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<br /> tj 53-A-REAL ESTATE MORTGAGE-With Tax Claux (Revised 1962) TLc HuBm.n Gmerat Suyply Houes,Lincwn.Nabr. j:. � � �
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<br /> � KNOW ALL MEN BY THESE PRESEN'PS: THAT Willi3ri7 R. and Rita J. Rutsay, husband Srid �
<br /> wife, as joint tenants with right of survivorship, each in his own rights and as spo��se �;
<br /> of tIze other � � � �N1o�agor � � � ' ��
<br />� . ot . �ail� . � County,and State of Nebraska ,in caneideration of the aum of �;� ' `_
<br /> _DOLLARS j! �'i � � ,��
<br /> EigIaty Thousand and no/100 -----------------------____________________ -
<br /> in hana peid,do hereby SELL and CONVEY unto Commercial Nationai Bank & Trust Co., Grand �;
<br /> I�land, Nebraska
<br /> � �. . � � � (Mortgagee ) . t�.
<br /> ot Hall County,and State ot Nebraska the following described premieea 1'
<br /> i si�uatea ;n Hall councy,and searx or Nebraska �-W��= Lot Four (4), �
<br /> �< Block Four (4) in Norrnandy Estates, an addition to the City of Grand Island, Hall, i
<br /> ;� County, Nebraska, and Lot Five (5) in Farmington Subdivision to the City of Grand I,I
<br /> '{� Island, Nebraska. ;;
<br /> ij In the event the title to said real estate is transferred, or contracted to be transferre ;:
<br /> �! from the uadersaid for aay reason or by any method whatsoever, the entire principal �
<br /> f sum and accrued intere�t shall at once become due and payable at the holder hereof.
<br /> �� Failure to exercise this oprtion because of transfer of title as above stated in one ,�
<br /> }� instance shall not constitute a waiver oF the right to exercise the same in the event of ,, ;
<br /> any subsequent transfer. .y .�
<br /> �j j
<br /> ?� ' ql
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<br /> Tbe int�ntion bein�to convey hereby an absolute title in fee simple including all the righis of homeetead and dower. t `
<br /> �� TO HAVE AND TO HOLD the premises above deacribed, with all the nppurtenances thereunto belonguig unto the r �'
<br /> 6
<br /> �I said mort;a6� � � LtS hcira and assiqns, forever, provided ulweys, and theae preaents are upoa the ezpresa
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<br />� ��� condition that if the aforesaid murtg¢gor , thglr heirs, executore, administrature or assigns shall pay or cauae to bp i
<br /> 1� paid to the seid mott�agee , LtS heirs, executors, administraWra or assigns,the sum of E ighty Thou saad
<br /> �i and rso/100 ----------------------------------------------nou8ra,Payable aa followe.w-w;t: , `
<br /> �l Eighty Thousand and RO�ZOO---�Dollarson the 22nd aay ot August , is 7g � k
<br /> � Dollars on the day o[ , 19 i •;
<br /> #� � � � Dollara un the day of , 19 � r
<br /> {{y,,� � Dollars on the day of , 19 f
<br /> . j� Dollars on the day of , 19
<br /> with int�zeet thereon at per cent per annum, payable 8�22�7$ 3�j[ail according to the tenor md e8ect of �
<br /> ���� r certain Dromiseory note of aaid William R. and Rita J. Rutsay � .
<br /> � � betring even date with these preseats, nnd ehall pay all taxes and asseasmenta levied upon said real estate,and all other tazee, !.
<br /> leviea aad meeesmente levied upon thia mortgage or the note which this mortgege is given to aecure, before the same becomes j
<br /> �� �delinquent,and keep the bvildings on eaid premises inaured for the sum ot$ n/g loas, if any, payable to �
<br /> the seid mortgagee, then these preaents to be void, otherwise to be and remain in full force. �
<br /> � �' IT I3 FURTHER AGREED (1) That i[ the said mortgagor shail fail to pay such tazes or proc�tre such ineurance, the � ���
<br /> eaid mortgagee may pey such tazes and procure such insurance;and the aum eo advanced, with intereat at per cent �
<br /> ��� ahall 6e paid�by aaid mortgagor, and thia mortgage ehall etand as security for the same. (2) That a failure to pay any of eaid ' �
<br /> �� money, either principal or interest when the same becomee due, or a failure to comply with any of the totegoiag agreementa, ' ��
<br /> � shall puse the whole aumi of money here� cured to become due and collectible at once at the option of the moNgagee.
<br /> i Sien�d thie �_jw� day of ��`'-� . 19 7fr, . /�/} {
<br /> 4 . � `ti._J �/,, ��I /L. .
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<br /> � . . �i / In prece ce o ..... ViI.L�iL!�-..................."-..... .....-"""'--"--....._...--'--......"'- ( �:..
<br /> �� ' +t William R. Rutsay
<br /> � .: ....:. .. ... ...... - - ...__.........--------.._..._.._�..._.........---•---•----- '
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<br /> � �-��d. ---__ i
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<br /> STATE OF---..��'a.��.�_...--�----------------`-...:.:✓County of. �r��l.. �,
<br /> Before me,a notary public y�ised for eaia counry, pereonally came V�illiam R. Rutsay and Rita J.
<br /> f. Rutsay ;
<br /> �} ,,Imowa.to me to be the iden pereo+8e4iypgr,�qnatiX�io aigned the foregoing instrument and aclmowledged the ezecutioa �
<br /> � .thereoE.to be 1�is.�.her or the' lunta���d�AR1' ' �,..
<br /> � ' w,e+��y�a �a� -' ��sunrg..,o�'�a7�r�r.y...23.-•---. .. .. ........ s..---..'Z_8.
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<br /> `My`oomm��eion ezp�rne:. _,.. . :.:....-�nmm..z2,a,�i°..�_._ ..._.,.� . _ �,ix..+4:e4-�.:5�-<e.....•_-----.--Notary Public
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<br /> �1 � M,^ ,� �.
<br /> STATE�.OF � �� _...._...._...., � ..._... Entered on nssmerical inde: and filed for recoxd (� , � - � � i.
<br /> >:,�. . �.� _... « " .::
<br /> ' Caun,ty�.�_....__..�...._ »_..__..._..._�.__.... � .........}� in the Regieter of Deede Office of eaid CountS the ii . � � � � ���
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<br /> ��" .. .� � dRy of.__.......__�.._. � _� 18.••__......, at................ ...........o clock and....._---�--_.........___.minutes.............. ..M_. '' , . �.'g .,F .��„
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<br /> : .a� recorded�in Book...____...._..�..M.._�____.ot....._.__...._.__.._._...-•--.at page--------•-•----• " •..:" . .
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<br /> .. � � � . _..__....""..._...""""'".....'""'"_""".._'""......__......._....'""Re6. O[ DeedB � . .
<br /> , .. .. . .. BY............._....--•-----........_...---........-----_.....-------- --.......Deputy
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