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<br />52-A-REAL ESTATE MORTGAGE-{With Tax Cfause) Rev. 78 <br />Huffman and Felton & Wolf. Walton, Ne. 68461 <br />KNOW ALL MEN BY THESE PRESENTS: That Thomas M. Farr and Bonita J. Farr, Husband <br />and Wife <br />of Hdl 1 County, and State of Nebrd Ska , in consideration of the sum of <br />FIVE THOUSAND AND NO/100----------------------°------------------------------- DoLLARs <br />in hand paid, do hereby SELL and coNVEY nnto The First National Bank of Grand Island, <br />Grand Ill-and, Nebraska <br />of Hall County, State of Nebraska the following described premises situated <br />in Hall County, ana state of Nebraska • to-wit. <br />LOT FOUR (4), ISLAND ACRES NUMBER NINE (9), <br />~ AN ADDITION TO THE CITY OF GRAND ISLAND, <br />~ HALL COUNTY, NEBRASKA. <br />L <br />M <br />QO <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, with afl 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 axe upon the ezpresa <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(s), his, her or their heirs, executors, administrators or assigns, the principal sum of $ 5,000. OO <br />payable as follows, to wit: <br />FIFTY-NINE (59) CONSECUTIVE MONTHLY INSTALLMENTS OF $120.93 <br />INCLUDING PRINCIPAL AND INTEREST COMMENCING MARCH 1, 1983 <br />AND ONE FINAL INSTALLMENT OF $120.66 DUE AND PAYABLE <br />FEBRUARY 1, 1988, <br />with interest according to the tenor and gilled of the mortgagors written promissory note bearing even date with these presents <br />and shall pay al! rases and assessments levied upon said ccaf estate, and all other taxes, levies and aesesstnenis levied upon this <br />mortgage or the Hate -which this martgage is given to stt~ure, before the same becomes delinquent, and keep the buildings on <br />said premises insured far the sum of $ 5,000.OO fans if any, payable to the said mortgagee, then these presents <br />to be ae~id, otherwise to be and rc~main in full force. <br />IT IS F[IRTt)ER AGREED (li 'T'hat if the said nwrtga gor shall tail to pay such lases or procttre such insurance, the <br />said moetgagce may pay such tales and pr<,eure sucl, insurance; amp the sum so advanced, with interest at 15.75 pet <br />cent, shall be repaid by said martgagar, and this mortgage shall stand as security for the same. (2) Thak a £ailure to pay aqy <br />of said money, either principal or interest, when the same becomes due, ar a failure to comply with any of the foregoing <br />agreements, shall cause tfie whole sum of maney herein seavred to 1kcvnne due scot collectible at once at the option of the <br />mortgagee. <br />signed this 19th say aI January !s 83 . <br />_.. ~~~ y~/JJ <br />In presetxv~ of ...... .._. t`~/.......e-.,'~SGLl.~~..._...._.._....... <br />Thoujas ~. Ferr,~ <br />Bonita J. Fal~ <br />STATEOF....Nebraska ...............Countyof .... Ha11 _ <br />....................... <br />The fotegoin$ instrttment was acknowledged before me .... , .January ,1, 9, , , , ,, , , , , , , , , 19 , . 83 <br />--~~.*A i. ;z-,. <br />by _. Thomas ,M.. F~rr~?i~i~~Bot~~ctp°~,J. Farr, Husband and Wife <br />- ~~ y, - a -s -. ,f+ <br />i ' <br />'s s t `' G Signatttre of Person Taking Acknowledgment <br />.*,..•~ <br />My Gomnissi o ^~ir:$`-~~.~$4 , .. _ .. No.tary_ Public , , <br />~F gli~~~ Title ........ <br />°t~ <br />~'1'ATB (}F~._._._._..,.,_..._ ...................._........_.__..... i Entered on numeripti index and filed for terord <br />Crytpfyr . - ~ sa. in the Register of Detda OHtce o[ said County the <br />....._._....,_..._drkq ~_..__._....._.,..........___.-._.._-.. 39__..._,.., at ........................_..ddoek and..-•--..._..._......mimutas ....,.-......_,.....M., <br />lmt! tYwtndtMd in }3rrolt..w....._..._ .................._.._.of..__,._._-__.._.-_._..._..at page........._......._._....._.__-..__.. <br />Y-.4' ~; _ <br />.____......_....._.....,.___...__ ._-_..._..... __ ..Belt. of Lleects ~ <br />By._...._. _._.._..,..... __._ ... .. .........._.- _-.LY.tfwty <br />_ .,- i <br />