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<br /> 7.��iv;�'���� . �y�'>`r' MORTI�AOS �� �� `�':_=
<br /> {�d tc �,. f'`J (4' �
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<br /> % :���`: . � THIB INDBNTURB, Made and Bxeauted this is� day of July, 1994, " =x
<br /> r;` :.. ..... , . � ..'avrc,-:
<br /> by and between Robert J. Newman and (iayle K. Newtnan, hu�bnnd nmd � ;,,��.�
<br /> ' ;;:',��.,;;,�..,. ,. �` wife, party of the f irst part, and Philip Kr�Et, Jr., party �� the -
<br /> ,:;ti�;' . eecond part. ; "�•:� .
<br /> W=TNBSSET�, that the said party of the firat part, for and in •
<br /> � � ' ooneideration af Forty Thousand ($40,000.00) Dollars, paid by �he
<br /> ,' party af the seaond part, the reaeipt wbereof is hereby �
<br /> � � � �- acknowledqed, has granted, bargained, sold and aonneyed, and by
<br /> ' � � theso preaents, does gzant, bargain, sell and convey, unto aaid
<br /> � .' party of the seaond part, the followinq described real property
<br /> , . . situata in the Couaty of Hall aad State of Nebraska, to-wit:
<br /> - , Block k
<br /> Lot Four (4), Dal� l�oush Seaond 8ubdivision to the City of
<br /> , " Grand Island, Ha].l County, Nebsaska. ,
<br /> �: :;-_ , ,
<br /> � t,-, togeth@r with all the tenements, hereditaments and appurtenanaes to �+ „
<br /> �'��� �� ?'� � � the eamo belonging, and all the estate, title, dower right of � •;
<br /> . "'.,:::'-�.`�;;� .` a ax►d demands whatsoever of the eaid party of the " t�_,;;_.
<br /> . .,., ,.. , ,, c laim �,..,_
<br /> ,. `.+�,ty;,�,,�; � .;t;.:.,: homestead,
<br /> :���.;. � �,�; firs� part of, in car to said premises or any part, thereof= and
<br /> � � `::���,•`� said party of the firat part does hereby aovenant, that eaid party
<br /> i'�;;�,�� � �, of the first part 3s lawfully seieed of said premises, that eaid
<br /> `"?' ' , prem�.e�ee are free from incumbranae exaept eaeemente and
<br /> � � restriations of record, and that eaid party of the firs� part will
<br /> ' `+ warr�nt and defend the title to said premises againat the lawful
<br /> ._ ,L � ala3.ms and demands of a11 person whomsoever they may be, including
<br /> ';::�-t���;'; costa aad reae�onable attorneys fees.
<br /> : .;�.;•'.>t;;,.t'ir -'��� �.
<br /> _ �.,����`,� ' -;,�_�, PROYIDED, ALWAYS� and these presents are upon conditionss
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<br /> '�'.'���; � : � � WBBR8A8, said party of the firet part has exeauted aad • ,
<br /> • �`��� °'���� delivered to said party of the seaond part a promissory note for
<br /> .%.,.,��:��� �� the eame aoneiderati.on dated this date and due on the lat day of
<br /> � � June, 2014, and;
<br /> .;r�,.c ..
<br /> '�`" ;e:. '" �REAB, the party of the first part has agreed to keep the
<br /> ,.t�
<br /> ,'":� �,�t::::��•r:, . ,; buildings, it any, upon said premiEes, inaured in aome aompany or .
<br /> -�51'� � aom anies a Yoved b the art of the second art, for the sum, i.."�� '���`�"•��
<br /> ��` ,.,Y P PP Y P Y P . ,., ���•��.
<br /> • :�":;�'? � not less than Forty Thousand ($40,000.00) Dollars, or the amount F;�,,.�,,;,.;�,°.;.
<br /> � due on the prom3.seoxy notie, whiahever is less, and deliver to said �:.. � , :'�
<br /> ,�;,;,,� �, party of the second part the poliay or polioi.es containing a alauae � ;:� . ^
<br /> � '����-:, ' � with the losa p�yable to said party of the second part, or aesigns, "e:�:�
<br /> ;c. ;.-, . �t�'
<br /> _ . ,;��.. and has agreed to pay all taxes and assescaments agai.net said
<br /> . premisee before the eamo, by law, beaomo delinquent, and has agreed �
<br /> � that if eaid party of the first part doea not provide suah I
<br /> "" ineuzance, or faile to pay all taxee ae aforesaid, then said party (
<br /> � . N� �� of the seaond past, or holder hereof, may pay suah iasuranae and
<br /> �, tauces, or either of them, and all amounts eo paid by said party of :
<br /> the seaond Qart ahali bear intorest at the rate of Fourteen (148) !
<br /> " ~-_��� � . Percent t�er anaum from the date of paymeat, and this mortgaqca gh�11. ,
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<br /> ti atand as seauri�y therefor, and sa3.d sum may be aciaed to �ne amounL ;- �--
<br /> _ '� � � �� � �,' o€ the mortgage dobt, and the same reaovered ae a part thereof. � •
<br /> '�� � Now, if the said party of the first part shnll well and truly pay
<br /> � . •' or cause to be paid the eaid sum of money in said note mentioned, ;
<br /> ,-�:�;,;�, • with interest thereon acaordinq to the tenor and effeat of said
<br /> .> note and shall keep said buildinqe insured as aforeeaid, and shall
<br /> '�•�<.- ' keep all taxea and assesaments paid, and shall duly keep, and .
<br /> •i `;; • , , parform s1I other oovenante and agreements herefn aoatained then .'
<br /> ,. , „ •� � ' these preeents to be null and void. But, if said eum of money or
<br /> � any part thereof, or any interest theroon, is not paid when the : ;
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