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r: L 52.A-REAL ESTATE MORTGAGE-(Wlth Tax Clause) Hev. 78 Huffman and Felton & Wolf. Walton. Ne 68461 I tI .--i- I I I I I of 88- 100793 KNOW ALL MEN BY THESE PRESENTS; That Susan O. Luft of Hall County, and State of Nebraska , in consideration of the sum of Sixty-One Thousand and 00/100------------------------------------------------ DOLLARS in hand paid, do hereby SELL and CONVEY unto Boe1us State Bank Howard Hall Nebraska Nebraska the following described premises situated , to-wit: County, State of County, and State of in South Ten (10) Feet Lot Ten (10) and all of Lot Eleven (11), Block Three (3), Ingalls Turner Subdivision, Village of Cairo. Hall County, Nebraska. TIll' inll>ntion Iwing to ('onvpy hpn'by an absolute title ;n fee si mple. including all the rights of homestl'ad and dower. TO HAVE AND TO HOLD the prpmisps ahove descrihed. with all the appurtenances thereunto belonging, unto the said mortgage<>(s) and to his. her or their Ill'irs and assigns forever. provided always, and these presents are upon the express condition that if the said mortgagor(s), his. her or their heirs, executors, administrators or assigns shall payor cause to be paid to the said mortgagee(s). his, her or their heirs, executors, administrator3 or assigns, the principal sum of $ 61,000.00 payable as follows, to wit: Sixty-One Thousand Dollars ($61,000.00) plus interest of Three Thousand Four Hundred Fifty-Nine and 45/100 Dollars ($3,459.45) for a total of Sixty-Fou~ Thousand Four Hundred Fifty-Nine and 45/100 Dollars ($64,459.45) payable August 6th, 1988. with interest according to the tenor and effed of the mortgagors written promissory note bearing even date with these presents and shall pay all taxes and assessments levied upon said real eslate, and all other taxes, levies and assessment.'! levied upon this mortgage or the note 'which this mortgage is given to se"ure. before the same becomes delinquent, and keep the buildings on said premise. insured for the sum of $ , loss, if any, payable to the said mortgagee, then these presenis to he void, otherwise to be and remain in full force. IT IS FURTHER AGREED (1) That if the said mortgagor shall fail to pay such taxes or procure such insurance, the said mortgagee may pay such taxes and procure such insurance; and the sum so advanced, with interest at per cent, shall be repaid by said mortgagor. and this mortgage shall stand as security for the same. (2) That a failure to pay any of said money, either principal or interest, when the same becomes due, or a failure to comply with any of the foregoing agreements, shall cause the whole sum of money herein secured to become due and collectible at once at the option of the mortgagee. Signed this 8th day of February . 19 88 < - ..-:J~~,~~.~.....(t:.##..................... In presence of Nebraska STATE OF . . . . . . . . . .. . . . . . .. . . . . . . . . . " County of Howard ............................ . The foregoing instrument was acknowledged before me ................. ~~~~~~. .~~~.'. . . . .19 . .~~ . by..... .~~~.~~. ~... .~~~~... .~~. .tnlremarr1ed II I, 'I lj I: RUSSE~L " JENSEN GENFr" ";OTARIAL B:: P,I- STATf ..; :':L~;"ASKA JT ttfHr('~ Title 1: " STATE OF............................ .....} 88. Entered on numprical index and filed for reeord in the Register of Deeds Office of said County the County ..........day of. and recorded in Book.... .. 19 ....of o'clock and... at. .minutes. . ...at page. Hl'g. of Deeds By Deputy ,..--- ...M., / r.,