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79001658
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1/12/2010 8:45:57 PM
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1/12/2010 8:45:34 PM
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DEEDS
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79001658
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<br />Position S <br />USDA-FmHA <br />Form FmHA 427-1 NB <br />(Rev. ~-3.78) REAL ESTATE MQRTGAGE FOR NEBRASKA <br />THIS MORTGAGE is made and entered into bv --~-•~---a'''~ ~~'-$-~'~--- <br />___•~ artd wife earn in his arxi her awn ric~h~t and as souse of the tath~s,_.__-_._ <br />residing in ---- --~1~-------------------- County, Nebraska, whose post office address is <br />Ei~X.~, ___-~____.~____kk2SX1~3?:Y~ -_---_-~.- , Nebraska --- 68883 <br />herein carted "Harrower;' and: <br />WHEREAS Horrower fs indebted to the United States of America, acting through the Farmers Home Administration, <br />United States Departrrxnt of Agriculture, herein called the "Government," as evidenced by one o• more prorttissary note(s) <br />or asstrmptiort agreetrrent(s}, herein called "`note," which has been executed by Borrower, is payable to the order of the <br />Gaset-amen[, autharizes acceleration of the entire indebtedness at the option of the Government upon any default by <br />Borrows, and is described as follows: <br />Armual Rate Due Date of Finat <br />Dlatr of Insinrmrnt PYiruipat Amount o Interest Installment <br />1 26r 1979. $8r 300.00 8 3j4$ I+~nch 26r 2012. <br />glad the note evidences a loan to Borrower, and the Government, at aoy bete; may assign the note ~d instue the payment <br />thereof pmsaant to the Caawlidated Farn+ and Rural I}evelopment Act, or T isle Y of the of the Housing Act of 1944, <br />And it is the pa:ptsse and ideal of this instrument that, amoung other things, at all times wheo the note is held by the <br />t"iaYetnment, or in the event the Government shorild assign this instrument without insurance of the note, this iostnsment <br />shall secure payment of the note; bd when the ante is heM by as insured holder, this instrument shall net secure payment <br />of the note or attach to the debt evidenced thereby, but as to the ante a~ sacb debt shall coastitnte as indemnity mortgage <br />to secwe the Government against lass ender its insurance contract by reason of any default by Borrower. <br />IiQi, THEREFORE, to cosssideratiat ~ the loaa(s} and (a) at all times when the note is Reid by the Government, or is the <br />event the Government should assign this iastrnmmt without insurance of the payment of the note, to securt prompt payment <br />of the sore aed any renewals sad extensions thereat asd nay agreements rndained therein, indading nay ptravis-son far the <br />payment ~ ere ia~raace err other charge, {b} at all tires when the note is bdd by as insured herder, to secure performance ~ <br />Sarrower's agreement herein to iademnifq and rave harmless the irriverSment aga~st lass user its iasmaace contract by <br />reaaan of soy defeat! by Borroter, and {c) in any eyed and at ail times to sectsm the Prompt payment of all advances and <br />e~tares made by the Gnvenmart, with iateml, as hneiasdter described, and the perbacmasce of every coversant sad <br />agreement art Borrower t~taiaed berate or in any sapplemedary agreement, Borrower does hereby great, bargain, sell, convey <br />sad sssiEA, rith gewal warrantg anro the GovernaseN the folionng property situated in the State of Nebraslu, Conaty(ies) of <br />lDt iW (2}: in Block Otte (I}r ].ri East 23orth I,~tt; T~tf~dlt32]tt to tlt2 <br />i=?tom ssf mod River, I~~. <br />9C8~ to a Fixs-t a in favor of raatte9rs Ham Rc~stinistration in an <br />e'~E7tYtt t7Dt t71 t~Q7eed $24r7a0.Of}. <br />_ f i. <br />FmlfA 427.1 NB {Rev. ?3.76} <br />~ ~ J <br />
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