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<br />I <br /> <br />83-"J03772 <br /> <br />REAL RS~A~R S~CONn MORTGAGE <br /> <br />DAVID W. NAUMANN and SANDRA S. NAUMANN, husband and wife, <br />each in their own right and as spouse of the other, herein called <br />the Mortgaqors , in consideration of TEN THOUS)\Nf.l AND NO/100 <br />DOLLARS ($10,000.001 do hereby mortgage to ELDON C. ~OOKER, <br />herein called the Mortgagee, the fol1owing- described real estate <br />in Hall County, and State of Nebraska: <br /> <br />I,ot Twenty-~hree (231, Holfe's Subdivision <br />in the City of Grand Tsland, Hall Countv, <br />Nebraska. <br /> <br />This Mortgage is given to secure the payment of the <br />principal sum (')~ ~en Thousand ~nd No/IOO Dollars (SlO,OOO.OOI and <br />all future advances not to exceed the principal sum of this <br />mortgaqe and interest thereon, according to the terms of a <br />certain promissory Note o~ even ~ate, executed bv the Mortgagors <br />to the Mortgagee, due accorctinq to its terms. <br /> <br />~he Mortgagors shall maintain ~ire, windstorm and extended <br />coveraq~ insurance with a mortaaqe ~lause on the buildinqs on <br />said premises in an amount at least equal to the sum of all <br />mortgage indebtedness aqainst such rea] estate. <br /> <br />~he Mortgagors aqree to pav all taxes and assessments upon <br />"'aio oremisesand all other taxes, levies and IIssessments levied <br />uoon this llortqaqeClnil the Note which this Mortaaae is given to <br />secure beff)re th~ same hecome tie Unquent. Tn 'the ""vent the <br />Mortgagors shall fail to obtain such insurance or pay such taxes <br />before rlelinquent, t.he '1ortgaQee may purchase such insurance and <br />oav such taxes or 0t-.ner 1 iens ami sns 11 have a lien secured <br />hereby for the amount sa advanced with interest thereon at the <br />rate prQvided in the Promissorv Note. <br /> <br />Tn t.he flv",nt t"le l!ortqaqors de"au]t in feMe payment of said <br />indebt.edness or any i.nst,allment therEm~, or "ail to perForm ?inv <br />o~ the other aqreements herein, the Mortqaqee at his election may <br />declare the anti.re debt secured hy this "1ortgaqe to be due and <br />collectible .'\1': once: and mil'.' "areclos... this '1ort.Qaqe For the <br />satisfaction thereof. <br /> <br />.1')1'..1 <br />!'1iqned thig /c;>L,'. day of <br /> <br />, , <br />i.Jp r! I <br /> <br />, 1983. <br /> <br />/'>:),::-'~ j/: /0/;2 '" <br />\4 (.( ~. ,." . '" ,'" iiil',nt/2 7~''-- <br />''I)avio. \1. "laumann <br /> <br />i <br />i,'-,~~,,_ ~t_.( ~_ '/- ,l.::"l"._<_.; "oj" .LL"-.".- -~~""_ <br />~~andra S, Naumann <br /> <br />-1- <br /> <br />L..J <br /> <br /> <br />L <br /> <br />-.J <br /> <br />L <br />