88105872 - Laserfiche WebLink

Browse

88- 105872 f40RTGAGE This Mortgage is entered into between MARIE HARDERS, a aingle person, and FRANCIS H. HARDERS and CHARLOTTE A. HAROERS, Husband and wife (herein Mortgagor) and (herein Mortgagee). Mortgagor is indebted to 140rtgagee in the principal sum of $ 31,000.00 evidenced by Mortgagors' note dated October '2.Z"'1988 (herein Note) providing THE STATE BANK OF CAIRO, A Nebraska Banking Corporation for payments of principal and interest, with the balance of the indebtedness, if not sooner paid, due and payable on March 15, 1992 To secure the paYlTent of the Note, with interest as provided therein, the payment of all other sums, with interest advanced by f40rtgagee to protect the security of this r'lortgage, and the performance of the covenants and agreements of the Mortgagor contained herein, Mortgagor does hereby mortgage and convey to Mortgagee the following property located in Hall County, Nebraska. South Half of the Northeast Quarter (S~NEi) of Section 8; and the South Half of the Northwest Quarter (S~NWi) of Section 9, all in Township 11 North, Range 11, West of the 6th P.M., Hall County, Nebraska Together with all buildings, improvements, fixtures, streets, alleys, passageways, easements, rights, privileges and appurtenances located thereon or in anywise pertaining thereto, and the rents, issues and profits, reversions and remainders thereof, all of which, including replacements and additions thereto, is hereby declared to be a part of the real estate secured by the lien of this 11ort.gage and all of the foregoing being referred to herein as the "Property". ~lortgagor further convenants and agrees with Mortgagee, as follows: 1. Payment. To pay the indebtedness and the interest thereon as provided in this Mortgage and the Note. 2. Mortgagor is the owner of the Property, has the right and authority to mortgage the Property , :iillQci'6alllllaoooctMltIlJthe"a,aA!OuOl-..ted<~~>4\4lt"""lIIIIlIllplt4Wltl~'!lfl ~ 3. To pay when due all taxes, special assessments and all other charges against the Property and, upon written demand by Mortgagee, to add to the payment required under the Note secured hereby, such amount as may be sufficient to enable the Mortgagee to pay such taxes, assessments or other charges as they becolTe due.