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52-A—REAL ESTATE MORTGAGE—(With Tax Clause) (Revised 1962)_; The Huffman General Supply House, Lincoln'Nchr.�l_"
<br />'KNOW ALL MEN: BY THESE PRESENTS: That. Igle Flebbe and Jeanette Flebbe, his wife-
<br />of-Route
<br />ife of Route 3, Box 21, Grand Island, Nebraska 68801• f
<br />of Hall County, and State of Nebraska , in consideration of, the sum of
<br />Sixteen Thousand Nine Hundred Twenty -Two and N01100 - -- --------�--- DOLLARS
<br />in hand paid, do hereby SELL and CONVEY unto MILERS HOMES, INC. OF NEBRASKA I
<br />4500 Lyndale Avenue North, 1•linneapolis, 'Minnesota 55412 I'
<br />of Lancaster County, State of Nebraska the following described premises situated
<br />j in Hall County, and State of Nebraska to -wit:
<br />r
<br />I The Westerly Fifty Four and Thirty Seven Hundreds (54.37). feet of Lot Nine (9) and
<br />the Easterly Fifty Four and Seventy Six Hundredths (54.76) feet of Lot Ten (10) in
<br />Dean's Subdivision in the SEa of Section 3, Township 11 North; Range 9 Ldest of the
<br />6th P .1d., Hall -County, Nebraska.
<br />OPEN END FEATURE: In addition to this mortgage standing as security for the performance;
<br />of the provisions hereof and the payment of the note, this mortgage shall also stand as'!
<br />security for any and all future advances made by the holder of said note to the-i4ortgagor;
<br />in any amount so that the total principal herein does.not em eed 25,000.00, and the
<br />ho L.n' the. note and Mortgagee herein is hereby given authority to make any such addi-'
<br />tional advances.to the Mortgagor, herein upon request of the 34ortgagor, or either of f
<br />them; and such additional advances shall be secured as the original;obligation herein
<br />pon the total amount of principal shall. not be
<br />evidenced by the note. Such limitation u
<br />considered as limiting the amount secured hereby when advanced to protect and preserve
<br />j the security intended to be given by this mortgage.
<br />Thp 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 I
<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 />j
<br />Principal sum of 516,922.00 shall be paid by paying interest only in monthly installments
<br />of ?130.39 per'month commencing on June 1, 1975 and continuing on the 1st day of each i
<br />and every month thereafter except that on the 1St day of,. April, 1978, a final -payment;
<br />consisting of the entire principal balance together with -any unpaid interest shall be
<br />due in full. :Interest being computed.at the rate of 8 3/4% of the principal sum per
<br />annum.
<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 />14 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 $ 163922.00 loss, if any, payable to the said mortgagee, than these presents i
<br />to be void, otherwise to be and remain in full force.
<br />IT IS FURTHER AGREED (1) That if tho •said mortgagor shall fail to pay such taxes or procure such insurance, the
<br />said mortgngee may pay such taxes and procure such insurance;: and the sum so advanced, with interest at 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 oj)tion of the j
<br />mortgagee.
<br />Signed this day of 19
<br />In presence of................... f
<br />•1,;4(�_'bbe
<br />............�1'x.��l br�a •` `i 'rig due s )....... .. ....................................................
<br />�.
<br />......... .................. .. 1JQ6 a), i'tiwe
<br />STATE OF .................... Nebraska ...., County of............... Hall..: ......: 7BEUA.... ... ...... DEBRA IBefore me, a notary public qualified for said county, personallycame t*:;I (,1f�=RA f_of
<br />Lyle Flebbe and Jeanette Flebbe, hi. t it, M"t co {r rssr :. EePrsEs
<br />known to me to be the identical person or persons who signed the foregoin .land• acknolft" �t,jhg exec tion
<br />thereof to be his, her or their voluntary act and deed. -_
<br />Witness my hand and notarial seal on ..... Mr.9h.......................�th.......................... :, 19.....7�?...
<br />My commission expires:.factOb.er... 22 .... ........... 19...78 ..............: M� 1.....�1.:...� f• 4 '? ?J..........Notary Public.
<br />STATE - OF...... zti/tr r1 �4. ........................ Entered on numerical index and filed for record
<br />County 141 1. ���. ................... : } in the' Rogister of Deeds Offico of said County the
<br />.... .. .....
<br />...... Z.:_2 ......day 19..,7IA , at ............. 1.a......... o'clockand........... 3.X. ...... minutes ........ .,�...... M.,
<br />and recorded in Book;...........J.�a. ........ of i llct Q r ..at page .... % 7 ..:...................
<br />Drafted by' /�«�G ...... .......Rog. of Deeds
<br />111ILES HO:.,S, INC. OF NEBRASKA
<br />4500 L,yndale Avenue North By.........................................................................:................Deputy
<br />III - - -- • ���
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