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<br /> 78- U03113 REAL EST.?�,TE MORTGAGE
<br /> KNOW ALL MEN BY THESE PRESENTS that WESLEY D. JOHNSTON and
<br /> PEARL M. JOHNSTON, husband and wife,, hereina£ter referred to as
<br /> Mortgagors, in consideration oP the sum of Seventy-Five Thousand
<br /> � and No/100 Dollars ($75,000.00) in hand paid, do hereby sell and ` �
<br /> convey unto D_ DALE SKINNER, hereinafter referred to as Mortgagee, -
<br /> the following described premises situated in Hall County, Nebraslca:
<br /> The Southerly Thirty-Seven and Two-Tenths (37.2)
<br /> feet of the Northerly Seventy-Two (72) feet of
<br /> the Wesrerly Forty-Four (44_0) feet of Lot Five
<br /> (5), in Block Thirty-Two (32) , in the Original
<br /> Town, now City of Grand Island, Hall County,
<br /> Nebraska
<br /> an d
<br /> The Northerly Thirty-Four and Eight-Tenths (34.8)
<br /> feet of the Westerly Forty-Four (44) £eet oE Lot
<br /> Five (5), Bloc'k Thirty-Two (32), Original Town,
<br /> now City of Grand Island, Hall County, Nebraska_
<br /> TO HAVE AND TO HOLD the premises above described with all the
<br /> appurtenances thereunto belonging unto the said Mortgagee and to
<br /> his heirs or personal representatives, forever, provided always,
<br /> 1 and these presents are upon the express condition that if the afore-
<br /> said Mortgagors, their heirs or personal representatives, shall pay .
<br /> or cause to be paid to the said Mortgagee, his heirs or personal
<br /> representatives, the sum of Seventy-Five Thousand and No/100 Dollars
<br /> (575,000,00) with interest thereon, payable all according to the ten-
<br /> ure and e£fect of three Promissory Notes executed by WESLEY D. JOHN-
<br /> STON and PEARL M. JOHNSTON, husband and wi£e, and delivered to D.
<br /> DALE SKINNER on March 15, 1978, April 4, 1978 and May 12, 1978, and
<br /> shall pay all taxes and assessments levied upon said real estate,
<br /> and 'keep the buildings on said premises insured, then tkzese premises
<br /> to be void, otherwise to be and remain in full fiorce.
<br /> t
<br /> � It is further aqreed (1) That if the said Mortgagors shall
<br /> � fail to pay such taxes or procure such insurance, the said Mortgagee
<br /> � may pay such taxes and procure such insurance; and the sum so ad-
<br /> vanced with interest in accordance with the said Promissory Notes
<br /> �� shall be paid by said Mortgagors, and this Mortgage shall stand as
<br /> � security for the same. (2) That a failure to pay any of said money,
<br /> ; either prin�ipal or interest, when the same becomes due, or fail-
<br /> ure to comply with all of the foregoing agreements, shall cause
<br /> the whole sum of money herein secured to become due and collectible
<br /> at once at the option of the Mortgagee.
<br /> Signed this �_ day of May, 1978.
<br /> � . r'/�...� ..!� l� .�— . � �
<br /> wesleyr�. Jo�Yston
<br /> .i : . f pif,f/'!�,�// �/1:,,�-�i�r�,n�_� : .
<br /> �Pearl M. Jo ston
<br /> � � MORTGAGORS
<br /> �.- : .: i• .,
<br /> �
<br /> � ���'� �^� � a�T� OF�NEBRASKA'� )� ��
<br /> i � �rs a�� � ( SS:
<br /> "; � t� .�ar' �,C�UNTY� OF HAI.L ) � � �� �
<br /> � : �
<br /> �. � ,�: �. : p r,t thi��� dav o£ May, 1978, before me, the undersigned, , �
<br /> ,} � N�aty Puplic d�ly; commissioned and qualified for in said County,
<br /> " persoYially came Wes1�y D. Johnston and Pearl M. Johnston, husband-
<br /> '� '� •��' and wife, Jc-nown to�fie to be the identical persons who signed the < � t
<br /> , foregoing i�eal Estate Mortgage and acknowledged the execution � �
<br /> � thereof to be their voluntary act and deed. f ����� � '
<br /> � �;�
<br /> ����»•�n Wi.tness my hand anc} Notarial Seal in said County, the day and.
<br /> year last a �°'
<br /> ,a �� � - � k�n } �
<br /> tary Public
<br />;a � �Mli Oe�tiwiNlei�Ekdm � �
<br /> .. � � . �MAY�tE�;'1$79___ .
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