|
<br />88-
<br />
<br />10376~
<br />
<br />REAL ESTATE MORTGAGE
<br />
<br />KNOW ALL MEN BY THESE PRESENTS: That Lloyd Maire and
<br />Beverly Maire, husband and wife of Hall County, and State of
<br />Nebraska, in consideration of the sum of Forty-Four Thousand Five
<br />Hundred DOLLARS in hand paid, do hereby SELL and CONVEY unto
<br />Leonard Ingraham and Glendora Ingraham, husband and wife as joint
<br />tenants, of Loup County, State of Nebraska, the fOllowing
<br />described premises situated in Hall County, and State of
<br />Nebraska, to-wit:
<br />
<br />Lot 12 and the southerly 13
<br />Seventh Addition to the
<br />County, Nebraska.
<br />
<br />feet of Lot 13, Kni.ckrehm
<br />City of Grand Island, Hall
<br />
<br />The intention being to convey hereby an absolute title in fee
<br />simple, including all the rights of homestead and dower.
<br />
<br />TO HAVE AND TO HOLD the premises above described, with all
<br />the appurtenances thereunto belonging, unto the said mortgagee(s)
<br />and to their heirs, executors, administrators or assigns shall
<br />payor cause to be paid to the said mortgagee(s), their heirs,
<br />executors, administrators or assigns, the principal sum of
<br />$44,500.00 payable on July 1, 2013, with interest according to
<br />the tenor and effect of the mortgagors written promissory note
<br />bearing even date with these presents and shall pay all taxes and
<br />assessments levied upon said real estate, and all other taxes,
<br />levies and assessments levied upon this mortgage or the note
<br />which this mortgage is given to secure, before the same becomes
<br />delinquent, an~ keep the buildings on said premises insured for
<br />reasonable value, loss, if any, payable to the said mortgagee,
<br />then these presents to be void, otherwise to be and remain in
<br />full force.
<br />
<br />IT IS FURTHER AGREED (1) That if the said mortgagor shall
<br />fail to pay such taxes or procure such insurance, the said
<br />mortgagee may pay such taxes and procure such insurance; and the
<br />sum so advanced, with interest at 8 per cent, shall be repaid by
<br />said mortgagor, and this mortgage shall stand as security for the
<br />same. (2) That failure to pay any of said money, either
<br />principal or interest, when the same becomes due, or a failure to
<br />comply with any of the foregoing agreements, shall cause the
<br />whole sum of mon herein secured to become due and collectible
<br />~at~bnce at option the mortgagee.
<br />
<br />
<br />July, 1988.
<br />
<br />~;U;ln~
<br />Beverly Ma' s
<br />
<br />vrz ;".~
<br />(
<br />
<br />STATE OF NEBRASKA
<br />
<br />ss.
<br />
<br />County of Hall
<br />
<br />The foregoing instrument was acknowledged before me on July
<br />~, 1988 by Lloyd Maires and Beverly Mairesr husband and wife.
<br />
<br />
<br />~ m. .fhc~b'"'
<br />Notary Public
<br />My conunission expires: ~ ;~. /' ~J.-
<br />(/
<br />Filed for record and entered
<br />, 19, , at
<br />in Mortgage Record
<br />
<br />sTATE OF NEBRASlA, County of Hall:
<br />in Numerical tifaex on
<br />o'clock M., and recorded
<br />, at page
<br />
<br />Book
<br />
<br />County or Deputy County Clerk
<br />Register/Deputy Register of Deeds
<br />
|