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8r-. 105995
<br />REAL ESTATE MORTGAGE
<br />KNOW ALL MEN BY THESE PRESENTS:
<br />That LARRY J. KELLY and ARLENE F. KELLY, husband and Wife, in consideration of
<br />the sus of THIRTY -THREE THOUSAND FIVE HUNDRED AND ND[IO0 DOLLARS ($33,500.00) in
<br />hand paid, do hereby SELL AND CONVEY unto JEAN GRAHAM the following described
<br />premises situated in Hail County, Nebraska, to -wit:
<br />The East Half of the Southeast Quarter (EISEI), the Southwest Quarter of the
<br />Southeast Quarter (SWISEI), and the East Fifteen (15) acres of the Southeast
<br />Quarter of the Southwest Quarter (SEISWI), Section one (1), Township Eleven
<br />(11), Range Nine (9), Hall County, Nebraska, except Union Pacific Railroad
<br />right -of -way, and except a strip one (1) rod wide off the West side of the
<br />Southwest Quarter of the Southeast Quarter (SWISEI), and except that part of the
<br />South Half of the Southeast Quarter (SISEI), deeded to The Geer Company, a cor-
<br />poration, by Warranty Deed recorded in Book 95, of Deeds at Page 437, and to
<br />Geer Sales, Inc., a corporation, by Warranty Deed recorded in Book 115 of the
<br />Deeds at Page 457 and to Geer Company by Warranty Deed recorded in Book 158, of
<br />Deed Records at Page 243 and to Wilbur Donald Hillman by Warranty Deed recorded
<br />in Book 180 of Deed Records at Page 237 of the Office of the Register of Deeds
<br />of Hall County, Nebraska, also excepting therefrom a certain tract of land more
<br />particularly described in Warranty Deed recorded as Document No. 81- 001758.
<br />The intention being to convey an absolute title in fee simple, including all
<br />rights of homestead and dower.
<br />To HAVE AND TO HOLD the premises above described, with all the appurtenances
<br />thereunto belonging, unto the said mortgagee and to its successors and assigns
<br />forever, provided always, and these presents are upon the express condition that
<br />if the said mortgagor, his, her or their heirs, executors, administrators, or
<br />assigns shall pay or cause to be paid to the said mortgagee its successors or
<br />assigns, all principal sums owed in the amount of $33,500.00 in accordance with
<br />mortgagors promissory note together with interest thereon at the rate of 10 per-
<br />cent per annum, payable according to the tenor and effect of the promissory note
<br />bearing even date with these presents and shall pay all taxes and assessments
<br />levied upon said real estate, and all other taxes, levies an assessments levied
<br />upon this mortgage or the note which this mortgage is given to secure, before
<br />the same becomes delinquent, then these presents to be void, otherwise to be and
<br />remain in full force.
<br />IT IS FURTHER AGREED that a failure to pay
<br />interest when the same becomes due or
<br />foregoing agreements shall cause the whole
<br />due and collectible at once at the option
<br />SIGNED THIS %40A day of October,1986.
<br />STATE OF NEBRASKA)
<br />)ss.
<br />COUNTY OF KEITH )
<br />any of said money either principal or
<br />a failure to comply with any of the
<br />sum of money herein secured to become
<br />of the mortgagee.
<br />c
<br />LARRY J. K LL
<br />ARLENE F. KELLY
<br />Before me, a notary public qualified for said county, personally came
<br />LARRY J. KELLY and ARLENE F. KELLY, known to me to be the identical person or
<br />persons who signed the foregoing instrument and acknowledged the execution
<br />thereof to be his, her or their voluntary act and deed.
<br />W jy ,�,� ,j�p�, nA notarial seal on this day of October, 19 86.
<br />L. Notary Public
<br />I
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