80006219 - Laserfiche WebLink

Browse

~' ~~"" ~ ~ ~ ? r+.: i c1 REAL ESTATE MORTGAGE F, D, & L Development Groun, a Nebraska partnership, herein called the Mortgagor, in consideration of Eighty Thousand and No/100 Dollars ($80,000.00} does hereby mortgage to Emma r^onner Corey, herein called the Mortgagee, the following-described real estate in Hall County, and State of Nebraska: A tract of land lying in the Northwest Quarter of'the Southwest Quarter (NW'~SW~} of Section Twenty-two {22) in Township Eleven (11) North, Range Nine (9), West of the 6th P.M., more particularly described as follows: Commencing at a point 33 feet East and 320 feet South of the northwest corner of said Southwest Quarter (SW's) of said Section Twenty-two (22) as the point of beginning, running thence East and parallel to the North line of said Southwest Quarter (SW's} of said Section Twenty-two (22) a distance of 327 feet, running thence South and parallel to the West line of said Section Twenty-two (22} a distance of 200 feet, running thence West and parallel to the North line of said Southwest Quarter (SW~) of said Section Twenty-two {22) a distance of 327 feet, running thence North and parallel to the West line of said Section Twenty-two (22) a distance of 200 feet to the point of beginning, This Mortgage is given to secure the payment of the principal sum of Eighty Thousand and No/100 Dollars ($80,000.00) and interest thereon, according to the terms of a certain Promissory Note of even date, exe ut by the Mortgagor to the Mortgagee, due the 31- day of ~~~ ~Z~ , 1990, the terms and conditions of which note are incorporated herein and made a part hereof by this reference. THIS IS A FIRST, PIIRCHASE ~SONEY MORTGAGE. The Mortgagor agrees to pay all taxes and assessments upon said premises and alI other taxes, levies and assessments levied upon this Mortgage and the Note which this Mortgage is given to secure before the same become delinquent. T_rY the event the Mortgagor shall fail to pay such taxes before delinquent, the Mortgagee may pay such taxes or other liens and shall have a lion secured hereb, for thz a...o~~.t a:a sdvanced with interest thereon at the rate of sixteen per cen*_ (lb8) per annum. In the event the Mortgagor defaults in the payment of said indebtedness or any installment thereof in accordance with the terms thereof, or otherwise fails to perform any of the other agreements herein, the Mortgagee, at her election may declare the entire debt secured by this Mortgage to be due and collectible at once; and may foreclage this Mortgage for the satisfaction thereof. Signed this tis' )__ day of -L_`~~~,-_=~_._.-_, 1980. F', D, &.- DEVELOPMENT GROpP, a Nedra `~ ~rtnership ~_ $Y ' ~ ~ 1~~;' - " Richard ~arpenter f Niels Cp.jMcD~rmott Ray~'Connor -~___r_..._. ~' r' / By ~-Y'v 4l,&[..;i _`--'^C ;. r1 C.!'<'f::.~-i-, Thomas Swiatoviak ul ,~ _ ' ~ /. ~ , , r .'J'am s~rt.'~(illman Hy __ '` f~ ~'' lr~!,ae l'.., c_~w~___...__ _. ~nyp~'. .rS ~ ., l /' ':' _,_