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t NEBRASKA MORTGAGE 88- 101125 This MORTGAGE made this 23 day of February, 1988, between Mark A. Haskins ("Mortgagor") and ~\'ill iam H. Haskins and Marlene S. Haskins, husband and \Olife, as JOINT TENANTS \\'i th right of survivorship ("Mortgagee"). IN CONSIDERATION OF Three Hundred Thirty-five Thousand Six Hundred T'.-lO and 40/100 Dollars ($335,602.40) advanced by Mortgagee to Mortgagor who ackno\011edges receipt of such sum which is evidenced by promissory notes of even date ("the Notes") ~'/hich this mortgage secures, and the cancellation of an agreement for sale of ~,artnership of December 31, 1985, and amendments thereto, and the conveyance of all assets of Haskins Farm, Ltd., a Limited Partnership, the l>iortgagol' jointly and severa 11 y if me re than one, hereby mortgages to the Mortgagee the following described real property situated in the County of Hall, State of Nebraska, and described as follows: The South Half (S!) of Section Nine (9), Township Nine (9). North, Range Nine (9), i'lest of the 6th P.M., in Hall County, Nebraska, together ~ith all rents, easements, app~rtenances, heredita- ments, interests in adjoining roads, streets and alleys, improve- ments and bui Idings of any kind si tuated the!'eon and all per- sonal property that may integrally belong to or hereafter become an integral part of such buildings and improvements, all crops raised thereo~ and all water rlghts benefiting or appurtenant to such real property (collectively "the PI'opel'ty"). r,10rtgagor covenants ','li th 1.101'tgagee and its succeSSOl'S in interest that (i) Mortgagor hol ds tit Ie to the Pl'operty in fee simple and has la\'lful authority to mm'tgage the same, (ii) the Property is free of liens and encumbrances except aG stated above, and (ili) Mortgagor \'lill defend the Pl'operty against the lawful claims of any person or entity. 1 . PA V/.1ENTS. paym~nts required -under securing the Noles. MOl'tgagor the Notes shall pl'omptly and any othel' make all instl'ument 2. TAX~~. 1.10rtgagor shall pay each Installment of all taxes and specia 1 assessments of evel'y kind, no\'l or here- after levied and assessed against the Property or any part thereof, before same becomes del inquent, \'li thout notice 01' demand and shall provide Mortgagee with evidence of the payment of same. Mor'tgagor shall pay all taxes and assessments \'Jhich may be levied upon Mortgagee's interest herein or upon the Mortgage or the debt secured hereby \.:i thout regard to any 1 (}\.J \'Jhich may be enacted imposing payment of the \'lhole 01' any pal't ther'eof upon the Mortgagee. -1- r- l_ _-.J " ~