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<br /> :�<<; BEAL ESTATE MOHTGAGE—With Taz Clause
<br /> `�S=-`,',•
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<br /> KNOW ALL MEN BY TFiESE PRESENTS: 'TFIAT K3Z`Eri K3ST COX
<br /> (Mortgagor )
<br /> of Grand Isla nd, H311County, and Stax of Nebraska ,ia consideration of the sum of
<br /> , � Six Thousancl ($60C?0,00) DOL�axs
<br /> ia hand paid,do hereby SELL aad-0O1WEY unto Donald Lonowski, husband, and A1ice Lonowski,
<br /> wife, (nzortgagee )
<br /> of GT`3rid IS18rid Hc'z11 County,and State of Nebraska t1�e fouowing aescrlbea premtses
<br /> situated in Hali County,and State of Nebraska to-wit:
<br /> • i,.-.� T�..oy. /y�1 Rl nii T4.r (�� yn llgl c Rp��g7± .Cg�,r,n.�,i
<br /> � �-� •. ��� .
<br /> Subdivision in the EgSW4 ofvSection 14, Township 11
<br /> Nortl� Range 10 West of the Sixth P. M. , in Grand Island,
<br /> � Hall County, Nebraska,
<br /> �
<br /> �
<br /> The intention being to convey hereby an absolute title in fee simple including all the rights of homestead and dowen
<br /> TO HAVE AND TO HOLD the premises above described, with all the appurtenances thereunto belonging unto the
<br /> said mortgagee and to hiS heirs and assigns, forever, provided always, and these presents are upon the express
<br /> condition tliat if the aforesaid mortgagor Her heirs, executors, administrators or assigns shall pay ar cause to be _
<br /> paid to the said mortgagee h• heirs, executors, administrators or assigns,the sum of
<br /> S1X Thousand ��6��O.�U� Dollars, payable as follows, to-wit:
<br /> Dollars on the days of , 19
<br /> Dollars on the days of , 19
<br /> ($150.00 monthl � Dollars on the days of , is
<br /> y Dollars on the days of , 19
<br /> Dollars on the days of , 19
<br /> with interest thereon at y� per cent per annum, payable mOri�h1Y�Y�according to the tenor and effect of
<br /> a certain promissory note of said Karen Kay COX �
<br /> bearing even date with these presents, and shall pay all taxes and assessments levied upon said real estate,and all other taxes,
<br /> levies and assessments levied upon this mortgage or the note which this mortgage is given to secure, before the same becomes
<br /> delinquent,and keep the buildings on said premises insured for the sum of $ �6000.00 loss, if any, payable to
<br /> the said mortgagee, then these presents to be void, otherwise to be and remain in full force.
<br /> It is understood and agreed that this mortgage shall constitute notice thereof, that this mortgage is security for not only the
<br /> amount advanced concurrently with the execution herein but all fulure advances to be made under this mortgage at the option
<br /> of the parties or their assigns,up to the total amount stated in this mortgage to the same extent as the original advances herein.
<br /> In the event that payments and taxes herein provided to be paid by mortgavor,are not paid when due,and the premises at that
<br /> time or thereafter, are occupied by a ten3nt, the mortgagor herein,hereby sells and assigns and transfers to A7.1C2 3rid
<br /> Donald I.OriOWSk1 , mortgagee herein, all rents and income of all kinds azising out of said property and
<br /> authorize saiaAlice&Uonald Lonowski to collect same and sue
<br /> therefor in its own name, and after paying costs of collection, to apply the remainder on the debt secured by this mortgage.
<br /> In the event the mortgagors herein convey the above described premises, Alice 3riCl Donald LOriOWSk1
<br /> at his,her,or their option,may declare the entire balance of the above mentioned note due and payable. Acceptance of pay�
<br /> ments hereunder from such purchaser,without written notice to Alice 3rid Dori31d LOriOWSki shall not be
<br /> considered as a waiver of this right. In case of default of payment of any installment of principal or interest, or in payment
<br /> of Lhe taxes or insurance,or interest on the same,the mortgagee shall be entitled to the immediate possession of said premises
<br /> and to the receipt of all rents therefrom,and in case of foreclosure it is stipulated that upon request of the plantiff a receiver
<br /> shall be appointed for said premises to take possession thereof and to collect the rents and profits thereon.
<br /> IT IS FURTFIER AGREED (1) That if the said mortgagor shall fail to pay such taxes or procure suc },�surauce, the
<br /> said mortgagee may pay such taxes and procure such insurance; and the sum so advanced, with interest at�/° per cent
<br /> - shall be paid by said mortgagor, and this mortgage shall stand as security tor the same. (2!That a failure to pay any of said
<br /> money, either principal or interest when the same becomes due, or a failure to cou:ply with any of Yhe foreguing agreements,
<br /> shall cause the whole sum of moneY herein secured to become due and collectible at once at the option of the mortgagee.
<br /> Signed this 8th day of September ,is 7 .
<br /> � In pr�sence o� *...���-..-��."�^ ��
<br /> • ' ' V
<br /> ���� f, .�c..,C�'�..�c./�.c..�:ai.c.,.c.._. __ _.... ..........
<br /> ����C2.1��<�c,�. /'4_ �..�..t,c.�i�.�. . _.. ......
<br /> . � � ,
<br /> Nebraska Ha11._ � '
<br /> ' „ STAT� OF..__... .. .._....... ., County of....... ._.. R'L.a."41 � ,,,.
<br />� Before me,a noCary public qualified for said county,personally came K�'E T���� �i(�3," " "
<br />���� � �� ,r w:i ,,
<br /> Witness my hand and notarial seal on ._.. . �ii/7"' � r, '�**� �a�� , owledged the exeeution
<br /> known to me to be the identical person or persons who s�ned the foregOing riy�tpent and 1cl.n
<br />� thereof t�be his, her or their voluntary act and deed. �d
<br /> (IAky� p .. . � 7L
<br />�" hSy commission expires....�.��... . ..�..... .(.. ....., 18.7� ,. � ..,..�t..�: 1 .,.�r , ,:�, •. ....... ......Notary Public -�.� .,�,,. ,
<br />�.�� � ,,, t�
<br />��'
<br />�• � STATE OF. ..... . ..... .......... Entered on numerical index and filed for record �
<br /> �ss. in the Aegister of Deeds Office of said County the "'
<br />�'"�� County .... .,__...... . . ...... ......... ............ . � � �
<br /> ��' fw
<br /> __...,._..day of__ __.,....... _........ .....,19..........., at........... ...._......__o'clock and .. ..... ____minutes _. _._._.M.,
<br /> � �
<br /> .v�
<br /> .�a; and recorded in Buok........... . .......... .......of.... .......... ..........__...xt p��e .......... _ ............... .................... ...�..
<br /> � _... ., ._..... _._......_.. ___._......Reg. of Deeds
<br /> a
<br /> �:
<br /> � BY.___. . ...__.. .__......_.............. .. ._....... ._.__....Deputy
<br /> _ �
<br /> ,�' � �
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