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_.� —��- - Y Huffman acrd fetton 3 Wott Walton. Ne. 68461 9.3 t r__. .— .__._+....ww...�.. ^core+_......... 104930 ' #.� 3 REAL PROPER'TY''MORTGAGE Open -end, to secure present and future obligations and advances I li. � S`�EPNF.�t� �iC• G'Krft.l. T>+F�.��v � er �tr��. �e�+lew, ( herein called the "Mortgagor" whether one or more, in consideration of the advance of the principal sum recited inthe note hereinafter described and in consideration of any future advances made by Mortgagee to Mortgagor as f {� hereinafter provided, hereby mortgages and convM. ':to- �I ;. herein called the 'Mortgagee', the following described real estate together with all the right, title and interest !' of the MortgagorthereinorhmafteracgWredindudingallbuildings dimprovem is on r 1 onsach real estates A tract.. of land located in the test one�ia�° `r o tie ��'r�`�twes t �} Quarter (ANW'k) of Section Thirty -four (34), Township Eleven North (11N),I 11 Range Nine (9), West of the 6th P.M., Hall County, Nehr4ska, described !! i' as follower: s Starting at'.a•point 1340.82 feet Sedth and 33 feet East of the Northwest j coffer of said Section Thirty - fang; '.(34) thence:-from the point of beginning, East- 1287 e:f'tet to a point on the Last boundary line of _.the West one -half of the Nor west quarter .(ANW%) of said Section Thirty -four (34). thence ; South along the East boundary line of the West one -half of the Northwest i quarter MNW�) of said Section Thirty -four (34) a distance of 1299.18 feet to the;Southeast corner of the West one -half of the Northwest quarter ( ) of said S.dction Thirty -four (34), thence West along the South boundatry line of the Jest one -half of the Northwest quarter (Wz .- +f i of said Section Thirty -four (34) -a distance of 1287 feet, thence North � a OLS. ance of 1299.08 feet to tht� ' point of beginning, containing 38.38 acres, more or less. 1 f This mortgage is given to secure: Ii misso note dated O'1!lNe�Ir/tifl�`,6; i I � ry • ! even by Mortgr4ur to Mortgagee in the principal sum of t ! $ At payable with intaerect according to the terns ofsuch note and any instrument taken in aannection with refinancing, extending or renewing the indebtedness evidenced is a such note or any part thereof-, i B. Any f itt xe advance(s), with intent 6t which may be made from time to time by MuAgageeat its option in'iny amount(s), Provided, howeverfeuch future advance shall be so limited that thetotal principal amounts outstanding i at any one time shall not excfw$ the sum of dollars, to be n":p3id in accordance with the terns ofa ;;. i promissory note(s) evidencing any such advance(s). Any such advance(s) shall be ad: itional to any advanoo(s) hereinafter authorized to be made by Mortgagee for the protection of the security or Mortgagee's interest therein, j Mortgagor hereby covenants with Mortgagee and its successors and asriggs; that Morgagor is lawfully seised of such real estate and is the fee owner thereof, that Mortgagor has good rightdnif, lawful authority to convey the same, that Mortgagorhereby relinquishes all rights of homestead therein, and that&loitgaigacwt ;rrants and will defendilze title to such real estate againstthe lawful: 4 a'ms of all persons whomsoever. AdditionalP,i; Mortgagoreovenantatim' i agrees with Mort -g23gee as follows: 1. Mortgagor shall pay all taxes and assessments in respect of or levied upon such Heal estate re the same become deDquent and shall pay when due any lien or judgment on such real estate. 2. Mortgagor shall procure and inaintain fire, windstorm un3 extended coverage ivaurance on all buildingaor i other improvements now on or hereafter placed upon such real estate in an amount satisfactory to Mortgagee, such insurance to have a mortgage clause, loss thereund;sr to be payable to Mortgagee as its interest may appear. r . 3. Mortgagor shall not commit nar permit any waste on such real estate, shall keep all buildings iinld improvements in good repair and shall not impair or permit tee Impairment of Mortgagee's security in any way. l 4. Mortgagor hereby assigns to Mortgagee OU innits in connection with such real estate. In the event Mortgagor fails to pay such taxes and assessments or fails to procure such insurance or fails to ! cause the removal of any lien on such real estate, Mortgagee may at its option pay such taxes and assessments or ` ! procure such insurance or pay an amount necessary to satisfy such lien, and all amounts advanced therefore shall I become a part of the indebtedness secured hereby, shall be due and payableimmediately and shall bear interest atthe maximum rate allowed by the laws of the State of Nebraska at the time of such advancement. In the event Mortgagor defaults (a) in the payment when due of such principal sum or any installment thereof . or any interest thereon, (b) in the repayment when due of any advaces made as provided herein or any interest thereon, or (c) with respect to any covenant or condition contained in this mortgage, Mortgagee may, at its option j without notice and at any time during the continuance of such default. declarethe entire indebtednesssecured by this L ; ! mortgage to be immediately due and payable with interest at the maximum rate then allowed by Nebraska law and may immediately foreclose this mortgage or pursue any other available legal remedy. In the event of any action by 'Mortgagee to enforce collection of indebtedness secured hereby, Mortgagor agrees that any expense incurred in connection therewith including costs and reasonable attorney fees shall become a partof the indebtedness secured by this mortgage. In the event of any default set forth in the'foregoing paragraph. Mortgagee shall be entitled to immediate possession of such real estate and all the rents, revenue and income derived therefrom during such time as the indebtedness secured hereby remains unpaid shall be applied by the Mortgagee to the payment of such indebtedness including amounts deemed to be a part thereof as set £firth hereinabove. t= 1' I it �f I� t it i r !. �l. �J t-� 1