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<br />52.A-REAl. ESTATE MORTGAGE-(Wlth Tax Clause) Rev. 78
<br />
<br />88- 102078
<br />
<br />KNOW ALL MEN BY THESE PRESENTS: That
<br />
<br />WALTER F, HOLTZ and AGNES H. HOLTZ, TRUSTEES
<br />
<br />of Hall County, and Slate of
<br />--FIFTY THOUSAND and
<br />in hand paid, do hereby SELL and CONVEY unto
<br />
<br />Nebraska
<br />no{100----
<br />RODNEY W, HOLTZ and
<br />
<br />, in consideration of the sum of
<br />DOLLARS
<br />
<br />LARRY W. HOLTZ, TRUSTEES,
<br />
<br />of
<br />In
<br />
<br />Buffalo
<br />Hall
<br />
<br />County, State of
<br />County. and State of
<br />
<br />Nebraska
<br />Nebraska
<br />
<br />the following described premises situated
<br />. to-wit:
<br />
<br />A. SE~ 18-10N-12 W of the 6th P.M., Hall County, Nebraska
<br />
<br />B. Lot Eighteen (18), Block One (I), in Morris Addition to the City
<br />of Grand Island,Hall County, Nebraska.
<br />
<br />The intention being to convey hereby an absolute tille in fee simple. 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(a) and to his. her or their heirs and assigns forever, provided always. and these presents are upon the e1.press
<br />condition that if the 88id mortgagor(II). his. her or their heirs, executors. administrators or assigns shall payor cause to be
<br />paid to the lIaid mortgagee(t), his, her or their heirs, executors. administrators or assigns, the principal sum ofl$csecured hereby
<br />"hall b6-yable IUI followlI. to wit: 180 days after the date of the death of the survivor of Walter F.
<br />Holtz and Agnes H. Holtz; AND IT IS AGREED BY MORTGAGOR AND MORTGAGEE that in addition
<br />to the Promissory Note and the obligation mentioned herein, THIS MORTGAGE SHALL SECURE
<br />ALL FURTHER LOANS AND INDEBTEDNESS owed or to be owed by mortgagor to mortgagee
<br />PROVIDED SU~H LOANS AND INDEBTEDNESS shall be made or accrue on or before the date
<br />of the death of such survivor and FURTHER PROVIDED THAT the maximum amount secured
<br />by this mortgage shall not exceed $300,000.00. THE OBLIGATION OF MORTGAGEE TO ~MKE
<br />FUTURE ADVANCES SHALL BE OPTIONAL WITH MORTGAGEE and shall be fully secured hereby,
<br />and fully subject to all of the covenants, terms and conditions hereof.
<br />
<br />with interest according to the tenor and elled of the mortgagon written promilllOry note bearing even date with these presents
<br />and shall pay 1111 tans and aueSllmenls levied upon laid real t"Jtate, and all other taxes, levies and assessments levied upon this
<br />ml.lrtpge or the note -which this mortgage i. given to lIe(.'Ure, before the same becomes delinquent, and keep tha buildinp on
<br />said premi_ ilUUred for the sum I.If $ . lon, if any, payable to. the I18id mortgagee, then these presents
<br />to be void. otherwl8e to be IInd remain in full force.
<br />IT IS FURTHER AGREED (1) That if the said mortgllgor shall rail to pay llUeh taxes or procure such insurance. the
<br />IIIlid mort<<agee may pay lIuch taxes and procure such Insurance; and the sum BO advanced, with interest at per
<br />a!nt. IIhall be repaid by Mid morteagor. and thlll mortgage IIhall stand as security ror the same. (2) That a failure to pay any
<br />I.If said ml.lney. either principal I.Ir Inter"t, when the _s become. dU6. I.Ir a failure to comply with any of the foregoing
<br />qreements. .hall c*use the whole sum or ml.lney herein RCUred to become due and collectible at once at the option of the
<br />morte_,ee.
<br />Biped this (, -ill day of
<br />
<br />~
<br />
<br />. 1988. 1)---1:/ ,1 h. iJ - -
<br />,e-l-'it ({~/,,11/, .l ~
<br />................VA'C'1'E'ff''P.:...lr .'1'z.~..rTRtls'r~};:............................
<br />
<br />In presence I.If
<br />
<br />........W.QrJ...~......f........~............................m............. ................................................ .............................................................
<br />
<br />.....__.(k,.~..._~.._....~.._._.....mm.m......_... ............~T~""~--....._...
<br />. t? v
<br />Sl'ATE OF . . . . . . .NEBRASKA. . . , . . , . . , . . I County of ,..., 'lJ.4.. K." . . . . . . . . . . . . . , , . :
<br />
<br />The foregoing inatnunent was acknowledged before me "..,....,...."."..,..,."..,..... .1988' . .
<br />by.R~~~~~.~t.Rq~~~.A~9.Agnes H. Holtz. Trustees.
<br />
<br />IJ; .':':::=:'. -I
<br />-............
<br />.
<br />
<br />Si~~t~~~~jt~~k~~~i~d~~~t' , . . . . . .
<br />. . . . . . . ,~~'2At:~ . . . . p'l,.J'\.~~H . . . . . . . . . . . . . . . . . .
<br />Title' . . ~
<br />
<br />~: ~~:::::::::::::::::::~::::::::::::::::::~:::::::::::::::::::::::::::::}..
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<br />Entered on numerical indeK and filed for record
<br />in the Repter <:!-~ Deed. Office of Mid County the
<br />
<br />........................da)t of................................................. 19............. .t.......~.......................o.c:loc:k and..............................minutell ...................... M.,
<br />
<br />UId r-.:orded In Book..........................................of........................................at p.,e.............................................
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<br />....................................................................... ... ..... ... Reg. of Det'd.
<br />
<br />By.......................................... .,'n.. ........................ ............ n ..Depuly
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