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<br /> 53-A—REAL ESTATE MORTGAGE—Wlth Tax Clause(Revised 1962) 11,o HuEmm Gemr.l Supr�v Hwae,l.inmtn,N�br. , _
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<br /> �. KNO�V ALL D1CN BY TH�SE PRESENTS: 1'HAT Kenneth L. Layher, a single man, and
<br /> '� Harland L. Layher, a single man
<br /> . (Mortgngors ) ` ''
<br /> ji ot Wood RiVer� Hall County,and Stule of NebYaska ,in cnnsideratiun of the sum of
<br /> �( One Hundred Thirty Five Thousand & no/100 ($135,000.00)----------------- ,------ vOLLARS 1
<br /> � }� in hnnd pnid,do hereby SELL and CONVEY unto Commercial National Bank & Trust Co:, Grand Island,I N�.
<br /> �; Trustee of the Plaza Profit Sharing.Plan, the Orthopedic Associates of Grand Isiand, P.C.
<br /> �; Profit Sharing Plan and the Commercial National Hank 6 Trust Cp. Profit Sharin Plan,wh�c� i
<br /> Plans shall each have a 1/3 interest in the within mortgage (�,3ortqegee
<br /> �� of GYSnd Island� Hall County,and Stnte o[ Nebraska lhe following described premises
<br /> �� aituoted in �Hdll � � � �County,nnd State ot Nebi'dskd to•wif: � �
<br /> '! The South Half of the Northwest Quarter (S§NW;i) of Section Twelve (12)
<br /> iy Township Ten (10) North, Range Twelve (12) West of the 6th P.M., excepting I -
<br /> i� an approximate one acre tract which is described and conveyed in that I
<br /> jj certain deed recorded in the records of the Register of Deeds of Hall County, � '
<br /> �) Nebraska in Book 167, Page 505; and I
<br /> , : �i The East Half of the Southeast Quarter (E�SEk) of Section Five (5), Township � �
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<br /> Ten (10) North, Range Eleven (11) West of the 6th P.M., all in Hall County, � '
<br /> ' Nebraska.
<br /> i In the event the title to said real estate is transferred, or contracted to be
<br /> � transferred, from the undersigned for any reason or by any method whatsoever, the
<br /> � ' entire principal sum and accrued interest shall at once become due and payable at �
<br /> j i the election of the holder hereof.
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<br /> The intenhon txmg lo cunvey hereby un nbsolule title in fee aimple including all the ri;;hte ot homestead and dowee
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<br /> � TO HAVE AND'CO HOLD lhe premises above described, with all the appurlennnces thercunlo belonging unto !he I . � . �
<br /> said mortgagec nnd lo its heirs nnd:usigns,(urever, provided alwnys, and ihese presents nre upon the expresa� .� �
<br /> � rnndition thut it the aforesaid mortqngorg , their heirs, exewtors, administrators or assigns shall pny or cause to be( �. � � .
<br /> ' paid to the said mod,agee . its heifs.executors,ndministratnrs or assibms,the sum of One HundL'ed Thirty �
<br /> �� - - - - - - - - - - - - - - - - - - �
<br /> e Five Thousand and no/100 - - Dollars,pnynble as follows,to-wrt � ,
<br /> an� nogYoo a seven hundred fiftyDollars on the 6th `�°y°� April ' 19 77 antl �;
<br /> ` Six thousand seven hundred fiftyDollnrs on the de�y of , 19 � �:
<br /> i and no/100 - - - - - - - - - - Dollars a+-tl,e semi-annu�r7,�3yf thereafter until the tot,aib I
<br /> ii sum of One Hundred Thirty-five nO '����5 thousand `�°y°f has been paid � 1� 1
<br /> � Doflars on fhe daY o[ , 19 I �
<br /> t with interest thereon aKxx Hr574$paynhle semi annualty all nccording to the tenor und etiect of 1 . .
<br /> a certnin promissury note o[said KeRneth L. Layher and Harland L. Layher I ,
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<br /> - � beuring even date with thesc prescnls,and shull pay alt tnzes und assessments levied upon said real estale,nnd all other tnzes, M .
<br /> - levies und assessments levied upon this mortgage or the note which this mortgage is given to secum,betore the sume bernmes i �
<br /> � delinyuent,and kirp tLe baildings on aaid premises insured fur the sum of$ loss, if any, payn6le to �! . '�
<br /> lhe said mortgugee, lhen these presents to be void, olherwise to be und remnin in full forcc. ,
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<br /> IT IS FURTHER AGRLGD (I) 'fhnt i(the_=aid mortgngor shall fail to pay such ta:es or procure euch insurnnce,the I G
<br /> 5 ' said mortgagee may pay such lazes and procure such insurence;and the sum so advanced,wilh intemst at 11 per cent� '
<br /> shali be paid by u�id mortgugor,and lhis mortguge shalt sland ns aecurity(or the same. (2)That a failure W pay any o[su�d
<br /> � money,cilher principal or interest when lhe same becomes due,or u(ailum lo comply wilh uny of lhe(oregoing agreements, i .
<br /> � shall cause lhe whole sum o[money herein secured to become due and cotlectible at once nt the option ot the mortgagee. �
<br /> � ; � Sign��ci this 30th dny oE September , 1g 7� .
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<br /> � ��z....�°� �.,....
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<br /> i� �! In presence o[ ..�,. .. ...��. .................._ I � .� �', �
<br /> � (Kepnekh L. bayh,e_,q) '
<br /> ' ' ', .../.�C...,6:ca..�.�!........��..zc�/�......... ..........................._ I -,
<br /> � '; (Harland L. Layher) � �
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<br /> � '. ;I Nebraska ............_.__, c<,une �c.....Hall • � '' i
<br />, . i, ; STATG OF........................................... 5' .......................................
<br /> IIe[ore me,�.n nutnl��lu�lic qualified for euid counly, perxonnlly cnme � �� �
<br /> �o��oM`PpSPR� Kenneth L. Layher & Harland L. Layher i
<br /> known lo �a�(t{be 6�j�6n�jcni penon or persons who signed the foregoing instrument and acknowledgcd ihe execulion �
<br /> . � �. ttip[eof to�h4v,be�nF� E�r vulunlary act and deed. �
<br /> F-'! ' S� „''.`9�
<br /> ' � k�:',W�tnesa pcy��µd�hnd notariul acal��....... ..Septemh.er....3A...........................19...�6 , .
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<br /> , hfv.',�'�ssion espiies:........'� -_i :� ]9�J... .�:--�::r.l.+.-�?'.�.��r.r.:...��.�� .`_:�:s...... ....NotarY Pub]ic.� . ..,�
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<br /> � ��� i STA'PE OF.................._....._......................_...................� �ntemd on numeripl index and filed for rernrd� '' ;: .� N ,.":- .
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<br /> �' in the Regi�ter of Deeds Office o[said County the i
<br /> ` County ...................................................................._•--- ' C
<br /> `^ 1 . 19......._....at..............-................o'clock and..............................minutes---................T1 j , �' �`
<br /> ........................day of..._............................_........._.,
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<br /> and recorded in Book..........................................of..........._.._........_.............nf pnge........._.................................. �
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<br /> �'�; ......:...................................._....._..............................Reg. o[ Deeda� �� _" � .
<br />'7�"_ ,.; By........................._.................................................._...........Depuly� .
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