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<br /> yi 53-A—REAL ESTATE MORTGAGE—With Tax Clause (flevis�d 1962) Tho HuHman Genaral Supn�r Houae. Lmooln,Nebr � '�J �
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<br /> ;' KNOW ALL MEN BY THES� PREEENTa: THAT E1roy E. Sch..midt and Joan M. ,Schmidt,
<br /> {E Husband and wife, as joint tenants with right of survivorship, each in his� own
<br /> �( ri ghts and as spouse of the other. �ivlo:c�ago:s) 'i
<br /> !4 of Ha�-�- County,and State of N0br3S1Lc� ,in�onsideration of the sum of �
<br /> � ,i Forty thausand and no/100---------------------------------`------- DOLLARS ° ,
<br /> , qt in hand paid,do hereby 5ELI.and CONVEY unto COI[llitEx'C181 N3t].Onal Bank & TYUSt Company �q i-
<br /> ` !� {Mortbaeee ) ;� '.
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<br /> �� oF H�11 County, and 3tate of Nebraska the following described preuuaee
<br /> ; � s;tuatea in : Hall county, and 5tate or Nebraska +,o-wit:' S�
<br /> ; ,� Lot Forty-Six {4.6) in Wolfe's Subdivision in [a
<br /> ry ;i the City of Grand Ssland, Hall County, Nebraska ;,
<br /> ' �F In the event the title to said real estate is transferred, or contracted a�
<br /> F J� be transferred, from the undersaid for any reason or by any method whatso �r�r, �
<br /> j� the entire principal sum and accrued interest shall at once become due an
<br /> � f payable at the holder hereof. Failure to exercise this option because of
<br /> � �� transfer of tit2e as above state8 in one instance shaI2 not constitute a `
<br /> ( waiver of the right to exercise the same in the event of any subsequent �
<br /> ' �E transfer. ;
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<br /> �i The intention being�to convey hereby an absolute title in fee simple including all the rights of homestead�and.dower: .. ;1
<br /> �' ����TO AAVE.AND TO�HOLD the premiRes above described, with all the appurtenances thereunto�beloaging.unto ti�e ' '
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<br /> '..� �� aeid martgagee and to St5 heire and assigns, forever, provided always, and theae presents� are upon the ezptess ^
<br /> ' I� condition that if�the aforesaid mortgagor s.;� their heirs, executors, administrators or assigns shall pay or cause�to be `�
<br /> ' � � `:8 �paid Go the seid mort,,agee ��.,�.. 1'tS heirs, execvtors, administrators or assigna,�the aum pf F4Yts7 thousand and si �
<br /> $ , il no/100 ($40�000.00)----------------------------------Hollars.payable as follows�to-wit f� s
<br /> �,� y1 orty thousand & riO�lOO----vollars on the 27th aay oe January , ls 78 i{ f '
<br /> ° � "i � � � Dollars on the day of � , 19 2 s
<br /> ' s� Dollars on the day of , 19 Z
<br /> i 1 ,' jj . � . �� � Dallars on tlie . day of � ��� � . 19 � s� ' " �
<br /> �; � �. � � � Dotlars on the day o[ � � � ��� � , 19 � ��.�
<br /> � � : �d . � .. .� .' . .. . .. . , F n
<br /> � �., tia with intereat ther¢on�at 9.50per cenl per annum, payable 1�27�78 Xdf�i3tLfr all according to the�tenor and e$ect of �,r
<br /> acertsin promisaory note of said ElTOy E. Schmidt and Joan M. Schmidt, husband and `wife ? `
<br /> � :� as oint te ant with right of survivorship, each in his own rights and as {'
<br /> + r� s�oi�ise o� t�i� R�her :
<br /> + ; .�� i' ring even ate wi t ese.ptesents, and shalt pay all taxes and assesements levied upon said real extate,and all other�.taxea,
<br /> ' leyies and�assessments levied upon this mortgage�or the note which thia mortgage is.given to aecure,before the same lx.'comes s
<br /> � � �' �y delinquent,�and�keep the�buildings on�ssid.premisea insured for the eum of$40��00-0� � �. loas, if any, payablo to ;
<br /> ,. � �� �1 the�said�mortgagee, then.these presents to be void, otherwise to be and remain�in full force. . � � �
<br /> ' � .�� �i � IT'IS FURTHER AGRE�D (1) That if the said mvrtgagor shuli fai!to pay euch taxes or procure such insurance,the t�
<br /> ' '- i� said mortgagee may pay such taxes and procure e�uch insurance; and the sum so advanced,with intereat at j,50 per cent � ;j
<br /> � # ehal!be paid by said mortgagor, and this mortgage shall stand as sec.�urity for the same. (2)That a Failure to pay any�of asul
<br /> �,� 3(.� �money,�either principal vr interest when the same becomes due,or a failure to�comply with any�of the foregoing egreeznenta, �j
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<br /> � q� shall cause�the whole sum o[ money herein aecureci to bewme due and collectible flt�once at the option of the mortgagee.�
<br /> � �� Signed thi� 2 7 th day of Jllly 9 7 7 . .
<br /> �� � ���� ���� �,,..999
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<br /> ; � �� � �� In pre nce of ��` ... .�G-'.��...�_�'�G��'�,�. . ��;
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<br /> �� . .. .:. .... . ........ .�. ...._....._...... ...- 0321�M. SCIlIiI�� .. .. . . .
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<br /> f << Nebraslc �
<br /> :r STATE OF_....... . ...... �_:...... ......... County of._...._Hd.�.a:...............--...........:
<br /> ; �. iE � Before�.me, a notary public�quaisSed for said councy, �ersonaliy aeme Elroy� E_ Schmidt- and �Joan NI � ?
<br /> {i 'Schmidt, husband and wife, � �;
<br /> � .�. �� �known tq�we fo be..the identicel person or pr.raons who signed the foregoing inetrum�nt and acknow]edged t�he execuGon t . �
<br /> � ii thereoi W La 3un, 3ier o�thair w:�t��l�iJ�x}�,de.^3, � :
<br /> ; 1, s�M¢N{*143-a-rkR1� �utl,y_..�.7... ._.....�-_.-.-•.--,is 77.. � ,j
<br /> � S W32xieae.my hand fdild noffinaF1, n -
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<br /> ; MY comwisawa e�c,�3F� .. 18....... ... �'y�� ......_Notary Pubhc
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<br /> } ' �' STqTE OF_._. _..:._ ..._.... .. �._� ...�... EnEered on numcrical indes and filed for :ecord � �? "�t � #�
<br /> }zf � CouatY .:....... ....:::._.._ ,_.�..... ..:.. ........�es. . � � � :; $,�' '��`'��.:-
<br /> ,r �� �n the Re ter of Deeds pfi�ce of sa�d County the '
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<br /> L �� � . .'day of..:._.._.. ..'�.. ..... '... . ��19. ak . . . . ... . .
<br /> .....: ... .._.:..._. ..of:.: ....... .. .....:...at pag�.oclock-and. .......------......`minutes--•- •�---. ...M � ��; .
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<br /> , .. {� i --�---.....Reg. of Deeda � :p .,.,
<br />� ' �� � .. ��. �. �. �. .By � . . . Deputy � �.
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