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<br />r
<br />ru sa- tt REAL ESTATE MORTGAGE e
<br />IOpan-ErM: To Sseuro Present and Futuro Obligations and Advances)
<br />Date April 19, 1489
<br />Ruben E. and Joyce A. Meier, husband and wife
<br />Mortgagor Isl.
<br />~ Hall Cwrnty, Nebraska , in
<br />eoraideratktn M tM adwnce of tM principal wm recited in tM note Asroinaher described and in consideration o1 futon
<br />edwnas made by ntortgsgn to martgagorlsl err any of thorn as hareinaHer provided, hereby mortgages and wnwys to:
<br />nMlfq C'nRD
<br />wftow prinetpel office is at cranes r ~i ar„t ,Nebraska, Mortgsgn.
<br />tM foikwving daacnWd rat property in tyyt > County, Nebraska,
<br />wbpet to oN, gas. and mine~at rights owned by partisa otMr than Mongsgorlsl: esiating easemaMS of record;
<br />raaarvetions in United States and Stets pabnts: and the rights of the public in all highways:
<br />A tract of land in the Southeast Quarter (SE4i of Section Eleven (11), Township
<br />Twelve (12) North, Range Nine (°) West of the 6th P.M., in Hall County, Nebraska,
<br />and more particularly described as follows: Co~mnencing at the Southwest corner
<br />of said Southeast Quarter iSEtr) of said Section and proceeding in a northerly
<br />direction along and upon the center line of said Section a distance of 353.1
<br />feet, thence proceeding in an easterly direction on a line parallel to the southerly
<br />section line of said Sec*_ien .. .~~.....,...~ ..~ ...,.,., feet, thence proceeding in a
<br />southerly direction upon a line parallel to the center line of said Section a
<br />distance of 353.1 feet to the southerly line of said Section, thence proceeding
<br />in a westerly direction alora and upon the southerly section line of said Section
<br />a distance of 208.7 feet to the cwint of beginning.
<br />aortpNting one (1 } aern, more or Ins. acwrding to Government survey: togaMr whh all of tM right, tkM. and
<br />intenat o/ dta Mortgagopsl in veld Property now owned. or hereafter acquired, and includmg aN buiWbpa and
<br />irttprotrerttanb now on, m he»afar placed upon. and real property: including also ail water, irrigation, and dnirga
<br />rphb.
<br />This mortgage is given to wcua:
<br />{al A promiawry nos dated June la. 1983 given by Mortgagorlsl to
<br />intMprineipalsumof '!t,n w„r~tr,Nt m.ranry-f;ve mhn„eanrl aan~t nn/tnn-____-~_.,_ pMp«~ S.
<br />payable with interost according to tM arms of veld nos and any inatrumanta taMn in refktartoing, aalendktg, or
<br />rottewet/ acid indabbdrbae or sty pan thereof;
<br />(b1 Any futon advancNal. with inane[, whicA may he made from time to time by MortgagN, at its option: b
<br />Mortgagwla}, or any o/ tftem or their successors in titN. for any purpow in any amount M amounts. prwidad.
<br />howowr, tMt such futon and additional advangls} shah M w Nmited that tM total principM amounb out
<br />at atry one time sMN not aacaad tM sum of t'iyte ilt~^•t~A~ mi,r,..GS.,a ar,a ,,,,it nn_----.,.{tp
<br />awd prwidad furtltsr tM futon advanulal w made shah be payabN in accordanu with the terms of a pomias9ry
<br />nob a note which may be taken to widence wch advannlsl or any pan tharooLlTM optional adtrattaelslltateie
<br />wthptaed shah ba eonsirMred additional to tM adwncNsl hpernafar authorised to be made by tM Martgagee(a
<br />tM protat:tion of tM security or Mongagaa'• imswa tharan.)
<br />Tltie tttsrlpp to b• void upon tM payment m full vwlh interest of any oblpations. Drosant a futon, seettred a b W
<br />TM MaRpgo (a-, and each of them. Mnby warrantlal that tMV aro tea owners of tM mwtgagad rwl property: tMt
<br />ttay attig dahttd tM title against aN clawnana whomaowar: and tMy relinquish dl riphta of hamntoad in acid prantiaaa,
<br />and oouattettt and agroe with tM Mortgapw n foNows:
<br />111 To pay what[ dw aN base. liana, judgtttents, or •swsarwnu which maY be lawfully assaawd against tlN property
<br />heroin tnorlgagad. and tM rental cMrgas upon any rows assigned as additional security la this morigega.
<br />t2- Ta ineuro and kep inwred buildings and other ~mprowments now on or which may harnfbr be pktwd on [aid
<br />ptatniees to Ute wtistaction of tM Mortgagee. Any policy widertcing such inwranca shah be endereed with • mortgpa
<br />clatraa, apprewd by and in favor of Mongagaa and dpositad with, bra tMnunder to W payabM b, MOtlgagN M ib
<br />tnteraat may appea-. At the option of Mortgagor(si, and subject to gattaral rsgulationa o1 eM Farm Ctodit
<br />Attmwietration, sums w received by Monppaagpwaa may ba used to pay for reconstruction of tM destroyed improtranattgal:
<br />a. t/ not so mar. at eM option of fNortgegee. be appNW M payment of any irtdabtednwe. matured a wtmatwed.
<br />.eeta.d b,trno•ig.g.
<br />(3} To bap aN buildings occupied end in good repair, and to refrain from tM commission of any sets of rernovah
<br />dentWttiott a wpairmatt tMraof; not to cut or remove. w permit to M cut or removed. any wood a timber from said
<br />raN psoparty, and to Ceirtrnil w permit no waae or urtpaarrtanl of tM vNW of thn security: l0 COntMUOYaIy practiw
<br />e/ptwed nNttbda of }arming ort said lands, to prevent erosion and tM spread of nosious artd damaging weeds. and to
<br />twaMw tM fMtbty of file wN.
<br />Iq That w tM awn[ Mortgagwisl faille) to pay when dw any tease, renal charges upon any haws assigned sa
<br />atldtlfettal ter thin nto+tgaW, lions. jtrdgtttena, or aawaarmnts lawfully aswaaad against tM property basin
<br />~al b maintain inauranw as Mreinbetoro provided. Mortgagee may make such payment or provide
<br />~irtoe, and tM amotmt(sl paid tMrofor atoll become a pan of eM indebtednew second hereby. due and
<br />pftyable ittuttadiably, and shall boar interest at tlta currant rob of tM Mortgagw at tM time tM Martpagw ntakea attch
<br />papwMtt.
<br />(g) TMt h tM scent Martoporlq dMwltte) itt tM paytttant of acid principal wm. or m tM rapayrrtent of arty adatkatal
<br />adeenae{ai rttaM M Mrakt provNMd, a of any interest Uteteon, at tM lima when tM write ahaN 4 due, or with tespaet to
<br />tleY eeeeaertt or eottNHon harool, that, at tM optan of Mongagn. tM entire mdebtadness second Mraby sM11
<br />1*rMlrtiptiappnta dtNand ppaayyabM, shall bee interest at tM current rob of tM Mo+tgagn ort tM date of tM dalault, and
<br />tM may intntedirtely /gooksw th4 nwrtgaga err puraw any other awilabte legal romsdr. In IM awrttaf any
<br />aNliMtMMYr ~N to attfaa oolMetion at tM mat~~ debt. tM MortpagorN) spree(s) tMt atw twpanaa kwwnd to
<br />/t~a0ts~err as en aba4eet of titN shah, wften paid by Mortgagee, become a psi al Ms datrt wourad Mroby, and atoll
<br />M laid bAt Mortpgorta) togatMr with aN of tM aaabM toss of such action.
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