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<br /> ; Easterly on the North line of said Northeast Quarter of the Southeast Quarte: �
<br /> � a distance of 449 . 8 feet ; thence to the right at an angle of 144 ° 17 ' in a
<br /> ; Southwesterly direction a dietance of 554 . 1 feet to a point on the West line
<br /> � of said Northeast Quarter of the Southeast Quarter ; thence Northerly on said '
<br /> � West' line a distance of 323 . 5 feet to the point of beginning , containing 1 . 7
<br /> ; . � acres more or less .
<br /> < �CD
<br /> +Q� 3outhwest Quarter of Section 22 , the Southeast Quarter of Section 21 , and
<br /> ;C�2 the Northeast Quarter of Section 28 , all in Township 18 North , Range 13 West �
<br /> !� of' the 6th P . M . , Valley County , Nebraska , subject to a real estate contract
<br /> 1 � between Mortgagor ; and , Thelma Leonard and Beulah Lumbard recorded in book '
<br /> _ � on page
<br /> , �
<br /> ; � Southeast Quarter of Section 22 ; the Northwest Quarter , and , the North Half
<br /> of the North Half of the North Half of the Southwest Quarter of Section 23 ;
<br /> ' all in Township Z8 North , Range 13 West of the 6th P . M . , Valley ` Countq ,
<br /> � ' Nebraska , less a tract therefrom conveyed by deed recorded in book 45 on page ;
<br /> � 228 ; less a tract therefrom conveyed by deed recorded in book 47 on page 349 ; '
<br /> ; and less a tract therefrom conveyed by deed recorded in book 45 on page 282 ; ;:
<br /> and , less a tract therefrom conveyed by deed recorded in book 47 on page 304 „
<br /> f subject to a real estate contract between Mortgagor ; and , Arthur C . Larsen
<br /> ` ' and Dora Larsen recorded in Book 27 on page 296 .
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<br /> ; together with all rights, interosts, easements, herediuments and appurtenanccs thereunto belonging, the rents, issues, and
<br /> � pro£ts thereof and zevenues and incomc therefrom, all improvements and personal properry now or later attached thereto or ; .
<br /> reasonably necessary to the use thereof, inclading, but not limitcd to, ranges, refrigcrators, clothes washers, clothes dryers, '
<br /> � or carpecing purchased or financed in whole or in part with loan funds, all water, water rights, and watet stock pertaining
<br /> p thereto, and all pay ments at any time owing to Borrower by vutue of any sale, lease, transFer, conveyance, or condemnation
<br /> � ofhny part thereof or interest therein-all of which are herein called •'the property": - � :'� -.
<br /> � TO �HAVE AND TO HOLD the property unm the Government and its assigns forever in fee simpla � , . � � � '
<br /> � �� ' � BORROWER �for himself, his he'vs, executors, administrators, successors and assigns WARRANTS THE T1TLE to the �� � � �� . � � � -
<br /> � property to the Government againsc all lawEul claims and demands whatsoever except any liens, encumbrances, easemencs,
<br /> ' " �� reservations, or conveyances speci£ed hereinabove, and COVENANTS AND AGREES as follows: . .. � . . � � � -
<br /> (1) To pay prompdy when due any indebtedness co the Government hereby secured and co indemnify and save harm- '
<br /> � less the Government against any loss under its insurance oE payment of the note by reason of any de£a�lc by Borrower.
<br /> At all times when the note is held by an insured holder, Borrower shall continue to make paymmts on the nou to the Govern-
<br /> � menq u wilectionag ent for the holder.
<br /> { (2) To pay to the Governmenc sueh fees and other charges as may now or hereafter be required by regulations of the
<br /> � � � j Fumers Home Administration. .. � . � �
<br /> � (3] If required by the Government, to make additional monthly paymcnts of 1 / 12 of the estimated annual taxes,
<br /> assessments, inrurance premiums and other charges upon the mortgay,ed pzemises.
<br /> (4) Whether or noc the note is insured by the Government, the Government may at any time pay any other amounts
<br /> requ'ued herein to be paid by Borrower and not paid by h 'un when due, as well as any costs and expenses for the preservation,
<br /> � protection, or enforcement of this lien, as advances for the account of Borrower. All such advances shall bear interest at
<br /> � the rate borne by the note which has the hip,hest interest rate.
<br /> (5) All advanees by che Governmenc as aescribed in this instrument, with interest, shall be immed'utely due and payable
<br /> by Borzower to the Government without demand at the place designated in the lacest note and shall be secuzed hercby. No �
<br /> � euch advance by the Government shall relieve Bonower from breach of his covenant to pay. Such advances, with interest.
<br /> shati; bE repaid from the frst available collections received from Boaower. Otherwise, any payment made by Bonower may
<br /> , :� ' be applied on the note or any indebtedness to the Government secured hereby in any ordcr the Government determines.
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