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<br />52 -A—REAL ESTATE MORTGAGE (With Tax Clause) Rev, 711
<br />00025
<br />Huffman and Felton $ Wolf, Walton, Pk. 68961
<br />KNOW ALL MEN BY THESE PRESENTS: That Jol-.n P. Sullivan and Milrae A. Sullivan,
<br />Husband and Wife,
<br />Of Hall County, and State of Nebraska . in consideration of the sum of
<br />One hundred Five Thousand and No /100 ($105,000.00) DOLLARS
<br />in hand pad, do hereby SELL and CONVEY unto
<br />Bank of Doniphan, Doniphan, Nebraska
<br />Of Hall County, State of Nebraska the following described premises sitaatod
<br />in Hall county, and State of Nebraska . to-wit:
<br />The North One -Half (NZ) of the Southeast Quarter (SEI) of Section
<br />Thirty -Two (32) Range Ten (10), Township Nine (9) and the East One
<br />Half (E1) of the Southwest Quarter (SW4) of Section Ten (10) Range
<br />Niie.T9), Township Nine (9) all in Hall County, Nebraska.
<br />1 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 />i mortgagee(s) and to his, her or their heirs and assigns forever, provided always, and these presents are upon the express
<br />r condition that if the said mortgagor(s), his, her or their heirs, executors, administrators or assigns shall pay or cause to be
<br />pad to the said mortgagee(s), his, her or their heirs, executors, administrators or assigns, the principal sum of i 105 000.00
<br />payable as foliowe, to wit: Promissory Note of this date due April 15, 1985
<br />with interest according to the tenor and effect of the mortgagors written promissory note bearing even date with these pmts
<br />and shril 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 />said premises insured for the sum of $ , loss, if any, payable to the said mortgagee, then these prosenis
<br />to be void, otherwise to be anri 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 su ^h taxes and procure such insurance; and the sum so advanced, with interest at per
<br />cent shalt 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 ewnply 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 i
<br />ee.
<br />Signed this 9th day of January 19 8
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<br />In presence of !
<br />.. .....:.......... ................
<br />/ .. y.
<br />OF ..
<br />Nebraska ................ . Comfy of ..........................
<br />ing instrument was acknowledged before me .... January. P......... ............19 85
<br />y . J.,. n
<br />P. Sullivan and Milrae A. Sulliva.
<br />f.flM1�1.ONSarffalwt • ..............
<br />q Signature of n Taking Acknowledgment
<br />LV MnFfi►2Tr! Ns
<br />... ....................... ...... ..... ........ __.. ....... ...... . of
<br />BY.... ............_ _ .... ...... __...... _ .............Deputy
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