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<br />REAL ESTATE MORTGAGE roes ate zoo-ae (Rev. i-n)
<br />79-• ~t.334 ,
<br />p_te May 22, 1979 _ )
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<br />Delbert D. Hurst (also known as Delbert Y.urst} and Yvonne Hurst, husband
<br />auu wilt
<br />Mortgagors,
<br />of Hala County, Nebraska in consideration of
<br />the advance of the prim ipal sum. recited In the note here!naf ter described, rece!pt o.* which Ss acknowledged, hereby
<br />mortgage and convey to
<br />THE FEDERAL LdND BANK OF OMAHA, a Corporation,
<br />of Omaha, Douglas County, Nebraska, whose address
<br />is Farm Credit Building, Omaha, Nebraska 68100,
<br />Mortgagee (sub,',ect to oil, gas, and mineral rights c+Ted Dy part Ses ether than Mortgagors; exist Sng easements of
<br />record; reservations in United States and Sta±e pa tents: and the rlgTas of the public in all highways), thefollowing-
<br />described real estate Sn Hall nt}, Nebraska
<br />SEC. TWP. RG.
<br />A tract of land lying in the NW'-~ 23W~, more particularly
<br />described as follows: Beginning at the Northwest corner
<br />of Section 17, thence East 5?5 feet along the Northerly
<br />boundary of said Section, thence South 75p feet parallel
<br />to the Westerly boundary of said Section, thence West v75
<br />feet parallel to the Northerly boundary of said Section,
<br />thence North 759 feet along the Westerly boundary of said
<br />Section to trio point of beginning - - - - - - - - - - - - - 17 9N 10 W 6th P.M.
<br />~et':er with of *_e rSgilt *.SC!a - ~agt;^ -- - -der lading all buildings,
<br />"copra a_sturea er aptu 'e^3. ce _,v _ _ e.:, 3. ~ ey'U!D^en+_. Sxtures or
<br />~.a0., ,7Sed tC SLppi}' cleat, g35, `..^di'1~~ .g_.. .. tliati cn, Or other SerV-
<br />a. -ha !,~.-,ish ago c -~ 1,, ~ pr y + e n. r ,,' 1!.*:i*_ed L0,
<br />m... -_ wens, wL.~._w~, sr c.:: w<.;..was - , 1:.. ~: ^+ d - ^ beds, awnings,
<br />stn-ss. re.. 5e.at^ wet.-- h~3ters _ .,.- re h - ~P, .e,. 'which
<br />a,e ,ec be a- t.. sr _ -_ .-- _--. _.r_ __ .~ c- ._... 4eemed a gcrtien of
<br />.,e _e_,~ ^ y _,,: th 1 .d_3;edaess ., ^e+ a: - 2r _.
<br />.:.a .~. - ~~ _, c _ ;.. -<y .:.:.. - -_, -.- ... _. -- :~..: n_.`. ..~..--..- _ - .: ~: i~,=3~°s T.~ ^orr'esdes, in
<br />*~e -,rla••'ra~ s~.n ^f ?`?Tr~ETIi'N THOUSAND AND NO/100 - - - - - - - - - - - - - - - - C3LI,ARS.
<br />payaD.e :: .,. a .z 'it x't': Serenest _ ...... .. .._ .c ..,, ... :_ ..-.... *h=•'. __.. .._.. ___.°ea: *2:.^.g dUe a[!d pay_
<br />able on day ... June, 1999 -Si- -. eya::r.e .x:al_ _ ._ r ..... paymen. of sa]d
<br />racisscr~'p..,,:e .
<br />Tee T~rtc-~o.^ wee - ay, 1' e4ue by Ma tgage- L^sts;l t9e suns required
<br />Sn the above-Cescribe~ ssory te, a - - na,•neunt de termine^ Dy the M rtgagee - .aired w a^cutsulate,
<br />and gay r.*.e Sns~.;rance ^eri J_TS tr. r^o'-2^ ti~- *:rer ins_r3:ce evzring rte ~ rtgaged premises, and
<br />the rea state taies~ sessren ::L r*. - ays •n.e due Sates thereof. In
<br />.,,e event Pthat *.he s.,r~ for .tne ~a~:-e:~. ~ ? ..s, tsx_,. _ ~.es .ts are Insufilcieat, Lhe
<br />M9rtgacc,L.s wi` 1>;-an _c, r'. -,> ~ + .~rha due da A'_1 sw:.s rece!ved *Herefor
<br />shall De ay,,:lcd on p. in tai Da~ance _,.U.. _u..., __.,~ a_, ._y ar with _w,. b, Mortgagee for the Dayment of
<br />said pre-:+_L:,s. *,s~es, ,,. .~sessae_,*_s.
<br />?*is „artga^.e Ss sub3 ec the _~rov°:_ions ~` ~'P.= P.iSw .^n::DIT aCT sad all acts amendatory thereof cr suPGlemental
<br />thereto. proceeds ~ '_;;ar. ~•ret * ^ADV wil_ be -~;red '.,^ the p~ ~ese_= specified in the Martgagars+ aPPii-
<br />^.stion ~__ ~~.~ Dan wrid~cut'^nr1 ~2tl '3! _ ~S1 j:,C _.
<br />4`e MDrtgagors, and each of then, h=r= y ~r-ant _ ey 3 e f e ovine,^s of the mortgaged real property; that the
<br />w'll defend the t1 1e s1^_ all cl° r>nts ~e.s° n3:zd there !d y
<br />ag st ~*err, sa property Ss tree 'nom all eacumDra~ces; that
<br />they will keep all ythe Smprovements,~'lxtu:•es, andPappurtenances occupied and ir. 3ood repair and permSC no acts of
<br />waste: and .they will rellacT,tlsh all rights of homestead _r. said premises, artlcovenaat and a~-ee with t..^,e Mortgagee,
<br />as follows;
<br />{i) Ztiat they will pay *eien due al3 taxes, liens, ;udgments, or assessments which may De lawfully assessed against
<br />the property herein aortgaged.
<br />{2) That they will insure and keep insured buildings or other impreyements now on or which may Hereafter be placed
<br />~ said grenises tathe satisfaction of the Mortgagee, such insurance polLCy shall be endorsed with a mortgage clause
<br />wifdt t3ie loss thereunder to be payable to the Mortgagee, f+t1Y sums received may be used to pay for reconstruction
<br />of the destrayed SmgrovemeiJs; ar, 1f not sa applied, may, at the opticp es the Mortgagee, be appl!ed in ,syment et
<br />an3' Indebtedness, matured or uhmat7sed, sacred Dy this morr_.gage.
<br />(3) St1at ln.the event the imrtgagee is 3 party to arty iitigatior, affer.ting the security or Lhe lien. of Sts mort-
<br />gage, ineluding atry suit by the tbrtgagee to toreclosa this mortgage er any su1*_ in which the Mortgagee may De named
<br />a party defendant in which St s obligated to protect its rights or lien, including cerQem_nar_San and Dankrupccy
<br />proceedings the .yortgagee may incur expenses and advance paymeht for abstract fees, attorney Sees +=xcept to the
<br />extent prohibited by law), costs, exyenses, and other charges. -
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