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<br /> +� 52—REAL ESTATE MORTGAGE—(With Tax Clause) Tne xnrtmna Gen«rui auvn�r noasn, li�nc�in, .. �_. �
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<br /> 1�' KNOi�L'' ALL MEN BY THESE PRESENTS; That Leo P. McGowan and Ramona M. McGown ��
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<br /> iF husband and wife, each in his and her own right and as spouae of the oth� n,
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<br /> �� of Hall County;, and State of Nebx'a53ca , in co�o.riderution of thP sunL of �;
<br /> . �i Twelve Thousand Two Hundred and no/100--------------------------DOI.LARS �� � : •
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<br /> �� in hand'paid, do hereby SF.LL an.d CONI�E3' +ir�to Five Polnts Bank �
<br /> + 2015 North Broadwell , Grand =sland, Nebraska 'i
<br /> }� of Hall Coscnty, St¢te of I3ebraska tl2e follounng �escribed prennises sit:aated ,�
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<br /> '� in Hall County, anrl State of Nebraska , to-zciit: ` ,!
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<br /> , �f LOT SIXTY-EIGHT (68), �F BUENAVISTA SUBDIVISION IN THE CITY OF �G
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<br /> �� GRANI7 ISLAND, NEBRASKA. ;}
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<br /> ^ !' The intention beiny to convey hereby an absalute title in fee simple,inclx:ding alG the rights of hoenzstead ared dawer. a
<br /> TO HAt�E AiVD TO HOLD She hreynises above described, wittz all the appurtenances Ehereunto SeLone�ing, �i
<br /> ; {; unto the said mort�agee(s) and to his, her or their laeirs a�zd assigns forever, �rovided ulz�ays, ¢nd these }+rescnts are �
<br /> upon the ci¢ress rondi.tion that if the said mortgagor(s), his her or thein c�irs, esecutors, adnaini,rtrators or assigres �
<br /> � shall pay or cduse to Se paid to the said mortgagee(s), his, ker or their heirs, execsstors, ad�ninistrators or assigns, the �j
<br /> i{ principal sunz af $12, 200.00 ynyable as follows,to wit: �
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<br /> $113.73 on the first day of August 1977 and $113.73 on each month � il
<br /> thereafter until paid in full. Each payment applied first to ;
<br /> ; interest ancl then principal. � i�
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<br /> �' wtth Bnteres� accor�l n ,..t the tenor and e ect o thd mort a ors zuritten roanissor�note bearin r^ven date zvitli these
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<br /> �j Qresents`aan�.�r�C,(l,�ic�a„�Zl�tp,a'es and assess�nenfs levied upon said real estate,¢nd a11 other tccxes, levies and assessrssents (
<br /> i: deznet�u��g�6'or"riJ+e note z�l:icic this mortyage is given to secure, before the sasne becornes delinquenl, and �
<br /> 1; kee the buildin s on said remises insured or the sum o �;
<br /> p g p f } $ loss, if a�:y, �r¢y�xble to the saict
<br /> 4•,' rnortgagee, then thwse �reseti�ts to be void, otTseravi,ca to be and res�rain in full force. ; �;
<br /> - �� IT lS FUXI�HER AGREED (z) 7'hat if the said morlg¢gor shall fai! to pay such tazes or procure such in- �f
<br /> F 1j sur¢nce, the said Tnorigagee�nay pay such taxes and procure such insurance; and the surse so advanced, zerith inrerest �.
<br /> i{ at per eent, shald be repaid by said �sortgagor, and this m.arlgage shall strsnd as secaariEy for the s¢me. :I ,
<br /> (2) That a failttre to gay any of said money, eitlaes principal or interest, zuhen the sarrse becottaes due,or a failure to �
<br /> f� cnmply z¢rith ¢xy of the foregoing agreemcnts, shall casrse the whole susn of vnoney lierez�: secured ta become due and � ;' '""�'-�"' �.�
<br /> ss coLlectibLe at once¢t lhe option of tl�e mor-tgagee. � � � ��f
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<br /> �; j� Signed this 27th day o# July , _Z: �J � � �` �'
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