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<br />W1)lD MftIJDJ
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<br />84- 003862
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<br />REAL ESTATE MORTGAGE
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<br />KNOW ALL MEN BY THESE PRESENTS: That Janice Thayer and
<br />E.J. Thayer, her spouse, each in his and her own right,
<br />jointly and severally, residing'in Hall County, Nebraska;
<br />(hereinafter referred to as "Mortgagor") in consideration of
<br />all ~!ortgagor' s indebtedness, liabilities, and obligations
<br />to patricia E. Ivissel and Robert L. Wissel, wife and husband,
<br />as joint tenants with right of survivorship, of Hall County,
<br />State of Nebraska ("Mortgagee"), now existing or hereafter
<br />incurred, and other valuable consideration in hand paid,
<br />does hereby sell and convey unto Mortgagee the premises
<br />situated in Hall County and State of Nebraska, described
<br />upon Exhibit "A" which is attached hereto andmadeaJYart
<br />hereof by this reference, together with all of the right,
<br />title, and interest of the Mortgagor in said property now
<br />owned or hereafter acquired and all buildings, improvements,
<br />and fixtures of any type now or hereafter placed on said
<br />real property and all easements, rights, appurtenances,
<br />rents, royalties, oil and gas rights and profits, water,
<br />water riohts, and water stock, and all fixtures now or
<br />hereafte; attached to the foregoing iescribed property, all
<br />of which including replaceLlents anc .J.ddi tions thereto, shall
<br />be deemed to be and r~mal part of the property covered by
<br />this Mortgage. All of the foregoing property shall be
<br />collectively hereinafter referred to as the "Premises."
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<br />This mortgage is given to secure a certain promissory
<br />!lote dated Mav 31, 1984 in the princioal sum of One Hundred
<br />Forty-Nine Thousand One Hundred.Sixty:'Four and 45/100 Dolla:!:03
<br />(5149,164,45), and interest thereon according to the terms
<br />of said note dnd any and all extensions, renewals, modifications,
<br />or substitutions thereof and each and every debt, liability
<br />and obligation of every type and description which the
<br />~lortqagor may now or at any time hereafter owe to the Hortgagee,
<br />includinq guarantees Qr accorrunodations; \oJhich the Mortgagor
<br />may now, .or J.t any time hereafter, owe or be obligated on to
<br />the M01:'tgaqee, whether such debt, liability, or obligation
<br />now exists or is or may be direct or indirect, due or to
<br />become due, absolute or contingent, primary or secondary,
<br />liquidated or unliquidated, or joint, several, or joint and
<br />several, all such debts, liabilities, and obligations all
<br />collective.1y hereinafter referred to as t'Obligation-s."
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<br />The tot.al principal amount, exclusive of interest, of
<br />the Obligations lncluding any future debts, advances,
<br />] l.abil i ties or ObI iga t.ions, not including however any sums
<br />advanced for the protections of the Premises or the Mortgagee's
<br />interest therein, shall not exceed the sum of One Hundred
<br />f'orty-Nine Thousand One Hundred Sixty-Four and 45/100 Dollars
<br />(5149,164.45), provided, however, that nothing contained
<br />herein shall constitute a con~itment to make additional or
<br />future loans or advances 'in any amount.
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<br />The Mortgagor hereby warrants that it is fee owner of
<br />the rnortgaged real property, that it will defend the title
<br />against all claimants whomsoever, and it relinquishes all
<br />c'ights of homestead in said Premises and covenants and
<br />agrees with the Mortqagee .15 follows:
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<br />To pay wht~n
<br />a5St:;SSiht.~,nth WIl.lI...:jl: may
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<br />due all taxes, liens, ju~gments, or
<br />lJt~ ~awfull)i ':,iSSE:5S€:d .--:iyalnst 1...t1t:
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<br />r:.l ~u;..t;::,-c:.:t~
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<br />2. To insure ilnd keep insured the Pr0mises clod ()ther
<br />irnprovements !)()w on 01" which ma.Y' hert--:>.a.fter be nlacf;:.d on said
<br />P:r:e-m.is(~s to the satisfaction ()f ~ the MOl'tyaqee. - i\n)-' po:! iCl!
<br />(-'vldE'n-c ing such insuranc(:;> shall be endorst.d ....:1 th a mortyayeE>
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