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52•A —REAL ESTATE MORTGAGE —(With Tax Clause) Rev. 78 Huffman and Felton 8 Wolf, Walton Ne 68461 <br />KNOW ALL MEN BY THESE PRESENTS: That Jeffery G. Lowry and Kathryn J. Lowry, Husband <br />I and Wife <br />i of Hall County. and State of Nebraska 00)-- �LLARS in consideration of the sum of <br />Twelve Thousand and no /100----------------------------------------- <br />------------------ - - - - -- -- _($12,000. <br />in hand paid, do hereby SELL and CONVEY unto Norwest Bank Grand Island, National Association <br />Of Hall County, State of Nebraska the following described premises situated <br />in Hall County, and State of Nebraska , to -wit: <br />Lot Five (5), of Block Eighteen (18), in the Original Town, now City of <br />Grand Island, Hall County, Nebraska. <br />The intention being to 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(a), 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 sum of $ 12, 000. 00* <br />payable as follows, to wit: <br />59 payments of $276.13 due the first of each month commencing August 1, 1985, <br />and 1 final payment of $275.12 due and payable on July 1, 1990. <br />i 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 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 same becomes delinquent, and keep the buildings on <br />said Premises insured for the sum of $ 12,000. 00 loss, if any, payable to the said mort <br />to be void, otherwise to be and remain in full force, gages, then these presents <br />IT IS FURTHER 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 sum so advanced, with interest at 13.50 per <br />Best, shall be repaid by said mortgagor, and this mortgage shall stard as security for the same. (2) That a failure to pay any <br />of said money, either principal or interest, when the same becomes due, or a failure to comply With any of the foregoing <br />agreemenp, 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 25th day of June 19 85 <br />In presence of — ... <br />\.... �.. Jeffe_ ..................................................... ............................... <br />rg" G. Low <br />.... <br />Kathryn Lowry <br />STATE OF .... Hebx:aska................ County of ..... Jiall........... <br />The foregoing <br />by ....:Jeffery <br />Ky cotagttission <br />before me ...,Tutee. 25th .......................1985... <br />Husband and Wife <br />°Q ` <br />. <. .t <br />Signaturgfif Person Taking Acknowledgment <br />........... Notary. Y44l�A .... , . <br />Title <br />FrATE or ....................................... ..............................� Entered on numerical index and filed for record <br />s.. <br />...... . .................. .........1..................... in the Register of Deeds Office of said County the <br />...................day of.........................1—— ............... 18............, alt ................................ o'clock and......................... <br />.....minutes ......................M., <br />andretarded in Hook............... .... ............ ........... of...... .......... . ............ ...........at page............. ............................... <br />Reg. of Deeds <br />By....... ....Deputy <br /><( <br />J <br />