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<br />52.A-REAL ESTATE MORTGAGE-(With Tax Clause)
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<br />() 100607
<br /><60 ...-
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<br />Hull","n and felton & Wolf. Walton. Ne 68461
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<br />r-
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<br />KNOW ALL MEN BY THESE PRESENTS: That Fred W. Rauch and Margaret L. Rauch,
<br />Husband and Wife,
<br />of Hall County, and Stnle of Nebraska . in consideration of the sum of
<br />Twenty seven thousand seven hundred and no/100 DOLLARS
<br />in hand paid, do hereby SELL and CONVEY unto Bank of Doniphan, Doniphan,NE
<br />
<br />of
<br />in
<br />
<br />Hall
<br />Hall
<br />
<br />County, State of
<br />
<br />County, and State of
<br />
<br />Nebraska
<br />Nebraska
<br />
<br />the following described premises situated
<br />
<br />, to.wit:
<br />
<br />.]
<br />i
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<br />Itrmt'snd FOtHIft1l)it1 ht,ttNlUer "I loti". the rell prore,ty- de!c:r.bed n follows. A tract of lard lq;atm. in the 9:uul'?iJst Q\l\rter (}f the o..rtn-
<br />"I2llt qoJarter (SEttloltl of Sect.lcn T.>mt.y-Qle (2 ), 'fu-nship Elevl'!l (11) I'brth. llMqe NlI1e (9) IiesL of U1a 6th P.M.. flI)te pnt i;:u-
<br />t.uly deetTibed IIlI (alleMIl ~imlrq at a p:>\nt en tile !UJth side of Nna str9>t of the City of Grard Islam. I-.l?bra"ka. 15 feet
<br />east of tile ~ side of Jac:ksa1 Street exten:led eart:herly, said p:>int is al90 1010 feet ~rly fran a p:>lnt "''''.Ie t)lP sooth-
<br />erly line of Nna street intersects the ffim. line of Ule sootheast Q,.nrlP..r of the rort~t quarter (S1:lfoMl) of Sectien "".""ty-ttlC
<br />(21). In 'fuo.mhip El"""" (11) Ibrth, llMqe Nine (9), \'est of the 6th P.M., ll1mce rmnirq in a sootheasterly .lirect.ien prraJlel
<br />with the ....sterly lirE of Jacks:n Street as exterded a distance of 215' thrno. runinJ right CO degree<; in it .on,tm.o;,S>_">r1y dj r<!d.ial
<br />213.9 feet to B p:>int U1at is aloo 251.2 feet fran a p:>int al the east prq;ert.{ line of Ule Carlty 1b3rl, thence runnirxJ right 90
<br />deqrees alcnq a line prraUel with the >>>st line of Jacksr::<1 Street as ext.erda:l, a distance of 121 feet. thence right 90 degrO?"S alcrq
<br />B lire pmUlel with the SCJJth line of Nna Street 93.1 feet. ~ ri<1tt 121 feet al.crq a line parall,'l with the IOE!St. line of
<br />JacI<scn street "" extaded to Closure. said Closure In'IStitutin:J a tract of lan:l 121 feet by 93.1 feet.
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<br />The intention being to convey hereby an absolute title in tee simple. including all the rights of homestead and dower.
<br />TO HAVE AND TO HOLD the pn.mises above described, with all the appurtenances thereunto belonging, unto the said
<br />mortgagee(s) and to his, hl'r or tlll'ir heirs and assigns forever, provid"d always. and these presenis arc upon the express
<br />condition that if the said mortgagor(s), his, her or their heirs, executors. administrators or assigns shall payor cause to be
<br />
<br />paid to the said mortgagee(s), his, her or their heirs, executors, administrators or assigns, the principal sum of $ 27,700.00
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<br />payable as follows, to wit: primossory note of this date payable @ $350 per month for 60 months,
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<br />final payment January 20, 1993.
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<br />In presence of
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<br />
<br />
<br />..
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<br />with interest according to the tenor and effect of the mortgagors written promissory note bearing even date with these presents
<br />and shall pay all taxes and assessmen,s levied upon said real estate, and all other taxes, levies and assessments levied upon this
<br />mortgage or the note 'which this mortgage is given to seeure, before the same becomes delinquent, lUld keep the buildings on
<br />
<br />said premises insured for the sum of $ , loss, if any, payable to the said mortgagee, then these presents
<br />to be void, oth,rwise to be and remain in full force.
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<br />IT IS FURTHER AGREED (1) That if the said mortgn gor shall fail to pay such taxes or procure such insurance, the
<br />
<br />.aid mortgagee may pay such taxes and procure such insurance; and the sum so advanced, with interest at 9 per
<br />cent, shall be repaid by said mortgagor. and this mortgage shall stand as sec ty for same. (2) That a failure to pay any
<br />of said money, either principal or interest. wh('n the same becomes due, 0 a failure t comply with any of the foregoing
<br />agreements, shall cause the whole sum of mo"ey herein s('cured to become ue and 011 tible at once at the option of the
<br />mortgagee.
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<br />Signed this 20th day of January , 19 8
<br />
<br />STATE OF . . . . . N.e.lg?!l,~<l. . . . . . , . . . . . ., County of ....... aflJJ. .
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<br />The foregoing instrument was acknowledged before me .....J <l\1J.1.1H'Y. 2Q, . . . . . . . . . . . . . . . . . . .19 . .9.9. .
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<br />by ,,~~~Q.W,.R~M~h.aAd.~a~garet L. Rauch
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<br />611lERAl ~OUII' -SIIIt" !lIbl"'"
<br />GEORGE H. WANITSCHKE
<br />My CoIlUll. Exp. f.b. 27. 1988
<br />
<br />.~~./j..IJ:~..,.....
<br />Signature of (fer son Taking Acknowledgment
<br />. . . . . . . . Np.t.ary. .P.ubl:Lc. . , , . . , . . . . . . . . . . . . . .
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<br />Entered on numerical index and filed for record
<br />in the Register of Deeds Office of said County the
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<br />County
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<br />and recorded in Book
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