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<br />
<br />Position 5
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<br />USDA-FmHA
<br />Form FmHA 427.} NB
<br />(Rev. 11-21-80)
<br />
<br />REAL ESTATE MORTGAGE FOR NEBRASKA
<br />
<br />83,.......003467
<br />
<br />l
<br />
<br />THIS MORTGAGE! is made and entered into by
<br />~Iatl-hiessen
<br />
<br />Roger D. lvlatthiessen and Rhea J.
<br />
<br />residing-in Hall County, Nebraska, whose post office address is
<br />108: East Nile
<br />f'. gr~ Box, 416. C~i:J::Q ,Nebraska 6saz~
<br />herein called "Bolrrower:' and:
<br />"/H:BRBAS Borrower is indebted to the United StoHl'S of Ame-rica, aaing through the Filrmel's'Home Adrnint~tration,
<br />United St~te$ Dep'Jirtment of Agr;icultu'ft'. herein called th., "(~r'l'ernment,H as evidenced by one or trlore promissory note(s)
<br />or a_mption ag:reemeM(s), herein called "note," ".h.ich h:M tx,en elvecuted by Borrower. is payahle to the order of the
<br />Government, authorlzl'iS :iccelen.tktl1 of the entire indebtedness at till! option of the G()'I'ernmellt upon any default by l~or-
<br />rower, and is described as foUows:
<br />
<br />Date oflmtm>ne'r.!
<br />
<br />Prim:ip41 A mOl"'!
<br />
<br />.'!nnual R,ate
<br />
<br />v f lYlrerll~1
<br />
<br />Due Date of Fi'wl
<br />In_~tallment
<br />
<br />6/28/83
<br />
<br />6,000.00
<br />
<br />10.75'1;
<br />
<br />6/28/2016
<br />
<br />,If the un.et1est rate U k!i$ than ',%, fm farm oWllerschip or operating I()~n\sc) sl>cufed by thi,s instrument, then the
<br />rue fillY he c;halll!:ed <l.$ proVided in the note.l
<br />~\nd the note evidences a k1an to Bor:row~'T. and the Government. at any tune, may assign the note and insure the pay-
<br />ment thereof pun~ant to the Consolidated Farm and Rural Deveiopment Act. In Tide V of the Housing Act of 1949 or any
<br />other statute ad:m;in:iste~d !Jy the Famu,n Horn.. Adrninistr:nion;
<br />Alia it j. the puq:>Otlle linG intent of thu mstrumem that, anlCl!lll, other thlng,li, at ail times when the !lote is held by the
<br />(~vernment. or in the ell'ent the (;ovemment ~llCltd,f ~ullign this In,st,rumem widlOu( insurance of the note. this instrument
<br />~haU 5('c:Ure paYllle~lt of the note': but when tile note ill hdd by ~n msureJ holder, this murUmell! shallut>t secure payment
<br />"f the note or..nat:h to the debt evidenced thereby. but:a w thelltH" ilnd s\lch ddlt shall constitute an mdemnity mortgage
<br />(tJ :secure the GOVl:rl~ment ~lun:rt 10sI ullder i.u ItlS'.nance contnet 1<.0:'$<,111 Dj a.ny default by n')frower;
<br />And this inlltrum...maL..:> liCCnte. !fl!' re""l.lttm: "I any Interest credll or subSIdy which ma)' be granted to the Borrower
<br />by th-eG')Wr:U1lelH purtuam to 42 t).S.C, ~149{la.
<br />NOW, T1iEIIU~FOIU" in cOllsid.erauMI of the ~od .": ,It. all times when the nnte b held by the Government. or
<br />in the 'elttl'fI! the (;"",.-erfllllecIll .mould ;USIgn thi~ inlluumem wit!IQut lIl$unwc" (,I the. p"y''',,'H ,.)f the note, 10 secure prompt
<br />p"'YlIlelnt of the flOE,e "-IIU any fefleYl,;Js OlJld nteusima then::ol ~,!ld a.llY agteeme,tlU COllt.ille<l therein, including any provision
<br />for the paym(,llt of Mlinsw:ance Of otiler cr.",!!:"., ,b) at all times when Ihe note i~ held by all insured holder, to secure per-
<br />f')Cll1l1!lce of Borrower's .lgreernent herein tOU1d.elnniiy l<l1d sa.... harmless the GoverlUlIent ag.amu loss under its iU$uranCe
<br />contr...:t by reuml of my ddaul! bv Borrower. .:uul in any evellt llXtd ,.II all !ime.s to ,<,cure the prompt payment of all
<br />..dvuees an&. e~penditurell tw..d", by the Go""rnmellt, with illterest. u hereinafter described, and the perform,mee of every
<br />coven...!!! illld a.gf'<~ment of Borr,)""er ;;ont..med IWf'elll or in any supplementary ~reem"UI, I~Qf'rowec does hereby gtlU1t.
<br />b.upm, sdl, con~ey ,mll <lssig;n, W.tl1 gener..l WalTitJHy, ,mto the Government. the (oUOWUl.g property .ituated in the State of
<br />
<br />
<br />Nehr.uk;a, CQum:y(ic~.) of
<br />
<br />Hall
<br />
<br />viest Half (Wl.;J
<br />Town of Cairo,
<br />
<br />of l,ots
<br />Hall
<br />
<br />f-'iVt~ (5) and Six
<br />i:-Jebraska.
<br />
<br />(Ed I
<br />
<br />'Hock Nine
<br />
<br />(9) ,
<br />
<br />Origina.l
<br />
<br />FmHA 427-} NB (Rev, 11.21-80)
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