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52 -A —REAL ESTATE MORTGAGE —(With Tax Clause) Res ,R
<br />huitman and Felton S Wolt, Walton. Ne 68461
<br />KNOW ALL MEN BY THESE PRESENTS: That DONALD R GILL and LAUREL KAY GILL, each in his and
<br />her own right and as the spouse of each other,
<br />of Hall �� County, and State of Nebraska
<br />I --FOUR HUNDRED (+$+00,000.00) , in consideration of the sum of
<br />in hand paid, do hereby SELL and CONVEY unto DOLLARS BANK OF WOOD RIVER, a Nebraska corporation,
<br />t of
<br />Hall County, State of Nebraska the following described premises situated
<br />County, and State of Nebraska
<br />to-wit:
<br />' The South Half of the Southeast Quarter
<br />Ten (10) North Range (SSE4) of Section Five (S), Township
<br />1 EXCEPTING nge Ttaelve (12), West of the 6th P.M., Hall County, Nebraska,
<br />THEREFROM the following described tract of land: A tract in the
<br />' South Ha o the Southeast Quarter of Section 5, Township 10 North, Range
<br />12, West of the 6th P.M., more particularly described as follows: Commencing
<br />at the Southeast corner of said Southeast Quarter and running North, along
<br />and upon the Fast side of said Southeast Quarter, a distance of 341 feet.
<br />running thence West and parallel to the South side of said Southeast
<br />a distance of 290 feet; rennin thence South and Quarter,
<br />of said Southeast $ parallel to the East side
<br />Quarter, a distance of 341 feet to the South side of said
<br />Southeast Quarter; and running thence Fast along and upon the South side of
<br />said Southeast Quarter, a distance of 290 feet to the place of beginning.
<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 />mortgagees) and to his, her or their heirs and assigns forever, provided always, and these presents are upon the " press
<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 sum of x+00 (1
<br />Payable as follows, to wit: �
<br />According to the Notes of the Mortgagors to the Mortgagee. 00,
<br />This Mortgage is subject to a first mortgage lien recorded in the Office of the Register
<br />of Deeds of Hall County, Nebraska, on April 29, 1976, as Document No. 76- 002229, and
<br />wherein Willard L. Dority is the Mortgagee. Donald R. Gill and Laurel Kay Gil
<br />;and severally, promise to pay the balance owing on said Dority mortgage with l, jointly
<br />interest
<br />and according to the tenor of said Mortgage, and to thereupon file a release thereof.
<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 upon said real e,tate, and all other taxes, levies and assessments levied upon this
<br />mortgage or the note which this mortgage is given to se ure, before the same becomes delinquent, and keep the buildings on
<br />said premises insured for the sum of $ loss, if any, payable to the said mortgagee, then these presents
<br />to be void, otherwise to he and remain in full force.
<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
<br />per
<br />cent. shall be repaid by said mortgagor, and this mortgage shall stand as security for the same. (2) That a failure to pay any
<br />of said money, either principal or interest, when the same becomes
<br />sum of money due, or a failure to comply with any of the foregoing
<br />agreements, shall cause the whole herein secured to become due and collectible at once at the option of the
<br />mortgagee.
<br />Signed this 12thday of
<br />July 19 85
<br />(,
<br />In presence of
<br />�O
<br />�'11v C
<br />lAURhL KAY' GILL ........ ... .. ...............
<br />.. - ...... .. ..
<br />i
<br />STATE OF ..... NE A$KA ............. . County of
<br />3
<br />i' .....Hall ................:
<br />The foregoing instrument was acknowledged before me .......July .. ly's ... , 1985.. .
<br />by.DONAID.R.— GIIL,.and.LAUREL KAY GILL, each in his and her own right and as the spouse
<br />of each other.
<br />G��G!?! .
<br />... . ...........
<br />Signature of Person Tak: ig 41knowledgment
<br />C
<br />•N.1" L l "QAw.1? if, G�!4!P. �! ✓. AR
<br />��* Title General Notary
<br />L WATE of .. _
<br />_.
<br />County Entered on numerical index and filed for record
<br />in the Register of Deeds (Me of said County the
<br />day of. 19 at
<br />_... _ .. . o*clock and_...
<br />sad recorded in Book_ _...minutes _...._.- ___.M.,
<br />_... _.. of _._.at page.. . _
<br />_ Reg of Duds
<br />fly Deputy
<br />R
<br />I
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