|
N
<br />85- 008833
<br />recorded as Document No. 79- 003316 in the Register of
<br />Deeds Office in Hail County, Nebraska;
<br />The Southwest Quarter (SW;I) of Section 'twelve (12), in
<br />Township Twelve (12) North, Range Ten (10) West of the
<br />6th P.M., Hall County, Nebraska, excepting therefrom a
<br />tract of land more particularly described in Document
<br />X76- 005969 recorded in the Register of Deeds Office in
<br />Hall County, Nebraska;
<br />The North Half of the Northwest Quarter (N;�NWk) of Sec-
<br />tion Thirteen (13), in Township Twelve (12) North, Range
<br />Ten (10) West of the 6th P.M., Hall County, Nebraska,
<br />subject to the unpaid balance of prior Mortgage in favor
<br />of William F. Meier and filed March B, 1973 in Book 160,
<br />page 431 in the office of the Register of Deeds of Hall
<br />County, Nebraska, and prior Mortgage in favor of Federal
<br />Land Bank of Omaha and filed April 20, 19B2 in the office
<br />of the Register of Deeds of Hall County, Nebraska as
<br />Document No. 82- 001521,
<br />together with all rights, interests, casements, bereditaments and appurtenances thereunto belonging, the rents, issues, and
<br />property now or later attached thereto or
<br />profits thereof and revenues and income therefrom, all improvements and personal
<br />reasonably necessary to the use thereof, including, but not limited to, ranges, refrigerators, clothes washers, clothes drye
<br />funds, water rights, and water stock pertaining
<br />or c�pettng purchased or financed ui whole or in part with loan all water,
<br />to Borrower by virtue of any sale, leave. transfer. convecance, or condemnation
<br />thereto, and all pa nts at any time owing
<br />of any part thereo or interest therein all of which are herein called "the property ";
<br />7
<br />TO HAVE AND TO HOLD the property unto the Government and its assigns forever in fee simple.
<br />BORROWER for Borrower's self, Borrower's heirs, executors, administrators, successors and assigns WARF.ANTS THE
<br />inst lawful claims and demands whatsoever except any liens, encumbrances,
<br />TITLE to the property to the Government ag all
<br />or conveyances specified hereinabove, and COVENANTS AND AGREES as follows:
<br />easements, reservations,
<br />f l To pay promptly when due any indebtedness to the Government hereby secured and to indemnify and save harm-
<br />loss its insurance of payment of the note by reason of any default by Borrower. At all
<br />the GoveuaeriY against under Government,
<br />L as n on the note to :ht
<br />tithes when the note is held by an insured holder. Borrower shall continue to make payments
<br />as collection agent for the holder.
<br />2} To pay to the Government such fees and other charges as may now or hereafter be required by reGulations of the
<br />Farmers Home Administration
<br />(3) If required by the Government, to make additional monthly payments of 1;12 of the estimated annual taxes.
<br />assessments, insurance premiums and other charges upon the mortgaged premises.
<br />(4) Whether or not the note is insured by the Government, the Government may at any time pal, any other amounts
<br />for the -
<br />required herein to be paid by Borrower and not paid by Borrower when due, as well as any costs and expenses pre
<br />of this lien, as advances for the account of Borrower. All such advances shall bear
<br />savation, protection, or enforcement
<br />interest at the rate borne by the note which has the highest interest rate.
<br />described in this instrument, with interest, shall be immediately due and pay
<br />(5) All advances by the Government as
<br />able by Borrower to the Government without demand at the place designated in the latest note and shall be secured hereby.
<br />to Such advances,
<br />No stach advance by the Government shall relieve Borrower from breach of Borrower's covenant pay.
<br />with neat, shall be repaid from the first available collections received from Borrower, Otherwise, "Ji t by
<br />Borrower may be appiud on the note or any indebtedness to the Government secured hereby in aayr�rnrnent
<br />derarmines.
<br />L J
<br />
|