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<br /> --,�'�: SSCOND RF.AL 138�A�`B MORZ�OAGB =: � _ �
<br /> ° . IINpW ALL N�N By THESE PRESENTS: That Gary E. Clapp and Nancy A. `�`�`�°t� ' .
<br /> ' .:�.j'". .::ym. 4 .
<br /> . _ • ,.r�S�.-y.
<br /> ' Clapp, husband and wife, of Hall CounLy, and State of Nebraska, in �� _'",_�.r:.,;,.,�':..,..;
<br />�',`� � • consideration of the sum of FOUR THC�7SAND DOLLARS ($4,000.QOI in - �'%�� �.
<br /> ;.�. `.,n:.:
<br /> � . , � hand paid, do hereblr SELL and CONVBY unto Jeanie I. Manning, a . - ,,;,.:
<br /> single person, of Hall County, State of Nebraska, the fallowing �`,`�,f����
<br /> "�°"r: .
<br /> described premises situated in Hall Caunty, and State of Nebraska, . ;,,`.;_�{,�,,(,
<br /> ` to-wit: "� k..�;
<br /> ,��,.
<br /> ' Lot Five (5) in Block Taro (2), in Ashton Place, an ... ,'��� ` .,`:�t��
<br /> . � .�`':= �
<br /> :,, �. Addition to the City of Grand Island, Hall County, :';�yty �
<br /> . Nebraska. ' �i���� �`'
<br /> ��� `
<br /> � The i.ntention being to convey hereby an absolute title in fee ���,��r `v ' ' ���"•`
<br /> ,• �,s.. � .;. :;. ;_.
<br /> �� . - simple, including all the rights o� homestead and dower. This �;�,�_� ,�� -;;-- __
<br /> � mortgage constitutes a second mortgage against the above-described �I,.ti�._
<br /> - premises. . :`-
<br /> ;. .
<br /> .4� • - � TO HAVE AND TO HOLD the premises above described. with aIl the '�,_�•. -�` �.����s._
<br /> � appurtenances thereur=to belonging, unto the said mortgaqee and to � .�"-"`--�''°:
<br /> rovided alwa s and these resents ��''
<br /> - ' ` her heizs and assigns forever, P Y • P � : . = �::
<br /> ,.f;���� are upon the express candition that if the said mortgagors, their � � � � �
<br /> : .,. 1,...,, ,.
<br /> �. ',•`j+. ::'Yr.", ,i��`:;c`.;.
<br /> �� �r�s�{::�. heirs, pe��n.a7- represeatatives or asaigns shall pay or cause to be
<br /> ��' ;Y�s';� paid to t�� sa�ci mortgagee, her heira, personal repreaentatives, or . =�:_-�.
<br /> �� , assigns, the principal sum of $4,0OO�.QU payable in twelve monthly ' ; :f�,_
<br /> �I° ' instal7�ments of $349.81 each, with inte:rest according to the tenor . �,;,, .�,'_
<br /> :� ,':.tl,:. . ' .. . ���=�:�.
<br /> � and effect of the mortgagors v��rittea promissory note bearing even :��`
<br /> t 4y��;F � ,;-,-.,..;, date with these presents and sha21� pay a12 taxes and assessments
<br /> � , • levied upon said real estate, and� all other taxes, le.vies and .. �;�:
<br /> • asses�ments levied upon this mortgage or the note which this second .�-�.��� �
<br /> �,�`�� mort_aaye is given to secure, before the same becomes delinquent, , �?,�.;_
<br /> <� � � `a and kr�p the buildings on said p�emises insured for the sum of �: ;
<br /> '(,rS�t' . �°, $79,900.00, lcass, if any, payable to the said mortgagee subject to � ��.:����
<br /> . .: r..,::,
<br /> �,'.`;'������>:` .� ' ._° ;� rights of th� first mortgagee, �hen these presents to be void, . .�.
<br /> '1� force. ±
<br /> r�TM"
<br /> � . :� otherwise to be and remain in fu� ;
<br />� . .. .
<br /> � - - '� IT IS FURTHER AC3REED (1) That it �he aaid mortgagora shall � ���_
<br /> ...3`._ ` , � • . � -
<br />�;+,.� � ;;;:� fail to pay such taxes or pracure such insurance, the said
<br /> ;T�_ :.t-.:. �. _,,,.,. .
<br /> ,.`, mortgagee may pay such taxes and procure such inaurance; and th.e � . � ,,;s:,•
<br />;��. .�:-' •'�� sum so advanced, with interest at nine percent, aha11 be repaid by . ,. � _-
<br /> �� � ;`�- said mortgagors� and this mortgage ei�a.�1. stand as security for the • �
<br /> � �
<br /> � -'�ti{�� eame. t�) That a failure to palr a.�y of said money, either . _
<br /> ����� ti��,,, � � rinci al or znterest, when the sane becomes due, or a failure to .
<br /> ���"��;!'��%� ��" , comply with an�r of the foregoing agreer..enta, s,zall cause the whole : .: � :
<br /> `� � �'` �_ , sum of money herein secured to become due and collectible at once ,
<br /> ����: � at tltie option of th� mortgagee. � . '
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