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I <br />tai` <br />O�,A7RBAI. "TATR MORTOACK —(With Tax Clause) Huff iul Felton i Wslf, Walton, <br />KNOW ALL MEN BY THESE PRESENTS: That Susan L, Jeffres, A Single Woman <br />of Hall County, and State of Nebraska in consideration of the sum of <br />- - - Fifty -eight Thousand and no/ 100-- ----------- --------- ---------------- --- --- DOLLARS <br />in hand paid, do hereby SELL, and CONVEY unto the FIRST NATIONAL BANK OF MARQUETTE, NEBRASKA <br />at Hamilton County, state of Nebraska the following described Prano1w situated <br />in Hall County, and State of Nebraska , to-wit, <br />1. The South one-half(St) of Lot Five(5), Block Eighty-five(85) Wheeler and nnett's <br />Fourth(4th) Addition to the City of Grand Island, Hall County, Nebraska(1515 N. Locust, <br />2. The South 82.5 feet of fractional Lot Five in fractional Block 117 of Railroad <br />Addition to the City of Grand Island, Nebraska and its complements of Fractional <br />Lot Five in Franctional Block 117 in Koenig's & Wiebe's Addition to the City of <br />Grand Island, Hall County, Nebraska(924 West 1st) <br />3. Lot Eleven(11), Block One(1), Lakeview, An Addition to the City of Grand Island, <br />Hall County, Nebraska(204, 206, 206j E. Ashton) <br />i <br />i <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 />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(a), his, her or their heirs, executors, administrators or assigns shall pay or cause to be <br />paid to the said mortgagee (a), his, her or their heirs, executors, administrators or assigns, the principal sum of & 58, 000. <br />payable as follows, to wit: <br />A Note dated June 23, 1986 calling for monthly payments of $641.13, with a <br />balloon payment due 6 -23 -89 of $52,015.16. <br />with interest according to the tenor and effect of the mortgagors written promissory note bearing even date with these presents <br />and shall pay all taxes and assessments levied upon said real esate, and all other taxes, levies and a ment$ 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 $ 60,000. lose, if any, payable to the said mortgagee, then these presents <br />to be void, otherwise to be and remain in 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 14 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 23rd day of September 1987 <br />In presence of .... <br />�..� ............................. ............................... ...................................................................... ............................... <br />.... ........................... ........................................................................... ............................... <br />STATE OF ........NelbzeskA ........... County of ...... Hall ...................... <br />The foregoing instrument was acknowledged before me ............ 5PPtfte.9 .23...........19U.. <br />by ffFp.Sr.A..$tngle Woman <br />won -f ll udw " <br />as FOKLWN <br />Elpcwt, txp. Msy 2L It <br />My Commission Expires May 26, 1990 <br />' '� ............................. <br />Si a re of Person Taking Acknowledgment <br />Npt.gry. Pub.) ic ... ............................... <br />Title <br />NrATZ OF ....... ..................... ............................... Entered on mmwrical index and filed for record <br />cotmty as. <br />in the Register of Deeds Office of said County the: <br />clay d ........ ............................... 19..........., at....... ................oclock amt.........,... ..........minuttw ......... ......M., <br />aid r"or4ed in Book ... ........ ................d....,.... ..... ... .......... ....... .at page....... ... ....... . .... <br />. <br />Reg. of Deeds <br />Dopmty <br />R <br />�l <br />