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86-.. 105150 <br />REAL ESTATE MORTGAGE <br />KNOW ALL MEN BY THESE PRESENTS: That we, RONALD H. SPIEHS <br />and JEAN ANN SPIEHS, husband and wife, of Hall County, <br />Nebraska, in consideration of the sum of ONE HUNDRr= <br />SIXTY --ONE THOUSAND DOLLARS ($161,000.00), in hand paid, do <br />hereby sell and convey unto GRAND ISLAND TRUST COMPANY, the <br />following described properties: <br />The North Half of the Northeast Quarter (NhNEJ) and <br />the Southwest. Quarter of the Northeast Quarter <br />(SWANS#) and the Northeast Quarter of the Northwest <br />Quarter (NEkNWk), all Section Nineteen (19), Township <br />Ten (10) North, Range Ten (10) West of the 6th P.M., <br />Hall County, Nebraska, containing 158.5 acres, more or <br />less, after excluding a tract owned by School District <br />6 located in the Northeast corner of the described <br />property, subject to the unpaid balance of a Real, <br />Estate Mortgage to Ro t L. Boeka in the original sum <br />of $200,000.00, recorded March 1, 1979 as Document No. <br />79- 001093 in the Register of Deeds office of Hall <br />County, Nebraska, <br />AND <br />A tract of land comprising all of that part of the <br />West Half (Wh) of Section Twenty -Nine (29), Township, <br />Ten (10) North, Range Ten (10) West of the 6th P.M., <br />Hail County, Nebraska, lying North of the Interstate <br />Highway and more particularly described as follows: <br />Beginning at the Northwest corner of said west Half <br />(Wh); thence running :East along the North line of said, <br />a distance of Two Thousand Six Hundred Forty-One <br />and Six Tenths (2,641.6) feet to the Northeast corner <br />of said Wlkj; thence running South along the East line <br />of said Wk a distance of Three Thousand One Hundeed <br />Sixty -Eight and Four Tenths (3,168.4) feet to a point <br />on the Northerly right -of -way line of the Interstate <br />Highway; thence running Southwesterly along said <br />right -of -way line a distance of Two Thousand Eight <br />Hundred Nineteen and Six Tenths (2,819.6) feet to a <br />point on the West line of said Wl�; thence running <br />North along the West line of said W� a distance of <br />Pour Thousand One Hundred .Twenty -Two and Seven <br />Hundredths (4,122.07) feet to the point of beginning <br />and containing 221.36 acres, more or less, subject to <br />the unpaid balance of a Real estate Mortgage to <br />Prudential Insurance Company of America in the <br />original amount of $200,000.00, recorded March 12, <br />1979 as Document No. 79- 001344 in the Register of <br />Deeds office of Hall County, Nebraska. <br />the intention being to convey hereby an absolute title in <br />fee simple, including all rights of homestead and dower. <br />TO HAVE AND TO HOLD the above real properties, <br />with all appurtenances and improvements thereto belonging, <br />unto the said mortgagee and its successors and assigns <br />forever, provided always, and these presents are upon the <br />express condition that if the said mortgagors, their heirs, <br />devisees, personal representatives or assigns shall pay or <br />cause to be paid to the said mortgagee, its successors or <br />assigns, the principal sum of $161,000.00, payable with <br />interest according to the tenor and effect of the <br />mortgagors' written Promissory Note bearing even date with <br />these presents, and shall pay all taxes and assessments <br />