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!~"1'A"1'lti ~Ut"' a~fby331iC,t,`I~ISd. County of ...__ _.-....... .._-._....---.._..._,: <br />It'i.l fn~r re~mr:l ahd w.~:terad in ?wri~l lyea ou- <br />.....„..,,..,..>;. ....:............................_.,.,...-...,. at ..._...._-,..._. o'clock -_.._.__~...._ bt.„ <br />remorcled in ~alontgage Record ...,.. .................... Page ----.....,.....,---._.... <br />__.___ ............................................_... By ....._....-.--°.........,..... <br />County Clerk or Deputy County Clerk or '- <br />$egisier of Deeds l~zputy Register of I~edx <br />79- ~ u 2 ,~ ~ 7 REAL FRQPERTY A~4RTGAGE <br />---------MARLIN L. SCHWEITZER sad SHARON SCHW'EZTZER, Husband and Wife,---------------- <br />, herein ca3led the mortgagor whether nne or more, <br />is consideration of T:.-elve Thousand cad ldo/100----______________________l}pLLAgg <br />received from mortgagee, does mortgage to THE STATE BANK OF CAIRO, A Nebraska Banking <br />Corporation, Cairo, Hall County, Nebraska, the following describe3 real estate, to wit: <br />That part oP the North Half of the Northeast Quarter (NzNF}4) of Section <br />Twenty Four (24), in Township Twelve (12) Ncrth, Prange Twelve (12), West of the <br />6th P.M., Hall County, Nebraska, that lies North of the C.B.& Q, Rail oad right- <br />of-way that would lie West of Berber Street as shown on the recorded plat of Cairo, <br />Hall County, Nebraska, were the West line of said Berber Street extended North - <br />across the said right-of-way to the North line of said Section Twenty Four {24), <br />containing two and one-third acres oP land, more or less. <br />~1nd the mortgagor does hereby covenant with the mortgagee and with .mortgagee's hairs and <br />assigns that mortgagor is lawfully seised of said premises, that they are free from encumbrance, that <br />mortgagor has good right and lawful authority to convey the same, and that mortgagor warrants and <br />will defend the title to said premises against the lawful claims of all persona whomsoever. <br />This mortg-age is given to secure the paytnent of the promissory note of this dace made by <br />mortgagor for $ 16,585.05 payable in monthly instalments with last payment due <br />on or before iday~i _, 1984. <br />Mortgagor shall pay all Lases and assessments levied upon said real property and all other taxes <br />levied en this mortgage or the note which this mortgage is given to secure before the same become delin- <br />quent and shall maintain fire, windstorm and extended coverage insurance with a mortgage clause on <br />the buildings on said premises in the snm of ~; If mortgagor fails to pay snch taxes <br />and assessments or procure such insurance, mortgagee rosy pay such taxes and purchase such insurance <br />and the amot;nt so advanced with interest at nine percent. per annum shall be secured by this mortgage. <br />In case of default itt the payment of the principal sum or any installment. thereof or of any interest <br />thereon ;elten the same shall heeome due or in case of the non-payment of any taxes or assessments or of <br />the failure to maintain insurance as herein provided, mortgagee may at the aption of mortgagee, with- <br />ouE notice, at any Lima during the continuance of such defantt or breach, declare the whole debt secured <br />by this tuortga¢e to be immediately due and payable and may foreclose this morigage_ <br />In the event of default in the performance of any of the terms and conditions of this mortgage or <br />the note secured by it, the mortgagee shall be entitled to immediate possession of the property above de- <br />scribed and all the rents, revenue and Income derived therefrom during sneh time as the mortgage in- <br />debtedness remains unpaid shall be applied ty the mortgagee to the payment of the note and all other <br />sums secured hereby after deduction of any necessary- costs of collection. <br />Dated April ~~, 19 ~~ <br />~,~.~~.. ~..1••1.dE5:'1 r1rY~.-._~L~ktl.:~ ...:c........ .~......... , / ~,!,,C.`,",... .~~,.C~l~aN.. <br />Sharon Schweitzer Marlin L. Schweitzer <br />STATE OF tiEBftASIiA, County of ..............Iie1.L..............................................: <br />kIfl~7IIMAN <br />r - <br />Form 92 <br />Before me, a notary public qualified for said county, personally came <br />Marlin L. Schweitzer and Sharon Schweitzer, <br />husband and wife, <br />knows to me to be the identical person or persons who signed the <br />foregoing instrument and acknowledged the eaeeution thereof to be his, <br />her or their valnntary act and deed. <br />Witness my hand ota ' a ~....5`.. .!?~ ~° ' ~ 7 <br />...... ...... ......~.~.~ ...... _ ................. cry Public <br />bIy commission expires s . ... <br />.......~ .............. 19 <br />approved by 1tTebraska State Bar Association p*s +' war s».. u~ss, xau. <br />