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1 <br />A RffAL fffiTATff MORTCACII—With Tax Clause (Revised 1962) 7%0 w _ . co"r4l guPMy t4x, <br />r` <br />KNOW ALL MEN BY THESE PRESENTS; T'HA'I' 8 106571 <br />Galan L. Starner and Dolores J. Sterner, husband and wife, 04origggora ) <br />of Hall County, and Male of Nebraska , in consideration of the sum of <br />-Three Thousand and no /100 (53,000.00)------------------------- DOLLARS <br />is hand Paid. da hereby BELL and CONVEY unto <br />Ivan w. Yates and Grace Ann Yates, husband and wife, <br />(MorlgagE ) <br />of Hall County, and state of Nebraska, the following deiwril l promises <br />situated in Hall County, and state of Nebraska to-Wit: <br />Lot Six (6) in Block Two (2), Original Village <br />of Doniphan, Hall County, Nebraska. <br />The intents 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 <br />said mortgages i and to their heirs and assigns, forever, provided always, and these presents are upon the express <br />condition that if the aforesaid mortgagor , their heirs, executors, administrators or assigns shall pay or cause to be <br />paid to the said mart, ages 8 , their heirs, executors, administrators or assigns, the sum of <br />-- -Three Thousand and no /100----------- - - - - -- Dollars, payable as follows, to-wit: <br />Six Hundred and no /100 Dollars on the 22nd day of October 19 88 <br />Six Hundred and no /100 Dollars on the 22nd day of October 19 89 <br />Six Hundred and no /100 Dollars on the 22nd say of October 19 901 <br />Six Hundred and no /100 Dollars on the 22nd day of October 19 91 <br />Six Hundred and no /100 Dollars on the 22nd day of October 19 92 <br />with interest thereon at 10 per cent per annum, payable --- annually all according to the tenor and effect of <br />a certain promissory note of said Galen L. Sterner and Delores J. Sterner, husband and <br />wife, <br />bearing even date with these presents, and shall pay all taxes and assessments levied upon said real estate, and all other taxes, <br />levies and anseessasmis levied upon this mortgage or the note which this mortgage is given to secure, before the same becomes <br />delinquent, and keep the buildings on said premises insured for the sum of $3, 000.00 loss, if any, payable to <br />the said mortgagee, then these presents to be void, otherwise to be and remain in full force, <br />IT I$ 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 taxer and procure such insurance; and the sum so advanced, with interest at 10 per cent <br />shall be paid by sail mortgagor, and this mortgage shall stand as security for the same. (2)'That a failure to pay any of said <br />money, either principal or interest when the same becomes due, or a failure to comply with any of the foregoing agreements, <br />shalt cause the whole sum of money herein secured to become due and collectible at once at the opt' of the mortgagee. <br />Signed this day of October 1�87" <br />In presence of �v. L ? ......... .......... ............... `' ....................... <br />:... .... .......... ............................... <br />..................... ........_ .......................... ..................................................... ..................................................................... ............................... <br />9TATlE OF......lLURAAMA ........ ......................... County of....... HALL...... ............................: <br />Baton me. a notary public qualified for said county, personally came Galen L. Sterner and Delores <br />J. Sterner, husband and wife, <br />Imam to me to be the Identical person or persons who signed the foregoing instrument and acknowledged the execution <br />Marsof M be his, her or their voluntary act and deed. <br />my hand and notarial seal on.............. October ................ ..... . _.....,. Ig..8.7..�.. Mu fN1Yq <br />y ............. is f ... fi r'.. bra. <br />......... - ................... ...................I........... and Entered on numerical index a filed for record <br />CANKry } a' in the Register of Deed, 011ice of sad county the <br />�....<......,.. at .. ....... .... .....,..................... ....... 19.......,. , at ............. .. ....... ...,.....o'clock and. _................_.....minutes ......................M., <br />andrecorded in .. ......... . ............ ............... .od.,., ..... .......................,.....at page.... ............................... <br />..... ....... ..... .. ................ .......... _........Beg. of 11100da <br />By..... _ .. .... .... ................. _ _... .. _ ...........L..........Ikpatty <br />k <br />