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<br /> � 53•A-REAt ESTATB lMOR';TGAGE— .tb Tasc Ciauae (Revi�ed 3982) � .... . ..� 7t,.. ._IIu,an C or�rat suPptr k[u,r. LiocWn.N+abr. . . ..�
<br /> t KI�O�V ALL MEN IiY TE3E9E-PRESENT3: THAT E1rOy E. Schrnidt and Joan M. SCht221C3t, husband�
<br /> �( and wiY�, a� joint i�na:�ts with right af survivorship, ear.h in his own rights and as spcsus
<br /> ; c>� the pkher trvtorcF;sBor > �
<br /> ,� o� Ha�.. Co�nty,and State of N@�'32`8Sk8 ,in consideratioa of ehe aura of
<br /> {� S'x.x Thousand and no-/100 -----------------------------------------------__Dor.r.wRa
<br /> ' � ; 'j i��ana�id,dnhoreby SE�L and COATVEY unw Ce�mm ercial Natian a l B a n k & T r u s t C o�, G r a n d 5
<br /> �'� �� ?i Isl�.nd, �1�ebsaska, � � �
<br /> � �i �r�iortgegee r
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<br /> � ' ot F3�1}. ConatY,and St�#e of 1VebT'851L'd the followin$deecribed premis�s
<br /> � ; #i suuaceu in Ha�3. aountr, on.d scac�'ot Nebraska w-wit: Lot l'orty-S�x C46
<br /> z �� irt:4�"Jolfe's �ubdivision in the City of Grand Island, �ia�l County, Nebraska '
<br /> a ' ; �
<br /> , s .�. �; Eri��t�e euer�t the title �to said real estate��is transPerr�ed� oy���cQntracted to be tra nsferrad,. ��� �� � � ��
<br /> � �i Prflrn the undersaici for any-r�ason or by any method whatsoever, the entire principal su �
<br /> � A ; ;� and accruec� interest shall, at once becorne dae and payable at the holder hereof. Fai:i�re � `
<br /> : '° ta exercise this opti�n because of transfer of title as above stated in one instance shall ' � '
<br /> � •a �� ❑ot �onstitute a wai�rer oF the right to exercise the same in the event of any su'6sequen� 's
<br /> ' j, trar:sfer. � �� ����
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<br /> ` � f; � THe intention being to cunvey�hereby'an absolute title in�fee simgle including uli the ri�hts..of homestead and.:dowet. :. :�
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<br /> � x : �' 'TO I-IAUE A1VD TO HOLD the� premises. above��.desciibed,.�with all� 4he appurtexaances ther�vnto belongng vnto tlie .�.a
<br /> 'g , said mortgagee and to �:1tS �he4re and assi�ns,�:forever;. prvvided��always,��and theae;presents'ate upoa the expresa� s�
<br /> �"� �' �t � condition Lhat if theaforesaid mortgagor ,� thglY- ��heira,�executors, adxninistrators or nssigns shAll pay or cauae to II�e ,�
<br /> �
<br /> y 3 �. i; �paid to the��:said mort.,a�ee ��., 1tS heirs, execuYors, administrutors.or.sassigns,the sum:of �iX���'.T110L19a11[i atld ',�}
<br /> � 6�10� -----`------- ------------------------ -nollars.Pnyable as follows.La-wL#'
<br /> � ------------ :
<br /> x ."r {; �ix tlniusand. and no/100 -------Doi�a�on the 23rd a�y or November , is 97 ��
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<br /> � ,� ft � Dti!!3._��^_.the :;a:r af , 19 �i
<br /> r ,� ��� Dollars on�fBe �dny of �, , 19 ':t -
<br /> '� ��� �` � ��I)ollars un.the . daY ot , 19 �3
<br /> ,� (' .� � � Aollars on the � � day of � ��� � �. , 19 �.� �,
<br /> �
<br /> � �- �S with inteceat thereon���at � �er cent per.annum,��pnyable Z I��3�'I� �OpltAdQR a11 qccosding to�the tenor and efEect of `� �
<br /> � � , .. .� . . .. . : , �, � �� :
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<br /> h�.'u i's a cereain pzomia+ory not�of asid Eiray E. SChmldt Hrid JoBn M. SChmldt �'
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<br /> i' bw „e._.^.da*.�.:sit!: Ll:��.p ;a�at�„ar.� ehaL' „ay a: t:,.,as a,-,�aseess�ents lav;ecl upr,�ar.id reu;�tr,fe,arxd nil other taxe��
<br /> �a "s � j� lev3es and assessrnenfs levied�-upon this:mortguge�or�the.noGe which this�mortgage is��given to��secure,:before the:��same becom�es r�
<br /> ' ,� " � delintguenY.�and leeeprihe buiirlings on csaid premisea insured for tha sum�of�..$ �� q�a �loss, if any,pnyeble ico `�i
<br /> � �� tlae aaid mo�tgagee, then these pteaentv to be void, otherwise to be and remain in full force: ��
<br /> � t IT IS FUR�liEK AGREED (1) 'Phat if the said mortgagor'shall fail ta pay-suah taces.or procure such insurunce; tk=e
<br /> � :. �} sai,d rnortgagee mfly.'pay auc7n��taxes and.procure suc}���insurance:�and the:aum.so advanced,�with interest st .. �. per Cer�k �r
<br /> � � �� shall be paid by suid�.�mortgagar,and,.this m�rtgage�slxall.atand.as security for d�e��eame. f2).That a failuxe to payanyof�sammd ;�
<br /> � � 1� mo�ney,either principal or in3ereat when the.snme lae.�comes due,.ur a[ail.ure to comply with�any of�t3ie foregoing ngreements, � I�
<br /> �3' (; ahall.cauee lhe whole sum oF money herein eecured ta become due-end cxrllectifale at once et the optiam of the motf gagee.- ?�
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<br /> � (! S;gned ihis 2 7th dav ut May , 1 i' ' ;
<br /> � �� In Presence of ..rCi''l.l� ..�;�^T.''•�'-!�� _. .�
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<br /> � II F roy �.�clzmidt
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<br /> ; -� i � oan,lVd. �chmidt
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<br /> ,j ".seioze_a,�:..,�.m�t,ars r��=:o ��.at:se� =ur sa.� �o�tY.ne�on8i3rcame ,c,Iroy �. Scizmidi and Joan M. � ,
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<br />� ;z �e�sxs�idt,� ,
<br /> � ' -� }� 0 kti+t>wa-to me to, be the iden�ical person or peraone who�.aigned� the foregoing instrument acknqw � t����jpy� .
<br /> 1 3 � tk�er�eef to!ie ksis: Ler or their'voluntarY act and deed. �' ;
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<br /> ; �� �A'�3�.' Ur Ett�eted nn aumerical an�ex and filed tor recotd � � ' ,
<br /> �, ` sa. � . � ,�r ..
<br /> ��i , �i �'�� . r _... � : ..} �. � � �w sthe Register of De�eds��08'ice of�.said County.the j . ; . .
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