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52•A —REAL IWATE MORTGAGE —(With Tax Clause) Rev. 7g $s„ 105670
<br />KNOW ALL MEN BY THESE PRESENTS: That Hans L. Johnson and Maudie Johnson, Husband a Wife
<br />of HAl1 county, and state of Nebraska , in consideration of the sum of
<br />in hand paid do her p%jVand COr�toDollars and no /100ths----- -------- ---- -- DOLLARS
<br />Exchange Bank
<br />of Buffalo county, state of Nebraska the following described premises situated
<br />in Hall County, and State of Nebraska . to -wit:
<br />Lot Seventeen, (17), Castle Estates Subdivision, Hall County, Nebraska
<br />Mlis mortgage is not assumable,
<br />Mortgage and note must be paid in full upon sale or transfer of property.
<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, her or their heirs and a,%igns 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 (,r assigns shall pay or cause to be
<br />paid to the said mortgageef s), his, her or their heirs, executors, administrators or assigns, the principal sum of S
<br />payable as follows. to wit:
<br />fifty -nine (59), payments in the amount of 130.71 beginning October 5, 1966, and the
<br />other payments of 130.71 each due on the same day of each month thereafter,
<br />with a balloon payment being the 60th payment due September 5, 1991,in the amount
<br />of 9,619.43, this being the final payment.
<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 same becomes delinquent, and keep the buildings on
<br />acid premises insured for the sum of S 11,500.00 loss, if any, payable to the said mortgagee, then these presents
<br />to be void, otherwise to be and remain to full force.
<br />IT IS FURTHER AGREED ill That if the said cnortgagor shall fail to pay such taxes or pros ee such insurance, the
<br />said mortgagee may pay such taxes and procure such insurance; and the sum so advanced, with interest at 11.0 per
<br />ant, shall be repaid by said mortgagor. and this mortgage shall stand as secunty 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 />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 1St day of October 19 86
<br />In presence of
<br />,7`
<br />Mdudie Johnson
<br />STATE OF ...... Nebraska .... .. ..County of ....
<br />The foregoing instrument was acknowledged before me c /c:
<br />by His L. Johnson and Maudie Johnson Husb d and Wife
<br />I
<br />... . ,.....
<br />: % ti
<br />Signatu of Person Taking Acknowledgment
<br />Title
<br />STATE OF. j Entered on numerical index and filed for record
<br />County i sa in the Register of Deeds Office of said County the
<br />Ea• day of 19 at o'clock and minutes ht.
<br />and recorded to Book of at page
<br />Reg of Deeds
<br />By Deputy
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