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R <br />1t�RTGAGE <br />This Mortgage is entered into between DOYLE L. HULME and KAY V. <br />=. HULME. ho band and wife _- <br />(herein Mortgagor) and THE STATE BARK OF CAIRO, A Nebraska Banking Corporation <br />(herein Mortgagee). <br />Mortgagor is indebted to Mortgagee in the principal sum of S129,676.00 , <br />evidenced by Mortgagors' note dated April '7 1986 (herein Note) providing <br />for payments of principal and interest, with the balance of the indebtedness, if <br />not sooner paid, due and payable on A ri1 _ 1991 <br />To secure the payment of the Note, with interest as provided therein, the <br />payment of all other sums, with interest advanced by Mortgagee to protect the <br />security of this Mortgage, and the performance of the covenants and agreements <br />of the Mortgagor contained herein, Mortgagor does hereby mortgage and convey to <br />Mortgagee the following property located in _ Hall------- County, Nebraska. <br />The west 140 acres of the Southwest Quarter <br />(Std) of Section Thirty -two (32), Township <br />Twelve (12) "forth, Range Twelve (12), West <br />of the 6th P.M. <br />co <br />"` V) -0- Z <br />r, O <br />Together with all buildings, improvements, fixtures, streets, alleys, passageways, <br />easements, rights, privilleges and appurtenances located thereon or in anywise pertaining\ <br />thereto, and the rents, issues and profits, reversions and remainders thereof, all of <br />which, including replacements and additions thereto, is hereby declared to be a part <br />of-the real estate secured by the lien of this Mortgage and all of the foregoing being <br />^ referred to herein as the "Property'. <br />a nMortgagor further convenants and agrees with "Mortgagee, as follows: <br />1. Payment. To pay the indebtedness and the interest thereon as provided in <br />this Mortgage and the Note. <br />2. Mortgagor is the owner of the Property, has the right and authority to mortgage <br />the Property, and warrants that the lien created hereby s a first and <br />the Property. y prior lien on <br />3. To pay when due all taxes, special a sevit� <br />the Property and, upon written demanJ by tiortgee, <br />a _ charges against <br />9 yment required <br />under the Note secured hereby, such amount as may be sufficient to enable the Mortgagee <br />to pay such taxes, assessr,>?n.ts or 'ther charges as they :)ecome due. <br />