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IN <br />85-= 00578 3 <br />52 -A —REAL ESTATE MORTGAGE —f With Tax Clause) Rev, 76 Huffman and Felten 8 Wolt, Walton. Ile. 68461 , <br />KNOW ALL MEN BY THESE PRESENTS: That Edward D. Dubas and Monadine L. Dubas, <br />Husband and Wife, <br />of Hall county, and State of Nebraska <br />Five Thousand Four Hundred Dollars in consideration of the sum of <br />XXMMM*T 9, <br />in hand paid, do hereby SELL and CONVEY unto Robert K. Yost <br />of Jackson County, State of Oregon 9 the following described premises situated <br />in Hall County, and State of Nebraska <br />to-wit: i <br />Lot Three (3), Block Two (2), <br />Dale Roush Subdivision, Hall j <br />County, Nebraska, ! <br />i <br />i <br />The intention lx•ing n, convey herehp an absolute tilt(- in fee s)mple, including all the rights of homestead and dower. <br />i TO HAVE AND TO HOLD the prenuses above described, with all the appurtenances thereunto belonging, unto 'he said <br />mortgagee(s) and to his, her or threw heirs and assigns forever, provided always, and these presents are upon the express <br />r ndition that if the said mortgagor(.;), his, her or their heirs, executors, administrators or assigns shall pay or cause to he <br />paid to the said mortgageeis), his, her or their heirs, executors, administrators or assigns, the principal sum of $ 5 , 4 00 . 00 <br />payable as fellows, to wit7 At the rate of $254.20 per month, including principal and interest at <br />the rate of 12`� per annum, for a total of 24 such payments, such payments to be payable <br />in advance on the first of each month, with the first such payment being due January 1, 1986. <br />In addition to the principal sum being due and payable as above, mortgagors agree <br />to pay with each monthly installment payment of $254.20, an additional amount of $50.20 <br />as a deposit to cover real estate taxes and insurance, which amount is subject to adjust <br />meat by mortgagee as necessary to cover such taxes and insurance. All payments are to be <br />made directiv to mortgagee at 1711 Lillian, ;Medford, Oregon, 97501. <br />with omrrect acrx)rdong a, the tenor and effect of the mortgagors written promissory note hearing even date with these presents <br />and hall pay all loxes and nsessment. I.•cted ufxin said real estate, and all other taxes, levies and assessments levteii upon this <br />mortgage or the nore'whu -h the. mortgage is given to secure. hi•fo -"• I.he same becomes delinquent. and ktwp the buildings on <br />saki premises msure•d for the >un, of $ loss, if any, payable to the said mortgagee, then these presents <br />to Ix• wed. wherwi— to b.- end r, mare ui foil force•. <br />IT f5 FI "H "I'II]:fi :MMEE'D Ili That if the said mortgagor shall fail to tiny such taxes or procure such insurance, the <br />said mortgagee may pay .urh /axes and im,cure such insurance; and the sum so advanced, with interest at per <br />(rent. (hall Le rep,nd he .aid mortgag(pr . and this mortgage shall stand as security for the same, 12) That a failure to pay any <br />of said money, e•fther principal r r interest, when the name !x•cumes due, or a failure to comply with any of the foregoing <br />agreernenu+, shall cause the whole �uue (it money herein secured to become due and collectible at once at the option of the <br />mortgagee. <br />aigneYl this day of October <br />19 85 a <br />EDWARD D. DUBAS.. y ._....._.. <br />MONAD ?NE L. DUBAS <br />STATE OF .... XEf3.RA,5KA ............. count ;v of .. ....kiAL1, . .... . <br />The foregoing instrument was acknowledged before me <br />.19.35 <br />by _ ldward D. Dubas and Monadine L. Dubas. <br />111W 0 11 <br />SignaLnrt of 1'erwm Taking Acknowledgment <br />Notary <br />IMATF. OF <br />I•:nterwi on numenral index and filet, for retitionl <br />t "aunty m the Register of Deeds UHia• of gaul County the <br />flay of 19 at .'dock and <br />nunutos M . <br />sect reK�e >rrlesl in 1Sf.k „( at page <br />12eg .4 (hvsis <br />fly I letiu t y <br />�I <br />