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<br />Huffman and Fellon & Wolf. Walton. Ne. 68461 :i
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<br />52-A-REAL ESTATE MORTGAGE-(Wlth Tax Clause)
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<br />K."IIOW ALL MEN BY THESE PRESENTS: That Eugene A. :::}.nd Gr"lce E Schmitzt Husband
<br />"lnd wife
<br />of Ad.'UlJS County. and Stllte of Nebraska , in consideration of the sum of
<br />Nipeteen Thousand and no/l00-----------(19,OOO.OO)-----------------nOLLARS
<br />in hand paid, do hereby SELL and CONVEY unto
<br />Bank of Doniphan
<br />of HalJ
<br />in Hal]
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<br />The inlenlion being- 10 convey her('by an absolute tille in fee simple. including all Ihe righls of homeslead and dower. !i
<br />TO HAVE AND TO HOLD Ihe premises above described, wilh all the appurtenances Ihereunto belonging, unto the said il
<br />mortgagee(s) and 10 his, her or their heirs and assigns foreve r. provided always. andlhese presents are upon the express il
<br />condition that if the said morlgagor(s}, his, her or Iheir heirs. execulors. adminislrators or assigns shall payor cause to be 'I
<br />paid 10 the said mortg~gee(s), his, her or Iheir heirs, execulors, adm~nistr~lors or assigns, the principal sum of $ 19,000.00 il
<br />payableasfollows,towll:Payments of $1,014.47 beg1.nn1.ng December 5, 1987 for i
<br />twenty one months. Payments sh:::}.ll first be applied to the interest and thei!
<br />b"lance to principal. Final payment due and payable August 5, 1989.
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<br />County. State of Nebr'lsk'l
<br />County. and Stllte of Nebr'3.ska
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<br />the following described premises situated
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<br />. w.wit:
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<br />The West Sixty-eight (68) feet of the East One
<br />Hundred and Fifty-eight (158) feet of Lot Ten
<br />(10) County Subdivisirn of the Village of
<br />Doniphan, Hall County Nebraska, in Section Five
<br />(5), Township Nine (9) North, Range Nine (9)
<br />West of the oth P.M., Hall County, Nebraskq.
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<br />with inlerest according 10 the lenor and dIed of tI... mortgugors written promissory nole bearing ,even date wilh these presents
<br />and shall pay all taxes and assessmenls levil~1 upon said rt'ul l'SIIlI(', and Ull nlher taxes, levies and assessments levied upon this
<br />mortgage or the note 'which Ihis morlgal:e is givl'n 10 Sl'lUrt., hl'fore Ihe same becomes delinquent. and keep the buildings on
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<br />said premises insured for Ihe sum of $ , loss, if any. payable to the said mortgagee, then these presents
<br />to be void, olherwise to he and remain in full fOfl"',
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<br />IT IS FURTHER AGREED (I) Thill if the snit! lIlorlltagor shall fail 10 pay such taxes or procure such insurance, the
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<br />said morlgagee may pay such lax('s and prtH.'Urtl sueh insurnne,,; and Ihe sum so advanced. with interest at per
<br />cent, shall be repaid by said morlgaltor. and Ihis lII1lrtltll!:" shall sland as secunly for the same. '(2) That a laUure to pay any
<br />of sllid money. either principal or inleresl. wlwn Ihe same becomes due, or a fllilure to comply with any of the foregoing
<br />agreements. shall cause Ihe whole sum of money hen'in secured 10 become due and collectible at once at the option of the
<br />mortgagee.
<br />Signed this 29th day of October
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<br />In presence of
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<br />, "8;~~~'1*imm"
<br />.~..~.....,...~..--..............................
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<br />STATE OF .Nebr,lSK1....,.......... . ,County of .... Jla:ll............,.....:
<br />The foregoing instrument was acknowledged before me .~9~l:1. .Q.RY. .Qf. .99.t9.Q~~........ .19$.7."
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<br />by. ............ .......,.. .....
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<br />Eugene A. Schmitz ~nd Gr~ce E. Schmitz,
<br />H~d and~Wt~e
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<br />Si=~~~~'~;d::i':"""
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<br />~" ',........,'," 1lIf, "'.It, ,.., ........, ...
<br />" ' GEOIIGE H. WANI1ICIIlE '
<br />" M1 CotMI. Exp. ,. 21. _
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<br />... Not.q.r.y. ., .. . ..... ... . ,.. ... ... . .. .. . ... .. ."
<br />Title
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<br />...,......,.,..........,day of................................................. 19......, ...... at...........,....................o 'clock and,............ ,.... ...,..." ,.minules ,... '..".."..' ,...', ~t..
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<br />and recorded in Ilook.......................................,.oL............................. ,.....at page..".............................
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<br />.. Rl'It. of fl.....I.
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<br />By...
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<br />D,'puly
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