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<br /> 52•A—REAL ESTATE MORTGAGE—(With�Tax Clauae)�(Revised 1962). � �11u Hudmua GerwrnL6upply Hour,Lincoln,Notrr. � ��
<br /> � KNOW ALL MEN BY THESE PR�SENTS: That Warren B. Garrett and Theresa M. Garrett, Husba i�—
<br /> �; and Wife, each ind3vidually in his and her own right and as spouse of the other, '�
<br /> z; ot Hall County.and State oE Nebraska ` �� '
<br /> , �� .. . .. . . .. ---------------------------- in consideration of ihe sum of
<br /> �+ ONE $UNDRED THOUSAND AND NO/100-------- --DQLZAI2S £¢
<br /> I� �y 9n hand paid, do hereby SELL and CONVFY,unto The First National Bank of Grand Island, (
<br /> �� �� �� �
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<br /> � �� Qf Hall County, Sfate of Nebraska the followuig described pteinises situatecl (
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<br /> Hall County, an� State oE Nebraska ,to-wit: a� ;
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<br /> � +; �� The East Two Hundred Thirteen Feet (E 213') of ��
<br /> r � Lots Four (4) and Five (5), in Warren Subdivision
<br /> � s� to the City of Grand Island, Hall Gounty, Nebraska. �
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<br /> �The intention bein�to convey hereby an absolute title in fee si mpla,�including all the rights of homestead and dower. : ��� E
<br /> � , �� � TO HAYE�AND'I'O�HOLD Lhe�premises al�ove described, with a(I the appurtenances thereunto belonging,unto the said d� � ;
<br /> �� ,mortgaKe��s).and to his,.her or thyir�hcirs and assigns forever, provided always, and these presents ate upon the express ����
<br /> � � � his, her or their heirs, executors, adminisirators or assigns shall pay or cause tq be ���i
<br /> � �i icondition that if�the said mortgagor(s), . . . . .
<br /> '• � �� l�aid to�the saicl mortgagee(s), his,her or their heirs,executors, ad�ninistratorts or rassigns,the principal sum of�$ 100�000.00 ��j
<br /> �; payable as follows,to wit_ �;j�
<br /> � '� � � � .� . . . � .. � . . ,�
<br /> , . p} . .. . : . . . . . . ,K� r i
<br /> j ;; t� $100,000.00 principal payment, plus accrued interest, on August 19, 1978. � �.
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<br /> � ��� £ � with interest according to.the tenor and effect of the mortgagors�written promissory note bearing:even date with these presents �
<br /> �{ # ��and shall�pay ull taxes and:�ssessments levied upon said real estate,and all other taxes,levies and assessments levied upon thi,s �'
<br /> y ` �� .��mortgage::or the note'which this m�rt�age is given.to secure, before�the same becomes delinquent,and keep the build'uigs on �` �s`
<br /> ' � F� said premiaes insurcd for the sum.of S 100 QQQ.-00 ,�loss, if any,payaUle to the said mortgaqee, then these presents :#J
<br /> � � {{ -to be vaiel, otherwise to be�and:remain in ful�force. � . � � .� ���
<br /> � �. j! �� IT IS�.FURTHER.AGREED (1) That iT f:he said�mort�agor shall fail to pay such taxes or procure snch insurance, the ��4
<br /> �- � ��:, i �said.mortgagee�may }�ay such taxea and procure such insurance; and the.sum so advanced, with. interest At . 11�� . �_ ��
<br /> � �cent shall be�repnid by said mortgagor,and this mortgage shali s4and as security for the same. (2) That a.failure to pay any ..�
<br /> � � �� .of said money,either principal or.intereat, when the same�tx3comes due, or a failure to mmE�ly with any.�of the foragoing �
<br /> " . �i : � agreements, shaR cause the whole sum of money hezein secured to become due and coticv:tible at o e t��the option'�of the �.ss
<br /> � �k ..�.mortBagee. . .. .. . . . . . . . : F ., . , . .
<br /> ' 19th Au st is 77 � -- � $' '
<br /> � i� Signed this day of 8u . / . / � '
<br /> {9 � � � . f . ��._. � .���,
<br /> i �4 In presence of .... /.�. . .�.' .::�a .,.' ' --'sr��e-��t--- fi
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<br /> �� ......... . _:. e esa M. Gar tt
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<br /> ? �� ST 6F $Al1. ebraska ....... ........ � Co�,ty of .._.. Hall.._..... ---...--�--..... ��
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<br /> i tt �� �� � �o�x�'��"9��.0� ublic.qualiSed for said county, personallycame Warren B. GazLett and � Si
<br /> ;G < : �' Theresa M. Garrett j ;r
<br /> � �j owA ioltY�G1�/�BYbe #�e i ntical petson Qr persons who signed the foreguing instrument and acknowledged the execution jt
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<br /> � S� .f�EX�'l12'C"S�h`br o ir voluntsary act and deed 4p
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<br /> � , Vl�"itr�s my�i�pT a notanal seal on ��u.s2'.._19 '� �7 "
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<br /> ��'. ���, -. . ..,:�Z�-.^..- ---.. . }�. in tlae Regierter of Deeds O$ice of said CountY the �� `- ��fa
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<br /> � '� a � .,... . .,.::�..day of: .... .......... .. .:. ....:...�19 .........�ut.: ... �:--•� -----._..o'clock and � ..-- •-- :..muiutes... . � ._.M., �� � t»�
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