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<br /> � 53-A—REAL ESTATE MORTGAGE—Wkh Tax Clause (Revised 1962) The HuIImnn Gr�,ernl Supp]y House,L;nrnm,Nebr. ; . �.
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<br /> -'�r �� ALL MEN BY THES� PRESENTS: TI3AT Elroy E.NSChICtidt 3rid JOfln M. SChiRidt, hll3barid
<br /> � � and wife, as joint tenants with right oP survivorship, each in his own rights �
<br /> 3 and as spouse oi tne c�ther rhto•to��ox s� ? _
<br /> �� � of � �H 3.11 � County,and State of NEbr3Sk8 ,in consideration of the sum of �
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<br /> Forty thousand and no/100------ ---�DeLLaxs t
<br /> i� in hana paid,do hereby SELL and CUNVEY unro Commereial National Bank & Trust Company ;
<br /> t �
<br /> {Mortgagee ) �
<br /> I� ot Hall Co„ncy, and State of N6bY8SkH the followin�dexribed premisea i
<br /> `' s;cuatea in Hall County, and scace ot Nebraska to-wic: Lot Forty-Six (�6)
<br /> �; in Wolfe's Subdivision in the City of Grand Island, Hall County, Nebraska
<br /> ,.
<br /> i In the event the title to said real estate is transferred, or contracted td
<br /> �`. be transferred, from the undersaid for any reason or by any method whatsoevter,
<br /> ;; the entire principal sum and accrued interest shall at once become due ands
<br /> payable at the holder hereo£. Failure to exercise this option because of �
<br /> . - transfer of title as above stated in one instance shall not constitute a �
<br /> �� waiver of the right to exercise the same in the event of any subsequent
<br /> f �transfer.
<br /> f
<br /> ' This mortgage is filed as an amendment to a mortgage dated May 27, 1977, �
<br /> �` signed by Elroy E. Schmidt and Joan M. Schmidt, entered as document
<br /> #7Z-003063, filed for record with the Hall County Register of Deeds, � .
<br /> June 6, 1977, 9:39 A.M.
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<br /> �� � The intention beir.g tu convey hereby an absolute. title in fee simple including all the rights of homestead and dower. S � �
<br /> TO HAVE AND TO HOLD the premises above described, with all the appurtenances thereunto belonging unto the.j
<br /> �said mortgagee and to � 1tS heirs and aasigns, forever, provided always, and tliese presents are upon the espresa t
<br /> :� � conditioa that if the aforesaid mortgagor S, their h���5, executors, administrators or assigns shall pay or cause to be � �
<br /> �� ' paid to the said mort,agee , 1'tS heirs, executore, administratora or assigns,the sum of Forty thousand 372 .
<br /> `�� �' ------------------- Dollars, a able as follows,to-wit: � �
<br /> IlO�.lOO_-___--____-_---------- ----- P'Y
<br /> ° $40�000.00---------------- Dollarsonthe 27th day oE JBnuary , 19 78 �
<br /> +
<br /> ��� � Dullars on the day of , 19 � �
<br /> ' -( . . Drlls•e n•,ehp day of , 19 t . : � .
<br /> � j
<br /> a �. . Dollars on the day of , 19� j . � �
<br /> �' Dollars on the day of , 19 � � . �
<br /> � with intereat thereon at 9.50 per cent per annum, payable 1�2��7$ �+++��^all accordin� to the tenor and efTect of � -. . . � . . �
<br /> � as joint tenantsgwithE�igy E Schmidt an� Joan �. Sch�idt, hu$band and wi8e,,
<br /> ht of survivorship, eac. in his own rights and as �
<br /> spouse of the other
<br /> bearing even date with these presents, and shall pay ali taxes and assessrnents levied upon said real estate,and all other taxea, � , �
<br /> .levies and asaessments levied upon this mortgage or the note which this mortgage is given to secure, before the same becomes � . � �
<br /> .�,� delinquent,and keep the buiidings on said premises insured for the sum of $ 4���000.00 loss, if any, payable to � �
<br /> � the said mortgagee, then these presents to be void, otherwise to be and remain in full force, k
<br /> ,� � � . IT IS FURTH�R AGREED (1) 1'hat if the said mort.gagor shall fail to pay such taxes or procure such insurance, the �
<br /> said mortgagee may pay such taxes and Vrocure auch insurance; and the sum so advanced, with interest at 9.5 Q per cent i
<br /> �� shall be paid by said'mortgagor, and this mortgage shatl stand as sErurity for the same. (2) That a failure to pay any of said i
<br /> money, either principal or interest when the same becomes due, or a failnre to comply with any of the fomgoing agreements, � � .
<br /> ' shall cause the whole sum of money herein secured to become due and collectible at once ut the option of the mortgagee. � � .
<br /> ' Signedthis 27th dayof July , i9 77 3
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<br /> �. � In resenc . ._.�,.,� .:.',G�� . :�. . �-1/.�� --"'- i . . �
<br /> ,
<br /> Elroy E' Schmidt ;
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<br /> .......... ......"'.......... . � � .
<br /> ,
<br /> ;�'�an �M�. S�hmirYt. . ....... ... ...... .. . . .._ ,
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<br /> ' '' �� ` Nebraska........ ............ co�n�y oe. > '
<br /> STATE OF....-�---.._.. __..Hall.. ...... ............: �
<br /> ............
<br /> .Before me, a notary public qualified for said county, personallycazne Elroy E. Sehmidt and Joan M. � .
<br /> l Schmidt
<br /> ;� ��� known to me tQ,b����t At,acal person or persons who signed the ioregoing inettument and acicnowledged the executiun � .
<br /> . �� � theriwf�to be his, he�Lor�rA�untary act and deed. � � .
<br /> . .' "' ��.� " � „ . . . � i _ . ..
<br /> ,. Witnesa my�hand4as{�bt�'ial seal on............ July 27......................p.................,19._�... .. ; � .
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<br /> .�.-. ;.�mmiasion E:PaW ,�( � ` �
<br /> ;� 3, _� �y,cozq_,isaion.er�ps2'�r39aU ...----_...:i-•-:..'`�^..�.. 19..�..f.��_. .._ ]��._�c.cr�-?L.:S--'��._ . .....:z:���-c.: ..-- '--.Nolary Public. ± � � � . J�,,�
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<br /> � i^ STATE OF --•.�•••-����---••� Entered on numerical index and filed for record i 3 ��„ �
<br /> �' �.�County �'.�� - .� . . . . }�. . in the Register of Deeda O�ce of said County the � ,�; � � � � � �� „
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<br />� �;...� �> # �and recorded ixt Book_.........:..................... _....of...:__......_.......---'--'---......_.aE page-".----............-----•'--------'---... t . :
<br /> " �--_....-•-�--�......................_.....-----._....... .................Reg. of Deeds � � ..a..�.
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