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<br /> ...„ 76-, 00' 175,1 �y t.5 _ SECOND MORTGAGE
<br /> » 63%4—REAL ESTATE MORTGAGE—With Tax Clause The Hoffman General Supply!louse,Lincoln,Nebr.
<br /> KNOW ALL MEN BY THESE PRESENTS
<br /> THAT Clarence P. Borowski and Louise C. Borowski, husband and wife, each in his or
<br /> her own right and as spouts of each other
<br /> (Mortgagor I
<br /> ,
<br /> of Hall County,and State of Nebraska , in consideration of the sum of I .
<br /> One Thousand Four Hundred Twenty-four and 74/100 -.DOLLARS ,',
<br /> I in hand paid, do hereby SELL and CONVEY unto Flower-Evans Company i '
<br /> i '
<br /> •
<br /> of Hall County,and State ofNebraska (Mortgagee )
<br /> the following described premises
<br /> situated in Hall Couty,and Siete of
<br /> Nebraska to-wit: ,:
<br /> ••
<br /> t , Lot Five in Fractional Block Three (3) of Joehnck's Addition
<br /> to the City of Grand Island, Hall County, Nebraska and Lot ,
<br /> ; ` ! i ''L• in Joehnck's Subdivision to Grand Island, Hall County,
<br /> Nebraska, being a triangular tract on the westerly side of
<br /> Fractional Lot Five (5) in Fractional Block Three (3) of
<br /> Joehnck's Addition to the City of Grand Island, Hall County,
<br /> Nebraska
<br /> it
<br /> P FOR VALUE RECEIVED,1,we and each of us.jointly and severally, promise to pay to the order of
<br /> FLOiER-EVANS COMPANY
<br /> llicenseet et na office,the amount abuse nhoun under lo-m""amount of Ic 'which RIM.if hown,includes proeomputed chance et the•p iable tate below
<br /> -hewn;otheiso I or we,nod oath of no,jointly and crellY.agree to pay mud amount of loan and in addition, charges thereon at the appbable Ms
<br /> below shown,no-win:
<br /> 2,q%per month on that partf the unpaid principal balance not in excess of 3300.00 2%per month on that Part of the priooi al balance in.ees
<br /> of 8,1101110 and not In egress of 85087.5,lty o per month on that part of the principal balance in moms of SE.00.5 and not m eaaae of 51,50.00,and
<br /> I%per month on a y remainder of such unpaid principal balance.
<br /> /e. All charges on thin loant II l eumpmed mt'or rebeted Pod gpayment made hereunder.hall be applied to principal d charges, o s tensed.
<br /> w the appliablr p v i f l Ino'n sheverydefault subl)eel to default o d set en ton charges,op on preduce thee law and if anc or more rem rebate whico w aro be
<br /> • ire for ape full nh l cos t n y ret llmennt tato, the eiato00 mem of gs option, reduce ed to talons ay Ne tpolwilds would be
<br /> chargesd forpre-payment in full f such menthe or date end the amount remaining apart.hall be tamed 10 be the unpaid principal tiding on whkh
<br /> u a h
<br /> may l de,collected end e h filled In the nr.hnary manner,and thereafter,charges may be charged,collected, received and applied a a nth on
<br /> forth above-until-Gnat- payment of said�.an 1'xvnu•nts to advance may be mode in any amount equal to one or more full i.ortall.,_.t at any ' •
<br /> i
<br /> i • In case of foreclosure, all expenses to be paid by theof said fees101including attorney's
<br /> • The intention being to convey hereby an absolute title in fen'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 I '
<br /> Into the said mortgagee and to their heirs and assigns, forever, provided always, and these presents are upon
<br /> I j the express condition that if the aforesaid mortgagor 8, 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 sun of
<br /> One Thousand Four Hundred Twenty-four and 74/100 - - - -_ - -Dollars, payable as follows, to-wit:
<br /> Dollars on the day of �9
<br /> Dollars on the day of 19
<br /> i I According to Finance Note Dollars on the day of 19
<br /> given herewith
<br /> Dollars on the day of 19
<br /> Dollars on the day of , 19
<br /> with interest thereon at 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 Ce Borowski
<br /> • bearing even date with these presents,and shall pay all taxes and assessments levied upon said real estate,and all other
<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 sunt of$ 16500.00 •
<br /> loss, if any, payable to the said mortgagee, then these presents to be z'oid, otherwise to be and remain in full force. j
<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 j
<br /> at per cent shall he paid by said mortgagor,and this mortgage shall stand as security for the same. (,o) That
<br /> a failure to pay any of said money, either principal or interest when the same becomes due,or a failure to comply with
<br /> any of the foregoing agreements, shall cause the whole suns of money herein secured to become due and collectible
<br /> at once at the option of the mortgagee.
<br /> Signed this la gni day of March tg 76 r..
<br /> IN r+
<br /> in presence of eA�il7'l"'(r( / -��t /� I 4
<br /> /l�
<br /> CTarende FYa is cwski t+ r`.V
<br /> i
<br /> C..
<br /> 1% / ^� /
<br /> Lot,... .,le Borowski
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