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MORTGAGE;. �G4a
<br />(� t �2t�PYT LtrP� made thio fifteenth aayof koril A. D. 19 75
<br />between. Lamoine E: EinSDahr and Etnaline Bi. Einsnahr, husband and wife
<br />Of the County of Adams and State of Nebraska pnrty of the first part, and The Mary Lanning Hosnital
<br />Trust, a corporation, Fastinu, Nebraska party of the second part.
<br />PH11E55011, " that -the said party of the first part, in consideration of the sum of TlientV-nine thousand nOLLARS,
<br />in hand paid, the receipt whereof is hereby acknowledged, do hereby grant, bargain, sell, convey and confirm to the party of the second
<br />part and his, or its successors and assigns, the following described real estate, in the County of AAl
<br />and State of Nebraska, to -wit: - - The West half of the South-west quarter (?;1�;�i), subject to easements and reservations
<br />of record, -of' -
<br />Sectio
<br />ecord, of'.Section One (1) Township Hine l Q North, Range F1nC (9) west of the Gth P.m.
<br />containing eighty acres, Government Survey.
<br />Tu 112111E U1 b #11'11n11b the same, with the appurtenances thereto belonging or in anywise appertaining, including any right of homestead,
<br />exemption, and every contingent right or estate therein, untothe party of the second part, his om its successors and nseigna forever; the intention be-
<br />ing to convey an absolute title in fee to said premises.
<br />ha VeAlllb tilt; onih party of the first part hereby covenant"_ that i,hP.tr Ai P. lawfully seized of said 'premises and
<br />good. right to convey the same; that said premises are free and clear of all encumbrances; and that t,hPV
<br />will warrant and defend" the same against the lawful claims of'all persons whomsoever.
<br />Probilbeli,. 11oiueller, . - that if the said party of thefirst part, their heirs, executors or. administrators, shall pay,
<br />or cause to be 'paid to said party of the second part, his or its successors or assigns, the principal sum of
<br />-Twenty—nine thousand Dollars,
<br />according to the terms of a promissory note entitled "First Mortgage Note" bearing even date herewith, executed by the said party of the first part,
<br />and payable at the office of McKinley and Lanning in ItastinSs, Nebraska; with principal payments as therein "specified, the last' payment to become
<br />due on the first day of r
<br />May 195; with interest as specified in said note, together with interest at the rate '
<br />of 9 per cent per annum on any installment of principal or on any interest which shall not have been Paid when'due (whether the maturity of said
<br />note shall result by lapse, of time or by the exercise by the holder hereof of the option granted herein and in any note secured by this mortgage, to
<br />declare the Indebtedness hereby evidenced to be due by reason of default), all according to the tenor and effect of said note; and shall perform all and
<br />singular the covenants herein contained; then the estate hereby granted shall cease and this mortgage shall become null and void, and be released nt
<br />the expense of the said party_of the first part.
<br />C�ltti the said party of the first part do hcr.eby covenant to pay or cause to be paid, the principal sum and the installments there-
<br />of at the times specified in the note secured hereby, and interest as specified in said note, in the manner therein act forth, "together with all costs and
<br />expenses of collection; If any there shall be, and any costs,.'chargcs or attorneys' fees incurred and paid by the said party of the second part, his or
<br />its successors or assigns, in maintaining the priority of this mortgage; that the party of the second part, his or its successors or assigns, may make
<br />any payments necessary to remove or extinguish any prior or outstanding title, lien or encumbrance on the premises hereby conveyed, and any sums so
<br />paid shall become aAien upon the above described real estate aind be secured -by this mortgage, and may be recovered with interest at nine per cent in,
<br />any suit to foreclose this mortgage. -
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