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<br />a-A—wa^iL axrATe eeoaraAaz—(w*h Tax cl--) Jt- 7s Ouftise aed fetton & Welt. W01tW Nee 6WI
<br />KNOW ALL MXN BY 770M PRESENTS: That
<br />00—
<br />UNION GRAIN COMPANY, a corporation
<br />of Howard County. and State of Nebraska in consideration of the even of
<br />ONE HUNDRED THOUSPUND AND NO/IOOTHS ($100, 000 -DO)IDOLLARS
<br />is hand paid, do Imeby SM and MN%,gy unto MELVIN W. 14EYER and MILFORD NIELSEN
<br />I
<br />,141 Howard County, State of Nebraska the followWg descrilsed pressisso situaled
<br />I `- Hall County. and Stolle of Nebraska to-wit-
<br />aft
<br />Lot Seven (7) in Rosselman Brothers Subdivision in the
<br />City of Grand Island, Hall County, Nebraska.
<br />The intention bring 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, vnth all the appurtenances thereunto belonging, unto the said
<br />mortgagee0) and to his, her or their heirs and assigns forever, provided always. and them presents are Upon the express
<br />condition that if the said mortgagoris), his, her or their heirs, executors, administratom or assigns shall pay or cause to be
<br />paid to the said mortgagee(s), his, her or their heirs, executors, administrators or assigns, the principal sum of $ 100,000.00
<br />payable as follows, to wit:
<br />$50,000.00 principal $10,000.00 interest - January 5, 1987
<br />$50,000.00 principal $ 5,000.00 interest - January 5, 1987
<br />with interest according to the tenor and effect of the mortgagors written promissory note hearing even date with thew P resents
<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 />mid premises invited for the sum of $100,000.0() lam, if any, payable to the said mortgagee, then these presents
<br />to be void, otherwise to be and remain in full force.
<br />XT 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 137 st
<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
<br />agreements, shall cause the whole sum of money herein secured to become due and collectible at once at the option of the
<br />mortgo4w.
<br />z
<br />Sivaed this
<br />day of 19
<br />Of .. .....................
<br />p
<br />7
<br />................. ........
<br />............. . ..... .............. .. ............ .... ...... ............. ...... ........ ...... . ........ ................... . . .......... ............. . .
<br />SPATE OF ....... ........ County of ...........
<br />The &roo►ing izlatrutnemt
<br />was acknowledged Wore nw .......... < -X d- ......... 19
<br />p
<br />by APM. Pp. AqATW..
<br />W
<br />t UNION GRAIN COMPANY IVAL
<br />3% 3W
<br />Signature of Person Taking 1",igm"t
<br />.......................
<br />Title
<br />WrATZ OF... .. ................. Entered on numerical index and AW for gam
<br />SL
<br />in the Register of Deeds Office of said County the
<br />29--- a,.._....... ..... .. -"'ed'rba JIM minutes
<br />low "NX14" in of.- at page .... ..........
<br />Rs. of Deeds
<br />Deputy
<br />
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