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<br /> SECOND REAL ESTATE MORTGAGE � �
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<br /> KNOW ALL MEN BY THESE PRESENTS: THAT I or WE, JOHN L. AND LORI S. SCHRIER, HUSBAND AND
<br /> WIFE
<br /> - -- --
<br /> �:: ,, :�, . -K - -- —
<br /> �� = � BALL - _:. Gout�y a�tct=S'�at�r��`�Ne�lta,in c'�"�a#�e�� '-
<br /> THOUSAND THREE HUNDRED ELEVEN AND 10/100********** ' '' ' '' `°
<br /> DOLLARS in hand paid,do hereby SELL and CONVEY unto AMERICAN FAMILY FINANCIAL SERVICES,INC.,(mortgagce),o `"' '
<br /> Douglas County,and State of Nebraska,the following described premises situated in HALL County,and State of
<br /> Nebraska,to-wit:
<br /> LOT 8, BLOCK 2, IN LE HEIGHTS SUBDIVISON, HALL COUNTY, NEBRASKA
<br /> This mortgage is junior to: •
<br /> A FIRST MORTGAGE WITH NORWEST MORTGAGE
<br /> This(is)�¢�KHomestead Property.
<br /> The intention being to convey hereby an absolute title in fee simple including all the rigHts of homestead and dower.
<br /> TO HAVE AND TO HOLD the premises above described,with all thc appurtenances thereunto bclonging unto the said mortgagec or
<br /> mortgagecs and to his,her or their heirs and assigns,forever,provided always,and these presents arc upon the express condition that if the
<br /> said mortgagor or mortgagors,his,her or their heirs,executors,administrators or assigns shall pay or cause to be paid to thc said mortgagee
<br /> or mortgaoees and Io_his,her nr thrin c�irs,execu?ers, aciuinistator.s or assigns,ihe�sm of �9 T�11.10***********��**NINE -
<br /> THOUSAND ELEVEN AND 10/100************
<br /> Dollars,payable as follows,to-wit: �ENTY THREE (23) INSTALLMENTS AT $193.31 AND ONE FINAL PAYMENT
<br /> Qg 5 *****
<br /> h interes�t ther$on at 7.25 per cent per annum according to the tenor and effect of the ONE promissory note with interest
<br /> coupons attached of said Mortgagors, bearing even date with these presents, and shall pay all taxes, and any interest on, or maturing
<br /> installments of principal,due on any prior mortgage and assessments levied upon said real estate and ali other taxes,levies and assessments
<br /> levied upon this mortgage or the note which this mortgage is given to secure,before the same becomes delinquent and keep the buildings of
<br /> said premises insured for[he sum$ 68,500.00***** ,loss,if any,payable to such first mortgagees or this mortgagee,or both,
<br /> then these presents be void, otherwise to be and remain in full force.
<br /> IT IS FURTHER AGREED(1)That if the said mortgagor shall fail to pay such taxes and such interest on,or maturing installments of
<br /> principal,due on any prior mor[gage and procure such insurance,then this mortgagee may pay such taxes and such interest on,or maturity
<br /> instaliments of principal,due on such prior mortgage and procure such insurance;and the sum so advanced with intcrest at �.25 per-
<br /> cent shall be paid by said mortgagor,and this mortgage shall stand as security for the same.(2)That a failure to pay any of said money,either
<br /> principal or interest on this or any other prior mortgage, when the samc becomes due or a faiiure to comply with any of the foregoing
<br /> agreements,shall cause the whole sum of money herein sccured to become due and collectible at once at the option of the mortgagee.
<br /> IT IS FURTHER AGRE�D That said mortgagee, pending foreclosure of this mortgage and after decree and pending stay thereon or
<br /> appeal therefrom and pending sale of prcmises mortgaged,may pay such taxes and maturing interest or maturing installments of principal,on
<br /> prior mortgages,procure 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 proceeds 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 decree.
<br /> IT IS FURTHER AGREED That in the event of default of any of the covenants or conditions of this instrument the rents of the premises
<br /> are hereby assigned to the Mortgagee as security for the payment of the indebtedness secured by this agreement.
<br /> IT IS FURTHER AGREED That this Mortgage Note shall be due and payable if the property subject to this mortgage is conveyed away or
<br /> if title thereto shall be vested in any other.
<br /> Signed this 9TH day of APRIL , 19 99
<br /> In presence of
<br /> �
<br /> ........................................................ ......�v!'��.�"�!,:�.............. (SEAL)
<br /> WITNESS JOHN L. SCHRIER
<br /> ........................................................ ... ......��C!��.L.`�..�......... (SEAL)
<br /> LORI S. SCHRIER
<br /> STATE OF ...... NEBRASKA................. . County of ..........HALL.... ..... ..... .
<br /> Before me,a notary public qualified for said county,personally came JOHN L. AND LORI S. SCHRIER, HUSBAND
<br /> AND WIFE
<br /> known to me to be the identieal person or persons who signed the foregoing instrument and acknowledged the execution thereof to be his,her
<br /> or their voluntary act and deed.
<br /> . � 9s
<br /> Witness y III n�E�AAQW�A�S�`'a�oQAe6raika' ............... . . .....I.`•.. , l9 . ... . �
<br /> .
<br /> . DENNIS l.ROWEDDER ,f ........... Notarv Public.
<br /> My com ir�,�;Comm:E�fp:May 12;100j............. p.�-'k5�z�?/. . .........
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<br /> FS-05628(NE) CLOSED END.9/91
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