|
:;�
<br />�,_
<br /> � �
<br /> �` �$—�1�1� � rJU7 099 511
<br /> � P6UDE1V17AL LOAN No............................_...._.........
<br /> TFi18 1NDENTURE WI'PNES3E7�H,t�.c Charles W. McTavish and Sylvia J. McTavish, husband
<br /> and rife
<br /> of HB�� County, Nebruks, herein ea11xA MOIiT(:ACiOR. in enn.�deruUon of f 135���.�� � � in haad
<br /> . r psid,doe�hereby Rrsat,brrgsin,xell and oonvey W 9'llL Pltl'DF;N7'lAL IN9L'ItANC'E ('UAfYAtiI' OF'A�1F:RIC'A. n u,rpurrtioa �
<br /> ot the 6tste o!New Jeney, h�vinQ ita prinoipal oMce in the(5ty ut Newark,New Jer�ey,hnrein crllwl !v1Ult'CUAU�E,iir nuoae�wurs
<br /> �nd a�i�ao t�revw,the tulluw�nQ deooribed rwl eut�cn wturtnd in�e at
<br /> Hal l Couuty,Nebrarka, to-wit:
<br /> The Northwest Quarter (NW-1/4) and the North Half of the Southwest
<br /> Quarter (N-1/2 SM-1/4) of Section Thirty-four (34), Township Ten (10)
<br /> North, Range Eleven (11) West of the 6th P.M., Ha11 County, Nebraska.
<br /> Including all irrigation rights, wells� pumps and accessories thereto.
<br /> Sub�ect to easements of Record and to existing roads and highways.
<br /> Containing in all 240 acres, more or less.
<br /> fo�ether�vith �11 the�ppurtensnoea Lhnreunto belonQing or iu any wixe pertnininR theretn. Mortg►Qor relinquiehew�1! rt¢hb of 6oms
<br /> �tead aod all other ooatin�ent interest i¢eaid premisea. The oouvey�noe o/thn prem�aex alwvH dnecribed Wge6her w�ch�II the renw,
<br /> irue��nd proflta thereof u made to eeoure thx repryment uf a losn mwiv Gy the hiort�er.w co t6e hlorc¢�or,ru ev�denaed by a prumw-
<br /> wey no4 d�v�o dst�6orewith in the pr�ncipal rum o! - � � - - � � - � - � � - - - � - � - - - � ' � �
<br /> - One Hundred Thirty-five Thousand and no/100 - - - - - - - - - -Do�l,,,,,.
<br /> (i 135���.� - - - ),e:eouted by the MortQ�or and payable to the o�der ot the Mort��ee, with interart at Lhe r�b
<br /> tb�eri¢NC LortL,ths prinoip�l�nd intereet psyable �n socurdanoe with the termu o! said promia.ory nute. �nd 8nally m�tunn� oa
<br /> �IYh � ,19 93.�w.um.aua.n.�i n�interert attA+r the due daW ac tbe»te ot (1X�per wnum,and w�ith•
<br /> twsooabl��6torney'�(M Y may be determiued by tbe('c�urt.
<br /> Moti4a�or L�eby ezprwrly oovenwtr and a�reee with MortQa�ee,w fol]ow�:
<br /> 1. MortttQor u lawiully eeised o!rn indefeasible eutste in [ee simple tree irom encumbrrnc�a and hae Qood ri�ht and powrr to
<br /> convey an abwlute tiUe,in tee simple,includin¢all the riQhte ot homestead,and wil!warrant and detend the title to the arme aQunet
<br /> �11 lavtul clriuu.
<br /> 2.To pay rll sums hernby eecured when due.
<br /> 3. To pay w�hea due all taxes and eeaeeementa of every Lype or naWre levied or uxuirased n�ainet naid pruperty,or upon�he Mort-
<br /> p.Qee'o interert therein;snd tlw to pay xny claim,lien or encumbrance a�sinst said property which muy Lr or berome prior and ewniur
<br /> to t6e lien ot thu mort,QaQe.
<br /> 4. To keep all buildinas on the mortQaQed property ineured aQainst luxe and dams�e by firr,windxwrm and other huzarde,with auch
<br /> wlvent insuranee crompany or eomDaniee,and in eueh amounte, av are satixtactory with the ASortQaQee, and w�ith the procerde ut lo�r
<br /> payable to the MortQaQee r�ib interest may appear. The policiee ot inauranee,und atxtracts and other evidrnce ot t�tle,ehYll be delivered
<br /> Lo md held by the Mort`a`ee w�ithout lirbility,end upon foreclwum of this mortgugr,or xcyweition o(the rexl estatr or any purt thereot,
<br /> in any other enanner, ahall become the abeolute property of the MortgrQee. The loue pro<�eda ileeu expenaer, ot collection� ehall,at
<br /> Mortqaeee'�optioa,be applied to wid inde6tedneee, whether due ur not, or W the reatoration of the improvementx, ��,r all or any part
<br /> thereof taay be mleaeed by MortQiQee. In event uf toreeloelure Murt�a¢or authorizea and empuwera'.S�rtga¢er w eHecc inxur�n«upon
<br /> tfie prnmiaxe in tAe amounte afo�eeaid tor• period covering the time ot r�iemptinn fmm tnraol��+arr�.xle and i{ n��wsvary therrfor!o
<br /> caneal my or a[I e�stin`inwrance polieies.
<br /> , 6. M�or (1)will not xemove or demolish�or alter the design or atructursl character ot any buildinQ now or herealter erected
<br /> upon the pramLeo unleer DrSortQtQee ehul!firet cunaent thernto in writin�; (ii)will mxinLain t�.he premixer in�uud conditiun nnd repair;
<br /> ('ili)will not commit or�uIIer+vaate L6ereof; (iv)vill not cut or remove nor�uHer Lhr cuttiny� or rnmuval uf any�re�ea ur timber on the
<br /> premi�es (e�ccept for dome�tic purpow)without Mort�aeee's written conaent; (v) will comply with rll l�wx, urdinancex, reQulatiom. ' �� 1
<br /> covenants,eottditlm and ta�trletioo�aCectittQ the prsmise�,and wiA not ruQer or permit any violation thereof.
<br /> B. In fh�wsnt Mort��or lsib tq p�y any olaim,lien or enoumbrrnoe or t,h« t�eo or�ceexsmente►twve menuoned,or p�y che ' � ���.+����
<br /> � ¢rmiams d iasue�nos,oe kesp t�id promisa�in rsp�ir,or oh�il oommit or permit t6e oommierion ot any�aate,or ahrll daf,ult in th� J
<br /> �
<br /> p�etaem�ee�of�a7 d th�Caem�.OoveosnL�od�fremeaW of LIIe pn�mie�ory note aeoured by chi�moet��e,or at thie mort�e,or -
<br /> 3 tLs Maztsa,�or aLall abandoa vid Wuperty,ar it Lhu D�2urfYarox�Lrii lw uiraiw r{wr�y .n uny swc oa�ow�unt ol ihx e�cenoe uf
<br /> LEis moriQaQY ar invdvir�the Litle to Yaid rw1 u�btw LLu 3�url���w/ury y�y wwl ulrmr,Leau, enoumbrrnoew wcw,r�menrs,or
<br /> �e�aiam�.wif�#ef�i d wbea��tion 6hrsundar.ot m�las rep�in,or yuroiar�tas tit�s.�nd msy prooure suah sbetraotr ot title or .,
<br /> ef,r evid�es�d tiW�iC deem�Oeorury,or y�y eour6 eqy, aod all rums so paid, with interesL at the m�ximum nce rltoweble
<br /> by lsw,s5s11 beoomd.a paet of the inde6tednoee horebp at+cutecl, au1 aL� LL« w�hwe,.I tLe�n.1aLw�lu�.»w�w�n.3 Lm�.,i.. ,i�ril i.nw,u�u
<br /> rd b�imm�df�id�due aed p�T�ble K th�OyOoa d the Ddort�os�vithout aotaaa or demand, �vhich �re hereby expre�wly wxived,
<br /> �ed tbia morttate mq bs toreeiowd.
<br /> �
<br />
|