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<br />REAL ESTATE MORTGAGE FORM FLB 208-RR (Rev. 1-n)
<br />i` Date June 30, 1981
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<br />Harland L. Layher, a single person
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<br />:f - Mortgagors,
<br />of Hall county, Nebraska- In consideration of
<br />the advance of the principal sum recited to the note hereinafter described, receipt of which is acknowledged, hereby- -
<br />mortgage and convey to
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<br />THE FEDERAL IAMD BANK OP OMAHA, a Corporation,
<br />of Omaha, Douglas County, Nebraska, whose address
<br />~ is Farm Credit Building, Omaha, Nebraska SB100,
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<br />! Mortgagee {subJect to oil, gas, and mineral rights owned by parties other than Mortgagors; exisGing easements of
<br />` record; reservations in United States and Sta..*,epatent_°; and*.he rights cf the public In all highways), the-following-
<br />[_
<br />described real estate in Hall ~ ;,our,ty, Nebraska _
<br />SEC. iWP. R0.
<br /> Lot Four (4), Block One (1), Farmington Second Subdi-
<br />b~' vision in the City of Grand Island, Hall County,
<br /> Nebraska
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<br />together with ail of the right, title, and interest o.* the ~°artgagars 'n said property, inciud'_ng-ail buildings,
<br />improvements, fixtures nr apikurtenances now .,r hereafter acquired, lncludiag all apparatus, equipment, fixtures or
<br />articles used to supply heat, gas, air conditioning, water, 11ght,pawer,refrigeration, ventilation, or cther serv-
<br />ices,and the furnishings customarily or appropriately Snciuded by lessors to lessees inciudSng, but not limited to,
<br />mirrors, screens, windows, storm windows sod dnvrs, =carpeting and other floor revert ngs, Sn-a-door beds, awnings,
<br />stoves, refrigerators, water heatzrs, air conditioners, humidiriers, hearth and fireplace equipment, all o_* which
<br />are declared La De a part of the real estate, whether p.~ys1^ally attac}!ed thereto nr not, and deemed a portion of
<br />the-securiyy tar the indebtedness hereinafter described.
<br />YY11s mortgage is given LO secure a promissory note of ?van !?ate -*,erewlLn, executed Dy Mortgagors to Mortgagee, in
<br />the principal sum oT FORTY-TfdO THOUSAND SIX HUN7RED AND NO/100 - - - - - - - - - - - IIOLLARS,
<br />payable ininstaliments with interest recording to the tarns of said note, the last installment being due-and pay-
<br />able on the first day of November, 2001 ;his conveyance shall De void upon the payment of said
<br />promissory note.
<br />The Mortgagors-agree Lo pay, 1f requested by Mortgagee, nn each installment date, in addition to the sums required
<br />In Lh6 aDore-described promissory note, a sum equal to the amount determinzd Dy the Mortgagee required to accumulate,
<br />and pay the insurance premiums on policies of fire and other hazard insurance covering the mortgaged Premises, and
<br />the real estate texas end assessments due n^ the mcrtgaged premises i5 days prior La Lhe doe dates thereof. In
<br />the event that the sums accrued for the payment aY file said premiums, taxas,er assessments are insufficient,the
<br />Mortgagors will, upon request, pay such additional s••ums prior to Lhe due date thereof. All sums received therefor
<br />shall be applied on the principal balance until such time as they-are withdrawn Dy Mortgagee-__*or the payment of
<br />said premiums, taxes, or assessments.
<br />Tdis mortgage la sub,+,ect ca the pravisi0us a_* TH£ FARM CRrStIT ACT and. all acts amendatory thereof ar supplemental
<br />thereto. The proceeds of tho loan secured hereby will De used for the purposes specified in the Mortgagors appli-
<br />cation"for Bald loan and authorized Dy Bald Aat.
<br />The Mortgagors, arcd each of them, hereby warrant that Ghzy are fez owners of the nartgaged real property; that they
<br />Wl?L dei¢nd thaLitle against all claimants whomsoever, &'td that said-property is free from all eucumbrahces.; that
<br />ti.;.y wile keep all the improvements, fixtures, and apgurtenances occupied and 2n good repair and pet~init no-ants of
<br />~iasta~ and Ltiey will relinquish all rights of homestead in said premises, andcavenant and agree with the Mortgagee,
<br />asfoll4ws: - - -
<br />{ly That.that'-will pay when due all taxes, dens, ,}udgments, ar assessments whieti may Dz Sawfuliy assessed against
<br />the property har8ln mortgaged.
<br />{~}. That tnay W111 insure and keep.lnsurect buildings ar other improvements new nr, cr which may naraaiter Da piace~i
<br />on saiQ yremises Lotha-satisiaaGlon of the 74prtgagee, sucninsuranae pciicy shall be endorsed with am~rtgage-clause
<br />w3811 t1rd loss therannCer-to ba payable to the h~r2gogee. Any--sums received may De urea-to pay-.*ar racnnstruation-
<br />of ~& dBaLrtY,/ed lm~"ovs:rents: or, if not sq applleQ, may, at-the option of-Lhe Mortgagee, De applleC In Payment,-nf
<br />a?ty. itldatitedllees,-mptiu~ed ur ,yn.BSiurgd, -sacure6 by -this ihbrLgaga. - . - - _
<br />tAY 1'IIat In Cho eve t ., Mn!'"g$geE Fs a party tCr a;yy 11 LSgatlon afferti,lg the security o^ file '.lari of 3t3 mnrt-
<br />gage, i.i IotY1 ,g a~ e try tF.9 MgrLga,Tsa to iareelose th's :tnrtgage nr any °ui '.h whibh Lhe Mortgagee may. D? named
<br />.. }arty ,a'..r~~k5nt 1r whi.*, it is tittllgated--CG Ar~Aec;t its rSgilLS or Y.Sar inC132ttg cbademaatl9ti 9nd bar~kz`-iipticY
<br />g>'oceatiirgs, tR.e ~rr.~noc' ma,~ Sucur axp`enses and asvanee paumeaL.far aDS;rs..>: fe0s, attariiey,tae-s (except tb.the
<br />e?Stant prat!1t~ited h, i?n;, ,+±.t.,, axp@ns$r--, ~Sd other c}~,gas: - - - - - - -
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