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<br />° {�'. 52%2—SECOND REAL E5TATE IAORTGAGE—Wilh Tax Clause� 1�Le uuftn,nn G�ne.+1 � t Ii.c,o,Lmrotn.!..�r. � � . �
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<br /> �� � KNOW ALL MEN BY TH�SE PRES�NTS: � � �` � � � �
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<br /> )i THAT 1 ar IVE, John L. Sullivan and Deborah Sullivan, Husband and Wife (
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<br /> , o� Hall Coiuily and Sfate oj Nebraska ,i»ronridrralioa o�the sion oj
<br /> • �j Seventy-Five Thousand and No/100 ($75,00�.00)----------------------------------pOLL�iRS� ':,'��
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<br /> �� ir�hand paid,do hereLy SELL m�d COA�T/F_I'mito Commercial National Bank & Trust Co., Grand Islan�d,'I
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<br /> ;� o� Hall Cmu�tp,nnd Stare of Nebraska ,����•j��(ua�inq desrri'vrd prcmiset
<br /> �� siRtatcd ii� Hall Cn;intN, a�ul Statc of Nebraska tn-;cit: �;
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<br /> i, Lot Eight (B) in Hidden Lakes Subdivision Number 7tao, being a part of the Southeast � ��
<br /> �j Quarter of the Northeast Quarter (SE�aNEk) and a part of the North Half of the � j
<br /> Northeast Quarter of the Southeast Quarter (N4NE4SEk) of Section Thirteen (13),
<br /> "� Township Eleven (11) North, Range Nine (9), West of the 6th P.i4., in Ha11 County, '
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<br /> 7'he intention bring to rorrvey Grreby nn afisolidc tilfe irc jre sit�cf�le ir,ch�dir,�afi tlit riylUs af ha�iicslend nnti dower.� ��
<br /> I TO HA!/E AA`D TO HOLD thr prcmiscs aLovc described,.ctith all tlrc arparteimrues fheretnito hrlongin� nnta
<br /> ' the said v��ortgagce or v:o�t,qa�ces oad to Gis,licr or thcir lteirs a»�assi��at,forever,rrozidcd al2c�ays,and thzse pres � i':
<br /> � tnts arc upon the exQress condifion tkat if!he sard utortgegor or niortgagars,his,lter or tJeeir heirr, e.renitors,adv+in
<br /> r.tNators or assiyns shal!pay or cmuc to br raid to tkr sairf mortncncc or ir�nrtgagccs anJ to his,h�r or tlicin c�irs, ex � �:
<br /> i ea�tors,adtni��istrotors or assig�is,thc srun of Seventy-Five Thousand and No/100 (575,000.00)-------- � '
<br /> :� ` ;.! -Dolfnrs,ru,•�,Uiz as follo;cs, to-zeit: !'
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<br /> ':; Principal, olus interest, due 11-1-76.
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<br /> euiUi vitcrr•st thcreon at 10.5p�r c�nt per anmari, pu��aGlc arnumlly,atrordi�iy to tl�c le:ior mid e('jcct af I '
<br /> flte prmi7issory notc.ritlt.irdcrest coi�pons attadtcd of said Alortga�ors, bcariny c�en date ztith fhese prrs-I '
<br /> ents,a��d sha!!pay all ta.rrs mrd mtiy interest on,or u�ah�nn� iustalbn�nts oJ f�rirtcipal, dv, ai ar�}' ;rior ino�lyage and� ;
<br /> assess�ncnts levicd v�o>i said real rstute and all otA��r taxrs, Iezacs and assessuients lethed �iron tliis oaorfgagt or dir j j
<br /> note which this mortgage is gi�e» to aersire, Gcfore !he smne Grco»tea dclinyuc�tt a»d krep tliu buildinys on said
<br /> yremises insureJ(or the su»�$75,000.0,0[oss,i(an4,payaGtc fo s�ak firsf rnorfganecs or diis niortyuy�e, ar Gu11�,i :
<br /> lhrn these ¢resents Le voiJ, ol6er.casc fo be anJ reruain in f;�!!forcc. �
<br /> IT IS FUR7'HER.�1GREED (i) T/�ut iJ thc said »�ortyaoor shul!fail to pap sndi taxrs and sud� intrrest o��,I
<br /> or mah�nng ir�slnfbxc�ds o/principal,dac ori miy�rior-lno�t�aye or:d pronire sucl: i>:snruncc, lhcn t/ds morlgngcc�nay i '
<br /> �i J�ay strch to.res ariJ snclt inferest an,ar mnhui>tg irtstullrneats o/ prinripul, due an st�cli prior wcrtgage aud /�rocure�
<br /> such it�susanrz;mtd thr s�un so vdvanred uhtlt intcrc•sf r.t ninr per cent sltafl bc puid L•;said ir.nrfgugur,and fl�is tnort-I
<br /> j gage shall sta»d ar srn�rify/or U:c suu;c. {z) That u failurc to j�a��aut'o(said namirt•,�it6cr principal or intcrat on I ;
<br /> ; this or nny prior mortyagc,when fhc sumc becomes duc ar a/aiLarc to romrl��aith axy o/!Fe forryoing agrccwcrzts
<br /> �i shall tatue tJte :ulmle sam of fnonty herein sccured ta Lecarie dne anJ cuJlcctable at once a! Uie optiori o/fhe neort �
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<br /> ; IT IS FURTHER AGREED Tliat said rnor�ga9cc, /�cnding foralosio�c of li:is v�:ortgaqc mtd affcr dcncc and I '
<br /> '� rndin s!a thrrcori or o eal fhcre roua and rndin sale o rcmises snmf a cd, v�ny cti <udt �n.res m�d nmturirt }'
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<br /> j: interest or onah�rin� irutalln:ents oJ p.;»cipai, o» /�rror Ul0/t(jUlfPSr pron�rr suda iusur�u:re mrd s«cl� su�i�s sltal! Le
<br /> " addcd to Uir ar»oiv�t Juc on Jarcc m�d :�yon co�ifir�rmfion o(salc hy t6c roart ordcred Inkrn out n/rrocrcds uf salc;, ' ev
<br /> �' or if redecn�ed durir�g sfap, a�pcul or selc, siicJ� a�nowits shall Lc coRected t17C SQ1ItC CS IIIDIfQII tI trere o rart vi snch I >
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<br /> Sigricd fhis lst da�� of October . 19 76. � ^ ;
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<br />� � ;-Sohn :'Sul i;an�� � '
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<br /> Deborah Sullivan
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