taxa Liens,'jud rent:, or aaaesaments, or fall to
<br /> S ', maintain Insurance ahereinbefore provided, or.fall to pay rents, ("ss, or eharges under the terms of any lease, ,:
<br /> •p permit, license, or privilege: or Mortgagee is required to incur expenses for b tract fees, attorney fees, costs, j
<br /> expenses, i d other charges in,oennection with litigation, Mortgagee may make such payment orprovide such iooarance, I'
<br /> r 1 • -or-incur such obligation, and the amounts paid therefor shall beeome u part or the indebtedness secured hereby due
<br /> 7 and payableimmediately, ml eilall bear Interestfrom the date of paymentat the rate of ten percent per nn0•tm, 7,
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