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`15- 00590'.
<br />MORTGAGE
<br />Piz xinbenture, Made and Executed
<br />this .2..5th ...........................day of t2TbtE ..... .A. D..-1985.............__ ..................
<br />Electric Company and bq4wm .. . . . ....... ....,... ... .. . .. . ................ ........... ............................ I ...................
<br />I ............ i� W� i-i,: --- . ..... *** --*-'-* -- .......... .................................. I .... . ........ party of the first part,
<br />and..........._ a National Bank, 17th & Farnam, Omaha, NE 68102
<br />.............. I ......... . .................................................................................................
<br />........ . . . . .... .............. ............ . ................................................................................................... I ........................ . ................ . . ......... .. . . .. party of the second part.
<br />WtTNESSETH, that the said party of the first part, for and in consideration of One hundred twenty eight thousand
<br />Six hundred thirteen and 13/100---------- - - - - -- ($128,61...13) .................. .......... ..
<br />........... I receipt whereof Is hereby ......... .... ................................. DOLLARS, paid by said party of the
<br />i--ilw gained, sold and conveyed, sad by then promote, do" grant, bar.
<br />second .
<br />!:idnbeels and ectivey, unto said party of the second part, the following described real property situate in the County of
<br />Mate of Nebraska, to-wit:
<br />Lots Fourteen (14) and Fifteen 5), Mehring and Giesenhaqen Second Subdivision, A Replat of Lot Two
<br />Metering .V11- .............. ......................... . ............................. . .................... .................... . ........ . .. . ..
<br />and Giesenhagen Subdivision, Hall County, Nebraska, Excepting therefrom a Tract of Ground
<br />T�W-ln-- --- .... --*— * * * .......... .. . ............. - ........ . ..
<br />More Particularly desert the Deed recorded at Book 156, Page 400 of the Deed Records of Hall
<br />u n7F;. , Nebraska
<br />..................... .... .......................... 11 ...................... . ......................
<br />together with all the tenements, hereditament@ and a . ..... . .. —
<br />prurtenances to the same belong[nK, and all the estate, title, dower right of homestead,
<br />claim sad demands whatsoever or the said party or the first part of, in or to said premises or any part, thereof; and said party of the first
<br />put does hereby covenant, that said party of the first part is lawfully seized of said promises, that said premises are free from incumbrabee
<br />. . .. .................. ....... .......................................................................................................... and that said Party of the first part will
<br />warrant sad defend the title to said premises against the lawful claims and demands of all persons whomsoever ......_...._ .... .............. .
<br />PROVIDED ALWAYS, and these presents are upon them conditions:
<br />WREREAS, mid party of the first Part has executed and delivered to the said party of the eaccond part.._.._ ..... .. ....... ... ........... .........
<br />and ..all .Mqi.flcations, renewals or extensions thereof
<br />.. ...................... ............... . .... . ... ... .................. .......................
<br />................................................................................................. ........... . ......................................... ... ................... .. . ..... ................. .....
<br />. ... .........................
<br />;W"i buildings, if p-iny-1011r- e-0-w—p-4- mms
<br />approved by said party of the second part, for the sum not less than
<br />deliver to"i party rif the secon part the policy or policies containing a clause ..... _......................... ......._......__......_DOLLARS, said party of the second put
<br />, if
<br />agreed to pay all taxes slid assessments against said premises before the same, bT law, become delinquent, and has altrwi
<br />or assigns. and boa a two with the low payable to
<br />that If said party of, the first part does not provide such Insurance, Of falls to Pay ail taxes as aforesaid, then said party of the second part, or
<br />holder hereof, MR4 pay such insurance and taxes, or either of them, and all amounts so paid by Said party of the second part shall bear in-
<br />terest at the at. nine Per cent per annum from the date of payment, and this mortgage shall stand as security therefor, and said am
<br />be added to the amount of the mortgage debt, and the same recovered so a part thereof. Now, if the said party of the first part abaln, w-a-rl
<br />and truIv nav of cause to be Paid the said sum or monev in said note mentioned, with interest thereon according to the tenor and effect
<br />of mid note and shall keep said buildings insured as aforesaid, and shall keep all taxes and Aftemmenta paid, and shall duly keep, and
<br />perform all the other covenants and &;reements herein contained. then these presents to be null and void. But it said ran Of money or may
<br />part thereof, or any interest thereon, in not paid when the same is due. or if said buildings *bell not be kept Insured me aforesaid, or it the
<br />tam and smemments against said premises are not paid at or before the time the same become by law delinquent, or if paid cty of the
<br />first part shall fall to keep and perform any covenants herein contained, the holder hereof shall have the option to declare thaw, 601mid
<br />indebtedness due and payable at any time after each failure or default, and May maintain su action at law or equity to recover the same,
<br />d the commencement 61 such action shall be the only notice of the exercise of said option required.
<br />AND IT 18 FURTHER PROVIDED AND AGREED, That the said Mortgagor shall and will pay all tam levied upea thin mort.
<br />=or the debt secured therehIj together with any other tam or - , -cuts which may be levied under the Laws of Nebraska. "&lost the
<br />114artit" or the legal he or OF the said principal note on account of this indebtedness.
<br />31t Zestimon? vbtrtof . .. . .......... 1 ................... . hersumato "t at -- — ----- — ---------- head the date above written.
<br />IN PMSNCZ OF Van's El7ectric Company
<br />------------ 7 .. . . . ... ......... . .............. ............. ---- ------ —
<br />. . ..................... .... . .......... . .......... . . . . .. .... .......................................... ... tprv-yrf n* V-- _!-- - - ----- - - ...... . ....... .....
<br />STATE OF NEBRASKA,
<br />November 198q
<br />County of—L! ..... ...... on this ............................. .................................. day of...... ....................._......... ............ ...A. D.
<br />before me, a Notary Public In and for the said County personally came the above ,mmd._--
<br />. ................. .......... Glen I, a n o s,ja 11
<br />.. .............. . .. . ... .................. . .... ................. I ........... ........... : ............... ... . ..............
<br />..................... . ....... ... . . ... .. .. .... ........... ..... . ...... wbw 1.1 ... . ............ perimmally known to me
<br />to be the Identical person whom hems.._.._......_......... .1111zed to the above lutruma"t
<br />as grantor fad.._.._._..... .. .. .. hk set md deed. --acknowlOdgedmidinstrummat lobe voluntary
<br />WITNESS my hand s*d Notarial 8@41 the date lost aforesaid
<br />61111PAI 010tARY -fislow mob 6. Notary Public.
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<br />FORM Ad
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