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<br /> �� ,.� gg� ��,�r�80 REAL ESTATE MORTGAGE � N = ' h -
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<br />- � KNOW ALL MEN BY THESE PRESENTS: ThaBndES ateEofBNebraska,�in -
<br /> ? BUDDE, Huaband and Wife, of Hall County, _--
<br /> � consideration of the sum of - - SEVENTY-EIGHT THOUSAND 3IX HUNDRED
<br /> .' DOLLARS ($78,600.00) --°--r in hand paid, do hereby SELL and CONVEY -
<br /> �` unto RAY C. WIBBELS and VEDA M. WIBBELS, Husband and Wife, of Grand
<br /> �� Iremises sit at d i� Ha].1 Countye a d State of£Nebraska,dtoCwited ^-
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<br /> The Sauth Half of the Northwest Quarter (S1/2 NWl/4) of =--
<br /> Section Twenty-one (21) , Tov�nship Twelve (12) Narth, Range Ten :
<br /> � :ti (10), West of the 6th P.M., Hall County, Nebraska, containing _-
<br /> 80 acres more or less. �
<br /> i The intention being to convey hereby an absolute title in fee
<br /> simple, including all the rights of homestead and dower.
<br /> TO HAVE AND TO HOLD the premises above described, with all the
<br />_ , ----- - appurt�nance� thPreunto belonging, unto the said RAY C. WIBBELS and
<br /> . VEDA M. WIBSEI,S, Husband and Wife, Mortgagees, and L� �rjeir h�irs �
<br /> ' and assiqns Eorever, provided always, and these presents are upon
<br /> � the express condition that if the said DENNIS E. BUDDE and KAY
<br /> BUDDE, Mortgagors, or their heirs, executors, administrators or
<br /> s , assign� shall pay or cause to be paid to the said RAY C. WIBBELS
<br /> " �� and VEDA M. WYBBELS, Husband and Wife, Mortgagees, their heirs,
<br /> ' ' �'x� executors, administrators or assigns, the principal sum o#
<br />"; „ $78,600.00, payable on May 1, 1998, with interest aacording to the
<br /> � tenor and eff ect of the Mortgagors written Promissory Note beaxinq
<br /> .��� �:;,� ,� even date with these presents and shall pay all taxes and
<br /> - �� � assessments levied upon said real estate, and all other taxes,
<br />- �,,� • levies and assessments levied upon this Mortgage or the Note which
<br /> ..F this Mortgage is given to secure, before the same become
<br /> � . , delinquent, then these presents to be void, otherwise to be and
<br />- remain in full force. 'this Mortgage is not assignable by
<br /> - Mortgagors. In the event Mortgaqo�cs shoul.d sell or contract to
<br /> sell any of the above describe3 real estate, this Mortgage may
<br />;..,;,, become due and payable at the option of the 3ELLER. -
<br /> ' IT IS FURTHER AGREED (1) That if the Mortgagors shall fail to
<br /> - ': pay any such taxes or procure insurance, the Mortgagees may pay
<br /> _� ' taxes and procure insurance; and the sum so advanced, with interest w
<br /> j � at Eight Percent (8�) , shall be repaid by said Mo�tgagors, and this _
<br /> � Mortgage shall stand as securi�y for the same. (2) That a failure
<br /> -� to pay any of said money, either principal or interest, when the
<br /> same becomes due, or a failure to comply with any oF the foregoinq
<br /> ; agreements, shall cause the ��hole sum of money herein secured to
<br />, become due and collectible at onc at the option of the Mortgagee.
<br /> . NEO this � day of � x997'
<br /> I 4
<br /> - i IS E. BUD E °
<br /> _ --� e
<br /> l STATE OF NEBRASKA ) �
<br /> i ) ss. ,
<br /> � COUNTY OF HALL ) '•
<br /> -. � The f r going instrument was acknowledged before m� this � i
<br /> '. day of , 1997, by DENNIS E. B DDE and KAY E, Mortgagoz� ;
<br /> ; �(jG. �MEMI IqTAAP,Shh M MM►�sti �t�� I
<br /> - � .�„���g - No ry Publ c �
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