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<br />I <br /> <br />MORTGAGE <br /> <br />Th; s Mortgage is entered into between <br />husband and wife <br /> <br />DOYLE L. HULME and VAY HULME, <br /> <br />(herein Mortgagor) <br /> <br />and THE STATE BANK OF CAIRO, A Nebraska Banking Corporation <br />(herein Mortgagee). <br />Mortgagor is indebted to Mortgagee in the principal sum of $ 175,000.00 <br /> <br />evidenced by Mortgagors" note dated <br /> <br />March 9, 1983 <br /> <br />(herein Note) <br /> <br />providing for payments of principal and interest. with the balance of the <br /> <br />indebtedness. if not sooner paid, due and payable on <br /> <br />~larch 9, 1985 <br /> <br />To secure the payment of the Note, with interest as provided therein, the <br /> <br /> <br />payment, of all other sums, with interest advanced by Mortgagee to protect the <br /> <br />security of this Mortgage, and the performance of the covenants and agreements <br /> <br /> <br />of the Mortgagor contained herein, Mortgagor does hereby mortgage and convey to <br /> <br />Mortgagee the following property located in <br /> <br />Hall <br /> <br />County, Nebraska. <br /> <br />The West 140 acres of the Southwest Quarter (SW~) of Section <br />Thirty-two (32), Township Twelve (12) North, Range Twelve (12), <br />West of the 6th P.M. <br /> <br />t~l";, <br />\;,,:':::'~~, <br />\:' ~;l" <br /> <br />", ~ <br />~~.,~. <br />~j\\-;.. <br />~.~ .", <br />~. <br /> <br />'>~ <br /> <br />. <br />c:o- ("') {f) <br />~ ~s CC~ <br />=- ',." W ~ <br />=::; I it <br />en ~:f~;?;;Ia= <br /> <br />~ :-'~'~i;'~ f <br />= ~.:::., l--. en ~ <br />~ ~: ::s <br />~ ~J. ! N~ <br />9 <br /> <br />.~~ <br /> <br />N <br />-~ ; <br /> <br />~-i\>"n <br />-,. .:~ <br /> <br />~ <br /> <br />t,.- <br />Kt~: <br /> <br />,'q <br />c'> <br /> <br />Together with all buildings. improvements, fixtures, streets, alleys, passageways, <br />easements. rights. privileges and appurtenances located thereon or in anywise pertaining <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 being <br />referred to herein as the "Property". <br /> <br />Mortgagor further convenants and agrees with Mortgagee. as follows: <br /> <br />1. p~t. TO pay the indebtedness and the interest thereon as provided in <br />this Mortgageano the Note. <br /> <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 on <br />the,Property. <br /> <br />L <br /> <br />3. To pay when due all taxes, special assessments and all other charges against <br />the Propel"~ 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 />to pay sl.lC.h taxes, assessments or other charges as they become due, <br />