Laserfiche WebLink
�� . � . . . .. • ,y..✓brai' . <br />� ��. � <br />�. <br /> ��, 000532 <br /> I� REAL ESTATE MORTGAGE . <br /> � <br /> Robert Melvin Humiston, Jr. and Judy E. Humiston, husband <br /> and wife, each in his and her own right and as spouse of the <br /> �ther, herein called the Moztgagors, in consideration of Twenty <br /> Thousand and No/100ths Dollars ($20,000.00) do hereby mortgaqe <br /> to Daisy L. Robertson, herein called the Mortgagee, the following <br /> described real estate in fiall County, and State oE Nebraska: <br /> The South One-Half of Lot Three (3) and the South <br /> One-Half of Lot Four (9) in Block Nineteen (19) , <br /> Oriqinal Town, now City of Grand Island, Iiall County, <br /> Nebraska. <br /> And the Mortgagors do hereby covenant with the Mortgagee <br /> and with tdortgagee's heirs and assigns that Mortgagors are lawfully <br /> seised of said premises, that they are free from encumbrance, <br /> that Mortgagors have good right and lawful authority ta convey <br /> the same, and that Mortgagors taarrant and will defend the title <br /> to said premises against the lawful claims of all persons whomsoever. <br /> r <br /> This Mortgage is given to secure the payment of the principal <br /> sum of $20,000.00 and interest thereon, according to the ternts <br /> of a certain Promissory Note of even date, executed by the Mortgagors <br /> to the Mortqagee, final payment being due the first day of December, <br /> 1983. <br /> The Mortgagors further agree to maintain insurance upon <br /> ;, the above described premises in an amount not less than the indebtedness <br /> due the Mortgagee with a loss-payable clause in favor of Mortgagors <br /> and Mortgagee as their interests may appear. The Mortgagors <br /> agree to pay all taxes and assessments upon said premises and <br /> all cther taxes, levies an3 assessr�ats 2evied upon this Mortgage <br /> and the Note which this Mortgage is given to secure befare the <br /> same become delinquent. In the event the Mortgagors shall fail <br /> 'y to obtain such insurance or pay such taxes before delinquent, <br /> r; the Mortgagee may purchase such insurance and pay such taxes <br /> f or other liens and shall have a lien secured hereby for the amount <br /> g, so advanced with interest thereon at the rate of eleven per cent <br /> �� per annum. <br /> In the event of default in the performance of any of the <br /> terms and conditions of this MortgagP or fhe Note secured by <br /> := it, the Mortgagee shall be entitled to immediate possession of <br /> 3 the property above described and all the rents, revenue and income <br /> derived therefron duriny such time as the Mortgage indebtedness <br /> remains unpaid shall be applied by the Mortgagee to the payment <br /> of the tdote and all other sums secured hereby after deduction <br /> � of any necessary costs of collection. <br /> � The terms of this t�iortgage shall also include all the terms <br /> of the contract which has Ueen execuced on December �/S-, 1976, <br /> : which this Mortgage is a part hereof and listed as an Exhibit <br /> B. <br /> Signed this � day of r � � lg�'?. <br /> � <br /> -*-- <br /> /."�'t'i�%Ji�°i:'r�v. ,,t'/l�;•,,_,.� =.Lf <br /> Robert Me vin Humiston, Jr. <br /> / � �' �� . `f r <br /> ' .i _ F= '' ._-JC-I,� ")�'c���( �Y�° .;� <br /> :. 1 Ju y E. F�umiston � ;' <br /> � <br /> " <r ;.;;. <br /> r� ',". <br /> �c���j <br />� <br /> ±::d <br />��, <br />:ui <br />� -1- <br />�� �� � <br />.``I� <br /> � <br />- F <br /> � <br />