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W-A—REAL ESTATE MORTGAGE—(With Tax Clause) (Revised IM) <br />------_--- <br />KNOW ALL MEN BY THESE PRESENTS: That Earl E. Smith <br />Hall <br />county, and State of Nebraska is) consideration of the sure of <br />Nine Thousand Seven Hundred Dollars ($9,700.00) DOUjWix <br />in hand PSK do hereby SELL and CONVEY unto Mary Smith, <br />Hall County. $is" Of Nebraska the following tteserilx,4 premises situated <br />in Hall county. and State Of Nebraska to-wit: <br />JPart of Fractional Lot Two (2) and Part of Lot Three (3) in Fractional Block Five (5) <br />in Wallichs- Addition to the City of Grand Island, Nebraska, more particularly describe <br />an follows, to-wit: Ccalmencing at a point 5 feet Easterly of the Northwsterly Corm. <br />41 of said Fractional Lot Two (2), running t➢k--rx>-- in a Westerly direction upon and alon <br />i the Southerly bmrxlary line of Ninth Street in the City of Grand Island, Nebraska <br />for a distance of 52.8 feet, running thence Southerly parallel with the. Easterly boundar <br />line of Adams Street, in said city, for a distance of 132 feet to the alley in sai <br />block, nzmlrlg thence Easterly along and won the Northerly alley I it* <br />in said bloc <br />for a distance of 47.8 feet, running thence Northerly parallel with the Westerly boundar <br />line of Washington Street, in said city, for a distance of 50 feet, thence rumin <br />Easterly parallel with the Southerly boundary line of Ninth Street in said city fo <br />a distance of 5 feet, running thence Northerly parallel with the Westerly boundar <br />line of Washington Street, in said city, <br />for a distance of 82 feet, to the place o <br />begirming. <br />The intention being to convey hereby an absolute title in fee simple, including all the rights of hornestead and dower. <br />TO HAVE AND TO HOLD the premises above described. with all the appurtenances thereunto belonging, unto the said <br />mortgagee(s) and to his, her or their heirs and assigns forever, provided always, and these pret3ents are upon the express <br />oonditi4m that if the said mortgagortso. his, her or their heirs, executors, administrators or assigns shall pay or cause to be <br />paid to the said mortgagee(s), his, her or their heirs, executors. administrators or assigna, the principal sum Of $ 9,700.00 <br />payable as follows, to wit; in monthly installments together with interest at the <br />,rate of 12% per annum as per promissory note bearing even date and <br />attachment thereto, <br />!N" <br />> lascf�fWC <br />and shall pay all taxes and assemments levied upon sail real Mate, mid all other taxes, levies and assessments levied upon this <br />-which this mortgage is given to secure, before the same becomes delinquent, and keep the buildings on <br />nwrtgOW Or the note <br />said promises insured for the sum of $ 15,000.00 loss. if any, payable to the said martilagee, than thew presents <br />to be voK otherwise to be and remain in full force. <br />IT IS FURTHER AGREED (1) That if the said mortgagor "I fait to pay such taxes or procure such insurance, the <br />said MOrtlingee May Pay such taxes and procure such insurance; and the sum so advanced, with interest at <br />per <br />cent, shall be repaid by said mortgagor. and this mortgage "I stand as security for the same. (2) That a failure to <br />Pay any <br />of as money, either priocipai or interest, when the same becomes due, or a failure to comply with any of the foregoing <br />agreements, shalt the whole sum of money herein secured to become due and collectible at once at the option of the <br />mortgages- <br />oft"WALtried this day of <br />11 presence . . .. . ......... ... <br />................... <br />EARL E. SMITH <br />........... ...................... <br />...... ...... ....... ... ........ ........... --------- --- ............... <br />fly <br />of <br />N- <br />