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511,15 <br />52-A—REXL ESTATE MORTGAGE—(With Tax Clause) (Revised 1962) 711c Huffnian General Supply House, Lincoln, Nebr. <br />-- --------- --- <br />7 <br />kNOW ALL MEN BY THESE PRESENTS: That Warr�n B.'Garre'-t and Theresa �1. GarrLtt- Husband <br />and Wife,'each individually in his'andhe�- own righ,t and a's spouse of the bth <br />er, <br />of Hall County, and State of Nebraska in consideration,of the sum of <br />FIFTY THOUSAND AND NO1100 ------ 7 ------------ -------- - ------------------- DOLLARS <br />in hand paid, do hereby SELL:and CONVEY U'iito The First Nat* ial: Bank of� Grand Island., <br />of Hall County, State 'of Nebraska tile following described p: remises situated <br />in Hall County, and State of Nebrasca to -Wit:. I <br />Lot Two (2), Webb Road Subdivision to the City 0 -Grand Isl�nd, <br />Hall County, Nebraska, except that par�t of said Lot � Two (2) '�for <br />the location of Storm Draina-e Cell "A�2", being the west three <br />hundred twenty-s�ven (327) feet, or 99.670 mete e north <br />.six hundred fo <br />rt� (640) feet, -or 195.072 meters, of�the south <br />ei-ht hundred ninety (890) feet, or 27-,1.272 meteis,isubject to <br />easements of record. <br />The intention being to convey 11'ereby ,in absolute title in fee simple, including all;the rights of homestead al1d dower. <br />TO HAVE AND TO HOLD the premises above described' with all tile a� <br />I ppur,tenances thereunto helongid.g, unto the said <br />mortgageL(s) and to his, her oi� their heirs and assigns forever, provided ah ays; and these presents are u![)on the express <br />condition that if the said niortgagor(s), his, her or their licirs,:exeictitors, adm nistmtors or assigns shall pay! or.. <br />cause to be <br />paid -to tile said mortgageo(s), l.iis, her or their heirs, executors, adlninistratl�s or a ; ssigns, the principal sum of$ 501,000. 00 <br />payable as follows, to wit: <br />with interest according to the tenor and effect of the inorigagirs written pr issoiy note bearilig even date wi - th'these p'resents <br />and shall pay all taxes and asst:.�sments levied uj-)on said real cMate, and all (01er 61xes, levies'prid assessments! levied upon this <br />mortgage or tile note -which this mortgage is given to secure, 'before the samc be�onies delinquent, and h-cep'tilb buildings on <br />said promises insured for the 91 ! mi Of S 50 000. 00 loss, if any, )ayable to the said mortgagee, tli�n -these p resents <br />to be void, otherwise to he and remain in fuh force. <br />IT IS FURTHER AGREED (1) That if the said mortgagor shall fail tc pay such taxes or rocure such insurance, the <br />I P <br />;sqid mortgagee may lmy such t'axes and procure such insurance; and tile Still so!advanced, N�itli interest at 1� <br />nine per <br />;cent, sliall be repaid by said mortgagor, and this mortgage S'liall stand as security f I or the same. (2) That a failure to pay any <br />of said.money, either principal.or interest, whed tile same be�omes due, or failure to comply with any bf the foregoing <br />agreements, shall cause the whole sum of money'lierein secured to become e 'and collectible at once at the option of the <br />mortgagee. <br />Signed this. 2 9 th day of October 119 75 <br />A, / <br />In presence of <br />.... . ....... .. y ------ ....... <br />Warreq/ B. Gar,2�e*E*F­ <br />........................................................... ; .................................................. ......... z&w ....... i ......... . .. ....... <br />resa K—Garrett <br />................................... ................................................... ................. ....... .............. ................................... .............................. <br />NEBRASKA HALL <br />County of .................................. <br />............................ ....................... ....... ......... <br />f"' I ',,4t'notary public qualified for said county, personally came 1��rr6n B. <br />e pro ...me <br />Garrett and <br />'j Q, <br />eresa M. Garrett <br />knbkryn""��'(* o to b6the identical person or persons who signed the for instrument and acknowledgqd the execution <br />to , "R 9' <br />thef - e Ai or their voluntary act and deed. <br />Pr <br />sb, his, <br />Octob 9 <br />itness-my <br />W* _lid d and nota.rial seal on ........................................ ... ......... <br />�;,A�-,commisslnl e -%Pi �s: ...... P!�6ember ... 30 .. .......... <br />................ ..... .. 19 ... ... .... /,: ..... .. Notary Public. <br />or. <br />Entered on numerical index and: filed for record <br />ss. <br />........ . i I n � the Register of Deeds Office ofl said Count the <br />i -County .......... ....... <br />Z) <br />........ �./ .. day of .............. . ............ 19 .... at .................. ........ 0 cl ock and ........... <br />.... .... 7 .. minutes ................. e ... M., <br />orded in Book ............. <br />and rec' ................... of .... .. .. . . "....at page ..... ..................................... <br />. . .............. <br />.... Reg. of Deeds, <br />B <br />y ....... ......................... Deput <br />.. ...................................... <br />............ y <br />