<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.
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<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 _
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<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+
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<br />'s s t `' G Signatttre of Person Taking Acknowledgment
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<br />My Gomnissi o ^~ir:$`-~~.~$4 , .. _ .. No.tary_ Public , ,
<br />~F gli~~~ Title ........
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<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........._......._._....._.__-..__..
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<br />.____......_....._.....,.___...__ ._-_..._..... __ ..Belt. of Lleects ~
<br />By._...._. _._.._..,..... __._ ... .. .........._.- _-.LY.tfwty
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