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N <br />53•A —REA1. ESTATE MORTGAGE—With Tax Clause 8341110111111F � ®Q®.14e. 11 Huffman and felton d Wolf, Walton, Ne. 68461 <br />KNOt4 ALL MEN BY THESE, P12ESENTS: THAT Pollock Farms, A Partnership <br />(Mortgagor ) <br />of Hall County, and State of Nebraska in consideration of the sum of <br />Thirty - Six Thousand # ($36,000.00) DOLLARS <br />in hand paid, do hereby SELL and CONVEY unto <br />Chapman Co- operative Credit Union <br />(Mortgagee ) <br />of Merrick County, and State of Nebraska the following described premises <br />situated in Hall County, and State of Nebraska to -wit: <br />The Northwest Quarter (NW4) of Section Eleven (11), in Township Twelve(12), North, <br />Range Ten (10), West of the 6t11 P.M., in Hall County, Nebraska; except a part of <br />the Southwest Quarter of the Northwest a <br />Q Quarter (SlJ4NW4) of Section Eleven (11), <br />in Township Twelve 12), North, Range Ten (10), West of the 6th P.M., in flail County, <br />Nebraska, more particularly described as follows, to -wit: Commencing at the South- <br />west corner of said NW4; thence running North 190 feet; thence running East 344 <br />feet; thence running South 190 feet to the South line of said section; and thence <br />running West to the point_ of beginning, which was deeded to the Loup River Public <br />Power District on November 19, 1962, and was duly recorded in Book 140, of Deeds, <br />at Page 441, in the Office of the Register of Deeds, Hall County, Nebraska. <br />This is a corrective mortgage correcting the previous mortgage of April 2, 1984. <br />This mortgage recorded as document # 84-.)01777 by Hall Countv, Nebraska, Register <br />of Deeds at 11:02 A.M. April 5, 1984. <br />The intention being to conyev hereby an absolute title to fee simple including all the rights of homestead and dower. <br />TO HAVE AND TO HOLD the premises above described, <br />with all the appurtenances thereunto belonging unto the <br />saint mortgagee and to its heirs and assigns. forever, provided <br />always, and these presents are upon the express' <br />condition that if the aforesaid mortgagor their- heirs, executors. <br />administrators or assigns shall pay or cause to be <br />paid to the said mortgagee i L S heirs. executor,, administrators <br />or assigns, the sum of <br />Thirty - Six Thousand # ( $36,000.00) <br />Dollars. payable as follows' to-wit, <br />Twenty 'Thousand # ($20,000.00X)ollars on the 2nd <br />day 4 Apri 1 1985 <br />Eight- Thousand .E ($8,000.00) Dollar. ,m lit,- 2nd <br />d:av „f April 1986 <br />Eight - Thousand # ($8,000.00) Dutlars,,n Ih,= 11d <br />day of 1pril 1987 <br />D, liars mi ills' <br />day of 19 <br />Dollars on the <br />day of IG <br />with interest thereon at 13 per tent per annum, payable <br />annually all according to the tenor and effect of <br />a certain promissory note of satd mortgagors <br />'I hearing even date with these presents. and shall pay all taxes and assessments levied upon ,aid real estate, and all other taxes,; <br />levies and assessments levit,i upon this mortgage or the note which this mortgage is <br />given to secure, before the same becomes <br />i delimprent, and keep the buildings on said premises insured for the sum of S loss, if any, payable to <br />the said mortgagee-, then these presents lo he yoid, otherwise to be and remain in full force. <br />IT IS FURTHER AORFED (I i 'That if the said mortgagor shall fail to pay such taxes or procure such insurance, the <br />said mortgagee may pay such taxes and procure such insurance: and the sum so advanced, with interest at per cent <br />shall he paid by said rnurtt;aror, and this mortgage shall land as s(rurity for the same. (2) That a failure to pay any of said <br />money, either principal or mterest when the same trecumtm due, or a failure to comply with any of the foregoing agreements, <br />shall cause the whole sun: of monev herein secured to become due and collectible at once at the option of the mortgagee. <br />jSigned this 2cit If day of Octobe r 19 µ4 <br />In prasmceof ' . <br />' j . <br />I <br />TATF OE.. -- Nebraska County of Mf I r I c, k <br />Before me., a notary public qualified for said county. personally came <br />C•lmer E. Pollock and Earl If Pollock <br />y� p FF l'trtnet �t� of II'O]Jorkk f4 u7 is <br />lentaxvn 19.8i r rtbt rt`^t ;1e P FiHrsein or lie _om wFlo ntgnivi fI"V ftotef,oing lnstnunent and nckno�vledgevl the ,•xtz =ution <br />I lierefA to be hi%'hef 6r�t�ititA6 unitary act nr Feed. <br />w6ni my h d aiul'!in i F seaf un <br />Bari hatu0s; , • G'�L29 c:� I:1 p�di '....>`'i u"'� �, t '�- C- G,a.[_c -6i tit--. Not,ary Pobliv <br />STATE,, OF Friterod .m numrrwal index mid hleal for ret-M <br />County in file liot;lster „d 1Dc=evls Ofiiev of said Couniv the <br />day nt 111 at „'t h,*-k and olholtere A9.. <br />=I Mill] w, canted ,, Ite„.k „F at ,Age <br />Iirs; 'd fa "A. <br />i!v I loony <br />