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I Cf:) 83-f)01579 MORTGAGE This Mortgage is entered into between FRED D. EGGERS and KATHLEEN A. EGGERS. huS~~g an~ wife. each in his or her own right and (herein Mortgagor) as spouse 0 . eo her and THFSTATE BANK OF CAIRO. A Nebraska Banking Corporation (herein Mortgagee), Mortgagor is indebted to Mortgagee in the principal sum of $ 150.000.00 evidenCed by Mortgagors' note dated ~larch 31. 1983 (herein Note) providing for payments of principal and interest, with the balance of the indebtedness. if not sooner paid, due and payable on ~ovember 31. 1983 To secure the payment of the Note, with interest as provided therein, the payment of all other sums, with interest advanced by Mortgagee to protect the security of this Mortgage, and the performance of the covenants and agreements of the Mortgagor contained herein, Mortgagor does hereby mortgage and convey to Mortgagee the following property located in Hall County, Nebraska. The Southeast Quarter of the Northeast Quarter (SE\NE~) of Section Fifteen (15), Township Twelve (12) North, Range Eleven (11). West of the 6th P.M.. Hall County. Nebraska; and The East Half of the Southwest Quarter (E\SW~) of Section Fourteen (14), TownShip Twelve (12) North, Range Eleven (11), West of the 6th P,M., Hall County, Nebraska, SUBJECT to a mortgage in favor of Farmers Home Administra~ion in the principal amount of $84,000,00 and SUBJECT to a mortgage 1n favor of Federal Land Bank Association in the principal amount of S109,500. Together with all buildings, improvements, fixtures, streets, alleys, passageways, easements, rights. privileges and appurtenances located thereon or in anywise pertaining thereto, and the rents, issues and profits, reversions and remainders thereof, all of which. including replacements and additions thereto, is hereby declared to be a part of the real estate secured by the lien of this Mortgage and all of the foregoing being referred to herein as the "Property". Mortgagor further convenants and agrees with Mortgagee, as follows: 1. ~. To pay the indebtedness and the interest thereon as provided in this Mortgage and the Note. 2. Mortgagor is the owner of the Property, has the ,"ight and authority to mortgage the Property, "~UUXUllX~lIax~~lOO(XiXlOOW<~~W)QlI~X:itt -~ L 3. To pay. when due all taxes, special assessments and all other chdrges aqainst the Property and, upon written demand by Mortgagee, to"add to the payment ;'equi;'ed LInder the Note secured hereby, such amount as may be sufficient to enable the ~lo"tqaqee to PlY such ta~es, assessments or other charges as they become due,