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<br /> -° � � 99 109209 �
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<br /> SECOND RE�,I. ESTATE MORTGAGE -
<br /> _ - __�.---- � .��__—__—.____ ---. �S`
<br /> KNOW ALL MEAI BY THESE PRESENTS: THAT I or WE, GARROLL J. SCHRIER, �
<br /> of �p I, County and State of Nebraska,in consideration of the sum of $$,618.00******EIGHT
<br /> THOUSAI�TI3 �IX HUNDRED EIGHTEEN AND NO/100********
<br /> DOLLARS in hand paid,do hereby SELL and CONVEY unto AMERICAN FAMILY FINANCIAL SERVICES,INC.,(mortgagce),of
<br /> Douglas County, and State of Nebraska,the following described premises situated in �LL County,and State of
<br /> Nebraska,to-wit:
<br /> SUNSET 5TH SUBDIVISION, LOT 7, HALL COUNTY, NEBRASKA
<br /> 4 '
<br /> This mortgage is junior to:
<br /> This(is)jyi�HomesfeadFroperty ORTGAGE
<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}�rernises above described,with all the appurtenanc;es tltereunto belonging unto the said mortgagee or
<br /> mortgagees and to his,her or their heirs 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 assigns shall pay or cause to be paid to the said mortgagee
<br /> or mortgagees and to his,her or their heirs,executors,administators or assigns,the sum of$8,618.00*************EIGHT
<br /> THOUSAND SIX HUNDRED EIGHTEEN AND NO/100***********
<br /> Dollars,payable as follows, to-wit: FORTY—EIGHT (48) INSTALLMENTS AT $209.38 EACH***
<br /> with interest thereon at ],]5 per cent per annum according to the tenor and effect of the ONE promissory note with interest
<br /> coupons attached of said Mortgagors, bearing even date with these presents, and shall pay all taxes, and any interest on, or maturing
<br /> installments of principal,duc on any prior mortgage and assessments levied upon said real estate and all other taxes,levies and assessments
<br /> levied upon this mortgage or the note which this mortgage is given to secure,before the same becomes delinquent and keep the buildings of
<br /> said premises insured for the sum$ $,600.00**** ,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 mortgage and procure such insurance,then this mortgagee may pay such taxes and such iqterest on,or m�turity .,.
<br /> installments of principal,due on such prior mortgage and procure such insurance;and the sum so advanced with interest at �`:�75�� 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 same becomes due or a failure to comply with any of the foregoing
<br /> agreements,shall cause the whole sum of money herein secured to become due and collectible at once at the option of the mortgagee.
<br /> IT IS FURTHER AGREED That said mortgagee,pending foreclosure of this mortgage and after decree and pending stay thereon or
<br /> appeal therefrom and pending sale of premises 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 /> I if title thereto shall be vested in any other.
<br /> Signed this gTg day of SEPTMEBER � 19 99
<br /> i In presence of �/j?��/
<br />� � ;f. . . � ......
<br /> ........................................................ . . .......... .. ... .... (SEAL)
<br /> WITNESS CARROLL J. SC IER
<br /> ........................................................ ........................................... (SEAL)
<br /> STATE OF .......NF.BRFISKA................ .County of ..HALL.......................... .
<br /> Before me,a notary public qualified for said county,personally came CARROLL J. SCHRIER
<br /> known to me to be the identical person or persons who signed the foregoing instrument and acknowledged the execution thereof to be his,her
<br /> or their volunta '"
<br />� GENERAL NOTARY•State of Nebraska ''
<br /> Witness my h nd not���q�l�o}�OWEDDER• •••• �-- °��'•'��•�• , 19 . ��.
<br /> . � �'�
<br /> � „
<br /> My Comm.Exp.May 12,2001 � �.,�.� � �4��4,•`"`:`T• '� �,. ( � ��
<br />' . . - ...�..`.`:`:'�`�:�'�otarv Public.
<br /> My commission •••• •• •
<br /> FS-05628(NE) CLOSED END.9/91
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