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<br /> � 76��1�0_-2�_.�'--' 6- !��,i096
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<br /> �� REAL ESTATE MORTGAGE '
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<br /> t� KNOW ALL MEN BY THESE PRESENTS: That GERALD W. GEWECKE, also known as ��;'
<br /> Jerry:,6ewecke, and DONNA L. GEWECKE, also known as Donna Gewecke, each in his and , �„
<br /> ,� her own right and as husband and wife, ef Ha11 County, Nebraska, in consideration � �
<br /> of the.sum o` ELEVEN`THOUSA��D DOLLARS ($11,000) in hand paid, do hereby se1T and . •
<br /> �;,��. convey unto BANK OF WOOD RIVER, of Wood River; Hall County, Nebraska, the follow- „ �
<br /> ,'�.,. in g described premises situated in Ha11 Count y, and State of Nebraska, to-wit: ` ,�,':•,•�
<br /> �t-� : ;
<br /> { A11 of Lot Ten (10) and the Westerly Fifteen (W 15') Feet � '�
<br /> '-t of Lot El.even (11), in B1ock Four (4), in the First
<br /> �,':
<br /> Addition to the Town of Wood River, Na11 County,
<br /> � . <, =
<br /> L� Nebraska. '
<br /> The intention being to convey hereby an absolute title in fee simple, including all �. ` ,
<br /> the rights of homestead and dower. ; `"
<br /> ��,
<br /> ' TO HAVE AND TO HOLD the premises above described, with all the appurtenances s
<br /> thereunto belonging, unto the mortgagee and to its successors and assigns forever, <
<br /> provided always, and these presents are upon the express condition that if the i �>'
<br /> said mortgagors, their heirs, executors, administrators or assigns shall pay or _ ,
<br /> cause to be paid to the said mortgagee, its successors or assigns, the principal
<br /> sum of ELEVEN THOUSAND ODLLARS ($11,000), payable as follows, to-wit: �
<br /> �.•-;
<br /> Two Hundred Twenty-seven Dollars and One Cent ($227.01) ; ,
<br /> - per month for a period of sixty (60) months with the
<br /> first payment to be made on July 10, 1976, and a like '
<br /> J payment on the tenth day of each month thereafter until '
<br /> �� the entire sixty (60) payments have be2n paid, said i .
<br /> monthly payment to include principal and interest:
<br /> The unpaid balance due hereunder at all times shall ; +
<br /> draw interest at the rate of eight and three-quarters '. �
<br /> (8 3/4) percent and the final payment of Two Hundred ; ��
<br /> Twenty-seven Dollars and One Cent ($227:01) or such �
<br /> ;� other amount as then may be due and owing shall be ` � ;
<br /> payable on June 10, 1981. Each installment shall be ; � .
<br /> ;� a p plied first to interest accrued to the date of re- b
<br /> , cei pt of the installment and the balance, if any, �
<br /> 'to principal, (
<br /> with interest according to the tenor and effect of the mortgagors' written Promis- �
<br /> sory Note bearing even date with these presents and shall pay all taxes and '
<br /> '7 assessments levied upon said real esta�re. and all other taxes, levies and assess- � r�
<br /> �:�' ments'levied upon this mortgage or the note which this mortgage is given to secure, -
<br /> :-i before 'the same beco�n2s delinquent, and keep the buildings on said premises in-
<br /> ;� �. sured for, the sum of fifteen Thousand Dollars ($15,000) loss, if any, payable to
<br /> >,� .� the said mortgagee, then these presents to be void, otherwise to be and remain
<br /> in full force.
<br /> `i ' IT IS FURTHER AGREED (1) that this mortgage is not transferable or
<br /> ;�� : assignable without the written consent of the mortgagee; (2) that if the said
<br /> mortgagor shall fail to pay such taxes or procure such insurance, the said mortgagee {
<br /> may pay such taxes and procure such insurance; and the sum so advanced, with in-
<br /> terest at highest legal rate, shall be repaid by said mortgagors, and this mortgage �
<br /> shall stand as security for the same; (3) that a failure to pay any of said money,
<br /> ',� either principal; or interest, when the same becomes due, or a failure to comply
<br /> 'j with 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 /> ,�; Signed ihis,z,sd y of �, 1976.
<br /> � � .���� � - �-.-�
<br /> '' ; .: fiERALD W. 6EWEC E �
<br /> "� y�StATE OF NEBRASKA � � � 5Y,
<br /> '� .,COUNTY OF HALL - ; 55 DONNA L. EWECKE t�' €`
<br /> .� " Before me, a Notary Public qualified for said county, personally came ,I , •
<br /> ,� GERALD W. GEWECKE, also known as Jerry Gewecke, and DONNA L. GEWECKE, also known as _
<br /> � Donna E�wecke, each'in his and her own right and as husband and wife, being the per- ,� ':
<br /> sons foregoing Rea1 Estat rtgage and acknowledged the ` ��
<br /> "S execu i��Mlf•I�rtlMM.M voluntary act and eed n this lst day of June, 1976. 'k�� ',
<br /> .I� � CWIRLE6 EU(iFNE MOYER ` � '� . �
<br /> i-- -- W Comm.�o-Brv�!�.�879 . � y�`�_�'• . .
<br /> i.ic���I
<br /> o ar�ubTi c
<br /> My cor�nission expires:
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