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52—REAL ESTATE MORTGAGE—(With Tax Clause) The Huffman General Supply House, Lincoln, Nebr.
<br />FG
<br />01-0034'
<br />KNOW ALL MEN BY THESE PRESENTS: That Joseph M. Avery"and Irene E'. Avery
<br />of Hall County, and State of Nebraska
<br />lit consideration of the sion of
<br />Four thousand and no/100 ($4,000.00) -------------------------- �DOLLARS`
<br />in hand paid, do hereby SELL and CONVEY unto Five Points Bank, 2015 North.'Broadwell
<br />Ave. of the city.of Grand -Island.
<br />of Hall County, State of Nebraska the following described prentises situated
<br />in Hall County, and State of Nebraska
<br />to-zcit
<br />Lot four (4) in Lambert's Subdivision, a part of the Northwest
<br />Quarter of the southeast quarter (NW34-SV-4) of Section.Ten '(10),
<br />Township Eleven (11) North, Range Nine ' (9) West of the Si,xth
<br />Principal Meridian, in Hall County, Nebraska.
<br />The intention being to convey hereby an absolute title in fee simple, including all the rights of�h ontestead and -dower.
<br />TO HAVE AND TO HOLD the promises above described, with all the appurtenances thereunto belonging,
<br />unto the said mortgagee(s) and to his, her or their heirs and assigns -forever, provided always, and th'pse presents are
<br />upon the express condition that if the said mortgagor(s), his her or their heirs, executors, adniinistr�tors or assigns
<br />sh*all pay or cause to be paid to the said mortgagee(s), his, her or their heirs, executors, administrators; or assigns, the
<br />principal sum of $ 4, 0 0 0 . 0 0 payable as follows, to wit:
<br />Said principal and interest shall be payable in 60 installments'
<br />of �96.26 commencing on the 26th day of October 1975 and,contin'uing
<br />on -the 26th day of each month thereafter until the note is'fully
<br />p 'd,
<br />al except.the final payment of principal and interestlif not
<br />sooner paid shall be due and payable on the 26th day of �epterilb.er.
<br />Delinquent interest and principals after maturity shall
<br />draw interest at the maximum legal rate per,annum until full.y
<br />paid.
<br />with interest according' to the tenor and effect. of the inortgagors written promissory -note bearing even date 7eith. these
<br />presents and shall pay all taxes and assessments levied upon said real estate, and all other taxes, levies and assessments
<br />le7.4ed upon this mortgage or the note 7uhich this mortgage is given to secure, before the saine becomes delinquent, and
<br />keep the buildings on said prentises insured for the sum of $ 4, 000. 00 loss, if any, payable to the said
<br />mortgagee, then these presents to be void, otherwise to be and remain it; full force. I
<br />IT IS FURTHER AGREED (i) That if the said mortgagor shall fail to pay such taxes or procure such in-
<br />suraisce, the said mortgagee may pay such taxes and procure such insurance; and the sum so advanced, Tath interest
<br />at 11 per cent,' shall be repaid by said mortgagor, and this mortgage. shall stand as security f;gr the same.
<br />�i), -Itlot &Lfaikwc�_-W 1pdy-1-1dny - of said inoney, either principal or interest, when the same. becomes due,� or a fdilure to
<br />comfily Teitly J*egoing agreentents, shall cause the whole sion of money herein secured to become due and
<br />the mortgagee.
<br />Signed this c,2 day of 10 7�
<br />r
<br />In presence of
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