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<br />THS INSTRUMENT CONSTITUTES A CONSTRUCTION SECURITY INTEREST UNDER THE NEBRASKA CONSTRUCTION LIEN ACT
<br />52 -A—REAL ESTATE MORTGAGE —(With Tax Clause) Rev. 78
<br />Huffman and Felton & Wolf. Walton. Ne. 68461
<br />............
<br />KNOW AL.I, MEN BY THESE PRESENTS: That Wayne L. Bennett and Sharon L. Bennett,
<br />Husband and Wife
<br />of Hall County, and State of N
<br />-------------- ebraska
<br />Sixty-Five Thousand and 00/100 - - - -- in consideration of the sum of
<br />in hand paid, do hereby SELL and CONVEY unto Norwest Bank Grand Island, National AssociiaationS '
<br />of Hall County, State of Nebraska
<br />in Hall County, and state of Nebraska
<br />the following dewribed premises situated
<br />to -wit:
<br />t
<br />Lot Nineteen (19), in Block Four (4), in Olde Mill Subdivision, City of
<br />Grand Island, Hall County, Nebraska.
<br />The intention beings to convey hereby an absolute title in fee simple, inclu(firt- 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 hairs and assigns forever. provided aiways, and these presents are upon the express
<br />condition that if the said mortgagor(s), his, her or their heirs, executors, administrators or assigns ,hall pay or cause to he
<br />paid to the said mortgagee(s), his, her or their heirs, executors, administrators or assigns, the principal sum of $ 65,000, DO
<br />payable as follows, to wit:
<br />Principal plus accrued interest due and payable December 23, 1985.
<br />With interest according to the tenor and effect of the mortgagors written promissory note bearing even date with these presents
<br />and shall or all taxes and asst' ssments 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 :aunt' becomes delinquent, and keep the buildings on
<br />said premises insured for the sum of S65,000.00
<br />loss. if ally. pavable+ to the said mortgagee, then these prese
<br />to be void, otherwise to he and rernain in full force. m:
<br />1'1' I5 F(IRTHEIZ 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 surn so advanced, with interest at 13.0
<br />cent, shall be repaid by said nxtrtgagor, and this nwrtgage shall stand as security for the same. per
<br />of said money• either principal or interest, when the same bvcornes clue, or a failure to comply )w th any failure
<br />the oforegoing pay any
<br />agreements, shall cause the whole surn of money herein secured to become due and collectible at once at the option of the
<br />mortgagee.
<br />Sign(,(] this 24th day of June 19 85
<br />In prf!9CnCe of
<br />ayne C. Benne...t.. ... ....__ ..........
<br />....
<br />... ..................
<br />KfATE OF
<br />. ........ NEBRASKA.. uty t.tf ...... .a l 1.. .
<br />w-
<br />.............:
<br />The foregoing instrum fed 1),"01'e rite ........ .
<br />June. 2.4
<br />.E ............... . ly13.. .
<br />a NElp,�l,
<br />by ...W,ayne. L...Benne d. Sharon y nnett, Husband and Wife.
<br />NOTARY
<br />► ��� Signature o4(wson 1'Aing Ackilowledgnient
<br />My commission expires 7- '
<br />Title
<br />L%TATS, OF _
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