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<br />�6Eyr-- 6ECOND REAL ESTATE MORTGAGE —With Tax Clause Huffman and Felton S Wolf, Walton, Ne. 68461
<br />KNOW ALL MEN BY'17aE PRESENTS:
<br />THAT Ior WE, FERN JANTZI, a single person,
<br />87-101757
<br />of . Hall County and State of Nebraska , in consideration of the suss of
<br />Thirty -Five Thousand ($35,000.00) - - - - - - - - - - - - - DOLLARS
<br />in hand paid, do hereby SELL and CONVEY unto York State Bank and Trust Company,
<br />York, , (mortgagee),
<br />of York County, and State of Nebraska the following described premises
<br />situated in Hall County, and State of Nebraska to -wit:
<br />The Southwest Quarter (SW4), Section Sixteen (16),
<br />Township Eleven (11) North, Range Twelve (12) West of
<br />the 6th P.M., in Hall County, Nebraska, a tract of
<br />160 acres, more or less.
<br />i
<br />si
<br />The intention being to convey hereby an absolute title in fee ssnsple including all the rights of homestead and dour.
<br />TO HAVE AND TO HOLD the premises above described, with ati the appurtenances thereunto belonging unto
<br />the said mortgagee or mortgagees and to his, her or their heirs and assigns, forever, provided always, and these pres-
<br />i #tuts are upon the express condition that if the said mortgagor or mortgagors, his, her or their hors, executors, ad:sin-
<br />jutrators or assigns shall pay or cause to be paid to the said mortgagee or mortgagees and to his, her or their heirs, ex-
<br />I; ecutors, administrators or assigns, the sum of
<br />Dollars, payable as follows, to-wit:
<br />F
<br />This Second Mortgage is given as SURETY for the indebtedness of
<br />Jacob A. Hostetler and Virginia A- Hostetler, husband and wife,
<br />to this Bank pursuant to their Note and Agreement between the
<br />parties herein executed on or abount 12 March, 1987.
<br />;with interest thereon at per cent per annum, payable annually, according to the tenor and effect of
<br />:the promissory note with interest coupons attached of said 3fortgagors, bearing even date with these Ares-
<br />' vents, and shall pay all taxes and any interest on, or maturing installments of principal, due on any prior mortgage and
<br />;assessments levied upon said real estate and all other taxes, levies and assessments levied upon this n+ortgoge or the
<br />:note which this mortgage is given to secure, before the same becomes delinquent and 'keep the buildings on said
<br />jprendses insured for the sum $ loss, if any, payable to such first mortgagees or this mortgagee, or both,
<br />!then these presents be void, otherwise to be and remain in full force.
<br />IT IS FURTHER AGREED (I)i That if the said mortgagor shall fail to pay such taxes and such interest on,
<br />for maturing installments of principal, due on any prior mortgage and procure such insurance, then this mortgagee may
<br />!pay such taxes and such interest on, or maturing installments of principal, due on such prior marlgage and procure
<br />(such insurance; and the sum so advanced with interest at nine per cent shall be paid by said mortgagor, and this mort- -
<br />€gage shop atu d as security for the same. (2, TAW a fadsre to pay any, of _id awne�., either
<br />,this or any prior mortgage, when the same becomes due or a failure t 'h any of the foregoing agreements,
<br />;shall cause the whole sum of money herein secured to beco»ie due I taJt at once at the o lion of the raort-
<br />'gaget.
<br />IT IS FURTHER AGREED That said mortgagee, pending fol _ after decree and
<br />pending stay thereon or appeal therefrom and pending sale of premises mortgaged, may pay such tares and maturing
<br />_. {interest or maturing installments of principal, on prior mortgages, procure such insurance and such sums shall be
<br />Ftf� due decree and upon canfirmation of sate by the court ordered taken out of proceeds of sale;
<br />g stay, appeal or sale, such amounts sholl be collected the same as though it ;were a part of such
<br />''_ J' � day of^�1 1987
<br />In Presr. e of
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