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<br />_...~,m_______.~._....~...-......,_.__..~ ~~_ REAL ESTATE MOR!7G'AGE___.__-_ Fora+t=t6 Boa ope,r:_rna (ee,~. 1-r~1
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<br />~,~^'~',I Ih,rite- January 9, 19$0
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<br />Arthur. A. McDowell and Ariiss J. McDowell, husband and wife
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<br />Mortgagors,
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<br />oP Hall Gouniy, . Nebraska In considarstion of
<br />~~ ~ tha~Pruml ssory Note ar,d Lcan Agreement heralnaf ter described, and the agreemar,t of the McrLgagee to make future aztd s -~ -
<br />additicnsl advances, hereby mortgage and convey to ? -
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<br />THE FEDERAL LAND BANK OF OMAHA, a Corporation,
<br />( of Omaha, Douglas County, Nebraska, whose address
<br />is Farm Credit Building, Omaha, Nebraska 68100,
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<br />Mortgagee (suD,Ject Lo 011, gas, and ^~ineral rights owned by parties ether than Mortgagors: ex15t1ng easements o" i ~-
<br />,: ( record; reservations in United States and Statepr_tants: and the rights of the public Sn all highways), t;hetoliowing- t ;: -
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<br />'. t described real es±ate Sn Hall & Adams County, Nebraska _
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<br />SEC. TWP. RG. i
<br />~•{ HALL COUNTY i
<br />Er-~NE~4----------------- ------ ------ 36 9N 9 W6thP.M.
<br />ADAMS COUNTY
<br />E~iIVE;4---------------------------- $ 8N 9 W bthP M ,:
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<br />- t cantalning 160 acres, mmore ~3r Sess, tvge her with ail Ot the r.gitG, t1L1e, and 2nta ast
<br />3 (now nwt.ed orhareafter acquired) of the Mortgagors in sal - proper--r ., ladlan al' Drill n~.s, SP,pravamenrs, flxt r^e -
<br />~` or appurtenances thereon or hereafter placed thereon; I_ water, .rigatinn, and ~rsh.age rlgh~: the tenement..,
<br />. heretllLamants, and appurtenances thereto and the rents, Sssaes, rrc?ps, and profits artsing from ^a1d lands; and {St ~ -
<br />the MorcgagorsF rights in the public domain are required by Mortgagee far security purposes) all leases, permits, '
<br />- licenses, orprivileges, appurtenant or nonappurtenant to said mort~ged premises, now orhereaft.er Issued, extended,
<br />or renewed to Lha Mortgagors by the ilntted State, nr the state In which the above-described property is located or
<br />- and department. bureau, or agency thereat. - --. -
<br />. - -ut.~h _- ,-.i -. -C° t ~ - --a- ~- - r; -.. v - -- ~ ~ __ __ - at:d t~r 11 '3 ~~~ t - _- _
<br />in-1u11n3 -.,tare an. .:~+..d±tl~..ai s1:a..tES. wit,t ,r...2,a~t _ ++ ;,t c. lane o:' maid .,ore. .n~
<br />' •eemant, prnvidt,ti ,:.t,_t tt.e ttt:rl pri ;~:ai a.:..t.,..:e:, ;,u..~c.c..~.,~..s ^nd ..,;,°•,,, -.. ar~y ~,r~t time shall not :•xreed ..rte - -- -
<br />- :=ttm i~t 4..---211,300 7fi1" :1m1 ~ t_.h prir:elp_ =raft aha. r; rha w++rt~~~~* -
<br />~,~-.3ar~..~tnw ..r.., i.,? ,.~., t- f ~ha r. . ~;r 3 -Ag. .,e,. .r.. :..t1, r,~,vr ar... -
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<br />refit, ut~t ti# =x =- `-a ~:~ - `-* ~. -real-~ _*, :,n ~.$~= `~ - __`- -- ~_ - _ ~r i ~s~- -ate- r = -
<br />- - _- ~ .
<br />~;:m ytst. kay:ztiia on trtc f7r:r s_ ~; - -'Y: ?bE31 -~ ~i;l^ _i .c~tia,- :r~E= to .,.1 ;F" rna n~y°!v_;.r _ _
<br />of said promissary aot.a. ~ -
<br />'i'bis mortgage is svbJect to Lhe provlsloti.3 of TY~: FARM ~.c' 'ji'r A:, and all xu•t:>. r3,:.Nnclatory theret cr su^rle!^.E'ttsl
<br />tha*^eto tree pracePds ~f the lortr, ~e.nred hereby wi,. hr ,.~. .. ,1 .~ +._''~_~.. >n [ire !tirt.g>tpvr--'..tpii.-
<br />j rztt-iou for said loan sing ~.iurtttri:;a^. by said net. -
<br />mha Mortgagors, atirl each ttf them, ,.~,y rcarrN~ ,at, they yre r.>N owr+~rs ;,r t.h~' moc v,,.r ~ tl }rope*r•ty• t!;at t?ray
<br />' will defend ttie title rrga;rst all ^lai.snt.s wh.nz,rva,*, *n1 Ci'~Yt :•~t.erLS• Sz; rep f. ;m _,1 ar.+tu.~r. u..~.... t!ust
<br />'~ '- shay wilt keep all the imprevamrnts, fixtures, end xp1~c ~-e tnr~es t(.irr'. a::d to good ~pait srt~i ,=r r't±L re Sets pF -
<br />waste; and UDey viii ralltrquksh ail rights cif t, r:_>-'~~1 in taald prt~,l-,t-,-.t,-`~ovanarttt ins ~,rae wi€P ..,.+!nr,•fr5ag+e, i
<br />. as foli:rws:
<br />!i) That they w111 i:hy vniert dui? s1!, taxes, Hams, ,udgm,:nC. ~r as^se>asments wh1r„t Rr`ty be lawfaily a:ae:~3ae1 °sa; ,net
<br />the property hPr,tln mnrttraged,
<br />+ + ---','3t thei wt 1 'r~ ter ?t:rt kz'ep fr +tt.-1 t'. tea ar -.-h?r +?'kF eM -.-. -tw t,n - whltlt mrsy h?Yeafter 1;e a.`r~
<br />i)r s-t; ~ prr.mi Na [e the 4.itfs.*acfii,n " h -rfgsunv -•rt t to a 'rr; a C}.~-.--y° ha.' b€ e.flidrs.i wirh a m rtv's~,- 1YS r
<br />w,tt; the Iti+as there,tndar td De p~vsbl c, Lh: nc, t;,uge~e. Any sums receive i n~ Da uz,e.+. to pry far recor ,.uE , s.
<br />of Che dostrpyad lmpravaments; •,r, if rut sa apl,lled, may, •tt the pr,:}n c}t rnr~ Mortgagee, he appllaeY `.. pa.J-ier. ~f
<br />ailY indehtednaas, msturrsd ctt' unmatr:red, sci•ursd n;r this ra~rtsar3e.
<br />itrlvil,ege on the ptthlis. dnmaii wh1_h ~4 :tppurrQt.ant ..r n~.tap,+trt na„t to *.*tem.~zt~'lr.ri ,resrises,~wt. _.. i,su~,€.,,
<br />it;;;und, extended, nr rera~wed D the itnir ., 3tare9 =r r.h«. 5.ta?i irz r+tito?:- t1}e above-daacrl aad- property- t ..,..zt e~zi, rtlrtl
<br />to perform and observe every acct, Goven~tnt, coaditlan, acrd stlpulatla:t necessary to keep rich cf the <t,trrir ia1 w ad
<br />standing, and to taxa every nar_essary step 6o secure Etna ralsske, r=newal, ter extea^lor, ;^f eseh rt Lift= samme;. st
<br />asslt~tt,- valve, pledge, or andgrse to-the Mar'tgagae ea?•11 .ease, pctrmlt, license, ur pr1v11ege it rMzrtgags>rsi riphE
<br />lit RuD11c domain era reti'ulrad Dy tortgagee .fnr seaurtky pttr'po3es.
<br />Ea) That Yn the event ttte Mortgagee Is a party cc ate, 11t1gaGlon aftacting tree security or-Lhe lien o£ !ts mort.-
<br />gaga, 1ncluding any suit by Lire Mortgagee to foreclose ti'IIS miartgage cr atlY suit to wtrtrtt the Mortgagee mSfY De nstneil
<br />a party defendant in whinh it Is obligated to protect kts rights or lien, lncludtng condemnation and bankruptcy
<br />prooaedings, the Mortgagee may-incur expenses and advance payment-for ahstraet teas, at€ornay fees {exrcpe to the
<br />axtant,prahltiited br l.aw), caats, expanses, and ether charges.
<br />(6) ~- That in the gvant the Mortgagors tali to pay where dC18 any taxes, Hens, ,Judgments, ar assessments, or fall to
<br />maintain .tnauranca as hereinbetora Rrovlded, cr fa.11 to pay rents, tees, ar charges under the farms of arty lease,
<br />parmlC, license, ar privilege; or Mortgagee is requirao to incur' expenses for absc^act fee<, --~~ttdrnay faes,.casts,
<br />expansee, andather charges In conitactlon w1Lh 11t1gatlon, tkrrtgag@e ~ttii make such ps}ngertt orprcvtde such tnstu`sttce;
<br />or Incur snail abligatlon;• and the amounts paid ^herefor shall became a pace ot.tha indebtedness secured hereby due
<br />and payalale 1mmadlately, and stsail D@ar 1riLeres. from €hs ~€~ ?' pay±nen€ at €he same rata as pravl:±ed foruetau:t
<br />in the nuts,
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