|
t
<br />$S-~iti'4~~S~s
<br />MORTGAGE
<br />THIS INDENTUKE, Made. and executed-this ~~-day of August, 1981,-
<br />by and between MAKTIN S. hvETTER-and DIANE S. nOETTHR, husband.-and
<br />wife, of ~?p / i:-=t;s"->° -r:~.~ ter; }e n. ~~ l.i~..~~:LC: ~ r\;'t=.C1/~!},a,~'t=r_
<br />parties of-the first part, and MERCHANTS FINANCF•. COi4pANY of 3351 Gor-
<br />ham Avenue,-Minneapolis,-Minnesota 55926, party of the second-part,
<br />wITNESSETt;, That: the said parties of the first part, for and in
<br />consideraticn of Ten Thousand Five Flundred and no/100. {$10-,500.;00)-
<br />Dollars paid by the-said party of the second part; the receipt whereof
<br />is hereby.acknowledged, have granted,_bar~az.ned, sold and, conveyed; .and
<br />;~}~ these pr:,=6t,ss, da meant,-har~rai^, sell and comiey, unto the s3ic7
<br />party qf-the.-second part., the follaainq described :eat -estate, situate
<br />in the County of Flall, in -the-State of-Nebraska, en-wit:
<br />.The East Fifty-seven Feet C57') of--the t9est Sixty-Fi~'e
<br />-Feet (65') of Lot Five k,5), [31gek'Two,(2J in the.i~?estcr-
<br />hcffs First Subdivision *o -the CTt~° of Grand I~l-and,
<br />Hall County, Nebraska'"
<br />-together. with.-all-. the tenemnnta, herec3itaments ,and appur_tenance~ to
<br />-the same belonging, anti-all the estate, title, do~..~er, right of hiame-
<br />'stead, claims and dercands whatsaevzr_of the said aarties-bf the firsE
<br />..part--nf; in or to said premises nr any part thereof: that: said""lremises
<br />-are free from all incumurances exeent:an ex~stJnc~ first mortgage of
<br />record (frgm parties of the first part to E'~:st Federal er" Lincoln,
<br />Lincoln, Nebraska} and except aasertients and_restcictions of record,--and
<br />that said..narties of the.first.aart will '•~arr~:nt at:d'de£end thy: title.-
<br />to said: premises against the lawfuk c:laitns anu .?emends nF all_persans
<br />whgmsgever except as above provided.
<br />Provided always, and these preseerts are upon these tonal;-ions:
<br />r~h€~reaa. said partzc~ ~F` ciao l,i<. s: aai ~ ~c. _, ....~c.. ....~ ,._ . _ _ , ,~r, -
<br />- the=Said--rutty''-E7f the, sece:t~ per. .1 Yrocci:;scr•, ^tatc .._ ~vcn -.st., :-:creQf --
<br />payable sett demand in° the amnunt uY ;'en '.houband [ i:~a [funurr._i anii iiu!iQ0
<br />($,~,0,;500.Q0) Dollars, ~ditn .ate rest. at the rate nc t~xel'~^e !12't.) ~arcer.t.
<br />_ Now, if the said ;~orci~•a of the t:;rst part shall w~:il un~l ~ _<ly' :>a'r c=r
<br />- f:a i15 C' Ct2 ~Jt'' a'.-.; t T~ `?tr; 5 -> 4Ft?'F° .n alit: :.eft F, tet ..°~2;tt:t~cfr '^`k-`. ~7
<br />interc,st tnerecn accvruny to thu tutor and ~tfoct o: sari note, anu
<br />Shall dull keeg,~ pertor:c; al: the: other covenants anti ayreemants ha rein
<br />- C4tlta~uudF [a~a-til~sa~ yY~:;tc~c_5 ro i~i_ ~1~tii- an~i_•rcziu, rsuc __ir s;~i~i ~ur~~__, _
<br />of money or any part th~.';:~o[, or any interest thereon,. is hoc, Maid
<br />when the same is duel' or i€ sail parties of the first paler shall fait
<br />tq.keep.and perform-any eox~ana#its herein eontaineu. thc~.holder herae?f
<br />shall haue the ,option to declare the wlinle, aE sa9,d tndabtedness due
<br />and payable at any time after-such- failure or dd€~ult,-.ant; may:: maintain
<br />an .action at Taw.gr equity to,recov~:r the-:same and the con~enegt s~f
<br />such actson shall- be the on3y notice ca€ the,e.~ereise of 'said r~litian
<br />requ#.ted,
<br />IN TESTIMC2NY htFi~ttFi~E, I`Te have` hereunea sat oqr halt~is the play above
<br />.written,
<br />-~ rtzn ~.~Kastterf
<br />.,
<br />- -' ~ _
<br />
|