REAL ESTATE MORTGAGE
<br />85-- 003072
<br />KNOW ALL MEN BY THESE PRESENTS: THAT We Joseph W. Armstrong and Sa ;,dra A. Armstrong,
<br />husband and wife, of Hall County, and State of Nebraska, in consideration of the sum of
<br />Three Thousand Three Hundred and no /1.00ths Dollars (53,300.600) in hand paid, do hereby
<br />SELL and CONVEY unto Wayne Rieke and JoNon Rieke, husband and wife, of Hall County,
<br />State of Nebraska the following described premises situated in Hall County, and State
<br />of Nebraska, to-wit:
<br />Lot Four (4) Block One (1) Fireside 2nd Subdivision, Hall County, Nebraska.
<br />The intention being to convey hereby an absolute tittle in fee simple, including all the
<br />rights of homestead and dower.
<br />TO HAVE AND TO HOLD the premises above described, with all the appurtenances there-
<br />unto belonging, unto the said mortgagee(s) and to his, her or their heirs a nd assigns
<br />forever, provided always, and these presents are upon the express condition
<br />said mortgagor(s), his, her or their heirs, that if the
<br />executors, administrators or assigns shall
<br />pay or cause to be paid to the said mortgagee(s7), his her or their heirs, executors,
<br />administrators or assigns, the principal surr of $3,300.00 payable as follows, to-wit:
<br />$106.50 per month beginning on August 1, 1985 and a like amount on the first of each
<br />and every month thereafter until fully paid.
<br />Total amount of indebtedness to be paid in full UP or i --fore July 1, 1988.
<br />with interest according to the tenor and effect of the mortgagors written promissory note
<br />bearin; even date with these presents and stall pay all taxes and assessments levied upon
<br />said real estate, and all. other taxes, levies ano assessments levied upon this mortgage
<br />or the note which this mortgage is given to secure, before the same becomes deiiniquent,
<br />and keep the buildings o:. said jremises insured for the Fuji of $67,000.00, loss, if any,
<br />payable to the said mortgagee, t ,,n these presents tot void, otherwise to to anti ran
<br />main in full force.
<br />I1' IS F'UV17HER, AGREFL �ij :'hat if the said mortgagor shall fail to pay such taxes or
<br />procure such insurance, t e• said rortgagee ma} lay such taxes anal prcx,ure such insurance
<br />and the sum so advanced,
<br />with interest at Tweive !]�) jet cent, :hall be repaid by said
<br />mortgagor, and this m ey, shall stall as 1, -ity for the s ,2; That a failure
<br />to pay any of said money, F•ither principal or interest_, when. the sajr- beccxres due, or
<br />a failure to comply with am of the foregoinq agreenx-r?ts, shall cause the whole sum of
<br />money herein secured to tccY :;r due gill cr.,llectil :pie at once at the option of the mortgagee.
<br />9 ?
<br />Si ned this d
<br />J � :,� ay of
<br />In presence cat
<br />1
<br />o� Pn W. Arms cx
<br />Sandra A. Armstrong
<br />--------------------
<br />--------------- -
<br />STATE: OF Nebraska, County of flail:
<br />Before me, a notary public qualificKa fcr said county, personully canx Jc?sei >t; W'.
<br />Armstrong and Sandra A. Armstrong, husband an(] wife, known to me to he the identical.
<br />person re persons who signed the faregaing instrument anal acknowledged the executic,n
<br />therefore to be his, her or their voiuntac* act and deed.
<br />Wi t.na ss my hail] and r-t.ar i.a l seal c n
<br />,
<br />L
<br />M
<br />
|