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<br />' S2%-A-6ECON0 REAL ESTATE MORTGAGE-Tax Clause (Revised 1962) •+••••••• ~ +•
<br />KNOW ALL hfEN BY THESE PRESENTS' THAT I o WE Edwin and Karen Schmidt,
<br />I husband and wife
<br />of Na 11 County and State of Nebraska , In consideration o[ Lire ewd d
<br />Two hundred thousand and no/100-------------------------------------------~~~
<br />in hand paid, do hereby SELL and CONVEY unto
<br />Kearney State Bank & TrustiColl~any
<br />~ , (mortitatte~F.
<br />~ Buffalo County, and State of Nebraska ,the tallawing deitarilwd prtmilMS
<br />situated in Nall County, and State of Nebraska {o-Lull;
<br />Lot One {2) in the Northeast Quarter of Section Sixteen (Z6), All in
<br />Township Nine (9) North, Range twelve (12), West of the 6th P.M., Nall
<br />County, Nebraska.
<br />The intention tremg to mmry herrhy an ahsolute tale to fre srmpfe inciralinx all the rights of homestead end dower.
<br />- TO HAVE: AND TO HGLD rtes pn•mesrs alx=e~e de,scntred, with all the appurtenances thernuntu hdonginq unto the tNifiP
<br />rttortgagee ar mnrtxagcn^s and u~ tun, hear +,r the•tr hrtrs and ass i#,mg. fomvs r, pravidarl always, and those presents airn upp7lt th6~-
<br />expresx txrnctittan that +! the wid ma.rtgaxor .rr m+rrtKaK+>rs. his. hrr or thrtr hei ra, rx¢¢utors, artminusirntars ar asxi6ns ahif~pa7r-
<br />or cause en Ire paid to the seal rrrartga;tc ++r m==rt~agees aced to his, her or their heirv, exrcutara, administrntara or aaxittrts. t1i6
<br />xnm a[ Two hundred thousand and no/200-------------------------- Dnuara. payahle as ltdfaws, to-wilt
<br />Per annum. payah#r
<br />with interest theream at 23• ~•pr•r e-rnt atm11t6f 6111Y, accenting to the tenor and eHent oI tfre
<br />pnmuss+)ry oats wrth intert•sr a.xrtxrns uttachrd of stud Ara+rtgagors, he.anng even dale with t.lrese preseaL9; and ~
<br />shidl Pay a71 [axes and any +ntrr. x r ,r mat r sr ita4'me nis n£ principal. due nn any prier m+.>ttgage and asttexstnenla
<br />levied uqm sa#d real rvctate and al! .th tax -.: °+ ~, and Etaseasnents #¢vkv3 Lxan that mortgage oe the note whlnh this
<br />tnorl6age is Ktven to ~raur.•, t>zture tkc +un hrx r,m.e drairnuur nt and keep the hmldirU;rs on 'laid {rrc.rnises insured (ar the sum
<br />~~ S . I=,.ws, +t any. r vahie to kuch rrr,t m+ertgagres oe this martgager, or ix>;tt, thin ehese presents be void, ~
<br />otherwise to Ue and rernaue m fui! f. uc<~ I
<br />[T I_4' Fl'&TH6R AGREEf) t t a 7t=at ~f the sarr# mortgag ur shall tint fo nay such taxes and Cush intcrea€ an, or maiuriag
<br />~ instatlmenls at prma~ipal, rtur +m any prta.r nw.rigag¢ and prrw~u re =uch tnxurana:e, then thin rnartt;agw> may pay sash taxes and 1
<br />'- sash interest c>rL or rttawaty rnatattmencs nt }xurc~pai, due cut sash poor mortgage scut procure such iruurantlo: and the sum
<br />', so advanced wtth interest at nma^ fixer cent sha#1 t>t~ patd by card au>rtgagur. and thxw mortgage shall stand as strurity for the
<br />' same. (2t Thrt a £aiium ut Pay any of sari nwnay, ecther pct na8~l ox mt.errwt oxt thts or any other pr#or mortgage, when the 1
<br />saute traxemex due nr a fatter re ro cvanp#~• with any of the tore garng agreements, steal! rt•usr the at•hotr sum of money horein {
<br />seCYred to keairome due arai mllrcubie at uncv ai the Dolton c=t the ms+riftagex~.
<br />I'P 1C F4)RTHL7R AC.RL{EII `T'hat card nxxtgagee, p•xnd urg iarea;hrsuce of this mortgage and a£ltu decree atxt pending 1
<br />soy thereon or appeal therefrom and trrnahng sale ut pm+mssw rxrrtrtpaged. may Pay such txx?:a+ and maturing intert~t or matur•
<br />in6 iostatlntenia o£ irrinctpal, an tenor mortgages, Pnr~ure~ xuch rrssuranco and ouch surus sivall kw a<kird to the amount dos on
<br />decree and upon cvrntirmauun of safe by the axwrt arderrd rak en out ut Pnux•ecis of sale; <rr if nvfeeme!ct during stay, appeal
<br />', or sale, such amounts shall be ndhv terl the wane as though tt were a part of such decrees. ,
<br />Signed th.x <Sth day err March #v 84
<br />'~-~~~'`~` „' "~ Edwi ny5chmi dt
<br />__ Kat~rt~Schmidt '
<br />STATE OF N.ebrdskd Caeunte~ of BUffdlO
<br />j Bdare rrte, s notary ptchlac qualtftad fnr soul rauniy, #_~rrs a.nallY carne
<br />Edwin Schmidt and Karen Schmidt, Husband and Wife t•°.. r '=~€~
<br />,,~~r
<br />knnuRt ht me to M the idrmttcal pertxut ar pencrrts who sego ed the foregamg tnstruneent arui a,:ltptrtwledgeti the ezw7WMaiit~
<br />therecd W he hi[, her et then v<:luntary art and deed. _,,,
<br />i
<br />Witness my ha»d anclr otart:i seal as PRa rCII zb, # a ia~4" u'•+ r, ~ ..`
<br />~~ ~ t f/ Ito F ,fC~"1~~~.,~
<br />Idy commission expires. ~' • + l9 _ ~ .,-..•,~`i!z,^'~ tintar4 1`ubiia•
<br />fl°[`A`I'E C1F- ~ Fntorvt ..n numen~nt r=dez ami t=#e.i l+.r +.a:+e„
<br />ss.
<br />C:~,nty to [br Regn lrr vC :).~,iea t t4ii,•.- .,l acrd t'nt+nty lhr
<br />day of f~ Ai r~~clek'k %rla# ,rl my t~~F \! .
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<br />7i.•a ..t ik•erls
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