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<br /> ++ REAL ESTATE MORTGAGE fieM FIB los (d-72) 1,
<br /> (+, 7+� UOD98.1
<br /> pate February 20, 1976
<br /> 1
<br /> '2,''1'4,-'3 'r Dean„Hinkson.and,:Flcrenee,;L..1iinkson,;husband.and.'wife
<br /> tbrtgagors
<br /> of Cochise4 Arizona .
<br /> L'ounLy.,' .
<br /> ”w � � In canside consideration of •
<br /> < the advance of the principal sum recited in the note hereinafter eescribed,receipt of which Is acknowledged„hereby
<br /> s: mortgage and coavey'to
<br /> ata
<br /> ofTH ahaDouglas Cobnt- whose
<br /> ,EOF.OMAHA a' Corporation
<br /> r
<br /> ; Nebraska, whose address I
<br /> is Farm Credit Building Omaha,-
<br /> 9<' < Nebraska-�68100,0
<br /> ! .
<br /> r� Mortgagee (subject.to oil, gas.,end mineral rights-owned by parties other than•Mortgagors; existing easements•of
<br /> crecord; reservations in United States and State patents;and therightsof the public in all,highways),the following -
<br /> 's' Cescribed real,estate in Hall county,` Nebraska,
<br /> R:.1:x
<br /> SEC: TMP: -'RO.,. 1
<br /> ii:1': , ' ' -hs' it (except 4:24 acres,.more.or less, conveyed to
<br /> The State of Nebraska by deed recorded in Book 118 „,- '
<br /> of Deeds 'Page 599)>— — --- — — — — _ _ — _ _ _ — 25 12N 12 W-6th P.H..:
<br /> containing 155.76
<br /> owned or acre mor o- less ogether with all of the right,,title, moots terest. g
<br /> thereon; all,wa erftthe
<br /> drainage Mortgagors
<br /> In said property, including all buildings and:improvements.placed:r ?'
<br />' a rents,:issues; ter, irrigation,t and profits arising Rvm said dss;the ene tenements, hereditaments, end appurtenances ublic eto and.the: .p.
<br /> requlreaby Yortgegee for secur±t (lf tee es, o gcrsv rights in the sant- ` romp'are; &
<br /> r tenant to said mortgageds porsj reaftersis, ed, extended,
<br /> r ren pe the, rtor e-Uni ed-
<br /> ,q � prenlses, now or hereafter issued, ertenffed,�orrenewed to the mortgagors by'the•Onited.;:
<br />+ :States or the state in Mitch the above-described property is located or any department, bureau, or agency-:thereat,_.'
<br /> i
<br /> This mortgage Is given to secure a promissory note of even date herewith, executed by eortgagors to Mortgagee, In
<br /> a ' the principal.gnu of FORTY TFiniisatio AND NO1100 - _ _ _
<br /> a
<br /> payable In installments.withinterest according to the terms of said note, the lest Installment being due and pay- f,
<br /> a
<br /> ` able on the first day of Marrh- 9005
<br /> 1 promissory note. This conveyance stall be void upon the payment of Bald .
<br /> This mortgage Is subject to the provisions.of 'IRE FARM CREDIT ACT and all acts amendatory thereof or.supplemental
<br /> thereto. The proceeds of the loan securd hereby will be used for the purposes specified in the-Mortgagors+ app!!-
<br />+ cation for said loan end authorized by said Act.
<br /> 1 7Y:e Mortgagors and.each of then hereby warrant-.that they are fee cn::ers rf t*.e rnrL
<br /> • r+ili•defend the title against all c� icancs whoasoever, and that said pro gated real property;.that they
<br />'f!,'” they will keep all the Lny+cvement<• fixtures, and a pe tY is free repair
<br /> all epermitances: that
<br /> wsae; end.they will relln,llsh all r+ c pP+n•tenances emise ed an is gond repair end permlt.no acts of.: t,
<br /> a as follows: ghts a- homestead !n said preaises,endccrenant and agree with the tfortgagee,
<br />° (1) That they will pay when due all taxes, liens, u
<br /> the judgments, or.esssssments which:say be lawfully assessed against.•: {
<br /> property hereln.arortgaged.
<br /> (2) That they will insure end keep insured buildings or other Improvements now on or which may hereafter be placed
<br /> on said premises to the satisfaction of the Mortgagee,such insurance policy shall be endorsed with a mor
<br /> with the loss:thereunder to be payable:to the Mortgagee.'. Any s•,a's. eceied may be used to pay for reconnstruction t
<br /> . of the destroed 1
<br /> e maturedeors; or, If not so applied. may, at the option of the mortgagee, be applied in payment.at..
<br /> a�lndabtednss, matured or=matured, secured by this mortgage.
<br /> • +x).10;my if rent ror duo..underto terms. of each lease, permit, license,or g
<br /> privilege"on tileopublis domain whicrtirh is appu.teig thoranonappurtenant to the mortgaged premises,.which has been r`+.'
<br /> . Issued,extended,or-renewed by theISnited Stales or the state in which the above-described property is located: and t
<br /> perform and
<br /> n Lo serve-eery at, covenant,condition, and•stipulation necessary to keep each of the same In good E
<br />` ,Sts! everynecessary step to secure the_reissue, renewal, or extension of each of.the same: and to
<br /> 3 gn,.waive, pledge, or endo. o,to the. lie twee each lease, permit,'license, or privilege:.if Mor rightsp
<br /> t1 In public domain are.required Mortgagee,forsecurity purposes. mortgagors/
<br /> :(a) rat In the-event the Mortgagee:is,a party to any litigation affecting the security or the lien of its mart-
<br /> Y �. including any'suit by the Mortgagee to foreclose this mort f
<br /> :a party defendanncin mu ds lt.is:obll ted to gage or ien, lclu which the Mation nd'b be named
<br /> j proceedings, the mortgageeBa :ndoadvaces Amens aora.bs., Sncludhorn y (except
<br /> top the
<br /> ), oats, expense expenses and advance for abstract fees, attorney nay fees (except to the.
<br /> extent prohibited by law), costs, expenses, and other charges.
<br /> ;'(5) That:in the event the mortgagors:fail to pay when due any taxes, liens, j❑
<br /> maintain Insurance`.as herelabefore-:provided, or.fall.to pay rents, fees, or charges under thefte assessments,
<br /> or failleto, s
<br /> permit, license, or prl liege; or Mortgagee is required to Inco expenses for abstract fees, attorney fees, costs,
<br /> - ;expenses;:andother charges In connection with litigation, Mortgagee may make such payment or provide such insurance,
<br /> or incur,such.obligatloa, and the amounts paid therefor shah become a part of the indebtedness secured hereby due
<br /> and payable Immediately; and shall bear interest from the date of payment at the rate of ten percent per annum.
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