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<br /> 52-A—REAL ESTATE MORTGAGE—(With Tax Clause> (Rzvised 1962) 'i7�,H���II�,wn Gcn�rul SuF>pty Houw;,Lssicoin,lveba . � �
<br /> _ �. _;._. . _..._._... _...__,....__ ' ._.._.__ ........___... .__...___.. ._....... ......._. ........ .._.._ __... .._..._.. ....._ .. ._...._ ._._._ ._ � . .
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<br /> ' ; KNOW ALL MEN BY THESE PRESPNTS: Thae Lambert J. Poels and Geraldine A. Poels, each �
<br /> in his and her own right and as the spouse of each other. �
<br /> . . ; of Hal l County,and State o[ Nebraska � ,in consideration of the sum of l .
<br /> � � Fifty Thousand and No/100 Dollars----------($50,000.00) DULLARS
<br /> � � in hand paid, do hereby SELL and CONVEY unto �
<br /> ��� i Irene L, Wi�ese � �
<br /> � � of H2.11 Count,y, State of Neb�3Sk2. the following desc;ribcKi premiscs situated � �
<br /> { in H811 County, :uid Statc of N@bT3.Sk3 ,to•wit: '.
<br /> ! A tract of land comprising a part of the Northwest Quarter of the Northwest Quarter ;
<br /> '' i (NW', NW;) of Section T'hirty-Four (34), Township Eleven (11) North, Range Ten (10), West i
<br /> �-
<br /> � of the 6th P.M., �.n Hall Cowity, Nebraska, more particularly described as folZows: �
<br /> ` Beginning at a point on the South right of way line of the County highway, said point '
<br /> I being located 254.6 feet East and SO feet South of the Northwest corner of Section 34, � .
<br /> ' thence South and paraliel to the West section line 959_7 feet to a point on the North a
<br /> right of way line of the Union Pacific Railroad, thence Southwesterly along said North
<br /> ' right of way line 301.9 feet to a point on the West section line of Section 34, thence ;
<br /> ! NorYh along said West section line 1113_5 feet to a point on the South right of way �
<br /> ; l�ne of the County highway, said point being SO feet South of the Section corner, thence ;
<br /> ' East along said South right of way line 254.6 feet to the point of beginning, containing i
<br /> �
<br /> 6.12 acres more or less.
<br /> THIS IS A FIRST, PURCHASE MONEY REAL ESTATE MORTGAGE
<br /> . 1 The intentic�n being to cunvey hereby an ahsoluta: LiUe in far� simpie, including all thc rights nf homest2�d and derwen � .
<br /> 1'O HAVE AND 'PO HOl.I) the f�rcrn�s�rs ibovc; d<=ti�ribed, witfi all the xPPurtenances lh�reunto be]onguig, unto the s.tid � .
<br /> � I mortgagee(s) and to his, her or thcin c�.irs t�vid assi�ns f�rever, providcsl sal�:-uys, zind the.se prex,nts are upon the express � � �
<br /> � crondition that if tbe wid mortgeror(s),his, her or their heirs, exex:utors, adrninistrator� br assigny shull peay or cause to be � � � �
<br /> aid to the naid mort a ee s hie, 6er or Ehair h�.irs, cxecuturs, administrators or assi ns,the rinci�a1 sum of� f� �
<br /> 1 i P S'B � ), �� P T � .
<br /> .i � payabie as follows,to wit: � . �. � �
<br /> ! i $606.64 on November 1, 1977 and a like amount on the first day of each month thereafter !
<br /> ; until the full principal balance has been paid with interest @8% per annum computed
<br /> ; upon the unpaid principal balance and with monthly rests. The mortgagors shall have
<br /> , ; the option to prepay upon the unpaid principal balance without penalty as to interest on t
<br /> ' ' any such prepayments in amounts equal to the principal portion of the next succeeding
<br /> � � payment or payments. Mortgagee shall give a partial release(s) on the North S acres ;
<br /> ; (North 855 feet) or portions thereof provided that additional principal payments of �
<br /> I: $2,500.00 an acre are made by Mortgagor. However total principal payments in any one '
<br /> ! calander year shall not exceed $13,00�.00.
<br /> i with interest according to the tenor and cfTecL of the mort.gagors written prorn4ssory note benrin�;eve��date with lhese presents I � � . � .. ��
<br /> ', and shall pay u❑ taxes and assesnments levied upon said re�ul e,tate,and ull other taxev, levies and uesessments levied upon this . � � . �
<br /> �'� mortgage or the note'whir.h this mortgage iy given to secure, �'q�nt��stime becomes delinquent, tu�d keep fhe buildings on � . . ,
<br /> . ! said premises insured fur thr swn ��f �.uipaid principal , loss, if any, payable Lo khe said inurtgagce, then these presents � . �. � �
<br /> , �. to be void, otherwise to bi� and reinain in fiill fnrce. � � . � � �
<br /> i IT IS PURTFiliR AGI2FED (1) 'I'hat if the said mortgagur shall fuil to 7��uy �ruc�}i t:isc•s or procure such insurunce, the ' � � . � � �
<br /> ; said mortgagec may pay such taxes and procure such insurance.; and the surn so advancc�cl, with interest at ij o . per . � . � �
<br /> ' � cent,shall bc repaid by s:aic3 morlgagur, and this mcsrtgage shal! stand as security fur the same (2) Thati a failure to pay any � . � �
<br /> �` oI sald inoney, eiYher principal or int.erest, �+•hmn the aame becomes due, or a failure ta cotn�'�iy wiLh any of the foregoing � . . � .
<br /> '; agreements, shall cause the �vhole sum uf moriey herein secured to becmne due an� . ❑cctible at once at the option of the � � � �.
<br /> . �; mortgugee. � .. .
<br /> Signed this �Z day af ,��_'��—� , 7.9 77 ' � �� . . �
<br /> . ��. . i .. . . .
<br /> � � ! In presencc of _� �- �� � . . �-
<br /> . , .. .. ... .... .. ,
<br /> ; ,t J. Poel�
<br /> . �.
<br /> �
<br /> . ............................... ..... G'.L.c::.c:�t�..�tt-G:, ...6.r G�'C.1..!,_.. ... ... .._
<br /> ___ �...;�. i ! �
<br /> Geraldine A. Poels
<br /> , : ....................................... ......... ........ .... __.. . ___....__. .._.. __......... _._. ... . .........._.. . ..... ... ............
<br /> �' 1 STATE OF_.....:....ALBhYt3Ska . ....__ . ....__. County of..._---.Hall __...__.......... ._.__:
<br /> � �� Before me, a n�tary pUblic quxlifir� for said cuunty (aersonally c�ne Lambe �'v ��.,��.pH�g 871G�. �'iCT8lCllrie �
<br /> i A. Poeis, each in his and her own right and as spouse of C'��c}�'q�bes„`'cf°jj,,
<br /> �� icnown to me to be Lhc ideiiticul �iersun �r prrwns whu si�;ned the lnregoing StY�ya�ih�t�tihd,,�feJc��� �edg�d the execution . .
<br /> �. thereof to be his, her or their voluntary acL and ej�Z�3. '� � .
<br /> � Witness my hand an�otarial..,Fea1 on. .--c;.:�-<'�-�'� /_�?.—��.. . '�''..'y`��.!SSt p� . .
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<br /> '. MY commission expirce: - ....�. .....�. ... 19. .� .. '. ..--'� �.=�F.�! Notar Public. � . �`ry ..
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<br /> STATE OF......._.................
<br /> �' - - � ----�----��-�----���-��� ��� Entere �ur16� �� cx and fil.ed for record �
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<br /> ��� �+ ' Couztt ........ � in ihe Regisie. eeds Of}"ice of said County the � � �
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<br /> . , ' -"...day of.._................ ..........., 79..........., at... ....... .ci clrx:k and........_.......... .minukes ....M., .' �, . :,:
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<br />� . �, } a�d reaurdei7 in $ewi:.._............ .. ...............of........................ ...........at }�age....... .................. ......._.. . . ., .,,. .
<br /> � � . � ......... ... ........ .. , ........... .._ .Reg. of Deede � � .
<br /> � ' � � By................... . . ........ ........ ... _. ..,.... __.Deputy � .
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