|
F
<br />Uyg— iECOND REAL ESTATE MORTGAGE --With Tax Ctamn The Hnllman oeuml Supply ffaau, Lincoln. Nebr.
<br />KNOW ALL MEW BY TME gRESEIM: gg.= 10477
<br />THAT I or ivE, KENNETH C. THOFIPSON and KATHRYN L. THORPSON, Husband and Wi fe
<br />of Hall Coutltyand State of Nebraska , in consideration of the suns of
<br />THREE THOUSAND FIVE HUNDRED AND NO /100THS DOLLARS ------------------ ($3,500.00) DOLLARS
<br />rf
<br />is hand paid, do hereby SELL and CONVEY +rxto
<br />ARTHUR L. SUCHHbLZ and MELVA GENE D. BUCHHOLZ, Husband and Wife ( mortgagss),
<br />Of Hall County, and State of Nebraska , the following described premises
<br />situated in Hall County, and State of Nebraska to -wit:
<br />Lot Twelve (12), Block One (1), in Jack Voss
<br />Second Subdivision , in the City of Grand Island, Hall County, Nebraska
<br />,1.
<br />:a
<br />ii
<br />llr
<br />:r
<br />1:
<br />;i
<br />also known as 4301 Michigan Avenue
<br />Grand Island, NE.
<br />I; The intern ion being to convey hereby an absolute title in fee airs.le including. all the rights of homestead and dower.
<br />a
<br />TO lYAVE AND TO HOLD the premises above descri.IcJ with all the appurtenances thereunto belonging unto
<br />-the said' mortgagee or mortgagees and to his, her or their heirs cffd.,a signs, fos;cver, provided alurays, and these pres-
<br />mts are upon the express condition that if the v;id mortgagor or - .7.,rijagors, his, her or their heirs, executors, admin-
<br />�� fw rators or assigns shall pay or cause to be ps;U to the said martge2fei or mortgagees and to his, her or their. heirs, ex-
<br />administrators or assigns, the sum of
<br />111j.REE THOUSAND FIVE HUNDRED AND No/100�P;$ - - - - - -- ($3,500.00) Dollars, payable as follows, to wit:
<br />�( (Monthly pa^. -Ilts of principal and interest itr, tte amount of $74.36, due the 1st
<br />,day of each month, beginning March 1, 19139 alid =ntinuing until principal balance
<br />plus accrued interest is paid in full. .
<br />There viill be no prepays_ lit penalty.
<br />A
<br />j. r4 i
<br />with interest thereon at 10 per cent per ivrv>n; pa;u.'ale monthly a>nM#? , according to the Imor and effect of
<br />the promiuvoiy note with intere•so osupons attathed cf said Mortgagors, bearing even date with these pwj- J
<br />tats, and shall pay of fa ;:es axd any interest on, or maturing c+n:tal'lntents of principal, due on any prior mortgage ,ar�,d'
<br />assessments levicd 'up.x said ire,, estate and all other toes, levies and assessments levied upon this mortgage or the
<br />i note which this ru:Ortgage is given to secure, before 1&r came becomes delinquent and keep the buildings on said
<br />0 premises insured foy the suns $87 , 0 0 0. OU luxf-, if any: :able to such first mortgagees or this mortgagee, or L „01,
<br />then there presenov Pe void, otherwise to au wrd rctu r'.r tjece.
<br />IT IS FURTHER AGREED (t) Tnui if the Y4:0 mortgagor shalt fail to pay such taxes and surht interest on
<br />L
<br />or muttering instaKtnents of principal, due on any prls7 Mortgage and procure such insurance, then this rz.:.rtgagee may
<br />pay such taxes avid such interest on, or maturing insa'::ments of principal, date on such prior morig,:3c seal procure
<br />such insurance ;; axi: the suns so advanced .t.:u( -i� :ar.':r:rest at nine per cent shall be paid by said mortgagor, and this suit,
<br />gage shall stand 'ice• ..rcurity for the same. ', a failure to pay any of said stoney, either principal or in.cpeii.T on.
<br />this or any prior tnoYtgaye, when the same or a failure to comply with any of the foregoing agreemm"s,
<br />shall cause the whale suns of . •,money herein set:urc.; t;v •,3ecovte due and collectable at once at she option of the snort -
<br />gagee.
<br />IT IS FURTHER AGREED That 'a '�rf.. ,z •:;;, pending foreclosure of this mortgage and after decrcrti oatd
<br />pending stay thereon or appeal therefrom Nisi pend!%! =�� of premises mortgaged, bray pay such taxes and marring
<br />interest or maturing installments of prinr.;rzl oil mortgages, procure Stich insurance and such sunis shall be
<br />added to the amount due on decree and upon confiratutrsn of safe by the court ordered taken oiet of proceeds of sale;
<br />or if redeemed during stay, appeal or sale, such anto:crls shall be collected the same its though it there a part of Stich
<br />decree.
<br />Signed this ll{' day of , 19 `(,r•j
<br />f rin Presence of ' 1
<br />...
<br />i'
<br />r
<br />r
<br />i?
<br />if
<br />1'
<br />1�
<br />i{
<br />I:
<br />'i
<br />r
<br />i
<br />r�
<br />i`
<br />r;
<br />1.
<br />'r
<br />ti.
<br /><f
<br />r
<br />r
<br />f'
<br />ri
<br />,
<br />
|