52—REAL ESTATE MORTGAGE—(With Tax Clause) The Hultman .(general Supply House, Lincoln, Nebr..
<br />KNOT V ALL MEN BY THESE PRESENTS: That Arlen R. Ehlers and Donna K. Ehlers
<br />of, 'Hall Cotntty, and State of Nebraska in'co;iideration of the sion of
<br />Two thousand five hundred and no/100--------------------------------DOLLARS
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<br />in hand paid, do hereby SELL and CONVEY :onto Five Points Bank
<br />of _Hall County, State of Nebraska the following' described preniises. situated
<br />'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.
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<br />The intention being to convey hereby an absolute title in fee simple, including all the rights of homestead and dower.
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<br />TO HAVE AND TO OLD 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 snortgagor(s), his her or their heirs, executors, administrators or assigns
<br />hall pay or muse, to be paid to the said 7nortgagee(s), his, her or their heirs, -executors, administrators or assigns, the
<br />principal stmt of $ 2,500.00 payable as follows, to wit:
<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
<br />levied upon this mortgage or the note which. this mortgage is_�given to secure, before the same becomes delinquent, and
<br />keep the buildings on said premises insured for the.sunz of , �-20aOw 00 loss, if any, payable to the said
<br />mortgagee, then these presents to be void, othcrwzse-•tobe •arid rwaipuLs7t full force.
<br />IT IS FURTHER AGREED (i) That if the said mortgagor shall fail to pay such taxes or procure such.in-
<br />surance, the said mortgagee inay pay such taxies and procure such insurance; and the sum so advanced, with interest
<br />at 9 per cent, shall be repaid by said mortgagor, and this mortgage shall stand as security for, the same.
<br />(z) That a failure to pay any of said money, either principal or interest, when the sante becomes due, or a fdilure to
<br />comply with any of the foregoing agreements, shall cause the wholesunz of money herein secured to become due and
<br />collectible at once at the option of the mortgagee.
<br />Signed this a day of 19
<br />11�?Pr se
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<br />Filed for e orcl -t �• /4Z-7�at_�4t'3� _?'. in Book.L_d_�._
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<br />SO
<br />1�z :. ., -i.sGer of Deeds.,
<br />�� Hall County, Nebraska -
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