|
84..--i~ G 0 915
<br />rio~ r!~r~c~
<br />'-his F1or°tr~age a.s ~°+~tered intr between Karen K.
<br />Hadenfeldt fherein ,nor-tga~ror} an+i The State Bank of Cairo, F3
<br />Nebraska Banking Corporation (I'~er-s=in mctrtgng?eI.
<br />!`1rr-tgayor is xndeL~t2d to Mrrtyagee in the principal stint
<br />of ~br?,f?~4.©U evidenc*yd ksy hlor'tc!agnrs' note dated
<br />February~~;' 1"`i64 (f2 E.:°"ein tdote) ttrcr'•;idir~;7 for' p.nyme.^.ts of
<br />prir,ci.pal and int:cre~->t., wi.tl°r t`re tral~rr-rc€y of P:he indebtednFSS,
<br />xt r,ot sooner paxcl, d,_+e and payable on December 25. 1964,
<br />To c-eF~"tiro t!-rE pay,~,ant of tS-irw VVnte, with int.eres'~ as
<br />provided t.Ysereiri. the payment of X3.1 other si+m.5, with
<br />xntf:.r-e=sr advar,red by !`lortgc.gee t.o Gr-otect t!'~e secur}.ty of
<br />tl°,i=.a I'1;;rtci ;;,g~~, r,nd l:k7E M~"rf orm%.a rte~.~r t~f ti';e c:ovenant.s and
<br />aer-ee-n-eeni:~_'t of *_!-,,e i`Sr~rtayaoor contai.rted !'rer-ei.rt, f'tortgagor
<br />rJo.=s hereLY rr,c~r"tgage =~r',d c:arte~ey to riortgagwe ttt+= follc5wing:
<br />pr.nperfy 7c~c:a"ted xn Ha1T Corinty, i~iebre,sk:a,
<br />The Southeast G?uarter fSEll4) of Section 23., Tormshp i2
<br />North, flange 12, West of the 6th P,Mi., Hall County Nebraska."-
<br />!ugetf,er rai.h ..'ii uui.i.danas, a.arpro,~ements, Fixt?+res,
<br />t:r;.~et ~~.1?rays. p~<,say=way=_, ~-~=cements, rights, pririlEg?s
<br />,;,nd .:-ppurtenances located ti-~ereor or xri anywise pertaining.
<br />'.bar°eto, and it:c rert±s, issa_,es acrd profits, r'eversinns- and-
<br />:-e+r,,xnder t~-,re:o~r, all ~r wh-!chi, xrici:_adxng replacements and
<br />~ddi.t.ic;n=: th:ar-~rt'.,~, ~ !;PrcbY ~Jecl.ared to be ,~ part of the
<br />::.r r ,
<br />I~e81 t'>ta%,~ .., ~Ctar E?Ci t71 ~hc. _:i. C-~n 01" tt:d= i•ior t. C3 rt'.3+_ ciilir ctii ~~-
<br />k:,~ t ctreco: r:~_t l1ei. nc rafF~r r"rid tr-, h"tFrei rt as the "~'ropf r't v"
<br />,._. i
<br />h~lort.gat3or faxr-ther canvc-Hants and agrees with hferty~gec:t
<br />as fc2:tt~w=.:
<br />1. a,<ZVrrt:.rtt.. Tc~ pay t.Ilx-u irtr:!eb'tec!ness grad 'the xnLs~rest
<br />the r'een a.s provided : r°~ thi, s hlt~rtgage and the !Cote:
<br />y. 'tor° h,r~au~~r .. , t!7e owner oi= the Frcapert4'a htas ttx?
<br />ric;ht Y r. r9 aE.+i.hor; ty t.. mctr-te)age the fi`rop?rty, and war-rahts
<br />t,~~at t"ae :t?x,.r? cre~rted hr?reb'Y is a fir°st. and Pr'ior'-- limn ar3 the
<br />?~'roperty.
<br />1'a pay wfter; dose ;.yl'1 ta;:-F?.s, special assessntents arid.
<br />al-x a~I:i-rer rr-harges against ti-re P'roper'ty and, r:pot~ wrritte~
<br />demand b'y f9crrtgagee, '%o add to tYi>r payrro-ent. regLiired unrTewr the ;"
<br />htotrt si~cu.reri her-ebY, sucf-, arrrc,_tnt as rr,ay he stifficie~nc tot
<br />en:~hlL_ E!'re t°7or±~~aqe«~ 'Lra )waxy sr.tch ta=3-es-,~asss~s~s~mt:r~±s ~~r ?~ lterr
<br />ci~arges as they b~ccame ri:.xe.
<br />~, lrt 'the event the i=rv~xr~r'ty, or aray dart th~r-''~c;f ,
<br />5ttai. i b.e ta4=:en by :;rr,ineri't d:}main, the Pirartgage,e is ,empowered,
<br />to col.te~_t aYrd r-ec~i.:e ail campens~tt~on which ,r; _y b"e p,:-,..~ fir
<br />city pr-oper~ty taken or for- dahrag~ to prrsper-ty nit i:ak-'en, i+rrd
<br />!Ytc,r tgagee yhs~l.t a;:,piy t-ectt cuinpehsativr'!, at. its opti:crn,
<br />either to a reduc;tiorr o tFr~ andebtednes~: secureri hereby or-
<br />tct repair ants r~sstc;re the pr ope,..~y so dam«ged-
<br />;,. P1or'Lgagee naa+y, Yri#_ shall have r-,,~ r_~~ligatinr~, to do
<br />~crYV a::t.wh:'t,~h~i the ~lortetagrwar° :a?« agr~©ed tir.tt #iiz5 to rWo., art c3 -
<br />SWc3rt'gn`S'ee +r,ay .~.1 sa ria arry az:t it deemW ne+~aassar y i:n prc+t:ect
<br />the limn- her~~€~f, i`lortyags~ar a~irees to x eta;., rtpstn _d-satran4, any-
<br />gyms so ~npe:a+#~c;rrl ty t.hr~ i•ia~" tc~ageE: fear t,,e aboY~ p',arpases, ants
<br />?`~f~2Y z,aj,ns ~ ~ e~:pert,~e~ci +'~-_r ttra t'fictrtgagee ~~I tei'sl ace ad;aet1 t;a i^3r
<br />j:rvdek't~.c#s,ess. aec:r~ir'ee1 tter~.:~by ?r;d brvrv.~rn~ -itia,jr:•c:k trr iVis~ lien
<br />hv~i, h^,r~rtr)tvyee sl;all not' znct.tr any pea-scr~al lisi'aiilltk
<br />bt~+,t~~=.u+ crr:yt#";'i n4; i t may d,a tsr rxr.x t t~; ciua h'e~rtcr~!r,
<br />
|