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<br /> � 53-A—REAL ESTATE MORTGAGE—Wkh Tax Clause (Revined�962) T6e Huaman Gene:sl Supply Hauee,I.iacom,Nebc . � .�
<br /> �� KNOW ALL MEN BY THESE PRESENTS: THAT RObt.rt L. Sorgenfrei 8Ad K3y L. Sorgenfr i;, -
<br /> I� s/Is/a Luella K. Sorgenfrei, husband and wife, each in his and her own righ ;
<br /> !, and as spouse of the other `
<br /> �i � (IVSortgagor S) ,� �
<br /> j! ot Hall County,and 3tate of NEbTHSk3 ,in consideration of the sum of
<br /> (� Twenty thousand and no/100------ -------- nor.i,wxs ' �
<br /> ;� in hand paid,do hereby SELL and CONVEY unto ;
<br /> s Commercial National Bank & Trust Company r
<br /> � �� (Mortgagee ) . . . . .
<br /> � or Hall councy, and State or Nebraska • che fanoWing aescr;bea Premiees
<br /> f, situated in Hall County, and State of Nebraska to-wit: � . . , .. . .
<br /> � Lot Twenty Six (26) , Kentish Hills Subdivision, located in the ��
<br /> South Half of the Northwest Quarter of the Southwest Quarter
<br /> (S',NW�SW�) of Section Twenty Five (25) , Township Eleven (11) North,
<br /> �j� Range Ten (10) West of the 6th P.M., Hall County, Nebraska
<br /> In the event the title to said real estate is transferred, or contracted
<br /> I to be transferred, £rom the undersigned for any reason or by any method
<br /> ;! whatsoever, the entire principal sum and accrued interest shall at once
<br /> become due and payable at the election of the holder hereof. Failure to
<br /> exercise this option because of transfer of title as above stated in one
<br /> instance shall not constitute a waiver of the right to exercise the same
<br /> in the event of any subsequent transfer.
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<br /> The intention being to convey hereby an absolute title in fee simple including all the righis of homeatead and dower. � .
<br /> TO HAVE AND TO HOLD the premises above described, with all the appurtenances thereunto belonging unto the � �
<br /> said mortgagee and to 1tS heirs and assigns, forever, provided always, and these presents are upon the ezpreae � � �
<br /> � � condition that if the aforesaid mortgagor s theirhei,s, executors, administrators or assigns ahall pay or cause to be � . � � .
<br /> paid to the axid mort,egee . 1t5 heiry, executors, administrators or assigns,the sum of � � �
<br /> �' Twenty Thousand a d� ;
<br /> ' NO/100 -----($20�000.00)---------------------------- Dollars,PaYable as followa,to-wit: " `
<br /> �; enty Thousand & NO�lOO----Dollarson cne lOtki aey�f July , 1s78 ;
<br /> iy Dollarx on the day of , 19 ii �
<br /> "i Dollara on the day of , lg �� ' �
<br />� �' Dollars on the duy oF , ig r � � . �
<br />� �i Dollars on the day of , lg � � �
<br /> !; with interest thereon at per cent per annum, payable � � � .
<br />. 7�10�78 annually all accozding to the tenor and eHect of ,� .
<br /> ;� a certain Dromieeory note of said RObeYt L_ Sorgenfrei and Kay L. Sorgenfrei, s/k/a Luell K.
<br /> I� rgent rei, husband and wife, each in his and her own right and as spouse �!
<br /> �F �s�ring e�n r'd�te with these preaents, and shall pay all taxes and assessments levied upon said real eetate,and all other taxes, ;i . � � .
<br /> �' leviea end eaeeeements levied upon this mortgage or the note which this mortgage is given to aecure,before the same becomee � �
<br /> f( delinquent,and keep the buildings on naid premises insured for the aum of$ loas, if any, payable to �� � . � � �
<br />� '� the ssid mortgagee, then these presents to be void, otherwiae to be end remain in fuil fozce. - � . - �
<br /> �� IT IS FURTHER AGREED (1) That if the said mortgagor shatl fail to pay euch taxes or procure such insurance, the � . �
<br /> said mortgagee may pay such taxes and procure such insurance; and the eum eo advanced, with interest at per cent . �� - -
<br /> ehall be paid by said mortgagor, and this mortgage shall stand ea security(or tfie same. (2) That a failure to pay any of eaid � � �
<br /> �� money,either principal or interest when the same becomes due,or a failure to rnmply with any of the foregoiag agreements, � - ��� . .
<br /> �� ahaU cause the whote sum of money herein secured to become due and rnllectible at once at the option of the mortgagee. � . � �
<br /> signed thia llth aay of ,'
<br /> �; January , 78 .
<br /> " " In sence of -:. �.'L �' •' 9-_= / -........ ' . .
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<br /> + ; o e�..T.;��S�org�'n rei C.i�--.
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<br /> � 3TAT'E OF..._..---.......�4��d.S.�S�-----.._._........ County of........._--.Elala.l.........---------'--"--'° V
<br /> �i Setore me, a notary public Quatisea to:aaia councy, personallycame Robert L. Sorgenfrei and Kay �.:
<br /> �, pSoWrng=�1� ei, /k/a LuelglaK{ t�oQr�qei-ny�f2r�ei, husband and wife, each in his and �er
<br /> } . Imowa W��tto�e�e Sden��upereaori�Sr•p�'�E�na wh6�bigEed the foregoing inetrument and acimowledged the ezecvtion �� � -
<br /> �{ �thereof to be his.her or their���i J�iN and deed. . � � ;���
<br /> ( � WNeee my hand and n�4t�P�@�T4k�RY�----....JanuarY...l.l........ ...... ...... 1s....78... �
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<br /> i �.MY commu�ion e=Pueee.__._ aa� .... --•-----•. 19.._..----- -•--- � - • --..... .71.rc.l...................-.Notary Public. ;i . ,;,. ��;�.
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<br /> .BTATE OF ._---_...................._.......---..._.. Entered on numerical indez and filed for record ' ,'�
<br /> .. �CountY. - •...----•._._._.....__.........--••-_-................_..-••-•}m. in the Register of Deedn O�ce of said County the �: � '� /
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