REAL ESTATE MORTGAGE FoaM etc zoo (acv. 1-»)
<br />oats April 22, 1981
<br />Edward J. Rachman, Jr. and Carole L. Rachman, husband and wife
<br />Mortgagors,
<br />of Hall rounry "Nebraska in consideration of
<br />tDe advance of the prinripai sum recited Sr, the note hereinafter described, receipt a.* wittcD is acknowledged, hereby
<br />mortgage and convey tc
<br />THE FEDERAL LANG BANK OF 0-iAHA, a Corporation,
<br />of Omaha, Douglas County, Nebraska, whose address
<br />is farm Credit Building, Omaha, Nebraska 68100,
<br />`F;ottgagea (sub.l ect to oil. gas, and mine.^al rigit is r;wnau' by parties other than %nrtgagars; existing easements of
<br />record: reservations in tinned States and:tar,2pstacas; and the rights of tb2 puDltc in all highways), thefollowing-
<br />Aall Nebraska
<br />described real estate to rour.ty.
<br />SEC. TMP. RO.
<br />N~NW36; and SE~yNW~; and NE~SW'Z - - - - - - - - - - - - - - 29 11N 11 W 6th P.M.
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<br />co., a±nt, 160 ~s;•--, <;re ..- Jq.= w r_ r. and nt_ 2st
<br />•~t •:g ~r ail of [ha lc2irt, S le, i er
<br />{new owned or hereafter _„s! ^.- .s<-:e,..- -. ~?. i'$ =11 buildings, improvements,..*Sxtures,
<br />or appurtarax!ees nn ~?r h_.c.t.^ ,:1: , rtf,, sl. .er .!r". i:,n, ird G^a?na$e rights; the ranements,
<br />her edi~:getents, Ya:4~ Hr,.u:•t~nsnc=~; 'he^ 1-.~ •xt,•s, and pre f; !s arising Tram said lands: and ,.f
<br />the Morcgsgnrs~ rlgJt is Sn ti, ;-ntr. :~. +. rri Mnrr ~.gea serurt LY Furpeses) all leases. permits,
<br />x,r:en~ arprlvlleges, apP',. aa. .r„ur~l.s,t ,,z rrmises ncwc hereafter sued, extended,
<br />rsnawnd the %artga€ers } - 1 .-.,,.._ 'r ...t st In s ..nth.- aD.;ve-described property is located ar
<br />aSIS dePeF'Hme ~t., DSir... ,. t. 'ig2a:.~ ....,,..-.f.
<br />"_'hre 'tlDrt gaga !5 ,;,:Yen to :'8!:!1.^• ,: .... _; n:y r.., __ ., _° ?VPn ~.. ,.t t•E*1'L"ki th. F.'Rpril Ltd D,'r' %oCtgagarS fC %Ortga$28. 1R
<br />the prln~±pal 5u.a of ONE HUNDRED EIGHTY-SZX THOUSAND THREE HUNDRED AND NO/100 - - -
<br />L'{-[.LAAS
<br />p~yaDie with intores'. according, -.., ,..._ .~...~ r.. sai~- r._. the f,..s payrsr,t. b21n$ due and payable on the first day
<br />,~ April, 2001 ---,-_. :T.is r.,. . --..... ~..... dr cold ;;pan t^e pa;~ment of said pramissotY note.
<br />?his mortgage Ss sutr ect to the provisions of 7F,e::AR% CG:Eu~i': ACT and ail acts atrerdaton thereof or supplemental
<br />4Ra.*eta. ^,4;e Drecee s of the .car. sec.:red n2r2by w11i 0= ::..__ to t.*,e pur,^cses specified 1n the %Drtgagors~ sppll-
<br />catlon for slid loan and out-harized D,~ saiC Act.
<br />7La t+.ertgagors, and sacs cf them. .*,araDy xa,-ran'_ the*. r_hey ~ e *ee ^-rulers of the ;tnrtgaged real FroFartY: that they
<br />will dstanndd the ti*_12 aga3nst aL1 t,almaf;t.=. whc~msae•:ar, that safr" ,.roperty is free iram all .envunDrances; that
<br />they will kee;; all the imprbvamaats, fixtures, a:d r 2narces occupied and lc good repair and permit no arts of
<br />Este; and they ++111 ralin4uis., al= rlght~ .._ ^r,,.._„_._.. _.. said rrem3se~, and covenant and agree with *_ha ;mortgagee,
<br />as fallo;ks;
<br />(ii 'iTirat Lhey will ysy w13er, due all taxes, .:ens, ludg:nan*.s, or asses:rm2nts wDi Ch may De lawfully assessed against
<br />the Property ?sereln mertgageC.
<br />($) That they wail 1.^,s::re and 'xea,^. :.^.surad build?r,g8 cr ether S;ePraYemsncs new an or whir_h may ?ter~~ttar be pla.~ed
<br />on said Premises Lo the set l.sfattior. of t^.e N.crtgr~ee, sv~~h :nsurinea palir_y s!;all be ?ndersad witty a mortgage clause
<br />with the ions thereunder to De payable ~^ tP.a %artgagea. kru sums race Y2d may De useG to C=J tar'raronstrlction
<br />ct the de3R^eye, -ove!rsent= or, sc ^1'sd. .T.ay, t he ,ticn~., the '?nrtgagse. Dx ~FFliad it payment .;,
<br />~iY indebtednesa,}isa Gir'ed or trnroatu ed. _.".~ .~Yhy -,.~_ ..,. t€~~.r..
<br />cal F'_= F~~,'+ all rents, fees, or cDn.,rgs, ^ew due nr to becomr~ due :nder the "arms at aacD lease, permit, license, r
<br />Privilege ere "ze guD13c domain wY,1ei*. ':~ sppurt2r;ant or n;:nappurtenaht to the mortgaged premf5es, whih has Dean
<br />isssrnd, extended, ar renewed Dy the tkrltad gtstes nr tDe state Sn wtlich >!le aDnve-,ascribed property ;s iacated: and
<br />to Pert4:Yk ,gird cDsarre even act, enverant, can-dlticn, •~ ;Lipula±iort necessary W keep each of the same gpcd
<br />stackiirtg, end to La&a event' necessary step cc ssew:e the,:'efe,sia, renewal or extension of each of tl;s same: sand to
<br />as<:1gi3r rive, ,.ledge, Dr endtarse to the Mb^±ga;seo as^` Se-:se, S~ermlt, ticensa. cr Privi legs :. t!artra;~ors~ r3&~lts
<br />in Lsiirll.^ Ccstain are- rery:~lred Dy r~rtgage2`br sa*_^arity ,p.ur.,,~sas. .
<br />t[~ T~€ 1fi tTie @vst'L Lhe t+sirtgagee r, agar r_y to arty I1 Ligation affecting L e .~a - Y - r t :.en cf ice !4t:r'L~-
<br />g ,:SDlslfr:a ~ srrft ;:y Lire t°~r'1gayee r • -:^eciase t;: „ ~rtgaga q.y z wh h ~ :a rcr Ka;~,ee -.ras .e nsmed
<br />a fnrvydQf~andant i?s whlsh 1t ?& oDllKxted prefect .ts rig.':4. -:;. i.er., .n_l..d,t,n canSamna_,on and Darkruptcy
<br />,:i~o~asol:sga, 'ht t'~r`t~ :way 123Di3r sal. r es aX`' s4ua:;ee -avP.*~nr ~r xbs' !r r iee:~ a ~;::rav ".See .±x,~BP' :-c tDe
<br />axfbsat ,~t'uirlErlteti Dy law), caste, expeer.~e.., ~~rd .thsr ni.arhes.
<br />`~l 'i?r~y lri tn£ ~vga3. the *ir +.rr'.= fall T .. ~;{ w„er, doe rl:ly •.kz:s, ~s:dgmme:i-.~ lr arse; penis, :a.i -
<br />n -•,' ~.+~~ -ta ~ r:s.3 f - --^ t3 e' r ,t _;, _s t - --- t-. ~. _. --d ;e ?m3 { .-ryes,
<br />vd'+FT_T,-.1 '~:S:fi= YS, ei~B i. 'k31"Pgat?t?R ~ er re!d .'.r .. X",S+r..32~ _ t aD ?-a a, a ~ h ~ e =
<br />arx,~g ea, au rai`ta~t :a nurat5~ r w Lt ;.itign i.,n ~s5 vat make tr ~r'r~n -.; ~.t 3 - .r -~r.. ,~.
<br />- .'.~ ~7 aF~ ~2 AL~ t.t€~u' -_i t-sr~.f' ~F~-. r.. ~E h -`37'* t~-. jib tx ~:•~ N- i''a L} ~ .
<br />rc...ry.,r n irne,,:a4_ly, ~n•3 ~r$11 hear tntrirase is°cm .ltc .,,.v 5i ,.aye[ at x.e °a c+rte v ,cr....;ad .,a ,a~s~.+
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