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<br />52V,—SECO�D REAL ESTATE MORTGAGE—With Tax Clause 11 w 11 1 uffman Gencral Supply House, Lincoln, Nebr.
<br />S:
<br />KNOW ALL MEN BY THESE P SE NT
<br />THAT I or WE Gary L. Mathis and Carol A. Matais husband and wife each
<br />in his or'her own right and as spouse of the'other
<br />of Hall County and State of" Nebras -7n Consideratio?i of the sum of
<br />1;Six Thousand Nine Hundred & 00/100 DOLL.,4RS
<br />in hand paid, do hereby SELL and CONVEY unto Commercial National Bank & Trust Co.
<br />Grand Island
<br />(mortgagee),
<br />of Hall Comity, and Stateo'f Nebraska tire following des�ribcd premises
<br />situated in Hall Counfl,, and State of Nebraska to-wii
<br />View Being a
<br />Lot Four in Block Nine inWe C.
<br />Subdivision of Southeast Quarter'of kDrthwest Quarter
<br />(SE-'4NW-4) d.f Section 17, Township 11 North, Range 9
<br />West of 6�h P.M.2 Hall County"., Nebra Im
<br />The intention being to convey:, hereby an absolide title in fee simple incinding all 'lite r"lits of homestead and dower.
<br />9
<br />TO HAVE AND TO HbLD the promises above desc'ribcd, with all: the'appurtenances theremito :belonging unto'
<br />the said mortgagee or mort ag-ces and to his, her or their licirs and a
<br />9 ss )IS, f9rever, p *ovided always and' these pres-
<br />oits are upon the e.rpress condition that if the said mortgago- or mortgago -s, his, her or:.lheir heb-s, e.rmdors, admin�
<br />istrators or assigns shall pay o cause to be paid to the said j� I
<br />portgagee or W ortjagees and to his, her or 1heir heirs, c.,r-
<br />I 1 00
<br />'Six Thousand Nine Hundred & 00/1
<br />ecittors, administrators or assi�4)is, the sum of
<br />i, -s, payable as follows, to—wit:
<br />— — — — — — — — — — — — — — — — -- — — — Dol a)
<br />i $6,900.00,on the 2.*6th day of April 1976
<br />�zx kXy_XXXXX X
<br />z.vith interest thereon c=xxy,;KxxmXxxDuo.—,m X ',�X according to the tenor,and effect of
<br />, 7T
<br />the one promissory note ?X=�, M<-��, , �f said HoIr gag�ors, bearing even date zetlith these pres-
<br />I ents, and shall pay all taxes and any interest on,:or maturing installments 0 principal, dzie on any prior' mortgage and
<br />Iassessments levied i(pon said real estate and all other ta.res, levies and asses,�men6 levied itpon this mortgage or the
<br />I �del '
<br />I note which this mortgage is given to secure,'before the same becomes inquent and keep the buildings on said
<br />j premises insured for the sion $ loss,' if any, payable to such Ifirst i'nortgagees or this mortg'qgee, oi- both,
<br />then these prese its be void, other -wise to be and remain in fidl force.
<br />IT IS FUR)THER AGREED (i) That if',thc said mortgagor shall I * J'ail to pay such ta.res and szicli interest on,
<br />or maturing installments of pri.ncipal, d7te on any prior mortgage and procure such insitrance, then this )nortgagee may
<br />pay such taxes and such interest oil, or matiti-ing installments of principal) dite � oil sitch � prior mortgag� and procure
<br />I
<br />Such insurance; and the sum s6 advanced with interest at nine per cent s1mll 6e paid by said mortgagor) and this morl-
<br />I gage shall stand.as security for the same. (2) That a failure to pay.an-1p q said money, cither principal or interest oil
<br />this or' any prior mortgage, wlien the same becomes' due or a failure to opiply with any of the foregoilig' agreements,
<br />y J
<br />shall cause the whole sum of jnoney herein secured to become dite and o leclable. at onci? at the optidn of the mort-
<br />gagee.
<br />IT IS FURTHER AGREED That said mortgagee, p'ending forecl siir� of this mortgage and after decree and
<br />pendi�ig stay thereon or appeal ' therefrom and pending sale of premises ii I to -tgaged, may :pay sitch ta.res' 'md maturing
<br />interest or maturing installin6iis of principal, - oil prior in ortgages, procu -c such insurmice and such' simis shall be
<br />added to the.amount di(c on decree and i(pon confirmation of sale by tho bji7t ordered ldkel; out of Procreds of sale;
<br />o?- if redeemed during stay, appeal or sale, such amounts Aall be collecle I' the same as though it 7u'ere a part of such
<br />decree.
<br />S* —(his 2 8 th day of October 2 17
<br />P
<br />p; Presence of
<br />7 .. ........ I ................................. .1z . ................ ..................... .........................
<br />ar
<br />... .... ....... .... .. . ....... .................. 3 . .............. .........................
<br />.......... .................... .........
<br />( I . Ma s
<br />Carol,
<br />
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