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r 84 _003081 REAL PROPERI'Y KlRl.GllGE Leonard C. Moeller ani Rosie M. Moeller, husband ani wife, each iJ'xlividually in his ani her CMl right ani as spxI&E! of t:be other, in consideration of _ --FIFTY-EIGHT THOUSAND AND Noiloo------------- ;id-~;;;;;;.;;_r-,-tl;-~~~f-~ct;"-;;~ ~~, ani ~ security for future advances that may be made fran time to time as consideration for the rrortgage, does rrortgage to Norwest Bank Grand Islam, ~:atior.al As~iatire., G-""a.Y'!d Islalldj ~ac;ka: Unlivided one-half interest in: IDts Four (41, Five (51, Six (6), Seven (7). Eight (81. N~ (91 ani Ten (101 ani Southeast Quarter of the ~t Quarter (sl'% NJ<%I. ~rth Half of t:be Southwest Quarter (N/oj ~I of Section 'l\oenty-Five (251 in 'l'oomShip Ten (10) ~rth, ~ Ten (101 West of the 6th P.M.. in Hall O:lwtty, Nebraska except a tract of land deedErl to the State of Nebraska in Warranty Deed Book 135, page 54l. And the rrortg<qor does hereby covenant with the rrortgaqee ani with llDrtgaqee's heirs and assigns that nortgagor is lawfully seised of said premises, that they are free fran eJ'lCU'ltlrance, that!lDrt:qagOr has good right and lawful authority to COl"IVeY the same, and that IlDrtgagOr warrants and will defe.rd the title to said premises against the lawful clai.ms of all [:€rsons ~ver. nus rronqage is qwen to secure the ptlyment of the pranissozy oote of this date 1Iilde b</llOrtgagor ani this nurtqage is also given as "eCUrl ty to I1Drtq&1E'e fur all irxle.btedness that may in t:be future be l.I1CI.l.IT€d by rrortgagor to llDrtgagee, am such future irrlebtedness shall bear interest fran date of accrual at the rate as proIfided in the rote executed on that date ani se:.:ured by this llDrtgage, ani shall be payable to IlDrtgagee at the same place designated in the rx'>te. All such future irxlebtedness shall be deeJ:rai a part of. the inclebtedness secured by this rrortgaqe. ani shall be recL"V&able as such. ~rtgaqor shall I="JY all taxes ani assessnents levied upon said real property ani all other taxes levied on this nortgage or the rx'>te "*llch this rrortgage is given to secure before the _ bea:me deli.rquent ani shall maintain fire. windstarm and exterxied ooveraqe insurance with a nortgage clause on t.~ l::uildirqs on said pnmises in such SOOlS as they are iI1SU1:'E'.d as of the date of this nortqage. If rrortgagor fails to pay such taxes ani assessnents or procure such insunmoe. trort~ mav pay such taxes ani pJI'chase such insurance ani the atII:lU1'lt so advanced Witil- interest at fourteen ~ per iilIl1\IU shall be secured by this rrortqage. In case of default in the payment of the principal sun or any installll'ent thereof or of any interest thereon when the sane shall becane due cr in case of the ron-pa}tllel1t of any taxes or asllE!Sflllll!rlts or of the failure to maintain insurance as herein provided, llDrtgagee may at the option ':)f ~~~. ~it.~_yt rotic-e. at <3ny ri~ dlJri,t'VJ t_hP crntinIJ8~ of sud1 default or breach, declare the whole debt secured by this nortgage to be i.1Il8iiately due ani payable ani nay foreclose this nvrtgage. In the event of default in the performanoe of any of the tenDs and a::n:li tions of this llDrtqage or the note or notes secured by it. the llDrtqagee shall be entitlErl to :inm:rliate p::lSSeSSion of the oroperty aoove described atrl all the rents. revenue and inaane derived therefran durinq such time as the llDrtgage irdebtedness !:'Emtins unpaid shall be awlied by the lIOrtgagee to t::he payment of the note and all other 5\JllS secured hereby Ilfter deduction of any necessary costs of oollection.