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<br /> 4 , 52,A—REALESTATE MORTGAGE—(With lax Clause) (Revised 1962) The Huffman General Supply Hoes.,Lincoln,Nebr. i!
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<br /> ' KNOW ALL MEN BY THESE PRESENTS: That we, Kenneth J. Kotinek and Elena M. Kotine&J1
<br /> i each in his and her own right and as the spouse of each other, i
<br /> of Hall, County,and State of Nebraska ,in consideration of the sum of 4 •
<br /> 1 Thirty Thousand - - - - - - - --- - ($30,000.00) - - - - - - DOLLARS 111
<br /> It in hand paid, do hereby SELL and CONVEY unto
<br /> J t William H. Ehxsam 9S
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<br /> of Hall County, state of Nebraska the following described premises situated, (1
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<br /> in Hall County, and State of Nebraska ,to•wit: J {I
<br />" , I All of Lots 5 and 4i-in Block 2 in Nagy's Addition to the City of
<br /> i { Grand' Island, Nebraska, excepting the Northerly 44 feet of said
<br /> 11 f Lot 5 •
<br /> < $? 9 it
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<br /> {� THIS IS A FIRST, PURCHASE MONEY MORTGAGE
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<br /> 01,1II•irII/:•I'IIIIIiI, 1., 1 ', II . .
<br /> tj!j ` The intention being to eonvev hereby an absolute title in fee simple, ari,Jing all the rights I homestead and dower. g
<br />,i,,,•;-,T•;:.,',.•,,,.:;',,•,:1-1,':•',..1, I !{ TO HAVE AND TO HOLD the premises above described, with ad the appurtenances thereunto belonging,unto the.said l'
<br /> I; t mortgagee(s) and to his, her or their heirs and assigns forever, provided always, and these presents ate upon the express ii
<br /> t condition that if the said mortgagor(s), his,her or their heirs, executors, administrators or assigns shall pay or cause to be { t3l
<br /> ii I paid to the said mortgagee(s), his, her or their heirs, executors, administrators or assigns,the principal sum of$30,000.00 y it
<br /> fl pafahie hs follows,to wit: 120 equal monthly, amortizing payments. of $363.99, including.,° i1_I interest at 8% per annum, and with the first of such monthly payments { i
<br /> i 1 payable February 1, 1976 ; mortgagors have the option to prepay I i
<br /> it i upon the principal balance. i •
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<br /> x • j{. with interest according JO the tenor and effect of the mortgagors written promissory note bearing even date with these presents '{
<br /> 1 and shall pay all taxes and assessments levied upon said real estate,and all other taxes,levies and assessments levied upon this
<br /> ii mortgage or the note'which this mortgage is given to secure, before the same becomes delinquent, and keep the buildings on ! 11 '
<br /> 17tId said premises insured for the sunt of $ 30,000.00 , loss,if any, payable to the said mortgagee. then these presents iS
<br />.'-....-'.:-.1:'''',. ! i to be void,.otherwise to he and remain in full force. I •-
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<br /> 1 IT IS FURTHER AGREED (1) That if the said mortgagor shall fail in pay such taxes or procure such insurance, the.
<br /> saidmortgagee may pay such taxes and procure such insurance: and the sum so advanced, with interest at 11 per
<br /> Si li cent,shall.be repaid by said mortgagor,and this mortgage shall stand as security for the same. (2) That a failure to '{
<br /> i ' pay�Y
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<br />� l`. i of said money, either principal or interest, when the same becomes due, or a failure to comply with any of the foregoing { -
<br /> �; i agreements, shall cause the whole sum of money herein secured to become due and collectible at once at the option..of, ._r .F--
<br /> tl l mortgagee. li
<br /> Signed this January , 1076 +- i
<br /> gn 2nd day of _ "
<br /> In presence of f - `. t'
<br />°I 1 E ena M. Kotz a-k i;
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<br /> l!i STATE OF Nebraska. County of Hall- • j,
<br /> iI , '--Before me, a notary public qualified for said county, personally came Kenneth J. Kotinek and Elena M. 11
<br /> i1Kotinek, ,fid her own right and as the spouse of each-other,
<br /> ' ij I known tri .:person or persons who signed the foregoing instrument and acknowledged the execution-i Fi
<br /> o _. , thereof be hi c�l4oluntary act and deed. ii
<br /> r ( a ens my hand and,n tar. 1 se on. Jana �- 6 { 7
<br /> January.. 7
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<br /> u ' My"commission expires:::_ _ . . A 19. :(:.L �3dotary Pu r
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<br /> yI i STATE"OF I
<br /> jEntered on numerical ruder a:1 filed for record E i, ;
<br /> County } in the Register of Deeds Office of said County the it
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<br /> _ day of 19 at_ o'clock and minutes M. - "
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<br /> and recorded. in Book..._ at page .
<br /> Eiitdred on numerical index and recorded en 4 `�, 19 7 4 ''
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<br /> aili ../%/h -P-.Pm. as Instrument i•o. �" r+ u Reg. of Deeds
<br />--1'7:'-'1' Lee...., .._. ! nr- >ter et Deeds F ! C ty, Nebraska
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