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<br />
<br />REAL ESTATE MORTGAGE
<br />it„?tu~ ~,~ 1~ Z~I' T~~~~ P?RFS~ATT~. That TRH t~A'i°LFRE C~~~k~CY~ a l+?i3t-
<br />for-Profit Carparation, authorized under the Laws of ttze District of
<br />Crlutsbia, 18OQ ?~crth Kent Street, Arlington, Virginia, in ce~nsidera-
<br />tion of the sum of ONE HUNDR~ SEVENTY SEVEN THOUSAND ($177,000.00}
<br />IJ£fLLARS in hand paid, da hereby SELL and CONVEY, unto LAWRENCE LOCKHORN
<br />and ETF:E:., LOCI~£Ogu , of Hal? County, State of *?ebraska, the following
<br />descried premises situated in Hall County and State of ?~ebraska, to-
<br />¢ether with all imprcve~sents an the following described real estate,
<br />to-wiC:
<br />The SouChwest £~ rter fSt~~} of Section Twenty-ninef29),
<br />TawnrI°.ip Twelve North (12N), Range Twelve
<br />tdest (22W1 of the 6th Principal ?Keridian, Hall
<br />County, Nebraska, EXCEPT the tract described as
<br />follows:
<br />~ieginning at the Sauthwest comer of said Section
<br />29; thence running an the west line of said Section
<br />2~ on an assumed bearing of tinrch fer a distance of
<br />575.Ot3 feet ~a a point; thence deflecting right and
<br />ra.=nning N Sga 3~a' 45" E far a distance of 28I.OO
<br />feet tcs a point; thence deflecting right and running
<br />S ~.b° OO' l9" E for a distance of 57q.'_2 feet to a
<br />paint; thenr_e deflecting right and running South a
<br />distance of Ib~i.55 feet to a paint on the South line
<br />of said Section 29; thence deflecting right and running
<br />an the South Brae of said ~ecti:sr Zy be..ring S FAo 3~:'
<br />45" :~ a distance of 7fiX'i.t}G rey.~ °v r_he ~caint of begin-
<br />ning, said tract cantainin~; ..~f acres ~c;re or Less,
<br />G.§4 acres :mire or less bN~ng Hail ..v~~nty road .ight-
<br />oz-way.
<br />THIS IS rc ~ IRST €'L`RGHR_SE `.`!ONEv' RE,?? EST.4~'L" 'MQRiGAGE.
<br />i'h~ 2I'Lt en lien b2i^g to ^CnV~Y see rr pv 3n abG~it2te title In ten simple.
<br />TO ~iAC~E ANI? :{} HOLD the pre^~ises abpve described, ;ai_b all the
<br />appurtenances thereto belonging, lento tine said mortgagee anr~ to their
<br />heirs Land assigns for+cver, pravi~tesi aldzays, and these premises are
<br />upar= t's+~ express canditinn that if the .said mcrtgagtr, its successors,
<br />or assigns shall pay or oaus~ tc* be paid to the said mortgagee, their
<br />Teirs, ~~rsanal representatives, ar assigns, the principal sctnx of
<br />$t77,{}~}O.UU, payable as follows, to-wit:
<br />$t ?',{?OO.~ pr _.. ipal ^lus _nter~a~ 1 a per atu_um
<br />on the unpaid princir~al~ba:.anct~, payable beginning
<br />'~rctt 1, Z9Sl and a ? ike a~!aunt c' principal plus
<br />interest czn the same date each year thereafter for
<br />ten ye~rS uz?t i % ful; ;~ paid
<br />with interest accordi:~g to the ten~.r and effect of the mortgagor's
<br />a7'r 3.t ts; r~ ~rt}3f~iSSc'7rY ^~L? ~ari~ag r_~p~ tE` kii. ~;h i'he5e ,fJ TeSentS and
<br />sEaal i pay al I tax~~ arza assessments } evied sspcn said real estate ,
<br />and all ether tars, 'e°ries gnd assesstents levied upon this mortgage
<br />4z the Hate which this ssort~F=~~ is given to secure, before the same
<br />acs delinquent, thee: thx.se presents to be void, otherwise to be
<br />a remain in full force.
<br />T,? T r?,?R3'Ya~k .a~F'&'*1 il? ?`i:~t ~~ t:ie .~..,~tbager shay f"ii vzr
<br />pay such real a.state taxes, the said mortgagee may pay such taxes~rt
<br />and tite sum sa advanced shall be immediately repayable b_y said rsart-
<br />gage+~; that any such sots sa ads:anced until it is repaid and the en-
<br />tire ,paid principal balance if any t,rineipal payment is rat paid
<br />~n patyahle shall b€ar interest atlfif per annum until the amount
<br />so advanced f:-±r taxes are rep~sid gar, as the case may be, the de-
<br />€ault in payment of principal is remedied; this mortgage shall stand
<br />as scca~rity far such tax payments and additional interest. (?) That
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