|
<br />84 - 006186
<br />
<br />.....,..,-"...._~"!!"', nt'~ T
<br />,::)~\,..V1...U L\.J.:.oCl...1..I
<br />
<br />EST~..TE MORTGAGE
<br />
<br />r
<br />
<br />THIS MORTGAGE is entered into between GARY L. BORUCH and
<br />DENISE BORUCH, husband and wife, each in his and her own right,
<br />and as spouse of the other, hereinafter referred to as "Mortgagor"
<br />and GEORGE A. NEWCOMB, JR. and KAREN J. NEWCOMB, husband and wife,
<br />herein referred to as "Mortgagee."
<br />
<br />~
<br />
<br />L
<br />
<br />
<br />l-iortgagor is indebted to Mortgagee in the principal sum of
<br />Tho T.OOusandNmeHurrlred Forty-Four Dollars Seventy f'ents ($2,944.70) evidenced bv
<br />M0rtQaQar's Note dated the 16t-h day or l'Jn'u~...-r ~ 19H4 t orovr;;"
<br />~- ~ - .-'.- - --..
<br />ding for payment of principal and interes-t, with the- bala'nce;,'of
<br />the indebtedness, if not sooner paid, due and payable ,on January
<br />1, 1988.
<br />
<br />To secure the payment of the Note, with interest as provided
<br />therein, the payment of all other sums, with interest., advanced
<br />by Mortgagee to protect the security of this Mortgage, andtl'1e
<br />performance of the covenants and agreements of the Mortgagor
<br />contained herein, Mortgagor does he"~hy grant a secondmortl;1age,
<br />and convey to Mortgagee the foDe".': '';'i;,,(iescrib:'',1. property located
<br />in Hall County, Nebraska:
<br />
<br />The Easterly 70.5 feet of Lot Ten (10) in Wades
<br />Subdivision of Part of the Northeast Quarter of
<br />the Southeast Quarter (NE~SE~) of Section Eight
<br />(8), Township Eleven (11) North, Range Nine {9f,
<br />West of the 6th P.M. in Hall County, Nebraska,
<br />
<br />together with all improvements, fixtures, easements,
<br />leges and appurtenances located thereon or in any way
<br />thereto, and the rents, issues and prOfits, reversiollS
<br />ders thereof; including, but not limited to,
<br />equipment and such personal property as to
<br />ments so as to constitute a fixture; all of which,
<br />replacements and additions thereto, is hereby declared
<br />part of the real estate secured by the lien of this
<br />all of the foregoing being- referred to herein as the
<br />
<br />MORTGAGOR FURTHER COVENANTS AND AGREES WITH
<br />FOLLOWS:
<br />
<br />1: Payment. To pay the indebtedness and the interest
<br />as provided in this Mortgage and the Mortgage Note.
<br />
<br />2. Title. Mortgagor is the owner of the property, has the
<br />right and authority to mortgage the property, and warrants that.
<br />the lien created hereby is a valid second mortgage lien on the
<br />property..
<br />
<br />3 . Taxes, Assessments. To pay when due all taxes I special.
<br />assessment.s and all other charges against the property and, upon
<br />written demand by Mortgagee, to add to the payments requirecLunde.r
<br />
<br />L
<br />
|