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0 10 871
<br />53V4—REAL ESTATE MORTGAGE—With Tax Clause The Huffman General Supply House, Liacoln, Nebr.
<br />KNOW ALL ME, N BY THE SE PRESENTS
<br />TI -111 T Louise Schriner, a single person
<br />-tgagor
<br />of Hall Cozinty, and State of Nebraska in consideration ofthc swit of
<br />Five Thousand and no/100 DOLLARS:
<br />in hand paid, do hereby SELL and CONVEY mito Thorvald W. Rasmussen and. Ruth M. Rasmussen,
<br />as joint tenants and not as tenants in conmon with right of sirvivorship
<br />(Mortgagee
<br />of Howard County, and State of Nebraska the following described prentises
<br />situated in Hall County, and State of NebraEka to -wit:
<br />All of the Southerly One -Half of the Southerly One-H.alf
<br />(S;,SJ) of Lot Four.'(4), in Block Forty-five (45), in. the
<br />Original Town, now City of Grand Island, Hall County,
<br />Nebraska, as surveyed, platted and recorded and having
<br />a frontage of 33 feet on Kimball Avenue and a depth of
<br />66 feet.
<br />Inc ase of foreclosure, all expenses to be paid by the-mortga.gor including attorney's
<br />fees
<br />The intention being to . convey.hereby an absolute'tillc in fee simple incll(ding ali:the rights of homestead and dower.
<br />TO HAVE AND TO HOLD the premises above described, with all the appurtcnances thereunto belo;iging
<br />vnto the said mortgagee and to their hcirs and assigns, forever, provided always, and these presents are 1(pon
<br />the express condition that if the aforesaid vzartgagor�,jlm her heirs, excciliors, administrators or assigns shall
<br />pay or cause to be paid to the said inortgage� their heirs, executors, administrators a?- assigns, the sion of
<br />Five Thousand and no /100 'Dollars, payable as f allows, to -wit:
<br />Dollars on the day of rg
<br />Dollars on the day of 19
<br />According -to note given Dollars on the day of 19
<br />herewith Dollars on the day, Of 19
<br />Dollars on the day of ig
<br />with interest thereon at per cont per annion, payable anni(ally.all according to the tenor and effect
<br />of a certain promissory -note of said Lotlise Schriner
<br />bearing cven date with these presents. and shall pay all taxes and assessments levied itpon said real estate, and all other
<br />taxes, levies and assessments levied itpon this ihortgage or the note which this mortgage Is given to seci(re, before the
<br />saine becomes deli?iqi(ent, and keep the buildings on said premises insured for the sum of $ 12000.00
<br />loss, if any, payable to the said mortgagee, then these presents to be void, otherwise to be and remain in full force.
<br />IT IS FURTHER AGREED (i) That -if the said mortgagor shall fail to pay slich taxes or procia:e such
<br />insurance, the said mortgagee may pay sitch taxes and procitre such insurall.ce; and the sion, so advanced, with interest
<br />at 9J per- cent shall be paid by said mortgagor, and this mortgage shall. stand as secio-ity for the saine. (2) That
<br />a failure to paytqny of said inoney, either principal a)- interest when the saine becomes di(e, or a failm-c to comply with
<br />any of the foregoing agreenients, shall calise the whole sion of moncy herein secured to become dite' and collectible
<br />at once at the 6ption of the mortgagee.
<br />Signed this 12th day of November 1.9 75.
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<br />Inpresence of . ............................... ..............
<br />ner
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