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(Property improvement) 3Q2614-4 <br />Loan No. _.._..-- --------- ------- <br />//yy~ - / r: <br />THSS INDENTURE, made and executed this ~ day of ~,~~'`E?"`'"`'_'~ __. , 19 7 __L . by and bett~~een <br />Richard E. ilhitaker and Connie .l. ;dhitaker, husband and ttife __ ___ <br />parties of the first part, and Commercial Federal Savings and Loan Association, the party of the second part. <br />WITiVESSETH, that said parties of the first part, for and in consideration of _Ten Thou Sand"!1 ne !lundred and No/iD~s-- <br />ti~LARS. ;:aid by said party of the sexnd part. the rexipt of which is hereby acknawtedged, have granted, bargained. sold and <br />rxrrweyed. and by 4hese presents, do grant, bargain, sell and wnvey unto said pasty of the second part, the #otlowing descdbed real <br />property s.'tuated .n the Gounty of and State of to-wit: <br />Ert Five (5) of '"'.lI'!'J!?CP?''S 5t15p1'.'ISI!`~,"', of a Ltart of the '-lest !';alt of the llcrtheast <br />!~uarter (1y112'{Ella) and a Part of the East Nalf of the 'larthtaest Cuarter {E1/2?Jkll/G) <br />of~l~ectian Faurteen (14), in Tatvnshin Eleven {11} l,ortlt, Range '+ine {g) ;lest of the <br />bth P,rt. , slat l County, Ilebraska <br />togaHer with atl the tenements, hereditamenis and appurtenarxes to the same belonging, and alt the estate, title, dower right of <br />hcrnessead. claims and demands whatsoever of He said parties of the first part af. in or to lard premises or ary part thereof; and said <br />partres of the f:!si pan do hereby covenant that said parties of the first part are iawtutly seised of said premises, that said premises are <br />free'rom:r><;.rmbrar~e, except any liens of retard as of this date. <br />and Liras saw parties bf the first part wit! warrant and de#and the title to said premises against the tawtu! claims and demands of atl <br />petsos~ xtx~trscever, except as above set forth. Partial of the first pan furthermore specificatN covenant: • <br />!~ to sutler any change in ownership of the real estate mortgaged herein, by sale, either outright, or by land contract, or by <br />assignment of any rnteresi thereon. <br />?ROViDED ALWAYS, and these presents are upon these wrxditons: <br />__ ---_ <br />luhAS. said pa: £•.es of the first pare :save executed and,~`o~~~ ~ ~ said pam~ of the sarond part __ their----,-_ - <br />py note of even dale in the gros amount of S _-_~ z~-.. --0 --------- -- _..- ---- . <br />Ha"'tvv~. rf the said Parties of the first part shall wet! arx-4 truly pat, or cause to be paid, the said sum cf money in said note hereinbetore <br />maruiorsed, wdh irtternst ttseraon ecrortftng L~ Lire terax and effete of said mote, and shall duty keep and perfomt at! the ether covenants <br />arm agreements Pereira contained, then these pn?sen[s to t>e Hurl and void. But if said sum of money or any part Hereof, or any interest <br />thereon, is rxi gat.; ar<~h8n He same is due, or i1 sard parties ni the first pan shall tail to keep and perform any of He rovenants herein <br />odhtarnad, ifre 'holds,- hereof shall stave ute option to dectare file whose of said rndebtadrtess due and payable at ary tithe after such <br />fat'lVSe Ar defau4t, arxt may m2lrtta6n arty action a2 taw Or er}lrity SO fecOVer the same.. atld He C9mmenCemenf et such action shall be tfae <br />mty notice of ttte exercise cf said option raqurred. <br />WHE#~AS, the undetsigne~ #sa ~t p~ay' entered irk a Praperty tmprovemem Loan C-orttrac4 with patty of t'~? sa~cond part, whereby <br />nave re•~tvta7 a loan of S ~=! ~UU, ~~_---_.---_-.__-_--- ---- --_-on fire active describc's7 rest p=operty, as evidenced by <br />its prorttssory ante mertticsr><ad above. acrd as furvter se~rrity for said loan and as a pa~i of the conskferation for making said Loan <br />ac*_, *rte urtdsrsigtteti- ~ default de made as therein proves, hereby set, assign and set over unto p f $~ second part, the <br />revtfs_ issues and paofts of the real estate strove Desc`ribad d Star artd to tsold itte same unfit the sum bf 5 .?~,7`~4. ~~-- --.--.- <br />and vRereSt as pro,rrdeo in laic Loan CnTtilaLt are fulty raid. <br />Ttre atrrdersrgraed hereby appoint rice party at the sectxtnd p>rt as ttreir aiierney in tau, gmng saw attorney power irre+tocabiy. either i+t ifs <br />triuta name or oars name- ~ take a~ necessary ~tps for proct~iru~s, in cxtt,rt ar o4rterawise, r rxtiiect rarrt3ls tlue an said premises and, <br />when vat~trt. b rem sakr prtmrses ail at such Times and in sutra manner ar~i era such iemts as io said atior:tey may seem best. <br />ihl TEST'ItJlONY WfiEREt7E _-_-- rte _- tsave hereunto set __ - _ our hand the data <br />---- - _ - <br />laSt atldvE wntian. "~~ Y <br />t <br />Y <br />1 <br />1 .~ <br />pichard ~. !'hitaker <br />r'~ _ <br />Donnie J. eFtii-taker -- - <br />STATE t3F t~BRASKA <br />- ~~ "~-~_.-- - - - ~ouruy <br />-- '}~ <br />ors ~/ day of r'L4t"~`t~ ~rz-~.-y~ , ?9~ before me: the uruiersigned, a notary Public in arxi for said <br />~... :.A~. .~~~~~~ 'i t:~'idf`d L. ~!i]tai;er and Connie .t. 17hi taker, husband and-Wife -- <br />~ 11I8 tfnOYYI` ftt t!E itierrtical pet9dn~ wftose names arL_atfixed to the foregoing in5inrment and acknowledged the <br />same B4 tre _ tit~t r ~ at1 and deed. <br />1R$tila9s my ftarst Ord t~kRsrtat Slat He tray atW year Last aiaove whiten. - <br />/ ~ <br />~~ ~ y <br />~.~___ <br />Notary Public <br />/~ r // <br />tvfy cmmmission exprres ttre ~ "----day of .-- ~r~--."°`+`---~t- , i 9 <br />. rrrsn <br />M- ~'e <br />