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<br />RETURN TO: CUSTER FEDERAL STATE BANK
<br />PO BOX 310
<br />BROKEN BOW NE 68822
<br />REAL ESTATE MORTGAGE
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<br />This indenture, made this 23RD day of JUNE, 2016, between DERRICK R. ANDERSON, a single
<br />County, in the State of Nebraska, the first part, and Custer Federal State Bank, Broken Bow, Nebraska,
<br />the United States of America, of the second part.
<br />Witnesseth: That the said party of the first part, in consideration of the sum of:
<br />ONE HUNDRED FIFTY TWO THOUSAND DOLLARS AND 00 /100 ($152,000.00)
<br />0
<br />person, of Hall I� `
<br />under the laws of
<br />4 The receipt of which is hereby acknowledged, do by these presents grant, bargain, sell and convey, unto said party of the
<br />second part, its successors and assigns, all of the following described real estate situated in the County of Custer and the
<br />State of Nebraska, to wit:
<br />LOTS EIGHT (8) AND NINE (9) IN BLOCK EIGHT (8), IN THE ORIGINAL TOWN OF CAIRO, HALL COUNTY,
<br />NEBRASKA
<br />Including carpeting, automatic dish washers, built -in air conditioners, built -in cooking unites, built -in
<br />refrigeration and built -in freezer units, automatic washers, automatic dryers, screens, storm windows, screen doors,
<br />combination storm doors, awning, hot water heaters, furnaces, pressure pumps and tanks, light fixtures, kitchen cabinets,
<br />plumbing fixtures and all other mechanical appliances which are now or my become attached to said property and it is
<br />agreed that all such property shall be considered as part of the real estate.
<br />TO HAVE AND TO HOLD THE SAME, together with all and singular, the tenements, hereditaments and
<br />appurtenances thereunto belonging, or in any wise appertaining, forever, and warrant the title to the same.
<br />PROVIDED ALWAYS, and these presents are upon the express condition that is the said, DERRICK R.
<br />ANDERSON, a single person, its executors, administrators or grantees shall pay or cause to be paid to Custer Federal
<br />State Bank of Broken Bow, Nebraska; its successors or assigns the sum of ONE HUNDRED FIFTY TWO
<br />THOUSAND AND 00/100 DOLLARS ($152,000.00) with interest thereon and such charges as may become due to
<br />said party of the second part, under the terms and conditions of the contract First Mortgage Note of the party of the first
<br />part of even date herewith, and hereby secured for money advanced by said Association, which is to be paid in
<br />amortized installments as provided by said note, until the total amount of indebtedness to the Association has been paid
<br />in full, including any advances made by the Mortgagee to the mortgagor, or his successors in title, for any purpose, at
<br />any time before the release and cancellation of this mortgage. All conditions of said contract First Mortgage Note are by
<br />reference made a part hereof.
<br />PARTY OF FIRST PART hereby assigns, transfers and sets over to the Mortgagee, to be applied toward the
<br />payment of the note and all sums secured hereby in case of a fault in the performance of any of the terms and conditions
<br />of this Mortgage of the said note, all rents, revenues and income to be derived from the mortgaged premises during such
<br />time as the mortgage indebtedness shall remain unpaid; and the Mortgagee shall have power to appoint any agent or
<br />agents it may desire for the purpose of repairing said premises and of renting the same and collecting the rents, revenues
<br />and income and it may pay our of said incomes all expenses of repairing and said premises and necessary commissions
<br />and expenses incurred in renting and managing the same and of collecting rentals there from; the balance remaining, if
<br />any, to be applied toward the discharge of said mortgage indebtedness.
<br />PARTY OF THE FIRST PART agrees that in the event that title to the property secured by this mortgage is
<br />sold, transferred or assigned or is attempted to be sold, transferred or assigned by whatever means to any other person,
<br />the entire unpaid balance of the note, interest and indebtedness secured by this mortgage, at the option of the holder of
<br />this mortgage, and all the indebtedness secured thereby shall become due and payable at once. The acceptance of
<br />payments on the indebtedness which this mortgage is given as security shall not constitute a waiver of the option of the
<br />holders of the note, interest, indebtedness, and mortgage and shall not constitute a waiver to accelerate payment of the
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