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<br /> (Rev. 3.2p,75) RL'hL i;S7'ATL' �tORTGAGL I�OR NEI3RASKA
<br /> t TNIS�t�10RTGAGE is madc and entcred into bv -•-•---.�rald_L. Taylor and._Katl�_L..,Taylor,_. _. `-
<br /> �' husband and xife _each in,his,and hor own r ht xnd as s ouso..of_the othor�µ.,,.._
<br /> - • _.� •__�._ ...._..............�.._.
<br /> z residin m -_•__�.._...Doni,p_han�_......_..__._. _...___....__Nall.__
<br /> � S � • •• - — Counry, Ncbraska, whusc.post ofticc address is
<br /> i ........__.............�__.____ _....:......_._..._.......___....._.._._. Doni_p,han._......_._...._.._.._...., �ebraska ._688„�2„.
<br /> - . ....._._..._.
<br /> hercin called "l3urrou�cr, and: .
<br /> WHERL.IS Dorrower is indebted to tlic United Statcs uf America,acting thruugh the Parmcrs fimnc Administrntion,
<br /> United States Departnient of Agdcultuie,hereui called tlte"Go��ernment;'as e�tidenced by one or more promissory note(s)
<br /> or assumpdon:agrecment(s),hercin cnlled"note."«�hich has bccn eaecuted bg borrower,is pa��abie to the urder of the
<br /> Govcrnment, aadiorizes acceleration of the cntirc indcb�edncss at the upNon oP ihc Go��ermncnt upon any dc(ault by
<br /> Borro���cr,and is dcscribed �s foliowr.
<br /> Anraal Rutc Duc lh�tc of Final
<br /> A�te of Lutncme�rt Printipal�irnomrt o lntrrest frutaflmc�u
<br /> g : Deceaber 6, 197b �w27�500.00 8?n Decomber 6, 2009
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<br /> And the note evidences u loen to Borrowcr, nnd the Govcrnment, at any timc,muy essign thc notc and insure thc poyment
<br /> thermt pursuant to the Consolidated Fnen ond Rural De�•elopment Acl,or T ide\'of thc of the Housing Act o[1449;
<br /> ' ' And it is the purpose nnd intent of Ihis insUument that, nmoung othet things, at all timcs u�hen thc notc is held 6y Ihc
<br /> � Govemmcnt, or in the c�•ent the Govcmmrnt shouid assign this instrumenl without insucance o[ the note,this inslrument
<br /> shall secure poyment o!the note; but when the note is held by�n insured holdeq this inslrumenl shell not sc�cure peyment
<br /> o( the note or attnch to the debt ecidenced thereby, but as to the note nnd such debt sh�il ronslitute on indemnitp modSage
<br /> to secure the Goremmenl agninst loss under its insurance contract by reason of ans�defaWt 6y[iorrower.
<br /> NOK', THF.REFORE, in considcrution o(thc loan(s)nnd(n)nt all times u•hen the note is hcld by lhc Govemmmt,or in thc
<br /> !` event thc Goeemment should essign tHis instrumenl without insurancc of lhe paymert of thc note,tu securc prompl puymenl
<br /> of the note and any rmewnls und eztensions Ihe«rof und nny aercements conlained thetcin, including any provision(orthc
<br /> t' paynnent af an insurancc or othcr chargc, (b)al all times when thc nutc is hcld by an insured holdcr,to sc�:ure pedormancc o(
<br /> '; F3orrower's agreement herein to indemnify end sa��e hnrmless the Government against toss unJec ils insurance contract by
<br /> i �> reason o( nny default 6y Eiorrower, and (c) in any event ond ut oll times to secure the prompl pnyment of all ndvences and
<br /> ' expenditures made 6y the Gavernment, with interest, as hereinatte� described, end the per(ocmunce ot eve�y covenanl nnd
<br /> � ` agreement of Borrower contoined hercin or in any supplemenlary agreemenl,Oorrowe�Jocs hereby gronl,borqain,sell,canvey
<br /> { and essign,wilh gene�nl wenonty,unto the Govemment the following property situoled in thc Slatc of Nebraska,County{ics)af
<br /> t' Hall
<br /> ............................._............._.............._........_....... . . ..........
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<br /> A part of tot Eleven (11) of the County Subdivision of part of tho South
<br /> Nalf (Si) of Section Five (5), Township Nine (9) North, Rnnge P�ine (9),
<br /> Nest of the 6th P,AI., in Hall County, NChTII6IC3� described as follows, to-
<br /> xitt Commencir� at a point j0 fcet soutti of the northea�t corner of said
<br /> � Lot 11, running thonco west 10,5r feet, thence south 75 feet, thenco aast
<br /> � 10� feet, thence north, alonE{ tho east boundary of said Lot 11, ';5 feet to
<br /> � the place of beginnin�,
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<br /> PmIIA 427•1 NI;(Itcv.5.0•75)
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