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52-A— REAL ESTATE MORTGAGE—tWah Tax Clause, R_, Nuttman and felton 8 Wolf. Walton. he 66461
<br />KNOW ALL MEN BY THESE. PRESENTS: That Marvin Kruse and DeBora Kruse, husband
<br />and wife, each in his and her own right and as spouse of the other; Zella!
<br />Kr.uhSPa11a singleCtna# nenc�gtateof Nebraska in consideration of the sum of
<br />r Three Thousand and nc/ 100------------------------------ - - - - -- DOLLARS;
<br />I in hand paid, do hereby SELL and CONVEY unto Howard Kelley i
<br />of Hall County, State of Nebraska the following described premises situated
<br />in Hall County, and State of Nebraska to -wit:
<br />i
<br />Lot Ten (10), in Block Twelve (12), in
<br />Gilbert's Second Addition to the City of
<br />Grand Island, Hall County, Nebraska.
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<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 />mortgagees) and to his, tier 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 said mortgagee(s), his, her or their heirs, executors, administrators or assigns, the principal sum of $ 3 , 0 0 0 . 0 0
<br />payable as follows, to wit:
<br />Fifty Dollars ($50.00) in addition to interest on or
<br />before the first day of May, 1986;
<br />Fifty Dollars ($50.00) in addition to interest on or
<br />before the first of each and every month thereafter
<br />until the entire sum of Three Thousand Dollars
<br />($3,000.00) and interest is paid in full.
<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 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 saute becomes delinquent, and keep the buildings on
<br />said premises insured for the sum of 5 loss, if any, payable to the said mortgagee, then these presents
<br />to be void. otherwise to he 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 ten ( 10�er
<br />cent, shall th• 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 />agrte ll cause the whole sum of money herein secured to become clue and collectible at once at the option of the
<br />.moriga�ee.
<br />6 tIay^I March l9 86 �
<br />fl i In presence of 1 ii
<br />r ..n<'.. ..k:. .. .-�"
<br />Krus _...._..
<br />Debora
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<br />Zadl`l'a Itl_ KT Lis P
<br />I
<br />STAT SF ... N.Pb .ka .......... County of ...... Na.l1..................... .
<br />The foregoing instrument was acknowledged before �pe fAn. Mar.cit .2.6 ..................... 19.8.6.
<br />by.M.irMjII.t(; -- •,•.I�eliora Kruse and 'Le 7.3.a M. use.
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<br />s naitt>
<br />... g........... gment...... .
<br />t3oh Taking Acknowled
<br />5.........\ . ...............................
<br />Title Notary Public
<br />STATE OF... ... ....
<br />County .
<br />day of .
<br />and recordral in Boi,k
<br />Entered on numerical index and filed for record I
<br />in the Register of Deeds Office of said County the
<br />79 at. ...,,'clack and _ .minutes ..... I71.,
<br />of Fit page,
<br />Rcg; of Deed"
<br />fly l iepoty
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