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76- 001107' • { REAL ESTATE MORTGAGE—WITH CL:AuUE. KNOW ALL MEN BY THESE PRESENTS: THAT Edward R Jenkins and Cherlrsnne M Jenkins of " Buffalo County,and State of Nebraska ,In consideration of the sum of One- Hundred Three Thousand Seven Hundred Twenty One & 57/1C0 DOLLARS 'i' in handpaid,do hereby SELL and CONVEY unto FIRST NATIONAL BANK In Kearney, Buffalo County, and Slate of Nebraska, the following described premises situated in Buffele County,and State of Nebraska ,to-wit is Lots 1-2-3-4-5-6 Better Homes Subdvision said Block One (1) being ±mttzt2'. * located on and being a Sub-division of Lots 4-5-6-7 in the North 38.3' of Lot 8 in Block One (1) William Frank Addition to the City • of Grand Island, Hall County, Nebraska r3 This Mortgage is given as port of a note mortgagors promise to nay as shown in the note dated Tebruary 6, 1975 for the ,-mount of 163,721.57 by and between Personalized Homes Inc. a Nebraska Corporatio Edward R Jenkins and Charlanne M Jenkins husband and wife, each in his own right and as spouse of the other, and First National >'` Bank in Kearney Neb., a Nebraska Corp. The intention being to convey hereby an absolute title in lee simple including all the rights of homestead and dower. TO HAVE AND TO HOLD the premises above described, with all the appurtenances thereunto belonging unto the said FIRST NATIONAL BANK. and to its assigns, forever,provided always,and these presents aro upon the express condition that if the said heirs, executors, administrators or assigns shall pay or cause to be paid to the said FIRST NATIONAL BANK.or assigns. the sum of One Hundred Three Thousand Seven Hundred it • Twenty One & 57/100 Dollars, SG payable as follows, to-wit: )t . All Due--- March 10,1975 et tq.. Ut 8'. SSC according to the tenor and effect of the one promissory note of said t dward R Jenkins & Charlanne Jenkins bearing even date with these presents, and shall pay all taxes and assessments levied upon said root estate,and all other taxes, levies and assessments levied upon this mortgage or the note which this mortgage is given to 0 secure,before the same becomes delinquent,and keep the buildings on said premises insured for the sum of $ loss,if any,payable to the said mortgagee, then these presents to be void,otherwise to be and remain in full force. IT IS FURTHER AGREED(1)Thai if the said mortgagor shall tail to pay such taxes or procure such insurance,the said mortgagee may pay such taxes and procure such insurance; and the sum so advanced, with interest at per cent shall be paid by said Emortgagor,and this mortgage shall stand as security for the same. (2) That a failure'to pay any of said money, either principal or interest when the same becomes due, or a failure to corn- ply with any of the foregoing agreements,shall cause the whole sum of money herein secured to become due and collectable at once at the option of the mortgagee, or assignee. I Signed this day of p ,A.D., 19 6th February 75 In presence of CJ icy Q it t_ ).-� •