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<br />MORTGAGE
<br />This Mortgage is entered into between ALBERT GOODWIN AND
<br />,~ONITA M. ~QQDWIN. HUSBANQ ANp WIfE (herein Mortgagor}
<br />and THE STATE BANK OF CAIRO, A NEBRASKA BANKING CORPORATION
<br />(herein Mortgagee}.
<br />Mortgagor is indebted to Mortgagee in the principal sum of 526,000.00
<br />evidenced by Mortgagors' note dated i;ctcte: / 3 1982 (herein Note}
<br />providing for payments of principal and interest, with the balance of the
<br />,r'-
<br />indebtedness, if not sooner paid, due and payable on CctaLe: ~..r 1987
<br />To secure the payment of the Note, with interest as provided therein, the
<br />payment of all other sums, with interest advanced by Mortgagee to protect the
<br />security of this Mortgage, and the performance of the covenants and agreements
<br />of the Mortgagor contained herein, Mortgagor does hereby ^;ortgage and convey to
<br />t~rtgagee the fallnwing prnperty located ir. Nall __ County, Nebraska.
<br />The Northwest t~uarter of Section 20, Township 22 North,
<br />Range l2, West of the 6th t=. M., NaIT County, Nebraska
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<br />Together with ali buildings, improvements, fixtures, streets, alleys. passageways ' ~s
<br />easements, rights, privileges and appurtenances located thereon ar in anywise pertaining '``~
<br />thereto, and the rents, issues aruE profits, reversions and remainders thereof, all of
<br />which, including replacements and additions thereto, is hereby declared to be a part
<br />of Sloe ;~eal estate secured by Tile Tien of this Mortgage and ali of the *nregaing tYr.in9
<br />referred to herein as the ",t'rczperty"
<br />Mortgagor further convenants and agrees with Portgagee, as follows:
<br />1. Payment.. 'o pay the indedtedness and the interes*-*harean as t~rtrYided ', ..
<br />LhiS t~rt~ and the !tt>Le. _
<br />2. Mortgagor ;s Lhe Gamer c~fi the Property, has the right and auth~~ ".;a +r:ortragc
<br />the Pr9perLy, aid ararrant5 Thai the Tien created hereby is a first ;~n<~ ti: ,, i?prr .gin
<br />tMs Prty.
<br />3: =o pay when due ail taxes, ~peciaT assessments and aTT ct'?er barges a4iair,s:
<br />-the Property and, upon written demand by -~rtgagee, to add to the laa~rrent i-eyuireEi
<br />under the 444te seeurd~ hemp, such amount as raay be Sufficient to enable the r9a~rt:c~ai;ce
<br />t.ti pay such taxes, assessraenis or other charges as they ttecome due.
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