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i!- BRAL ESTATE MORTGAGE -41111ILL ?mac Mau-) Huffman and Felton & Wolf, Walton, Nc. 68461
<br />- PS.
<br />KNOW ALL MEN BY THESE PRESENTS: That PETRA P. SANCHEZ q _. , "vZ E
<br />of HALL County, and State of NEBRASKA , in consideration of the sum of
<br />TWO THOUSAND ( ;2,000.00) and no/ 100---------- ----- -- --- -----'------- - - - - -- -DOLLARS
<br />in hand paid, do hereby SELL and CONVEY unto C. A. DOUTHIT AND DONNA M. DOUTHIT
<br />Of HALL County, State of NEBRASKA the following described premises situated
<br />in HALL County, and State of NEBRASKA , to -wit;
<br />LOT SIXTEEN (16), IN BLOCK EIGHT (8),
<br />BOGGS & HILL'S ADDITION TO THE CITY
<br />GRAND ISALND, HALL COUNTY, NEBRASKA
<br />The intention being to convey hereby an absolute title in ice simple, including ali the rights of homestead and dourer. I
<br />TO HAVE AND TO HOLD the p >emises above described, with all the appurtenances thereunto belonging, '
<br />unto the said mortgagees) and to his, her or their heirs and assigns forever, provided always, and these presents are
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<br />upon the express condition that if the said mortgagor(s), his her or their heirs, executors, administrators or assigns
<br />shall pay or cause to be paid to the said mortgagee(s), his, her or their heirs, executors, administrators or assigns, the j
<br />a principal sum of $ 2,000.00 payable as follows, to wit: Pavable according to the terms of a
<br />promisory note.
<br />If all or any part of the Property or an interest therein is sold or transferred by
<br />Borrower without Lender's prior written consent, excluding (a) the creation of a lien or
<br />encumbrance subordinate to this mortgage, (b) the creation of a purchase money security
<br />interest for household appliances, (c) a transfer by devise, descent or by operation of
<br />i law upon the death of a joint tenant or (d) the grant of any leasehold interest of thret
<br />years or less not containing an option to purchase, Lender may, at Lender's option,
<br />declare all the sums secured by this mortgage to be immediately due and payable.
<br />i with interest according to the tenor and effect of the mortgagors icrilten promissory note bearing even date with these
<br />presents and shall pay all taxes and assessments levied upon said real estate, and all other taxes, levies and assessments
<br />jlevied upon this mortgage or the note which this mortgage is given to secure, before the same becomes delinquent, and
<br />beep the buildings on said promises insured for the sum of $ 10, 800.00 loss, if any, payable to the said
<br />3nwrtgapee, then these presents to be void, otherwise to be and remain in full force.
<br />IT IS FURTHER AGREED (t) That if the said mortgagor shall fail to pay such taxes or procure such in-
<br />surance, the said mortgagee may pay such taxes and procure such insurance; and the sum so advanced, with interest
<br />{at 15% per cent, shall be repaid by said mortgagor, and this mortgage shall stand as security for the same.
<br />(j) That a failure to pay any of said money, either principal or interest, when the same becomes due, or a fdilure to
<br />coneply with any of the foregoing agreements, shall cause the whole sum of money hercin secured to become due and
<br />collectible at once at the option of the mortgagee.
<br />Signed this day of i lq
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<br />In presence of ___ . 3 x s :.N�.i ....... t .r.Ga'.,, �..�_ ............... _.
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