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<br />~2°°~t~02523
<br />t U i2CN l ~i}'. 'tiNi'. ]' I«_-~ L !•.:iT l"i ~,,,~+T ..~ , }• ,
<br />DALE WHITFFOOT and _ Jeanne n ,bsurtz .iu3 ~ t ~;:h
<br />in hjs and her own Hems and ri~_ht an,± ~~
<br />as spou,c <+t ~t i~l~ ,, r , z~, At,,i r .-
<br />jointly end severally, n ,cns~derar,on in tkte Burn-, t i ~r-t~-eigirt T! ouaud
<br />Dc :tars ($43,000.00). !nor*ea~e to Ik:is :~1. BF;NRF,A'ilTan~t t`.LiPFORt} G: REfiREVUT,
<br />as tenants in ~,ortcnon, '4,rtga~ees, the foll~~wine descrzi~cdre,i1 stn
<br />i2 .171 1{a'! .
<br />Counry, Nebraska:
<br />Korth Half cI the Verthwest~t}uartc:r iN~!nld'r) of .tieerio^
<br />Twenty-eig~t I,J9;, T,,wrtsftzp Ten 11 U) ;North, 'hacn~E Tuelve
<br />(i2), M'e~st of file E~th P.Af.
<br />This is a Purchase Money.-Real >rstate Mi~rt<,ge secur•in~ part ct the considera-
<br />tion for the sale and conveyance. of the real.. estate'hy Mortg.aSees, to ~(crt;ua~ors
<br />on June 10, 1913. This Mortgage is given to Secure thr pa}m~ent of ti:e princi~il
<br />sum of $48,000.00, withinterest from-June1.0, 1~~~`,
<br />t the > to cr i~ht per_
<br />ceat [6~) per annum onthe unpaid balance of'prinei~ pay-~~le 1n ~stallments
<br />according to the teams of a Promissory Note dated Junc :~~,
<br />delivered by Mortgagors' to Mort a ees; the = `''ecuted and
<br />~ g g principal ar,a inh est t.e~ng }ay-able
<br />in instalments as follows:
<br />54,900.OO,;with interest,;.on June 10, LJ~3;
<br />S4,SOO.OO, with interest, on `June 10, 1984.;
<br />54,800,00, with interest,, on June 1G, 1985.;
<br />54,800..00, with interest; on June 10. I~86;
<br />54,800',00, with interest, on June 30, 1987:
<br />54;900.00, with interest,. 'on June 10, 1988;
<br />54,800.00, with nteresr, on June 10, 1989;
<br />54,800.00, with interest, on June 10, 1990;
<br />$4,800,00, with interest, on June l0, 1:8.91:
<br />54,800.00, with interest, on June 10, -`a81.
<br />The Promissory Note provides tive'is of the essence of this yromissory
<br />Note and if default zs made in the payment of any irstallment of principal ,
<br />interest, the holder of he Promissory Note may, without notice oz~ demand, de-
<br />clare the entire principal sum then unpaid together with accrued interest. ttzereon
<br />immediately due and payable. °Upon default of payment of any installment of
<br />principal, the unpaid installment of principal bears interest at the highest
<br />legal rate.
<br />Mortgagors agree to pay all taxes and assessments upon t_he real estate
<br />and all other taxes, levies and assessments levied upon this Mortgage and the
<br />Note which this Mortgage is given to secure, before ;viyrnent is delinquent. li
<br />Mortgagors fail to pay Che taxes and assessments before delinquent, 14ortgagees
<br />may pay the taxes a~ assessments or other liens and are river. a lier. secured
<br />by this Mortgage for tte amounts advanced with interest ar the highest legal
<br />rate.
<br />Mortgagors have no right of prepayment of the indebtedness secured by this
<br />Mortgage.
<br />If Mortgagors default in the payment of the indebtedness or any installment
<br />of principal or interest, or fail to perform any of the other agreements in this
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