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<br /> �� � �5�-A•�ESTATE MORTGAGE—CWith Tax Clause) tRevised 1962) Tt,e xusmnn Generel Supply xouae,Zuiwm,Nebr.
<br /> . . . . . . . . . . . i1
<br /> �� KNOW ALL MEN BY THESE PRESEIVTS: That BALL REAL ESTATE C0. OF KEARNEY, a Nebraska 4s
<br /> - ) corporation �;
<br /> �! nf ' BU�fd7 p County.and State of N2bY'dSkd .in consideration of the sum of 4
<br /> �� Forty-five Thousand and NO/100 ($45,000.00)----------------------------------DaLLARs' �, °.
<br /> }� in hand paid, do hereby S�LL and CONVEY unto C. W. BUtteY'flG'�CI ��
<br /> � �i , �
<br /> , 1� ' ' �,:
<br /> , of bouglas cou�,ty, 5tate of' N2bY'dSICd theFollowingdescribednre.miaessituated
<br /> � u, Hall co�,rY, �a scae�of Ne6raska" .�-�t= ��
<br /> � te
<br /> � � � �� � � � � �
<br /> y �� ,
<br /> j Blocks ] and 2, Bellwood Subdivision, City of Grand Island, Ha71 County, $
<br /> '� � Nebraska `{
<br /> ; �s �
<br /> ; �� In the event the real property which is the subject of a real estate mortgage securin s'
<br /> ?, the note is sold, or �itle thereto is conveyed by land contract, deed or such that �
<br /> fi equitab7e title shall be transferred while there is due any amount hereunder, the �a
<br /> �� ho]der hersaf may at his or its option adjUst the rate of interest payabie hereunder �
<br /> {r to re-flect the average rate of interest then being charged on commercial second `
<br /> I� mortgages being then offered by Mor America Mortgage Co. or its successors or by [�
<br /> (; like real estate lending agencies or similar type specializing in making similar j�
<br /> y� second mortgage 1oans.
<br /> �f �
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<br /> !� �The intention being�to.convey hereby an abaolute title�in fee simpie, including all the rights of homestead�and dower. t3
<br /> t1, TQ HAYE AND TO HOLD the premiaes above described, with all the apPurtenances thereunto belonE;ing, unto the said ��
<br /> tj �moztgagee(s) and�W his, her or their heirs and.assigna forever, provided ralways,.and these presents.are upan .ihe express��
<br />° 1a c�ndition that if the said moztgagor(s),his,her or their heire, esecutora, administrators or assigns ahall pay or cause to be �+
<br /> j{ ,��paid to the.said mortgagee(e),his,.her or their heire,�executora, administrators or assigns,the principal sum of$45�00�.�O ��
<br /> • f( paYable as follows.to wit: ��
<br /> `� 119 monthly payments in the sum of $570.05, and a fina] installment of which shall ,�
<br /> t� include the entire unpaid principal balance together with all accrued principal and
<br /> ��� � � � � � ��
<br /> r� interest.
<br /> �{ �;
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<br /> �; with interest/ficctording�to�e tenor and effect of tl�e mortgagors wratten promissory note bearing even date with these preseats �
<br /> �� and shall pay all tax¢s and sssessments levied upon said real estate,and all other taxes,levies and tissessmeats l�vied upoa ihis o
<br /> k mortgage or the note'which this mortgage ia given to secure, before the saxae becomes delinquent, and keep the buildix�s on': �
<br /> said premisea inaured for the sum of$ 0 , loss;if any, paYable to the said mortgagee,tihen these preaenta
<br /> ' �b �� Yo be void, otherwiae to be and remain in full force. � � � � W7 thltl �5'�E�dVS �� � �� �'•
<br /> � 'j IT IS FURTHER AGREED (1) That if the paid mortgagor shell faII to pay�such tazes or psoL�ure such insurance, the �
<br /> said mortgagee may pay such ta�ces and procure such insurance: and the sum so advanced, with interest at �2� per j°
<br /> i� cent,shall be repaid by said mortgagor and th1 Or�B e,�'all`. stand as security far the aame. (2) That a failure to pay any 3
<br /> �i of aaid money, either priacipal nr interest����ie`��mee due, or a failure to comply wiGh any of the fotegoing ^
<br /> a �
<br /> i; agreements, shall cnuse the whole suxp of money`her�j�necured to become due and collectible at once at the optioa af ihe z�
<br /> � '+ morkga$ee•� �� � '� �Y�,Y, y-T„ � . . � � . . � �i
<br /> � `s s;gned this� 1 st . day of �'.r J{��Y� � ^�;„` °� � . 19 77 � � � �
<br /> E . '
<br /> . ,
<br /> � �i ::'_ .''�-' x:, rn � ,.;, BA R.. . . 0. OF KEARNEY +:
<br /> ' i� In presence df <:« .......�.--•-• �---•--..,. ..E.................. ......._. ..--- -....__.. ,,
<br /> � �� . ..:_._ . . ..:...... ..... .. _ --- - .... .. . �.
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<br /> f� ...t�.�f SS.., ,�� . . BY..._ """�.-' i:
<br /> 'F � � 4 � Patr7ck J F n, Its President '
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<br /> ,, �; sTn� oF .....NEBRASKA ........ ..,...... co�,ty oc ----•--•-BUFF g+t.. � ._ ';'"�..:: 6`
<br /> �� Before me, a notary public quali&ed for esid rnunty, pers N»�„l'+���• Faden, President 4'
<br /> ; �; of Ball Real Estate Go.,of Kearney Q,w :5�'�,�� �
<br /> �x known to me to`be the identical person or persona who aign Lh fpFe�Ag,'�eYti4 and acknowledged the esecutioa t=
<br /> v7lt9fig' � � S.
<br /> �i thereoE to be his;he:or their voluntary act and dee�. �C S$�o� d' „
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<br /> s� �j Witnesa my hand and�notanal aeal on� �� �� _ .� Rfg ���� �i
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<br /> �E.- S'�tR'FE'��F._.,....... . . _... --•• n red on numerical index and filed for record �, �_ * �'.*"$ ,
<br /> , ��ey' ; .... ...-- : . .... ..---• � }se. in thE Register of Deeda O8'ice of said County the f! � ry��:
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<br /> � �� _.._... ;w.._...day,af ..:. 19 at ... oclock and ....minuLea .............•--M•• �i �'�s �
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