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I � <br /> - 77' UU686U <br /> r <br /> It�AL ESTATE fdOP.TGAGE <br /> Kt10Sa ALL MEL7 BY TfIFSE P?LESF.NTS: <br /> That 3 TEE, IidC., 11 Corporation, organized <br /> under the laws of the State of L]ebrasY,a, with Principal <br /> offices I.ocated at 210 Phelps, Shelton, tdebraska, and <br /> doing busines� v�ithin the State of :Iebras}:a pursuant <br /> to the authority thereunder, in consideration of the <br /> sun of I7ItdE-TFIOUS112JD Ai7D tI0/100 DOLLARS ($9,000.00) <br /> in hand Paid, does hereby sell and convey unto WILBUR <br /> J. IicCUtIB�R of Wood River, IIall County, Nebraska, the <br /> follo�ainq described prenises situated in EIall County, <br /> State of Nebraska, to-�•�it: <br /> Lots Seven (7) and Eiqht (C) , in <br /> B1ocY. Eleven (11) in the L'irst <br /> I�ddition to Wood River, Hall County, <br /> NehrasY.a, <br /> the intention being to conve�� hereby an absolute title <br /> in fee simPle, including allJric�hts of honestead. <br /> TO FiAVE ALID ^O HOLD the nremises above <br /> described, with all ap�urtenances thereunto belonging, <br /> unto the said mortgagee, his heirs and assigns forever, <br /> provided always, and these presents are upon the express <br /> condition that if t2:e said nortgagor, its successors or <br /> assigns shall pay or cause to be paid to the said riort- <br /> ga�ee, his heirs, executors, adr.linistrators or assigns, <br /> the principal sum of t7ItJE-TIIOUSI�2ID 11t7D I�IO/100 DOLL.'�RS <br /> ($9,000.00) , with interest according to the tenor and <br /> effect of the mortgagor's written Pror.iissory tlote <br /> beinq even date witYi these nresents, and shall nay all <br /> taxes and assessments levied upon said real estate, <br /> and all other taxes, levies and assessrients levied unon <br /> thi� mortqage or tlie note which this riortc�age is qiven <br /> to secure, before the sane becories delinquent, and }:eep <br /> the building� on said premises insured for the sum of at <br /> least TEt7-TI'.OUS2IND AND 270/100 DOLL112S (510,000.00) , with <br /> a Loss Payable Clause to the said mortgagee, then these <br /> presents to be voicl, otherwise to be and remain in full <br /> force. <br /> IT IS FURTH�R 11GFt�ED: <br /> (1) That if the said mortgagor shall fail <br /> to pay such taxes or procure such <br /> insurance, the mortgac7ee may �aj such <br /> taxes and Procure such insurance; and <br /> the sum so advanced, with interest at <br /> nine and three-fourths n�r c.�nt (9 ;/4a) . <br /> shall be repaid by said mortqagor, and <br /> this mortgage shall stand as security <br /> for the same. <br /> fi: <br /> . M'�y+ <br /> � ''�1� <br /> T' <br /> ` � <br />