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52V,-A—SECOND REAL ESTATE MORTGAGE—Tax Clause dRescd 1962' -rhe Htiffiruui C-1 Supply Haul
<br />KNOW ALL MEN BY THESE PRESENTS: THAT I or WE., ISABEL M. GALVAN
<br />of GRAND ISLAND, HALL ('aunty and State of NEBRASKA
<br />ONE DOLLAR AND OTHER VALUABLE CONSIDERATION
<br />in hand paid, do hereby SELL and CONVEY unto JOHN R. AND DEBORAH GALVAN
<br />HUSBAND AND WIFE
<br />of GRAND ISLAND, HALL County, and State of NEBRASKA
<br />situated in HALL County. and State of NEBRASKA
<br />103285
<br />lot E
<br />ox)_llsir
<br />in consideration of the sum of
<br />DOLLARS
<br />(inortgaigee).
<br />the following described premni all
<br />to•wit:
<br />LOT TWO (2) IN BLOCK THIRTY ONE (31), OF PACKER AND BARR'S SECOND ADDITION TO
<br />THE CITY OF GRAND ISLAND, NEBRASKA, AS THE SAME IS SURVEYED, PLATTED AND RECORDED.
<br />12
<br />The intention being to convey het,bl. an :ibsoh:t, titl,• in ft;, simple including all the rights of homestead and dower.
<br />'ii, HAVE AND TO HOLD the pnnuses al'oxa dvsc6l)vtL with all the appurtenances thereunto belonging unto the said
<br />mnrtgag.,e or mortgagees and to hi,,, her or their heir F and assigns. forever, provided always, and these presents are upon the
<br />express condition that if the said mortgagor or rnortgag(lrs, his, her or their heirs, executors, administrators or assigns shall pay
<br />or cause to be paid to the said niortgag— or mortgagees and to his, her or their heirs, executors, administrators or assigns, the
<br />sum of THIRTY THOUSAND DOLLARS ($30,000.00) Dollars, payable as follows. to-wit:
<br />THE BALANCE AND INTEREST AT 10% per annum on the unpaid balance shall be
<br />payable at the rate of $350.00 per month commencing on the 1st day of August 1984
<br />and on the first day of each month there after until said principal amounts
<br />shall be paid in full.
<br />with interest thereon at per ",lit ;".I, aliTilln".. pavahl, annualk., according to the tenor and effect of the
<br />i)rornissitry rv,ti, —0, iiii,r—i t.,Ujlon, ;,,1;i, 1d ;f sa!d Mo.q,,:niors, hearing, even date with these presents, and
<br />shall pay all taxes. and :in% iot11rT -111 watur--, in,a_dlrnvnt, ,,I principal, clue (in any prior mortgage and assessments
<br />levied upon . +nd real o,tat, and ali 1, a4 —1i'l."merils iv\wd upon this mortgage or the note which this
<br />mortgage li, given to ectin.. ht 1,— 1 t. lit and ket-1) the buildings on said premises insured for the sum
<br />$ NIA I loss. if an, ra l, twll fir,t ari_,ag-s or this niortgagee, or hoth, then these presents be void,
<br />ntherwise to be and rernain lit full fi)r,'v
<br />IT IS FURTHER AGPEFI) (I T��;tT a the otd hail fall to mn- such taxes and such interest on, or maturing
<br />installments of principal. due on any i,ri( r mnrtan o imil pro, n r, iwh insurance, then this mortgagee may pay such taxes and
<br />such interest on. or maturity installrn, tit, d ja!n,)Pal. du, I such pri,ir in—t-garf, and procure such insurance: and the sum
<br />so advanced with interest at nin, per cent =hall he paid by said rnorttzagor, and this mortgage shall stand as security for the
<br />same. (2) That a failure to pay ;.-nv of ,aid money. either principal or inter-1 on this or any v tither prior mortgage, when the
<br />same becomes (lit(' or a failure to cornlik, with any of Oil- foretzotni-, agreements. shall cause the whole sum of money herein
<br />secured to become due and collectible al orw M tho option of the mortgagee.
<br />IT IS F1 - '13THER AGREED That =aid rn-,rtgiozee. foreclosure of :his mortgage and after decree and pending
<br />stay thereon or appeal therefrom and lientini" sale of premises may pay such laxe.s and maturing interest or matur-
<br />ing installments of principal. (,it prior m.;rtgal: jinicurt, ,uch insurance and awh sionis shall he added to the amount due on
<br />decree and u pon confirmation if sale by the C-10 �)rdored taken 1! _f proceeds of .ale: or if redeemed during stay, appeal
<br />or sale, such amounts shall be volh-cied the narit, as though it were a part of such
<br />Signed this 'lav 4
<br />In pre-ln'( -r
<br />tce
<br />......... ....
<br />STATE OF Count%, of
<br />Before me, a notary publi, qualifi-I t 0
<br />ontv.
<br />known to me to be the identical person or persons
<br />wh,) ,igzivd the ft,reizooni; i
<br />execution
<br />thereof to be his, her or their voluntary ;tit and do-d
<br />Witnmq my hand and notarial sea] on
<br />My commission expires:
<br />z
<br />Notary Public.
<br />STA'rF, OF
<br />•Inin-red on TIUMVI-Wal
<br />index and likid for record
<br />County
<br />in the Register of [)-d,
<br />Office of said County the
<br />day of.
<br />at o'clock and
<br />ininutes, M.
<br />U)
<br />and recorded in Book u.
<br />at pag'.
<br />Reg. of Deeds
<br />13,
<br />Deputy
<br />
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