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<br /> � - �� � 92- 101806 ��
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<br /> ����� .;c„ e.,:%i.•P?;'`(� � 1t8J1L PR�OpSEt'1R IIO�AT�iAQB •�.
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<br /> � ;,•'�±'�. H. Eugene Bishop and Elains J. 8ishop, hueband and _
<br /> �,. . ;; �` � wife, herein called the mortgagor whethsr one or more, in Y_
<br /> r- � .,,,,,;.•+p.,.r;;� • ,r considexation of THiRTY-�'iVE THOUSAND AND NO/100 DOLLAR$ ��
<br /> (�35,000.001, received from mortgagee, does mortgage ko Andrew L. �LL�`�"�-
<br /> � . � �.�. .;; Horn and Falicia H. Horn, husband and wife o£ cirand Island, �
<br /> " � • ��.:;� . .; Nebraska, mortqaqee a
<br /> ; ' .�.,`.'.,�`•';.�i; '.
<br /> ; �'�° � `. The East Half of the Southw�se �uarter (E}SW�) j the
<br /> � � � West Half of the Southeast ¢w.a�ter (W�SE} ) exceptinq a
<br /> ' �n � � 1.29� acre tract described i.n de� recorded in Book 173
<br /> ��•�.: ,
<br /> , „" ' at page 367 of the offiaia]. deed records of Hall
<br /> -- ' ' ., , County, Nebraskat the Southw�st Quarter af the __
<br /> � , Northeast Quarter lSW}NE�) f all in Section Three (3), �::._
<br /> ���~�Y"'��;�� '� Tcwnship �elve (12) North, Range Nine (91, West of the ��µ��°-=R
<br /> Sixth P.M., Hall Counky, Nebraska. �•�`
<br /> � '` And the mortgagor does hereby covenant wi.th the -- -
<br /> mortgagee and with mortgagee's heirs and assigns that mortqagor �'��~
<br /> is lawfully seised of said premises, that they are free from �--
<br /> encumbrance, that mortqaqor has qood right and lawful authoril-.y ---�
<br /> to convey the same, and that mortgagor warrante and will defend �� "d:''���--M:
<br /> ° the title to said premises against the lawful claims of all �i' •� `�.
<br /> -- _ ---- �zs�ns wht+ln��ver. �--_:
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<br /> • . This mortgage is qiven to secure the payment of the :,����.,,.
<br /> � � �, promissory note of this date made by mortqagor for Thirty-Five ��1�=--•��
<br /> � , Thousand and No/100 Dollars ($35,000.00) payable in insta].lments _.
<br /> ••����`: with the final installment due March 1, 1997.
<br /> �.:.. ,,.. �Y.��`'�1,;,:-_
<br /> �::'.':5��;: .s...;:�..:. _ �--- .�
<br /> �., .� Mortgagor shall pay all taxes and assessments levied
<br /> . 4F ,..��. -aS�..—
<br /> ,;;s�,,• upon said real property and all other taxes levied on this
<br /> '� �,'.�;;.r.,.. mortgage or the note which this mortgage is given tn secure
<br /> : �: �•�� ome delin uent and shall maintain fire, � . �T '
<br /> :,;,. .. .•��, before the same bec q
<br /> ,,;+�;;;;7�;�'F;;�,;�{�;�>>�.� windstarm and extended coverage insurance with a mortgage clause i '' `__
<br /> � `�;�t`"'� ` on the bui.ldings on said premises in the sum of $35,000.00. If ,
<br /> -� mortgaqor fails to pay such taxes and assessments or procure such �
<br /> � insurance, mortgagee may pay such taxes and purchase such ,
<br /> �, , insurance and the amount so advanced with interest at eight ,. :-.t��_,°°°�
<br /> peraent (8$) per annum shall be secured by this mortgaqe. � ;��...�
<br /> , . ;.. ., .»-,.
<br /> ��,,;:
<br /> `��;:�; � ' In case of default in the payment of the principal sum .. --
<br /> . �,;.•,,.,,; , x==�
<br /> , . „ !':`•... , ... . ,
<br /> or any installment thereof or of any interest thereon when the .e:;._:;���_
<br /> ��,,.., same sha11 becorne due or in case of the non-payment of any taxes � _
<br /> �:.. or assessments or of the failure to maintiain insurance as herein : -
<br /> ' � � � provided, mortgagee may at the option of mortgagee, without f;y '`"�'
<br /> # notice, at any time daring the continuance of such default or ;'
<br /> � breach, declare the whole debt secured by this mortgage to be
<br />'�, �� immediately due and payable and may foreclose this mortqage.
<br /> . i
<br /> � In the event of default in the performance of any of
<br /> ,,, :. 1 � .
<br /> •r the terms and conditions of this mortgage or the note secured by
<br />, � � � it, the mortgagee shall be entitled to immediate possession of :7�
<br /> the property abave described and all the rents, revenue and
<br /> income derived therefrom durinq such time as the mortgage '
<br /> indebtedness remains unpaid shall be applied by the mortgagee to �
<br /> the payment of the note and all other sums secured hereby after �
<br /> �pduction of anv necessarY costs of collection.
<br /> Dated: r!'>.�CG��/ 3 , 1992.
<br /> ' .� , �
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<br /> y� ��.c�i xc � �) � Z I: �/)
<br /> � H. Eu ne Bishop Elaine J. Bishop
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