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52!/Z—SECON'D REAL ESTATE MORTGAGE—With Tax Clause Tilt! Huffman �GCLC�al Supply House, Lincoln, Nebr.
<br />KNOW ALL AMN BY. THESE PE ESENTS:
<br />�19A, 'Norman R�l Grobe and Wanda J. Grobe, hus' and and wife
<br />Of Hil I Cololty aizd State of Nebras�.Ii in consideration df the sunt of
<br />Six Thousand and no/100ths ($6,000.00) ------ ---------- ------- DOLLARS
<br />i;t*ha;id paid, do hereby SELL a)id CONVEY imto Da -Ly. Realty 8! Insurance, 'Inc.
<br />(mortgagee),
<br />Hall Cozoity, aizd State of Nebraska! tl c follo-wbig described promises
<br />of
<br />situated.hi Hall
<br />C0701ty, a)id State of Ne raska t:'
<br />Lot One (1), Block One (1), Gosda'Subdivision, Hall 3ounty, Neb aska
<br />The i)ztc)itio)i bebig to co)ivcy hereby an absolifte title h; fee s;;)Zple all tho rillits of homestead mid do-wer.
<br />J*U HAVE AND. TO HOLD the promises above described, 7uith 'aN the appurtelialices thercimto belonghig wito
<br />the said vzortgagee or viortgageos and to his, her or their heirs mid assigns, forcver)t!p)-cvidcd ahuays, a)id 'these pres-
<br />ents are upon the express condition that if the said mortgagor or vzortgdgbrs, his, hcr'or their hcb-s, executors, admin-
<br />istrators or assigns shall pay or cause to be paid to the said mortgagee or "Ortgagees (bid to his, her or their heirs, cx-
<br />ecittors, administrators or asszg�is, the sion of
<br />Six Thousand and no/100ths ($6,000.00) ............. ....... D'olla -s, payable as follozzus, to -7z -it:
<br />$125.00 Per Month -'First payment: due November 1, l'05 and the irst of each month
<br />thereafter until pa:id in full, h'
<br />owever, the total 'Ainount of 'any
<br />I I unpaid principal
<br />balance plus accrued interest will be due and payab
<br />e in a'balloon paymene. on
<br />1 November 1978.
<br />ivith interest thereo?z at 9% per ceiit per aniiii?ji, payable' $125-00 Mc _zb17y, accort ing to the teiior and off ect of
<br />the promissory note Tvith interest coupoiis attached of said 1110 -1gagors, beariy� cvcn, date Tuith these pres-
<br />ents, fl�jd shall pay all taxes aiid a?iy i7iterest on, or maturbig histallmeids' cf prbicipal,; (life on aiiy. prior viortgage a;zd
<br />assessments levied i(pon said real estate a)id all other taxes, levies and bsSossj)ic?its levic�j. upon this mortgage or the
<br />note which this viortgage is given to socitro, before the same boconz��s" dolinquciit �aiid keep the bzti�ldings o)i said
<br />promises insured for the sunt $ 45,000.00
<br />loss, if any, payable to sz(ch'frst viortga�cl_ls or this niortgagee,. or both,
<br />then these presents be void, othenvise to be aii& remain in fidl force.
<br />IT IS FURTHER AGREED (.i) That if the said Mortgagor shall �fail to pay sit" taxes mid such hiterest 0?1,
<br />or nzaturing histallmeWs of prhicipal, due o; * i any prior niortgage aml proc,tre such i)isura�.icc, thell this mortgagee ntay
<br />pay such taxes fl�id such hiterest on, or viaturbig histallmo;its of prbicipal, � dito o)i sueh rior niortgage aiid procure
<br />such insurance; aiid the sion so advanced -with hiterest at iibie por ce)&s ?cll be paid by srid niortgagor,land this mort-
<br />gage shall stand as securit fok the same. ' (2) That a faili(re to pay a7z of said mon'cy, either prbicipal or hiterest 11
<br />y
<br />this or any prior viortgage, when the same becomes due or a failure to cc ji.,ply -with d7ld of the foregoing agreenzeii0ts,
<br />Shall cause the 7uhole sion of vioney herein secured to become due aizd ollcctable at 0-),zcb at the optio,nof the viort-
<br />gagee.
<br />IT IS FURTHER AGREED That said viortgagoe, poijdhig forocloslire of this M rtgage a;id after decree a?id
<br />pendbig stay thereon or appeal therefro;n aiid pendbig sale of premises v,zortgaged, May ay such taxes tind viaturing
<br />intercstor viaturing installmews of principal, oil prior mortgages, Proci,re such i7isiera'Ice and such sums shall be
<br />I'added to t.he aniou7it dite on decree and upon confirmation of sale by the col:irt orderod taken oid of proceeds of sale;
<br />or if rodeem.cd dzirbig stay, appeal or sale, such � aniounts shall be collect, d the same 'as t zough it uwr� a part of such
<br />decree.
<br />Signed this 31stday of October A9i 5
<br />In Prescizce of
<br />.......................... ...................................................... .............. L
<br />..........................
<br />.... .. CrO
<br />................................................................... ................. ........... .....
<br />.....................
<br />Wanda Gr
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