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� � � � <br /> � -rnn � D � c� cn <br /> � p p n n � n 2 � C° o --i o m <br /> `� m cAn � � � � z -n-1 O .-�r <br /> �� � m � � .� rn cti . <br /> p„ � � G c'>�~ l--+ O "'t1 C� C]' : <br /> � �, <br /> p� � -r' �-J e� L1� .. <br /> Q � ` '`-- F--� N <br /> � T rr� <br /> .' �� la Cl: Q � <br /> � W -, � �,- cn <br /> �' �, �— � :s <br /> � (" Sa Cl� ��fi <br /> �� � � C i <br /> ➢,,. 7G C rJ � ,_ <br /> � C.� ....u --� e�-r�:� <br /> � N � � � <br /> 99 10998'7 �'° <br /> REAL ESTATE MORTGAGE <br /> STANLEY R. KREU1'ZER and TANYA J. KREUTZER, herein called the mortgagor <br /> whether one or more, in consideration of FORTY-FOUI2 THOUSAND AND NO/100 � <br /> DOLLARS ($44,000.00) received from mortgagee, does mortgage to NOVARTIS SEEDS, � <br /> Q <br /> INC.. <br /> The West Half of the Northwest Quarter(W'/zNW�/a) of Section Nine (9), Township <br /> Nine (9) North, Range Twelve (12) West of the 6th Y.M., Hall County, Nebraska. <br /> And the mortgagor does hereby covenant with the mortgagee and with mortgagee's <br /> heirs and assigns that mortgagor is lawfully seised of said premises, that they are free from <br /> encumbrance, that mortgagor has good right and lawful authority to cor�vey the same, and that <br /> mortgagor warrants and will defend the title to said premises against the lawfu] claims of all <br /> persons whomsoever. <br /> This mortgage is given to secure the payment of the promissory note of this date made <br /> by mortgagor for $44,000.00 payable January 1_5, 2000. <br /> Mortgagor shall pay all talces and assessments levied upon said real property and all <br /> other ta�ces levied on this mortgage or the note which this mortgage is given to secure before <br /> the same become delinquent and shall maintain fire, windstorm and extended coverage <br /> insurance with a mortgage clause on the buildings on said premises in the sum of$200,000.00. <br /> If mortgagor fails to pay such taxes and assessments or procure such insurance, mortgagee <br /> may pay such taxes and purchase such insurance and the amount so advanced with interest at <br /> prime rate plus 1% per annum shall be secured by this mortgage. <br /> ln case of default in the payment of the principal sum or any installment thereof or of <br /> any interest thereon when the same shall become due ar in case of the non-payment of any <br /> taa�es or assessments or of the failure to maintain insurance as herein provided, mortgagee may <br /> at the option of mortgagee, without notice, at any time during the continuance of such default <br /> or breach, declare the whole debt secured by this mortgage to be immediately due and payable <br /> and may foreclose this mortgage. <br /> In the event of default in the performance of any of the terms and conditions of this <br /> mortgage or the note secured by it, the mortgagee shall be entitled to immediate possession of <br /> the property above described and all the rents, revenue and income derived therefrom during <br /> such time as the mortgage indebtedness remains unpaid shall be applied by the mortgagee to <br /> tt�e payment of the note and all other sums secured hereby after deduction of any necessary <br /> costs of collection. <br /> Dated: �O� l3 . 1999. <br /> s�IIX-(, `� _ � � � <br /> Stanley R. reutzer ( Tanya J. reut r <br /> S'TATE OF i�braS�0. ) <br /> ) ss. <br /> COUN'I'Y OF G.l( } <br /> i <br /> T'he foregoing instrument was acknowledged before me this ����" day of ' <br /> �(�'��-p�J�� , 1999 by Stanley R. Kreutzer and Tanya J. Kreutzer, husband and <br /> ��ife. <br /> I ��G�` C��'�, �- <br /> ENERAL LORIJSOYMEKebraska ,T . C� , <br />