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Q� DD53vD
<br />52•A REAL ESTATE MORTGAGE (With Tax Clause) Huffman and Felton & Wolf. Walton. Nc. 68461
<br />i
<br />KNOW ALL MEN BY THESE PRESENTS: That David L. Nelson, A Married Person
<br />'T! Hall County, and Slate of Nebraska , in consideration of the sum of
<br />welve Twelve Thousand Five Hundred and 00/ 100---------------------------------- - - - - -- DOLLARS
<br />in hand paid, do hereby SELL and CONVEY unto
<br />Norwest Bank Nebraska, 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 Seven (7) in Block Eleven (11) Evans Addition to the City of
<br />Grand Island, Hall County;Nebraska.
<br />and
<br />Lot Six (6) in Block Eleven (11) Evans Addition to the City of Grand
<br />Island, Hall County, Nebraska.
<br />The intention being to convey hereby an absolute title in fee simpir-, including all the rights of homestead and dower.
<br />TO HAVE AND TO HOLD the premises above deserilxd, will 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(s), his, her or their heirs, executors, administrators or assigns shall pay or cause to be
<br />paid to the said mortgagee(%), his, her or their heirs, executors, administrators or assigns• the principal sum of $12, 500. 00
<br />payable as follows, to wit:
<br />Eleven equal and consecutive monthly installments of $146.45 beginning
<br />December 1, 1985, and one final balloon payment of 512,505.87 due and
<br />Payable November 1, 1986.
<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 usw•ssme•nts levied twon 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. Ix•fore the ..me Ix-comes delinquent, and keep the buildings on
<br />said premise's insured for the surn •d S 12,500.00 loss. if any. Payable to the said mortgagee, then these prewmo
<br />to be void, otherwise to he and remain in full force..
<br />IT IS FURTHER A0RE:r3D (1) That if the said mortgagor shall fail to fray 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 13,00 per
<br />cent, shall be repaid by said mortgagor. arid this mortgage shall stand as security for the same. (2) That a failure to pay any
<br />of said monrv. either principal or interest. when the .same tes•am s due. or a failure to csunjJly K'lrh any of the foregoing
<br />agreements 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 22nd day of October jg 85 .
<br />In prewrna' of avid L, N2 S6h _ ................_.
<br />n
<br />STATE OF ....... NEBRAS.KA........... , County of .......Hal 1 .................
<br />a
<br />The 1•nregoing instrument was acknowledged before me ......Qrtpber_ z.Z .. _ .. ... , ......1985. , .
<br />by .Davi.d. L... Aels.on.. A .Married Person
<br />;V %.. ................
<br />t,r►•,,, Signature of Person Taking�Ac nWledl;ment
<br />�My commission expi
<br />tr
<br />Title
<br />LSTATE OF. Entered on numerical index and filed for record
<br />w
<br />t ".nunlY in the Itegister of Deeds office of said County the
<br />day of 19 at o'clock and minutes h1.,
<br />said recorded to Iiex.k . of at Page
<br />of Deeds
<br />Ily Deputy
<br />W
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