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<br /> 17� 1FIRST MORTGAGE
<br /> . .. _ fi : .'74 :_:._..
<br /> 531/4—REAL ESTATE MORTGAGE--WIth Tax Clause The Huffman General 5upplr Iloe,,,Lincoln,Neter.
<br /> 't ; KNOW ALL MEN BY THESE PRESENTS
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<br /> 1 , ii THAT Clarence P. Borowski and Louise C. Borowski, husband and wife, each in his or
<br /> ,, her own right and as spouse of each other
<br /> ;Ii!' ''' I (Mortgagors )
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<br /> ru I, of Hall County,and State of Nebraska , in consideration of the sum of
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<br /> Eighty-one Hundred Fifty-seven and 26/100 DOLLARS
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<br /> I. in hand paid, do hereby SELL and CONVEY unto Flower-Evans Company
<br /> 1 I (Mortgagee )
<br /> I of Hall County,and Stale of Nebraska the following described premises
<br /> 1 situated in Hall County,and State of Nebraska to-wit:
<br /> Lot Five in Fractional Block Three (3) of Joehnck's Addition
<br /> to the City of Grand Island, Hall County, Nebraska and Lot {
<br /> 'L" in Joehnck's Subdivision to Grand Island, Hall County,
<br /> Nebraska, being a triangular tract on the westerly side of j .
<br /> Fractional Lot Five (5) in Fractional Block Three (3) of
<br /> Joehnck's Addition to the City of Grand Island, Hall County, L
<br /> Nebraska
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<br /> In case of foreclosure, all expenses to be paid by the mortgagors including attorney's
<br /> fees
<br /> V' The intention being to convey hereby an absolute title in fee simple including all the rights of homestead and dower.
<br /> TO HAVE AND TO HOLD the premises above described, with all the appurtenances thereunto belonging
<br /> unto the said mortgagee and to their heirs and assigns, forever, provided always, and these presents are upon i
<br /> the express condition that if the aforesaid mortgagors, their heirs, executors, administrators or assigns shall i '�
<br /> pay or cause to be paid to the said mortgagee ,their heirs, executors, administrators or assigns, the sum of ,
<br /> Eighty-one Hundred Fifty-seven and26/100 - Dollars, payable as follows, to-wit: j
<br /> Dollars on the day of , 19
<br /> Dollars on the day of , 19
<br /> According to note given Dollars on the day of 19
<br /> r: herewith Dollars on the day of , 19
<br /> - Dollars on the day of , 19
<br /> with interest thereon at 94 per cent per annum, payable annually all according to the tenor and effect
<br /> of a certain promissory note of said Clarence P. Borowski and Louise C. Borowski
<br /> bearing even date with these presents,and shall pay all taxes and assessments levied upon said real estate,and all otter
<br /> taxes,levies and assessments levied upon this mortgage or the note which this mortgage is given to secure,before the
<br /> same becomes delinquent, and keep the buildings on said premises insured for the sum of$16500.00
<br /> I loss, if any, payable to the said mortgagee, then these presents to be void, otherwise to be and remain in full force.
<br /> IT IS FURTHER AGREED (1) That if the said mortgagor shall fail to pay such taxes or procure such
<br /> insurance,the said mortgagee may pay such taxes and procure such insurance; and the sum so advanced,with interest
<br /> at per cent shall be paid by said mortgagor,and this mortgage shall stand as security for the same. (2) That
<br /> r,, ( a failure to pay any of said money, either principal or interest when the same becomes due,or a failure to comply with i ;!
<br /> any of the foregoing agreements, shall cause the whole sum of money herein secured to become due and collectible
<br /> at once at the option of the mortgagee. u
<br /> Signed this 5th day of March ,19 76.
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<br /> L ! In presence of LG11a-s'eC , cr—2 ,.c`� ! Oy C
<br /> 3crence P. 'Bono is•
<br /> i§e C. 'Ho=oxo
<br /> 2,„._... U '_ t..,'.„.....,-„,...„
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