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~~~-- aaU0fi0~? <br />REAL ESTATE MORTGAGE <br />JOHN H. SCHULT2 and EVET,YN D. SCHULTZ, husband and wife, <br />herein ca]:led the Mortgagors, in consideration of the sim of TEN <br />THOUSAND AND NOf103 DOLLARS ($IO,D30.03), do hereby mortgage to <br />BANK OF WOGD RTVER, WOGD RTVER, NEBRASKA, herein ea.lled the <br />l+Yortgagee, the following-described real estate in Hall County and <br />State of Nebraska: <br />The East Ralf (^c~) of Lots Four {4) ar.d Five {5) <br />and the East Half (E'~) of the South Twelve {12) <br />Feet of Lot Three {3} in Block "H" in MacColl and. <br />Leflang's Second Addition to the Village of 'Rood <br />River, Nebraska. <br />This 1`Yortgage is given to secure the payment of the <br />principal sum of Ten Thousand and No/100 Dollars {$10,000.03) and <br />interest thereon, according to the terms of a certain Promissory <br />Ncte of even date, executed by the Mortgagors to the .Mortgagee, <br />due the 15th day of January, 1983. <br />The Mortgagors shall maintain ire, windstorm and extended <br />co~rerage insurance with a mortgage ciause an the buildings on <br />said premises for at feast Ten 'Phousa.nd and t+oli00 Dollars <br />Tn the event of defau.it in the performance of env of the <br />terms and conditions of this Aortgage or the Note: secured by it, <br />the Mortgagee si-iail be entitled to immediate possessi.or. of the <br />property above-described and ail the rents, revenue and income <br />derived trerefrom durinq_ such time as the rilortgage indebtedness <br />remains unpaid shall be applied by the :•Yortgagee to tsle payment <br />of the Note and all other sums secured hereby after deduction of <br />any necessary costs of collection. <br />Signed this ~'~ day of February, 1982. <br />/~. ~~ f! ~ <br />,i ;-John H. Schultz <br />y i : f <br />Ev~ylyn D. 5chul~ <br />STATE OF NEBRASKA ) <br />(ss: <br />CGUNTY GF HALL ) <br />Before me, a Notary Public qualified far said CountLLr, per- <br />sonally'came John H. Schultz and Evelyn D. Schultz, husband and <br />wife, tv me known to be the identical persons who signed the <br />foregoing. instrument and acknowledged the execution thereof to be <br />the.i.r voluntary act and deed. <br />~tness ray hand and Notarial Seal an this fm day of <br />t <br />..a'„c,~s2.~:. 198 2 . <br />_J <br />~.=- <br />M~,i~ ~/.G~~ ':rte „ ., <br />yK~'°~` ~7otaryF ,ublic <br />r .-' t, <br />l <br />