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<br />Pf,A 73• tt REAL ESTATE MORTGAGE
<br />t7.73) NEBRASKA
<br />SOPan-End: To Secure Present snd future Obligations end Advances}
<br />~1~~~f~~~ Date March 12, 1979
<br />James S. Reed and Precious Reed, husband and wife and James D. Roth
<br />Donna F. Rothr husband and wife , Nlortgagor(a}.
<br />of Hall County. Nebraska in
<br />consideration of the advance of the principal sum reeiteden the note hereinetier described and in consideration of lutvre
<br />advances made br~t mortgaq,~e to mor(gagoris) or any of them as haroinatter provided. hereby mortgages and conveys to:
<br />Ce~t+erczal National Bank & Trust Cow _
<br />whose principa! office is at -•g-2c~i,-dzd_S~rae~~•~3~s~~nd, NF~ ,Nebraska, Mortgagee.
<br />the following described roai property ~n Hai ..__ -.__ County, Nebraska,
<br />sPbje~t io oil. gas, and mineral rigfits owned by parties other than Mortgagorlsl: existing easements of record:
<br />reservations in ttnitati Stales and State patents: and the rights of the pubfic in all highways:
<br />. _t~ g; s},r rn) , Thirty_Fnitr {?d) , Thi rte.-five t?5i , Thirty-ai nht t 3fll , Fr~rty 1401
<br />Forty-one (91}, Fozty-six {46j, and Forty-seven t47), Potash Subdivision, Hall
<br />County, Nebraksa
<br />COlfUiitiifQ lots acres, more Or lass. according to Government survey: togethst"Gvith allot the right, title. and
<br />irtierast o! the lWartQe$oriti pt ssid propanY now owned. m hereafter acttuired. and mcltading all buildings and
<br />itnpsoyentents now txt, or haredtsr pieced upon. said rest property: including also alI water, irrigatron, and drairuge
<br />rights.
<br />7ltis r*p*tYaYe is given to secure:
<br />~t q ~~ ~~ --- Marsgaclorutrs Mortgagee.
<br />in t~ piixyat swn otd~°z - =-I5fi0;fRt1"~.r~~l --- DOLLARS.
<br />psyefaie vraiih inlarest accardinp to the terms o! said note and any instruments taYan in refinancing, a:tending. or
<br />rartewing said indsbtadnass or any Dart ttaarrof.
<br />tLt Any future advancels}, rwth inUrast- wrfiicr+ r^+Y Ot .credo from tame to time by Mortgagee, at its oPtron, to
<br />lNort;iportsl. ar ally at than or ttu;r succasso+ts *:+ tKN, tar anY purpose .n any amount or amounts. provided,
<br />Itotvetrer. that sutdt hrture and addrtionat advaacys} shah be so txrtited tut t ~~ttLttsl,,gqrrt~tyi ,pyt+ts outstanding
<br />at eoy ors timt shad not escead ttu sum at ~4"'~Y T-tousattd ~ no tali i~4t1. ~yu! --'DOLLARS.
<br />and provided lwther tM future advancers} tw made shad be payable in accordance with the farms o! a Promissory
<br />note or rotas vrttictt may tae fatten to evidence scald: sdvartceist or sny pare tha:eof.tltte options! sdvanca{s}herein
<br />auttsorixad shad ba considered sdditirana! to the ;tdvance!s} hsrernatter authorized to be made by the Morigsgae for
<br />tlsa protattiat of the sscwiq or Mongagae's mtewst ihvem }
<br />The aaorigags to rte void upon the payment in tu0 wnb wtHrest nt arW nat~atrens, present rsr future. secured or to tat
<br />Ttq Mirrigagorrs~, aetd each of ihartt. hpsrty wsrrarrtlsl Etsat that are tee owner of itae mortgaged real propenY: the:
<br />they tartlt• lead dte title spai:tst aft ci~manis rd+orrtsoaver, and they relrn+quuh alt rsghts of homestead in said premises.
<br />std tseawnt artd st#raa vwih the iYraatgagae as lahows
<br />ti ~ TO pay erhw dW ~ taaK.. inane. p,dgmenas. w asaessmar+ts which rosy tae lawfully ::sassed sgamst the property
<br />tsetaia nsatfgyt~pad. ertd tits rsrttai titaryez upon any leases aas+gned as addrtr[artal security for this mortgage
<br />tai 3a irreute and tcaep inssarad Oui4dartgs awut ottiu inspravamar+ts Horn or+ or rrhacA nsay hereafter be placed on said
<br />pa~trtitsat to life tcstialattitan aR the ftfiattgagee Arty policy avidencvng such rnswance sfitu txe endorsed with a ntortgsge
<br />Matra. ipprowd tag acrd in lever a# tttortgagae, and dspoasted vriM. loss thereunder to tx payatae to. Mortgagee as its
<br />iatat ttae>r a_ At tdta option of ttAarigagarrsj. and sutyect to gtrasral ngulattons of the farm Credo
<br />ltdrtirto~st3iart, scants ct+recaived tsy Ittoragagse atiytre used W MY ~ reconstruUwn otlhe destroyed improvementis}:
<br />tx. ~ set toe ttpptied. may. at the optitet ai tltortgagee. ha trpptiad hr peyrscent a! anY irtdebtetfrtess, matured ar ratmaturtd.
<br />»tfarrd M Otis mtortgaga.
<br />To a9 Lugs srxtrp~d sttd in goad rtpir, arul to refrain trace, the Gorttmitaiart of +nY aces at ttvnptnd.
<br />fbeeoiiraw ar issrgaietoaart thereof: tmt to cxs tsr rarrnova, ar permit to tx cut aw reaaovad. +~tY avtrad or trrrrisar tram said
<br />aatr #~Oyerty. sad !a caRanit car hermit na wasM a+ irrrpaumant of th.a ralua o! ttf ii security. to continuously pia CT~C r'
<br />adpeavad eadtoos trf farrrsifeg an saw tends, to prevent voataa and tfw spread of rtaxintla sad damagatq .r„eads, and to
<br />peawve the tani?ritY of Nee aa9.
<br />TLei w tssa suaaz lfkartysyertss~ #agts! W flay tvhsn dw aaY tare:, nmd charges upar+ arty Mtttses a:signed as
<br />srtl~3~asMd for ~ avnrtgaga. tierce. data. or auezsrrtants tauvtuHY assessed against the property herein
<br />pteea~s~. a ta~ittaj m ntairstaitt inswaeaa u tteraat6etore provided, Mortgagee may matte such payment rx proveda
<br />twdt iayoealsaa. awA the tertatutt#sJ paid tftarettair strait fsecame a part at [M indebtedness secured hereby. due and
<br />payttfzte i~adiaYdtr. aisd ftt#!4 Lear inswest at the cwr+tnt rata of the (niartga$ee at the lima the Mortgagns makes such
<br />tss~t=
<br />~~ Ttt# iq lire e+rMt Of{#} +~sf in tfta peyrftrtf of said pritsi~f sum, rn is ttra rapayrssent of any sdditisnat
<br />Rt~sss haett~+t peavidet#_ ea of arty inferast ttwaott. at the lime rtA+en the w*te shah be due. ar with respect to
<br />ally Of-tSaA~att ttateot. RlMn, s! st+eaptiow of t#~agas. ttte entire vtdebtadness secured hereby :hart
<br />~Lt+ec~altwtptd, +"Zf+Ntle.>dtailttgsieteresfaitMiasrrentrataofthatltfortgaqeeonttsedatsofthedettult.snd
<br />trite ~ ~ ~fY foraefeeis ibis atortgsga ar pt~ ally outer avadafile legal remedy. to the avant of any
<br />sWiart ftq ~Brt!!• to anhEres sgtteeivott of Nee rrtntt~a~r deLa, the Mangagor(sj tigresis}that any expense incwred so
<br />proCLra-ar e;taea! art aLsiraet of title staAl, rotten paid by Mortgagee become a pan of the debt secured hereby. and shall
<br />tr paid Ly iNortgagte~rrsl together wills aH of ttse usratsfe casts of such action
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