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003068
<br />52 -A —REAL. ESTATE MORTGAGE —f With Tax Clause) Rev Hultman .and Fe,ton d 'Wclf. Walton fie 66 451
<br />85- 402958
<br />KNOW ALL MEN 13Y THESE PRESENTS: That MICHAEL D. DUBBS and MARILYN DUBBS, Husband and Wife,
<br />of Hal I County, and State of Nebraska , in consideration of the sum of
<br />- - - - -- -FIFTY THOUSAND AND NO /IOOTHS ( 550, 000. 00)------- ----------------- - - - - -- DOLLARS
<br />in hand paid, do hereby SELL and CONVEY unto ERNIE C. GRISWOLD and CHARLENE L. GRISWOLD,
<br />Husband and Wife, as joint tenants, not tenants in common,
<br />of Hall County. State of Nebraska the following described premises situated
<br />in Hall County. and State of Nebraska , to-wit:
<br />Tract of land comprising a part of the Southeast Quarter (SE's) of Section One (1),
<br />Township Ten (10) North, Range Twelve (12) West of the 5th P.M., in Hall County,
<br />Nebraska, more particularly described as follows:
<br />Beginning at a point on the south line of said Southeast Quarter (SE'a), said point
<br />being fifty (50) feet west of the southeast corner of said Southeast Quarter (SET-.;) also
<br />being a point on the westerly right -of -way line of Highway No. 11; thence westerly
<br />along the south line of said Southeast Quarter (SE's), a distance of two hundred fifty
<br />(250) feet; thence northerly parallel to the east line of said Southeast Quarter (SE'.;),
<br />a distance of three hundred (300) feet; thence easterly parallel to the south line of
<br />said Southeast Quarter (SE's) a distance of two hundred fifty (250) feet to a point on
<br />said westerly right -of -way line of Highway No. 11, also being fifty (50) feet west of
<br />the east line of said Southeast Quarter (SE"...); thence southerly along said right -of -way
<br />line, a distance of three hundred (300) feet to the place of beginning and containing
<br />1.722 acres more or less.
<br />The intention being to convey here•hy an ahsofutc till, in fv,• simple. including all the rights r,f homestead and douer-
<br />f'O HAVE AND TO 1101,11, the prim:,. -s aM,ve ,l,.cnt i. :,ith all il- .,;c:ro- nanct; th,•reunt„ 1„-longing, unto the said
<br />mortgagee(s) and to his, her or their htirs and asecens fr,recur, pr —ided aia , and th s, ) o,wnts arc upon the express
<br />condition that if the said morteagorts, . his, hear ,r their heirs, 4xaruto", admtm >trators or n, >;�'ns hail pay or cause to I?e
<br />paid to the said mortgagee(s), his. her ,,r th,•ir hears. .xvcwt,ra. administrators or assigns, the principal sun, of S 50,000.00
<br />payable as follows, to wit:
<br />Payable pursuant to the terms of Promissory Note of same date. This is a Purchase
<br />Money Mortgage. The Mortgagors agree to keep the improvements located on said pre -
<br />raises insured in the minimum sum of >? In the event of the sale or transfer
<br />of said premises prior to payment in full of all principal and interest, then and in
<br />either event the entire unpaid principal balance and interest shall be immediately due,
<br />without notice, at the sole option of the Mortgagees.
<br />with interest according o., tf- tenor a ,i . il,, i 1 t1:," •,..r .:�. rs ., ntten pnm-�u�„,ry nntt is, firing . n -u -:at,• ,enh thas,• pre —io-
<br />and shalt pay all tax— and asw•smenr, i,•cn•,f iq> •.:rid r.•al't,tate, and all ,-ther taxes, lex*to -s and a,,wessmcnt_s levied upon this
<br />mortgage or the not, which thi, m,:rtgu�, ;1,•n t. ,.,.. , -. f„•fore 1424• ;tune beio ', dehnquert. and keep the buildings on
<br />said premises insund G,r th, -um ,..t los, . if any. payahh• to the ,atd n-rtgagee. then thaw.• pre.setits
<br />to be voni. „the•ruis," 1., )x- and rtr•.uun in tu!� l•rrt
<br />6T IS F-1'R"I-f IlAt ACRYL1) iii '11,o if ih, 1,J rr:urtgagr,r ,)'ail 1-111 it, Pav such tare, or pr,a-un• ,ueh insurance, the
<br />said mortgagee may It., u,h tax. ar hr 'r i-- h n. cram and the suin w advanced, with interest at pe•r
<br />dent shall be regard by sail rti „rtrag A tl.t, hal stand a., s,cunt•; f„r ttw same i ,, That a failure to pay any
<br />of said mcenev. e•ithrr pnn, zeal o” of n,r. .,:. ta, -inr 14•1.,mc•s due it a f•ulury to - nil,1% yeah anv of the f,.,regomg
<br />agreements. shall cause• ibe wh "I.- m :d mon,v her .ri +,•,cured to to -ce,uu ,cue and ,oils. -eibic .,t at the upti,,n of the
<br />mortgages
<br />Slgneo ?this ems! day,•i ?L' Tie
<br />19
<br />�!i camel D. Duibb s `= -
<br />Marilyn Dubbs'
<br />Si:4TEOE .... NEBRAS.KA.. County of Hal I
<br />The foregoing instrument was acknowledged [*fore me :f t+n� Icf gS
<br />br ...J1ICHAEL.D...,DUB$ ah.d MARILYN DUBBS, husbap4d --grid wipe, mortoatlor$,4
<br />r'
<br />5ignrrt.ure of 1'erAm. I ;nn 1t knnw9t d nu•nt
<br />N r h1• Atri, q.1lfib
<br />LSTATIN OF � Rnlerr +) „n ntem,•ti, ai tndrx au,1 !il Ki ( nM,ar,(
<br />S�
<br />County in the ReKwier „f lkvd_r Haan, "I loll (',,,ints the
<br />dry of Per , at and runut<•s �! t`'°
<br />wA rm"rund in )4.»k of at Inge
<br />a-
<br />li<•g
<br />Ity
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