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RfiTATR MARTQARR —(WKh Tax Claus) 87— 105679mmon and Felt" i Welf, W411nn 1k. &Ml
<br />KNOW ALL AMEN BY THROE PRESENTS: That SCHMAN RNMkMSESr M., a Nebraska
<br />of �tMai County. and State of a , is maxworawin of the of
<br />--fifty-five Thou ($55,000.00) DOLLARS
<br />In hand paid, do hereby SELL and CONVEY unto Eva Ponner Corey
<br />County. State of
<br />County, and State of
<br />flan f
<br />, to-wit;
<br />The intention being to convey hereby an abwlute title in fee simple, including all the rights of homestead and dower.
<br />TO HAVE AND TO HOLD the premises above described, with all the appurtenances thereunto belonging, unto the said
<br />mortgagee(s) and to his, her or their heirs and assigns forever, provided always, and these presents are upon the express
<br />condition that if the said mortgagor(s), his, her or their heirs, executors, administrators or assigns shall pay or cause to be
<br />paid to the saki mortgagee(s), his, her or their heirs, executors, administrators or assigns, the principal aura of•$ 55, 000, 00,
<br />Pay" as follows, a wit: $2,750 plus accrued interest on the 24th day of December, 1987, and
<br />a like principal payment of $2,750 plus accrued interest on the 24th day of March, the
<br />24th day of June, the 24th day of September, and the 24th day of December of each year
<br />thereafter, courancing in 1988, and until the full principal balance with accrued
<br />interest has been paid,
<br />with interest according to the tenor and effort 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 mortga before the same becomes delinquent, and keep the buildings on
<br />said premises insured for the eum e lose, if any, payable to the said mortgagee, them them presents
<br />to be void, otherwise b be and remain full force.
<br />IT IS FURTHER AGREED (1) That if the said mortgagor shall 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 12
<br />per
<br />osat, sFinall 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 ooraply 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 24th day of September 19 87
<br />STATE OF ..... XWFAM& ............. County of . , .. WI.. . --
<br />The foregoing instrument was acknowledged before me ... Septenber ....244 .................19 $7 . .
<br />by ............................. President of SCHUPPAN M%WMSES, IM., a
<br />Nebraska ration on beha o corpora i.on, for the mwposes therein stated.
<br />-ftNf el MsMsW : r... rf r. a r,vt,,,,rn -. , .V .s, Y./!`Zrs" °.(�,,°�':.-...... .
<br />AWIWA t MATER Signature of Pelson Taking A0!9tol w t
<br />Lr * ®tat bP FM. 4 sill
<br />Title
<br />STATE .......... .................. ................ .............. ) Entered on numerical Was and filed for record
<br />.................. --- ........... ................I.I....._ ... ,,_ - tl° in the Resister of Deeds Oalce of sad county am
<br />_.._ ......_.....day el.,...- .,,.._....... ,...._............ 19.........., et- Wel ck mud............... ......_.minutes ......_...._..._..IiL,
<br />In_,,..... _..of.......... ..a6 pass ..... ...... ..._ .... _.,. .....
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