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PosdtQon 5
<br />Form I7mIiA 42?-i NB
<br />(Rev. 1i-21-89) ~.EAL E3T~TE t1~~I3.TG/6GE 1F~R I~BRA~CA
<br />THIS MORTGAGE is made and entered into by LIIIDA L . CRlEC31
<br />A s'n
<br />res:diatg in F:a 11 County, Nebraska, whose poet office addrsu is
<br />Doni hen ,Nei•-assn 68832 .
<br />herein caEkd "Borrower,>, sad:
<br />WHEREAS Borrower is indebted to the United Staeea of America, acting through the Fumers Home Administration,
<br />United States Department of Agriculenre, herein called the "Government; ' as eviden«d by one or mere promissory note(s)
<br />ar assumption agreemtnt(s), 6srein caikd "noes," which has been ezecuted by Borrower, is payable to the order of the
<br />Government, attthoriua acceleration of the entire indebtedness at the option of the Government upon any default by Bor-
<br />rower, and is described a: follows:
<br />.Snnuai Rate Due Data of Find
<br />.Date of IsrstnsrnessB Principal Amount o Inter+ast Instel6ss~t
<br />October 2, 1981 $43,600.00 13.250 Oct. 2, 2014
<br />(if the interest me is kaa than '&` for faint ownership or opcating loan(s) secured by thin inmument, rhea the
<br />rate maybe e6sr~ed.u provided is the note.)
<br />And the Hots eviden«s a bw to Borrower, and the Goverament, at any time, may assign the torte and instsre the pay-
<br />ment theeeof ptasuant to the Conaoiidated Farm and Rural Development Act, or Title V of the Houring Act of 1449 or any
<br />oth« ~atute adtniniatered by the Fain«a Home Adminiatration>
<br />Aral it is the purpose and intent o£ this instrument that, among other things, at all times when the note is held by the
<br />Govarnnxnt, or in tits event the Government should assign this inrtrument without insurance of the nose, shin instrument
<br />shall secure paymsat of the sore; bet: when the note is paid by an insured holder, this inst:ttment shall not aeeuro payment
<br />of the Hoke or atrsch to the debt evidenced therobp, but as to the note and such debt shall constitute as indemnity mortgage
<br />to secure the Government ag3inat loss under in insurw« contract by reason of any default by Borrower;
<br />tad t:'ais ;raadr..nant also Musa the recapttt•s of env interest credit or subsidy which may be granted to the Borrower
<br />e.y the irr,'~r~~~~ F~~tai.t to 4a !.4S.t~. Ss4ona,
<br />NOW, THEREFORE, in consideration of the loan(s) and (a} at all times whoa tht note is held by the Goverrtmeat, or
<br />~, Wo ant h- -`-===~~~. ~o~ald ~aam-^^,^^-^-s without insurartce of the payment of the note, to secure pmmpt
<br />pa7a-.eut of '.:~- _' e a d ° - E == =w~ s €=t= c`----of end any amanra contained titatain, i~cludir~ any pr~viaion
<br />~E •~= . z--t4-~r char rb~ _, -ii r_Rt€3 when rise not€ is hsxi oy an in~~il hs.~.«. .-s:aro p::-
<br />Tor the payment 9z` :.u a,z=5~ars `_ ae, t
<br />_ s-~~~ .r :~~~g.G~ e_a ~ c~_u. iiir~.;=~ .~ ~ €re~:ut ar-aisat .L+e..,...:.."'r_.F. its irta3r3..:~~'
<br />r,irlnanGS of sz<vroww'a a~~si~€-sri us~~e .v ,._~.....~: °._ _- ___- - _- -- o
<br />centrsct by rtasen oT ~y d€fsuit ivy ao;:vwu-, and iti) _•-•~; ~c«t a~ at a~ tip _~ s~'u*-a tba p~~`~ parmsst of all
<br />advances sad szpendkures made by the Government, with interost, ss hereinafter described, and the performance of every
<br />covenant and agratment of Borrower contained heroin a is any supplementary agroamsnt, Borrower does hsseby grant,
<br />ber®aia, seIl, canrey and assign, with general warranty, unto the Govsrstsnant the following Property situated in the Stars of
<br />Nebraska, Couuty(ies) of
<br />iia11
<br />Let '1'ivo (2) . .in Graf Subdivision, in the Village o: l]oniphan,
<br />13x11 County, :7ebraska
<br />FsntiA 427-2 NE (Rev. 21-22-g0}
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