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52•A —REAL ESTATE MORTGAGE —(With Tax Clause) Rev. 78 Huffman and Felton & Wolf, Walton, Ne. 68461 <br />KNOW ALL MEN BY THESE PRESENTS: That Marlin J. Gauthier and Janice L. Gauthier, <br />Husband and Wife `. <br />of Hall County, and State of Nebraska in consideration of the sum of <br />Thirty -two Thousand and no/ 100-------------------------- ---- ---- --- -($32,000.001POLLARS <br />in hand paid, do hereby SELL and CONVEY unto Norwest Bank Nebraska, National Association <br />Of Hall County, State of Nebraska the following described premises situated <br />in Hall County, and State ofNebraska to -wit: <br />Lot Nine (9) in Block Six (6) in "Ciuntry Club Subdivision" being <br />a part of the East Half of the Northwt:t Quarter (E?NWi) of Section <br />Twenty -eight (28) in Township Eleven (11) North, Range Nine (9), West <br />of the 6th P.M. in The Village of Parkview, now City of Grand Island, <br />Hail County, Nebraska. <br />The intention being to convey hereby an absolute title in fee simple, including all the rights of homestead and dower. <br />TO HAVE AND TO HOLD the premises above described, 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(sl, his, her or their heirs, executors, administrators or assigns, the principal sum of 332,000.00 <br />payable as follows, to wit: <br />239 payments of $357.94 principal and interest due the first of each me:ith <br />commencing January 1, 1986, and 1 riral_ payment of 1"358.70 Niue and payable <br />on December 1, 2005. <br />with interest according to the tenor and effect of the mortgagors written promissory note bearing even date with these presents i <br />and shall pay all taxes and assessments levied upon said real estate, and all tither taxes, levies and assessments levied upon this <br />mortgage or the note which this mortgage is given a) sesvre, before the same becomes delinquent, and keep the buildings on <br />said premises insured for the sum of $ 32,o00.00 loss, if any, payable to the said mortgagee, then these presents <br />to be void, otherwise to be and remain in full force. <br />IT IS FURTHER AGREED (1) That if the said mortgagor shall fail to pay 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 12. G5 per <br />cent, shall be repaid by said mortgagor, and this mortgage shall stand as security for the same. (2) That a failure to pay any <br />of said money, either principal or interest, when the same becomes due, or a failure to comply with any of the foregoing <br />agreemients. atoll cause the whole sum of money herein secured to become due and collectible at once at the option of the <br />mortgagee. <br />i <br />signed this 22nd day of November y <br />!G � <br />In presence of <.......6i ... ...... ............. <br />Harlin J. Ga -hier <br />.. ................ <br />San_ce r.. ,, utbier <br />SPATE OF ...... ,13ebra3ica County of ... hall .. . <br />The foregoing ins owledglad before me Novembe.r 22 85 <br />. ........................19..... <br />by N,arlin J u f.. _,authier, Husbdns .xnJ Wile <br />WARY <br />milln <br />............. ":c.:_..z:..... <br />S #� Signature of Person Taking Acknowledgment <br />or Nutary i'ubl.i, <br />................... .............................. <br />Title <br />STATE OF.... <br />County ... _ <br />day of <br />and r W in ISook <br />! <br />Entered "n numerical index and filed for record <br />in the Regisler of Deeds Office of said County the <br />19 at o'clock and minutes M., <br />of lit page <br />Rex of (.)reds <br />fly Doputy <br />J <br />