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1•IORTGAGE
<br />This Mortgage is entered into between _$eX A,S_nfehs and Rhonda L.
<br />Spiehs — _----- - - - - -- - - - -- --
<br />'herein Mortgagor) and _ The State Bank of Cairo, Cairo Nebraska
<br />(herein Mortgagee).
<br />Mortgagor is indebted to Mortgagee in the principal sum of $ 6.0,000.00 ,
<br />evidenced by Mortgagors' note dated —MayA . 1986 (herein Note
<br />providing
<br />for payments of principal and interest, with the balance of the indebtedness, if
<br />not sooner paid, due and payable on May 5 , 1991
<br />To secure the payment of the Note, with interest as provided therein, the
<br />payment of all other sums, with interest advanced by Mortgagee to protect the
<br />security of this Mortgage, and the performance of the covenants and agreements
<br />of the Mortgagor contained herein, '•Iortgagor does hereby mortgage and convey to
<br />Mortgagee the following property located in --Hall----- County, Nebraska.
<br />Lot six (6) and the North four feet (41) of Lot seven (7),
<br />Block six (6), Third addition to the Village of Cairo, Cairo
<br />Nebraska. -
<br />. ro o
<br />- v
<br />i'
<br />Together with all buildings, iworover,ents, r"i tures, streets, alleys, passageways,
<br />easements, rights, p r i v i l e g e s and a{ru,;rtenances to uted thereon or in anywise pertaining
<br />thereto, and the rents., issues and profits, reversions and remainders thereof, all of
<br />which, including replacements and additions thereto, is hereby declared to be a part
<br />Cy, of the real estate secjrea by the lien of this ',orty ue :-:nU ali of the foregoing being
<br />referred to herein as the "Property ".
<br />Mortgagor further convenants and agreos with `sr)r; �d,eE', as follows:
<br />Payment. to av the ir,debtedrie,s t
<br />_�—_. p :r,�; rrr ':rter'ec,� [hereon as provided in
<br />this Mortgage and the Note.
<br />2. Mortgagor the owner o` cr, , v , '.n �;i+ inrt iuthor r Lj to mortgage
<br />the Prop l 1
<br />Property, ar,u ....r' ur,t�> t , -it .•• � -i�C: r,��.�b� ,_.y1.,,1t.;�,L.arid�tzr:or' liiin on
<br />the Property.
<br />3. To pay Imell 1 ai' 3r s "1 t 11 all Ci t ne r cna, , against
<br />the Property avid, upull .mitten :1 -md , t ,re, dd ±b nF i•.rarrrC required
<br />under the Nfite
<br />to pay such to
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<br />—j j
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