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52—REAL ESTATE MORTGAGE -(With Tax Clause) Tho Huffman General Supply House, LLncold, Nebr.
<br />KNOT ALL MEN BY THESE PRESENTS: That Arlen R. Ehlers and Donna K. Ehlers ,
<br />of Hall County, and State of Nebraska , it: consideration of the aittn of
<br />Two thousand five hundred and no/100---------------------------------------DOLLARS
<br />in hand paid, do hereby SELL and CONhEY unto Five Points Bank
<br />of Hall County, State of Nebraska the following described .preinises.situated
<br />in Hall County,•and state of Nebraska , to -wit:
<br />Tract of land comprising the easterly 18 and 6 tenths feet of
<br />Lot -9 and all of Lot 10, Block 81, Wheeler and Bennett's 4th
<br />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,
<br />unto the said mortgagees) and to his, her or. their heirs and assigns forever, provided always, and these presents are''
<br />upon the express condition that if the said mortgagor(s), his her or their heirs, executors, administrators or assigns l
<br />shall pay or cause to be paid to the said mortgagee(s), his, her or their heirs, executors, administrators or assigns, the I
<br />principal. sion of $ 2,500.00 payable as follows, to wit:
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<br />with interest according to the tenor and effect of the mortgagors written prontissory note bearing even date with these
<br />presents and shall pay all taxes and assessments levied upon said real estate, and all other taxes, levies and assessments j
<br />levied upon this mortgage or the note which this mortgage is given to sechtre, before the sante beconhes delinquent, and
<br />keep the buildings on said premises insured for the sunt of $ 20,000.00 loss, if any, payable to the said
<br />mortgagee, then these presents to be void, otherwise to be and remain in full force.
<br />IT IS FURTHER AGREED (r) That if the said mortgagor shall fail to pay stitch taxes or procure such in-
<br />surance, the said mortgagee may pay such taxes and procure such insurance; • and the sum so advanced, with interest
<br />at 9 per cent, shall be 'repaid by said illortgagor, and this mortgage shall stand as security for the same.
<br />(a) Thai a failure to pay any of said money, either principal or interest, when the sante becomes due, or a fdilure to I
<br />comply with any of the foregoing agreements, shall cause the whole sum of money Therein secured to beconte due and
<br />collectible al once at the option of the mortgagee.
<br />Signed this . a day of 19
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<br />Filed for -e or���. -sem �, /9-7Sat_� '35 :1 in Book__
<br />P� .. ......... .. ... .......---
<br />of `'5 e o Deeds
<br />J �/� Hall County, Nebraska. -
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