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53-A—REAL ESTATE MORTGA . GE—With.Tax Cla . use (Revised 1962)' 'Me H.ffm. General Supply House, Tj,00ln, N
<br />'James L. Kirschbaum and S-arah.Leigh-' %
<br />KNOW ALL MEN. BY THESE PRESENTS, THAT
<br />Kirschbaum, Husband and Wife
<br />(Mortgagor
<br />of Hall County, and . State.of Nebraska in consideration of ihe sum of
<br />------- i ---------------------------------- DO'.
<br />Unety,.Thousand and No/100 LLARS
<br />in hand paid; do hereby SELL and CONVEY unt� C0113'Mercial National Bank & Trust'Company,
<br />Grand Island,,Nebraska (mortgagee
<br />of Hall County, and State of Nebraska the following described premises i
<br />' Hall I
<br />situated in County, and state of Nebraska to -wit:
<br />Lot Two' (2) M & S Subdivision,,City of Grand Island, Hall County, Nebtaskal
<br />or contracted
<br />In the event the title to said real estate is transferred,
<br />to be transferred,, from the undersigned for any reason or by any
<br />method shatsoever, the entire principal sum and accrued interest shall at
<br />once become due and payable 'at the election of the holder hereof.
<br />Failure to exercise this option because of transfer of title as above
<br />stated in one instance shall not constitute a waiver of the right to
<br />exercise the same in the event of any subsequent transfer.
<br />1 The intention'being to convey hereby an absolute title in fee sim�le including all the rights of homestead and dower.
<br />I
<br />TO HAVE AND TO HOLD the premises above described, with all the appurtenances thercunto belonging unto the I
<br />said mortgagee S and to It' S heirs and 'assigns, forever, provided always, and these presents are upon the express
<br />condition thai if the aforesaid mortgagor s, Their heirs, executors, administrators or assigns shall pay or cause to he
<br />paid to the said mort,'ageeS Itl S heirs, executors, administrators or assigns, the sum of Ninety Thousand
<br />Dollars, payable as follows, to -wit:
<br />qndNo�go -----------------------------------------
<br />Ninety ousand and No/100 Dollarsonthe 28th day 'of June 19 76
<br />Dollars on the day of
<br />19
<br />Dollars on the day of 19
<br />Dollars on the day of 19
<br />Dollars on the day of 19
<br />with interest, thereon at 9.0 per cent per annum, all according to the tenor and effect of
<br />a certain promissory note of said - James L. Kirschbaum and Sarah Leigh' Kirschbaum,
<br />Husband and Wife.
<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 />a
<br />delinquent, and k6l�p the buildings on said premises insured for the sum of $ 902000.00 loss, if any, pay ble to
<br />the said.mortgagee, then these presents to be void, otherwise to be and remain in full force.
<br />IT IS FORTHER AGREED (1) That if the said mortgagor shall fail to pay such taxes or procure such insurance, th� e
<br />i said mortgagee may pay such taxes and procure such insurance; and the sum so advanced, with interest at 9 . 0 per cent
<br />said
<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
<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 the whole sum' of money herein secured to become due and collectible at once at the option of the mortgagee.
<br />Signed this 2nd day of October ig 75
<br />Inpresence of ....... .. .. ........ ....................................
<br />ames aum
<br />...... . .. ... . . ..... z,
<br />�,Z
<br />arah Lei irs,�Rb aium
<br />.............................................................................................................. ................... ........................................................... ..............................
<br />.............................................................................................................. ...............................................................................................................
<br />STATEOF .... ................................... County of ...... R-111 ...............
<br />Before me, a notary public qualified for said county, personally came
<br />James L. Kirschbaum and S'arah Leigh Kirschbaum, Husband and Wife
<br />known to M6.to be the identical person or persons who signed the foregoing instrument and acknowledged the execution
<br />thereof to be his, her.or their voluntary act and d6ed. THOMAS J. C
<br />ORI'L'E
<br />Witness my hand . and notarial seal on .......... O.c.tob.e.r .... 2 . ...... 19.7.5 ............... 19 ... .... ... GENERAL NOTAqy
<br />.. .. ......... .. ... ...... .. ..
<br />aska,
<br />My co, Rpires
<br />mmission expi
<br />r ... _fwa
<br />T :19 1
<br />STATE OF ..... /Z - XIV .......... Entered on numerical index and filed for record
<br />I
<br />51/1 88.
<br />in the Register of Deeds Office of said County the
<br />County ............
<br />at ..................... ... o'clock and .................. Z2 .... minutes ............. ��.M.,
<br />c-,;�/-i5.�,..day of. ......... ......... 19.
<br />....... ..... ...
<br />and recorded in Book ............ Z;71' ............... -..at page ........ //./ ............................
<br />.of....
<br />.................... ....... Reg. of Deeds
<br />By......................................................................................... Deputy
<br />
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