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52—REAL`ESTATE MORTGAGE—(With Tax Clause) The Huffmnu General Supply House, Lincoln, Nebr.-
<br />�i _
<br />0,09149
<br />KNow ALL MEN BY THESE PRESENTS: That* Donald Eugene and Desta' Alyce Strinz Ep
<br />(Husband & Wife)
<br />of Hall, County, and State of Nebraska , in consideration of the. silt of
<br />Two thousand nine hundred eighty dollars and 51/100 ---=---------------o-------- DOLL_ARS
<br />_f
<br />:n hand paid, do hereby SELL and CONVEY unto . Grand Island Finance Company
<br />of Hall County, State of Nebraska the following described premises situated
<br />in Hall County, and State of Nebraska , to -wit:
<br />Lot #1 Block 14 of Scarf's Addition to West Lawn in Grand Island
<br />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 thereiinto belonging,.
<br />unto the said mlortgagee(s) 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.
<br />shall pay or cause to. be paid to the said vtortgggee(s), his, her or their heirs, exectftors, administrators or assigns, the
<br />principal sunt of $ 2,980.51 payable* as follows, to wit:
<br />Thirty Six (36) monthly installments of $107.30 beginning 9-8-75
<br />with last one due 8-8-78.
<br />21/2% per month on that part of the unpaid principal balance not in excess of $300, 2% per month on that
<br />part of the unpaid principal balance in excess of $300 and not in excess of $500, 17/2% per month on
<br />Agreed rate that part of the unpaid principal balance in excess of $500 and not in excess of $1,000, and 1% per
<br />of interest: month on any remainder of such unpaid principal balance (which is the required disclosure of the rate
<br />used in computing charges herein in compliance with Nebraska law), and together with any default and
<br />deferment charges.
<br />with interest according to the tenor and effect of the mortgagors written promissory 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 slid premises insured for the sum of $ 2,980.51 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 such taxes or procure such in-
<br />surance, the said mortgagee !nay pay such taxes.and procure such insurance; and the sunt so advanced, with interest
<br />at ------- 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 agreentents, shall cause the whole scan of money herein secured to become due and
<br />collectible al once at the option of the ?mortgagee.
<br />iced this th ay of August rg 75
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<br />iIn se e of C'
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