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<br /> f~ SECOND REAL ESTATE MORTGAGE
<br /> KNOW ALL MEN BY THESE PRESEN'iS: T14AT I or WE, MARLIN D. HINRICHS AND ANN M. HINRICHS AS
<br /> JOINT TE'NAN'TS
<br /> o f HALL County and &ate of Nebraska, in consideration of the sum of****$25, 086.00******
<br /> ***T',iENTY-FIVE 'THOUSAND EIGHrYSI.X AND NO/100****
<br /> DOLLARS in hand paid, do hereby SELL and 'ONYEY unto AMERICAN FAMILY FINANCIAL SERVICES, INC., (mortgagee), of
<br /> Douglas County, and State of Nebraska, the following described premises situated in MALI. County, ;end State of
<br /> Ncbrasita, to-wit.'
<br /> LOT TWENTY-SIX (26), BLOCK ONE (1), IN BRENTi-OOD SUBDIVISION IN THE CITY OF GRAA'D
<br /> ISLAND, '.-TALL COUNTY, NEBRASKA
<br /> This mortgagc is junior to:
<br />
<br /> 1
<br />
<br /> A FIRST MORMAGE I"ITH e'RINCIRkL FINANCIAL
<br /> This (is)allamestc>rd Property.
<br /> i i The intention being to convey herr,bv an rtbsolute title in fee simple including all the rights of homestead and dower.
<br /> TO HAVE AND TO 1-I01 D the prernlLes above described, with all the appurtenances thereunto belonging unto the said mortgagee or
<br /> 1 mortgagees anti to his, her or their licirs and assigns, forever, provided always, and these presents are upon the express condition that if the
<br /> said mortgagor or mortgagors, his, her or their heirs, executors, administrators or assures shall pap or cause to be paid to the said mortgagec j f
<br /> or ^ta t •t; :end to hT he, or their heir -xxutc s admi.,ist.tor or Fssigns, the sure of ****$25, 086. 00****1 .'ENTY--FZVF
<br /> .t ees "
<br /> TFO1jar1't) EIGHTY-SIX AND NO/100***
<br /> 1 Dollars, payable as fellows, to-wit: SIXTY (60) INSTALLMENTS AT $528.49 EACH***
<br /> with interest tlicreon at 55 per cent per annum according to the tenor and effect of the ONE promissory note with inr_rest
<br /> coupons attached of said 'Mortgagors, bearing even date with these presents, and shall pay all taxes, and any interest on, or maturing i
<br /> I instaiirr cnt~ of principal, due or, any prior mortgage and assessments levied upon said real estate and all other taxes, levies and assessrt.-nts
<br /> levied upon this rnort _.zgrc or the note which this mortgage is given to secure, before the same becomes delinquent and keep the buildings of
<br /> said premises insured' : the sum $ 126, 000.00 loss, if any, payable to such first mortgagees or this mortgagee, or both,
<br /> then these presents be void, otherwise to be and rcmain Tr: full force.
<br /> iT ; 5 T=UR T HER AC7,^.iWED (1) That if the said mortgagor shalt fail to pay such taxes and such interest on, or maturing installments of
<br /> princi -:J, due on art, prior mart} age and procurc such insurance, they this mortgagee may pay such taxes and such interest on, or madurity
<br /> installrr ents of principal; dire on such prior mortgage and procure such insurance; and the sum so advanced with interest at 9.55 per-
<br /> cent shalt lie paid by said me:-rtgagoi, and this mortgage shah stared a_% security ft+r the same, (2) That a failure to pay any ofsaid money, either
<br /> principal or irtrrest [-r. this or any other prior mortgage, when the same bccom s due or a failure to comply with any of the foregoing
<br /> agr crncros, shall causi the whole sum of money hcrcip secured to become d-re and collectible at once at the option of the mortgagee.
<br /> 1 I IT IS I URTHER. AC REED That said mortgagee, pending foreclosure of this mortgagc and after decree and pending stsy thereon or
<br /> appeal therefrow an•d pendinr wale of promises mortgaged, may pay such taxes and maturing i nterrst or maturing installments of pr ncipal, on
<br /> prior mortgages. prc cum such 'insurance and such sums shall be added to the amount due on decree and upon confirmation of sale by the
<br /> court ordered taken out of procx:tds of sale; or if redeemed during stay, appeal or sale, such amounts shall be collected the same as though it
<br /> were a part of such &,=ee. i
<br /> IT IS FURT11FR AGREED 77iat in the event of default of any of the covenants orconditions of this instrument the rents of the premises
<br /> are hereby assig sa3 to 'lie Pdo •gagc^ as security for the payment of the indebtedness secured by this agreement
<br /> 1 IT IS FU R T H k.R RG RIEED That this Mortgage Note shall be due and payable if the property st:bjcct to this mortgage is conveyed away or d
<br /> Tf title thereto sh.Ji vcsted in any other. t
<br /> Signed this 25TH day-of SETF.PNBER 2000 l
<br /> i in presence a: t I
<br /> I
<br /> - - - - - - = 4
<br /> WI-'fTVESS ~ IA' D. HINRICH i '
<br /> V, 1,~ -/t t J . (SEAL) t
<br /> ANN M. HINRICHS i1
<br /> S ; ATE OF N .I3RASIC 4 . . County of HALL
<br /> I3eforc me, a notary pubtic'qualifie.d for said county, personally cams MARLIN D. HINR:ICHS AND ANN M. HINRICHS,
<br /> AS JOINT TENANTS
<br /> TPdIY- t t N
<br /> 1 known to ne to'r the iocntic I peo~~s rego%ng instrument and acknowledged the sxccution thrcccof to be his, her
<br /> or their volunt ry act and d W C'r'm IQ. 1
<br /> 1 ~pt~mb~
<br /> Veitness my hand and nutaria sea on .
<br /> ! *.1v cn r missir.r expi*es: -jj1[ ~ :rte-..... ~L~lt G t.h~ Norarv Puh
<br /> t=tit ,:5('_) CI..Ctt[I7ttit7.`;'~i
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