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(Propert; ~mpravement) ` Loan No. an~~oF~____~___.____
<br />THIS lNDt'~lTURE, made and executed this ~ 3 !+'a° -day of _!'~'~--`-L- -__ , is ?~ _ by and between
<br />Rind S. Mayhew and Karen A. Mayhew~husband and wife ____-_____,
<br />parties of the first part, and Commercial Federal Savings and loan Association, the party of the second part.
<br />WITNESSETi-l, that said parties of the Fmt pan, fcr and in ccnsideratioi of EIGHT THOUSASiD. AND NO/100-__-----
<br />-------------------------------------------------------------------- __(S _-8200.00___)
<br />DOLLARS, paid by said party of the second pan, the receipt of which is hereby acknowledged, have granted, bargained, sold and
<br />wm+eyed, and by these presents, do grant, bargain, sell and convey, unto said party of the second part, the falbwing described real
<br />property situated in the County of Hall and State ofNebraska , to-wit:
<br />The East 1j3 cf Lot fhte (i) of Windolph`s Subdivision of part of the West Half
<br />of the Northeast Career and part of the East Half of the Northwest Corner of
<br />._ Section 14, Township 11 North, Range 9, FJest of the 6th P. M.; in Hall County,
<br />Nebraska.
<br />together with all the tenements, hereditaments and appurtenances to the same belonging, and all the estate, title, dower right of
<br />homestead, claims and demands whatsoever of the said parties of the first part of, In or to said premises or any part thereof; and said
<br />parties of the first part do hereby covenant [hat said parties of the first part are lawfully seised of said premises, thaT said premises are
<br />free from incumbrance. except any liens of record as of this date.
<br />and that saw parties of the first pan viii warcant and defend the title to said premises against the lawful Maims arxi demands of alt
<br />persons whomsoever, except as above set forth. Parties of the first pan furtlermore specificalty covenant:
<br />hbt to suffer any change in ownership of the rea! estate mortgaged herein, by sale, either outright, or by land contract, or by
<br />assignment of any interest thereon.
<br />PROVIDED ALWAYS, and these presents are upon these wnditons:
<br />Wt~REAS, said parties of the first part have executed and delivered to said pang of the second part Tf1eir_
<br />puemissory note of even date in the gross amount of $ 10,729.80 _
<br />NOW, B the said parties of the first part shall welt and truly day, or cause to be paid, the said sum of money in said note hereinbefore
<br />mentioned, with interest thereon accor~ng to the tenor and effect of said n-ote, and shall duly keep and pertorm alt the other cevenants
<br />and agreements herein contained, then these presents to be null and void. Butrf said sum of money or any paR tttereof, or any interest
<br />ihereort, is not paid when the same is due, orrf said parties of the first part shall fail to keep and perform any of the covenants herein
<br />contained, the Kober hereof shall have the option to declare the whole of said indebtedness due and payable at any time attar such
<br />faunae or detautt, and may maintain any action at law or equity to recover the same, and the commencer-+ert of such action shaA be the
<br />Defy notice of the exerrxse of said option required.
<br />un,,,cac,~c R ~ ~__~ ~_.._ ..._- ~-.- --_---~ :~ PAY mp Pant of the second pan, whereGy
<br />,.y+.~,, „~ v W c.Qy c~nerecr +rna a Pra i rovemeni Loan Contract with
<br />they have received a loan of $ 8.000.00 an the above described real Property, as evidenced by
<br />the promissory note nte,~5aned above, and as further security for said loan and as a part of the wnsir+eratian for making said ban
<br />oorrtraa, the uredetsigned, R default be made as therein provided, hereby sell, assign and set over unto P~~( of the secorett part, the
<br />rerRs, issues and pr~fus of the real estate above described to have and to hold the ,arrre until the sum of $ ._ n-~ X00.00 _____
<br />and interest as provwed in said ban centred are laity paid-
<br />The uredersigitetl hereby appoint the Party o2 tt>° sacar±d paR as their cKamey in fact, giving said attorney pov,ar irrevocably, either w its
<br />awn name or our Warne, th fake all necessary steps for proceedar~s, in court or otherwise, fa collect rentals due on said premises and,
<br />when vacant, th relet said premises, ail at such times and in such manner and on such terms as to said attorney may seem best.
<br />IN TESTFMONY WHEREOF We _. __._ .____ have hereunto set _Our ~~ ~ date
<br />last above written. - -- -------_ ---
<br />~-
<br />' d S. ~Iay2iew
<br />~ _ : _
<br />~ -en A. Mayhew
<br />STATE OF aMEBRA,SKA
<br />ss
<br />Ha11 (`,~+~,
<br />On this -~ ~ day of ~bf",c2+--~ , i9~' ,before ma, the undersigneo. a notary Public in and for saw
<br />County persons&yyc~ns ~ymoad S. Maviter aad Y.Areft A. M~yhgg., ttusban~and wife _
<br />~ me known ~ be the ids person wteose name & au+e attuned to the foregoing instrument and acknowledged tike
<br />Saline tri be ~' vokpttary axt and deed.
<br />YES my hared Bred Notarfad Sea! the day and year last above written. _/~ ,~}.~~ s ,/1 '
<br />~EiMtf1~lr•71Ynt~ __~~!J~ l~«`~-~-~! -?~'~
<br />111YY01O 0. ~ Notary Public
<br />rb fena 6F Qs.1'l,1fJy
<br />~Y cmmnare expires the _~~~day of _ ~-~_ , , 5 _? P
<br />M-1 )2
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