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<br />;~ .x _ , . 3
<br />as--x~AL EssASe asoasaact~wc~ rrx c~,1<..~ The Hnffmna Qennrnl BnDYly Honen, Ltecoiv, Xet,r.
<br />KNOI~Y ALL MEN BY THESE PRESENTS: That LESTE.R SCIfir7EITZER and JEAN?dI?dE SGHWEITZER,
<br />husband and wife, as ,joint tenants and not as tenants in common,
<br />of Hall County, and State of Nebraska in consideration of the sum of
<br />TWENTY FIVE THOUSAND AND NO/100------------------------------------------------~ OLLARS
<br />'; in harul paid, do hereby SELL and CONVEY unto THE STATE BANK OF CAIRO, P. Nebraska Banking
<br />corporation,
<br />of Hall County, State of Nebraska the following described premises rituoted
<br />in Hall County, and State of Nebraska , to-wit;
<br />A tract of land situated in the South Half of the Southeast Quarter {S'-~SE4) of
<br />Section Thirteen (13), Township Twelve {12) North, Range Twelve (12), West of the
<br />6th P.M.; Hall County, Nebraska, described as follows: Commencing at a point
<br />730 feet west of the Southeast corner of Section Thirteen (131, above described,
<br />running thence West along and upon the South line of said Section Thirteen (13),
<br />a distance of 210 feet; running thence North and parallel to the East line of
<br />said Section Thirteen (13), a distance of 200 feet; running thence East and
<br />parallel to the South line of said Section Thirteen (13) a distance of 210-feet;
<br />running thence South parallel to the East line of said Section Thirteen (13),
<br />a distance of 200 feet, to a point on the South line of said Sectior. Thirteen (13),' :+
<br />being the point of beginning and containing one (1) acre, more or less.
<br />and
<br />A tract of land beginning at the Southeast Corner of Section Thirteen (13),
<br />Township Twelve (12) North, Range Twelve (12), West of the 6th P.M., running
<br />thence-West along and upon the South line of said Section Thirteen (13) a
<br />distance of 730 feet; running thence North and parallel to the East line of
<br />said Section Thirteen (13) a distance of 200 feet; running thence East and
<br />parallel to the South line of said Section Thirteen (13) a distance of 730
<br />feet to the East line of said Section 'hirteen (13); running thence South
<br />along and upon the East line of said Section Thirteen (13), a distance of 200
<br />feet to the point of beginning, and containing three (3) acres, more or less.
<br />The intention bring to convey hereby an absolute tine in fro simple, including at! the rights of homestead and dower.
<br />TQ HAYE AND TO _HOLD the premises about described, with all the appurtenances thereunto ba:onging,
<br />unto the said rxortgagee{s) and to his, her or tkrir heirs and assigns forever, provided always, and these presents are
<br />i gpan the express conditum that if the said nrartgagor(sj, his her or their heirs, executors,. administrators-or assigns
<br />shall pay ar cause to be paid to the said mortgagee(s), hit, her or their heirs, executors, administrators or assigns, the
<br />Pri*ri~ sure of $ 25,000.00 payable as folloms, to wit:
<br />$3,000.00 on May 31 198a
<br />3,000.00 on ?day 31 , 1981
<br />3,000.00 on May 31 1982
<br />3,000.00 on Aiay 31 1983
<br />13,000..00 on May 31 1984
<br />" ;aaetk interest atcording to #ke tenor and effect of the mortgagors written promissory note bearing avow date with these
<br />prsserrtt o+~ xhali pay ati tares and assessments levied upon said real estate, and alt other taxes, levies and assessments
<br />levied""001 fhu +aol4gagF ai'tke sate which this mortgage is given to secure, before the same becorues delinquent, ~d
<br />?~~ t1~=~1Prs~nrisrs insured for the sum of ,g toss, if anq, peaycble to the said
<br />_ . r, "theif tkrvtr
<br />~" prt~,ets to be void, otherwise to be and remain iu full forte.
<br />IT IS FURTHER AGREED (rJ That if aka said mortgagor shall fail to pay such lases or procwe such in-
<br />swrorte, tlu aaid nwrtgagee may ¢ay such taxes and procKre suck inswrance; and the sure so advanced, with interest
<br />fat 1.1 .per cent, shall be repaid by said mortgagor, and this nortgage shall stand as security for the same.
<br />(s) That a faiturs to pay anq of said money, either principal or interest, when the same becomes due, or a failure to
<br />t cmr@!p walk ~q of the foregoing agreements,- shall"cars the whole suns of money herein secured to become due and
<br />s' `ceddatls'ble at once at tAe aptwn of tkr mortgages.
<br />iI -_...
<br />. Signed this 32at ~ ~ May ,x979
<br />I pmsence -
<br />~ ,Lester Se'fiweif Y------°----°----------
<br />Jeannine Sch eitzer
<br />
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