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<br />S2 -A —REAL ESTATE MORTGAGE— illith T.. Clause) R 005-461 Hultman ano Felton 3 Wolf. Walton. Ne 58961
<br />KNOW ALL MIEN BY THESE PRESENTS: That STEPHEN K. HANCOCK and KAREN D. HANCOCK
<br />HUSBAND AND WIFE
<br />Of HALL County, and Stair of NEBRASKA in consideration of the sum of
<br />SEVEN THOUSAND SEVEN HUNDRED DOLLARS AND NOJ 100 -------------------- DOLLARS
<br />in hared paid, do hereby SELL and CONVEY unto
<br />RONALD F. MILLER, a single persca
<br />Of
<br />HALL County, State of NEBRASKA the following described premises situated
<br />in Hall County, and State of Nebraska to -wit:
<br />Lot Four (4), Block Two (2), George Loan's Subdivision,
<br />City Of Grand Island, Hall County, Nebraska
<br />SUBJECT TO AN EXISTING MORTGAGE IN FAVOR OF HOME FEDERAL SAVINGS
<br />AND LOAN ASSOCIATION OF GRAND ISLAND, NEBRASKA, IN THE EXISTING
<br />SUM OF $12,998.68.
<br />The intention Beim: io omvey hereby an abradute title in fee - .imple, including ail the rights of homestead and dower.
<br />TO HAVE AND TO HOLD th 1 r rn d i. d rdn d. woh all the appurtenances thereunto belonging, unto the said
<br />mortcageetei and tr, In , her nr their ht ors arr 1 a.; la s lim, er l.n,vdod aluays. and ihc.'e presents are upon the express
<br />condition that if the .aid mortgagor(:! his, h.r or them heirs_ eaerutor,, administrators or assigns shall pay or cause to be
<br />paid to the .raid mortgage isi. his, her or their heirs, executors. administrators or assigns, the principal sutra of $ 7, 7 00. 00 -
<br />pa, rabieas follows, tow -it: The principal SUM Of $7,700, together with interest at
<br />the rate of ten percent (10 €) per annum, with the principal sum
<br />and interest to be paid on or before February 15, 1986. Mortgagors
<br />may prepay principal or interest without_ penalty prior 1-
<br />February 15, 1986.
<br />arid ball 'pay aril lakng to th ,error and .•tf,•e-i ,.f the m rt at:ors wrztl,•n t r miss„ry rn,te fearing even date with these presents
<br />and st:ai ai! taat•- and i.. - ..rnent .led u;a•n ,:u,l t ai •'tat v,! a: rli. r taxt - I— l es and a-. ssmen s levied upon this
<br />tncm Kagt , r l.e n,nr ,s h,. t r m, rr iwi i, given t.. .,,, r.. la f r- i •- ..i 3 ,.rn •. doh n,luerl.. and ktrp the buildings on
<br />.a>.t (ire msws msur,,i for ti ,um ,f 7,70D.00 0 D . 0 D r
<br />r : ns. i, 4n1v . i ,.y :able to the• card mortgagee, then these preseni:•
<br />to Eh �. r'i, otherw -raw• [n t.• -md remaui m fu!1 (,.ice- .
<br />IT ES FURTHER AGREED (!I That if the aid nvirig.tp,y ,hail fad to pan much taxtw or Arocure such insurance, the
<br />said mortgagee• 711a3 pal su :h taxes and pna•ure .uch it uran.t•. ant :ne :um .,, adcana i, with interest at
<br /><v-nt, shall tie• repaid be aid rl .rtgag =r and thl. morig. ,t per
<br />a. .ball Bernd an ..�urrt� Inv the same. 12) That a failure to pay any
<br />of said matev t-ither pnnewal or mtr.•st, whin th,• `nn lrjes due nr .t fadurr, to etxnply with any of the foregoing
<br />agreement,,. shall cause the xhoie not „f mont•v herein vcured to t.eoome due and coller-tible a: once at the option of the
<br />rnor tgattet•.
<br />Signed this f day of October !cl 85 �
<br />in
<br />_114n c
<br />tteph
<br />Karen D. Hancock
<br />STATE OF .. IdEPAaASKA .. ........ . County of .HILLL.
<br />Thy foregoing instrument was acknowledged before the October a l9 8.5.
<br />by Stephen K. Hancock and, Karen D. Hancock, husband and wife
<br />Signature of Persim Taking Acknowledgment
<br />Title
<br />WrATF: OF
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