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WATIC Of NM Cetastr of ...... ».»......., .. .......................... :...: <br />AW far neerd aad @"end is Numaeiaai hd«x on <br />andis Yettdage Regard ............». ». »...., Pags ... »..»......... ».... <br />r.. »..�..... ....,....�.. »... ....M..., ........�.. .».»... »........... <br />Comty Claeh ee Donb Ciw4 Oak or <br />fte;istsr a# I1seda Dapstf Be~ of Deeds 09-- 185 1 9 7 <br />Ima ,PROPERTY MORTGAGE : <br />Bette Lorenzen Husband and Wife <br />r Louie J. Lorenzen & , herein called the mortgagor whether am or mere, <br />in eoaaiden" of - Fourty Two Thousand a no /100 dollars ($42,000.00) <br />received frosa mortgagee, does mortgage to First State Bank Shelton, UE <br />the following described property, to Gait: : <br />act of land consisting of the t7est!2g39.d5 feet of the <br />pYtth h of the S1714- of Section 22, Townslrlp 10, i -Torth, Range 10, <br />''eat of the Sixth P.i:., Hall County Ilebraska <br />And the mortgagor does herehy covenant with the mortgagee and with mortgagee's heirs and. <br />araigns� that mortgagor is lawfully seised of said prom!@&% Oat they axe free from encumbrance, that <br />retort or has good right and lawful authority to. convey the savie, add,. that mortgagor warrants and f . <br />sr ii mind the tithe to said premises a inaar tom: Lawful claifna of all .persons whomsoever. <br />°ibis m4 ttgsge is given to secwirn 'the' • payment of.' ;trio promissory noi;i=.-uf this date made by <br />'mortli.ii for, 420000.00 payiinia at per t�rr� of: sage or any extensions: <br />*ortgagor shall pay all taxes and assessments levied upon said real propel ;and all other taxes <br />levity{ an, this mortgage or the note which this mortgage is given to se aine`betore.the same bmmo delis - <br />quett,� shall maintain fire, windstorm and extended coverage insurarlre with s.stmortga ; 4&use 04 <br />the bii`� dinga on %aid premises in the sum of $ If mortgagoaittals'ao fit+ 'such t" <br />and assessments or procure such insurance, mortgagee may pay such taxes and p6.m.base sueb inisuri''OW, '. <br />and-the amount so advanced with interest at nine percent per annum shall be secured by 00s.1"rigart . <br />In case of default in the payment of the principal sum or any installment thereof or off'; meaty. interest <br />thereon when the same %hall beeome due or in ease of the non- psyment- of any tsntes nor as>ieWaci nts or <br />the failure to maintain insurance as herein provided, mortgaort': tray,.iii:. ";the option. -4 mortgagee, with, <br />out .(notice. at any time during the continuance of such defaalf.,sr Uniauts, dectar�e :(Iii, whole debt secured' <br />by 0*1 mortgage to be immediately due and payat'.e and may fu e;0(;+s*,•tltis mortg go. <br />r1i .the event of default in the performance of - any of the terms and conditimut of this mortgage or <br />the note secured by it, the mortgagee, shall be entitled to immediate possession of the property above de- �} <br />scribed and all the rents, revenue and income derived therefrom during such time 'is the mortgage in- <br />debtedness remains unpaid shall be applied by the mortgagee to the payment of the note and all other <br />sums secured hereby after deduction of any necessary costs of eollectioli:- , <br />Dated September 21, 19 E9 <br />STATE OF NEBRASKA. County of .......Dmftalo <br />Before sae, a notlraey public qualified for said county, personally came - <br />Louie J. Lorenzen ' <br />i <br />ktoe n to mo to be the idEutied pei*wk ors pervwus who, signed the 3 <br />foregoing instrument and acknowledged the execution thereof to be his, <br />her, or their voluntary act sad deed. <br />Wittuas my hand 1 on <br />........ ............ .............."Rotary Public <br />MY eonntoission espirea ......._ .......... ...` 19 . /.. <br />I�tnran 41i' tv► hfl Afirt+nwc -1 IN i -bra4A Slatp 11mr Amovimiun ,- ,stars re• . rro inwrr <br />