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<br />$ ~ ~. ~~ ~ 2.1. ~ ~ REAL ESTATE MORTGAGE
<br />KD?O:J ~:,L a2EN BY THESE PRESENTS:- That ALVIN DENMAN, also known
<br />~ as ALtiIN A. DENMAN, and SHIRON DENrlAN, husband and wife, in
<br />consideration of the sum of TWO HUNDRED THOUSAND DOLLARS {$200,-OOff.00)
<br />in hand paid, do hereby sell and convey. unto THE BANK OF°WOOD RIVER,
<br />Wood River, Nebraska, the following-described real estate:
<br />An undivided one-half {#) interest in .Lots One:
<br />{1) and Two (2} in Section Thirty One (31),
<br />Township Ten (10) North, Range Ten (10)` 'vest
<br />of the 6th P..M:, hall County.,. Nebraska {with other land)
<br />TO `HAVE AND TO HOLD the premises above-described with: all appur-~
<br />tehances thereto belonging, unto the said mortgagee and its successors
<br />and assigns forever, provided always, and these presents are upon
<br />the express condition that if. the mortgagors; their heirs,. devisees,
<br />personal representatives, and assigns, .shall pay or cause>to be paid
<br />to the:. said mortgagee, its-successors and assigns, the principal sum
<br />of TWO HUNDRED TfI©USAND DQLLARS-{$200,000.00), payable according to
<br />the terms-of a Promis ory-Note of this date, with interest according
<br />to the terms of, said above-described Promissory Noteof this date, ,
<br />and-said mortgagors, their heirs, devisees., personal representatives
<br />.and assigns, agree to pay ail'.taxes and assessn~en'tslevied:on the
<br />above-described real estate and. all other-taxes,-levies and assess-
<br />ments levied on this mortgage or the'Promissory Note which this
<br />mortgage is given-to secure, before the'same becomes delinquent and
<br />to keep the buildings on said premises as well as a11. improvements'
<br />insured in an amount at least equal to replacement-'cast, with loss,
<br />if any, payable to the said.:mcrtgagee,; its successors and assigns,
<br />then 'these. presents to be void, otherwise to be and`reman in fu11
<br />force and effect.
<br />IT IS FURTHER AGREED` tl) That if the said mortgagors, their
<br />heirs, devisees, personal representatives and assigns, sha11 fail
<br />to pay such taxes or procure such insurance, the mortgagee, its
<br />uccessars and assigns may ;gay such taxes and procure such': insurance;
<br />and the sum so advanced,. with interest at Seventeen Percent (17~),
<br />shall be repaid by said martcragors, their heirs; devisees, personal
<br />representatives and assigns, and this mortgage skull stand as security
<br />for the same. (2) what a failure to pay any of said money,. either
<br />principal or interest,,when the same become due, or-a failure to
<br />comply. with any of the fareyong agreements, shall cause the whole sum'
<br />of money fterein secured to become-due and collectible at ance'at the
<br />option-of the mortgagee., its successors and assigns-.'
<br />Si t ris _~_ day of May. 1982_
<br />f
<br />Witnes Alvan Denm}ja~~~n
<br />[,iztness Shron Denman-;
<br />STATE t3F NEBRASKA )
<br />). ss.
<br />COUN`T'Y GF HALL J~ )
<br />Or, this: - '°~ j day of May., 19$2, before me, the undersigned _'3otary
<br />Public in and or said County and State, personally came Alvin Denman
<br />and Shiron Denman, husband and wife:, to me known. to be the identical
<br />persons executing: the ,above. and foregoing mortgage, and they acknowl-
<br />~d~~d t^., exeeutian thereof to be their voluntary act and deed for
<br />the p:~rsmses therein. set forth.
<br />Sw~tz~~ss my hand and notarial seal/t`he~day: and year above written.
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