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<br /> �j 5'1--RBAL ESTATE MORTGAGF'r-(With Tax Clavss) 'ce�8aflsaa om�ra2 eavPl�noua, x.�nwla,NeDs. :i
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<br /> ) KNOW ALZ MEN BY THESE PRESENTS: That Richard L. Geist and Barbara Geist ��
<br /> 4 of ; H311 County, and Stats of l�Tebx'as7ca , in consideration of the sum of � �
<br /> � Forty thousand and no/100-----------------------($40,000.00)-DOLLARS �
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<br /> ' in hand pa4d,do heseby SELL and CONYEY unto Fi.ve PointS B8T1k, 2015 North Biroadwell, {
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<br /> Grand Island
<br /> of Iiall County,State of Nebras7ca the follouring described premises situated �i
<br /> ' i►t Hall County, and State of Nebras7ca to-wit,- ;�
<br /> ! � � A tract of land comprising a part of the NF}kSE'�SE Q of section �i
<br /> ,j t 23, Township 11 north, Range 10 West of the 6th P.M., Hal1 County, Nebr.
<br /> 1 j{ DescriHe@ as beginning a-t a poin�t on the east line of said section 23 ��
<br /> ' �i said point being 156_92 feet north of the southeast corner of said North �'
<br /> ? � east Quarter o£ the Southeast S2uarter of the Southeast Quarter; thence !�
<br /> �! continuinq northerly along the east line of said Section 23, a distance ��
<br /> � s' of 462.68 feet to a point on the southerly right oP way line of U. S. (;
<br /> t Highway 30; thence deflecting left 72� 14' 30�� and running northwesterly �":
<br /> ! along said highway right of way 1ine, a distance of 53.0 feet, thence �€
<br /> � � running southwesterZy along the arc of a curve whose radius is 2,789.79' i
<br /> and along the southeasterly right of way line of U. S. Highway 30 (the i�
<br /> i � `long chord of which deflects lef-t 86� 07' 45" from the last described �
<br /> � course and has a length of 495.2 feet) an arc distance of 495_7 f'eet
<br /> thence deflecting left o5� 05' 25" f rom said chord and running south- �j
<br /> ! easterly a distance of 8.4 feet, thence deflecting left 1030 57' 20�� ��
<br /> � and running easterly, a 8istance of 235.35 feet to the place of beginning ��
<br /> ; :and containing Z.613 acres, more or less i
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<br /> a } The ixtention being to convey heseby an absolute title in fee simple,including all the rights of homeslead a�a!dower. ,�
<br /> � � TO HA!/E AND TO HOLD the premises above destribed, zvith all the ap¢urtenances thereunto be[oraging, �
<br /> � � xstto the said mostgogee(s) and to his, her or their heirs and assigns forever,psovsded always, a�d these�resents are Ij
<br /> � upon the expresr coxdition that if the said rnortgagos(s), his her or their heirs, executoss, admi�►ist�ators or assign.r ��
<br /> shal!�ay or cause to be paid to the said mortgagee(s), hu, her or their heirs, executors, adminishators or assigns, tha i�
<br /> ¢rinc£pal si<m of$ 40,Ot�0.00 payabTe as foliows,eo wit: ��
<br /> Said principal and interest shall be payal�le in 120 installments of �'
<br /> . $506.71 commencing on the 10 day of February 1977 and continuing on the ��
<br /> ' 10 day of each month thereafter until the note is fully paid, except �'
<br /> � !� that the final payment of principal and interest i£ not sooner paid '!
<br /> � j s'hall be due and payable on the 10th day of January 1987. Delinquent 'i
<br /> � interest and principals after maturity shall draw interest at the '�
<br /> � � maximtun legal rate per axznum until fu11y paid. j�
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<br /> ,� �1 with snterast atcording to tke tenor and effect of !he sxortgagors urritten profni rory note bearittg even date xuith fhese ;I
<br /> t prsssasts and sha!!pay aJl taxes and assesssne�ls levied sspon said real estate,and aU other taxss, levies and ossesssnants {�
<br /> ' levied upon thu mortgagc or the xote which bhu »ioriyage is given fo aacure�fore the same bscomes delenqwnt, a�d
<br /> ' kse the buildi s on said ernises insused or the su»� o 'i
<br /> 'i P ++9 PT f f $ 40,000.00 1oss, sf any, payiable to the said
<br /> -p siw�tgnget, thtn these presents to be void, othermist to be aar.d�ernasn in fu11 fosce. ;i
<br /> �t� - IT IS FURTHER AGREED (z) That if'the said mostgagor sha!! fas! !o Qay such tares or ¢�ocure such in-
<br /> ;•_� suranes,tht said sswrlgagee may ¢ay suck taxes and psocwse such insumnce; and the sum so adva�ced, with interest #{ �
<br /> ; at 9 prr cent, shaU 5e repaid by said mortgagor, and lhis moregage shall staad as sseurity for the same. ;� �
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<br /> � ( ) Thot a ailxre to a an o said mo„ eithes nci al or ixterest,whex the same becomes dus,or a diluse to „
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<br /> eosxply witk any of the foregoing agresa►sents, shall cause tke whole sum of money hertin secused!o becosree due and `� s
<br /> �:, eol[ac0ibls at oncs a!the option of the mortgagee. :� � � 1
<br /> �u S i gned t h r s �/� �y of �cao.-.�+-- , ry 71. � ?''
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