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<br /> REAL ESTATE MORTGAGE �:
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<br /> KN041 ALL MEN BY THESE PRESENTS: That QENJAMIN L. ROBERTSON and TEDDA L. I
<br /> ROBERTSON, husband and wife, and �OUGLAS A. OENMAP� and MARILYN K. DENMAN,
<br /> husband and wife, all of Hall County, State of Nebraska, in consideration of
<br /> the sum of TWENTY THOUSAND DOLLARS (a20,000.00) in hand paid, do hereby Sell and
<br /> Convey unto BANK OF WOOD RIUER, of Wood River, Hall County, State of Nebraska,
<br /> the following described premises situated in Hall County, and State of fJebraska,
<br /> to-wit:
<br /> Lot Five (5) and Lot Six (6) in alock T�vnety-one (21) in
<br /> the To�vn of Alda, Hall County, Nebraska.
<br /> The intention being to convey hereby an abso'ute title in fee simple, including
<br /> all the rights of homestead and dower.
<br /> TO HAVE AND TO HOLD the premises above described, with all the appurtenances �
<br /> thereunto belonging, unto the mortgagee(sj and to his, her or their heirs and
<br /> assigns forever, provided always, and these presents are upon the express condition
<br /> that if the said mortgagor(s), his, her or their heirs, executors, administrators
<br /> or assigns shall pay or cause to be paid to the said mortgagees(s), his, her or
<br /> their heirs, executors, administrators or assigns, the principal sum of TW[P�TY
<br /> THOUSAP�D DOLLARS ($20,000.00), payable as follo��s, to-tivit:
<br /> �:
<br /> Two Nundred Fifty-three Dollars and Thirty-six Cents (�253.36), which
<br /> includes principal and interest payable monthly, first payment due on
<br /> June 1, 1976, and a payment of T��ro HundredFifty-three Dollars and
<br /> Thirty-six Cents (�253.36) on the first day of each month thereafter
<br /> until the balance of the principal and interest is paid in full which
<br /> indebtedness is amortized on a ten year payment plan. Each install-
<br /> ment shall be applied first to interest accrued to date of receipt of
<br /> installment and the balance, if any, to principal. Payment of any
<br /> principal or interest owing hereunder may be paid prior to maturity
<br /> on any payment date without penalty,
<br /> af
<br /> with interest according to the tenor and effect of the mortgagors' �vritten
<br /> Promissory Note bearing even date with these presents and shall pay all taxes and
<br /> �° assessments levied upon said real estate, and all other taxes, levies and
<br /> � > assessments levied upon this mortgage or the note which this mortgage is given
<br /> to secure, before the same becomes delinquent, and keep the buildings on said
<br /> � ; premises insured for the sum of Forty Thousand Dollars (S40,Q00.00), loss, if any,
<br /> payable to the said mortgagee, then tfiese presents to be void, otherwise to be
<br /> and remain in full force.
<br /> IT IS FURTHER AGREED (1) that this mortgage is not transferable or assign-
<br /> able without the written consent of the mortgagee; (2) that if the said inortgagor
<br /> " shall fail to pay such taxes or procure such insurance, the said mort9agee n�ay pay
<br /> i' such taxes and procure such insurance; and the sum so advanced, with interest at
<br /> I.:..l.�..l 1 L� ',1 L. 'J L:.. ���nn ��
<br />�r � i�ync�� ��yd� ini.c� shal� u� icNuiu u,� Sdiu Ti'vii.ydy'Gi, dii� �i�i� iiiuiw�y� S�w��
<br /> stand as security for the same; (3) that a failure to pay any of said money,
<br /> either principal or interest, vihen the same becomes due, or a failure to comol,y
<br /> tiaith any of the foregoing agreements, shall cause the whole sum of money herein
<br /> secured to become due and collectible at once at the option of the mortgagee.
<br /> Signedthis �day of April, 1976.
<br /> . �e�... � � \�t�(�; fl-'11�R� /�o� � �J��rr � R���G���.��\,A/�'�
<br /> � 6 ja'�ri min L- o ert�tson, individually 9 ug�s A. Denman, individually
<br /> 5�'i: �l�/�}%tA,{ 1�)o�}�-Q��1 V,(1�t'l'\.,: ,.1�'.'.�.�`:C C�c �,�� /C� '�!C?t i�?'!�%�ti
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<br /> and Tedda L. Robertson, his wife and Mar�lqn K. Denman, his wife
<br /> STATE OF NEBRASKA ) � y .
<br /> � COUN7Y OF HALL . . ,) ss.
<br /> Before me, a f�otary Public qualified for said County, personally came � ,
<br /> Denjamin L. Robertson and Tedda L. Robertson, husband and wife, and Douglas A.
<br /> Denman and 1�1arilyn K. Denman, husband and wife, heing the persons who signed the � -
<br /> n ...
<br /> above and foregoing Real Estate 1�iortgage and acknowlzd9edthe execution thereof to �
<br />�. be his, her and their voluntary act and deed � ; )
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<br /> . _:-.�,� Mr CxnM.Exp.wig �;.I9]1
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