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200111861
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200111861
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Last modified
10/14/2011 12:46:10 PM
Creation date
10/20/2005 11:15:46 PM
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DEEDS
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200111861
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200111861 <br />THE WEST TWO— THIRDS (W2/3) OF THE SOUTHWEST QUARTER (SW1 /4) OF SECTION TWENTY —EIGHT (28), <br />TOWNSHIP TWELVE (12) NORTH, RANGE ELEVEN (11), WEST OF THE 6TH P.M., HALL COUNTY, NEBRASKA <br />together with all rights (including the rights to mining products, gravel, oil, gas, coal or other minerals), interests, easements, hereditaments <br />and appurtenances thereunto belonging, the rents, issues, and profits thereof and revenues and income therefrom, all improvements, all <br />water, water rights, water stock pertaining thereto, and all payments at any time owing to Borrower by virtue of any sale, lease, transfer, <br />conveyance, or condemnation of any part thereof or interest there -in -all of which are herein called "the property "; <br />TO HAVE AND TO HOLD the property unto the Government and its assigns forever in fee simple. <br />BORROWER for Borrower's self, Borrower's heirs, executors, administrators, successors and assigns WARRANTS THE TITLE to <br />the property to the Government against all lawful claims and demands whatsoever except any liens, encumbrances, easements, reservations, <br />or conveyances specified hereinabove, and COVENANTS AND AGREES as follows: <br />(1) To pay promptly when due any indebtedness to the Government hereby secured. <br />(2) To pay to the Government such fees and other charges as may now or hereafter be required by Government regulations. <br />(3) If required by the Government, to make additional monthly payments of 1/12 of the estimated annual taxes, assessments, <br />insurance premiums and other charges upon the mortgaged premises. <br />(4) The Government may at any time pay any other amounts required herein to be paid by Borrower and not paid by Borrower <br />when due, as well as any costs and expenses for the preservation, protection, or enforcement of this lien, as advances for the account of <br />Borrower. All such advances shall bear interest at the rate borne by the note which has the highest interest rate. <br />(5) All advances by the Government as described by this instrument, with interest, shall be immediately due and payable by <br />Borrower to the Government without demand at the place designated in the latest note and shall be secured hereby. No such advance by <br />the Government shall relieve Borrower from breach of Borrower's covenant to pay. Such advances, with interest, shall be repaid from the <br />first available collections received from Borrower. Otherwise, any payment made by Borrower may be applied on the note or any <br />indebtedness to the Government secured hereby, in any order the Government determines. <br />RD 1927 -1 NE (Rev. 1 -98) Page 2 of 4 <br />
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