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<br />89
<br />[" SECOND REAL ESTATE MORTGAGE
<br />MM ALL MW pgTRA DORTSCHHyhusband and wife, MILLER and
<br />State offTINA
<br />Nebraska, in consideration of
<br />- -TWMM -SIX THOUSAND NINE HUNDRED TEN DOLLARS and SEVENTY -TWQ
<br />CgNTS -- ($260910.72),
<br />in hand paid, do hereby SELL AND CONVEY unto DELMAR L. GARRELTS
<br />and NONA A. GARRELTS, husband and wife, joint tenants as to -an
<br />undivided one -half interest,.and JOHN J. MCGOWAN and DOLORILS-K.
<br />McGoWAN, husband and wife, joint tenants as to an undivided one
<br />half interest,
<br />of Hall County, and State of Nebraska, the followingTdeseribed
<br />premises situated in Hall County, and State of Nebraska, to -wit:
<br />Lot One (1), Island Acres Number Eleven (11), in-the
<br />City of Grand Island, Hall County, Nebraska, comprising
<br />all of Lot One (1), Island Acres Number Six.(6), a
<br />replat of Lots Nineteen (19) and Twenty (201, Island
<br />Acres, City of Grand Island, Hall County, Nebraska,
<br />except that part described as follows: Beginning at
<br />the Southeast corner of Lot One (1), Islanal,Acres
<br />Number Eleven-(11); thence westerly Thirty -Two (32)
<br />Feet along and upon the South- line of Lot One (4) ,
<br />Island Acres Number leven'.11l); thence Northerly
<br />Parallel-to the East.line of Lot One (1);r_Island Acres
<br />Number Eleven (11)t ` a distance ox vne isitutc%�a r ii LY -T..:.
<br />4 and Three Hundredths (152.03) Feet; thence Easterly
<br />parallel to the South line of Lot.oae (1), Island Acres
<br />Number Eleven (11) ; distance of- Thirty -TILVo ( 32) Feet;
<br />thence Southerly along and upon'the East line of Lot
<br />One (1), Island Acres Number Eleven (11), a distance of
<br />One HundrecE "Fifty -Two and Three Hundredths (152.03), to,
<br />the .point of begij i. g-
<br />The beCg to convey hereby an absolute title in fee:.
<br />simple.
<br />TO HAVE AND TO HOLD the premises.above;.:d4scribed, with all
<br />the appurtenances thereunto belonging, unto the said mortgagees
<br />and to their heirs and assigns forever provided always, and these
<br />presents are upon the express edudition that if the said
<br />mortgagors, their heirs,,.executors, administrators or assigns
<br />shall pay or cause to be paid to the same mortgagees, their
<br />heirs, executors, administrators or assigns, the principal sum of
<br />$26,910.72, payable as follows:
<br />Data: Interest Principal
<br />August 1, 1990 $ 2,691.07 -0`
<br />August 1'.1991 2,691.07 -0-
<br />August 1, 1992 2,691.07 -0-
<br />August 1, 1993 2,691.07 -0_
<br />August 1, 1994 2,691.07 $ 26,910.72
<br />with interest according to the tenor and effect of the mortgagors
<br />written promissory note bearing even date with these presents and
<br />shall pay all taxes and assessments levied upon said real estate,
<br />and all other taxes, levies, and assessments levied upon this
<br />mortgage or the note which this mortgage is given to secure,
<br />i before the same becomes delinquent, and keep the buildings on
<br />1—. said premises insured for the sum of $112,500.00, loss, if any,
<br />payable to the said mortgagees, then these presents to be void,
<br />otherwise to be and remain in full force.
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