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<br />ORTGAGE--(Wish 'A'px Classes) 2no Hnxmm aenoral 9ng,~1y Honoe. Li~eow, Nebr.
<br />KNOYY ALL MEN BY THESE PRFSEA*TS; TTmt Kenneth Clausen and Karen E. Clausen
<br />e of Hall Gos+nt ,and State v
<br />y f Nebraska , irf ronsideratson of the sum of
<br />Fifty Thousand and No/100------------------------------------------------------~OLL.4RS
<br />is hand paid, do l+ereby SELL and GD~V'd'EY:+nta Grand Island Production Credit Association
<br />of Hall Ca+rnty, State of Nebraska the fotlouring described premises sitaated
<br />is Hall Caxnty, and State o} Nebraska , to_urit;
<br />The East Half of the Northwest Quarter (E?~NW;) of Section Twenty-Eight {28), Township
<br />Ten {i0) North, Range Ten (10) West of the 6th P. M. lying north of Interstate 80.
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<br />-; ~ The mortgage debt as sfiown stands as collateral security for certain note or notes
<br />:. ~ described in a collateral agreement of even date signed by the mortgagor. The
<br />"s mortgage debt may be accelerated at the option of the mortgagee upon the default or
<br />__ ~. nnn..~r~a„~n? ~f nntnS rene~7S ~r @xt~SionS p",_,vidc"`+u f^vr in Said cuiiaterai ag?earn-ant,
<br />>i j and the mortgagee may in such event proceed to exercise any rights it may have
<br />? hereunder the same as a default in any other obligation or covenant contained in this
<br />mortgage.
<br />Tbr ieurrstios brir+q fa r..acry herrby cn absniutr :ille in frr si+apir, inrludia~ cA for rights of hvarest.-.d cad dower. ;
<br />< ?'t') i3_3l'~ ~.~T-~ TG ~c?r? iar premrsrs ab;rsx drscrsbtzi, ttrith all ihr aFpnrtrnantrs thrrex~atu brlaa~fring, ;
<br />unto tkr road aa~ertgagre;s and to his, hrr ar rir?ar bests ,~,~ asssgns far+rvrsr, pra:ddrd a.'unys, mad ih:sr przsrnts art
<br />r~oa ilu cslvrs< c~iitina that if for sasd oarrt~a~m{'s). his hrr ar t4rir heirs, csrrrtan. admiAittrs3tars ar assigns
<br />sslai+ fa1'vr cause to br faid to the rasa! ravrtgagrefir, iris bar ar tkesr heirs, rsrcutors, adr+d~+isiraiors ar a=sititas, t6a
<br />3 ~ sseK ®j ~' Sa, DflD ~3`~s as f allatcts, to ~df; December 3 5 , l 484.
<br />axti sretrrrst ac~~iwg to tkr tcaar sad eJJarr ~f tic manors earsriea frarnisserry oafs bearing euen daft zvith ihesa
<br />~nsxnbt asd shag pay ni; taros mad assrssmrnfs ,re+ied spas said red rstatr, and all othtr tarss, levies and eussssments ,
<br />':, is ~aae #las saantgagr sr tbt wotr rrrl~a h this sffier;gagc is cisek'u to aerate, bsfore :lrr soma hscoa+es ds-tingvsnt, vacd ':
<br />} tlrs l~s ae said prnnises inssra+l jar iz}r spa aj $ -- Ivss, if m+y, payflb:s to ihr sai+#
<br />! ~s #lue>a t7usr prrsratr to t'c z mod, es3+ra~iss to bs ~+d rem ire full jams.
<br />a 13' lS FU&?'}dEX Ata R,£EI~ (a; T if tbp road rnarigtlar stall jai, to pay sack tars ar prvrure sa.A in- ;
<br />c'a, flea rata! wwr'tgagrr uwy fay such tares ~d prarurc suck iatsuraars; sad 36e ssfm so adinurrd, trdtls intrrsst
<br />~ --- frc r:nt, t~ ~afaid by >aid ue.srtga,~ur, ,~ui ifsis urarty-wite rlralt nand as ssrwity far the same.
<br />`jam) Tkat a fa~vt tg pay flay of .nud +nonry, aithsr priuripd or iatrrrrt, >z,irx fir san+c bscoresr das, ar a failurs to
<br />.rawy~ly,sitk any of ~ jarrpe~ing ay~rerrarur, siaR eaves xis u'iok ruse of raoasy barrio srrurrd to brrernr due and
<br />i e'al~t'lit~4r at ea+sr at tis 4piia,+ of fir ~,
<br />r 29th February 8 ,-'
<br />,.:
<br />~d tits day of rQ rs~' ~. ^`
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<br />F , ~.
<br />;n ¢rrsrntr of K"~ - `.~ ~ ' ,
<br />nnetti C7a" `''
<br />,.._ _..
<br />.. ... .. Karen`€.: Cfiav~n 4-...
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