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� 52.A RE�ATATE�S$°°?�$aF <br />MORTGAGE—(With Tart Clausal Fii#tttn2il and (elms 8 Wolf itialtsa he 68461 <br />Kl'iOW ALL MEIN BY THESE PRESENTS: That LARRY L. IVERSEN and NADINE M. IVERSEN, <br />husband and wife <br />of Hall County. and State of Nebraska in consideration of the sum of ` <br />FOURTEEN THOUSAND-------- <br />---- ($14, 000. 00) ------------------- - I)OLLARs <br />` in hand paid, do hereby SELL and CONVEY unto <br />�a EARLE E. BRITTIN and ELEANOR B. BRITTIN <br />of Hall Ccwnty, Stato of Nebraska the, following described premises situated <br />a' <br />in <br />Hall Counts. and State of Nebraska <br />1 <br />0 The North Sixty Feet (N601) and Seven Inches (7 ") of <br />Lot Eighteen (18) in Block Twenty -One (21), in the <br />Original Town of Wood River, Hall County, Nebraska, <br />AND <br />Lots Thirty -Three (33) and Thirty -Five (35) in Foster's <br />Subdivision of Lots Eleven (11) and Twelve (12) of <br />Wood Lawn, a Subdivision of part of the Southeast Quarter <br />of the Northeast Quarter (SE�-NEtt) and part of the North- <br />east Quarter of the Southeast Quarter (NEiSEs) in Section <br />Twenty -Four (24), Township Ten (10) North, Range Twelve <br />(12), west of the 6th P.M., Hail county, Nebraska. <br />THIS IS A FIRST PURCHASE MONEY REAL ESTATE MORTGAGE. <br />The intention [wing lrr cxmvey here -by an absolute title in far gtn.ple, including all the rights of homestead and dower <br />To HAVE AND TO HOLD the premises above d-strribrl. with alt the ammrtenancrw thereunto he tonging, unto the said <br />rrartgageeta) and to his, her or their heirs and assigns fnreve r. prnvidevl always, and these presents are upon the express <br />cmWition that if the. said mortgagor(s), his, tier or their heirs, ex,rutors, administrators or assigns shrill pay or cause to be <br />paid to the vain riortgagrefe). his her or their heirs, executor%, administrators or assigns. the principal sum of s.14 , 000. 00 <br />payable as follows, to wit: <br />$250.00 monthly amortizing payments including interest at nine (9) <br />percent per annum for 60 such monthly payments; and the first such <br />lnonthiy payment being payable August 1, 1986. On July 1, 1991, <br />the entire then unpaid principal balance with any unpaid accrued <br />interest is payable in a lump sum, estimated at $3,064,00. <br />with inlrreat acairthnrt to the tenor and ffoi-1 of the mortgagors written proutiasory ante bearing even (late with these presents <br />and shall pay ail tuxes and a—r—n-nts Ieeitvl iii-in gait —al «,,tat, and ail ether nixes. iivvws and assessments levied upon that <br />mortgage or the note which this nt)rtuage t» given to sn ate, M-forr Ha, %iune tteeomes delinquent, and keep the buildings on <br />said prentitm.-s insured for thr ruin of $ 14 , 000 , 00 !­,1, if any. payable to the wid mortgagee, then these presents <br />to be vote]_ otherwise io he and rr•marn in hill fume <br />I1' IS FURTHER AGREED t I i That if the .aid m irega gor ihali fad Ni stay surh taxes or pr« -ure such insurance, the <br />gaud mortgagee may pay .ueh iaxoa and pn —ire —ch ,r, rwic e and the .,urn wi adv;inved, with intarest at rxr <br />cent- shall be relwal by said mortgagor. and Ito+ rrwrtlragr shall sand its ­aunty f,u the same. (2) That a failure to pay any <br />of said money. either principal or interest. when the same fxwotnev due, or a failure to tyunply with any of the! foregoing <br />agroenwittg, shall cause thr whole Kern of money herein secured to t.v nie duo• :air] collttiiibte, at nnce at the +,ption of ttte <br />mortgagee <br />Signet) this 1St day of July 34;36 <br />Ia�n pn�irnc:e of <br />T' LARRY ( IVERSEN <br />NADINE M. IVERSEN <br />STATF OF .....-NEBRASKA.. County of Ha-11 <br />The,foregoing instrument was acknowledged before me July. 1, 19.8 E <br />by.•..Larry L. Iuarsen. and Nadine M. Iversen, husband and wife <br />M Signature of Person '- 'along Ac . rnent <br />Tit e <br />-- STfATB OF Enierivi in nurnenral index and tiled for rtnVird <br />County in the Register of DtY, k OfhaYv of ::aid ('runty the <br />day of 19 at o cl,wit anti minute% <br />acrd rra..rdra in Book td at pare -• <br />Rik of l -A. <br />Hy llrin:ty <br />