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<br /> • � _.�. . REAL PROPERTY MORTGIIQ� � ��. . . � `
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<br /> : F_ Qrant Fa1 Mien� h�r�i n ca 11 ed �he "MorLBago�," i n � � '
<br /> � � � � �vnsidsretion af the 8u� of One Hund�ed Thirty-five Thausend � � � •
<br /> � i� ''t�ollar� (;136,040.QOy, h�r�by martgsge� and convpys to F�eds�ick . � � �
<br /> •f "� - . Faln�iin, �h�rsin cal led: the °Nortgagee.°� the foi'towi�g descr�rbed � � � �
<br /> ! r�al �st�ts Y.ogeth�r with al� the r-tght, title nnd ir�terest of th� �
<br /> _ : ; Martga�or tharoin or her�afts� ncquired includ9na el l bui ldings and ` �. .
<br /> _ , = fmprov�ntec �ow on or here�fter placed on such real .estate: �
<br /> '..�:i . . . � -� . -------� , -- -—
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<br /> • , East F i fty Feet (E50' ) of 9.oti One� (t }, g1 oEk pne (1 )� � �
<br /> �, - : � • Donipl�an, Ha17 County, Nebraska . . - __ .
<br /> � . � .
<br /> �• � This mortgage is given as coliaterel to secure � promissory � • ' ' �
<br /> . note gfvsn by Mo�tgagor of even date.
<br /> Mor�gagor herQby covenents with Mortgagee and� its succe$sors � �
<br /> , . , and assigns that Martgagor is laNfully �eised of such real estete
<br /> a�d is the fee arner thereof. �f�st Mortgagor has good right and
<br /> • l�w�ul authArity to convey t�c�e same� that Mortgagor hereby .
<br />: < reiinquiehea a11 rights o� homes�eud therein� dnd thaL Mortgegor � '
<br /> ' warrents and wi11 dsfenc� �he title ta such real estat� agei�st the, � ; -�
<br /> 1awFu1 ci�ims of e11 perso�s whomsoever. Additional�y, Mortgegor �
<br /> , covenante end agrees with Mortgayee as foilows: ° .
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<br /> 1. Mort a�gor sha11 �_
<br /> 9 pay ail taxes end assessments in �espect
<br /> , of � or '[�vied upon such reel esLat9 before LMe seme become
<br /> � delinquent nnd sha11 pay when due any lien or judgment on euch real •
<br /> � estate. '
<br /> . . �
<br /> � 2. �lortgagor shr�t i not `cammi t nor aermi t any waste on such � �
<br /> real �estat�,e, shell kee�� a11 bui lclings and improver�erats in good
<br /> _ ` rep�i r end shal l �ot impai r or permi t the impei rment oF Mortgagae's
<br /> � .. security in any wey. � � .
<br /> . In the event Mortgagor fe11s to p�y such taxes and assessmant&
<br /> or fails to cause the removal of any .1ien on such real eetata. ,.�._
<br /> , Mortgagee may at his op�ion psy such taxes an0 assessmenta or ��ey —
<br /> an aniount necessary to satf sfy �e���h 1 ien. anti al l amounts edva�ced ���r
<br /> � � tMersfore shell became a d�ert of the indebtedness secur�d hereby.
<br /> aha11 be due And payeble ynnrnediately and shall bear in�,erest at the
<br /> maxitnum rate el lowed by the 1 ews of the State of Nebraska at the
<br /> ti rpe of �uch edvencement.
<br /> .._. _ ._.._ _. .. ... ...... . .-...---.._ _ .-- --- - --
<br /> In the event Mortgegor d�fau 1 ts (a) i n the payment when due of
<br /> such principal sur� or any instellme�t �hereof or any inLerest
<br />. thereon. or (b) with respect te� any covenant or condition contained
<br /> in thie mortgege, Mo�tgegea may, at his �option wiL�►aut notice. ertd
<br /> et anytime durir►g the continuance af such default, declare tho �
<br /> �ntire indebtednbss secured by this martgage t� be imme0iately due �
<br /> � and pay�ble with in�erest et tF�� maximum �Ate then allowed by
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