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<br />�} REAI ES7ATE MORTGAOE Foar� ��� zoe (aev. z-7e) ' '
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<br />�. unca�ipri113� t976 , i,,
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<br /> F� Wilbur L, Spieha�and Carol'J.' Spiel�s� hueband and wife - f `, ' ' ,4Va
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<br />� � Mortgago�s,�� �'� �`� x�,����
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<br />� ` ot Ha11 counc Nebraaka {' � r r ti ,7{�
<br />� , ; : Y. ; Sn con�ideration ot , � , ��h�
<br /> Q 6 y lted in the nota hereinnfter doscrlbed,racefpL ot which Ss acY,nowledgod, hereDy � �, � ��Fi �+�„s
<br /> the adVenca ot tne principal num rec
<br /> 1' mort u a and convn to � !� � �F��� ,s�;��
<br />(�� TNE F�EDERAL LAND BbNK'�OF OMAHA;����a Gorporatlon, ���� �� � ( ��' ty ����
<br />� of Omaha;;Douglas County;,Nebraska, whose addressc j-. `{ +ik�#;
<br /> I �� �� � � �
<br />�s ie Ferm Credlt Bullding, Omaha,`.Nebraska,:68100� �': � i ,��
<br /> Q�1 . �., �. . .. �' � . .� . . . � . . C'�� MI L
<br />�� � HOrtgagee (suOJect to ol]., gao, and.mineral rlglits ownad by yartlo5 other;6U+u�Mortgagors; eXlsting'easementa ot, }� � ` 'y` "���;
<br />�
<br /> ' recard; raservatlons in United Stutes and Stntepntente;and the rights oi the public in all.hlghways),the tollowing- €;: ' ;, � ' v�
<br />� doscrlbed renl eaEate 1n �A11 ' CauntY� NehraBka ; � r,' � ' ' � ; °����
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<br />�^, �� � � � SEC.� TWP.; A0. � I{-� , t �`i` ��p�t.
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<br />�� N'�NE34 - - - - � - - - - - - - - -- - - - - - - - - - - - 25 12N 11 W 6th P.M. � � 5' � }� r'�lt�l�
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<br />� ,, contalnTng 8� ncres, more or les�, COPether with all of the right,.LiLle„�intl]nterest �s �; '' �a
<br /> 4 (now ownedorherea[ter ar,yulred)btthe MorCgap,nrs ln said property, 1ncludinP,all bulldings,lmprovements;flxtures; ;� �� � z,�r�, 2�' '
<br />� or nppurtenanceS',Lhoreon'pr hereafter placed thereon; all watec;'lrriqatlon, and'dralnage rights; the tenements, p�, , {�, �, '
<br /> ` heredlt�ents, and nppurtenancPs.�theret,o tinU�Cl�e reqts;�.lss�es,.cr��See�Sorpsecurl�arlsSng from�:spld:l¢n.As; r��d (St, �� -r! �'�'� � f�,�
<br /> a i the Nort a6ors rlght:s-Sn the ublir, domxin are re uired.b Morc y purposes) nll leases, permlt�; fj •. {z � f
<br />�,Y,� lice.aes,orprlvlllges. appurtenanC ot`lionuppurtenant to sald mortgaged premises,now or hereafter issued; extended;' i� ti.', r, � �� i
<br /> f� ' or:enewed�to�the�Y,ortRaBore-by.the��lntteci��tates or'the �tzte�Sn��whir,h�Y.he�above-4escrlbetl-property'15 locateti�"ur � � �� i
<br /> K :�� aRY depnrtment;�hure�iu;.�nr nv,enr,y�Uier�u' . . . . . � . . � �� �i, z<z y�'�'.
<br /> r , �� � TTils rtiortv,ePe 1s��vSven�to aecure.a�proniissory�note of even dute hei•ewlth; ezecuted by�Mortgapors� to"hort�gee, irt j �� ` ��,`�k,u��{ ..
<br /> . '_ . �� �{ � f' k`rt 1 :
<br />{� r the prlticlpal siim ot F.T(,'pTY-F.IQAT THA(iSANTI FOiTR ARt71)RF.f] ANI� NO/100 - - - - - - - -
<br /> -��OLLAHS;� I i; r: a�
<br />���' : p+�y¢61e��w1Lh Suterest. nr.cordlnR. to�the tern�s�nf sald note, the.flnal p�yment.Ueing tlue anA paynble on��the�fltst tlay�. ;� �� t � �
<br /> . . .. �� � : . �.. . �.'� .. .. . �� 2 -
<br /> 5�� . �f ��,�ApY�l�-200$ � , .�ittis r.onveyance shnll�be vald upon tBe�p[�ym�nC of�snid promissorY note�. �� i� �; � 3�..
<br /> � This mortgage Ss�:sub,tect:io�the provi�lons of THE fARM CRF.OIT ACT���¢nd a11 acts amendatory.thereol.or-supplemontal i� �.,
<br /> f,, thereta. THe proceeds of Che loan aeoured here6y w111 be used Sor the purposes ;peclfled in the Mortg¢gors� npplL- i �
<br />`t� cntion tor said,loan and authar]zea by said Act. �1 � �
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<br />` ��� Th? Mortgagors,�and each�ot Chem, here6,y.warrazit that they are fee owners�oP She mortgaged real�property;� that they. r6 �
<br />{� ` wi21 defend the tltle ngainst all claimnnts whomsoever, and thnt sald propertp ls free from s11 encumbrances; Lhat �f �
<br /> . they will keep all the lmprovements,.fixturos, an1 appurtenances.occupied and in good repalr and petKnit��no acts oL
<br /> 4 -� waste;-�.and they r:!11 relinqulcti all'rlghts oS homestead.ln saitl premiaes,�nndcovenant�and-agree wilh tha�Mortgagee, �� �
<br />� ¢s follows: �j t; r
<br />��' � � �. (Sj.�That they wY11 pay when due�alT�taxes, llens, �udrments, or�ussessments.whlch may be lawfully assessed�against X� �` ��:r
<br /> � the Property Ycereln mortgaged. 1' � ? -
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<br />�� � (2) Tliat Chey w11�1 ln�ur@.and keep.Snsured�.bulldings or��othar Smprovements now on�or whlch may��here¢Iter be placetl �
<br />� on saltl premises to the satlsfnctlon of Lhe Mortgagee,such insurance pollcy shall be endorsetl.with a mortgnge cluuse !:
<br />�` � with Lhz los� Lhereunder to��De ➢aynDle to the�Mortgagee: Any sums received mny De used to pay for recgnstructiqn jy
<br /> r� . of tho destroyed improvements; or, SL not so npplietl, may, aG the�option'of�the Mortgagee, be�applled in�paymenG oS i
<br /> h '. aqy irdebtedness, matured-or unmatured,'securnd by thls�.nortgage,��. . - � � � . ��
<br /> yr .. : . .. ..., . � . � �. . . �
<br />� �� (3) Ta:�pay all rents, fees; or charges now diie ar�ta�become.due under the��te:na of each lease,:permit-.�1lcense,�or. � `•
<br /> rt�". pcivilege.on the;publia domaln which !s aPPurtenant or nonappurtenant to the mortgaged premises, which has been- j� '
<br />� . . lssued,�sxtended,ar reneneA��by Chei�llniCed.6tates or the���st4te�ln whSch�the�above-descrlbed�propecty 1s�locat�ed:��nnd. � -��� ' r'
<br /> i` ' to perSorm nnd obsarve every acty covenant,.condStlon, nnd stlpulation necessazy to keep eacfi of Wie seme in 600d
<br />`� �� standing; and to:�ta4:e every,necescaty:atep Co���secure the��relssue;�renewaL;�or exten�lbn of�each-ot ttie�.same; and�.ta. �I ." S
<br />" assign,.wn]ve,-pledge, or endarse ta che HortgaPee each lease, permlt, license;or privilege 1t Mortgsgors� rights ��
<br />�� in public domaln nre requlred by tlortgagee tor security.purposes, : f� �' s �.x },�'
<br /> ' �
<br />,� � (4) That'ln the event the.Mortgaqee ls a pnrty to uny l!tlgatlom atfecting the securlty nr the lien ot]ts mort- 7 � ��� �+��
<br />�„� gage, includSng'any svit by.the Mortgagee tofn.-±c��se tfiis mortgage or any ault ltl which the Mortgavee mqy be nemed �' a�+�-, "
<br />�� '- n party'defondantr!n vihich•it is obllgated to;protect Sts rights or lien,`incluning conde�atlon ano 6ankruptcv f� ' � {x,
<br /> N� � nroceedings, bhe ttortgagee�mgY Sncur;expenses and advance p�{ymenb�Sor abstrnct fees,,-attorney:?ees (except to the� IJ .I v �� t i`
<br /> p - eXtent prohibited��by lawj, cosCs, oxpenses, antl other charges. � . ' .- �. 'i � ,$
<br />�
<br /> i�,� � ! : �5) .That Sn the��event the�-Mortgagors'�fall t6 pay vihen due any�taxos, Llens�, �udgment�, or assessments;�,or tail to. js '�� �,�
<br />� S mRintalq insurnnce as hereinbefore provlded, or fn31 to pay renta, tees, or chorges under the terns ot nny lease; � x.' � Frf i;
<br /> , � permlt;'license,�or privilege; or Hortgagee is repulred Uo fncur espen�es for abatr¢et Sees, attorney fees, costs, �5�,�> :
<br /> .� :. expenses,antl other charges.�in connection nith�-ll�igation; Mortgagee may aake such�payment or provSde�such.lnsurnnce, . �� . ,,. ;� i,.:,�
<br /> �- or inour such obllgutlon, and the [uoounts pnld'tharefor�,shall become a pnrt of the�indebtedness�securetl�hereby due
<br /> 1 t and peyab?e im�ediately, and shall bear tnterest from the d3te oP payment at the rate of ten percent per annun. ��
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