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<br />52•A —REAL ESTATc MORTGAGE —(With Tax Clause) Rev. 78 ` Huffman and Felton 8 Wolf, Walton, Ne. 68461
<br />KNOV:' ALL MEN BY THESE PRESENTS: That ROBERT H. WAIM AND LOIS E. WALKER, HUSBAND & w
<br />of Hall County, and State of Nebraska : in coueiderattoa of the sum of
<br />FIPTY -FIVE THOUSAND AND 1101 100 ------------------------------------------------- DOLLARS
<br />in hand paid, do hereby SELL and CONVEY unto NORWEST BANK NEBRASKA, NATIONAL ASSOCIATION
<br />j of Hall County, State of Nebraska, the following described premises situated
<br />in Hall County, and state of Nebraska . to-wit:
<br />Beginning at the Northwest corner of said Section One (1); thence Easterly along the Nord
<br />line of said Section One (1), a distance of Eight Hundred Seventy -Five and Sixty-Six
<br />Hundredths (875.66) Feet; thence deflecting right 87011'50" and running Southerly a
<br />distance of Five Hundred Thirteen (513.0) Feet; thence deflecting right 95°20' and runniA
<br />Westerly, a distance of Four Hundred Seventy One and Seventy Five Hundredths (471.75)
<br />Feet; thence deflecting left 92°29'40" and running Southerly, a distance of Seven Hundred
<br />Eight and Eighty Seven Hundredths (708.87) Feet, to a point on the South line of said
<br />Northwest Quarter of the Northwest Quarter (NWV&1k); thence Westerly along said South lieu
<br />lof the Northwest Quarter of the Northwest Quarter (NWU1,,), a distance of Four Hundred
<br />(Twenty Nine and Seven Tenths (429.7) Feet to the West line of said Section One (1), then
<br />Northerly along the West line of said Section One (1), a distance of One Thousand Two
<br />Hundred One and Twenty One Hundredths (1,201.21) Feet to the place of beginning, and
<br />containing 17.124 acres, more or less. Township 12, North, Range 10 West of the 6th P.M.
<br />Hall County, Nebraska
<br />� The intention 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 belonging, unto the said
<br />mortgage (a) 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 pay or cause to be
<br />paid to the said mortgagee(g), his, her or their heirs, executors, administrators or assigns, the principal sum of $ 55, 000, 00
<br />payable as follows, to wit:
<br />Four monthly installments of $603.69 on the third day of each month,
<br />beginning July 3, 1987, and one payment of $54,748.90 on November 3, 1987
<br />with interest according to the tenor and effect of the mortgagors written promissory note bearing even date with these presents
<br />and shall pay all taxes and assessments levied upon said real estate, and all other taxes, levies and assessments levied upon this
<br />mortgage or the note 'which this mortgage is given to secure, before the same becomes delinquent, and keep the buildings on
<br />said premises insured for the sum of $ 55,000,00 loss, if any, payable to the said mortgagee, then these presents
<br />to be void, otherwi,e tc be and remain in full force.
<br />IT IS FURTHER AGREED (1) That if the said mortgagor shali fail to pay such taxes or procure such insurance, the
<br />said mortgagee may pay such taxes and procure such insurance; and the sum so advanced, with interest at 11,5 per
<br />cent, 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 become due and collectible at once at the option of the
<br />mortgagee.
<br />Signed this 3rd day of June 19 87 r a ( 1
<br />In presence of
<br />STATE OF ..... MBRASKA .............. County of .....HL1IZ .................. :
<br />The foregoing instrument was acknowledged before me .. — 1 n a:.... x' .................19.7
<br />by............................
<br />MNfilt NpAfa• -9tsts at tNknsb
<br />CURflS W. MICKEY
<br />* QWX Gip. F+1.4 I9"
<br />STATEOF ........................................ ..............................1 as
<br />County 1
<br />. ..............
<br />Signature of Person Taking Ackn l—.... t
<br />r? .... ...............................
<br />Title
<br />Entered on numerical index and filed for record
<br />in the Register of Deeds Office of said County the
<br />........................day of ................ _.._....._ ___ .......... -... 19. __ at ................................ o'clock and ................ _..._.......minutes
<br />anal recorded in Book._...._...__ .................. _......of..._.....
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<br />.. ........at page_ ._... ....... ............. _......_.....
<br />__ _._ _..__... ,._....._.........__...__._..- _ ..,._....Reg. of Deeds
<br />By __. _ ..... .. ... ... Deputy
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