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52—REAL ESTATE MORTGAGE—(With Tax Clause) )AICROFILMEI) The Huffinnn General Supply House, Lincoln, Nebr.' <br />—0—A <br />KNOW ALL JITEN BY THESE PRESENTS: That Lester L. Cowell and Barbara A. <br />Cowell <br />of Hall County, and State of Nebraska in consideration of the sion of <br />Two thousand and fifty and no/100 ----- * ------------ ($2, 050. 00bOLLARS' <br />in hand paid; do hereby SE:LL and CONVEY mito Five Points Bank <br />of Hall Comity, State of Nebraska the follow.big described premises situated <br />in Hall County, and State of Nebraska to -wit: <br />Northerly 89 feet of lot four (4) in Block 141 Union Pacific <br />Railway Co's 2nd addition to Grand Island, Nebraska. <br />The intention being to co?jvcy 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 thereunto belanging, <br />imto the said mortgagec(s) and to his, her or their heirs and assigns forever, provided always, and these presents are <br />lipon the exp�ess 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 mortgagee(s), his, her or their heirs, exec i(tors, adin in istra to rs or assigns, the <br />principal sz(.?;' .,Of $ 2 , 0 5 0 . 0 0 payable as follows, to wit: <br />with interestaccording to the tenor and effecit of the mortgagors writtol, 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 i(pon INS mortgage or the note which this mortgage is given to secure, before the same becomes delinquent, and <br />keep the build ings on said premives insured for the sum of $ 10, 000 . 00 loss, if any, payable to the said <br />.' . �"' b <br />mortgagee, then thep--pr�i�hts to e void, otherwise to be and remain in full force. <br />I,T-JS -ZI&IffiAR-!.;iG'R'EED (i) That if the said mortgagor shall fail to pay stich taxes or procure such in* <br />sufdnie,-the iai`4.yorjgh!':-' may pay such taxes and procure such insurance; and the sum so advanced, with interest <br />.1 gee <br />at cent, shall -be repaid by said mortgagor, and this mortgage shall stand as security for the same. <br />(2) That a failitre to pay any of said money, either principal or interest, when the same becomes due, or a fdilure to <br />comply with any of the foregoing agreements, shall cause the whole sion of money herein secured to become dite an'd <br />collectible at once at the option of the mortgagee. <br />Signed,this 14th day of Oc�ober. ig 75 <br />In presence of . ...... <br />T <br />............... ................................. .... (f�a.z, <br />................................................. <br />................................................................................................ ........................ <br />