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MORTGAGE
<br />This Mortgage is entered into between ~4azk ~_ stalk aid GFanda s.ee scelk
<br />(herein Martgagor~
<br />and' Ted F, Bz:u~t axad Susan G. Bps*_
<br />(herein Mortgagee?.
<br />Mortgagor is indebted to Mortgagee in fire principal sum of ~7,,SOt3.lno lt?
<br />evidenced by Piortgagors` Hate dated .3anuary ~, 1983 {herein Note)
<br />providing for payments of principal and interest, with the balance of the
<br />indebtedness, if not soarer paid, due and payable on .tiny ~, 1983
<br />Ta secure the payment of the Nate, with interest as provided therein, the
<br />payment of all' other sums, with interest advanced by Mortgagee to prated the.
<br />security of this Mortgage, and the performance of the covenants and agreements
<br />of the Mortgagor captained herein, Mortgagor does hereby mortgage and convey to
<br />Mortgagee the fallawing property located in _ Hall ~ Gounty, ~Jebraska.
<br />L,ot twFelve{ 12) , Block. oxse (1) , sothr~an Subdi~is ion, Ha 11 County, Grand Island * Ne .
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<br />Together with ail" buildings, impravements, fixtures, streets, alleys, passageways,
<br />easements, rights, privileges as~~f appurtenances located thereon ar in anywise pertaining
<br />thereto,. ancE the rents, issues and profits, reversions and remainders thereof, all of
<br />which, including replacements and additians thereto, is hereby declared to be a Hart
<br />of the real estate secured by the lien of this Mortgage and alI of the foregaing~being
<br />referred to herein as the "praperty°°.
<br />Mortgagor further canvenants and agrees With Mortgagee, as fellows:
<br />1, Pint. Ta pay the indebtedness and the interest. thereon as provided in
<br />this f~ertgage and the Note.
<br />2'. F^;~r~gagor is the owner of"the Property, has ~i-:e right and authority to mortgage
<br />he ?re~erty, and. warrants t~rat the. lien erea-te~~ h2±'•e[~y s a
<br />"~~.~~~° lien on
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<br />-~- i3 pay when due ail taxes.,,. special assessments and all ether charges agarnst
<br />the ~r~~per~y and,, upon written demand by Mortgagee, to add.. to the payment required.
<br />,~r~der ~i;e '~lcte secured hereby, suet amount as gay be cuff#ci`ent to enable the Mortgagee
<br />t~a pa;y~ s+~ch tu.,~es, assessments or other charges as they become due.
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