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Ep! <br />52-A—REAL'ESTATE MORTGAGE—(With Tax I Clause) (Revised 19621 H.2-.1 Genwal &qvly H_. T NAT. <br />KNOW ALL MEN BY THESE PRESENTS: That Frank C andl Janet A. 'Jarecke, <br />Husband and Wife <br />of Hall County, and State of Nebraska <br />in consideration of the sum of <br />.Twenty Three Thousand Five Hundred and No/ 10(--7 ----------------- I— <br />DOLLARS <br />in band paid, do hereby SELL and CONVEY ii�nto The Overland! National �ank of Gr�and Island, <br />of Hall County, St�ate of Nebraska.1 the following described prernises situated <br />in Hall. County, and State of Nebra,�ka t6 -wit..? <br />'All of Lot Nine (9) and the Easterly Forty (40.0) Feet of Lot Eight (8) <br />in Grace Lutheran Church Subdivision, City 61' Grand Is And, Nebraska <br />The intention being to convey hereby an absoluteltitle in fee simple, includii of homestead and dower. <br />lig all' the rights <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 or their heirs and 'assigns forever, provided! always, and the ' <br />1 � se presents are -upon the express <br />condition that if the said mortgagor(s), his, her o�r their heirs, executors administrat�rs or assigns shall pay or cause to be <br />paid -to the said mortgagee(s), his, her or their heirs, executors, administraijlrs or assigns, tbe,!principal sum of $ 23 500 00 <br />payable as follows, to wit: all aC cording to the terms �cf t ! he! pro a-ssory:note. <br />with interest according to the tenor and effect of Ithe mortgagors writte issory note beahng even date with these presents <br />and shall pay all taxes and assessments levied upon said real estate, a . nd alf c2ther taxeos, 'levies' and assessments levied upon this <br />mortgage or the note -which this mortgage is given to secure before the m 11ae becomes delin I <br />r quent� and keep the buildings on <br />L <br />said premises insured for the sum of $ 2 3 , 5 0 0. 0 0 loss, if any )ayable to the said mortgagee, then these presents <br />to be void, otherwise to be and remain in full force. <br />IT IS FURTHER AGREED (1) That if th el said mortgagor shall faill 'to pay such taxes or procure such insurance, the <br />said mortgagee may pay such taxes and procure such insurance; and the sum soiadvanced interest at 11.0 per <br />cent, shall be repaid by said mortgagor, and this r�ortgage *shall stand as ' �lirity, for the e. (2) That a f ailure to pay any <br />of said money, either principal or interest, when i <br />the same becomes due, or. a failure t t1ply with any of the foregoing <br />agreements, shall cause the whole sum of money �herein secured to become Lue L ! ' ti e at once at the option of the <br />and <br />mortgagee. <br />Signedtbis 18thdayof November 19 7,�.l <br />In presence of <br />........................ ............................... <br />.............................................................................................. ! ............. <br />ke7 ... .............. <br />. .. . ........ ... <br />h <br />............................................................................................. ................ .............. .................. . .......... ................................ <br />Nebraska Hall <br />STATEOF ......................................... &Unty of .................................. .................... <br />Before me, a notary public qualified for sai4 county, personally came Frank C. Jarecke and Janet A. <br />Jarecke <br />known to me to be the identical person or persons who signed the fo .. re'o I ing matrt I unent and acknowledged the execution <br />thereof to be his, her or their voluntary act and deed. <br />Witness my hand and tarial seaVW_.LU1-.,31�.NoveTb.er .... 18 ............ . .... ...... 75 <br />......... ...... ..... ...... <br />My commission expires G"MI fthl"40 all <br />...... .................... . :M ... _...t,.Wtary Public. <br />jubF 17- 1272 <br />1 <br />STATE OF ............. �._ - -, 'I .I <br />..... .... Entered <br />on numerical index and filed for record <br />. .. .. ....... i,2 the Register of Deeds Office of said County the <br />County ............................... . ....... <br />....... . . Z.2 ... day 19 ... Z.Y, at ............... �/ .......... of ock i SUA ........ .......... minute�'Z ........ �.g .. .... M., <br />and recorded in BoolL .. . ....... .................. <br />....... at Pw ... ..... a_7 . .. . .............. <br />lFug. Of Deeds <br />........ ........................... Desnity <br />