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<br /> � ; 52 A REAL ESTATE MORTGAGE—(Wrth Tax Clauae) (Rovesed t462) T6c Hu¢man Gen.nl Buppiy Sd uso, Lvicol Neb f �� .
<br /> ___._.;;._ ______..�...____.._._. ________._.__�___.___ �____�_�_____________���._________ _ _ l
<br /> f° KNOW ALL MEN BY THESE PRESENTS: That Robert S. Proffitt and Thais Ann Proffitt, �
<br /> �( Husband and Wife, each individually in his and her own right and• as spouse of the other, �� �
<br /> s: I ui Izall County,and Sisa#e oi 2de�r83k� .n ccr.ideraiion o.tLe s�zn ui `i,
<br /> f 'y� TWO HUNDRED SIX THOUSAI3D THREE HUNDRED SEVEN AND 68J100------------ ---- ------DULLARS � i; !.
<br /> 1, 3 in hand paid, do herelay SELL and CONVEX untA The Pirst National Bank of Grand Island, �y '
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<br /> �� of Hall County, State of Neb T35ka the following de�criberi premisos situated �� {
<br /> �1 i� $dll� County,.and State of NebYaska � � � �� ,to-tvit: � � �� .Fk - �
<br /> E � .: . � . � . . . � a
<br /> �� Lot Two (2) in Medical Park Third Subclivision to the City of Grand Island, '� �
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<br /> Eiall County, Nebraska, � x� r
<br /> §� reserving unto the Grantor and its assigns a perpetual right-of-way �; �
<br /> �� easeznent in common with the Grantee and its assigns over and across � ,(
<br /> 4� the 20-foot wide strip of Lot Two (2) , extending in an easterly �; �
<br /> } direction from Custer Avenue. ik
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<br /> i' �The intention being.to�convey hereby an absolute titlP in fee simple, including all the rights of homestead and dower.��
<br /> � t� �� .�TO�HAVli AND TO HOl.D the prc�mises alrove described, wiGli all the appurtenances tliereunto belongxng, unto the said ��1
<br /> � �+ ���mortga�ee(s) and to his, her or tiieir heirs and assigns torevez, provided always, and these presents.axe upon the. ezpre.ss �.t1
<br /> - ji �. .cvndition that if the snid mortgagur(s),his,her or their heirs, executors, administrators or a;signs ehall. pay or cause��to be� :�
<br /> ' F( pai3 to the snid murtgagee(s), his,her or�their heirs,executors, administrators or assigns,the�principat�sum of.$�206�307�.68 ��
<br /> �? �� PaYable as follows.to wiE: � . ��
<br /> ;a . ... . . � � E�
<br /> �� . . . . . � . . � i
<br /> 3; Payment of $2,092.53, ir_c�uding principa3 and int2rest, on the lst day � ;�
<br /> ±� of each month, beginning on November 1, 1977, until the final payment ;j
<br /> � �f on October l, 1992.
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<br /> �. �( with�interest according to the tenor and eil'ect ot the mortgagors writte.n promissory note�bearing even date with ttiese presenta � iti
<br /> � and�shall.pay all taxes and assessments levied upun said real�estate,and all other taxes,levies and assessments levied upon th�.s ;�
<br /> i °,' ��mortgage or.the nate'which this mortgage is given to secure, before the same becomes delinquent,and keep the buildings on � � �
<br /> : ' �said premisca 'rnsnred for the sum oP $206�307.68 � , loss, if any,payable to tZae sriid.xnvrtgagee,then these presents ��j
<br /> ? � �� � �- to be�void, otherw3se to�be and remain�in fult force. . � . � ��sP
<br /> � �� �� ��IT�IS FURTH�R AGREED�(1.) That if the said mortgagor shail fail to pay such taxes or�procure such insurance, the .i4
<br /> � #!.� � saic3 mortgageu�muy puy such taxes and procure such insurance; and the sum so advunced, wi4h inlerest at lI:Y, . per �';
<br /> :: �� ��� .cent,shall be repaid by�aid mortgagor,and this mortgage ahal.l stand as security for the same. (2) That a failure to pay any
<br /> .�� i� �of�aid.n•.oney, either principat or interest, when the same becomea due, or a failure to comply with atty�of the foregom� i�;
<br /> � � �� � �agreements, ehall cause the whole sum of moaey herein seaured to�become due and cotic,•etible at�once xt the option�.of the ,y
<br /> .. 'j �mortgaKee... � . . .. .. � " .
<br /> ' " k� Signed tl�is Sth day of October . 1 7 . � °
<br /> . � $` . .. . � . i . : . .
<br /> ; i. :C � In �resence oF . ........�... ... ...........-�... o t —p....-ffitt f� � .
<br /> � .. �� . . : � � � ' $ .
<br /> � ..:.� - �......:....._......_. ......... ..... ........... ... -��
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<br /> ; x �5 BR�� ... _........... .... ........-Thai n Proffitt ?t
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<br /> , ,� � �j�'{��e a y public quatifi� for said cuunty, peraoually carne Robert S. Proffitt and �
<br /> 1� � % aF e4y'• Thais Ann Pro£fitt i
<br /> � ,� � •8W� $51,r�• he identical person.or persons who signed the fozegoiag instru.ment and acknowlcKlged the execuhon � a
<br /> . a y�,�fo'�q r or;their voluntary act and deed �; `i
<br /> � '� '�'OF NC" < ti . , Octobex 5 � e <
<br /> , , �� hand+�#�d notanal sea7 0 ... ... .. 1� }
<br /> �� � C�1Tllission ¢x�•ike LF �/ . . . t i �.d+, :
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<br /> � .. E' MY ' Pires �� ^G v_.....�. ,ev .-o�>-s-r�cc-,�-r>-✓ i i� . • ;
<br /> { '--•-'- --.���.._�...._ , 18.. -� .;. .... ... ,�. . ..........._.---. _... Notary Pubhc , .
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<br /> : }� 'S'7.':�1fiE''+'OF ..._^.��.,. S�Lt.a. .......... ......_,.l . in the Re ister of Deeds Office of said Count the i3 � �� � �
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<br /> , � ' r� Entered an aumenca�i index and filed-for xecord �r >��,r,� �
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<br />�� ' � . . .� . �. .. . � .. �. . . � .Reg. �of Deeda I `". . �. .. . ��
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