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<br />8'l~-' Uf~~$'~t~
<br />MORTGACrE
<br />'lT#islu2ortgegeisentered'intobetwcen HectgeCnek Fay7p6_, A General Partnership
<br />(herein "Mortgagor") and
<br />]*It+li 1tOZNTS BANK (Herein "Mortgagee„)
<br />Mort~gor is indebted to Mortgagee in the principal sum of $ 100.000.00 ,evidenced by Mortgagor's note-
<br />,. - itatiid 11 /:~j$1 (herein "Note") providing tot payments of principal end interest, with the balance of the
<br />indebtedgess,,i[ Writ sooner paid, due and payable on, 'y 1.1 / 13/82 _
<br />To secure the payment of the Nore, with tntereaihs provided therein, the payment of all other sums, with interest,
<br />advanced b9 Mortgagee to protect the`seearityi+ t't~tidt4ortgage, and the performance of the covenants and agreements of
<br />the Mort~gor. contained hernia, Mortga~nrr 41~ h~by mortgage and canveq to Mortgagee the foltowirtg described
<br />.- ~ . s .n.,_...
<br />ptopertylotated.in_ Hale ,~, County,:IVebreaka:
<br />Tha• West Half of the°9out:taest'Quarter (W~SW'~y) , of Section Twenty-Nine (29) ,
<br />Towneh~p Ten (10) North, Range Eleven (11), West of the 6th P.M., Hall County,
<br />Nezbraska; and
<br />Aa tmdivided one-half (~) interest in and to the Northeast Quartet (NEia) o€ Section
<br />Twestty-Nine (29), Trnmship Ten (10) North, Range Eleven (11), West of the. 6th
<br />P.M., Ha11 Cotmty. Nebraska, except 3..718 acres thereof deeded to the Cotmty
<br />of Hall, as shown in the office of the Register of Deeds of Hall County, Nebraska,
<br />Book 164, Page 591.
<br />Tagetber with all buttdings, improvements, fixtures, streeis, alleys, passageways, casements, rights, privileges and
<br />r~ppaetenaaaea lorstad thereon or in aaywi~ pertaining thereto, and the cents. issues and profits, revenioas and rentatnders
<br />tttereot; iadudiag, but not limited to, heating sad cooling equipment snd such persond property that is attached to the
<br />iaapeovemenls ro as to camtiWte a frsstnre; ail of which, including repiw^mrnta and additions thereto, ie hereby declared
<br />to ba a put oL for cwt state second by the i(en of this Mortgage and all of the foregoing boittg referred to herein as the
<br />,.~rh,,,
<br />Idoafgagor turtku:r oanreaagts aed agrees. with Alurtgagty, as fgtlows:
<br />1. Tq pay the inriebtedne9a snd the interest t.herestn as provided in this Mortgage and the Note.
<br />E. `! a the i>wner of the t4vpi!rty`, hav the itgttt, acid authority to mort@~ the property, sad
<br />ark a ~d bjr la a first, and prior liar ou the Yropariy, exorpt ag may otiterwiae ~e set for4h hereie.
<br />- t'~r ~ art to a ~~ -
<br />- -
<br />h tYe , recorded at Book ~ _ __.___ .Page . _ _ _ -cif the 141urtgage Hecards of .. - ~ ._._..- t~>
<br />Nebwdpt, ^Aiclt Mortpge k a Ike prior to the lien created herehy.
<br />C}Otberprioettansorencumimutcea:.._.--_._ ....__. _.-._,..._ __. ... .-.----._-__._._.._.,_._
<br />8, Tattaa, Aaaeametsdi Ta pay when due alt axes, special assessments and all other charges against the i4operty
<br />sad, upioe wNHsa daraaad by ASort$agae, to add to Ute payments required under the Note secured hereby, such amount as
<br />sooty rte wftieteat to eoapte the Mortgagee to day such taxes. assessments nr other charges as they becwne due.
<br />~ ~ To itcep.the improrrmenta nqw ar hares(ter located on.llw red estate. described herein ioaund
<br />ap4ltytt dwta.ga #ry the sad sudt. other bax:tda as Mortgagee tnaY require. in amounts and with companies acceptable t+t the
<br />lam, ata4 rdfb: toga payaktle to the tt{grlgagee, !tt case of toss ender such palteies fire Mortgagee is nutbotiaed to
<br />Il~te~, ool-act wd aue®ptotptae, iR tL dM,cration. air clairrw thereunder at its sole option, authorized toeither apply the
<br />prg94ads to„ipq raiorattop of t0a. Property or uppu the indebedness secured hereby, but payments hereunder shay con-
<br />. - :' _ iinttn uatttaat~a.$aeunsi~T
<br />5. ~ Pweipw Fo= 7Sotaa ami Imuraoce, Notwitbatanding anything mniaiaed in paragraphs ;# and d hereof to the
<br />nary, ldartgayor shalt pay trt the 1llortgagee aE the tlme of paying the monthly instdtmrnts vt peincipd and interest,
<br />ais8-twelftl+ of tits yearly. titres; Anima, hazard imtt~ruce ~o~"""tu^9° and ground mitts (if any) which auy attdn a
<br />pHottty over .thta;Mgrt(~ga, etc as reae4nabty estimated from dime to tip by the Mortgagee. The amounts so paid shall be
<br />Aultf.by the.Moa +ridia(tt ~,apptiad to the paymeut oc dte cleans in reapech luwhteb such amounts were
<br />dr~tikd. Tht #ausr=paid W trln€t*pe. ttreunder era pledged as additiond security for the indebtedness wtcured by this
<br />~. t~gNttp~QeaWtitpay to 1~4rtp/ee the amount of any deticieacy betrrsen the aetud taxes, assesatpents, ituurtwce
<br />p]lR9futas aaft4#rou~ reptc and-fife depust4 herentder within id days tfur demand is made upon Mortgagor requesting
<br />t~Y~tlttt~ettf,
<br />#. Bet@air, ands To promptly repair, feature or rebuUd any bgUdityp nr improveatents new or
<br />~ qp t~ Faray°,, tr( tta~g tS~z r~gerty in ceaf~tic~ flair nzttirir, without wsste. attd free €rom ms~hsnic's os
<br />aii-er iieus not expresFiy sutwedinated to tae fka hereo# not Wrmane, suffer orperutit any nutc~ to exist, nos td dimin-
<br />(:,`, ;;s- t5,yety' t+`.~ v',~;~ of «,.. cam- ~a ~t o€ orq"`'u:~ tom. s~-t; d to ~4n^!y w:k~: al! requit~nrenta crf taw with
<br />trspet;t lit rite i~oparry.
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