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<br />I
<br />
<br />SECOND REAL ESTATE MORTGAGE
<br />
<br />83- Ou12s,7
<br />
<br />KNOW ALL MEN BY THESE PRESENTS: That LEROY G. BUDD and CONSTANCE
<br />L. BUDD, husband and wife, of ~~J _~o~~, State of Nebraska, in
<br />consideration of the sum of $ ~~~ in hand paid, do
<br />hereby SELL and CONVEY unto BANK OF WOOD RIVER, WOOD RIVER,
<br />NEBRASKA, the fOllowing-described premises situated in Hall
<br />County, Nebraska:
<br />
<br />The Southwest Quarter of the Northwest Quarter (SW~NW~)
<br />section Six (6), Township Ten (10) North, Range Eleven
<br />(11), West of the Sixth P.M., Hall County, Nebraska, and
<br />
<br />North Half of the Southeast Quarter (N~SE~) of Section
<br />One (1), Township Ten (10) North, Range Twelve (12),
<br />>lest of the 6th P.M., Hall County, Nebraska.
<br />
<br />This mortgage is subject to the unpaid balance of a mortgage in
<br />favor of The Equitable Life Assurance Society of the United States.
<br />
<br />The intention being to convey hereby an absolute title in fee
<br />simple, including all the rights of homestead and dower.
<br />
<br />TO HAVE AND TO HOLD the premises above described, with all the
<br />ap~urtenances thereunto belonging, unto the said mortgagee and
<br />to his, her or their heirs and assigns forever, provided always,
<br />and these presents are upon the express condition that if the
<br />said mortg~gor, his, her' or their heirs, executors, administrators
<br />or assigns shall payor cause to be paid to the said mortgagee,
<br />his, her or their heirs, executo~ administrators or assigns,
<br />the principal sum of $ ~~~. , payable as follows, to-wit:
<br />
<br />.J.?4't'2r......-.......
<br />
<br />"c:t "11'1.1..
<br />
<br />with interest according to the tenor and effect of the mortgagors
<br />written promissory not.e beariny even ..:late with these presents and
<br />shall ~ay all taxes and assessments levied upon said real estate,
<br />and all other taxes, levies and assessments levied upon this mort-
<br />gage or the note which this mortgage is given to secure, before
<br />the same becomes delinquent, and ke~ the buildings on said premises
<br />insured for the sum of $ /'~ .-.... , loss, if any, payable to
<br />the said mortgagee, then these presents to be void, otherwise to
<br />be and remain in full force.
<br />
<br />IT IS FURTHER AGREED (1) That if the said mortgagor shall fail to
<br />pay such taxes or procure such insurance, the said mortgagee may pay
<br />such taxes and erocure such insurance; and the sum so advanced, with
<br />interest at-~ percent, shall be repaid by said mortgagor, and
<br />this mortgage shall stand as security for the same. (2) That a
<br />failure to pay any of said money, either principal or interest,
<br />when the same becomes due, or a failure to comply with any of the
<br />foregoing agreements, shall cause the whole sum of money herein
<br />secured to become due and payable.
<br />
<br />SIGNED this //~ day of March
<br />
<br />, 1983.
<br />..">
<br />
<br />, 1<.,'. .,
<br />-i... '7 /;_... ~ --~ /" ;-'-.---...............'----'
<br />LEROY G'. BUDD' . c !
<br />
<br />r/I~:."'i -' ..,../..- i /i_. Cc . -.... 1=2 i.-.-'-. -< ',--<"l
<br />CONSTANCE L. BunD
<br />STATE OF NEBRASKA ) ...,
<br />) ss.
<br />COUNTY OF HALL )
<br />
<br />On this ~ay of I1arch, 1983, before me, the undersigned,
<br />a Notary Publ~c duly commissioned and qualified for said county,
<br />pers.onally came Leroy G. Budd and Constance L. Budd, husband and
<br />wife, to me known to be the identical oersons whose names are
<br />affixed to the foregoing instrument and acknowledged the execut.ion
<br />thereof to be their voluntary act and deed.
<br />WX' WITNESS my ha~~_~d notarid,l:z2seal. t'. ' ay and year last above
<br />
<br />-:.::-;;:; =;~~l ..c....-. 'Alky-
<br />""~""!'~~~J . NotMY 'j~bTr(:'--'--- ,..:::"
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