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53!/4—REAL ESTATE MORTGAGE—With Tax Clause The Huffman General Suppli House, Lincoln, Nebr.
<br />KNOW 'ALL MEN BY THESE ]�RESENTS 4f
<br />THAT Cora Mae Howard, a widow
<br />(Mortgagor
<br />of Hall Coiinty; and State of Nebraska
<br />in Consideration of the sum of. I
<br />Three Hundred Ten and nO'/100 - - - - - - - DOLLARS,
<br />in hand paid, do hereby SELL and CONVEY unto Flower -Evans Company
<br />(Afortgagee
<br />of Hall County, and State of, -Nebraska
<br />the following diescribed premises
<br />situated in Hall County, and State of I . to -wit:
<br />Nebraska
<br />Lot Four (4), in Block, Thirty-one (31), in
<br />Packer and'Barr's Sec6nd Addition.to the City
<br />of Grand Island, in Hall County, Nebraska
<br />FOR VALUE RECEIVED, 1, we and each of us, jointly and severally, promise. to pay to the order of
<br />Flower -Evans Company,
<br />.................................................................................................................................................................................. I ......................................................
<br />(licensee) at its office, the amount above shown under "amount of loan" which sum, it so shown, includes precomputed, charges at the applic3blo rate b3low
<br />shown; otherwise -I or we, and each of us, jointly and severally, agree to pay said amount of ioan' and in addition, charges thereon at the applicable rate
<br />below shown, to -wit:,
<br />21/4% per month on that part of the unpay rincipal balance not in excess of S300.00, 2% per. month on that I the principal balanco in e-.cL,--3
<br />-not in excess of
<br />of $3GO.00 and of such g2r mgnth on.that part of the principal balance in excess of sfi00%r�� not in exce-sa of $1,000.00, and
<br />1% per month on any remainder unp d principal balance.
<br />All charges on this loan shall be computed and/or rebated and every payment made hereunder shalt 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 been computed such charges Eire subject to refund.
<br />recomputation or rebate and said loan is also subject to default and deferment charges. all as provided by YTw and if two or more full installments am in
<br />default for one full month or more at an alanco by the rebate which would be
<br />sug, installment date, the Licensee may, at its option, reduce the contract b
<br />required for pre-pament in full as of nstallment date and the amount remaining unpaid shall be deemed to be the unpaid principal balance on which
<br />chn in a, collected and applied in the ordinary manner, and thereafflar, charges may be charged, collected, received and applied at ihe rate set
<br />forges may be t
<br />above until final payment of said loan. Payments in advance may be made in any amount equal to one or more full instnIf on at any time.
<br />In case of foreclosure, all expenses to he paid by the mortgagor including attorney's
<br />rees
<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 pre'niises above described, with all the appurtenances thereitnto belongin'
<br />9
<br />Unto. the said mortgagee and to their heirs and assigns, forever, pr vided always, and these presents are upon
<br />.0
<br />the express condition that if the aforesaid inortgagor her heirs, execi(tors, adininistrators or assigns shall
<br />pay or cause to. b,e paid to the said inortgagee, their heirs, execittors, administrators or assigns, the sion, of
<br />Three Hundred Ten and no/100 -Dollars, payable as follows, to -wit:
<br />Dollars on the day of , 19
<br />Dollars on the day of , 19
<br />According to Finance Note Dollars on th e: day.of
<br />, 19
<br />givelft' h-lerewith Dollars on the day -of 19
<br />Dollars on the day of
<br />Z9
<br />with inferes*i thereon at per cant 'Per annion, payable anniially all according to the tenor and effect
<br />of a'certain pronziss&y note of said Cora'Mae Howard
<br />bearing even,date with these presents, and shall pay all taxes and ass'essments levied i(pon said real estate, and all other
<br />taxes, levies . and assessments levied upon. this inortgage or the note which this inortgage is give); to seci(re, before the
<br />same becomes delinqi(ent, and keep the buildings on said promises insitred for the szon, of $
<br />loss, if any,' payable to the said inortgagee, then these presents to be void, otherwise to be and rehi-ain in fidl force.
<br />IT. IS FURTHER .11GREED'(i)- That if the said inortgagor � shall fail to pay such taxes or procure st(ch
<br />insitrance, the said inortgagee may pay sitch taxes and procure si(ch insurance; and the sion, so advan
<br />ced, with interest
<br />at per. �ent shall be paid by,said inortgagor, and this inortgage shall stand as security for the same. (2) That
<br />a failitre to pay''any of said money, either principal or interest whan, the saine becomes due, or a failure to comply with
<br />any. of the or�egoz . ng agreements, shall caitsd the whole sion of vioney herein secitred to become due and collectible
<br />at once at the option of the inortgagee.
<br />'Signed this 16th day Pf - September .19 75.
<br />In presence of ........ ........... ........
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