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82=+it197'7~ <br />M~t1GAGE <br />THIS MOR2GAGE is made this ,~~1~ day of ryeVE~MQ,E 1982, between the <br />Mortgagors, Ricky L. Triplett an~'J'acqu-eline K. Triplett, hus nd and wife, each in <br />their own right and as spouse of the other, hereinafter called "Borrowers", of Hall <br />County, and State of Nebraska, and the Mortgagees, James H. Moore and Dorothy J. Moore, <br />husband arxl wife, as Joint Tenants with rights of survivorship, and not as tenants in <br />common, whose address is I04 East 14th Streets Kearnex, Nebraska ,hereinafter <br />called "Lenders". <br />WHEREAS, Borrowers, are indebted to Lenders, in the principal sum of Thirty-nine <br />Thousand Six Hundred and Nine nine ($39 699.00 DOLLARS, which indebtedness is <br />evi a prom ssory note o Borrowers, ereinafter called "Note", dated <br />Iy ~/ /~ Z payable on demand; <br />TO SECURE LENDERS (a) the repayment of the indebtedness evidenced by the Note, <br />advanced in accordance herewith to peotect the security of this Mortgage, and the <br />performance of the covenants and agreements of Borrowers herein contained, and {b) the- <br />- repayment of any future advances, made to Borrowers by Lenders, Borrowers do hereby <br />rtartgage, grant and convey to Lenders the following described property located in the <br />County of Hall, State of Nebraska: <br />Lot Two (2) in Block (2) in West North Lawn Second Addition to the <br />City of Woad River, Hall County, Nebraska. <br />which has the address of 1403 Dodd St., Wood River, Nebraska 68883 (herein "Property <br />Address'); <br />Together with all the improvements now or hereafter erected on the property, and <br />all easements, rights, appurtenances, rents, royalties, mineral, oil and gas rights and <br />profits, water, water rights, and water stock, and all fixtures now or hereafter <br />attached to the property, all of which, including replacements and additions thereto, <br />shall be deemed to be and remain a part of the property covered by this Mortgage; and <br />all of the foregoing, are herein referred to as the "Property". <br />Borrowers ~venant that Borrowers are lawfully seised of the estate hereby <br />conveyed and has the right to mortgage, grant and convey the Property, that the <br />Property is unencumbered, and that Borrowers will warrant and defend generally the <br />title to the Property against all claims and demands, subject to any declarations, <br />easements or restrictions of record. <br />Borrowers covenant and agree and agree as follows: <br />1. Borrowers shall promptly pay on demand of Lenders, the principal and interest on <br />the indebtedness evidenced by the Note, and any Future Advances secured by this <br />Mortgage. <br />2. Borrowers shall pay all taxes and assessments levied upon said real estate, and <br />all other taxes, levies and assessments levied upon this mortgage oc the Note which <br />this Mortgage is given to secure, before the same becomes delinquent, and keep the <br />buildings on said premises insured against loss by_~ire, and hazards included within <br />the- ter~~;"extended coverage" for the sum of $ r ~t loss, if any, payable to the <br />said Lamers. <br />,3. Harrowers shall keep the Property in good repair and -shall not commit waste or <br />permit impairment or deterioration of the Property. <br />'IT IS FURTHER AGREED (1) that if said Borrowers shall fail to pay such taxes or <br />procure such. insurance, the Lerxiers may pay such taxes and procure such insurance; and <br />the soon advanced, with interest at ~r~ per cent shall be paid by said Borro~rs, <br />and this mortgage shall stand as security for the same. (2) That a failure to comply <br />with any of the foregoing agreements, shall cause the whole sum of money herein <br />secured, together with advancements made, to become due and collectible at once at the <br />option of Lenders. •~ <br />Signed this ~ day of N~ Lpi44iF/(, 1982. <br />In presence of t{~ <br />STATE. , ;.__ . r COUN'T'Y OF SU,FFAtAa <br />Before tee, a notary putrsie qualified for said county, personally came Ricky L. <br />Triplett. and Jai~queline K, Triplet, husband and wife,.known to me to be the identical <br />persons wt-o signed the foregoing instrument and acknowledged the execution thereof to <br />be their voluntary act and deed. <br />i~itneae'my hand arx3 notarial seal on ~~~,~ ~. 1982. <br />mac. a ~~ <br />~~~ Notar v <br />Mi+ cra+cmission expires• '=p~ f+FJ~'3 <br />