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<br />r n'`'PCta~s-tt REAL ESTATE MORTGAGE
<br />~' ~~~~ ~-~ ___ _ _ NEBRASKA __
<br />' - •T~ "-"'°~~ {Open-End: To Secure Present and Future Obtigatians and Advances)
<br />7g~t~~~~~ Date-October 2, 1979
<br />tbuglas E. Harrington and Jolyne K. Harrington, Husband and Wife
<br />- ~ .Mortgagor Isl.
<br />- of Hall County. \ia ,}~askfl _ . in
<br />- - corisidet.etian a# the advance of the principal sum recited =n the note hereinafter described and in consideration of future
<br />advances made by mortgagee to mortgagor{s) or any of them as hereinafter provided. hereby mortgages and conveys to:
<br />Co~r'ial Atational Rark ~ mr„Gtr nand Island, T+iek+ras3•a tftvdteC9eR Rem
<br />- - - whose principal office is at ~~& WAst 3rd, Grand Island, - .Nebraska, Mortgagee, recorded
<br />- the falbwing described real property in uat t -_. .-___- CnuntY. Nebraska.
<br />subject to ail, gas. and mineral rights owned by parties other than Mortgagors}; existing easements of retard; to show
<br />-- reservations in fJnited States and Stets patents; and the rights of the public in all highways: correction of
<br />Grantee's ;name
<br />14Ye Northwest Quarter {N.W. is) of Section 20-4-12, W. ~f 6th P.M., Eall Ccunty,
<br />Nebraska.
<br />cairtaaarsg 1bH acres, mare ar less, according to Government survey; together with alt of the right. title, and
<br />itstatarci of the fibrtgagorlsl in said property new owned. ar hereafter acquired, and including aU buildings and
<br />imprawerstetrts rww on, or hereafter placed upon, said real property: including also all water, irrigation. and drainage
<br />The tnortgage rr given to secure: -
<br />;a) A pramissary xtote ds ~S c iven by Mortgagorls) to Mortgagee.
<br />in the prascrpal stun of~~°-~~ ausa~irT even A~ed~r'i~t ° - DOLLARS.
<br />psya>5ie wiH interest acrnrdatg to the terms of said note and any instruments taken m refinancing, exxendirtg. or
<br />rertswing aced indebtedness ar any part Hereof:
<br />ib) Arty tutus advance;s), wiH interest, which may be made trorn time to trme by Mortysgea, at its optgn, to
<br />tlAattgagdfsl. or arty of them or Heir successor in tine, for any purpose m any amount eJ amounts, provided.
<br />hoaravar, that wdt trrtute and additional advant~fs) shall be so lknited that the rota. prmcrpat amounts outstanding
<br />at awy one tans shag not ext~ed rite sum of ~ - _~_g, DDiIAAS.
<br />sent provided furdter the future advattcefs) so made s-tati be psyabte ir. a,.~orda~ with tt.s aerms of a promissory
<br />assts ar notes which may be taken to evidence SvcYt advanpfs) er any part tttereo`..{The optiau: advancers) herein
<br />wffiortaad Wtadf be wed addibanst to the advancefs! hereinafter authorised to be made by the Mortgagee for -
<br />tfsa prra~ctiatt M the sectiriry ~ Mortgagee's interest therein. )
<br />_ Sits mtutgape to ib void upon the payrsseett in ivu with interest of arty obligations. pre~t ar #zrture, secured or to be
<br />- seaward heereby-
<br />Tha i6assgagoalay, and ead+ of them. hereby warrant{s) that that are fee owners of the nrortgagerd real property: Hat
<br />_ ~aY ~ deleted char tit3s against ail claimants whomsoever; and they reiirtqursh aft rrghts of homestead in said premises.
<br />and tae+aenrrt cad agree with the Mortgagee as fogaws.
<br />- !t f Ta pay +rvhos due all tares. liens. judgments. ur assessments which may ba tavsfulty assessed against Ha property
<br />lssaain anoetgagsd. aced the rental charges upon any teases assigned as addttianat securuy far this mortgage.
<br />t2) 7a assure end keep insureaf bcetdatgs and otfier improvements now we or which may ttereahet be placed on card
<br />pnntiws to the satisfaction of ills Mortgagee. Any poficy evidencing such insurance shaft be emfonsed with a mortgage
<br />t~trae: arapravad by aced es favor of Mortgagee. and deposited with, foss hereunder to be payable to, Mortgagee as its
<br />- isN~t fret fir- At 'r!±r apt-__. of 1s~ertgagors;. and su!>}eci to general regulations of the farm Credit
<br />AdmaRion, txtoaa so rscaivrad by Mortgagee may be used to pay for reconstruction of ills destroyed improvementtsl.
<br />_ aa, if rsM tttt sppUed_ may, at the option at Mortgagee. fm applied in payment of any indebtedness, matured w unmatured.
<br />. atrctwed hY His rrtortgags.
<br />i3{ To freep all bisidietgs occupied acrd ua good repair. cad to refrain from the commission of any acts of removal.
<br />_ _ dta~iRiewt or ent tlmrsof; not to cut ar remove. w permit to be cut ar removed. any wood or timber from said
<br />teal pvoprvty, std m eorrwala or permit tttr waste ar fmpairrrtent of the vafue of this security; to continuously practice
<br />- - raer7lsoda of fams3np on said Mnds. to prevent erosion and the spread of rwxious and damaging weeds, and to
<br />prlsetsettae far~ly at tlse aag_
<br />{#} That s dsa avsatt 1Worspegpr{y fad{sj to pay when cites any taxes, rental charges upon any {eases assigned as
<br />addi€daaW »'Y fax ifais trnirigsga, liaesa. jatdgnser~, or assessments bwtully assessed against the Property herein
<br />at lames' ~ mainvAat irrstiraas~za a. hcrri~;atbatt~ provided. Morigageo may make such payr'itent or provide
<br />a~ iwwawt,a. attd ~ sme+wrt;si paid ttwrefor shaft lsetarrta a part of the indebtedness secured hereby, due and
<br />aced adrag deer irstwrast at the axirrerat rats of the Mortgagee ai the titre iha Mortgagee makes such
<br />3 ~Sj 7irM in ffiaatrawt
<br />`' I atfjaaadeastisaaa~parwrid Q~ya+Mresttatattie ~nthersameshaltbaduetorwith edspec to
<br />- - } ~ osArwerwt ar as~nd"pdroet firsaf. then. at rise option of Afortgagert, the entue indebtedness secured hereby shall
<br />i~;ifaootsirt+~iaaa~ striH#»aa-intwestatttssewtrerttrateofthaMortgagaeonthadateotthedefauit.and
<br />- ) Use ttsay il~haeciaaa thiamottgsgs or pursue any other available legal remedy. In the eventaf any
<br />1 atttimn tts ~ ens(errct naKsetien at fiha debt. the Mortgagor{s) agrees) that any expense incurred to
<br />;~ ~ ptastswaar art #6straCt of ttda •+aii, when ~ortgagse, become a part of the debt secured hereby, and shall
<br />ba pad fY;lllm4gspoa{s} virfih ldl of the tea:bis eosTs of such action.
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