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771
<br />52-A—SECOND -REAL ESTATE MORTGAGE=Tax Clause (Revised 1962) no HuIIman General Supply House„Lincroln, Nebr.
<br />%2
<br />KNOW ALL: MEN BY THESE PRESENTS: THAT J or WE, DANIEL G. LEAK AND DENISE S, LEAR
<br />of HALL County and' State of NEBRASKA , in consideration of/MS
<br />ONE THOUSAND EIGHT HUNDRED IMMY AND N01100
<br />in hand paid, do hereby SELL and CONVEY unto
<br />GATEWAY REALTY. OF GRAND ISLAND, INC. , (mortgagee),
<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 -SIX (6) AND THE NORTH SIX (6) FEET OF IAT SEVEN (7) INBLOCK FOURTEEN (14).v WEST
<br />PARK ADDITION TO THE CITY OF GRAND.ISLAND, 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 or mortgagees and to his, her or .their heirs and assigns, forever, provided always, and these presents are upon the
<br />express condition that if the said mortgagor or mortgagors, his, her or their heirs, executors, administrators or assigns shall pay
<br />Pr cause to be paid to the said mortgagee or mortgagees and to his, her or their heirs, executors, administrators or assigns, the
<br />'sum of ONE THOUSAND EIGHT HUNDRED NINETY AND N0100 . Dollars, payable as follows, to -wit:
<br />'$1.,890.00 PLUS INTEREST PAYABLE MARCH 20, 1980
<br />with interest thereon at 9 per cent per annum, payable aMaCM, according to the tenor and effect of the
<br />promissory note with interest coupons attached of said Mortgagors, bearing even date with these presents, and'
<br />shall pay all taxes, and any interest on, or maturing installments of principal, due on any prior mortgage and assessments
<br />levied upon said real estate and all other taxes, levies and assessments levied upon this mortgage or the note which this -
<br />mortgage is given to secure, before the same becomes delinquent and keep the buildings on said premises insured for the sum
<br />$ loss, if any, payable to such first mortgagees or this mortgagee, or both, then these presents be void,
<br />otherwise to be and remain in full force.
<br />IT IS FURTHER AGREED (1) That if the said mortgagor shall fail to pay such taxes and such interest on, or maturing
<br />installments of. principal, due on any prior mortgage and procure such insurance, then this mortgagee may pay such taxes and
<br />such interest on, or maturity installments of principal, due on such prior mortgage and procure such insurance; and the sum
<br />so advanced with interest at nine per cent shall be paid by said mortgagor, and this mortgage shall stand as security for the
<br />same. (2) That a failure to pay any of said money, either principal:or interest on this or any other prior mortgage, when the
<br />same becomes due or a failure to comply with any of the foregoing agreements, shall cause the whole sum of money herein
<br />secured to become due and collectible at once at the option of the mortgagee.
<br />IT IS FURTHER AGREED That said mortgagee, pending foreclosure of this mortgage and after decree and pending
<br />stay thereon or appeal therefrom and pending sale of premises. mortgaged, may pay such taxes and maturing interest or matur-
<br />ing installment! of principal, on prior mortgages, procure such insurance and such sums shall be added to the amount due on.
<br />decree and upon confirmation of 'sale by the court ordered taken out. of proceeds -of sale; or if redeemed during stay, appeal
<br />or sale, such amounts shall be collected the same as though it were a part of such d cree.
<br />Signed this I e day of M 2'r c C, '191C
<br />A
<br />In presence of
<br />......................................................................................................... ...... ct �
<br />'Ltd-�t...1 •.
<br />STATEOF.......:/..!.� �?7............................................ . County of...... ................ ...... ��,�r,_•
<br />Before me, a notary public qualified for said county, personally came
<br />DANIEL G. LEAR AND DENISE S. LEAK_ `s
<br />known to to be the identical person or persons who signed the foregoing instrument and ack ow! g N
<br />thereof to be his, her or their voluntary act and -deed.
<br />Witness my' hand and' notarial seal on.......n �.1... c... ........................... ....... , 19..
<br />�.....
<br />My commission'expires:... ..`..}'? .......`.............:.......:.. 19D.)...:. /...1.-.,./.(:�^.'... Oti. L.............��..� .. o Y,
<br />STATE OF../... �:d�`5-AI� • •• ••••••••• Entered on numeric index and filed .for record
<br />....... .......... .
<br />7.
<br />ss.
<br />County p..... !�%f:C'G in the Register of D eds Office of said County the
<br />... f-' ..day of..... ..................., ,1� .� �..., at.. .... �... ..o'clock and....: �� .....minutes ':.. ..1'...M:,
<br />and -recorded in Boo.......................... of .. G��rrP%yat page ..... U ...
<br />.. ....Reg. of Deeds
<br />% .... .. ........ ......... .... .......Deputy
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