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52-A—REALIESTAT E MORTGAGE
<br />—(With Tax Clause)
<br />Huffman and Felton & Wolf, Walton, Ne,
<br />69461
<br />KNOW ALL MEN BY THESE PRESENTS: That
<br />Gordon D. Graf and Sally M. Graf,
<br />Husband and Wife,
<br />Of Hall County, and State of Nebraska
<br />It in consideration of the sum of
<br />r One Hundred Twenty Five Thousand and No/ , 000
<br />100 (125.00) DOLLARS
<br />in hand paid, do hereby SELL and CONVEY unto
<br />Verna C. Kiesling, Married
<br />Of Hall County, State of Nebraska the following described premises situated
<br />in
<br />Hall County, and state of Nebraska
<br />to-wit:
<br />The Southwest Quarter (SWJ) of Section Thirteen (13), Township Nine (9) North,
<br />'I Range Ten (10), West of the 6th P.M., Hall County, Nebraska.
<br />is
<br />The intention being in 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
<br />Payable as follows, to wit: sum 125,000
<br />Promissory Note of this date with interest payable on June 1, 19861
<br />and on the lst of June each year thereafter. Interest rate for this year will be
<br />9% and rate will be adjusted each June I and will be set at same rate as one-year
<br />Certificate of Deposit at Bank of Doniphan. There will be no,,prJ_r1cipa1,:p me y nt
<br />a
<br />for the 1st two years. The first principal payment will be due On June 1, 1988,
<br />with payment of $6,250 plus interest, and $6,250 plus interest each year until
<br />note is paid in full.
<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 ulion sai d real estate, and all other taxes, levies and assessments levied upon this
<br />mortgage or the note 'which this mortgage is given to 8
<br />et :Ure, before the same becomes delinquent, and keep the buildings
<br />said premises insured for the sum of $ on
<br />to be void, otherwise to be and remain in full force, loss, if any. Payable to the said mortgagee, then these present-!
<br />IT IS FURTHER AGREED (1) That it the said mortgagor shall fail to Pay such taxes or procure such insurance, the
<br />said mortgagee may Pay such taxes and pros ure such insurance; and the sum so advanced, with interest at per
<br />same. (2) That failure to pay any
<br />of said money, either prinvipai or interest, when the same becomes
<br />due, or a failure to comply with any of the foregoing
<br />cont, shall be repaid by said mortgagor, and this mortgage phall stand as security for the a
<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 4th day of June
<br />19
<br />In presence of
<br />. .. ... .... .. . ........ ..........
<br />t............. .... ........ ........
<br />...........
<br />STATEOF .....Nebraska ............... County of .... HAII .............
<br />The foregoing instrument was acknowledged before me .4.tb..day..Qf..june
<br />by -Gordon. D... •Graf. and. Sal ly M. Graf.
<br />now Rolm - 111610 a
<br />UOPA +4• WAWW-W
<br />'fur'
<br />0 CgM fli. FW 27, 190 Person Taking Acknowledgment
<br />.............. ............
<br />Title
<br />STATE OF,
<br />County i as. Entered (in numerical index and filed for record
<br />in the Register of Dreds 011ie
<br />p of said County the
<br />day of,
<br />r"onled in Rook.. 19, at ,. o'clock and minutes
<br />at Page.
<br />- Reg. of Ikwts
<br />fly.
<br />Dellu ty
<br />__J
<br />
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