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<br /> � KNOW ALL PiEN BY TNESIi PRESGNTS:
<br /> TIIAT, WHGREAS, the undersi.gned VeTrion 13TedthBueT ���d
<br /> Patricia llredthauer oL the County oE �
<br /> State of NeUraska, hereinafter called "Mortgagor", haa {�»ve) executed and
<br /> delivered to Commodity Credit Corporation, a corporate a�;ency of the United
<br /> States of America, hereinafter called "Dtortga�ee" a promissory note eui.dencing
<br /> a loan to be made by Mortgagee pursuant L-o the Co�mnodity CrediL• Corporaeion
<br />' � Charter Act, as amended, for the purpose of enabling Mortgakor to construct
<br /> � farm sCorage facilities or purchase grain drying equipment, or both, said
<br /> i promissory note being payable in four equal, annual installments of principal
<br /> j and interesi ar�d Ueing further descri.bed as follows:
<br /> Date of Yrincipal Interest Fival Maturity
<br /> Note Amount RaCe llate
<br /> Jime 4, 197G �25,000.00 Variable . unc , . ),
<br /> NOW, THEREFORE, in order to secure the paymen[ oY said nnce and the several
<br />� ` , installments of princlpal and intecest, and any 1ndeUtedness on account of
<br /> ? any expenditures made as hereinafter provided, and to secuce the perfocmance
<br /> : oY the covenants and agceemen[s herein con[ained, Moc�gdRor does heceby gcan[,
<br /> { bacgain, sell, tcansfer, com:ey, and t�revec warran� unto Morchagee the
<br /> Yollowing desccibed real escar.e sicuated in the County ot I{all
<br /> State ot Nebraska, hexeby teieasing and walving all righ[s undec and by �
<br /> virtue of the homestead exemp�lon laws oY said Scate, to-wit:
<br />, t9est 1/2 of NG 1/4 of Section 36, '1' lON, R 121V, of the Gth YA1
<br /> exclLding 1/2 acre more or less iri t}ie nortlieast corner of the
<br /> � {V 1/2 NG 1/4 of Section 36, 7' lON, R 121V on WJ11C}1 residence
<br /> is located, more particularly descriUed as beginning in the
<br /> northeast corner of IV 1/2 N� 1/4 36-10-12 running thence west
<br /> : along tlie noi•th line 148 feet; running tlience south parallell to tlie
<br /> east line 148 feet; running thence east parallel to the north line '
<br /> : 148 feet; running thence north parailel to the west line 148 feet
<br /> ; to the actual point of ;,eginning.
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<br /> wich righ� of ingcess and eacess co and Lrom sald properey, toge[hec wich all
<br /> rencs, incomes, cevenues, pcofi[s, and benefits checefrom, and the cighcs,
<br /> easemen[s, hereditamencs and appurcenances �hereunto belonRing, and all
<br /> impcuvemencs and persunal pc�peccy now or hecec,l�er a<<ached �o or ceasonu6.y
<br /> necessacy to che use of the real pc�pecty herein descc�bed, all of which
<br /> propecty is heceinafter called che "propercy".
<br /> TO i3AVE AND TO HOLD said property unto Pfortgagee and its assigns tcrever,
<br /> provided always that if the Mortgagor shall pay or cause to be paid the
<br /> above described note according to the tenor thereof and shall duly keep
<br /> and perform all of the other covenants and agreements herein contained,
<br />, theFe presents to be null and void, otl�erwise to remain in full force and
<br /> effect.
<br />� AND MORTGAGOR, for himself, his heirs, executors, administrators, cuccessors
<br /> � and aseigns, does hereby and by these presents warrant, covennnt, and agree:
<br /> € 1. That he is lawfully seized of an indefeasible es[ate in fee
<br /> simple in and to the said property; that he has good right,
<br /> cull power, and la�of�l nuthority to mortgage the same in the
<br /> manner aforesaid; that said property is free fcom encumbrance,
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<br /> ,@ : and that he
<br /> � will forever warrant and defend the title to said property agatnst
<br /> _ the lawful claims and demard; oE all persons whomsoeve;. '
<br /> ��*�, 2. To pay promp[ly all installments of principal and inzr.re,c ati
<br /> �i [hey become due according to the terms of said note, an� of any �
<br /> ric'+�� estensions or renewals thereof, and any other indehtednesti owin�
<br /> 1� by [he hlortgaKor to the hfartga�ee and sec�red hereby.
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