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<br />$a --t 00170 ;f
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<br />MORTGAGE
<br />THIS INDENTURE. Made and Executed this ~f- -day of *larch A D 1984 by and between
<br />Jeanette `I. 6rimcs and f:ichard Ft, Grimes, husband and wife.
<br />party of the first part, and ('bombers State Rank, Chambers, Nebr. 58725
<br />party of the second part.
<br />W'1TNESSETH, that the said party of the first part, for and as security [or their guarantee of the indebtedness of
<br />Jeanette `. Grimes and Hirhard P,. Grimes, husband and wife.
<br />has granted, bargained, sold and conveyed, and 6y these presents, does grant, bargain, sell and convey, unto said
<br />party of the second part, the following described real property situated in fbe County of Hall... ..__ and
<br />State of Nebraska, towft l,t ?'hirreen (1°), `;unsex Flace Subdivision, said Subdivision being
<br />a tract of land r~omnrisinR tl-,e North Half of the North H~~'f tRg ~P[t1~o~a~~st Quarter
<br />t,R`N'StiF:`.); the !north Half of the tionth Half <~f the North Halfwof the Southeast Quarter
<br />(N`-,S.`v', N'-,SF.'-.?: and ehe youth Half of the Northeast. (Quarter (SzNEy}, except the North
<br />Sixty is6u) ace+zs tti~re<~f, all in ~c~•tioR 17, 'Cownship 11, North, Range 10 iJest of the
<br />hth F.?t, ir. f{all Cnur,ri', tiPhrasp.a.
<br />together with all the tenements, hereditaments and appurtenances to the same belonging, and all the estate, title,
<br />dower right of ftanestead, claims and demands whatsoever of the said party of the fits[ part of, fn or to said ptemiaes
<br />yr any part, thereof: and said party of the first part does hereby crovenant, that said party of the first part is latlrf[tlly
<br />seized o[ said premises, that sold premises are free from encumbrance and that said patty of the first part will war
<br />rant and defend the title to said premises against the lawful claims and demands of a-I persons whomsoever.
<br />NRDVfDED ALWAYS, and these presents are upon these ennditions:
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<br />WHEREAS. sad party of the first part has executed and delivered io the said party of the 9M'attd part their
<br />guaranty dated ~~at~''t' -`'~ 1`78" of the obligations of Jeanette At. & Richard R. Grimes
<br />Husband and taife.
<br />and whemas, the party of the tint part has agreed to keep the buildings, if any, upon said premises, insured in some
<br />~rompany ur crompames approved by :;aid parry vi the second part, for the sum nut less than instuable value,
<br />and deliver w said part}- e;f 'he second part the police ur policies containing a clause with the lass payable to said
<br />pang +~( the second pan. ~~r assigns. and has agreed to pay all taxes and assessments agahtst said premises befm'e the
<br />same, by law, becomes delinyurnt, and has agreed that it said party of the first part does not provide such insurance,
<br />err fads to pay a.i Saxes a,. aforesaid, then said pang ut the .aearnd part, or holder hereof, may pay such fttsttttutce aad
<br />taxes, or euher ut ttiem, and ale amounts so pard by said party cf the second pact shall bear interest at the rate of nine
<br />per cent per annutn from the date of payment, and this mart;: age shall stand as security therefor, and said sum may
<br />rte added to the amuua[ of the morgage debt, and the same recovered as a part thereot. Now, if the sold pally of the
<br />first pan shat( welt and truly perform al: of the oblrgatnms vt said guaranty anti shall keep said buildings insured es
<br />•afureswd, and ,hale keep all taxes and assessments paid, and shall duly keep, and perform ail the other covenants
<br />and agreements Herein contained, chart these presents to he cull attd void. Kut if said sum of money ar any part thereof,
<br />•.r an> unerr~t thennut, is nut paid when the >amr is due, or rf said buildings shall not be kept trrsured es aforesaid,
<br />ur tf the [axes and assessrnrnts against card prem+ses are not pard at or before the time the same become by law
<br />~tehnquen+. ur if said party ut ihr first pan shale fall to keep and perform any covenant herein contained, the holder may
<br />maintain mt action at taw yr equity to recover the same and .he ~~+mrnencement of such acUan shelf be the ody
<br />:evnce of the rxrrcise et said „prom rryuirrd.
<br />A:~D IT !S FCKTHEK 4'KOCiU@:D A\ll :4GREEI?, that the said hk+rtgagor shall and will pay all taxes levied
<br />uprxr ttus mortgage ..r Ihr drta secured thereby, higether ~.~rth fury other taxes ur assessments which may be levied
<br />wider the taws uC Nebraska, agaursi ihr card Slangagrr err •h: I,•gaI holder of the said mortgage oo accotatt oI this
<br />indeWednrss.
<br />IN TESTIMONY' N~Hf•:KEi3F, ~"~",+^tt+~ *'. kirLard k, !,rimes, Husband & Idife' HEREUNTp
<br />=,•t their hands the date ab+wr written.
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<br />STATE Ot' ti RR.4~Si.4
<br />Count of ~ .y
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<br />tin ihr =+• t t. day of ~ ~ .. .4. (~ ' "K" 6etvre tne, aNalary Public in and for the
<br />~d cu<;nty personalh. caire the abftve named `.auett,~ `. ~• ktrF.=;t.1 h, (,t im,•s, tnisbac,d and kite.
<br />be am pcrsunaily ktx.wn '.u me to br the idennca( pers+ms whe~r names arc affixed to the atwve uz~trumrnl as grantors
<br />and have arknuwiedgN-d eaid htatrumeni to Gr thrtr vt,Wniary act :u:d deed.
<br />tv'iTNE.4S trv hand and .\'otanal Seal the date
<br />ley +~~rnmtssi+~ rxptru*a un the ~ day of
<br />'a_ -----..~
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<br />~~'. / ~Yary Public
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