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52-A—REAL ESTATE MORTGAGE—(With Tax Clause) (Revlsed 1962) The Huffman General Supply House, Lincoln, Nebr. <br />KNOW ALL MEN BY THESE PRESENTS: That James G. Mitchell and Charl Ann Mitchall <br />Husband and Wife, each in his and her own right, and -as spouse of the other. <br />of Hall County, and State of Nebraska , in consideration of the sum of <br />TWENTY THOUSAND AND N0/100 -------=----------------------------------------- DOLLARS <br />in hand paid, do hereby SELL and CONVEY unto <br />. THE FIRST NATIONAL BANK OF GRAND ISLAND, GRAND ISLAND, NEBRASKA" <br />of HALL, County, State of NEBRASKA the following described premises situated <br />in HALL " County, and State of NEBRASKA , to -wit: <br />A TRACT OF LAND COMPRISING THE EASTERLY THIRTY—TWO (32).FEET OF LOT SEVEN (7), <br />AND THE WESTERLY THIRTY (30) FEET OF LOT EIGHT (8); BLOCK SEVENTEEN (17) in <br />CHARLES WASMER'S ADDITION TO GRAND ISLAND, AND PARTLY IN CHARLES WASMER'S <br />THIRD ADDITION TO GRAND ISLAND, HALL COUNTY, NEBRASKA <br />The intention being to convey hereby an absolute title in fee simple, including all the rights of homestead and dower. <br />TO HAVE AND TO HOLD the premises above described, with all the appurtenances thereunto belonging, unto the said <br />mortgagee(s) and to his, her or their heirs and assigns forever, provided always, and these presents are upon the express <br />condition that if the said mortgagor(s), his, her or their heirs, executors, administrators or assigns shall pay or cause to be <br />paid to the said mortgagee(s), his, her or their heirs, executors, administrators or assigns, the principal sum of $ <br />payable as follows, to wit: <br />PAYABLE 300 MONTHLY INSTALLMENTS OF ONE HUNDRED SIXTY-FOUR AND 43/100 DOLLARS <br />($164.43 COMMENCING APRIL 1, 1975 WITH FINAL PAYMENT DUE ON MARCH 1, 2000. <br />ALL PAYMENTSARE TO INCLUDE PRINCIPAL AND INTEREST TO DATE OF PAYMENT. <br />with interest according to the tenor and effect of the mortgagors written promissory note bearing even date with these presents <br />and shall pay all taxes and assessments levied upon said real estate, and all other taxes, levies and assessments levied upon this <br />mortgage or the note 'which this mortgage is given to secure, before the same becomes delinquent, and keep the buildings on <br />said premises insured for the sum of s 20,000.00 loss, if any, payable to the said mortgagee, then these presents <br />to be void, otherwise to be and remain in full force. <br />IT IS FURTi-fER AGREED (1) That if the said mortgagor shall fail. to pay such taxes or procure such insurance, the <br />said mortgagee may pay such taxes and procure such insurance; and the sum so advanced, with interest at 8 3/4 per <br />cent, shall be repaid by said mortgagor, and this mortgage shall stand as security for the same. (2) That•a failure to pay any <br />of said money, either principal or interest, when the same becomes due, or a failure to comply with any of the foregoing <br />agreements, shall cause the whole sum of money herein secured to become due and collectible at once at the option of the <br />mortgagee. <br />Signed this 4th day of MARCH 1975/ . <br />In presence of <br />STATE OF............ t " u! <br />Before me, a notary'' <br />and Charl Alii <br />known to me to be t �. <br />thereof to be his, her, <br />Witness my' hand <br />My commission'expires: <br />X.. !1a/� G✓es!�ii ....... ' .......... ..... <br />Charl -Ann Mitchell <br />r..... l �:� County of. ....HALL ........................................: <br />jualifi@cl, 'd county, personally came James G. Mitchell <br />he t �° <br />hp'ei o, ,lon. pe " ns who signed the foregoing instrument and acknowledged the execution <br />luhtal'y, act.aM1-1_Peed. <br />otary Public. <br />STATE OF:............ l Entered on numerical index and filed'for record <br />} ss. <br />County ............s_Z � ��::.................................... JJJ in the Register of Deeds Office of said *County the <br />.......... —� .....day of...... �p►�J................ 19..,..6...at......................... o'clock and .................. 7.4. .... minutes. ............ <br />..... .M., <br />and recorded in Book .....:........ 1.k.d.................. Of. 1�.`.L J J s-�..at page ............A.�.(.................. <br />Re . . f Deed <br />. <br />. <br />. <br />. <br />. <br />...... g o s <br />• , . <br />' By.. .....................Deputy <br />