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<br /> . 9p'�"'�02433
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<br /> � 'itsi� Mort�p�e i� entered into betweer� Lloyd Goodwin, an urmarried man, and
<br /> Floyd Goatiwtn, an unma�^ried man, as 3oinE tenants �nd nQt as ten�nts in GQmnOn
<br /> � ' (herein �at�t�or) and �e Stste B��Ic oi �airo, A lie��lra B�okin�
<br /> �nc�atim �harefn brtp�ee).
<br /> � l�brtpg�o�r is indebted� to lbrt�agee in the pa�incipsl s�a o! �110,000.00
<br /> � evidanced by I�loTt�ar'� note di►ted May �'�'� 199Q
<br /> (hercin Note 1 I�'o�►idit� for ps�aer�ta o! pcinaipal ar�d inLenst, �tith
<br /> the ba�e o! the irxiebtedness, i! not soa►er psid, due urd p�y�tbl� on
<br /> � May �_. 2000.
<br /> � i To aecure the payaent of the Note� with interest ss provided
<br /> thsrein, the p�yaent o! �11 oth�r suM, with iaterest advu�ced by
<br /> I�fortgage�e to psotect the aea�ity of this !lort�age, ar�d tt�e perfoxasnce
<br /> af the conver�ar►ts e�nd a�ree�ents o! the Mortga�or ev�ntained herein, .
<br /> NQrtgagor dxs hereby mortgage and convey to lKortgagee the following
<br /> property located in Buffalo Oaant�� I�k�6a�s�s:
<br /> The W�NE� and the E�NW4 all in Sectjon 25, Township 12N. , Ranqe 13,
<br /> ; West of the 6th P.H., and
<br /> � th� following property located in Hall County, Nebraska:
<br /> The SW� of Section 20, Township 12N, Range 12, ttiest of the 6th P,�.
<br /> includinq all irrigation riqhts, wells, pumps, irrigation • ,
<br /> equipment and accessories thereto
<br /> , ' TcQet2�er with sll buildinsia. ia�oveaeats. rixtures. atrEete. _- -
<br /> . - � e2leys� Pas�gewe►Yar ea�e�ents, rights, privileges arrd apgw�teneu�ces - –
<br /> located therean or in st�y wny pertaining thereto, and the rents, issues
<br /> � and profita, reveraiona and re�ainders thereof, all of which, including ',�'1
<br /> rep7.a+ce�ents and additicns thereto, is hereby declared to be a p�r�ti of
<br /> the re�e�l este�te sectiubd by the lien of this Hortgage a�r�d a11 of th� �
<br /> foregoi.rag being referred to l�erein as the "Praperty•.
<br /> � Mortgagor further convenBnts and agrees with Mortgagee, as '�
<br /> foliaws: � -
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<br /> 1. Payment. �'o pqy the indebtedness aad the intereat tchereon as.
<br /> provided in this Mortgage and the Note. ��.��
<br /> 2. l�ortgagor is the owner of t,tye Property, l�as the right and ' '�
<br /> , auLhority ta mortgage the Property, and �arrants that the lien created
<br /> hereby is a f irst and prior 1 ien on the �p�'C',�"-��4•--�-- • '
<br /> r.;.�.f.tvY'a.6 etr.^: • -
<br /> 3. To pay when dtx all t.a�xes� speciaal �'�s��e�p� ap� �'1 other
<br /> charges sgainst the Property ard, upon wii�tf:er� Q"e,�"'I�i�lertsagee, to add
<br /> to the pe�►ment reqttired �r the Abte secured herebY. such amowzt aa �Y
<br /> be sufficient to enable the l�brtg�e�gee to pey such taxea, assessoerrts or
<br /> othtr charges rss ttsey beca�e due.
<br /> 4. in the event the Property� or aqy peurt thereof, sh�Ii be taken by �
<br /> e�uinent da■e�in, �e �fortgisgee is e�ow�ered to collect aryd receive �,ii
<br /> ,� compensation which me�y be peid Yor ar�y property tsken or for damages to
<br /> property not taken, and Mortgsgee shaJ.l apply such, campensation� at its
<br /> � option, either to a reduction of the ind�tedness secured hereby or to :__ --__
<br /> repsir snd r.estore t.he property so daia4ged.
<br /> � � �, 5. Fbrtgagee may, but ahalt heve no;obligation, to dn any act which
<br /> �. �bhe Mortgagor has agreed but fails to do�: a�d Mortgagee me�yr also do any act '
<br /> � t' ,•it deems necessary to prntect the 1 ien he�reof. Mortgagor agreea t.o rep�y, �
<br /> �„ `upon demarxi, any s�eas so �xperrded by the Mortgagee for the above purposes,
<br /> � • and afy sumg sc experided by th� M�or�gagee shall bc t�dded to the �
<br /> itr3e4t�,5dt�ess secured hereby and becoafe sub3ect to t�ne lien hereof. �
<br /> � Mo�t sha11 not incur r`
<br /> , �gee anv gersonsl liability because �f anything it may �n
<br /> do or amit to do hereunder. �t'�
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