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52 -A —REAL ESTATE MORTGAGE —(With Tax Clause) flea ;S Huffman and Felton & Wolf. Walton, Ne.G688461
<br />85 _ __.
<br />KNOW ALL MEN BY THESE PRESENTS: That Thomas S. Nabity qnd Jeanne M. Nabity, Husband
<br />and Wife
<br />of Hall County, and State of Nebraska in consideration of the sum of!
<br />Three Hundred Four Thousand Four Hundred Thirty -one and 66/100- ($304,431.66) - -- DOLLARS
<br />in hand paid, do hereby SELL and CONVEY unto Nor•west 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 Two (2), Medical Park Fourth .u!i,divi ion, the City of Grand
<br />Island, Hall County, Nebraska.
<br />The intention heing 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, with all the appurtenances then unto 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 naortgagur(s), his, her or their heirs. executors, administrators or assigns shall pay or cause to be
<br />paid to the said mortgagee(s), his, her or their heirs, executors. administrators or assigns, the principal sum of S 304,4;;1 .65
<br />parable as follows, to wit:
<br />42 _..staIlinentS of ,626.05 , in ipal and inIe. ,.st. due m he _ _rst of
<br />�wc.. :Month co.,ire ._ing December _, 198 end _nal_ In.,._llmc':t 0 J3
<br />due -and payable on ;uly i, 1989. Fina1, ..uym<nt __ 33n :.nd __.der : -.,c4y
<br />'or,r.ider r e_t 'In ance.
<br />with interest according to the tenor and effect of the mortgagors written promissory note hearing even date with these presents
<br />and shall par all taxrv, and assessment, Icvo• I ul o said read e -fate. and all other taxes. levies and assessments levied upon this
<br />mottgage or the note µhuh this ma rtti agv as given to ,et ore before the ,tame bee ones dt4inquent. and keaop the buildings on .
<br />wid prrrrusaw insurvil for the sum of $ SO4 14 loss, at any, payable to the said mortgagee, then these presents
<br />to be t'oi d, otherwisi• to tw- and remain in full force
<br />IT IS FURTHER AGREED If) That if the said mortgagor shall fail to pay such taxes or procure such insurance, the
<br />:aid mortgagee may pay such taxes and procure such Insurance: and the sum so advanced, with interest at 1 ?, L5 per
<br />rent, shall be repaid by sod mortgagor, and this mortgage shall stand as security for the same. (3) That a failure to pay any
<br />of said money, either principal or interest. when the same be•rtnnes clue, or a failure to comply with any of the foregoing
<br />agreement%, shall cause, the whtde sum of money herein secured to In -come due and collectible at once at the option of the
<br />mortgagee
<br />Signed this = =.' day of ;tovetnber Ig
<br />n,
<br />In presence of �• Yrf /%1� %�
<br />i
<br />- tae, ill �31) . V
<br />STATE OF.. . .............. . County of ... . i; 1i i . ................
<br />The foregoing instrument was acknowledged before me ;i.:':• mt e. '. 19
<br />by.... Jt., nne M. Nab.: /, u� —I'in 'tl,d `rift,.
<br />..........
<br />0MIILem"M Signature of Person 'faking Acknowledgment
<br />IM Odl�w i1►11/ 1; MM
<br />................ . ... .
<br />'I'll le
<br />f3TATE OF Entered on numerical index and filed for record
<br />� 144
<br />County in the Register of Deeds Office of saki County the
<br />day of Ida et o'clock and minutes
<br />wind ri vordKf In Rook ..d at page .
<br />Reg, of Der is
<br />fly Deputy
<br />
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