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REAL E'$TdTE NORTfidGE ids eta zaa-ae (acv. 1-zz) ~
<br />pare December 7, 1981 3 `.-
<br />3
<br />Harold H. O, PopRe and Lila M. Povpe, husband and wife _
<br />- _, Mortgagors,
<br />of Ha],1 county, Nebraska in consideration of
<br />the advance of the principal sum recited Sn the note herelnafter descr Sbed, receipt of which Ss acknoa~ledged, hereby
<br />mortgage and convey to
<br />THE FEDERAL LAND BANK OF OMAHA, a CorD~ration,
<br />of Omaha, Douglas County, Nebraska, whose address
<br />is Farm Credit Building, Omaha, Nebraska 68100,
<br />Mortgagee (subieet to oil, Bast and mineral rights owned by parties other chart Mortgagors; existlae a^semen4s of
<br />recorC; reservations 1n united ,Cates and State patents; and the rights of Che public Sn all highways!, thafollowing-
<br />descrSbed real estate in H811 County, Nebraska
<br />SEC. iMP. R0.
<br />Lot Sixteen (16), in Eartelt Subdivision of part of Lots
<br />Seven (7), Fifteen (15), Sixteen (16) and Seve.rdteen (17),
<br />and Eighteen (18) of the County Subdivision of part of
<br />the South Half of---------------------- 5 9N
<br /> 9 W 6th P,M.
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<br />toga ther with all of the right, title, and Interest of Che Mortgagors In said property, including a1i buildings,
<br />improvements, fixtures ar appurtenances aoa- ~:r Dereatter acquired, !neluding all apparatus, equipment, fixtures or
<br />articles used to supply heat, gas, air cond!LSoning, water, light, power, refrigeration, ventilation, br other serv-
<br />ices, and the furnishings customarily or appropriately included by lessors to lessees including, Dut net limited to,
<br />mlrrbrs, acraans, windows, storm windows and doors, carpeting and ether fiber coverings, in-a-door Dads, awnings.
<br />stoves, refrigerators, water heaters, a!r ~enditionars, hwni differs, hearth and fireplace aquipmaat, all of which
<br />ara.deciared to be a baI•C if the real estate, whether yhysically ateached thereto or not, and daacasd.a parelon of
<br />the security for the indebta:L^.ess herelnafter described.
<br />Th!S mortgage is given to secure a Promissory Here of oven date herewith, executed Dy Mortgagcrs tc Mortgagee, in
<br />one principal sum of THIRTY-THREE TFIOUSAND FOUR Hl)NDRED AND NOIIOO - - - - - - - - -poL1aRS,
<br />peyaDle Sn lns[allmencs with interest according to the terms at said rota, the last installment being due and pay-
<br />able on the first dey of December, 2001 This ronvayance shall be void upon the payment of said
<br />promissory note.
<br />Otte Mortgagors agree to pay, 1f requested Dy Mortgagee, on each installment date, in add141on to the sums required
<br />In the epbve-described promissory note, asum equal to the amount determined by the Mortgagea required to accumulate,
<br />and p4/ the insurance premiums on policies of fire and other hazard Insurance covering rho mortgaged premises, and
<br />the real aststo taxes acid assessments due an the mortgnged premises 15 days yrlor to the due dates thereof. In
<br />the evont that the sums accrued for the P9Yment of the Bald premiums, tuxes, cr assessments era Snsuft!c!en4, the
<br />Mortgagors will, upon request, pay such additional sums prior to the due date thereat. Ali sums re<'.elced rheretor
<br />shall be applied on the princlPal balance until such time as they are withdrawn Dy Mortgagee for the payment of
<br />said premiums, eaxas, or ass'aa'smants.
<br />This mortgage Ss subJeac to the provisions of THE FARM CRF.D1't ACT and all acts amendatory thereof rr supylemental
<br />thersto. 'Cho proceeds of the loan secured hereby will be used for the purposes spec if led in 4!ia hfurtgt~ars~ apFll-
<br />catlon for said loan atld authorised by Bald Act.
<br />The Mortgagors, and each of them, hereby warrant Ghat Lhay sre fee owners of the mortgaged real property; chat they
<br />will defend the title against all claimants whomsoever, and chat said property !s tree from all encumbrances; chat
<br />they will keep all Lhe improvements, fixtures, and appurGanancas aecupled and 1^ good repal.r and permit nn sots bt
<br />wa9ta; and they will re llnquish all rights of homestead In said premises, and cuvanrurt and agree with the Mortgagee,
<br />as foil.aws:
<br />(il prat they will prly when due all texas, hens, ,lodgments, or assessments which may be lawfully assessed aqa lnsc
<br />the property herein mortgaged.
<br />(2l Tlrat they will insure and keep Lnsurad buildlrrgs or Diner tmpravamants now an ar which may hereof tar be placed
<br />oa-said premises to the satlsfactlon o1 the Mortgagee, such insurance policy shall be endorsed wltn a mortgage clause
<br />with the loss thereunder co De payable to the Mortgagee. A[iy sums received mair be used to pay Ior raCOrlstructlon
<br />of fife destroyed improvements; or, it not so applied, may, at the option of the MarCgagao, be applied to payment of
<br />aqV indeDtednass, matured ar unmaturad, secured by this mortgage.
<br />r~la,~lncludinhea Lvesult Dytche gtrort 1 as to foreclose thlstmortianeaor•arting the security ar the lien of its morG-
<br />gag g gag g g any suit Sn which the Mortgagee may De nvned
<br />a party defendant In which 1t is ob tgated to Protect its rights or lien, !neluding condemnation and bankruptcy
<br />proaeedlhgs, the Mortgagee may incur expenses and advance payment for abstract tees, sCCarney fees (axe opt Cc the
<br />extant proh lb lted Dy law 1, costs, expanses, and other rharges,
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