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52 -A —REAL ESTATE MORTGAGE —( With Tax Clause) 10413 ` Huffman and Felton 8 Wolf, Walton, rte 68961 <br />KNOW ALL MEN BY THESE PRESENTS: That OM HUIME, JR. and DIANA HULME, each in his and <br />her own right and as the spouse of each other, <br />Of Hall County, and State of Nebraska in consideration of the sum of <br />-- -FIFTY THOUSAND ($50, 000. 00)------ ------- ---- ---- — ------ --------- DOLLARS <br />in hand paid, do hereby SELL and CONVEY unto Rpm, IIJRETTA NIETFELD, <br />Of - Hall County, State of Nebraska the following described premises situated <br />in Hall County, and State of Nebraska , to -wit: <br />West Half of the Northeast Quarter (ANFM <br />of Section Ten (10), Township Twelve (12) <br />North, Range Ten (10), West of the 6th P.M., <br />Hall County, Nebraska. <br />THIS IS A FIRST, PURCHASE MONEY REAL ESTATE MORTGAGE. <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 />mortgagee(s) and to his, her 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 $ 50,000.00, <br />payable as follows, to wit: Payable in annual amrtizing payments, including interest at ten <br />(10) percent per annum, of Five Thousand Eight Hundred Seventy -three Dollars ($5,873.00) <br />per year commencing August 1, 1987, <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 s given to secure, before the same becomes delinquent, and keep the buildings on <br />said premises insured for the sum of 1p 1n ebtednessloss, if any, payable to the said mortgagee, then these presents <br />to be void, otherwise to be and remain in u I force. <br />IT IS FURTHER AGREED (1) That if the said mortgagor shall fait 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 14 per <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 name be, omes due, or a failure to comply with any of the foregoing <br />agreements, shall cause the whole sum of money herein secured to become due and collectible at once at the option of the <br />mortgagee. <br />Signed this 24 day of 19 8 <br />In presence of - t� %,LYULC'ltl: .� . -. <br />.. ........... ..... ......... <br />_ ... _ _._ _...... r <br />DIANA.I ............... ......... ... <br />STATE OF .. NEBRASKA ................. County of ... Hall ....................: The foregoing instrument was acknowledged before me .J.___11. Z i .. ... . .. . . . .. . .19.86.. <br />hY • • • TWJ•fUJ`JE.• JR -. and DIANA I-[ULtC, each in his and her own rig <br />of each other. and as the spouse <br />�NMtMiM1_stw�tawwr� Signature of Person faking Ack dgment <br />ARTHUR G MAYER <br />Ir Ottttta E* Fii 4 IM ............ Notar }c . PulAlis ..................... . <br />Title <br />STATE OF _ <br />County <br />.._ day of <br />and rec:onlrxt in Book <br />i <br />Entered on numerical index and filed for record <br />in the Register of Dt,eiN of)ice of said County the <br />19 ato'cicxk and minutes <br />uE at page <br />Ref: of <br />19e Ikyvty <br />