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53%q—REAL ESTATE MORTGAGE—With" Tax Clause The Huffman Gen" Supply House, Lincoln, Nebr.
<br />KNOW ALL MEN BY THESE PRESENTS
<br />THAT Mabel M.'Parr, a single person
<br />(Mortgagor )
<br />of Hall County, and State of Nebraska in consideration of the sum of
<br />Two Hundred Twatt -five and no/100 - - - - - - - - - - - - - - - - - _ --DOLLARS
<br />in ha?ld paid, do hereby SELL and CONVEY unto, Flower -Evans Company
<br />.(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 />East 321 Feet of North Half (NJ) of Lot Eight (8) of
<br />County Subdivision of part of South One-half of the
<br />Southeast Quarter (SJSE,) of Section Sixteen, in Township
<br />Eleven (11) North, -Range 'Nine (9), in Hall County,
<br />Nebraska
<br />I -
<br />FOR VALUE RECEIVED, I, we and each of us, jointly, and severally, proinise to:pay to the order' of
<br />FLOWER-EVANS COMPANY
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<br />(licensee) at its office, the amount above shown under "amount of loan" which sum, if so shown, includes precomputed•charges at the applicable rate below
<br />shown; otherwise I or we, and each of us, jointly and severally, agree to pay said amount of loan and in addition, charges thereon at the applicable rate
<br />below shown, to -wit:
<br />2ifi% per month on that part of the unpaid principal balance not in excess of 5300.00, 2% per month on that part of the principal balance in excess
<br />of 5300.00 and not in excess of 5500.00, llh%, per month on.that part of the principal balance in excess of $500.00 and not in excess of E1,000.00, and
<br />1% per month on any remainder of such unpaid principal balance.
<br />All charges on this loan shall be computed and/or rebated and every payment made hereunder shall be applied to principal and charges, in accordance
<br />with the applicable provisions of the Installment Loan Act of Nebraska. If charges on this note have leen precomputed such charges, are subject to refund,
<br />recomputation or rebate and said loan is also subject to default and deferment charges, all as provided by law and if two or more 4rll. installments ars, in t°
<br />default for one full month or more at any installment date, the Licensee may, at its option, reduce the contract balance by the rebate which would be
<br />required for pro -payment in full as of such installment date and the amount remaining unpaid shall be deemed to be the unpaid principal balance, on which
<br />charges may be made, collected and !ipplied in the ordinary manner, and thereafter, charges may be charged, collected, received and applied at the rate set-
<br />forth
<br />et forth above until final payment.of said loan. Payments in advance may be made in any amount equal to one or more full installment at any time.
<br />-
<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 mortgagee and to their heirs and assigns, forever, provided always, and these presents are upon
<br />the express condition that if the aforesaid mortgagor her heirs, executors, administrators or assigns shall
<br />pay or cause to be paid to the said mortgagee their heirs, executors, administrators or assigns, the sum of
<br />Two Hundred Twee ty-five and no/100 - = - - - _ , _ _ _ _ _ _ -Dollars, payable as follo-ws, to -wit:
<br />Dollars on the day of 19
<br />Dollars on the day of 19
<br />IAccording to Finance Note Dollars on the day of 19
<br />given herewith Dollars on the day of 19
<br />Dollars on the day of 19 ,
<br />with interest thereon at per cent per annum, payable annually all according to the tenor and effect
<br />of a certain promissory note of said Mabel M. Parr
<br />bearing even date with these presents, and shall pay all taxes and assessments levied upon said real estate, .and all other
<br />taxes, levies and assessments levied upon -this mortgage or the note which this mortgage is given, to secure, before the
<br />same becomes delinquent, and keep the buildings on -said premises insured for the sum of $ 6000.00
<br />loss, if any, payable to the said mortgagee, then these presents to be void, 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 or procure such
<br />insurance, the said mortgagee may pay such taxes and procure such insurance and the sign so advanced, with interest
<br />at • per cent shall be paid by said inortgagor, and this mortgage shall stand as security for the same. (2) That
<br />a failure to pay any of, said money, either principal or interest -when the same becomes due, or a. failure to comply with
<br />any- of the foregoing agreements, shall cause the whole sum of ntoney herein secured to become 'due and collectible
<br />at once at the option of the mortgagee.
<br />Signed this, 9th day of May 119 75.
<br />In presence of
<br />- �abel .para. •--•----
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