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<br />102037
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<br />Hullman and rcllon & WoII. Walton, Ne. 68461
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<br />KNOW ALL MEN BY THESE PRESENTS: That Andrew C. Bohnart and Mary G. I30hnart H & W
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<br />of
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<br />Hall County, and State oC Nebraska . in consideration of the sum of
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<br />Hundred Fifty Thousand Dollars and no/l00ths----------------------------- DOLLARS
<br />paid, do hereby SELL and CONVEY unto Exchange Bank
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<br />One
<br />in hand
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<br />of
<br />in
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<br />County, State of Nebraska
<br />County, and Slate of Nebraska
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<br />the following described premises situated
<br />. to-wit:
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<br />Buffalo
<br />Hall
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<br />'!he Southeast Quarter (SE\) of Section 'lhirty-Four (34), Township 'Ten (10) North,
<br />Range TWelve (12) West of the 6th P.M. Hall County, Nebraska.
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<br />The intention being to convey hereby an absolute title in fee simple. induding all the rights of homestead and dower.
<br />TO HAVE AND TO HOLD the premises above described. with all the appurtenances thereunto belonging, unto the said
<br />mortgagce(lI) and to his. her or their heirs and assigns Corever. provided always. and these presents are 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 />paid 10 the said mortgagce(s). his. her or their heirs, executors. administrators or assigns, the principal sum of $ 150,000. 00
<br />payable as follows, to wit:
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<br />due on the 31st day of IEcember each
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<br />4 equal payments of 21,148.45
<br />annum beginning 12-31-88
<br />and
<br />1 payment of 136,540.67 due 12-31-92, which is a balloon pal~t
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<br />'!HIS IDR'IGN;E IS N:JI' ASSUMABLE, AND t>1UST BE PAID IN FULL UPON TRANSFER OF THE PROPERTY
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<br />nns M:>R'IG1'lGE IS TAKEN AS ADDITIONAL mLLATERAL FOR DEBTS PRF..VIOUSLY mNIRACI'ED
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<br />with interest aoeording to the tenor And effret of the mortgagors written promissory note bearing even date with these presents
<br />and shall pay all taxes and assessments levioo UJlOn said rt>a1 estate, and all other taxes, levies and assessments levied upon this
<br />mortgage or the note .which this mortgage is givl.'n to set:ure. before the same becomes delinquent. and ket:, the buildings on
<br />said premises insured for the sum of S 150,000.00 . loss, if any, payable to the said mortgagee, then these presents
<br />to be void, otherwise to be and remain ill full for('C,
<br />IT IS FURTHER AGREED (I) That if thl.' said mortgagor shall fail to pay such taxes or procure such insurance. the
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<br />said mortgagee may pay such taxes and proC'urc such insurance; and the sum 50 advanced, with interest at 11.25 per
<br />cent. shall be repaid by said mortgagor. and thi!! mortgage shall stand as security for the same. (2) That a failure to pay any
<br />of said money. either principal or interl'st, whl'n thl' Harne becomes due. or a failure to comply with any of the foregoing
<br />agreeml'nts, shall cause the whole sum of mOIll'Y hl'rl'ill secured to become due and collectible at once at the option of the
<br />mortgagee.
<br />Signed this 21 day oC April 19 88
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<br />In presence oC
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<br />....,Ld:';r.:k!~...~..Oo.:!_.__?_.~.~.:_:~~.~.~c.........'n..oo.....Oo.Oo..........
<br />Andrew C. Bohnart.., . }
<br />.Z@~~ri-st2.'~....mm......m.....
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<br />STATE OF . , . . . .Nebr.aska .. . . . . . . . . . .. County of ... .Buffalo. . . . . , . . . . , . . . . . :
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<br />The foregoing instrument was acknowledged before me ,.....,..,....' .@;r:U . ;2,-.,. . . . . . . . . . .19 . .~~.
<br />by . . . . ~4Y;~..<;: . ~~<;1~~ .~d Nary G.
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<br />Bolmart Husband and Wife
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<br />IICIMILJ.IEUAMY
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<br />~:: ~::::::::::::::::::::~::::~::::::::::::::::::::::::::::::::::::::::::: } 88.
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<br />Entered on numerical index and filed lor record
<br />in the Rl'gillter oi Deeds Office of said County the
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<br />...,......,...._...... .day of... ......_ .,., .... .,............................ 19....."...,.. aL..,... ".,...... ,.......,.....0 'clock and.........................., ...minutes .........,...,........ M..
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<br />-.net recorded in Book........................................,.oL..,..,............,..... ............at page.....__..__.......,..........................
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<br />..,Heg. of Dl'Cds
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<br />By,....."..,...........,..,...__.
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