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<br />52 -A —REAL ESTATE MORTGAGE —(With Tax Clause) Rev. 78 Huffman and Felton & Wolt, Walton, Iles 68461
<br />KNOW ALL MEN BY THESE PRESENTS: That Lawrence R. Badura and Nancy J. Badura
<br />Of Hall County, and State of Nebraska , in consideration of the sum of
<br />Six Thousand Five Hundred Dollars ( $6,500.00) --------------- - - - - -- DOLLARS
<br />in hand paid, do hereby SELL and CONVEY unto Rita P. Prince
<br />Of County, State of Nebraska the following described premises situated
<br />in Hall County, and State of Nebraska • to -wit:
<br />Lot Six (6) in Block Eight (8) in Packer and Barr's
<br />Addition to the City of Grand Island, Hall County,
<br />Nebraska.
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<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 $ 6, 500. 00
<br />payable as follows, to wit:
<br />Two Thousand Five Hundred Dollars ($2,500.00) down
<br />payment and Two Thousand Dollars ($2,000.00) to be
<br />paid December 1, 1987, and Two Thousand Dollars
<br />($2,000.00) to be paid December 1, 1988.
<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 mortgago is given to secure, before the same becomes delinquent, and keep the buildings on
<br />said premises insured for the sum of $ loss, if any, payable to the said mortgagee, then these presents
<br />to be void, otherwise to be and remain in full force.
<br />IT IS FURTHER AGREED (1) That if the said mortgagor shall fail 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 per j
<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 same becomes due, or a failure to comply with any of the foregoing j
<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 day of 19 5'fc
<br />In presence of t- _....._..._ ..... .. ... ...e/�6..'. LSf .�............__........._....
<br />L w nc e R ura
<br />N- cv Badura
<br />_...__..._...__._ .... _ .. _ ............. ......... _......................
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<br />STATE OF ...... . R,4'`, ............. . County of .. t.k_
<br />Theey foregoing instrument was acknowledged before me .... i - :1:.` ... ............19°(f . .
<br />by .�..
<br />..' ................
<br />Signature o _}Person Taking cknowledgment
<br />........... ..........
<br />Title
<br />STATE OF. ._ ........ ........_.. ---._.... ........... .__ i Entered on numerical index and filed for record
<br />ss.
<br />County _._ ___ in the Register of Deeds Office of said County the
<br />_day of 19 at o'clock and. minutes . .
<br />and recorded in Book. of at (rage
<br />By
<br />Res. (d Deals
<br />Deputy
<br />ti.
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