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<br />REAL ESTATE MORTGAGE Foar+ FLB 208 (9ev. 1-n) ~ ''
<br />~~ Pehruary 26, 1980 (~`_
<br />Date
<br />Harold t±. Stress and Betty Y, Stress, husband and wile
<br />,Mortgagors,
<br />ot =3datus ~~~y Nebraska Sn consideration of '
<br />Lhe advance of Lhe griacipal sum recited in the r.GLe herelnatter desdrlDed, receipt of which is acknowledged, hereby
<br />- >aw^Lgage sa3 caavey to "
<br />THE FEDERAL LAND BANK OF ONANA, a Corporation,
<br />of D~aha, Douglas County, Nebraska, whose address
<br />is Farsi Credit Building, Oraha, Nebraska fi8100,
<br />qor*_gag6e ,suDleat Lo oil, gas, and mineral rights owned by parties ether than Mortgagars~ existing assonants o_r
<br />raDOrd; reservatlans in Smites States and State patents; and the rights oS the public in all highways), the folldwing-
<br />deseribed rest esters in Hall Caur/ty Nebraska
<br />SEC. TMP. R6.
<br />Si.~---------------------------- 32 9N 11 W 6th P.M.
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<br />cania!nln3 1b0 acres, more ar less, togeL'ier with all a she rift, tie,
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<br />^~aw aw:led or i~ereaiter scipllrsd3 a1 Lae Kortgagars la sass praperry, Inr_udin3 all buildings, Smpr~
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<br />^ sgpuaK.2naaces t11a_*~ean ar hereaft.er :laced J~e.^ean; all water. ^^!~tian, saC ~^slaace r1~*_s: the ,anement.,
<br />.^.aredi Laments, and appelrtanatres thereto and L*.e rents, isles, ^raps, and pratl t.s sriSinB h'Jm >sld lsn-:s: s.^.d
<br />i3!a MDr'tgagDrs' rights Sa Lhe "aliblic domain are rauira-d Dy Mort~.gea Tar securlky pu1-pasas~ ~ Senses, _ _
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<br />il'.^eos-as, or prl vila~es, appurtenant a* nonappurtanal!2 to said mortgaged praml sas. new Gr herestte?-'
<br />' sued, :x*.?~Ce C.
<br />- Gr rmieoed La tDe vkartgagols Ly Lae Lk;i!zd SLnLas ar the state Sr. wh1-n ...e aDave ~escriDec rr~.,r;~~S> '_ _:.~sLe_ ...
<br />arty Sepertme9L, hur6au, ar ageni<y t*erea_*.
<br />his martgaga is 31 van to secure a promissory note cf even date t;arewl th, exruted Dy Hart ga~'drs t~ t!crt.~~ee, _..
<br />the prineipal sum of ~' x11?wm$E31_FiFLS'-~EL'E4' .TkiLIL'casn Trlgt:F u1?+~gm nun ':(1/10~ - - - - =
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<br />pgyaDla with interest sacardln8 to the tarns eS said note, Lae final gg)'»rt DeSng ~e and pavsDle un t.".., .._ _.
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<br />- n2 ~P~ruB~s '~~ SDis canvaysllce shall De i~oid ::pa:: LDe ;.yyaxaY a' >aid i.'a'ri?>_~;-. -:,.. -.
<br />;his mD1'Lgage Ss ~1aDi La tae pravlsi~s at :$fi FkgTl C3€LST aCS' and mil s smaadatGry thareU2 c
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<br />thaeta. :ae proceeds a; tae loan secured 1lereby will De us6d far Lhe Du~'pases speclfl6d !r. the !4nrc,cstZ,rs
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<br />aatlwl far antis loam and atlilsurisell Dy said ~Dt.
<br />.. fie liDrtgatgas, sad eaDh Di thee, hei'eD9 warrant that titay are fan onmers of the mortgaged res: ^:°+party; *ha' .7e;;
<br />wiii defend LDe Lisle against all claimants Mlowscever, au3 that said praperty !s ..*rae tram a,; enc~~~abrances:
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<br />they will kae7> ell the l~reverents, iizturas, sad app,lrtenanaes aceuglad and ir: 3DOd repa!r anC perml*. :;G a
<br />- w34ie; aHd they rill re1131.anlsn alt rigDts a2 Siemestead In said premises, and covenant and sr;rra nit!; :lie n:,rca:*e~,
<br />as fallnws:
<br />- {i) 17tst they rill p4v ~ site all texas. liens, yudgmenLS, ar sssessmcnts wh1eD may Da lawful ;` assessea s:,x'.rse
<br />- tDe Ss'DPm'sT emote 1s8ed.
<br />!E] 14Y1L they rill insure 9II1! keep insured buildings ar ether improvesents now on r which m$Y hereafter t
<br />" as said y-aeealsas La Lhe saiisiaetion ai Lhe MarLgagee, such insuranea paliey shall be endorsed with a martgage J_a:,_e
<br />- with Lire lose tflar to De pAynDle to Lhe iiortgegee. aley sums received may De used Ce pay far raccnstrucLic.:!
<br />02 the destrDyed lapi'overeats; ar, 12 not so applied, may, at Lha aptlan cf the Har'Lgagee, D=_ applied !. pa?Went ,-
<br />aay SndeDtedaess, aatored ar tauaatured, seezaed Dy thin mDrigage.
<br />" ;;) Ta pyy e1i reefs, Sass, ar char ge- aDr due ar to Daa~sa dne under Lha tarns ct each Lase, ^err-1*., 11^rase. _^
<br />privilege pan 'Lhe public dD1N111 whi eh Ss appurtenant ^r aanappurteaflnL La the mortgaged premises, wltSch has Gaeti
<br />lsaf~d, eiCtend~', nT I'eAewed Dy ;3ie 1i61i$o States ar tDe state Sn nfitich the above-Sasv'_iDetl groperty is located; 3nu
<br />tD perltR9a atllii aDae1'Ye 8 r'ITE3y a{t, Gt1YEn$nt., Lpna'ii Llan, and SilpUlaCl Dn naC2aSary LO k*'BJ7 each Gf Lhe S&"tP In : JOd
<br />atan111xtq; tmd to Lat$ evCRy nee$aaely 3L$p to aaCUr$ Lh6 1'61 aSU6, renewal, er exten9l GA of eaeil DL :.}12 samP.: and C.0
<br />- Sssi$n adlve, pledge, ar $adiS'se La tae 3fort~gee Each 1$ase, permit, ilcense, ar privilege !i nartgagG^~~ rign *_.
<br />in ilia d~sin era :^ai~"i'=d by '.,~*-gs8ge far $°eLr1 Ly ~:rpDaas.
<br />'4~ That Sn Lha event the SfDi^L;Rg$6 Sa a party to a1t3' lStigatlon afflict lrta the securi Ly cr the lien aT it.; ~ncrt-
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<br />gags. l~luding a1® ~1it by the 1#lrtgag$e LDfoleclose this mortgage ar ally suit Sn vHtleh ±he Hartgagea may be nxmsC
<br />a party date~daht la atpich Sc is abligat$d to protect Sts rights ar lien, Including cordemnac!an xnd t;snkruptr_e
<br />rDes;d ~
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<br />neUr elfpeneas antl advanc6 pyy~aent Tar abstract flies, attorney fe?s (except .., rh.~
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<br />e1Hleases, a$t1 ether charges.
<br />- j53 Thai ll1 t~ event the Mprt$agxu~s fall to pqy when tlue any taxes, liens, Judgments, or assessments, cr rail '.o
<br />salaLaln 1asu.ranDe as 3releiabefare prpv111ed, or fail to pay rents, fees, or charges under cite r.erms G.* any ;e.sa.=.
<br />iwa7alt, 11Dease, DT privilege; ar !grtgage$ Ss raga irsd to incur expenses ter absLrseL fees, adornel' fees, r
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<br />ezyepasa. spd other eDar~a Sn canneotlon w..:h 13 tigatl'nn, MorLBagee say mstla such payment or provide seen insul4:nca.
<br />" or incur such ~llgailon, and the amounts paid Lher62ar shall Deaome a part cf the IndeDtadness secured Hereby <!~.,.,
<br />- end p4yaDla ]meCtately, Wild shall Dear 7ntareat Sr1mt LDe date of gayment at ;lie same rate as prdvl Jed for drfau22
<br />Sn Lha into.
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