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<br />�+ 53•A—REAL ESTATE MORTGAGE—Wlth Tax Clauee (Nevised 1962) 7t�c tiuIIin���Cenerul Aupply Hou.w,I.inroln,Nnbr. �
<br /> a ._ � .� — __' _" _.—_� ._"'__.—' _�.._..--
<br /> KNOW ALI, h91iN IIY THGSG YRCSEN'1'S: 'PITAT A 2'dett N. PelerSOn and GretChen K. Peter50n,i I
<br /> ' f husband and wife, each individually and as spouse of the other•
<br /> � '
<br /> (n�tortgagor ) � . �
<br /> �; �.. I aj Hall Counl y,und Slu te o f Nebra s�c a ,;n con,�de�ntion ot tl,�sum of � �,
<br /> � Thirty Six Thousand and no/100 - - - - _ _ _ _ _ _ _ _ _ _ _ _ _ _ DOLLnRs �
<br /> • f �m hand peid,do hcreby SCLL and CONVtiY��io Commercial National Bank & Trust Company,
<br /> Grand Island, Nebraska,
<br /> (Mortgugee ) � �
<br /> o[ Ha11 County,�nd State of Ne1Jt'8Sk8 the fultowing�eacribed premises i � �
<br /> situated in Hall County, and Stutc o( Nebraska to-wit:
<br /> All of fractional Block Nine (9) of I3onnie Brae Addition to the City of Grand Islan�,
<br /> Hall County, Nebraska, as surveyed, platted and recorded, together with the
<br /> ' I ��'esterly one-half of Monroe Street between the Northerly line of 4th Street and thd
<br /> Southerly line of 5th Street, adjacent thereto as vacated by Ordinance No. 4842 of �
<br /> the City of Grand Island, Nebraska, recorded in T3ook 20 of NTiscellaneous Records�
<br /> Page 498 in the Register of Deeds office in Hall County, Nebraska.
<br /> 1
<br /> In the event the title to said real estate is transferred, or contracted to be trans-I
<br /> ferred, from the undersaid For any reason or by any method whatsoever, the entirc�
<br /> principal sum and accrued interest shall at once become due and payable at the I, -
<br /> Iholder hereof. Failure to exercise this option because of transfer of title as '
<br /> � above stated in one instance shall not constitute a waiver of the right to exercise ! '
<br /> ; � the same in the event of any subsequent transfer. ;
<br /> � !
<br /> � 76- U0500`r
<br /> ;
<br /> : i 1'he intenlion kming to convey hereby nn absolut��title in fee simple. including ult the riglits of homesfend nnd dower. � �
<br /> � � TO HAVG ANU '1'O IIOLD the premisr-s alw��r described, with at1 lhe appurtennnces thereunto belonging unto the j � �
<br /> � � suid mortgagew nnd to jtg hi•irs and iissi�;ns,(nre�•cr, pruvided alwnyfi, nnd these prescnts nre upon the espress j
<br /> �. �� I condition that i(�he aforesnid mortga�;or , th@tT' I1F1�5, P%CCWOf9, :1(ItTI1t1ISfI:IIUfS or ussigns shall pny or cnuse to be I �
<br /> .; � j paid to the suid mort,ogee , (ts heirs,executurs, administrators or ns.eigns,the sum of � � � �
<br /> Thirty Six Thousancj
<br /> t � and no/100 - - - - - - - - - - - - - - - - - - - - -
<br /> - �ollurs,paynblc as[ollows,to-wit: �
<br /> .. �(�8��.��� Eight Hundred HRC�lloltnr.�un(hc �J,��•�[ 1� I �.
<br /> I
<br /> ho/100 dollars - - - - - - - i�„u;,��,,,,it,�, lOth �i,��<,t September , is 76 i ��
<br /> , �fld 2flCf'1 C71011f,�1 LE72P@8ff@C UII- Dullars un ih�� day<i( Ly �
<br /> ' , �il paid in full. Payments to r��,u:,�s�»,ct,�� d„v�,t 1J
<br /> { � � �r1,an��lagd lst to int. bal to nou;��s�,�,ih�• d;,v of , �;�
<br /> . i w�th mPerexf thereun at ! 1 monthly ]SA4C7��fl7i�ll according to the tenor and eIIect of '
<br /> 9. 5� per rent �cr annum, myable
<br /> �nceRninpromiswrynotcu[said Arden N. Peterson and Gretchen K. Peterson, husband and ;
<br /> �ife I ,
<br /> . . bearinR evr.n date w•ith lhc;e presents,:3ud shall pay all taxes �nd assessments lis�i�d upon said rral estnte,and nll other tuxea, I
<br /> ' � � levice and nssessments levied upon ihia murtgnge<�r the note wl�ich this mnrtFage is given to secute,betore the same beromea i
<br /> i
<br /> :� � � j delinquent,and kmp the building9 nn said premiscs insured tur thc swn u(3 n�a loss. i(:u�y, Paynble to j .
<br /> . I the said mortgugec, then theae prrsent5 tu 6c vnid, oth��nvise to be and remnin in full (orce. j
<br /> � i I"I' IS FURTEIGR AGREIiD (11 That i( tl�c said murtgagar sh;ill fail tci pay such tnxes or procurc such insurance, the �
<br /> i xnid mortgugee may pay such taxes nnd procure such insurance;nnd lhe sum su udvnnccsl,with uiterest ut �.5�per cent �
<br /> - . � shall be puid by said muriga�;nr,imd lhis murtga�;e shnll s(nnd as s��curity(nr the same. ('l)That a(ailure to pny nny of suid �
<br /> �� � money,either principol or inlerest whrn the same becnmes due,or n(nilure to comply with any o[ihe foreqoing ngreements, ;
<br /> �� i shall cnuse lhe whole sum nf muncy hercin secured to brcome due and collirtible at�iuce`nt,�he option of the mortgagee.
<br /> i � Signecl thiu 30th d�5•�t Au�ust is 7g
<br /> ,: i '� � ;
<br /> ' j In presence o(. �`�L„y` �� � � �
<br /> s ' ...5�„',. �..c1.Er�.,t. ...... ...
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<br /> ' i ST,;T� OF....NPbraska. .. ....... .. . . .. C:,,�n�: oL_. laall....... ..... ,
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<br /> � public qualificd tor snid count �ereonull catnc
<br /> i r. � v Arden N. Peterson and Gretchen i
<br /> 3 ' -•ErEtett���qn, h�and and wife
<br /> ' nnt4ei�Tt6hhe�'lb1�LAb ir�ntical ,
<br /> � perFon or persons who eignecl the (uregoing instmment a+nd acknowli�clged the execution
<br /> �� �. I thereo[�to'6�%hib,'•`her or their voluntnry acl nnd decd. _ � ���
<br /> • '-' 7� i .:s'txS�:P. � / � ' •.
<br /> i W��ness my;land:exxb tarinl seul on....A.UgUst..3Q... ... . ,1� �'��� �
<br /> Mv co` f�n!1G .i:>7d //_�,_ �7�/ �/� ��� _� �
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<br /> �....... . /�.CdG� 2c:.-Natary Public. �
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<br /> �� � �� i STATE OF..................................._................................. �nter 1 on numericnl inde: nnd filed [or record I . N �`•,�
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<br /> � Counfy ._................_..........._......................................... in the Re �ster of Decds O�ce of snid County the j .
<br /> � 6. } ' .
<br /> 0.
<br /> . . ..day of.................. ..., 1`J............, at..............._............_.o cicek nnd.............._..............minutes......................nf., I `t
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<br /> �md recorded in Book......................................_..oL.......................................at pnge................................._........... �
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<br /> r.. i ....................................................._.................__.....Reg. uf Deeds ', ..� .
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