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Joseph D. Martin and Aim A. Martin, husband and 'w the Mort or whether one or more, in consideration of THOUSAND RNE HUNDRED FOTY-FOURI AND 87/100— paid by Mortgagor, the receipt ot wMen is nerevy aczUWWuA4qFW4, WW.1 -an security for futiure advances that may be made from time to tivm44� consideration for this mortgage, does mortgage to Norwist Bank lai Island, National Association, Grand Island, Nebraska: A strip of land in the Southwest Quarter of the Northeast ,Quarter and Lot Two (2) on Island, in Section Thirteen (13) Township Eleven (11) North, Range Nine (9) West of the 6th, P.M., running with parallel sides from South to North through said premises, Twenty-Six and One-Half Rods wide, bounded- as follows, to-wit: On the South side by the Half Section line running along the South Line of the said Southwest Quarter of the Northeast Quarter, on the West side by a line Twenty-Seven (27) Rods East of and parallel with the West Line of said Southwest Quarter of the Northeast Quarter and Lot Two (2) on the North side, By the North Channel of the Platte River, commonly called "Wood River", and on the East side by a line Twenty-Six and One-Half (20h) Rods said Southwest Quarter of the Northeast Quarter and subject to the right-of-way over a strip of land at the South end thereof, one Rod wide reserved by the said Edward Baasch, AND the West Twenty-Seven (27) Rods of the Southwest Quarter of the Northeast Quarter (SWhNEh) and the West Twenty-Seven (27) Rods of Lot Two (2) on Island, All being in Section Thirteen (13) in Township Eleven (11) North, of Range Nine (9) West of the Sixth (6th) Principal Meridian, in Hall County, Nebraska. And the mortgagor does hereby convenant with the mortgagee and with mortgagee's heirs and assigns that mortgagor is lawfully seised of said premises, that mortgagor has good right and lawful authority to convey the same, and that mortgagor warrants and will defend the title to said premises against the lawful claims of all persons whomsoever. Mortgagor shall pay all taxes and assessments levied upon said real property and all other taxes levied on this mortgage or the note which this mortgage is given to secure before the same become delinquent. If mortgagor fails to pay such taxes and assessments, mortgagee may pay such taxes and the amount so advanced with interest at fourteen percent par annum shall be secured by this mortgage. In case of default in the payment of the principal sum or any installment thereof or of any interest thereon when the same shall become due or Wcase of the non-payment of any taxes or assessments, mortgagee may at the option of mortgagee, without notice, at any time during the continuance of such default or breach, declare the whole debt secured by this mortgage to be immediately due and payable and may foreclose this mortgage.