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t- <br />�5 001951 <br />52 A REAL ESTATE MORTGAGE —(With Tax Clause) Re, 78 -• <br />- -- Huffman and Felton & Wolf. Walton, He. 68461 <br />KNOW ALL MEN BY TI4ESE PRESENT'S: That Michael S. Randall and Pauline A. Randall, <br />Husband and Wife j <br />of Hall County, and State of Nebraska <br />- - -� in consideration of the sum of <br />Ten Thousand and 00/ 100------------------- -- --- --- --- ----- --- -- --- DOLLARS <br />in hand paid, do hereby SELL and CONVEY unto <br />Norwest Bank Grand Island, National Association <br />°f Hall County, State of Nebraska <br />in the following described premises situated <br />Hdll County, and State of Nebraska to -wit: <br />Lot Three (3), in Block Two (2), in Island Acres Number Two (2), <br />being a replat of Lots One (1), Two (2), Three (3), Five (5), <br />e Six (6), and Seven (7) in Island Acres, a Subdivision in the City <br />of Grand Island, Hall County, Nebraska. <br />The Intention heint: to convey' herob": an absolute till,- in fee ainiple, including all the rights of homestead and dower. <br />TO HAS "F. AND 'I'O HOLD the• premise, ahove described, "ill, all the appurtenances thereunto, belonging, urrto the <br />mortcageelsl and to his, her or their heirs and assigns ( said <br />urover. pr1wuh-d al -ays. and theca prhseml% are upon the express , <br />condition that If the said rnortgagorls), lots, her or their heirs, ex1,o,utors. administrators or :ensigns shall pay or cause to be <br />paid to the sail mortgagee(s), his, her or their heirs, executors, administrators or assigns, the principal cum of $ <br />payable as follow,, to wit: lO ,000.00 <br />95 equal monthly installments of $173,72 beginning June 1, 1985, <br />and one final installment of 5172.84 due and payable May 1, 1n93. <br />with interest aceonling h, the tenor and efTeel of the mortgagors written proniiacory note hearing even date with these presents <br />and shall pay all taxes and a.ssessole Ills h eied upon said real ,,fate, and all other taxes, levies and assessments levied upon this <br />mortgage or the note winch till, m rtgage is given to secure. Imfore the e•cotn <br />same l,es delinquent, and keep the buildings on <br />said premises insured for tit.• snm of g 10,OOO.00 loss. if any, payable to the said mortgagee. then these preseni:• <br />to be void, otherwise ft. he and rt•neam in full force, r y <br />IT IS PITIRTHE'R A(;RIfI•:I) (l) hat It the said rnortgagor shall fail to piny 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 tit 14,0 per <br />cent, shall be n•p id be said mortgagov and this mortgage shall stand as so,urih for rite same. (2) That a failure to pay any <br />(of said money, either pnnci,li or interest, when file same becomes due. ur a failure to comply with any of the foregoing <br />agreements, shall cause the whole sum of money herein secured to rx•cona. thee• and roller <br />mortgmortgagee. le• at once at the option of the <br />Signed this 18th day e,r Apri 1 Iq 85 <br />In presrncr• of ` .} jam• <br />M•chael Randall <br />iQB <br />SIATh:(:)F'..... NEBRASKA ...... ........ County of ......Ha.l.l <br />'rhe foregoing instrument was acknowledged before tilt. <br />April, 18 .... .. <br />19.$5.. <br />by.... Mi,chae•l..S...RandAl.l and Pauline A. Randall, Husband and Wife. <br />IIN <br />My commission P S491`141ture4I! Irtr:son Faking AcknowIt dgitlellt <br />Notary Public <br />'I'll le <br />tit AT r•} OF <br />wt. I:nlenvl un numerie'ul index and filed for reoord <br />Ccru n I y i <br />in till, Register of Dees!, Other e,f said County the <br />day of IP at <br />, 1,x, k and minutes RL, <br />and reu,nleK! Ile fieH,k of o' <br />ill. fwgo <br />`;4.ri �. gl •, <br />Rtjt. of Lkep, <br />@f k r <br />