86104748 - Laserfiche WebLink

Browse

NEBRASKA MORTGAGE 86- 104748 This MORTGAGE made this A�w day of August, 1986, between ARLENE METTENLRINK, a sin-g-T—ewoman ("Mortgagor") and DAVID C. HUSTON, TRUSTEE Or, THE TESTAMENTARY TRUST OF HENRY W. METTENBRINK, DECEASED ("Mortgagee"). IN CONSIDERATION OF TEN THOUSAND AND N01100 DOLLARS ($10,000.00) advanced by Mortgagee to Mortgagor who acknowledges receipt of such sum which is evidenced by a promissory note of even date ("the Note") which this mortgage secures, the Mortga- gor jointly and severally if more 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: A tract of land comprising the northerly Six Hundred Sixty-one (661.0) feet of the easterly Six Hundred Sixty-one (661.0) feet of the Southwest Quarter (SWI) of Section Three (3), Township Eleven (11), North, Range Ten (10), West of the 6th P.M., in Hall County, Nebraska, said tract containing 10.030 acres, more or less, together with all rents, easements, appurtenances, heredita- ments, interests in adjoining roads, streets and alleys, improve- ments and buildings of any kind situated thereon and all per- sonal property that may integrally belong to or hereafter become an integral part of such buildings and improvements, all crops raised thereon and all water rights benefiting or appurtenant to such real property (collectively "the Property"). Mortgagor covenants with Mortgagee and its successors in interest that (i) Mortgagor holds title to the Property in fee simple and has lawful authority to mortgage the same, (ii) the Property is free of liens and encumbrances except as stated above, and (iii) Mortgagor will defend the Property against the lawful claims of any person or entity. I. PAYMENTS. Mortgagor shall promptly make all payments require T5nTe—rthe Note and any other instrument secur- ing the Note. L. TAXES. Mortgagor shall pay each installment of all taxes and spec al assessments of every kind, now or here- after levied and assessed against the Property or any part thereof, before same becomes delinquent, without notice or demand and shall provide Mortgagee with evidence of the payment of same. Mortgagor shall pay all taxes and assessments which may be levied upon Mortgagee's interest herein or upon the Mortgage or the debt secured hereby without regard to any law which may be enacted imposing payment of the whole or any part thereof upon the Mortgagee. -I- a