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78008038
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Last modified
1/12/2010 1:53:07 PM
Creation date
1/12/2010 1:52:35 PM
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DEEDS
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78008038
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<br />nbsirion s <br />fJSi)A-FrniiA <br />dorm Fmt-IA 427.1 ltiB <br />{ltev. 7-3~7ft) RTtiAi. ESTATE Iv1f5RTGAGF FOR N~B3ZASKA <br />r7~tS MC3RTiAGE is made and entered into by _-~~---~ ~-~]ER5 `-1t~ c~'~trrr~`~ Fi _c_ <br />~ ~ trifer eaC~t is ~ atxi $3~' o~rt xt~dra3 as of tI'~ otI-~.r, .V._ <br />residing to .....-..~;.---_-•-~- ....___ -County; Nebraska; whc~ post- rrffice addt~ss is <br />._.._~t2te 3, Sax 213r ~Ntxxt River ~~ 68$&3 <br />__.____.._--•_...,- ,Nebraska <br />ii rcirt c~iied ")iriftowex,' and: <br />ACF;~Ri:~$ $orrowei- is indebted to the United States of Arrmrita, acting through ¢he Farmers i~ortte Administration; <br />.;a:e~{ States i7eparistant of kgric¢$trtre, heiein tilted the- `_`Govemrmnt," as evidenced by one or more ptomisstzry trote{s) <br />or as;uinptttan agreement(s), herein called -"note " x+hirh-has been estecu#ed tsy f3orrawer, is payable to the order of tits <br />i;overirrrtent, aarltotizes acrxlt:ration. of the smite indebtedness a# the option of the Gaverrtrrten# upon any default bj+ <br />.Borrower: and is dessriiaed as:foliowa: <br />Amruat Rate Due Date of Eenai <br />ate of ttrst+umsn~ Prirrcipttf Amount o f+xterut Irrsfatfrrierrt <br />D'_f7r -197$. $71,000:00 $'°i$ 6r -201$> . <br />.And the mte evidences a loan to Borrower, and the Government, at any time, may assign the note and innate the. payment <br />ttr~~f pursuant to the Consolidated Famr and Rrual i~vetopment Act, arT isle V of the of the liousisg Act of 4449; <br />And it is the pnepace and intent of this instrument that, amoung other things, at all times when-the note is held by the <br />Government, of in the evert toe Government should assign thin instrument without insurance o€ the note, this inatruarent <br />shall secure payment of itte rite, but when the mate is held by an insured bolder. this instrument shall not secure p$ymeat - <br />of the note or attach to tits ddtat evidenced thereby, bat ss #o the note and such dt~t shall constitute as indemnity a~stg4ge <br />to secure the Government against toss aader its insurance contract by reason of any d~raalt by Boarow>s. <br />Ids, Tfft3RBFi7RC, in consideration sd the faaa4s} sad (a} at ail times when the sate is 4eEd by the Government, or in the <br />event the Goverment abwld assign tills instrarnent without insurance of the payment of the ears, to secure prompt payment <br />of tltt nett ~d any r~ervvals and extensions thereof and any .agreements cro~sined therein, iaclndiag mry peovision for the <br />gayment of an in~xrnxe or att®tr charge, (l+j at ati tim_ es when the nee is held tsy ~ inanred bolder, to ascots rma~e r~ <br />Bo~uwes's ~ ixrein to indemnify and save harmless the Government against lass ender its i~atance coatractTay <br />ream of say de$`ault by Eozrower, aad (c) in any went end at ail times to secure the prampL payment of ail advances ant <br />rxpenditures made by the Goverment, with interest. as hereinafter described, and tt~ perhsrmmce of every a4vesaRf-sad <br />agreement of $orraieer crmtaiani herein or io any suppiemetetary agreement, Borrovrcs does hSrebY . min, sell, convey <br />:~ assi~, with general warrant}L unto the Government the following property situated ie the Sate sd' idebea~ca, Coanty(ies) ~ <br />ate fic~tt'h Half of the. Narthe~st trtex' (S) of Section Ei~3'tt {$) r <br />Elul tll} B~arthr Raxx3e l~lt?tT~'t (11I, ~7est of the 6th i3.id., <br />'-rt"~ af€ct~i3 iial~ of tirE l~"``'~~-t `Y't's~'ic~,' (~~ei Gf Sev.~^n *'.: ;°. r ~°-'~F <br />$lev+ert (lI? Narthr i'tartge Eleven tll} r West t3f t3]e 6th P.AL., <br />Sr.3CT` RC3 a itxartwgage in favor of Tim EquiT ~.e Life Asstasat~e Satiety of the <br />United States sat to exceed $46.400.00. <br /> i..3 <br />j 1, <br /> <br />
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