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37 --REAL ESTATE MORTGAGE —(With Tax Claum) QL=dww Huffman and Felton 8 Wolt, Walton, Ne 68461
<br />KNOIV ALL MEN BY TIiESE PRESENTS: That Mearl D. Plunkett and Jeraldine
<br />Plunkett, Husband and Wife,
<br />of Hall County, and State of Nebraska in consideration of the sum of
<br />Ten Thousand and 00 /100 ($10 ,000.00)--------------- - - - - -- DOLLARS!
<br />in hand paid, do hereby SELL and CONVEY unto Bee Line Motor Freight, a Nebraska
<br />corporation,
<br />of Douglas County, State of Nebraska the following described premises sitteafed
<br />in Hall County, and State of Nebraska to -whit:
<br />Lot Fifteen (15), Eaglewood Acres, a Subdivision in Hall
<br />County, Nebraska.
<br />This Mortgage is given to secure the guarantee of Bee Line
<br />Motor Freight, a Nebraska corporation, of a certain Note
<br />and Mortgage given by Mearl D. Plunkett (Mortgagor herein)
<br />to the First Westside Bank of Omaha, Nebraska, in the
<br />amount of $10,000.00, and which amount we jointly and
<br />severally agree to pay upon demand or whenever the holder
<br />> hereof deems itself insecure.
<br />This Mortgage and Note shall become due and payable
<br />simultaneously with the sale of the above - described
<br />property, and shall be paid from the funds of such
<br />sale.
<br />The intention being to convey hereby an absolute title in fee simple, including all the rights of homestead and dower.
<br />TO IIAVE AND To 1101.0 the premises above described, uith all the appurtenances thereunto belonging,
<br />unto the said mortgagee(s) and to his, her or their heirs and assigns for, -ver, prodded always, and these presents are
<br />upon the express condition that if the said morlgagorrsj, his her or their heirs, executors, administrators or assigns
<br />shall pay or eause to be paid to the said mortgageelsl, his, her or their heirs, executors, administrators or assigns, the
<br />principal .rum of $ 1C, 000. 00 payable as follows, to uit.
<br />on demand or upon the sale of the afore– described property
<br />or if the holder hereof deems itself insecure.
<br />with interest acrordinq to the tenor and effect of the mortgagors wwitlen promissory note bearing even date with these
<br />presents and shall pay all tares and assessments leaded upon said real restate, and all other taxes, levies and assess+nents
<br />leaned upon this mortgage or the note - .vhich this mortgage is given to securr, before the sank' becomes delinquent, and
<br />keep the buildings on said premises insured for the sum of $ 10,000.00 loss, if any, payable to the said
<br />mortgagee, then these presents to be void, olhersoisc to be find remain in full force.
<br />IT IS FURTHER AGREE'I) to That if the said mortgagor shall fail to pay such taxes or procure such in-
<br />surance, the said mortgagee "toy pay such taxes and procure swch insurance; and the suns so adWmced, aith interest
<br />at 122 per cent, .ihall be repaid by said mortgagor, and this mortyogc shall stand (is securily for the same.
<br />(aj That a failure to pay any of said money, either principal or interest, ;when Nee same becomes due, or a failure to
<br />comply with any of the forryoing agrerm nts, shall cause the whole sum of money herein secured to become due and
<br />collectible at once at file option of the rnortgagre. *! I
<br />.Signed this i�,2. day of Srpt��n }�r•.e. ty 81,
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