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<br />%9--v 101762
<br />SECOND REAL ESTATE MORTGAGE
<br />KNOW ALL MEN BY THESE PRESENTS: THAT I or WE, Deborah DeFreece and Lois Salyards, as tenants
<br />in common
<br />of Hall County and State of Nebraska, in consideration of the sum of 514,357.62 * * * * * * * * **
<br />Fourteen thousand three fifty seven dollars and 62/100 * * * * * * * * * * * * * * * * * * * **
<br />DOI. LARS in hand paid, do hereby SELL and CONVEY unto AM ERiCAN FAMILY FINANCIAL SERVICES, INC., (mortgagee), of
<br />Douglas County. and State of Nebraska. the following described premises situated in County, and•State of
<br />Nebraska, to -wit:
<br />Lot 8, Block 7, in George Loan's Subdivision to the City of Grand Island,
<br />Hall County, Nebraska
<br />This mortgage.is junior. 4a
<br />1li�G' ialt2r. '
<br />k` $: is a- 'f iist mortgage
<br />This (is) (juW' Homestead Property. ;
<br />The intents m eaebng to convey hereby an absolute title in fee simple including all the rights of wzz6�estead apd dower.
<br />TO HAVE AND TO HOLD the premises above described, with all the appurtenances thereu�34) ftelongiit'lg unto the said mortgage—_ -at
<br />mortgagees and to his, her or their heirs and assigns, forever, provided always, and these presents:;are upon the express condition that if tine
<br />said mortgapz or mortgagors, his, her or their heirs, executors, administrators or assigns shall P:: -,; cause to be paid to the said mortgagee
<br />or mortgageas and to his, her or their Ecr s, executors, administrat zs ,r assi s, the sum of $1� ✓,•357.62 * * * * * ***Fott7etees
<br />eT r_ty�arasa d three fifty seven dollars and. 52J�00
<br />Doan, r,; yard,e as follows, to -wit-
<br />Forty eight (48) Installments; at $378.01 each**.*********
<br />witti interes-, thereon atl2.99 per cent per annum aax:ding to the tenor and erect of the one . �mmissory naic 4ith interest
<br />coupons attac6d of said 1lfortgagon bearing eve-, with these presents, and shall pay ,all taxes, and any interest rri_ or maturing
<br />installments d,principal, due on any prior mortea; e.an6 assessments levied upon said real estate acrd all other tat es, levies aitd assessments
<br />levied upon this mortgage or the note which -th 6 a a:rs a a is given to secure, before the same becomes delinquent and keep the buildings.
<br />of said premises insured for the sum $ 14, 500. fate ** , loss, if any, pa, }c Jnnle to such first mortgagt,x.or this mortgagee", or both,
<br />then these presents be void. otherwise to be, and remain in full force.
<br />IT IS FURTHER AG REL D (1) That if the said mortgagor shall fail to pay such taxes and such interest on. or maturing installments of
<br />principal, du.- on any prior mortgage and Esrc.eure such insurance, then r ii >. mortgagee may pay �ac'•i taxes and such interest on, or maturity
<br />installments of principal, due on such p; dor rnartgage and procure sw cis insurance; and the sum sa advanced with interest at 12.9 per-
<br />cent shall be paid by said mortgagor, and tl„s r rrtchy�_ shall stand as security for the satire (2) That A•failure to pay any of said �r
<br />oney,
<br />either principal or interest on this or any other pr;u +x -z t gage, when the same hecomvy due or a failure to comply with any of the forlgoing
<br />agreements, shall cause the whale
<br />le sum of oney secured to be:ome due and etdle0ihlt-at once at the,�ption of the mortgagee
<br />IT IS FURTHER AGREED That s; d nortgagee, poyiding fon >_!.: wire of this mortgage and :after de erce and pending stay thereon c:'
<br />appeal therefrom and pending sale of premises mortgaged, may pay ! uch taxes and maturing intcrf•st or maturing installments of princip4
<br />on prior mortgages, procure such insurance and such virrrs shall he added to, tln• amount due on decree' and upon confirmation of sale
<br />the court ordered taken out of prmveds of sale; or if redeemed during stav, ap fmal or sale, such amounts shall be collected the same
<br />though it were a part of such decree.
<br />IT IS FItR'f HER AG RELDThat in the event of default of any of the covenants, - r conditions of this instrument the rents of the premises
<br />are hereby assigned to the Mortgagee a-, %tv.:;rity for the payment of the ind: btcdncss securcf tss, ':is agreement.
<br />IT IS FURTHER AGREED That thr,•i tb-r•tgage Note shall ix due and pa}ahlr if the pro krtn , ect to Ibis mortgage is conveyed away
<br />or if title thereto shall be vested in am ,:+,firer
<br />Signed this 31st day of March ltl 8'
<br />esenee of
<br />/..•�^^Z �Ct�.. /.. r :E.r...�S-- r.- •�..... !ti C�!L. .�.. lr �s., .... (SEAL)
<br />IvES� Deborah II F
<br />e r ee
<br />Lois Salya ds
<br />STATE OIF�bF. tilSs .............................. ... t:ourtty of .......... ...............................
<br />Before me, a notary public qualified for said county, personally camte Debooah DeFreece and Lois Salyards,
<br />as tenants in common
<br />known to me to be the identical person or persons who signiA the foregoing instrument and acknowledged the execution the tof to be his,
<br />her or their voluntary act and deed.
<br />Witness my hand and not
<br />aria _� ................. 19�: �� <`
<br />GfiiiP� L F:i�t,4i +.3t! ;� kfitixfi ��j
<br />My commission expires ....... j- i� ... .... .... CH.U1123�i,+Z- 411itH4r. -` `"n^1 of ry Public
<br />County
<br />day of ............. .. ... .... I',f
<br />arid recorded in Rook
<br />of
<br />i'HIS IrSTRI`gfErT IIRAFTI`.ly flY: ___ -_ -�--
<br />I % i9 -'U.I I N I i te^, It S-4
<br />Entered on numerL;tt i -,5r ..,ircf filed for record
<br />in the Register of r$ laid County the
<br />a2 o'dork and minutes M
<br />at page
<br />Reg of Deeds
<br />by i7c•t,nty
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