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53-A—REAL ESTATE MORTGAGE—With Tax Clause, (Rbvised,,l 962).-,, The Huffman. General. Supply House,* Libcoln, Nebr. <br />- - --------- <br />MICROFILMED <br />KNOW ALL MEN BY THESE PRESENTS': THAT R & A Proper -ties <br />(Mortgagor <br />NEBRASKA <br />of HALL County, and State of in consideration of the sum of <br />.ONE HUNDRED FIFTY THOUSAND AND N01100 <br />----- ($150,000. 60) ---- — — — — — — — DOLLARS <br />! <br />'in hand paid, do hereby SELL.and CONVEY unto <br />The Overland National.Bank of Grand: Island, Nebraska '-(Mortgagee <br />i of H l County, and State of Nebraska the following described premises <br />situated in nail County, and State of Nebraska to -wit: <br />- <br />A -part of theSouth Half of the North ' Half of the <br />Northwest Quarter of the Southwest Quarter (Sl/2 N1/2 <br />NiW1/4SW1/4) of Section'Four (4), in Township Eleven <br />(11) North, Range Nine (9), West of the 6th P.M., <br />Hall County, Nebraska, more particularly described as <br />follows: <br />Beginningn at a poi 't.on the East boundary of Highway <br />281, which point is. -2065.5 feet North of the Southwest� <br />'corner of Section FO:ur (4), Township'Eleven (11) North, <br />kange.Nine (9), West of the 6th P.M.,;, thence East at <br />right angles to said Highway, a distance of 209 Feet <br />thence North at right angles and parallel to said <br />. <br />Highway, a.distance of 202.5 feet, thence West at. right: <br />-angles, a distance of 209 Feet, thence South along the—, <br />'Easterly boundary of said, Highway 'to.the point77of beginning, <br />a diptance� of 20 t <br />The intention oeing to convey hereI)y an &Itef FtTe ih fee simple including.' all the rights of homestead and dower. <br />TO HAVE AND TO. UOLD the remises above described, with all. the appurtenances thereunto belonging unto the <br />e <br />1 s s & <br />UC9Ssos <br />said mortgagee: and to irs.an5 <br />icassigns, forever, provided always, and these presents are upon the 'express <br />condition that if the aforesaid mortgagor s their heirs, executors, administrators or assigns shall pay or cause to be <br />its succe-s',ors <br />paid to the said mort, agee Urrs-, mmcuturs-, -adirriffist, ator s—or assigns, the sum of <br />One Hundred Fifty Thousand and no/100— — — — — — — — — — — — — — — — Dollars, pa . yablb as follows, to -wit: <br />BbiFars-an tire -- — —— — — — — •-day- -a f 19 <br />Baiinrs-Dri ttm— — r -- — -- - ttar T;t* 19 <br />Balhnmn tim — — :-- — — — — — d7 zt- 19 <br />— — --- — — — — — tnsr Z;f 19 <br />Ihoitarz,rrtlr— — — — — — — — — d7k7 zr 19 <br />- <br />with interest thereon at 9 0 per cent per annum, payable monthly aNNWRPUl according to the tenor and effect of <br />a certain promissory note of said R & A Properties <br />bearing even date with these presents, and shall pay all taxes and assessments levied upon said real estate, and all other taxes, <br />levies and assessments levied upon this mortgage or the note which this mortgage is: given to secure, before -the same becomes <br />. <br />i delinquent, and keep the buildings on said premises insured for the sum of. 150,000 00 loss, if any, payable to <br />the said mortg'a'gee, 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 insurance, the <br />said 'mortgagee . may pay such taxes and procure such insurance; and the sum so advanced, with interest at 9 . 0' per cent <br />shall be paid by said mortgagor, and this mortgage shall stand as security for the same. (2) that a failure.to pay any of said <br />money; either principal or interest when the same becomes due, or a -failure to comply with any of the foregoing agreements, <br />shall cause time me due and collectible at once at the option of the mortgagee. <br />le•.whole sum of money herein secured to beco <br />-, <br />Signed this 29th day of August 19 75 <br />............................................... <br />In presence of .............. 17* ... ............... <br />•../-.. .. . ... .. .. .. .. .......... . ............. <br />......................................................................................................... <br />.......... .. ... ... <br />........................... ............................................................. ............... .. .. 'R­i� ... A ... P-fdj5'6r -16§ . ... ... ... .. ................. <br />NEBRASKAHALL <br />STATE,,, OF ........................................... County of......................................................... <br />)3efoFelne _a Vince <br />notary .Dowding, Partner of <br />public qualified foi said county, personally came <br />R & A Properties <br />6 1 I)VI b `,identical person or persons who signed the foregoing instrument and acknowledged the execution <br />their voluntary act and deed. <br />August 29 <br />notarial seal on ........................ . . ........................... . ....... 119 .. ... ..... <br />wibi <br />Xj, 119-74.. .................. ....... . .... .......Notary Public. <br />1. stn <br />... . ...... ...................... <br />........ Entered on numerical index and filed for record 2 <br />said County the <br />in the Register of Dee Office of s <br />0 r �. 1%L " , , <br />...... .................... <br />County ....... <br />........... o",Ick aijo... ....................... . minutes .......... *. - /:.z.. <br />r, -- ----- ........ 19 ..... 1.�Xxr, at .......... <br />v <br />and recorded 'In ...... <br />Book .................... . .............. Of ..... ZMLZ <br />of Deeds <br />...Deputy <br />I <br />