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<br />` RE�,I ESTATE DiORTGAGE vo� r�t� zos (aev, z-�e) ;
<br /> ;_.._r. �_—,______._._...�__.._ _.._ _._.__._,. ___..._ _ ._�._..--- ___.. _..__._...__ _.__.. _.__._. _ ,.__.. ...___.__. . .. _
<br /> 76.005396 � � � �>:�L� A„suGt ��, �4�6 I �
<br /> ;� �
<br /> i kred D. Schroeder, sin�le; und Schroeder Corn and Cnttle Companv a NeUraska ! ;.
<br /> � Corporntion , Hoc•tgaqors,
<br /> - ��
<br /> of Hall �o���i�y, Nebraslca , !n conslderatlon of
<br /> tho advance af Lhe D�Inclpal sum reclted Sn�[lie�note hereln�fter AescribeS,recelpC o[ whlch�ls.�teknowledeed, hereby � . � � � .
<br /> �; mortgage nnd eonvey co � � . I �! . � � . .
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<br /> THE fEDERAL LA{1D BANK OF OMAHA, a Corporation,
<br /> of Omaha, Dougla County, Nobraska, whose address
<br /> is Farm Credit �ilding, Omaha, Nebraska 68100, -
<br /> �� � �'.
<br /> '; liortgngen (suCJect Co all, g¢s, und minerel rlgilts owned by psrtle:; other [luui MorCP,a�ors; exlsting uasement of
<br /> �� � reeord; reservations Sn UNted &tntes nnd Scate pacents;and chc rlghts uf the publtc ln all hip,hwuys),the Iollawing �� � .
<br /> � described resl estate in Buffalo ��l��t�Y Nebraska
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<br /> , �1i SEC. TWP. R0. ,� '. �
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<br /> E'� NE% - - - - - - - - - - - - - - - - - - - - - - - - - - 13 lON 13 W6th P.M. '
<br /> and the following-descrihed real estate in Hall County,
<br /> ' Nebraska: � �
<br /> h
<br /> ` �� S4 SEZ - - - - - - - - - - - - - - - - - - - - - - - - - - 7 lON 12 W 6�h P.M. �`
<br /> �t F Together with all wells, pumps, motors, and equipment located on and used to
<br /> � � irrigate said premises, and any additions to or replacements thereof, which
<br /> 4 j �� items are declared to Ue a part of the mortgaged premises and appurtenunt to
<br /> said real estate,
<br /> � `' �
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<br /> ��- conLa!ning �n all 160 icr�s, rure nr lesa, t,oF��1mr wSLh sll of the rSpJit�, tltle, :tnd lntere;t � � � � . �
<br /> (now ownedorttere7fter acqulreA)otttie Mort`i,�c�rs Sn .�ald property, 1nr,ludlnF;itll bt1t1d1t1F,�+� lnipruvements,fSxtu[es, �. � � .�
<br /> or appurteunnces �hereon ar here�tter plsr,ed ctiereon; r.11 ava[er, 1rriF;'itlmi, and drnin�ige r1P,hts; the tenements,
<br /> heredit�unents, anA appurten�mces t!�ereto :uid Clle .ent::, lsaves, crops, ;ind protlta srl;;lnF from s��id lcuids: nnA (Sf ' � �
<br /> S'� ' Ghe Nortgsqors� r11�ts Sn the publlc �omaln +�rc reyuired by Hort�igee lor:�ecuritl' P�irpases) ,ill len,es, permlt:;, � � � � �
<br /> * llcenses,orprlvlleP,es, uppu�•tenartt or non:ippurtenm�c Co salA iom•t�iged premises,no�vai•hcrenRer ]s�ued, extended, �
<br /> or renewed to the Hot'L�nKo['a by t6e llniLeQ ,�tatc_ or the s�.1Ce ;n whlr,lt Che i�bove-describcA preperty Sa lor,nted ar , . � �
<br /> �;� any Aepurcmenc, burenu, ur xE;ency thr,reuf. - � . .
<br /> 4 ����, Thls marttpge ls F;Svcn lo secW�e � pra�nis?ory nnte of even date here�•dUi, e:tr.cu6eA bY HortP,�P.ors tu MurtF,ngee, 7n �� � � . .
<br /> sne nrinctnrii sum orONF. HUNDItED FIFTY-T}iRF,L THOUSAND 'CIdO flUND1tEU AND NO/100 - - - - - �i,�,�qg.
<br /> � pqY�ble N�Ith 1nt?res6 �ir.curdlnR �.o Lhe terna nf r��ld nnc��, ehe flndil p�iynn,ut 6nlnv due nnd {;tryable on tlie flrst, dny. ; .
<br /> � ti '� � af MaTCh, 2��5 . 71tin conveY;u�ce shnil Ur� t�old u.^,nn 6he pnymr.n6 of sald PromlSsoty nof.e. � .. �
<br /> ' This mortgage Ss subJec[ to thc Urovls:ons of TIiF. F'ARM CFiE�IT ACT apd all uct, omendutorY thereof or supplement¢1 I ��� , �
<br /> Lhereto. The proceeds of the latq� secureci hereby w111 De used tor the purpose❑ nUecltled in the MertF,�P,�ra� npp11- �
<br /> # ; cutlon tor sald loan and nuthorized by snSd Ac1. � �� :
<br /> i�
<br /> � Tlie nortgagors, and enct�of them, heieDy h¢rrrui6 [hnc t.hey are tce oernec•s of the mortEaBed t�eal property; thaL Lhey ., �
<br /> will de[end the tltle agalust all�clulmants �tiho^.soever, nrd thut sutd property is trec from ull encumbt•+�nr,es; that � -
<br /> they w111 keep nll ttie Improvcinenta, flxtures, mnd �+pU�irtennnc�s occupled nnd 1n p,onA repnlr .ind Vermlb no �cts of
<br /> xaste• and they will rcllnqulsh u11 rlghts ot homes6eatl !n �ald Premises,and coveunnt nnd ngree r�SLI� the HortFnP,eo, � . �
<br /> as folla�vs:
<br /> (1) That they vr111 P�Y '^'��en due all C�ae:, ll��ns, ,)udp,ments, or asse:>snents whSch may be Lnwfully nssessetl ngalnst � �
<br /> the property hereln morceuged. . �
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<br /> � - ('1 'Lhnt they w111 Snsure nnd ker,p In::ured Gu11dSnFs or oth�r Sc:G�'�vemeots nnw on or whlr.h muy h�re�fter Ue pinced
<br /> � ' on s�iltl premSses co[he s,i!Sstucclon of �he Morct�zee,suclitnsurunce pulicy shall br. endorsed e:ftL n mortPnge clause � �
<br /> -��� v+ith the loss thercunder ta De payable to tlie hiurtgegee. Any ••wns recelveA m:iy be used to pay far reconstructlun ��
<br /> ; oC the tlestroyeA 1mDrovements; or, 1! nnt so npplleA, mqy, at the apttan of the Martp,a,v,ee, Ue npDlled fn payment ot
<br /> ;� ai�y 1nAebtedness, matured or unmatured, securr,d py th1c; mortF,nqe,
<br /> �' (3) To pay all renGs, fees, or chnrges now duo or Lo hecome due under ttie Lerm:a of enr.h leti;o, p�rmlt, llcau,e, or
<br /> prlvllege on the pu011c domaln �vLlch 1s appurtenrit�t or nonappurtenaut to the mortgaFe� premis��s, whlr.h has beeu
<br /> l�sued,extended,or renewed Dy the United 5tfites or the stute ln ivhSr.h thc �sbove-Aescrlbed praperty :s locnted: anA � �
<br /> . to pertorm antl observe evnry act, covenant, cenditlon, unU .^>tlP��lnt:on necessu�7• t�� keep eoch ot the snme !n Eood I ���,�
<br /> I � standSnB; and to tnke every neces,ary stev to secure Lhe rel::sue, rrnehnl, er exten;lon of each oT the snme; and co
<br /> as,lEirt, walve, p!edge, or endorse to the Hort�eqee enr�� lence, �e;m1c, llcense, or.prlvllege 1f ttercgugors� r1v..hts I ,
<br /> in publlc domuln are requlretl by MOME'ipec for securlty purG�ses.
<br /> I :-�i� �..l,.r�
<br /> -� (a) That Sn the event the Mortgaqee Ss a party to cny 1!U�ntlon attectin� Wie securlty ur the 11en o( St. riorc- � � . . � � � rf;
<br /> j' gage, IncludSnP, �Y sult Dy the Mortgsgee to foreclose thls mortF�ge or nny suit Sn whlch the Horlgsgee m•ty he ntmicd _N a:�-
<br /> ; � a p�rty defendant in whlch it ls ob11F,�ted to procect. lcs rlr,hts or Ilen, 1ncludSng condemnatlnn und D�mkruptcy '�
<br /> �' � proceeaings, Lhe Mortg¢gce may lncur exyen::e, rind udvn��ce pa,YmenL tot� abstrnct fr.es, aLtorney tees (except. to the �
<br /> , ex6ent prohlbSted Dy law), cost3, expenses, ana other ct�urges. ' � .
<br /> �� (51. Tt:at in the event the Mortgagors tall to P�sy when due any.tnxec, 11ens, �uAgmr.;itc, or n,sessments, ur fnll t.o � �- r..f����
<br /> . malntaln Snsurarice as t�ereinbetore provlded, or fa11 tn DP)' rents, lees, or chnrPe� undeC the terms o: any lease, � �q' � -
<br /> permlt, 1lcense, or Prlvllege; or Mortgng�e !s requlred Co fucur expenses far ;ibstract tecs, acto^ney fees, cesta, � � ��
<br /> expopses,and othei• ciinr3es Sn connectlon wSth 11[.1B�i67on, Ploregagee m�iy maY.c ^uch pnyment orprovlde such fnsur+ince, �
<br /> �, ;'�, I or incur such obltgutlon, n�iA the omaunts p¢Id thNretur shnll beceme n psrt af the IndebCedne;; ,ec�,�red hereby due I . � -
<br /> und pay�le Sm�edlfltely, and ahall benr Interest from thu dxtc ot puytnent at. tlu� rnte uf Cen prrecnt per nnnum.
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