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<br />MORTGAGE
<br />This Mortgage is entered into between ~,~ G ,A• +,,
<br />(herein Mortgagor}
<br />dnd S ,art Mi Ptt, end ('arol„ Mieth husband, and wife
<br />(herein Mortgagee}.
<br />Mortgagor is indebted to Mortgagee in the principal sum of $ 5,000.00 ,
<br />evidenced by Mortgagors' note dated February ~ 1983 __(herein Note)
<br />providing for payments of principal and interest, with the balance of the
<br />indebtedness, if not sooner paid, due and payable on demand
<br />To secure the payment of the Note, with interest as provided therein, the
<br />payment of all other sums, with interest advanced by Mortgagee to protect the
<br />security of this Mortgage, and the perforniance of the covenants and agreements
<br />of the Mortgagor contained herein, Mortgagor does hereby mortgage and convey to
<br />Mortgagee the following property located in Hall County, Nebraska.
<br />A tract oP land comprising a part of the Southwest Quartex• of the Northwest
<br />Quarter (SW3GN4A~) and part of the Northwest Quarter of the Southwest Quarter
<br />(NW~SW;y) oP Section Four (4) Township Eleven {li) North, Range Twelve (12),
<br />West oP the 6th P.hl., in Hall County, Nebraska, more particularly described
<br />as follows: Beginning at the Southwest corner of said Northwest Quarter (NW}G)>
<br />thence northerly along the west line of said Section Four (~:) a distance o£
<br />486.37 feet; thence deflecting right 880 30' 17" and running easterly a distance
<br />or 737.33 feet; thence deflecting right ?Q3° 57' 23" and running southwesterly
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<br />and running
<br />a distance of 655.82 feet; thence deflecting right 'So 37' 23
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<br />vesterly a Distance of 795-~"r' feet, to the west lire of said Sectien Four (4};
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<br />thence northerly slorg the west line of said Sectier. FOllr (4) a dista~e of
<br />154.73 feet to the place of beginning. =\ ~~ ~^' _ ~,
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<br />Together with all buildings, improvements, fixtures, streets, alleys, passageways,-
<br />easements, rights, privileges and appurtenances located thereon or in anywise pertain ing ~.
<br />thereto, and the rents, issues and profits, reversions and remainders thereof, all of
<br />which, including replacements and additions thereto, is hereby declared to be a part
<br />of the real estate secured by the lien of this Mortgage and all of the foregoing bein g
<br />referred to herein as the "Property".
<br />Mortgagor further convenants and agrees with Mortgagee, as follows:
<br />1. Payment. To pay the indebtedness and the interest thereon as provided in
<br />this Mortgage and the Note.
<br />2. Mortgagor is the owner of the Property, has the right and authority to mortgage
<br />the Property, and warrants that the lien created hereby is a first and prior lien an
<br />the Pro~rty.
<br />3. To pay when due all taxes, special assessments and all other charges against
<br />the Property and, upon written demand by Mortgagee, to add to the payment required
<br />under the Note secured hereby, such amount as may be sufficient to enable the Mortgagee
<br />t4 pay such taxes, assessments or ether charges•as they become due.
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