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79- ~ ~! 4 `4 V 4 position 5 USDA-FmHA Form FmHA 427-1 NB ~` IRev.7-3-78) REAL ESTATE MORTGAGE FOR NEBRASKA THiS MORTGAGE is made and entered into by -D~~--A--Rn~TG~-•~1--~£sF.Ii-2---RA`~tr15gFTt___ ---_--- ~-3~€~L~~.~ ha.;i_s~_~-_~?gb~_aiic~- as--souse of tom--°-~~'1-•-----_- residing in --•--------------~•---------------------------•--------- County, Nebraska, whose post office address is Route 1, eox 153 -_-_-- _-- _ ----_-__ ---------C,a1xo,-.-----_---- 68824 ------- -- - - - ,Nebraska herein catled "Borrower," aid: WHEREAS Borrower is indebted to the United States of America, acting through the Farmers Honte Administration, Urtited States Department of Agriculture, herein caked the "Government; ' as evidenced by one or more promissory note(s) or assumption agreement(s), herein caked "note;' which has been executed by Borrower, is payable to the order of [he Government, authorizes acceleration of [he entire indebtedness at the option of [he Government upon any def^++h by Borrower, and is described as follows: -imtua! Rnte Zhse I.late of Final tlrfe of Instrument Principe! :amount of Interest Insral(ment Jt:ly 12, 1974. $29,260.00 8.5$ JuJ.y 12, 2019. Aad the rate e:•idences a loan to Borrower, and [he Govemment, at any time, may assign the note and insure the payment thereof pursaant to the CAnsolidaten Farm and Rural Development Act, orTitle V of the of the Housing AM of 1949; And ii is the purpose and intent of this instrument that, amoung other things, at all times when the note is held bu [he GatiSZtnmeat, or in the event the Govemment sbanld assign ffiis instrument without insurance of the note, this iastmment shah secure paysvent of the vote; but when the nose is held by an insured holder, this instrument shall cot secure payment of the note or anach to the debt evidenced thereby, bui as to the note avd such debt stall coastStute an indemnity mortgage to sccrue the Govemment against loss under its msuraace contract by reason of any default by Borrower- NOw, THEREFORE, is consideration of the loan(s) and (a) at all times when the vote isfield bq the Govemmeai, or in the event the Govemmeat should assign this instrument without insurance of the payment at the note, to secure prompt payment a[ the xte and any renewals and eztensons thereof and any agreements rnvtained therein, ivdudiag any provision for the payaseo2 of an insurance or other charge, (b) at all times when the note is held by aa-insured holder, to secure performance of Borrower's agreement herein to indemnify avd save harmless the Govemmevt against loss ceder its insmaace contract by rer:s,oa of nay default by Borrower, and (c) iv nay event a~ at all times to secure the prompt payment of all advances avd ezpeaditures made by *_he Government, with irteresi, as hereinafter described, and the performance of every covenant sad agreeatent of Borrows roataiaed herein or in nay supplementary agreement, Borrower does hereby grant, bargain, sell, rnavey aad assigp, with general warranty, unto tbe Govemmeat the following property situated is the State of Nebraska, County(ies) of Part of the South Half of Section Nine (9) , lboaiship '_rwelve (12) Ntaz't-h, Range twelve (12), FFest of the 6th P,M., lying south of the Chicago, ~lingtott and 4t=i-'~ =ta31 ~a, a~az`e Part.^u3arly d~a~ as fcllcxs: ~;~II+~ at the south~t t7~ITler of said Seetaon 9, nu+sting t3>~rCe nevetl-t dl~ atr3 u;xxr the west line of said Section 9 a di.stat~ of 2340.0 feet, to a point on the sau*.h right of way line of the :=hicago, ffislingt>n and Quiltty Rai1~r nur Wing th~ie east along std upoar the south lir-~e cf said Qticaga, >3tslingtcet and Quincy Railroad a distanrx of 22$4.8 feet, rtuuzing thence sxtth a distance of 2220.2 feet to a poisrt un the south line of ~;~ ~~ g, rtylu}i,~ thence Crest al~lg ~d >~ the soL~t2t 3arz of said Section 4 a distance of 2294.0 feet to the po of b~srs3iu-r eantainicxt 121.5 awes, tmre or less, FmHA 4"-7 NB (Rev. ?-~ ?5)