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<br /> � REAL ESTATE MORTGAGE _._.____._..FoeM v�o zoo,(aev. z—�e) j
<br /> _� _�_____._._-------.�.___._._______. ..-------------------____..------- - �___.._...
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<br /> 76- t?(1�313 ii�te Auril 28, 1976 I
<br /> � l Petersen Parms, Inc., a Nebraeka corporation '
<br /> 1
<br /> . � Mortgzgors, � .. . . - .
<br /> ot �11 county. Nebraeka , in conslaeratlon ot
<br /> - the advence of the princlp�tl cum recltea Sn the nete liereinaft�r descrfUed,recelGtof wttich Ss rteknowledged, hereby � � �
<br /> mortgflge and comey ta � �
<br /> ` THE FEDERAL LAND BANR OF OtdAHA, a Corporation,
<br /> of Omaha, Douglas County, Nebraska, whose address � �
<br /> ; is Farm Credit Building, Omaha, Nebraska 6810G,
<br /> 3 �' � �-
<br /> Morcgagee (suL,lect to oll, gas^and mineral riglits o�vned by P�rc:es other thran Morcgagors; exlsting easement.^. of .
<br /> ��� record; reserva;.lons Sn Unitetl .,taces nnd Stute pntents;aind Ltie rights of CLe publlc in all hlghv+nys�,the fo11o�++3nR- ` �
<br /> i � Hall Nebraska , � '•
<br /> � , Cescribed re31 estute ln Cowity, '
<br /> a
<br /> � . � SEC. TWP. RG. � i
<br /> Lot 2 of Wilson�e Subdivieion of part of Section 3 (except
<br /> that tract conveyed to the Omnha and Republican Valley Rail-
<br /> ; road Company by deed recorded in Book H, Page 501; and except
<br /> the South 150 feeC of that purt situated in the SW� SFi4' ; and
<br /> ;� except that part conveyed to Donald Peteraen by warranty deed
<br /> � ; as recorded in Book 169, Page 636; and except that part con-
<br /> i veped to Hobert Petersen by warranty deed recorded in Book
<br /> 170, Page 83; and except that part conveyed to Robert
<br /> � Petersen and Maxine ?etersen, hueband and wif-e, as joint
<br /> tenants by wasranty deed as recorded in Book 174, Page 567
<br /> ' of the deed recorde of Ball County) - - - - - - - - - - - - - 3 11N 9 W 6th P.M.
<br /> {�� N'� SF}4; and SW� SF}L; and S�� SW'� (except that tract conveyed �,�
<br /> � `ti to the State of Nebraeka hy warranty deed as recorded in � •i
<br /> + � � ' Book 119, Page 357 in the deed records of said county) - - - 31 12N 11 W 6th P.M.
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<br /> contain i� � 407 S7 ,.c,t mnre or 1e.^,:, I.ar,er,her wlth all of Wie r1RJit, Utle, and lntere t � ; � �
<br /> � !new ov.�ed ortier�ftrr:ir.yt�ired)of the wnrt� e❑� Su :a!d propn��y, S�ir,�udlnc;nil bulldln{S,!mpcovement3,tlxture : � .
<br /> �� or 2ppurtenxnce., ,_i-...on or h?^eafter p:':^r� .Lcren.�; �all :�acer, irrlc;�6lon, and dra!naqe I'SPJICs: [he Censmenti � �.
<br /> � j 1�i:eait �c�C �, m�d arp�rtenances the er� r.�il tti^ :•enta, I�s��e^, r,t•ops, nn� p;ofits arSsin� trom sald 1aruLs; artd {If .
<br /> t!:n "�.C„a��Cc� r1P;�Ls In the P��tl i '�._i:in �c�e requ±re; t�y MtrL�*,s;oe fut' securlt, purposes) flll leases, permlts,
<br /> � � � llc r. i ai �S �'� apVur�[en�nt or nc�re;,r�r t i�uiL to � ld�orcriu,ed r�rentcPs,nnwa•tie[•eafter 7s�ucd, extended, �
<br /> '' � '?ct �. lt :h o 1:Fagors by '-he ihi.lPd .,�i.�s nr tnE :.��.te !n v+hir.h LGe abuve :Sescribcd Property 1; located or �. .
<br /> n'l d�p,T�Cr� .it,T,.�.eau, ur uc��r,cy ,t,er•�,n',
<br /> � ;h?c �,ort.qx�e'1s Rlven to ;ecui•2 � prord�sor; nate oT even dar,e hr,re�slLtt, er.ecuted Gy hte"C_7,agors Lo 11m•LP,;:F,ee. Sii � �.
<br /> ¢ . th�� princiPrl �u� ot��T�RFlI TH7R77-7'WO THOIISAND FOiTR A[TNfIRF.T1 ANTI NO/1(10 — — — —��1.LnH:,
<br /> ' � ,,r^G1e xlth intcress �r,purCln� �o !�u C-'m:s r,f :..;t ts,�i-, ..h�e ftual piynent ba?nt; due anrf payrible ou the t1r.^,t Wy .
<br /> '� I ��: Marrh� 1(lOS . :7,!a c��iv-�nn^e :;h•itt he enld::;.on thr p�:}�..�t of �s1A �>rcmissu;� note. I .. .
<br /> j � i ?hlr. mortpage Ss �ub�ect cc Lh^ ,ro�ri cieas o1 ;H% F'AF:1 C1?ECI'" ACT and �:1: :iccs a^�erAitary the:eo! or suppienentil I
<br /> . i �.'__C . y v:;,CC� :: L' ` no � � _�r__ u� �ir,rnnv y:l�l pt� •I�FA fr.� th� niirr�nSa•; ;not!f,r+ In �.hn Mn:r�-� „ -.P�f
<br /> cs;l�n for����id 1a�.�yznd th�rize by s¢Sd Act.�
<br /> � � ",P Hort,e,z3ors, sd en.ch o! Lhem, h�reby +�ar:�it rtxit Che•; c:re Cee cv,ners of tlte mortgnged real property; L2t2[ they
<br /> , ` ,�:1: ^^fend tt:� !Stl� eF,ainct ��11 c1�:l;r�sr,t.� sho^��or•:er, a��.i Chet sald •ropertv ±� :ree from all encu:rbr¢nces; Lhat �
<br /> � ,� � Chey +�ll1 keep n11 �t�e Sm. o�e:^nt� ixb,:rc n� �;,puru•nunces e^.cupleC and in good t�pRtr• ar�tl pm•mSt no acts ot �
<br /> •,�!st^; :nC ctey v,lll rellnv�l�1 �rt�t: o� h c ce�eG +n ��Ici prer,ises,indeoven�nt �nd n„ree r'1Ch the Mortg-6ee,
<br /> -^ fr,11o�'+a: ( .'.
<br /> ,, i (i) That G.e��+:11 pay � en ^� ':.1 cixe:, 11�.�.-. ,:ict�,��ents, nr �^�eee�ivents ++1:1r,h nay be 1-.�;ful?y +�ssec.^,ed ngainst
<br /> rre ;ropercy hereln morc.^;i.^.ed.
<br /> ` � I !21 ?h�i: they w111 1t�sure ^_r.d Y,enp !r,s�.ir^:1 bu11,:11t;gs nr• ot.h.^.r lmproveme!�L� nr;�,ti•ari or r+hic!� rsy hc�realter be Placed I
<br /> c,' � ou sattl pre^�ises to[he �nLlsfec5!en of eh�� Y c � c. .�.h c � ��nce pr>11cy sliill b�' e�dor^ed slth a mo^tgage rlfluse
<br /> � � v:Ith Lhe 1os� tt;ereundsr Co be peyiblc te tic o t. 1� �u^s re�eiv . m1y br u ed C� pay for rer,onsLrcctSnp
<br /> ' tI�^ destroyeC S�prove-ent,; or, if r.er, ;o �.�1 d � �y h^ cp�!c:, uf tt,_ t1o.^tc2 ee, b� applled in pay^ent of
<br /> . � Vri, lndebtedness, niternd or um�U�red. �ecu.i�i b} .� ��-rc:c'+�:�..
<br /> . - � (3; P� Dav a!1 rent.^>. fePs, or charPec novr ut cr !a � e.o� ��ue under the terns cf c,vrh lease, ���erm7t, llcense, o: j �
<br /> . � {;rl•✓i?ege un ti!e p'Ibltc dor;^_Sn ++hlcli 1s �rlu,tem.nt rr ,.,. P'>urtenane !:, che mortv_ged prenlses, v;hlch hss been �
<br /> '. .. J csued,er.tend?C,ar re,ev+rd by !he United „ts��es or the stste Sr a^i!ch th^ 3Dove-de�crlb�d prepePty ls loc�ted; and
<br /> 1 !o perform artl o�serve every act, cover.anc, com:itlo;:, _r.d ct!P�����'_on n��ces;er; to�eep each of [hr ca^�e in Rood
<br /> . '. i �r��ni.,o• rmd tn teke everp ❑ece�sar, ^tep co ::r:cure th^ re!s^c� rc.,ie+all. cr extension of ecch of th^ sa�e; and co
<br /> � '.� i sssl:.r +al•r�, ptedge. or endor::e to che ^;o^c,. • e:�^n �e� ,er^�lc. llcense. or pr!vlleqe IC PtortFzyors� r1�ht> ' �
<br /> � 1n 1%L.i11c Comain sre reGulred by "ortgnree fo. ....curit.y p..po � . �
<br /> , i n r :
<br /> (a) �!nst Sn Lhe event tne MartE1Fee 1, e plr[� Cc ��.�� l�t�✓ tlo� f er.t!ng the ser.��rSty or th�� llea of 1t� rort- r��
<br /> ga3e, inrl�dine, �n, suit by che Y,oric �ee toferecl�:r.^ tdi� morr,: � or nn� cuit Ir�Vi1ch t*e Mcrt��gee n�y he ne^eC l 'N
<br /> � } �rtv �ie.`endar,c in ���hSch lc is ablieace� � F�'�'•�ct lcs rlp,htc or 1:?n, :^cl�dinv co;�demnetlon und bsn'r.ruptc_r � y
<br /> �C."ed;n^,s, Clte iiortF,�c'E° r�sy !nCur ex,,et�::e �n�1 a'7Vnnr_� pay.^,en4 ;cC absL7'2ct fees, �iCtot'neV fr� (�v.cepC to C„e �C
<br /> I � _nt p;uP.l�lteA by 1r,a). CL"sC3, EY.�iC!17C.^, 1utl cther cha.^g�s, ��
<br /> (:1 � j
<br /> Th^_t Sn ih� ev?r�t Lhe !!ortF,ngora '�il 6n T-y r.nPn due ��aV `er.e2, liet- 'r�t�nNnts, or a._ -:nenta, cr f�itl Lo �
<br /> � i ^�-.ir.Lsln ±risurnnce .sc ];��relnbeforr prcvld^1, �r _all ': pa;, *ents. IFes. o. _l�j.ce:: und�r th te,r., o any !"a;e.
<br />;� � � j pn:--SC. llcense. >r• ^.*!vlle7e; cr crt lpee f r l�f 1 .0 .n r for �bstracr� (cns, 3 trr�e� fre . �-s, � �
<br />�.� f er.penses�a!:�cther clY'�rge, in cr.m tio� Sth ,Ic�r; .rc-� r ,?v,� ::urh C�yTe:tter;r:� + e .�c� 1 u . ..e, -
<br /> q, � cr .nc�r �:�ch G�1ri[ion, -m�1 [h^ rino�mcs ys d th ��`�� �i11 b . i..�_ t * Ind�U[eCn� i r-� �. G: dv� �
<br /> t�`t..' i ..� �-,'=hlr .^eC._.�1y� .!�^. �tisll U�•.. ln..._.,! .. ., h�. .,,._ „.,c.i. _t. +.... .... a.` r,�,. �.r ,�.nt ,�r .vi::.. I
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