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83-0011U8 REAL PROPERTY MORTGAGE Kenneth L. Scheel and Sandra M. Scheel, husband and wife, herein called the mortgagor whether one or more, in consideration of ONE HUNDRED FOUR THOUSAND TWO HUNDRED TWENTY- ONE AND NO/lOO----------------~-- ($ 104.221.00 ) paid by Mortgagor, the receipt of which is hereby acknow- ledged, and as security for future advances that may be made from time to time up to $170,000,00 as consideration for this mortgage, does mortgage to The First National Bank of Grand Island, Grand Island, Nebraska: The Northeast Quarter of the Northwest Quarter (NEtNWi) of Section Fifteen (15) in Township Ten (10) North, Range Ten (10), West of the Sixth P.M., Hall County, Nebraska; The West Half of the Southeast Quarter (WiSEt) of Section Seventeen (17), Township Ten (10) North, Range Ten (10), West of the Sixth P,M., Hall County, Nebraska; The Northeast Quarter of tr.e North- east Quarter (NEtNEt) of Section Twenty (20), in Town- ship Ten (10) North, Range Ten (10) West of the Sixth P.M" Hall County, Nebraska; AND the South Half of the Northwest Quarter (S~NWt) of Section Fifteen (15), Township Ten (10) North, Range Ten (10) West of the Sixth P.M~, Hall County, Nebraska. And the mortgagor' does her-eby convenant \~ith the mortgagee and with mortgagee's heirs and assigns that mortgagor is lawfully seised of said premises, that they are free from encumbrance, that mortgagor has good right and lawful authorlty to convey the same, and that mortgagor warrants and will defend the title to said premises against the lawful ~laims of all persons whomsoever, ;'111.S moctgage is qlven LO secuce the payment of the,promissory note of this date made by mortgagor and this mortgage is also glven as security to mortgagee for all indebtedness that may in the future incurred by mortgagor to mortgagee, and such future indebtedness shall bear interest from date of accural at the rate as provided in the note executed on that date and secured by this mortgage, and shall be payable to mortgagee at the same place designated in the note, All such future indebtedness shall be deemed a part of the lndebtedness secured by thlS mortgage, and shall be recoverable as such, Mortgagor shall pay all taxes and assessments levied upon said real pl'operty and all other taxes levied on this mortgage or the note which this mortgage is given to secure before the same become delinquent and shall maintain fire, \'iindstorm and extended coverage insurance with a mortgage clause on the buildings on said premises in such sums as they are lnsured as of the date of this mortgage, If mortgagor fails to pay such taxes and assess- ments or procul'e such insurance, mortgagee may pay such taxes and purchase such insurance and the amount so advanced wi lh inter'est d't four-Leen percenL per annum ~hdll be secuced by this mortgage. In case of default in the payment of the principal sum or any installment thereof or of any int:erest thereon when the same shall become due or in case of the non~payment of any taxes or assessments or of t.he fai lure to malnt,ain