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<br />oa-limme 005794
<br />MORTGAGE
<br />PizJubenture, made and Executed tki.,...-,!ath ......... . day Of NQ-V=lbQr ...... ......... A. D.12-85
<br />byeadbt,,,_
<br />Kenneth Otto and Donna Otto, husband and wife,
<br />. ............ ................. . ....... . . ............ . .... . . .. Patty of the Ant part,
<br />Nebraska 68801
<br />.................. . .... ......
<br />. .. ........... . . .... .............. . ............... . ........ . ..... . .. . ............................ .... ................ of the second put.
<br />WITNEMETH, that the said Party of the first part, for sod in consideration of
<br />....-hun,dred-P Ighty =
<br />second part, the receipt whereof is hereby acknowledged, has U_� 5M-) ............. DOLLARS, paid by said party of the
<br />grzci�a. bargained, sold and conveyed, and by the" promote, does grant, bar.
<br />gain, unto said party of the second part, the following described real property situate in the County of
<br />and .1 = 6, to-wit.
<br />Lot Four�� and the North Ten(10) Feet of Lot Three',3), in Geer Subdivision,
<br />..... ....... ......... . .......... . .................. I ..................... ........... ....................... . I ........... . . .
<br />a part of the Northeast Quarter (NF4) of Section Nine (9) , Township Eleven
<br />- - ------------ .. .... .......... ...... - .... .... .1 . ... " .-, .. I ....-.- ..-.- ..-. -.-..-- ...- .- - .-.--. ----------- . . . -.-..-.--. ---.---.-..---. -- --- * - -- - -
<br />91 -Kez.t Q.f A ..G and ...Island, Hall County. Nebraska
<br />. . . . .. . . . .............. . ............... . ...................................... .......................... ... .. ....... ....... ........ - ------- - -
<br />.. ................ ..... ....... . . .....
<br />111, "8111 be IeZt- rtenances to the same belonging, and all the estate, title
<br />eiaisc
<br />and :Zhersditsmentim and
<br />of the said party of the first part of, in or to said dower right of homestead,
<br />of me. premu�eo or any part, thereof; and said party of the first
<br />port dam lereby covenant, that sold party of the fire - t part is lawfully wired id premiums, that said premises are firm from mcumbrame
<br />Suhiprt, fn
<br />�1-_ that said party of the first put will
<br />wwfmt sad d$tnd the title to said prensism against tb4 lawful claims and demands of all perennial wbOmmevmy,. . .... .......
<br />. ...................... . ....... . ............. . ..... . ................ .... ............... ....... .... -...-.. . .......... .
<br />PROVIDED ALWAYS, and the" proamto are upon the" conditions:
<br />WEn=A8, said party of the first part has executed and delivered to the said party or the nomad part_..__...- ... . . ....... ......... .
<br />Preliminary ...... modifications, renewals or extensions
<br />. . .. . .................. .......
<br />thereof . . . ......... ........... ....... ..... . ...... ....
<br />party d LM firer yart hsa Kreed to keep the boil
<br />¢fop, it soy, upon sand premises. insured in some . ... . ..... ................. .......... .. ..................... ...... . . . .. ................ --- .. ......
<br />... ............... ................. . . ...... . ......... .... .........
<br />.. .. ... . . .. . ..............
<br />........ . .......................... .... . ......... ............ ... ... . ........ .................. ... .. �A
<br />company or co,wpanie'6*
<br />approved by said party of the second part, for tile sum not leas Lb Fuur 'housand -------------
<br />or moinno. and has agreed ' ...... * " . k-, --"- .-DOLLARS,
<br />defivertaimmi party of the second part the policy or Policies containing a clause with the low payable to am petty at the second part
<br />to Pay all taxes And x9fe"Ments against avid premises before the same, by law, become delinquent. and has Rtrwi
<br />the f
<br />that it said party of t e first Part does not provide such insurance, or fails to pay all taxes at aforesaid, then laid party of the second t, of
<br />bolder herrof, rimv PAY arch insurance and taxes, or either of them, and all amounts so paid by said party Of the second part shall =
<br />in-
<br />terest at the rate 4 nine per cent per annum from the date of payment, and this mortgage shall stud as security therefor, and said own r in'
<br />be added to the amount of the mortgage debt, and the same recovered All a Part thereof. Now, if the said party of the first part liball M-21
<br />sod truly Pay or cam to be paid the said sun of money in said note... - - mentioned. with interest thereon according to the tenor and effect
<br />Of said DOW and shall keep said buildings insured " aforesaid, and shall keep all taxes and assessments paid, and aball duly keep. and
<br />PWOM all the ether covenants sad agreements herein contained, then theme presents to be null sad void. But it said sum of money of y
<br />Pact thereof, or any interest thereon, to not paid when the same is due, of if said buildings a
<br />11 not be kept insured as aforesaid or U the
<br />taxes and thwemmmto against said promises are not paid at or before the time the same heroine by law delmqumt, or if id
<br />Atilt Part shall fail to keep and Perform SOY covenants herein contained, the holder hereof shall have the Option to declare tv: =ycolft9i'do
<br />iddebtednime " and payable at SOY time After such failure or default, and may maintain an ac t equity to "Cover the mom
<br />and the tOwmsnftwmt of Mb action shall be the only notice of the exercise 01 said option requ2roend's law Or
<br />AND IT 18 FURTHER PROVIDED AND AGREED, That the said Mortgagor shall and will pay all team levied upon this sort-
<br />gaga
<br />orthedebill "cured thmoreb tilligolbeir with my other tam Or asimmmento which may be levied under the Laws at Ntbraws, egainst the
<br />Moct9saft or the legal CT9 Of the cold principal note........ an --Ou-t -1 this idbtd..
<br />nam the date above written.
<br />IM0 to
<br />IN PRESENCE OF
<br />................
<br />t�Teth Otto
<br />................. ... ...........
<br />........ . .. . ......... . . ..... . ........ ... .............. ............ ...
<br />... ... ... ...... .. ..
<br />STATIC OF NEBRASKA . . .. ... .....
<br />19th
<br />lam* On this ......... ........ . .. I
<br />c—ty cr---2 of .......... 0.
<br />before am, a Notary Public in and for the said County parmossily cam the above nomad.
<br />. ........ . ................
<br />.......... I— . .... ....... -------- .. .......... ..... .. ..........
<br />.... ... .. ........... ..... ..................... ...
<br />to be the identical pormiou,;jj. to 0*
<br />- whose aammm..� ... ...... ... Sgllvw to the above lowelossimaj
<br />9"mtor..a... fiad--L'1�4 acknowledged said instrument to be,..! h4 i iv
<br />me cluster?
<br />WPIA IL GLAU WITNF'" toy hand A Ill Notarial 801 the data last 21[otoomid,
<br />IS, Im
<br />4 and deed
<br />%
<br />My eamemisoice, &spite* on tb"L% Notftty iutilke
<br />"JOY of.
<br />A. 1)
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