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<br />gg....»f-g,..g,'~'J-g'E!(p$'1"G~R,~-¢Witb,Ta~r Clwa9pr) .as Huffman and Felton $ Wolf, 54alinn. Ne. 68461 f
<br />8'2 t~t-1~-~9
<br />i KNnW ,~gLL MEN BY THESE PRESE.~T'S: Tkat Emil hi. Tyma, Jr. and Ruth L. Tyma
<br />of Hall Co+e~ty; a>rd Slate of Nebraska , i~ ronsidefiatios of thasuw af~ ,i
<br />Twenty Thousand and No/1o0------------------------------------------------------DOLL 41ZS?
<br />ix named paid, do hereb}~ SELL arrd GOsYYEY wrto Grand Island Production Credit Association
<br />of Hall County, State o} Nebraska the fodiaacing described premises sites
<br />ir~ Hall County, and Stara of Nebraska , to-wit:
<br />Lots Eleven tIl) and Twelve (12) in Block One (l) Robinson `s Addition to Cairo,
<br />j €ia'd1 County, Nebraska
<br />T}re mortgage debt as shown stands as collateral security for the stated dollar amour
<br />of line of credit notes described in collateral agreement of even date signed by
<br />the mortgagor, and any future advances which ray be made from time to time prior to
<br />dine date of said notes under terms thereof, which will include, but not be limited
<br />tc~, initial and future automatic advances for the purchase of Class B stock and/or
<br />pa~rticipatian certificates of the mortgagee retluired by Section 2.13{f) of the
<br />~ FAsrm Credit Act o#' 1971, as amended (Public. Law 92-181--federal 3aw), and the
<br />additional Class H stock and/or participation certificates as authorized by
<br />Suction ~,13(h} of said EArm Credit Act of 1471, as amended, as provided in
<br />mortgagee's Bylaws to support the indebtedness evidenced by said notes. Said
<br />mortgage debt as shown will also stand as collateral security for renewals or
<br />extensions of°said line o' credit notes referred to shave and described in said
<br />f - collateral agr2erient trf even date herewith, The teas and provtsions of this
<br />paragraph 4l0 #OT Ct3~25TITUTE A CO1fTt~iiENT' i3Y TtfE ASSOCrTi;,li TO t~`,KE FtiTLRE
<br />AtYANCES, Ttae mortgage debt may be accelerated at the option of the mortgagee upon
<br />the default or non-payment of notes, renewals ar exter.sinns, provided for in said
<br />crttateral agre2tc~nt*, and the i?mrtgagee may, in such event, proceed to exercise
<br />ary rights it map have hereunder the same as default on any other obligation,
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<br />7'he " i~'T*4 to rons+r}+ lnrrtiry on clarclra,e t#ls in frt aimptr, inriudi~ ai! t;:r rigk,ix of homestead aced asst
<br />T(3 Ha4f'E ,r$.A%ia` :%'t~ 3OLS3 ties l+rsmier arasre dtsrsibad, rank alt tke a~>i~u,traamcar thereunto ~eZoasg
<br />earn tike sad aotlrtya;rrrlrj sand ice his, hn their iasirs and at,ti~rat forever, ~rn~ded a3wayr, a>rd theca presents
<br />a+p~s rlta gxprssr rn,vlitum than if the said ,rrr~rt~:.t~us{sj, his her or t7irir hriss, szarutarr, admaeiatrat~t or axes
<br />shy po;~ or ra+ire! to 1'r t~~ tier xrtid txor7gagte a,,, his, #~» +ar thaim~ Fetus, rxstutcrrr, ad+nix«strntars or arxigrrr,
<br />,w,tebn xtnrr ref S 20,u~t~,t§0 pwzyatrte ar folFoxtar, to u+t: Apri i S, 1987
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<br />', pith rrrttrost aurt+ratirrg to tie f rater and rff~rt O~ the uwartgagorb s-astta~e pfiamurar'° hots laearsng eva~a date mit3t thrraa
<br />prrsr~wt.c atKd sFiaA paY sett tares axed ararersxerrnts retried upon saui seat asters, aced art other lsxer, levier amt aerresrrnents~
<br />Irc,ied ee~on this nscrtpa~s cr the sate ardtirh ihu it grace to sscurs, btfofie the same bsconaea delinquent, ond~
<br />' krs}+ the twitdin~s an sand praiser taetsfrred for the sstrw of $ to_=s. s"f any> ¢a}~bie to tie sa±d~
<br />n,ortgoysr, taste r?tear pr'rse,ata to bt void, athsrxvirr to bt aced retxsin in turd farce.
<br />iT iS FUR7'IiETt rtNf2EEL7 {a} That if .the said rnce-tJ' shall tali to vary such taxes or pracsar such $x-~
<br />ayrroncr, tht seta euart~agcr +aary pay xsecFr fans and brocnrs s+rtia inswmnre, rand tttt sum so advatrced, unit interest;
<br />of Irsr' erect, siiati 8e rsp~*id by said +nantrpagor; anal this +nortgogt sFtaft staved as srcuriNy for the same.;
<br />r"af T1,xi ar i~rs~ ~ of .acid 7 +'it+~n fF*+nrap~ ar i*t,rrrst, whs» the same 6aconrr:3 due, or a ~ritw°s to
<br />rarw~iy ¢~~'~`~ce„a+egn~ agrrerntntr, xiKttF cause sire a&ais sears ref enanty Tttfiein arse:td to bsromt dot arrdj
<br />catkcsbtt as o+rrr ai eke opAsore of tke ntartgety~ra,
<br />~stwsd this ~ wr.. ,rr,4 art z'(~L;.'~~,. tq r i. _..
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