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<br />33-003978
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<br />MORTGAGE
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<br />This Mortgage is entered into between I,qrryE.-6U}i)fIlY and Alice M.BelJall\Y.
<br />~ijsballd andWHe.
<br />(berein Mortgagor) and ~tate Bank of Cairo, A Nebraska Banking Corporation
<br />(herein Mortgagee).
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<br />Mortgagor is indebted to t.lortgagee in the principal sum of $ .60.000
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<br />evidenced by Mortgagors' note dated ,JlIly~g, 19f13
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<br />(herein Note) providing
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<br />for payments of principal and interest, with the balance of the indebtedness, if
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<br />not sOOI'Ier paid, due and payable on ,~\<l...t"h
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<br />, lQAA
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<br />To secure the payment of the Note, with interest as provided therein, the
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<br />payment of all other sums, with interest advanced by t10rtgagee to protect the
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<br />security of this Mortgage, and the perfonnance of the covenants and agreements
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<br />of the It>rtgagor contained herein, Mor'tgd(10r' does hereby mortgage and convey to
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<br />Mortgagee the fonowing property located inJ:!liL-___ County, Nebraska.
<br />A tract of land situated in the Nortwest Quarter (NW\), Section Thirty (30),
<br />Township Twelve (12) North, Range Eleven (II), West of the 6th P.M" Hall County, Nebraska,
<br />more particularly described as follows: Commencing at a point on the East line of the
<br />Northwest Quarter (~\), Section Thirty (30), which point is One Thousand Four Hundred
<br />Twenty Feet (1.420') South of the Northeast corner of said Section Thirty (30), Thence
<br />running 410ng and upon the Eastline of said Northwest Quarter (NIAI), Section Thirty
<br />(30), a distance of One Thousand Two Hundred Thirty-six feet (1,236'), thence
<br />proceeding West parallel to the South line of said Northwest Quarter (NIAI) , Section
<br />Thirty(30}, a distance of Eight Hundred Six feet (806'), thence proceeding North .
<br />parallel to the East line of the Northwest Quarter (NW~), Section Thirty (30), a dlstance
<br />of One Thousand Two Hundred Thirty-six feet (1,236'), thence proceeding East parallel
<br />to the south line of said Northwest Quarter (NW~), Section Thirty (30), a distance
<br />of Eigbt Hundred Six Feet (806') to the point of beginning, said tract containing
<br />22.9 acres. more or less.
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<br />TQgjttherwith all buildings, impr'ovements, fixtures, streets, al1eys, passageways,
<br />easements. rigbts, privileges and appurtenances located thereon or in anywise pertaining
<br />thereto. and the rents. issues and profits, ,'eversions and remainders thereof, all of
<br />which. including replacements and additions thereto, is hereby declared to be a pad
<br />of the real estate$ecured by the iien of this nortgiJge ana all of tne foregoiny belrig
<br />referred to herein as the "Property".
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<br />Mortgagor further convenants and agrees with Mortgagee, as follows:
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<br />L ~. To pay the indebtedness and the inter"est then:on as pnlvided In
<br />tl1is Mortgage and the Note.
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<br />2. Mortgagor is the Owner of tile Property, has the d gilt and authori ty to l1JOn9dye
<br />the Property, and warrants that the lien created hereby i, a fit'st dnd pdo,. lien on
<br />tu . ProptrtYc,
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<br />:t toP-.ywnen1h.,all taxes. special assessmel'ltsand all other ct}J'ges ,1'1dll\st
<br />~Propert.Y IlnU, .UJl<in written df!mallQ by l".ort9ilgee, to "dd to the payment n;quin;u
<br />l.lI'J~rtfit 1t04l secured henl$y, such amount as may be sufficient to enilble the Mon<Jd9<'c'
<br />~PIJ' lue/! tAtxes. 4SSeSSllll!nts or other charges as they become due.
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