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<br /> The �U1T�#B�.E Life Assurance Society of the United States �
<br /> T.HIS?b10RTGP.�E, aacEa as of ine :...:2st..........day oi..............�P..S�..k._................, 19...��., between John C. �
<br /> Uridil and Betty I. Uridil� husband and wife, each individua.11y in his and her
<br /> uwa� eighi. arici as spouse o= the otner� and Uridil Farms, Inc., a Nebraska �
<br /> � w�ioscP�os�'o�i�addr ss is..... Keaesaw �eb�,Y1�k� 6�95.4......... ........................................................: , �
<br /> ....�... ... .............. . . .
<br /> hereinaFter called "Mort�agor," and THE EQUITABLE LIFE ASSURANCE SOCIE'TY OF THE UNITED STATES,a New York
<br /> corporation,having its prinapal office and post office address at 1285 Avenue of the Americas,New York,New York 10019,hereinaftcr
<br /> called"Mortgagee",
<br /> - WHE�tEAS the Mortgagor is �ustly indebted to the lviort a ee in the sum of.�`?!4;.�undred Forty_Five.Thousaad. .
<br /> and NO/100 ------ ,,.,,,_.,Dollars (3.....�45,tOG�_�0 )with interest,all as set Forth in his certain promissoty note
<br /> ...... ......... ........................ ........
<br /> ('Note" of even date herewith mahuin ltarcl� 1 ...................... � ,2Q02
<br /> ) g.............. .........
<br /> NOW,THEREFORE,THIS MORTGAGE WITNESSETH,that,to secure the payment of the principal of and interest on the Note
<br /> and the performance of the covenants therein and herein contained,and in consideration of the premises,the Mortgagor by these presents
<br /> does grant,bargain, sell, convey, transfer, assign, mortgage, pledge, warrant and confirm unta the Mor[gagee all the property ("tbe
<br /> Mortgaged Property") hereinafter described, to-wit:
<br /> ' I. The following described real property located in the County oF ..............�11......................................,........................................
<br /> ' State of............Nebraska ...................to-wit:
<br /> Lots Five (5) and Six (6) in Section Twenty-Three (23); Lot Three (3) on
<br /> Island and Lot Eight (8) of County Subdivision of Lots 'Three (3), Four (4),
<br /> Five (5) and the South Half of� the Southwest Quarter (S'-�SW�)� Section
<br /> Tt+�enty-five (25); Lots One (1), Two (2)� Three (3), Pour (4), Five (5),
<br /> and Six (6) on Island, the South Half of the Northwest Quarter (S�NW'�);
<br /> North Half of the Northeast Qua.rter (N'�NE'z), and Lots One (1) and Two
<br /> (2) on Mainland� Section 'Itaenty-six (26), a11 of the above together with
<br /> accretions thereto being in Township Nine (9) North� Ra.nge 'I�elve (12)
<br /> West of the 6th P.M. � --� a � �
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<br /> n�£a+31* by the mnrtgagor an3er say ather iaetrument securing'the debt-here�iv �gCu,��� �• �
<br /> ahall constitnte a default under this instrument_ �
<br /> II, The Mortgagot's interest as lessor in all leases (including but not limited to, oil, gas and mineral leases) now ot hereafter i
<br /> �:�cting tiie above-described real property or any part theteof, � . �•
<br />� Ti�GETH�R WITH thr rents, issues, and profits thereof, reserving, however, (unless otherwise provided herein or in a separate
<br /> instrument oF assignment), unto the Diort�agor the right,prior to any default in the payment of the Note or in performance of any
<br /> agreement hereunder, to collect and retain such rents, issues, and ptoFits as they become due and payable,and together also with all and
<br /> ` smgular the tenements, hereditarnents, and appurtenances thereunto belonging, induding irrigation,drainage,and water rights of every
<br /> kind and description.
<br /> TO HAVE AND TO HpLD the same unto the Morfgagee, its successors and assigns, forever. "
<br /> PROVIDED, ALWAYS, that if the Mortgagor,his heirs, representatives, siiccessors or assigns, shall pay unto the Mortgagee, its
<br /> successors or assigns, khe said sum of money mentioned in the Note and the interest thereon at the times and place and in the manner
<br /> specified in the Note, and all other sums that may become due and owing to the Mortgagee pursuant to any of the terms,covenants and
<br /> conditions hereof, and perform all the conditions and eovenants contained in this mortgage ("Mortgage"),then these presents and the
<br /> . estate hereby granted shall ccase,determine and be void, otherwise to mmain in Full force and effect.
<br /> AND SUBJECT to the covenants and conditions hereinafter set forth.
<br /> FIRST: The Mortgagor hereby covenants and agrees, to the extent permitted by law, as follows: (a) to pay prornptly when due
<br /> the principal and interest and other sums of money pro��ided for in the Note and in this Mortgage,or either; (b) to pay all taxes,assess-
<br /> ments and other charges (induding ditch,canal,reservoir,or other water chargrs,taxes or assessments) imposed by!aw upon the Mort-
<br /> gaged Property, the Moxtgagee's interest therein,or upon the Mortgnge or the Notc;provided however, that, in the event of the pas• ,
<br /> sage of any law changing the laws for the taxation of mortgages or debts secured by mortgage so as to a$ect this Mortgage, the entire
<br /> indcbtedness secured hrreby shall, at the option of the Mortgap,er, bemme dur and payable; (c)to kerp the Mortgagrd'•Prop�rty and im- '
<br /> provements thereon in good condit�on and repaic and not to commit or suffec wastr thereof, and except as authorized in any schedule
<br /> annexed hereto and forming a part hereof, neither to remove nor permit the remaval oF any timber, buildings,oi�,gas, minerals, stone,
<br /> mck,day,fertitizer,grarel or top soil witliout the prior written consent of ihe Murtgagee; (d) to maintain and deliver to the Mortgagee
<br /> policies of insurance against such hazards on the buitdings now or hereafter located on che Mortgaged Property as the Mortgagee may
<br /> require,in such mm�an�es and amounts and with such loss payable dauses as shall be satisfactory to the Mortgagee;that in the event of
<br /> loss d�e Mort�agee is rxpressly authori-r.ed to settle or compromise daims under said policics and the proceeds shal!be paid to the Morb
<br /> gagee who may apply same or any part there�of on the indebtrdness secured hereby or towards the reconstruction or repaer of said build- `"";�� � �w''•.
<br /> an�s or�elease same to die Mortgagor, (ej to pay any lien,claim or charge against the Mortgaged Property which might take precedence ` N �;a,,
<br /> over the lien hereof;(f) to paq on demand all legal expenses,title searches,or attorney fees reasonably incurred or paid by the n4ortgagee >
<br /> � to collect the�Vote or forcrlose or protect ihe lien oF the Mprtgage; (g) that in the e�•ent he shall Faii to comply with the provisions oE RF y
<br /> (a) through (f) abo;•e,the Mortgagee may take such action as �s necessary to remedy such failure and all sums paid by the Mortgagee
<br /> ucsuant hereto with interest at the rote hereinafter rovided shail constitutc a lien u�on the Moct n ed Pro ert shall be secured b t'� '-"' '
<br /> P. P 1 5 S P Y� Y
<br /> th�s Martgage,and sha11 be imme3iately due and repayable to the Mortgagee; (h) not to seil the prem;ses or any portion Xhereof, or,
<br /> if the M�etgagor is a c�rpnrati�re, rx>t m!xe than',:."��e nf its m.�+c�rafe stoc4;sha!! �e sc*id,!raded ar disFosed vf ro pe:snr,s other thaa
<br />� the present owners ptior to the time the ii�deUtede�ess seeured hcreby shall havc been reduced (exciusive of �repayments not rermitted
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