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<br />Nebraska
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<br />if If S2_A-'U!Al.l!aTATEMORTGA'GE-(WithT.utClauoe)Rev, 78 Hufhnaft aAd Fetml&iWOlf,Wallllll,H&684$l
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<br />II I' KNOW ALL MEN'. BY THESE. PRESENTS: nat
<br />BrEld:thaulW, Husband and Wif'e,
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<br />il .... of . . Hall . . . County; and. state of
<br />11 I. Three Hundred. Thousand and No/IOO
<br />11 1.i1rbll!ld:1>8kI;dohereby SlOLL.aud CONVEYwrto
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<br />If t of Hall County, State of
<br />I! I in HaU County, aud.State of
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<br />Vernon D. Bredthauer
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<br />Nebraska
<br />$:300,000.00)
<br />Bank of' Doniphan,
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<br />North East Quarter (NEt) of' Section 36, Range 10, Township 12,
<br />Hall County, Nebraska.
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<br />The intention oomg to con""Y hereby an aboolute title in fee si mple, including all the rights of hom....tead llIId dower;
<br />TO HAVE AND TO HOLD the premises above described, with all the appurtenances th_to ~, unto the said
<br />"","-(a) llIId to his,. her or their heirs llIId assign> forever, providM always, llIId these preaenta are upon. the express
<br />condition that if the said mortg_(s), his. her 0' their hei.... executors, administrators or assigns oball payor C8uoe to be
<br />paid to the said mortgagee(s), his; her or their heirs, executors.. administrators or assigns, the principal sum of $ 300,000
<br />payableasfollo-.towit: Note payable $10,000 each year plus interest@ 13.75%
<br />starting March 1, 1984, and balance due March 1, 1988.
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<br />i wUh interest ~ to the tenor llIId effect of the mortgqors written promiollory note bearing even date with th_ p..-nta
<br />. and sball pay all taxes...... ,_nb levied upon said real estate, and all other tans.leries and _ta levied upon this
<br />: ~e or the note 'which this mortelll!e is given to """ure, bel..... too same becomes delinquent, and keep the buildings on
<br />1 said premises insured for the sum of $ , lOllS, if any. payable to the said mortc_ then th_ preeeftl8
<br />to 00 void. otherwise to 00 llIId ",main in full fo~.
<br />IT IS FURTHER AGREED (l) That if the said mortga<<or shall fail to pay such tax.... or procure such insurance, the
<br />.j said mortpcee may pay ouch taxes llIId procure such m.urance; and tbe sum so advanced. with interest .\ 16 per
<br />'i i oenI. aha11 00 repaid by said mnrtcaJor. llIId t/W; mortpce sball stand as security for the same, (2) TIutt a failure to pay an,y
<br />of said _, either principal or inter_, when the ....... becomes due. or .. failure to oompiy with any of the forecoinc
<br />............... ahalI ...- the whole sum of money herem secured to become dU~~~"" t r? at the option of the
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<br />STATE OF "", NliIP.nwkA.""" " ".Countyof
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<br />The f~inatrument W8ll acknowledged before me """, , Mar.ch, '4..,."""'."""" ,19 8l,
<br />by ..Vtu'non..D....Rre.dthauer and Patricia A. Bredthauer.
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