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NEBRASKA MORTGAGE <br />This Mortgage made this / day of UP~P b~,_._. , <br />1481, between ROGER W, AUGUSTt~fortgagor an W LI D. <br />:FAIRBANKS and PATTY JO FAIRBANKS, husband and wife ("Mortgagees"). <br />IN COidSIDERATION of One Hundred Forty Thousand Dollars <br />($140,000,00) advanced by Mortgagees to Mortgagor who acknowledges <br />(receipt of such sum which is evidenced by a promissory note of <br />even date ("the i7ote") which this mortgage secures, the Mortgagor <br />',hereby mortgages to tte Mortgagees the following described real <br />',property situated in the County of Hall, State of Nebraska, and <br />'described as follows: <br />All of Lot Six (6) on Island, and that part of Lot <br />One (I) on Island more particularly described as <br />Commencing at the Northeast corner of Lot Six (6) <br />on Island in said Section Nineteen (19); running <br />I thence North along an extension of the East line <br />{ of said Lot Six (6) to a point where said so- <br />extended East line of said Lot Six (6) intersects <br />the Center line of the County Road right-of-way <br />(which County Road right-of-way runs in a North- <br />easterly to Southwesterly direction Northerly from <br />the premises herein conveyed); running thence in a <br />Southwesterly direction along and upon the Center <br />line of said County Road right-of-way to a point <br />where said County Road right-of-way Center line <br />'~ intersects the West line of said Lot Six (6), as <br />such W e s t line is extended to the North; running <br />thence South along the so-extended West line of <br />said Lot Six (6) to the Northwest corner of said <br />Lot Six (6); running thence East along and upon <br />the North line of said Lot Six (6) to the point <br />of beginning, and being the Northeast corner of <br />said Lot Six (6), all in Section Nineteen {19), <br />Township Nine (9) North, Range Eleven (11) West <br />of the 6th P,M „ Hall County, Nebraska, together <br />with all aceretians thereto. - <br />Together with all rents, easements, appurtenances, he_reditaments_, <br />interests in adjoining roads, streets and alleys, improvements anti <br />buildings of any kind situated thereon and all personal property <br />that may integrally belong to or hereafter become an integral part <br />of such buildings and improvements, all crops raised thereon and <br />all water rights benefiting or appurtenant to such real property <br />(collectively "the Property"), <br />Mortgagor convenants with Mortgagees and their successors in <br />interest that (i) Mortgagor holds title to the Property in fey? <br />simple and has lawful authority to mortgage Che same, (ii) the <br />Property is free of liens and encumbrances except as stated above, <br />and (iii) Mortgagor will defend the Property against the lawful <br />claims of any person or entity, <br />1, PAYMENTS, Mortgagor shall promptly make all payments <br />required un er t e Note and any other instrument securing the Note.; <br />2, TAXES, tortgagor shall pay such installment of all taxes <br />and special`assessments of every kind, now or hereafter levied <br />and assessed against the Property or any part thereof, before same <br />~.. um... <br />ssao~q <br />t 1~00i. <br />e~F dMe '~•irWn <br />