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<br />REAL ESTATE MORTGAGE Fo[iM Pia zua {Rev: i-i~)
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<br />- ~yf1„~. ~~ - Gaie +~arch ISy -lt3$Q - j .'
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<br />Jalnea A. Baxter asd Marcia M. Baxter, husband-and wife
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<br />1 _, Mortgagors
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<br />i? ; Hall Nebraska €i
<br />s o; L`ctmty. In consideration-of ~ ~,
<br />- the advance of the principal sum rec i.ted in the note hereinafter described, receipt o! which is acieicwledged, hereby - ?' -
<br />mbrtgage and convey to ~#
<br />THE FEDERAL LAND BANK OF OMAHA, a Corporation,
<br />st of Omaha, Douglas County, Nebraska, whose address - -
<br />j is Farm Credit Building, Omaha, Nebraska 68100,
<br />Mortgagee (suDJ act Lo 0l1, gas, and ml Hanel rights owned by parole°_ ntY,er than Mortgagors; exisLing easements of
<br />record; reservations Tn United Sr,aces and State patents; and the rights cf the puClic in ail highways ), the-following-
<br />described real estate 1n Hall county, Nebraska -
<br />SEC. TWP. RD.
<br />The North Half of the Northwest Quarter {N7-~IW~) and the
<br />Southwest Quarter of the Northwest Quarter {SW~NW~y} - - - - 16 11N IO W-6th P:M.
<br />can[aining 120 scr•:+, °,ar'e o cKatiter ,v!~;+ -tli :it the ri KTit, title, .u,d tote.^e:, t. -
<br />.,
<br />~~,-.~ ^aned nr hereaP"..er °syr'_~1, ;,, tn~ ,.~_ !„ .-p;? ,r! .~1 :.rir ...ot.~ _
<br />_;... .. ....3 ...... ..J.c. 11. -C .1R Its, .!1 -...... _.._,. ,
<br />ar appurtenances gterenn ::r here .[..e. .; ~.., e.. _:.e. -.11 .ca- ..+. - - j +.. _5+ ~1 ;
<br />tieredl taiai:ts. 5n.t-pP!=rran~~,.,,, tr• - anr, 'rn rt'a to ",-om said lands; ~+;i - -
<br />-the McrC agnrs! rLgitts 1^ C.^.e p':C~., .~.ee :,ems..: ..y ..S) tii lar.;;ae~ n
<br />1l renae4, 22`nrl Vl leEe S, app4rte.Iia£1 .mot. _~ ,.gin aF.. _ $W'-~ ^ tailed ,4 Rll.;-P~, ll A'1r hera9l G?r 1=%S!1a ~. _Y al.:i~.:._ -
<br />.'r renewed i., c Mb, ,,s3~,~=-r ..P, ,..__.. ,. _.a .....: .. 4... =. .: .,_ -.b„-.a~.._.,c. ...~`: r-..p°.rl.y i~ _„ .,.... ._ -
<br />= v 1 at G,manr, .h,yrs~1 - sr" h -_. . _
<br />Th 15 .T,arC'gage ?S !P1vaR Ct1 SPCnl'k 3 pra'.'!13vary na t? ~~. c'VRR :tote t,ereWl Ctl, ?%e~'.ttad Dy' MOrtgagaF;1 i.V ;inn+.r~4F_Bt'!, in
<br />the principal sum br TW)NTY-ONE THOUSAND QNE HUNDRBD AND NO/100 - - - - - - - - - - - 'c;11,5H5,
<br />pyyabia with lr. terest sreonSinn tb the rarms c[ sa lct :rot;_, the .."t[tal p;lyment hafcig due atl payaCtc on the 1.. .,.. =1av
<br />o' April, 2000 ~. -bile rcttivey ettce shah be void upon the payment nP said Promissory- Hate.
<br />This mortgage is sutrl act to the provisions oi' THE FARM CREDIT ACT and _, '_ cotsamendatory thereof ar sugglamentni
<br />theretp. The proceeds of the tern secured hereby will be used far the purposes aped tied Lr, the Murtgagere+ aPpli-
<br />catlun for saSd loan. an•.; authorized by said Act. j
<br />the Mortgagors, aztd each ut them, hereby wanaiit that they sre ..*ee ~rmers o[ the martgagad real property; t.tiat Ghat' -
<br />w111 tlefen ehe Litle against, all claimants whomsoever, and CnaC Bald properly is free from a14 encumbrances: that
<br />they will keep all the i.nprnvaments, fixtures, and r:ppurte!tences accupied and in good repair acid permit na Silts ar
<br />waste; and they will relinquSSn a?.1 rights a.* Homestead Sn said premises. ^uid covenant anU agree r;lth the Martgagaa, i
<br />a3 follows:
<br />(i} ?'haL they will pay when due all taxes, !Sacs. Jul-manta, ,:. ses~~-sots whim may tra lawtutiy- ~ss::assad aealnst
<br />the property herein wertgagad.
<br />(2) That that' will insul'a artd keep ihsured buildings ot• other improvements liow on or which may haren2ter ba plssrd
<br />en said premf sos to the satls2actlon of the Mari.gsgea, suoh ihst;ranca pailey shall be endorsed with a mortgage c!ausa
<br />with the lass thereunder to be payaCle to ttie thtrtgagvr AnY -t- t e+i "~1 be -d C~ pay for cacao sic--on
<br />i'2 `_ ha dV;'-. tlYSev +..Wru_kmenc.a; ~ t 3r F.. __-~ .~ -.... >' ~-. ~_ •f is x r~ e,~L _ -
<br />any indebtedness, ma tuned or usimatured, saetirad Dy. ~thi m rt~ak.a. -
<br />(3}. '!v pay all r•~hts, Sees., ar charges Haw due or to haccma dun under ~ ~ tarts: :,_* .iau.^, lalsse, ,termit, _ canes, or
<br />privilege do Gha Pub 11e domain w1t1cH is appurtenattt or clc*napl>urterant r'.,o ttte m~rtgagad praml sal, which qaS been
<br />l ssiled, axGatrted, ar renewed by the Uriktad States or r_na s*-at-a in :iTilch the stave-described propart-y is located; an± -
<br />to iexrforro and observe ovary aaL, cavanant, eanditian, and stY6uiatlon nacasaary to keep aas.h a2 the same in i;aad
<br />standing; and to Cake every necessary step to secure the ,^akseua, renewal, ?:~r extansSeti of each of the ?sine; and ttt
<br />assign., waive, pledge, or-endorse to th2 Mortgagee each lease, germiU, ilcanse, br Prl vl iege 1[ Mortgagars+ rtahts
<br />in pub!tc domain era required by Mortgagee for saevrl ty pur'poses.
<br />~ta1 TCat Sn the event the Martgagee is-a party to any iltlgatlon affecting the seatu•1ty ur the 11 an of Its inert- j
<br />gage, Sncluding tort' suit by the Mortgagee to foraclcsa his marLgage or ail} salt !n which f,!la Mortgagee may be. Hama!
<br />a party tlefahdant 1.n which SC is otrllgated to prat.eet its rights o1. 11 en, includStig aondemnatlrn :mtl barkrup tcy
<br />proceedings, Ghe Mortgagee. may 4ncur-expanses atM advance payment for abstract :'eel, at t;rrr,-et' ..*aes (exeapt to the
<br />aXterit prohlb SLOB ny law), costs, expenses, and other ahargas. I
<br />{5 ~fhaG in the evanY• the iwrtgagors fa1.l to Day when due any Saxes, lLasts, ?udgmaats, or assassmen:sr u.r fait to
<br />mainYa±n l:isura;tCa as haralapefere provided-, or fa!! t-o pay con*s, fees. er ch:.rgas ender the t.arms e. !toy ! :+°~
<br />permit, license, ar privilege: crr Martgagee Ss rayulrt-tl r,n incur ex€anses for alts tract fsas, attorney fees, c•vs1 s, r
<br />expenses, and other charges iti corutectlon wieC litigaClon, Mortpagea may make suoh payment ar prav!da such insur~cn.:e,
<br />8P Sne.ir a1tG11 d$11 gaG-Lori, -9714 rile atnot:nta- 9 4.'here rC^ °hal'_ hey` M;@- 3 :9. - -he r e -- .:1-- ~: t ^.
<br />a4d payable immedSaLaly, endatit~ll bast LnLaresi from the date or pay,ncrt a, ,itv :.+v:.. ..ice a., p,~vt tied .ot ~.laf:ult.
<br />tit the note.
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