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M AREAL UTATS
<br />Tax claws) + U �r UM sad Fallen i WOK WOW. Ns. 6MI
<br />KNOW ALL MEN BY THESE PRESENTS: That
<br />DONALD E. TAYLOR AND BARBARA D. TAYLOR, husband and wife,
<br />at Hall County, and state of Nebraska , in consideration of the vim of
<br />FIFTEEN THOUSAND -------- ($15, 000 .00)--------------------------- DOLLARS
<br />in head Pfd. do hereby SELL and CONVEY unto
<br />BANK OF WOOD RIVER, NEBRASKA
<br />of Hall County, State of Nebraska the following described Preroisse WAmftd
<br />in Hall Cowity, and State of Nebraska , to -wit:
<br />Lots Five. (5) and Six (6), -in Block "D ", First
<br />Addition to Wood River, Hali County, Nebraska
<br />The intentndn being to convey hereby an absolute title 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 so
<br />belonging, unto the ld
<br />mortgsgae(s) and to his, her or their heirs and assigns forever, Provided always, belonging, these presents are upon the the
<br />Condition that it the acid mortgagor(a), his, her or their heirs, executors, administrators or assigns shall pay or cause to be
<br />Paid to the said mortgagee(s), hie, her or their heirs, executors, administrators or assigns, the Principal sum of j 15, 000. 00
<br />payable as (allows, to wit:
<br />Principal in the amount of $1,500.00 per year, beginning xy_, 1988, and
<br />on the saute day of each year thereafter, together with annual . t� beginning
<br />at the rate of ten (10) percent per annum or such higher or lcm+er interest rate
<br />as may be established by the Bank of Wood River, Nebraska, as its prime rate for
<br />its best customers, interest paym mt to be made each year at the same time prin-
<br />cipal pay=nts are mule; provided, that the final payment of principal and in-
<br />terest shall be made on the tenth (10th) anniversary of the first payment, unless
<br />sooner paid.
<br />with inlenst according b the tenor and eEedd of the mortgagors written Promissory note hearing even data with these presents
<br />and shall pay an tam and asseaments levied upon said real amt ate. and all other taxes. levies and ansumeats levied upon tfnis
<br />nmtgage or the note 'which this mortgage a given W secure. before the acme becomes dadkMmt, Mad keep the buildings at
<br />said pvam�p insured
<br />rwis d for the sum o[ ti 15,x00.00 lot, if any. payable to tha said mortgages. than these presents
<br />n+ he `'dal. otherwise to be and remain in fun! totes.
<br />IT Is FURTHER AGREED (1) That if the said norigesor awn fail b Pay sncu taxes or procure such insurance the
<br />s� gag" may buy such taxes and procure such insurance: and the am so advanced. with interest at 16
<br />orb. shall be repaid by said mortgagor, &M mortgage dull at as security for the same. (2) That a failure to pay any
<br />of said money, either principal or interest, when the soma becor due, or a failure to comply with any o[ the foregoing
<br />agneemente dull puao the wbnda sum of mummy herein secured to become due and collectible at on" at the option of the
<br />Signed this Af day of �VGf 1987
<br />In presence of
<br />..DONALD E. fiA
<br />1
<br />BARBARA D. TAY R
<br />........................................................ I.............. I
<br />STATE OF .......HEBRASKk ......... , County d .1JA1 ...............
<br />....... :
<br />rm %r"f*iRS inlliAiment was acknowledged before the ........ ..... �e ............
<br />18 87
<br />11Y.- Donald•Z..Tay-lox.and Barbara D. Taylor, husba4 and wife, for the
<br />purposes therein stated.
<br />..;............�� ........... .
<br />Signature of n T ng Acknowledgment
<br />;i i
<br />,�� :....................
<br />fiirikTe or .._ ...... ......._ .......
<br />........... .........._.........,.........) Entered an numerical jade: gad n>. kw record
<br />tr �'
<br />County ............... ....... ............................... in the RegisNr of DeMe Oek+r of said ownty the
<br />_......,......... of._......_ .................._ ............... 19..._......., at.. ._ ............. ....._.._..n'elaek and ..............
<br />...............minutes ..................._.M.,
<br />and one tded at awkt _ ....._ ......................_... ot.... ............_._......_._.....at page ......................... „....
<br />__. Reg. of Deeds ;
<br />,. Deputy
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