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<br /> . RE�I. E3TATE MORTL;AGB • . . � _- -
<br /> �'! , . .�:� K�+pW �I�L MEN BY `TB�SE PRESENTS: That CHON M. Yd�iG;�.�d.�L�YO�G 41�=-- ,,
<br /> :f' `_�• G d and Wife, each i.t� l�is own rig?�� aac� �s�:sgeu� o9E . �. �g--.
<br /> :: .<'.;t :� . U�BNG, 8usban -r,�_
<br /> �
<br /> �..�.;� ° � the other, of Hall County. �l Sta�e of Nebraska, ia��onsi���tion �: ,
<br /> _.�_.::.<�. .�_ r,_'. of t3�e sum af FIVS THOUSBND•SIg gQNDRED SYBTE�N.DOLI,BSS EIGHT CBi3fi�
<br /> ` .. ' (�5,616.08) arred bp Mortqagors to Mortgaqee; da• �eby sell �a�+d ��
<br /> � �:�`, • �,.�.�
<br /> . '� � �.:��•;' convey• uato SPBLTS-SCHIILTZ LUMHER CQ. OF G� ISLAND, �
<br />. J.�'.;�•;�`� � CorgQr�tion, of H�11 Coua�y, S�a�e of N�raska, �he follawiag v? _
<br /> __ _ �4�scr�ed premises situ�te� in Hall Coua�p, aa�Y State of Nebraska• �r_.
<br /> ':� to v�it: ' ---
<br /> �.�{,. � . ,.
<br /> : • ���.'�.;`+ . . Block Sia (6�, Pondero�a LaFte Estates Subdivi$iQa, 3a the Citp ;
<br /> ' ' Couat Nebraska.
<br /> of Grand Island. Hall y, � . .
<br /> a ;.�;., . . .
<br /> . ..;
<br /> � S�b ject to prior encumbrances of reca�i€;.�� �
<br /> ' � . �'`��-��' This Mortgac,� is ginen by Mortgagos� ` -��.,;�f�rt9agee as . _
<br /> - `: `�f•;�` a d d i t i o a�l�s�ri�y for Mort g agee's Cous�ruct�:o�bi.ea recordes� �
<br /> ��. �.��, � as Boce�ent I�o• 95-105248 in the O�f,�� of t��. Register of _.
<br /> ..`�: � `'; 1:. Deeds of Hall County, Nebraska.. � -
<br /> ...t4:it., . � � . , . -_
<br /> `.��`c��:"'':�:�'. ;.t � The �inten�ion being to coavey hereby aa absalute title in fee - -
<br /> "'' �''`•�`''��� �'� ` ' si�le, facluding all rights of ho�atead•.and dower. •
<br /> <�..�. .,; ,
<br /> `�;�.��::�� i.� . . .
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<br /> :..�.�: To l�a¢� and to hold the premises ai�nv'r�::dQs�cribed, with all the
<br /> � ":�?: aPpurtenanc�� �hereunto belonging, uu:go;,i�::�a�d :rior�qagee and to
<br /> , ��;'" ��;� its�.assigns forener, prc�nfded al�va�r�,:.�.and��hese p�esents are upon
<br /> , � � <, � t�e'�espress condf.tion that if the. -r�aid Nlortgagaxx�� his. her or
<br /> ga.
<br /> °—- -=-`-:���' �heir hef rs, executor�, adminietrators cr assigns shall. pap or __.
<br /> . . �
<br /> ' � ' �{ - cause to ba�pafd to the said Mortgagee or its assigas the sum ag
<br /> s�.
<br /> � gip� TgpIIgA1ND gi$ AONDRED SISTEI6N DOLLARS EIGHT CENTS (S5.6.26.08)�,
<br /> ° ���•.�� : wy��l� sum includes all faterest due to June 11, 1997. � Sai.d
<br /> . �+'.. � hy"•� ; Mtt�a,�a�prs ag�cee to pay said amount of. FYVE THOUSAptD .�IR HUNDRED � _-__
<br /> � ` � ����`''� � • SIX'a'E� DOLLARS EIGHT CEt3'I'S ($5,616.08�, toge�hes; with all furth�� � --
<br /> T�1.�. ., •, ) �. ' .
<br /> '�>!f;<;�;� : . •: interesti a�crue�d therean, �o Mortgagee vr� August 25, 7�997, (or ,�_-
<br /> „����F�{�:�.;�,,:;.`>.•:��:` : earlier da�e at the opti.oa vf .Mortgagors) a.�d�:pap8ble 3.a aay eneat . �-
<br /> '`70Y� ; no later �han the closfag .of sai� of the na�ortqag�d Prc3mises tap
<br /> j_�i' �Ir.�r . . --
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<br /> .;� �.:,",�.,;;,�;Y,.�� Mortgsgars if prios to sua� date, �ith interest a.�aording to the —
<br /> teaor and e�fect of �he t4ortgagor� writtea Promissory Note dated
<br /> ` August 4,. 1995, and shall g�p all taxes and assessments levied upan �-
<br /> .t�:��;��. � , said real estate, and all other ta$es, 8enies and assessmenta �_
<br /> � � �.�°:,.� A levied upoa tbis Mor�qaqe or the Note wbfch �Ui.s Mortgaga is given
<br /> � to secure, befoze the same beco�es delinquen�, aad keep. the•
<br /> � � buflclings on said premis�s i.asured fcor the insurable value loss, if
<br /> ' any� payab�e to the said rZortgaqee, then these presen�s to be void,
<br /> - .. . . o�hercvise to be and re�aaia in full force. �
<br /> .-�'r:. � ' ,
<br /> � � • IT ZS FORTHER AGREED (1) That if the said tdortgagors shall ..
<br />- � � � fai.l to pay such tages or prccure suah insurance, the sa�d
<br /> -_ .tiortqagee may pay suah tases and procure such iasurance; ancl the _ .
<br />- � . � � sum sa advanced, with inte=est at �0�8 percent; shall be repaid by �
<br /> � ' • said Y�loztqaqars, and this Mortgage shall stand as secu�city Eor the :�t
<br /> � same. (2) Thae a failure to pay eny og said money, either
<br /> _ � � � � .. � princigal or ia�teres�, when the same becomes due, or a f a 3 1 u r e �o ,
<br />:�,� � . � comply w�th any of the foreqoing agr�ements, shall cause the whole
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