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<br />;, r'S2-BEAL ESTATE MORTGAGE-(Wl!h Tax Clause)
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<br />88- 101032 Huffman and Felton & Wolf, Wallon, Ne, 68461
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<br />KNOW ALL MEN BY THESE PRESENTS: TIIai ALVIN SEKUTERA
<br />
<br />of
<br />
<br />S HEIlMAN
<br />
<br />County, and State of NEBRASKA
<br />
<br />, in consideration of the sum of
<br />
<br />TWENTY-FIVE THOUSAND ($25000.00)
<br />
<br />DOLLARS
<br />
<br />in hatld paid, do hereby SELL mid CONVEY unto
<br />
<br />of
<br />in
<br />
<br />SHERMAN
<br />HALL
<br />
<br />DALE KUCERA
<br />
<br />County, State of NEBRASKA
<br />County, and State of NEBRASKA
<br />
<br />the following described premises situated
<br />, to-wit:
<br />
<br />
<br />ALL OF MY UNDIVIDED ONE-HALF INTEREST IN AND TO:
<br />
<br />LOT EIGHT (8) in"BUCK SUBDIVISION" , LOCATED ON
<br />PART OF THE SOUT~WEST QUARTEffi (SWi) OF SECTIDON
<br />TWO (2), IN TOWNSHIP ELEVEN(ll) NORTH, RANGE
<br />TEN (10) WEST OF THE SIXTH P. M.
<br />
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<br />The intention being to convey hereby an absolute title in fee simple, including all the rigltts of hmnestead and dower.
<br />TO HAVE AND TO HOLD the premises above described, with all the appurtenances thereunto belonging,
<br />unto the said mortgagee ( s) and to his, her or their heirs and assigns forever, provided always, and these presents are
<br />upon the express condition that if the said mortgagor(s), his her or their heirs, eJ;ecutors, administrators or assigns
<br />shall payor cause to be paid to the said mortgagee(s), his, her or their heirs, executors, administrators or assigns, the
<br />principal sum of $ payable as follows, to wit:
<br />
<br />TWENTY ANNUAL PAYMENTS OF TWELVE HUNDRED FIFTY DOLLARS,
<br />PAYABLE IN THE MONTH OF APRIL, PLUS INTEREST AT THE RATE
<br />OF TEN PERCENT ANNUALY, EACH YEAR AND UNTIL THE ENTIRE
<br />AMOUNT IS PAID...
<br />
<br />with interest according to the tenor and effect of the mortgagors written promissory note bearing even date with these
<br />presents and shall pay all taxes and assessments lli'"vied upon said real estate, and all other taxes, levies and assessments
<br />Inned upon this mOl-tgage or the note which this mortgage is given ~t>:'.f~f1ii#:'iJitiftii..~the1iiin...i -:b.l!co~es delir.quent, and
<br />keep the buildings on said premises in~red for t~e sum of $ I. .~~ _ ,~';:i~ ~' ttJl!'t,:!f';~~~, 'tayable to the said
<br />mortgagee, then these presents to be vOJd, othenmse to be and remdJn,!fff",'f<.rf!.J!~; , ^..:'.~::~.":~. :'.J
<br />IT IS FURTHER AGREED (1) That if the said mortgagor shall fail to pay such taxes or procure such in-
<br />surance, the said mortgagee may pay such taxes and procure such insurance; and the sum so advanced, with interest
<br />at per cent, shall be repaid by said mortgagor, and this mortgage shall stand as seCl4rity for the same.
<br />(2) That a failure to pay any of said money, either principal or interest, when the same becomes due, or a failure to
<br />comply with any of the foregoing agreements, shaJl cause the wh.:Jle sum of money hel'ein secured to become due and
<br />collectible oJ once at the option of the nwrtgagee.
<br />
<br />, Signed this 20th day of April
<br />
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<br />
<br />, 19 87 !) /) ---r
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