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<br /> � ��52-A—REAL ESTATE MORTGAGE—(With Tax Clauee) (Revlud 1962) 7ae HuHa,en Can.e.!euppty Houee,Lincoln,ISabr. F� �
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<br /> KNOW ALL MEN BY THESE PRE3ENTS: That �rald H. Shultz and Mary Jane Shultz, Husband i
<br /> and W3fe, each indiyidually in his and her own right and as spouse of the other, �''
<br /> � ;• -�.� ��of� ���. � H811. CouniY.�Sfate of Nebraska �.in eoasidcration of the sum of � ; '�: ' ��� �� t„
<br /> � TWENTY-FLVE TIiOUSAND AND NO/100-----------------------------------------------
<br /> DOLLAR$ "^
<br /> ,� in hand peid,do hereby SELL and CONVEY unto The First PTational Bank of Grand Island,
<br /> ' a �. ..of . . . H811 ��ty. State of NebtaSka the following described ptemises aituated i
<br /> � Hall County, and State of Nebraska ,to-wit: � �+
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<br /> : t Lot Sixteen (16), R & B Subdivision, Hal1 County, Nebraska f� ,
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<br /> � The intention being to convey hereby an absolute tiNe in [ee simple, including all the righta of taomestead and dower. °
<br /> �TO HAVE AND TO HOLD the remises atwve described, with all the a �� r
<br /> : f P PPurtenances thereunto belonging,unW the seid �, 4 �S�
<br /> � mortgagee(s) nnd to his, her or their heirs and assigns torever, provided always, and fhese presenfs are upon the ezpress � �ry
<br /> !:�� condition that if the said mortgagor(s),his, her or their heirs, executors, administrators or assigns shall pay or cause to be � �t�''>'
<br /> � � i paid to the said mortgagee(s),his, her nr their heire,executors, adtninistrators or assigns,the principal sum of 5 25�000.00 Z �`-
<br /> . .j� � payable as tollows.to wit: ` .�.
<br /> $ � �� a�
<br /> � $25,000.00, principal payment, plus accrued interest, on October I6, 1978 � r:�, "�
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<br /> � � with interest according to the tenor and effect of the mortgagors written promissory note bearing even date with these presenis
<br /> . and shall pay ell taxes and assessments levied�upon said real estate,and all other taxes,leviea and assesamenta levied upon this
<br /> ,� ��mortgage or the note'which this mortgage is given to secure, before the seme becomes delinquent,and keep the buildings on
<br /> , � � said premises insared for the sum ot$ 25 000.00 , loes,if any,payable to the said mortgagee, then these presente , ��
<br /> �to be void,otherwise to be and remain in fuil force. � i 1
<br /> IT IS FURTHER AGREED (1) That if the naid mort a or ahall tail to � '
<br /> � g g pay such taxes or procure such insurance, the ,
<br /> � said mortgagee may pay such taxes and procure auch insurance: and the yum so advanced, with intereat at 11% per � �
<br /> ( �cent,shall be repaid by said mortgagor,and this mortgage shall atand as security for the eame. (2) That a failure to�pay any � `�
<br /> '`.; of�eaid money, either principal or intereet, when the same bacomee due, or a failure to comply with any of the foregoing
<br /> j �agreements, sliall cause the whole sum of money herein secured to become due and coilectible at once at the optioa of ffie ��
<br /> � mortgegee. �j
<br /> � ; Si�ed thisl9th day of April , 19 78. �
<br /> �-� . In presence of -!."...$�r�E,/•`��c.=;;s's<.5.....�"�...... ...... . . . .. . ..... ... .
<br /> .� '�,��� G.. .. d"Ti'. SIiultz' �
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<br /> � t , Jane Shultz
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<br /> y �F,QqU Nebraska •-.-•---. Coun of.----.... Hall . �
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<br /> � '��. ¢�f{d gi*}�,�'��•Z public quali&ed for said rnunty, peraonally came Gerald H. Shultz and Mary Jane Shu
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<br /> �p �peraon or persons who signed the foregoing instrument and acknowledged the ezecution f
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<br /> � Nh�� eir voluntary act.and deed.� j
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<br /> �;�GV�ess s�4iabd,. notarial seal oa ......../1Rr3]... .._. . . _,1 ��,,,,,,
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<br /> � � � ,;•-'._�a�.��l.t ....__..., 19f�d.... '�� �.5�.:�2�Notary Public. � � ,. i;
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<br /> '�^�'�:' R� =-- ._ � �. �� l�� . � � . . . Entered on numerical indez and filed for record I - � 'r.�
<br /> , ���� Cbaah' ,: ..__.._. �� �� � f . � � � in the Regietez�of Deede Office of aeid County.ihe � *�'
<br /> . .:._:... ._,..._....dqy oL....: .._.._... .•-•-.:W...__.. 19......._..., at..... . ..___....___.o'clock ancl.......-_-•••-.............minutes .......---•-�•-----._M., �"
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