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<br />7$~ L- ~ d ~ fw ~ Potition 3
<br />Porter FmHA d2T•1 Ai8
<br />(Rev. ~-3.78} .:" REAL ESTATE MORTGAGE FOR I3EBRASKA
<br />THLS MORTGAGE a made and entered intta b ~!ichael R. and Patrit:ia F7. Fanowicz, T
<br />Y .~~~_
<br />_ husbafld and.Wif. e,._._.-.~...__ _ ~._..-___.._..-_.~__.-..-.....___.---^-
<br />,. residing in ---- ----~hj~-- County, Nebraska, whose .post offtce address is
<br />~? ,7 .7 Bridle Lanez~rand Ssland,~_. __-__._.~._._ -, Nebraska: 688tT1 ,
<br />hzreiit called "Borrower," dad;
<br />oKfffiREAS Borrower is indehted to the United States of America, acting through the Farmers Home _Adtnististration,
<br />United-States Departvtettt 6f Agriculture, herein called the "Goverzimeat," as evidenced by one or triote ~omtssutynofe{s)
<br />or assumption agreer»znt{sj; herein called "aizte," u+hich itas bzea executed by Borrower, is }sayab~ to the order zif tlia
<br />Gotreraxt~at, authorizes acceleration of the entire- indebtedness aF Yf',e option of the Government apoa any default by
<br />Borrowed, dad s described as fo!laws: _ -
<br />Annual Rare Dice Bate of Final
<br />,Date a Insrncmeni Prirccr al Amount o Interest IrateArnent '
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<br />Aad the ate evidences s fawn to Borrower, and the Goverrm+ent, at any lima, may assign the note and iasnre the gaymem
<br />thereof parsuant to the Consolidated Faem add Rural Development Act, ar T itle Y of fire of the busing Act of 14$9;_
<br />And it is tiro purpose and intent of this instrument thnt, amoang other things, at aH limas when fire ante is held by tke
<br />Goverment, os in the event the Govemm~t should. assign this instrument :ithout insurance of tee note, this instrament
<br />shah secura payment of the ate; but wben the-ante is held by as insured holder. this instrument shall nnt secure payReent
<br />of the note or attach to tha debt evidenced thereby, but as to fire note and sack debt shall constitute an indemnity aoitgage
<br />to secure the Government against ions uacler its insaraace contract by reason of any default 6y Borrower.
<br />KO~, TILF,REF"JRE, is cons=~atioa of the loan(s) and (a) at all limes when the note islteld by the Goveremeak or-i~ rise
<br />event the Govemmeo! should assign tHis instrument without insurance nt the payment of the note, to secure prompt payment
<br />of the mote and any renewals and extensions thereof anti -any agreements rnataiaed therein, including day provision fot'Ihe ,
<br />payment of an insurance ox other charge, (b) at all times when the onto is held by as insured holder, to secure gerfisr+e of
<br />Borrower's agreement herein to indemnify and save harmless -the Govemmart against loss under its insura~e eoitffiact by
<br />reason o€ aey deault by Borrower, and (c} in any event asd at all times to sa pure the prompt payment of all advaaees.aad
<br />expenditures made by fire Government, with interest, as hereinafter descrioed, ~1 the gedotmmrce of every caver~utaad
<br />agreemect at narrower contained herein ar in day supplementary agreemest, Borrower does hereby grant, bargain, sett, Davey
<br />and assign, with general warranty, unto the Govemment the following property situated in the State of Nebtsaka, Couaty(fes) of
<br />u~~?
<br />dot T~fenty Six (2(i) t~estern Heiryhts Thit~#fi Subdivision, Halal C©urtty, tlebraska
<br />FmIIA 42'-t NB (Rev. 7-3-78}
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