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r <br /> r1 r <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 <br /> f}.I / <br /> L - , : <br />