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<br /> • ' JOBL N. ,BCFi�OSDSR 8A8 NALZCY D. $CI�i08D8R� 13uebSAd eAB W�fA• h8s�1E1 � .
<br /> ' cralled the mozt9agor sr3iether cne or more, ia consi8sratioa of Z'i7SLtt� TFiCII3AND .
<br /> A� 1Cti/100 IIOZT.�6R8 (S12.00b.041 xaea£ved fzaa�ortgagee. 8ces mc►rtgage to'ST. ____
<br /> � P�IIZ.'S LVI'�RAA CEiIIRC.EI •tS�@74�0?i €�j: ; —-_ ` . ------ -- _
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<br /> � Y,ot N�ue (9)• '$lOCk Five+ i5). Couats7T Club 3ubdivi�ion it► the, Cfty
<br /> , of (imud =el�sc9. Hn21'Cowaty. L�ebzaska. • '
<br /> , ,._.. . --
<br /> , , AtiB the mortga�or dces lusrehY ca�►e�t vith the �oQOrtgagee and vith
<br /> �ortgagee•e hefrs aad assfgns tYLat mastgagflr is ln�fully seised oF 63id
<br /> . psemises. ttaat they ere free fsam eaaumbzaace, e2tat mortgagor hae gao8 rfgbt 6
<br /> a�ad 1eorFul author3.ty to caaeey the eame, an3 tteat martgagor wassaats aa8 crill -
<br /> defend the title�to eaid pzeni.eeg agaiust the larful claims of al.l. parsane
<br /> � r3tomsoevet. ` —
<br /> � • Z4iie mortgage is giveu to secure the gaytnent of the psmissosy -
<br /> mote of tLie�date �ade by mortgagor for $].2,000_00 payabie o�hea Joel Lz. _
<br /> Sch�oeder ie ao longes empiayed by 8t. Paul�e Lutheraa Church. (3raud Isiaad, • -
<br /> Rsrirasl�a �d vftbin siict� (6U} daye efter'the texmtaation of "stxch emplaymeat. ,
<br /> Mortgagor ahali pay a21 taxea aad aseeamaents levied upaa said . � --
<br /> . , . rFal praperty axtd all other tax�e levied aa tAie mortgags or the note v�hicYt
<br /> tbio mortgage ie givea to secure ksefore the seme becwis delfaquent an8 eha21 , _=_
<br /> maiatain fire. �tdstozm� and extended aoveraga fneurance avi.tta a �¢art3aSe :'--
<br /> clauee on the huil8i.ags on esid premises fn the siva af $20,000.00. If ' �.,_
<br /> ' trto�t3aJcr fails to pay sucYi taxea sad assesementa or pracure euch �.aenranc�. .
<br /> iaortga3� �Y Fay sucli taxes aad gurchase such insurance and the amouat so .�'��°.
<br /> ad�craace�orith f.ntesest at fiftesn perceat t15&J per enmun sha12 be secured by e$���
<br /> ��d�ia utoYtgage. _ �
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<br /> � � in casa o£ degault in the payineat of the pri�ipal sum or any �.T`.
<br /> .fngta7.lment thezeof or of asiy i:st�zest thereon mhen thQ �ame shali become due ��
<br /> os in case of the naa-pa�t of any taxes or�seae�ents or of the faiiuse to �;�;
<br /> maintaia fasurance as is�erc.i�pzavide�, martgagee may at tYie ogtion of `;�
<br /> a[ortgagee, without� arar.icet�'at any time 8uring the costtiauduce of.euch default ' '''�•
<br /> �
<br /> � �r breach. 8eclare th2'9�ole debt eecured by tisis �aartg�.ga to be i�e8iatoly �'-'
<br /> due aa8 peyable att8 may forecl6se thie mortgage. �`�z
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<br /> � . Is� the event of 8efault in the performa�ace of a�ny of the tesms aad -
<br /> coaditions oY this mortgage or the aote secuzed by ft; the mortg'agee ehail be .
<br /> eatitle$ to 3amediate posseasion of the prope=ty above described and ail the ��"
<br /> ' rents, seveaue arid inr.ame 8srived ttterefr� during such time ae the mortgage u-:
<br /> in8ebtedae0s re�maiae uupaid ehall be apgiied by the mortgagee to the paymeat r�.�.�-i
<br /> of the aole and a11 attier e1ane secu:ed hereby after deductioa of aay aeceseary '`��°�=-s--'
<br /> � coais of collertioa. `�''�'�"-—
<br /> -_•�
<br /> DateBs Decembes ��, 1998. . .�"-"��
<br /> '��a�:�,,.:M�
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<br /> +.�.�- . � �� `
<br /> J . Sc�roe@er Nartcy A. oe8er . .����+:`
<br /> . •�l• , .
<br /> STATB 08 Ei�RASIiA ) . � -
<br /> ) es. � � -
<br /> COQNPY Og tW�L ) _
<br /> The Posegoing inatrumeat aae aciQSa�ledged before me thfs ?7�day o8 � ��
<br /> Decemher, 1994, 2sy Joel N. Sc.hroeder ancy . 3r.hr eder, husbarid ast8 o�ife. ls�� . � . • "
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