<br />
<br />, Mortgagors,
<br />
<br />
<br />REAL ESTATE MORTGAGE
<br />
<br />fORM FlB 20B (Rev. I 77
<br />
<br />Date
<br />
<br />February 28, 1983
<br />
<br />~Delbert G. S'tuevetl and Julie A, Stueven, husband and wife
<br />
<br />at Halt county, Nebraska In consideratIon at
<br />tte -_advance. ot the- prlnclpal sum recited in the note herelo.after (~esC'rlbed. recelpt of Which Is aCknowledged,. here.by
<br />mOt't&a8eand convey to
<br />
<br />THE FEDERAL LAND BANK OF OMAHA, a Corporation,
<br />of Omaha, Douglas County, Nebraska, whose address
<br />is Farm Credit Building, Omaha, Nebraska 6BIOO,
<br />
<br />Mortgagee .- {subject to 011, gas. and m.Ineral rights owned bY parties other than Mortgagors: existing easement:s. of
<br />record; -:reserva.tions In United Stat,es and State patents; and the rights ot the public in all h1ghways). the followlng-
<br />
<br />descrIbed real eState in
<br />
<br />Hall
<br />
<br />CO;jt~ty .
<br />
<br />Nebraska
<br />
<br />SEC. TWP. RG,
<br />
<br />SW~ (except the North 1,374 feet of the West 330 feetjand
<br />except 1.57 acres deeded to the State o~~f N~raska as . recorded
<br />in Book 125 at Page 581) - - - - - - - - - - 6
<br />
<br />12N 11 W6th P.M.
<br />
<br />NW\ (except 2.02 acres deeded to the State of Nebraska as
<br />recorded in Book 125 at Page 245; and except a parcel of
<br />land described as follows: Commencing at the SW corner
<br />of said~, thence north along the west line of said
<br />NW% a distance of 836.73 feet, thence east 60 feet to a
<br />point on the east right-of-way line of existing state
<br />highway, and the point of beginning. Thence continuing
<br />east 376.40 feet, thence north parallel to the west line of
<br />said NW~ 390 feet, thence west 376.4 feet to a point on
<br />the east right-of-way line of said highway, said point
<br />being 60 feet east of the west line of said NW~, thence
<br />south along said right-of-way line 390 feet to the
<br />point of beginning and containing 3.37 acres, more or
<br />less) in - - - - - - - - - - - - - - - - - - - - - - - - - - - 18
<br />288.51
<br />
<br />
<br />12N
<br />
<br />11
<br />
<br />W 6th P.M,
<br />
<br />Th1-s-murt-gage 18 given to secur.e a pror.!lsso't"':J rior.e ~j[ ~:Ven ;J::tte hB~'ewlth. executed by Mortgagors t.o Mortgageey in
<br />
<br />the princIpal StUU of TWO HUNDRED TIlIRTY-EIGHT THOUSAND FOUR HUNDRED AND NO/lOa - - - DOLLARS.
<br />p&,yable wlth interest flce-ortHng to the t.€iI,'tlS ('<!' S~ll(l !l'Jt"? '-~"" n~]-:il ;,ayment b~lng due and payable on the- first day
<br />
<br />or March, 2008 TI::1f, t'on\,.;~'y;m:~~ :...:11::\11 ~,e vold upon t.hf> payment of said promissory note.
<br />
<br />Thls mortgage Is subject to t.h~ provIsions o! 'THB FAR.~ CREDIT AC"T .,-~nd all !ices amendator,Y thereQf Qr supplemental
<br />th&J"eto. !he proceeds ot the loan secur~ hereby wUl be ~lSp-d tor the purposes specified In the Mortgagorsl appl1-
<br />oatton tor saId loan and authOrized by saia Act"
<br />
<br />ml ,~}~:r~~e fi~l:a~~sih:ii ~~~!~~~=s~~~~rt.h~d~iart~ai'ire;rSop~frt~f}elSmorrte~agi~~e:tl P~rig:;l~c~~ ;~:~
<br />
<br />theY, w111 keep all tbt improvements, r1x:tur-es. and Qppurtenac"3t'e-s Qt..~euP1ed and In good repaIr and permit no acts of
<br />waste.; .and,they wH1 rel1nqulsh all rIghts of home.ste,'ld In sald premises. andco\'enant ~d agree wHh t.he Mortgagee.
<br />as t"UOftS~:
<br />
<br />{1} Tl'lat ottley wIll pay When due all taxes. liens. judgment.s, or- asset3srnents whlch may be lawtull~,. assessed agaInst
<br />the lU'!lllerty hereIn mortl!llll"il.
<br />
<br />on T!;l8t- th_ey wlll lnsure- and keep lnsuped buildIngs or-- ether improvements now en or which may hereafter be placed
<br />~n saHI 'rrtmla:6S to_ the satlstact.lQu of th", .I"ortg.agee. s;JC111nsurance polley Shall be endorsed w1 th a mortgage clause
<br />with: tij1!-_-:-l~ tnttre-unt1tl1" to -be- p-ayable tQ t_ne MOrt.gage-e. AUj" StL.'1'IS r€ceifJed may be used to pay for reconstruction
<br />of---th8 destroyed l~vement$; or~ H not su applted. ma.;- ~ s.t th-e option of the MortKage-e, be applle-d 1n payment. Of
<br />an,y'lndeb_te4n$u. me.ture4 or ~ture-Q~ secured. by this :)':Jftgage.
<br />
<br />19:) 1Q_,~-_all-~,t.-a-~_re6,s. -or Charges OOfi due or to bec-om~ ::lU~ under the terms of each lease. permit. l1cense~ or
<br />prJ-'Vl1."se':-;~lLt" :PUb'11e,-dotlaLn WhiCh 1s a,;Jpurtena.nt or ntmappurtena..'it to rue mortgl'..ged pr~mls-t'!s. whi.Ch has been
<br />1 _ " __ -t,or_ ~d_ by tbiJ tlnltEH! StaLes- or the state in WhiCh the above-descrIbed property 1s located: and
<br />to', ~--8J)4 ooserv-e-'tlW;ry &C:t~_ cuvenant~ contlHloo~ frn:G st!pulat1on necessary to' keep each of the SlU!)e ln )T,ot,'ld
<br />~:,--t9_ t__8,:e-very.ntt.~SSAI')' $t@ to secure the re-ls':Hl-e. renewal. or extenslon of each ot the game; and to
<br />_ve--~_.pl~1- -or -endOf'S-a, to the- Hartgagee ea~!l l~ase~ permit. lIcense, or pr-1\-'U~ge if Mortgagors I rIghts
<br />dQfIa1a are: requ!n4 ~y Mortgagee, tor' ~ecurl ty :r'urr"')-B:€S.
<br />
<br />~ H_ent._ t,~. ttort~e 1S.3 J)aT'ty t.o- t'.ny lltlgatHm tltrecttp,g th~ sec-urlty or th-o l1en Gt it.s mort-
<br />
<br />f~ l~"';Ug r~~~~~~hl~s ~r~~~ o~r l~%,S1Jl~tcl:d;::ic~o~J:nu~~~~:a~\~dm~~H~:~P~:
<br />~ lneut"" etpt1~'~Hl- .an41 _5~vanc~ p-ay:m~nt fOI' ,ibsl,r'"tl-ct fefill, "\tt.<)rney rees (i-~XCttpt to th~
<br />e'Ost-$i_ $_~~e$-. and t'the!' c-rtt\r'g~~.
<br />
<br />the- ~~, fall t~).P$Y ~1l \1WI,8..,\'I t,~s.. Hens. .iu-dgM!~t.S, Dr- l\s$~$~m&nt.s, or' f:qll to
<br />,U_-~~lnH-fo:re ~vlded, o)-f' tft-l1 to .D~y r~~ts-~ t@~ti;. or r.-l':HU'Pi~1X un"th~!' rhit terms j~f any It'i6a:e,
<br />_~h'U:-e-p:,,; ~r:'- ~tt_~~ 1,s ~ulrttiJ fA} 1n~Uf' ~XP9n.~6;3 _tfJ't' ~bstract letts, ,5.tt~1r'n~y ft~e$~ l~{)€i-U~,
<br />
<br />~~ t~ ii~~:t~~i\~~~~~~l~~'~:~,,? t~:t: ,j~;!'~~h~f~t~:';htt~:~;:~1;\~lt;C~~~;11 f;~~:;\;~~t~~~.;
<br />$U4 "Uo ~ 1Jl-tft~$t,. trm tlle flatlt ,nr'p-sy,tl~t Ji.t U'H:1' 2iV'R~, r'f~'tfJ ftS_ N''0\lhhh1 for ,1etaoJt
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