;010666
<br />52-A�–REAL ESTATE MORTGAGE—(Witli Tax Clause) (Revised 1962) 'nie Huffinan General Supply House, Lincoln, Nebr;-
<br />KNOW ALL'MEN BY THESE PRESENTS: That4i DERYL E. BAYNE AND HELEN M. BAYNE, HUSBAND AND.
<br />14IFE
<br />of Hall' County, and State.of Nebraska in consideration of tile sum of
<br />Thirteen Tfiousand.Five Hundred -arid no/100 ------------ -------------------------- DOLLARS
<br />in ]land paidido bereby SELL and CONVEY unto
<br />THE FIRST NATIONAL BANK OF GRAND ISLAND
<br />of Hall.i County,: State of Nebraska the following describe , d premises situaf I cd
<br />in Hall County, arid State of Nebraska to -wit:
<br />Q')
<br />Lot.Fourteen (14) in Block three (3), Normandy Estates, an addition to the CitAp,1
<br />of Grand Island, Hall County, Nebraska.
<br />ad and dov�cr.
<br />The intention being to convey hereb\ an absolute title in fee.simple, including all the rights of lionleste,
<br />TO HAVE AND TO HOLD the premises above described, with all the . appurtenances thereunto belonging, unto the said
<br />mortgagee(s) and to his, her ortheir heirs and assigns forever, provided always, Old thesv- presents are" upon tile express
<br />condition that if the said niortgagor(s), his, her or their heirs, executors, administrators or assigns shall pay or cause to . be
<br />Paid to tile Said. mortgagee(s), his, her or their.heirs, executor s, adininistrators or assigns, the -principal sum of $ 13, 500. 00
<br />payable as follows; to wit:
<br />To be paid in 240 equal installments of One Hundred Eight and 76/100 Dollars
<br />($108,76) per month commencing November 1, 1975; with the final installment
<br />of p�incipal and interest due October 1,.1995. -
<br />and effe( ate* -se presents
<br />.vitlr-interest according to the tenor A of the niortgagors written pronlissor% note hearing even (1, . with thL
<br />and shall pav all taxes and assessnients luvied upon said real estate, and all 6ther taxes, levie.,; and assessinents; levied upon this
<br />mortgage or -the note -which this mortgage is given to secure, before the same beconles delinquent, and 1w0p tile buildings Oil
<br />said prernises'. iiisured for tile SUM Of S 13, 500. 00 loss, if my, payable to the said mortgagee, then these preserits
<br />to be void, of,herwise to he and reninin in full force.
<br />IT IS FURTHE'R AGREED (1) That if the said mortgagor shall fail to pay such taxes or procure such insurance, the
<br />said mortgagee may pay such taxes and procure such insurance; and the slim so advanced, with interest at nine pi,)r
<br />I -i failure to pay ijly
<br />cent, shall be -repaid b,� said mortgagor, and this mortgage shall siand as security for the same. (2) That ,
<br />of said money, either principal or interest, when the same b6conies due, or a failure to comply with any of ' the foregoifig
<br />aIrreements, shall cause the whole slim of molleY heicin secured to beconle due and collectible at once at the option of the
<br />mortgagee.
<br />Signed this Ist (lay of October 19 75
<br />In presence of
<br />X61�1-u ......................................
<br />ery
<br />D .... I �,Ll' i�6'
<br />en�4ne . . . . .................................................
<br />Hall
<br />.Nebraska
<br />STATE*OF .... ........................................................... I County of .........................................................
<br />Before me, a notary public qualified for said county, personally came
<br />DERYt-E. BAYNE AND HELEN M. BAYNE
<br />known to me to be the identical person or persons who signed the foregoing instrument and ac tion
<br />I . : --,
<br />thereof to be his, her or their voluntary let and deed. t-1
<br />Witness my ]land and notarial scal on ................ Qr,.t.Oex ........................ /" ......... 119 ... 7.5 ..... 6"
<br />%C\
<br />My commission expires: .................. lqf� ............... '1&.-�-ZC-12aL:;6 ... ..
<br />�F
<br />STATE OF..*..Z.4.e-. ...................
<br />........ Entered oil numerical index and filed for record
<br />ss.
<br />ee– in the Register of Deeds Office of said County tile
<br />County.... ....... ........................................
<br />...... �:�--,eeoay of ....... ...L at .............. �:P .............. o'clock and .......... 0 .. ......... minutes ....... (J71 ..... M.,
<br />and recorded' in Book ............. J .. 7� ................... page ......... :1 -
<br />a t 51
<br />.............
<br />...... Reg. of Deeds
<br />.. 54.
<br />By.......................................................................................... Deputy
<br />
|