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<br />REAI. PROPERTY MORTGAGE
<br />VIOLA M. JOHNSON, herein called the mortgagor whether one or more, in
<br />consideration of $2,500.00, received from mortgagee, does mortgage to GENERAL
<br />COLLECTION CO.:
<br />A tract of land comprising a part of Lot Four (4 ), Wilson"s Sub-
<br />division, situated in part of Section Three (3), Township Eleven
<br />(11), North, Range Nine (9), West of the 6th P.M., in Hall County,
<br />Nebraska, more particularly described as follows: Beginning at a
<br />point on the easterly right of way line of the Union Pacific Railroad,
<br />said point being Four Hundred Fifty (450) Feet northerly from the
<br />intersection of said right of way line with the southerly line of
<br />said Section Three (3), thence, northerly along said right of way
<br />line, a distance of Eight Hundred Seven*_y Four (874) Feet, to the
<br />northerly line of said Lotr'our (4); thence deflecting right 93°12'
<br />aitd running easterly along said northerly line of Lot Four (4), a
<br />distance of Four Hundred Sixty Two (462) Feet; thence deflecting
<br />right 89°26'10" and running southerly a distance of One Thousand
<br />Three Hundred Twenty Three and Five Hundredths (1,323.05) Feet to
<br />the Southerly line af' said Section Three (3); thence westerly along
<br />the southerly line of said Section Three (3), a distance of One
<br />Hundred Twenty Two and Five Tenths (122.5) to a point Two Hundred
<br />Seventy Eight and Five Tenths (278.5) Feet East of said easterly
<br />railroad right of way line; thence northerly parallel to said rail-
<br />road right of way line, a distance of One Hundred Thirty Nine 1139)
<br />Feet; thence westerly parallel to the southerly line of said Section
<br />Three (3), a distance of One Hundred Thirty Three (133.0) Feet; thence
<br />northerly parallel to said railroad right of way line, a distance
<br />of Three Hundred Eleven (311.0) Feet; thence Westerly parallel to
<br />said southerly line of Section Three (3), a distance of One Hundred
<br />Forty Five and Five Tenths (145.5) Feet to the place of beginning
<br />and containing 11.175 acres more or less.
<br />And a further tract ccmprising a part of Lot Four (4), Wilson
<br />Subdivision, situated ir, a part of Section Three (3), Township
<br />Eleven (11), North, Range 9, West of the 6th P.M., in Hall County,
<br />Nebraska, commencing at a point One Hundred Forty Five and Five
<br />Tenths (145.5) Feet east of the east line of the Union Pacific
<br />Railroad right of way, and Thirty Three (33) Feet North of the South
<br />line ^f Sect~e~ Three !~), hence run,,^,ing Plert.". a distance of Or.z
<br />Hundred Thirty Nine (139.0) Feet to an iron marker; thence east
<br />at a right angle for a distance of Eleven (11.0) Feet; thence South
<br />at a right angle to the North right of way of Capital Avenue, a distance
<br />of One Hundred Thirty Nine (139.0) Feet, thence running at a right
<br />angle west a distance of Eleven (il) Feet together with an easement
<br />over and across a strip of ground Eleven {11) Feet wide running
<br />parallel to and on the east side of the last described tract.
<br />And the mortgagor does hereby covenant with the mortgagee and with
<br />mortgagee's heirs and assigns that mortg~or is lawfully seised of said premises,
<br />that they are free from encumbrance, that mortgagor has good right and lawful
<br />authority to convey the same, and that mortgagor warrants and will defend
<br />the title to said premises against the lawful claims of all persons whomsoever.
<br />This mortgage is given to secure the payment of the promissory note
<br />of this date made by mortgagor for $2,500, payable in full before December
<br />8, 1985.
<br />Mortgagor shall pay all taxes and assessments levied upon said real property
<br />and alI other taxes levied on this mortgage or the note which this mortgage
<br />is givers to secure before the sane become delinquent and shall maintain fire,
<br />windstorm and extended coverage insurance with a mortgage clause on the buildings
<br />on said premises in the sum of $ If mar^tgagor~ fails to pay such
<br />taxes and assessments or procure such insurance mortgagez may eay such
<br />taxes- and prrrehas? such irsu.,..,.,., and the a.;.ount sa adv ,...zd with interest
<br />at nine percent per annum shallrbe secured by this mortgage.
<br />In case cf default in the payment o£ the prints;?al sum or anysnstal.lment
<br />thereoF ar of any interest Gtzereoa when the same: :mall become duo or in case
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