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<br /> � �3� �.�.52-A—REAL ESTATE MORTGAGE—(With Tax�Clauae) (Revisetl 1962) �zh�li�,nan Goiur�l$upply Houee.Lincoln,N
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<br /> KNOW ALL MEN BY THLSE PRESENT5: That Gerald A. Shultz and Mary Jane Shultz, Husband !
<br /> [� and Wife, each individually in his and her own right and as spouse of-the other, t
<br /> ' f �p H811 County,and State of Nebi'ask3 ,in cons�deration of the sum of ��
<br /> d TWENTY-FIVE THOIISAND AND NOI100----------------------------- ------ -------T30LLARS
<br /> ��- in hand paid, do hcreby SELL and CONVEY unto The First National Bank of Grand Island, yi �''
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<br /> ��'� q( " Hsll County. State of NebYask3 the following described premises situated �
<br /> in Hall Gounty, and State of' Nebraska ,W-wit: k
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<br /> � Lot Twenty, (20) in It & B Subdivision, Ha11 County, Nebraska. ��
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<br /> � The intention being�to convey hereby�zn absolute tikle.in fee simPle,including all.the rights of homestead and.dower. .
<br /> ,�� �. i �,. TO.HAVE'AND TO HOLD�the premises atx�ve descri}xd, with all the apPurtenances thereunto 6elonging, unto the said �
<br /> � mortgagee{s) and�tq his, her or�their heirs�and assigns forever,� provided always,� and these Presente are u�on the �express �.j
<br /> � � � condition.that if the said mortgagor(s),his,�her or their heirs,.executors,��administrators or;assigns shall pay �or cause �to be .�t
<br /> � paid to the said mortgagee(s),his,her�or their heirs, exewtors, rtdministrators or assigns,the principal sum of$2$�000.00 �$
<br /> � � PaYable as follows,to wit: �
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<br /> y $25,000.00 principal payment, plus accrued interest, on February 13, 1978. �!
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<br /> , 'a �� �� with interest according to�.the tenor�and effect of the,mortgagors written promissory�note taearing even date with these presenfs �,��
<br /> ' � and shall�pay all�taxes and assessments levie�l,uF�on said re:il estate;and all other taxes,'levies and asaessmenLv�levicd.uf��n thie �
<br /> � mortgage'or the note'which Lhis morkgage is�given.to secure�, before the same�becomes delinyuent,.and keep the buildings on .�.{�
<br /> , � -eaid premises insured for.the sum`of$. ZS�OQO.O.Q� ..� . .:, loss,if any,Payable to the said mortgagee, then these presenLv. �F�
<br /> , § ta be void,�otherwise W�be.and remain in.�full�[orce.. � � � � , � � � : �� 3
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<br /> ,�a � t� .� IT IS�FURTHER AGI2E�D�(1) That,�iF the said mortgagor ehall fail to�pay�suclz.taxes or�procure such insurance, the ..��
<br /> �� ig said mortgagec may pay��such taxes and procure such insurance; and the.sum do. advanctd, with��interest at� .. 11%�� PeC ��i�
<br /> ! �cent,shall�be sepaid hy said�mortgagor, and this mortgage shall sLand as security for.the�sazne. .(2) That.a failure to pay any .���
<br /> � � oF said money, either principal or inferest,when the same becomea due, or a failure 3o comply with any of the foregoixag E*
<br /> � � agmements, shall cause the whole sum of�money herein secured to.become due and collectible.�at once at the option�oF the ���i �
<br /> ; raortgagee.. � �.�: . . . . . � . . .:.�'
<br /> , `. �` , Signed this 15th day of August , 1�J 77 . �%
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<br /> �� �� � In �resence of � �. � .j.....���"'r'wr.'.eur " '•'.... � � . � . � .
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<br /> H Shult
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<br /> i � f,�� ane Shultz !
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<br /> � t � Nebraska Hall '
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<br /> ` ublic ualifled for�said count ersonail came � �
<br /> �� � pt�p�:..e,�,�p ry p n v. n r Gerald'H. Shultz and � ,;
<br /> � S{ �v��.•GE R9�:�.Z Mary Sane Shuitz ; f�
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<br /> � �. �� k�ownKg7�,to [� iden.tical person or ��ersons who signe3 Lhe fureguing uutrumciit�an.3 aclsww'l..a:g� the ea�cuYion k 1�
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<br /> �. E]�e�Ndt$St�I� �er their voluntary act and deed ; . :.- � � , #e
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<br /> � I�Cttries�v r� �+nd nd aotarial�ea�n �l.igUSt...l$`'��.c � 197 �
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