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171-315
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53V4—REAL E STATE MORTGAGE—With Tax Clause The Huffman General Supply House, Lincoln, Nebr4, <br />KNOW ALL MEN BY THESE PRESENTS <br />THA T Carl Leonard Mayhew -and Susan Arlene Mayhew, husband an� wife, each in his or <br />.�.her own right and as spouse of each other <br />(illortgagor <br />of Hall Cowtty, iind Statc of Nebraska in considcratian. of the smit of <br />Fourteen ilhousand Five Hundred and no/100 -DOLLARS <br />in hwid paid, -do hereby SELL aizd COWEY wito Flomer—Eyans Company <br />(illortgagee <br />of Hall Comity, mid State of Nebraska the followhig described premises <br />to -wit: <br />situated hi Hall Comity, a)zd State of Nebraska <br />Lot Two (2), in Block Four (4),' in <br />Wallichs Addition to the City of Grand <br />Island, Hall County, Nebraska" <br />In case 6f -foreclosure, all expenses to be paid by the mortgagors including attorney's <br />fees <br />The hitoitio;i bebig to co;ivey hereby an absolute 'title in fee simple i?zcludhig all the rights of homestead wid dower. <br />TO HAVE AiVD TO HOLD the premises above described , with all the appurtem)ices therewito behmighig <br />mito the said mortgagee and to their heirs wid assigils, forever, provided always, mid these preseWs are lipon <br />the express coliditio)i that if the aforesaid mortgagors, their heirs, executors, administrators or assi . g2is shall <br />pay or cause to be paid to the said mortgagee their hcirs, executors, ad;izi;zist rators or assigiis, the sum of <br />Fourteen Thousand Five Hundred and no/100 Dollars, payable as follows, to -wit: <br />Dollars o)i the day of 19 <br />-s oil the day of -rq <br />Dollai <br />According to note given Dollars on the day- of 19 <br />Dollars on the - do <br />herewith 'y Of 19 <br />Dollars o)t the day'of 19 <br />with iWerest, ' thereon at 91 per caw per aimum, payable semi- , minitally all accordbig to the te)ior mid effect <br />Of a certabi promissory note of said Carl Leonard Mayhew and Susan Arlene Mayhew <br />bearii;g even date with these preseWs. and shall pay all taxes aizd dsscssmotts levied i(pon said real estate, wid all other <br />taxes, levies wid assessments levied upoiz this mortgage or the iiote qvhidt this mortgage is given to secure, before the <br />same becomes delinqi(e)it, a7id keep the buiidhigs on said promises hisured for the sunt of $ 20000.00 <br />loss, if any, payable to the said nzortgagee, thc)z these preseids to be void, otherwise to be aizd remain in full force� <br />IT IS. FURTHER AGREED (i) ' That if the said mortgagor shall fail to pay such taxes or procure such <br />iiisurmice, the said viortgagee may pay such taxes aijd procure such hisuraiice; wid the sum so advaiiced, with hiterest <br />at p�r coit shall be paid by said mortgagor, mid this mortgage shall staizd as security for the same. (2) That <br />a failure to pay aity of said moizey, either prbicipal or interest when the same becomes dife, or a failure to comPly with <br />a)ty of the foregobig-agreemews, shall cause the whole sion of mo;zey hercht secured to become difo a2ld collectible <br />at wice at the optioit of the mortgagee. <br />Sigi;ed this 27th day of October ig 75. <br />hl Prese)1ce of <br />.................. .. <br />................................................................................................ <br />.. .. .... ...................... <br />e narc <br />........................... <br />Susan Arlene Mayhew <br />.................................................................... <br />............................. <br />
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