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X31 ~Utri2807 <br />REAL ESTATE MORTGAGE <br />MARY A. ROWLEY, a widow, Mortgagor, in consideration of FZfl'TY <br />THOUSAND DOLLAP.S ($50,OG0.00) received from Mortgagee, mortgages to <br />Bank of Woad River, a Nebraska banking corporation, of Wood River, <br />Nebraska, Mortgagee, the following described real estate situated in <br />Hall County, Nebraska: <br />An-undivided one-half interest in the South Half ~£ the <br />Southeast Quarter (S~ SE`,) of Section Seventeen (17), <br />'Pawnship fien (10) North, Range Eleven (11), West of the <br />6th P.M. in Hall County, Nebraska. <br />This Real Estate Mortgage is given to secure the payment of the <br />principal sum of FIFTY THOUSAND DOLLARS {x50,000.00) and interest from <br />June 1, 1981, to June 1, 1982, when the principal sum of FIFTY THOUSAND <br />DULLAR3 ($SO,000.00) plus interest at the rate of 1? 1/2 percent per <br />annum are due and payable. <br />t~:ortgagor agrees to pay all taxes and assessments upon the real <br />estate and alI other taxes, levies an3 assessments levied upon this <br />Real Estate Mortgage an3 the Pramissory Note which this Mortgage is <br />given to secure before payment is delinquent. Zf Mortgagor fails to <br />pay the taxes an3 assessments before delinquent, Mortgagee may pay the <br />taxes and assessments or other liens and is given a lien secured by <br />this Real state tortgage for ti7e amounts advanced with interest at the <br />rate :.;f 17 lit percent per annum. <br />If .-lortgagor defaults in ?ayment of the interest or principal due <br />anti l.ayable on Juno 1, 1982, ar fails to perform any of the other <br />agreements ire this Real ~atatc~ dart<Jaye, t".ortgagee may at Mortgagee's <br />election declare the entire debt securez3 by this Real Estate Mortgage <br />due and uayabie at «nce and farcclose t?.is Real Estate "-2ortgage for the <br />satisfaction of tl:e total amount ~'ue. <br />Dated: June 1, 19131. <br />i. ~ , ~ 1;: <br />(M~ry Rowley) <br />STATE UF' Nt;:3KA5KA, L~tiN'i'Y •JF' H4Li: <br />The fareyoing instrument was acknowledged before me this .June 2, <br />1~tii, by Mary r;. Rowley, a widow, ~iortgayor. <br />aFata~tamnar-a,.,.1i,o,.,i, / <br />s aco~fl y ~yz,.,~.ur.,. <br />Notary Public <br />