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<br />I~ <br /> <br />REAL ESTATE MORTGAGE <br /> <br />FORM FLB 208-RR (Rev. 1-77) <br /> <br /> <br />Dat.e <br /> <br />December 16, 1983 <br /> <br />CraigJ. Vipond and Roxanne M. Vipond, husband and wife <br /> <br />, Mortgagors, <br /> <br />of Hall county. Nebraska in consldera-tlon ot <br />the -actvarice or the prlnctpal 8U:-"I1 reel ted In the note 1"'lCrelnart.er descrlbed, receipt of whlc11 1s aCk.'10wledged, ,hereby <br />mortgage and. convey to <br /> <br />THE FEDERAL LAIlD BANK OF OMAHA, a Corporation, <br />of Omaha. Douglas County, Nebraska1 whose address <br />is Farm Credit Building, Omaha, Nebraska 68100. <br /> <br />Mortgagee {Subject to <br />record: reservations In <br /> <br /> <br />mlner~.l rl gIltS OW!1E'.,j by part les nt,her tha..'1 Mortgagors; fOxlst Ing easements of <br />>i-n-d stR;t,e pELt.ents: -:'Inn trle ,'.1~hts or the pnbllc in all highways l. the !ollowlng- <br />Hall Nebraska <br />SCW1ty. <br /> <br />de~crlbed real estate in <br /> <br />lih TWP. ~ <br /> <br />Lot 11, Homestead Second Subdivision - - - - - - - - - - - - 33 <br /> <br />12N <br /> <br />9 Iv 6th P.M. <br /> <br />L <br /> <br />~J\ <br />."', '>.j <br /> <br />- <br />'--\oJ <br /> <br />i! <br />(") (.:i 1; <br />l:;) ~"i ~. <br />c."" 00 i' <br />::; ;r. W ia <br />: ~~--ZQO J I;l <br />! f 3 ~ ~ it. <br />I 0N(J)S"C;-c;) ~J^ <br />'t;I~?<)~ (J) I!:~ <br />;:::r -J IE <br />-~ .... -J j~ <br />~ I ol:'a <br />I ti";z <br />1;0 <br />~~ <br />I ~ 1 <br />if <br />! <br />Iii <br />! <br />i <br />1 <br />1 <br />I <br />I <br />! <br />i <br />I <br />I <br />I <br />I <br />l <br /> <br />,~~ <br /> <br />= <br />....... <br />c-o <br />'" <br />co <br /> <br />~, <br />,~ <br />L <br />~ <br /> <br />~ <br />:::1: <br />.J;:" <br /> <br />= <br /><.rI <br /> <br /> <br />t.ogether W1Ul a.ll Cor <br />imprc.v-e:nen-t5, flxt.ure.s <br />artlt1es ;n:l€d to ::.uprly <br />tees. and t.te :ur::;iS!ilnv,s <br />~iJ'TorE-. s.Cf'e~r;-s. windows-. <br />st.C\fes. refr! gE're.t ;]r'S. ;>Jat0:- <br />are ,j~ 13!'e-C !AJ tw ti p&i.~t :,; r <br />the ::te-curl t.y f'Jr the lndebtp'.:;ues$ <br /> <br /> <br />Thts mortgage 1 s g1 ven to ~;BeurE' ~To~133ory ~:~~t f':' ~,< ,:'V\~n '~~at-e .!"\€!"<;'WHh, executed by !'lort.gagars to !10rtgagee. In <br /> <br />th~ principal 2\111 or FORTY-SIX THOUSAND AND NO/IOO - - - - - -- - - - - - - - - - - l'OLLARS. <br />.?Ily.able tn installments f'iltll intf~n?$t ;lI.~r:--(lr-::!:-ln~ tD thi:> tern:; i)( sal:1 Dote. thf' la~t Installment beIng due and pay- <br />January, 2009 <br /> <br />\\ble rln the f1r.st da,Y ,,! <br />pr!)mls$ory uot.e. <br /> <br />'";'hl:! !'(~lTir'e:::tance .stlCtll be '{()l.~1 upon the pa.vmfmt of saId <br /> <br />The Mart,ga,gors .:lgr-ee to ~~~y, It r'r.-quested by MQr'tgqgs-e. '):1 f:'t\ch Inst.allment <.!ate. in uddlt.ton to the sums reQutred <br />hi- the above-a~scr-lbed. promissory !lDte.. a SUM ("Qual to the a.mount- :je-termlrH?d by tt!e Mortgagee- required to f'.tccumulate. <br />and p.-1.y the !.nsura.."H~e- j)r~lums on p"jl1\~le$ of !'ire tlJi-d ot.her hazard tnsurar.lce cove-r!p.g thg mort.gaged premises, anti <br />th-e ~-e.l astate tues .;u~d :\ssessment.s due on tho? mort.gt',,!:~ed I,remlses 15 j-e.ys pr-lor to the riue da.tes thereof. In <br />the. event Llt!:l.t the S-:.Ims aC(~Tued: .tor t,tIe- ;,a,vrnent ('~f the sal':1 j!I"'.>rr:ltms. taxes. 0r'i:i,sse:SSments are lnsurnclp.:1t, the <br />!"!Ortgag-or$ wIll. llIXln r-~uest. t:,e.y such ~dd1t-.:'QG~l $~lmS- p~lor ~.O") ;.!te due GB.;:e theree!. All SUMS n~eeived therefor <br />shall be- applIed on the pr1u!':lpal balance \mt:ll $uc-h t-1!!le as tlle-y are withdrawn by Mortgagee- for .t:rl~ payment or <br />3Al-d -,rem!ums. taxes. or B.sse.ssments. <br /> <br /> <br />1hls' ~rtgage ls SUbject to the pr'ovlslons of THE l"ARM -~':RKDIl ACT 'lad. :111 ,'lets 3.":te-ndatory thereof Dr supplement.'ll <br />thereto. ~ft p-ro-ceeds. of the- loa.'1 secure-d hereby ~"lll DB' used !'or the purposes $peeHled in the ~1or"tgagm's] I),j)plt- <br />cation for !iSld 1Qan ana a.uthDrl~e-d by sa-1(! Act. <br /> <br />The 1'!O.rtgagors. ;'ltld each of them~ h-ereb-y iIo"irrfL.'1t- tn:;,t- nV2'Y re~ owners or <br />Will defend- the .title agalnst '1},1 elalmant.s wtlt.1I!}SD-e\'er, :lEd sal:1 p!'opr::r'ty <br />they W1 U kge--P al1-- the l~r(r."emei1ts. t1xt.\lr-us~ ,m(l ,9.ppur-t.e-rHi~-ccs c'ceup-led ~'1d <br />~~t-.; and they w-nl :r!tUnqulM\ all t'l:ehts 'fif 11omest':':ud in sald pr-emisBs, ,.m,1 <br />ltS :full~ ~ <br /> <br /> <br />real pr0pet.ty; that. they <br />all ~nt;:.lmbr-anc:e3; that <br />and i'~rml t nn ~ct:] (l[ <br />~ee wI th Uli;' Mortgagep. <br /> <br />\1.1-.-'mat:'~)[.'w1.11'-p~ ~tn due ~ll taxes, 11e.rls. ..1ud)1meHt3. or a.SSEssments which ~3-Y tie lawfully asse-ssed 3.R;tilns!" <br />t~ :?rOptr-rt-y. t-rll~ 1n mortgagert-. <br /> <br />{";E.} .tba-t :t.h:ty--..wn 1-- 1nRure Sltd ke~p- lrl'$:!.lrf!U t-uUdings. ('1' nth!:'".;, lnlJ.lr'(~v-ements now on (n" \'ih1eh nay flare-after he plac-/;!'{j <br />$; i;i-al-q r~$-i3mt-t.Q-t.Jl' ik"'t.t:13-f.a<::ne~ of the Mortg~t~. $LH:-t.lr"s.urftn.:::-e t.'Ol!cy at)sll tl~ t?naO!'~~~D With .'1, mCl-rt-gag;e clftus-e <br />*-1.t.tt:--th'& }::1$$' tt~~ti1er t.n.be vl\yab-le t.o ttle. 'M,n..taaK~~~ Al'ry S"J.MS recelved tliay tl!. use-d to r.'\y tor. re-eO-nat1'1~:.:t.Lm <br />O(.tM .~.,trny(H1_' t~.o-veraentS:; Of'.. ,a not.. 80 a~pUe.d. ~i\y. :l;l; U1~ optlnn of t~le Mort.gagl1!:". tH:: Irppl1ed 10 payment ot <br />_. 'l~~s" ,. .M"t1.iN.t4-. -or l~t:uN'nt. :{~ured h)' tH.le tr:or-t-~a.~ '- <br /> <br />tb.f ~ih:it. t\)e.~,r-t~&.g~!, !ii'..':1, perty 1;g!Jn,Y :ltt;~at.Lm <br />j~h-. H!:~rt.g,~et;-. t,q !';.,nl'cIDtie Ul~ B !t:.',lttga,,:e <br />In- ~t~h it- lA o-bUgaMd to 'yr-0t~~t It.:1 !'~;hts <br />~f''t~..e- :~ilY t~e-Ut- ,:~~n$t1s, ~:tg: aj.tvs.W,~t<' +ay~~nt <br />Jt-M .b'''.t8M!). .ftq::tJt~. ~:(t!Q:fi~(~.. -'imt" 6t1Jt(-f ,~tftr'y,~'!:-;, <br /> <br /> <br />j'- <br />