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52-A— R EA L ESTATE MORTGAGE—(With Tax Clause) (Revised 1962) The Huffinan General Supply House, Lincoln, Nebr.
<br />KNOW ALL MEN.BY THESE PRESENTS: That Vie,' Norma J. ;Simonson and John ''.M..,,Simonson
<br />each in his and her oyrn right and as spouse.of each other
<br />Of Hall County, and State of Nebraskain consideration -o . f. the sum of
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<br />Fifty-four Thousand Eight Hundred - - - ($54,800-00) — -- — — DOLLARS.
<br />in hand paid, do hereby SELL and CONVEY unto
<br />Albert J: Shipman and Milda Shipman, as joint.tenants,
<br />of Hall
<br />County, State of Nebraska the following described premises situated
<br />in Hall County, and State of Nebraska to -wit:
<br />The Southeast Quarter (SE -7,-) `of Section 11, Tovinship 12 North,..Ran'ge
<br />10, West of the 6th P.M., excepting alone ,acre .tract in the south-
<br />east corner of said Section 11 previously conv'eyed by the Grantor's
<br />to Hall County School District No. 55,
<br />THIS IS A FIRST, PURCHASE MONEY MORTGAGE
<br />The intention being to convey hereby an absolute title in fee simple, including all the rights of homestead and clowdr.
<br />TO HAVE AND TO HOLD the premises above described, with all the appurtenances thereunto belonging, unto the said
<br />mortgagee(s) and t ' o 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 -of cause to be
<br />paid to the said mortgagcL(s), his, her or their heirs, CXCCLitors.; administrators car assigns, the principal sum ofs.542800.00
<br />payable as follows, to wit:
<br />$5,480.00 plus interest from this date at 5clo".Per annum payable January
<br />12 1976, and a like amount. of 1�5,480.00 -olus interest cor"11puted.6 ' n'the
<br />unpaid principal balance on the fii�stday of January. each year'there
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<br />after until the full principal, plus interest', have',been paid,
<br />with interest according to the tenor and effect of •the mortgagors written promisst)ry note. bearing even date with tliLse presents
<br />and shall pay all taxes and assessments levied upon said real estate, and all other taxes, levies and assessments leyied 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 loss, if any, payable to the said mortgagee, then these presents
<br />to be void, otherwi.5e -to be and: remain in full force.
<br />IT IS FURTHER 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, nine per
<br />cent, ,;hall be repaid by said mortgagor, and this mortgage shall stand as security for the same. .(2) That a fa"ilurc to pay any
<br />of said nioney,.eitlier principal'or interest, when the same becomes due, or a failure to comply ),vitli any of -the foregoing
<br />agreements, shall'cause the whole sum of money herein secured to become dui!, and collectible tit one(., at the option of the
<br />mortgagee.
<br />Signed this 21stday of April 19 75
<br />In presence of - .....................
<br />................. ... ..... ..........................
<br />......................................................................................
<br />ii"I flonson
<br />............................................................................................................... ... .............. ............................ ................................... ........................
<br />-Nebraska Hall
<br />-STATE OF ................................................................ County of.............................
<br />Before me, a notary public qualified for said county, personallycame Norma J. Simonson and John M.
<br />Simonson, . each in his and her ovm'right and'as spouse of each other,
<br />n o,,�Ito -person or persons who signed tile foregoing instrument and acknowledged the execution
<br />theref
<br />f to rrsi,Nubtary act and 41ced.
<br />ther, 0 e WifiFan a
<br />j ebruary. 4, 1974
<br />:010ess my �iand 'and notarial seal on.-Awi.1 ..... 2.1 .................. 1
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<br />iC
<br />• Bly commission exs: ..................19_76. llt..........
<br />....... ........... Notary Public.
<br />STATE OR. Entered on numerical index and -filed 'for record
<br />ss.
<br />in the. Register of Deeds Office of said County the
<br />County .... ... . ......................................
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<br />. ... ............ ....... day oi.... .... 19... at......:..... ......... o'ciock and ..... ...... c>.../ ........minutes .... ........... M.,
<br />ed in Book ........ .... ...............
<br />and record ...................... of Cl,2 ..... at page ................
<br />..... Reg. of Deeds
<br />By:... ....... ............................. .. :........Deputy
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