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<br /> A' Of OU402
<br /> tract land cc'mprising 41 p 17:t: f the, Northwes IL Quarter (PW4 )
<br /> of Sect On Thirty_Six (36) '3.`0WnSh3,P,'Twelvr_, (12) ':North, Rang. Twelve
<br /> (1.2) West of fihe 6th p.m., alai I County r:' Nebraska, more partir- A.nr1y
<br /> Sle,,cribed a .fpl.l.ow:s:
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<br /> Heg;inn:ing at the Northwest corn,f said NWke Section Thirty-six (36)111
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<br /> thence Southerly a:l:ung the West. ply 7 ne of said NWT Section' 36 a dis--
<br /> tartce of three hundred eighty-seven:087) feet; '<thence Easterly and,
<br /> parallel to the Northerly 1.4ne i,]f aaid Section 36 a distar,(;e of
<br /> one hundred 'forty-eight (148) f,eetr.:the,n
<br /> crw 34orthelrly andparal:7:e1, to
<br /> the Westerly line of said M1h Sect-ion 36'a' `d:istantaCe ' of three h:undr43d
<br /> eighty-seven (387) feet ;to -a , Po on the northd3 ly. line of said, N 114
<br /> Section 36; thence Westerly 'al.ohg the Northerly Urxe of said M'+7At'
<br /> Section, :36 a. distance of One Hundred Forty-Eight (148) feet to the
<br /> place of beginninc; and containirig 1,315 acres more. ear. Iess,
<br /> subject: to a prior xiortq•age
<br /> in. the in f: car of Federal Land Hand: of Omaha
<br /> e~r_zgia al ~ art01int oa: $80; 900.00 filed. July 2, 1976,
<br /> and subject to a :,iortgage in favor of the Farmers Eomr, Administ.r.,-it:ion
<br /> in the original amount of $.55,1300.00 filed February 21, 1979,
<br /> and subject to a_ anortgage in' f,avrorof the Equitable Building & Loan
<br /> Ass=.iation of Grand Bland, ' Nebraska, in the original amount of
<br /> $28,000-00 filed April. 30, 1.976.
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<br /> toget tr with all rights, interests, ca.sem.cnta, herrr;cli.tarnents and appurtenances thcrcurr~o belonE>i,-g, toe rents, issues, and
<br /> profits thereof and revenues and income there9:rora, all improverntnts itnd personal property now cr motet aatt:ac~ ed tharetc or
<br /> rsaaonably necesiax-- to tin use. th-rr.of, ineludinf!;, but not litnired to, to nger., refrigerators., clothiMn, rnas2 er%, clothes dry t s
<br /> or car,pctm surchavd. or Gnanced in whole or, i,n part with loan funds, all water, water rghtx, &M, -water, stock rtair.ing
<br /> thr,xmo, and all pa~rmerts at an time owing toj1orrower
<br /> any by vit•ttne of any sale, lease, transfer, corwc~~ance, or atrndt niY:atto:l
<br /> of iuq part thereo4 or L-.temn .herein-,all of whkcl, are herein called "the property" ;
<br /> T'O HAVE AND TO HOLD the IMop" unto the Government and ki assigns forever in f v simple.
<br /> BORROWER fer Borrow,tr's self, Borrower's heirs, exectrtorrt, administrators su.cces:soxs atad assigns WARR/!hTrS ThtE
<br /> i'.L.E to the projN:rty to the Givernumr_~at agaiaast all lawful c lms and d+emand&whsttsoever except any Hens, enctmbrancts,
<br /> ea:si:rnCz ts, reserrarions, or conreya laces. spc+ iEnd hereinabove, za.d ODVENANf°S AND AGREES as fedcws:
<br /> (J) To pay promptly when due: asny, indebted' acsa'tu the C, vernment hereby W'%Iv red and to indemnify and -.aye harm
<br /> leu the 'Government u 1st lass undrr,it's insttxxncc of yaprrrer►t of the note by xeaatm of any dtfr~crat
<br /> theses when the note isda by an insured kidder, Borrower shall continue to make payments on the rt;,teo hBorrower. At Al
<br /> e Gcnre:rnmenlt,
<br /> az coibaction agern for the holder.
<br /> (2) To ps,y to the Government such fees and atlser charges as may now or hereafter be regta'irrd by regulations of the
<br /> ]Farmers l-fvmc ftcrninixtration
<br /> 1:3r If recluimd by the Goverrwaent, to make additional monthh payments of 1/12 of the estimated annual taxes,
<br /> sm,"Aments, insurance premiuou and, other. eharges.upoct rhhr:,mortgagrd premises.
<br /> (4) Whether or n6t.thc rwkte is assured by'the Gbvl,!rn ent, the Government nuty a t . ray time pay' any other ansounts
<br /> required Facreio to be paid by Btx,-mwcr and n-vt paid, bar flarrower when due, as well at, arty costs and expenses for the pre.
<br /> sz- vation, protection, .Or en£orccrnent of ;this kN as advanims for the account re f rri:;;. cc,ww. All w6k acfvaAces nhal; hear
<br /> h%teresr at the rate home by the ;,rate which has the fi*,hest interest cart.'
<br /> (5) X1.11 advances by the GGcverament As described it. this instrument, with interest, shall be i.nmediatel) clue and pay-
<br /> able by Bc•rrower to the Govem went without dc:xitand at the placae designated are the 1;test note and Breath be serured hereby.
<br /> No such a4vwice by the Government shall relieve Bo-,rower front breach of B*rrowees covenant >o pay, Sukla adwano-s,
<br /> with interest, A41 be re aid Gam the first rrailarble coll:ci:tons received, from Borr,•crwer. 0dterwise, '-nyr payment made by
<br /> Borrower nzay be applied on the mote or srty indebtedness to the Government ric:cured hereby in any o•ndct the Gove!runert
<br /> determines
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