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<br />
<br />KNOW ALL MEN BY THESE PRESENTS: That rroIS R. SCHIPMAN and JANE A. SCHIPMAN I husband
<br />and wife,
<br />
<br />Hall County, and State of Nebraska . in consideration of the sum of
<br />Seven Thousand Five Hundred Doll3rs ($7,500.00) --------------------- DOLLARS
<br />in hand paid, do hereby SELL and CONVEY unlo PHILIP B. HAZEN and ARLENE E. HAZEN, husband
<br />and wife, jointly, with rights of survivorship,
<br />Hall County, State of Nebraska
<br />Hall County, and Stilte of Nebraska
<br />
<br />of
<br />
<br />of
<br />
<br />the following described premises situated
<br />. to-wit:
<br />
<br />in
<br />
<br />11
<br />
<br />lot Eight (8), Block Seven (7), Koehler Place,
<br />an Addition to the City of Grand Island, Hall
<br />County, Nebraska.
<br />
<br />11
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<br />
<br />SUbject to a prior mortgage in favor of the Equitable Building and Loan
<br />Association in the principal sum of $30.000 00, recorded in the Hall
<br />County ReJister of De€ds Office, Docket # J"'..f"- /~.;? eP6,k.
<br />
<br />The intenlion being to convey hereby an absolute title in fee si mple. including 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 />mortgagee(s) and to his, her or their heirs and assigns forever, 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 to the said mortgagee(s), his, her or their heirs, executors, administrators or assigns, the principal sum of $ 7,500.00
<br />payable as follows, to wit:
<br />$7,500.00 to be amortized over a five (5) year period at Six Percent
<br />(6%) interest with a rronthly pavment of $145.00 to be paid in
<br />accordance with the Pranissory Note signed by the~ parties dated
<br />the 2.5tttlay of_ Apr i-l, .1988.
<br />
<br />with interest according to the tenor ana effect of the mortgagors written promissory note bearing even date with these presents
<br />and shall pay all taxes and assessments le\'ied Ul)On said real estate, and all other taxes, levies and assessments levied upon this
<br />mortgage or the note -which this mortgage is given to SIX'ure, before the same becomes delinquent, and keep the buildings on
<br />
<br />said premises insurd for the sum of $ , loss, if any, payable to the said mortgagee, then these presents
<br />to be void, otherwise to be and remain in full force.
<br />
<br />IT IS FURTHER AGREED (I) That if the said mortgagor shall fail to pay such taxes or procure such insurance, the
<br />
<br />said mortgagee may pay such taxes and procure such insurance; and the sum so advanced, with interest atTwelve (l~r
<br />oent, shall be repaid by said mortgagor, and this mortgage shall stand as security for the same. (2) That a failure to pay any
<br />of said money, either principal or interest, when the same becomes due, or a failure to comply with any of the foregoing
<br />agreements, shall cause the whole sum of money herein secured to~m. e du and collectible at once at the option of the
<br />
<br />mortgagee. ~ 1 ~ C
<br />
<br />_"llii'c<'~ :::re 0' U~ . . :rr~_~~~L._-
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<br />Sf ATE OF .,. .~..,., ......... .,Countyof .~......,.........,... ,.,:
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<br />b. rr;,{)'~;;~ i0~:~::;;C::17 .1:: mil:. ~~; ~;;;;;;:;,~. .~~'9,;,~€ .
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<br />___......_.. . . ~?,?7 .6:. . C . . . . . . . .../;;<.( . . . . . . . .
<br />JGI\NNE Go ROUsH Sign ture of Person Taking Acknowledgment
<br />III a... .......25.1911
<br />
<br />
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<br />Title
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<br />STATE OFn..n._...n.__nm__.__....__..._n.n._.______m_____.___.._.....}
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<br />County ._.___.....__._..._.._.._._.....___..........._...___.._.________.._...____. 93.
<br />
<br />Entered on numerical index and filed for record
<br />in the Regi8t~r of Deeds Office of said County the
<br />
<br />
<br />..__.....__._._...__..._d.y oL_____ .___________.____.m____n______________, 19_..___m_._. 01...___...._.___.._______._______0 'clock and_.__........_._._...______....minutes _____m_____.m____M.,
<br />
<br />and re.::orded in Book._.___________________________m______._of_____.______________._________._ ___.....at page_____._________________.____.________...__...
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