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<br />52 A-REAL ESTATE MORTGAGE-(With Tax Clause) Rev. 78 <br />f <br />1, <br />Huffman and Felton R Wolf, Walton, Ne. 68461 ~ , <br />KNOW ALL MEN BY THESE PRESENTS: That RAYTOM, A PARTNERSHIP b~~~a085~ <br />of Hall County, and State of Nebraska , in consideration of the sum of <br />Six Thousand Nine Hundred Fourteen and 00/100-----------------------------------~LLARs <br />in hand paid, do hereby SELL and CONVEY unto The First National Bank of Grand Island, <br />Grand Island, Nebraska <br />of Hdl 1 County, State of Nebraska the following described premises situated <br />in Hall County, and State of Nebraska , to-wit: <br />Lot fifteen (15) in Sosselman Second Subdivision, an Addition <br />to the City of Grand Island, Hall 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, with 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 />rnndition that i( the said mortgagor(sj, his, her ar their heirs, executors, administrators or assigns shall pay of cause to be <br />paid to the said mortgagee(s), his, her or their heirs, executors, administrators or assigns, the principal sum of $ 6 ,914.00 <br />payable as follows, to wit: <br />Twenty-Nine (29) Monthly Installments of 5277.80 commencing March 15, 1983 and One <br />(1) final installment of 5277,60 due and payable August 15, 1985. <br />with interest according to the tenor and effe~K of the mortgagors written promissory note bearing even date with these presents <br />and shalt pay all taxes and assessments levied utron said real estate, and all other taxes, levies and assessments Sevied upon this <br />mortgage or the note which this mortgage is given to s pure, before the same becomes delinquent, and keep the buildings on <br />said premises insured for the sum of S 6 , 914. OO lass, 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 FURTHEK AGREED (1) 'That if the= said murtga gur shalt fail to pay such fazes or procure such insurance, the <br />said mortgagee may pay such taxes and prceure such insurance; and the sum so advanced, wiW interest at fifteen per <br />cent, shall be repaid by said mortgagor, :urd this nwrtgage shall stand a, security [or the same. (2) That a failure to pay arty <br />of said money, either principal or interest, when the same txr umes due, or a failure to comply with any of the foregoing <br />agreements, shall cause the w}rolr sum of nwney herein s[aured to become due and collectible at once at the option of the <br />mortgagee. <br />Signed this 15thaay of February Is 83 . <br />In presence of RAYT,O'M~.,_ A_ Partnershi p__ ,_ _... __.__._ ....................... <br />__..._..__ ....._ _... _ .__ _.. ~y at.~.~~.~ <br />STATE OF ..... ,Nebrask <br />~i' .. , <br />The foregoing i ;~>~~aii-@i:} <br />~~ <br />by ..Tbottk~s.L...S +~Qv><'t~ar,~~ <br />C?tt'IRES <br />i n behal f of RA OMx. A Partite <br />My Commission Expires: 1/2184 <br />Tholt~s L'~:~ iatoviak, Partner ~ <br />Nat 1 ~ 3mv ' Etmmrr-~-at~tnei <br />.County of .......................: <br />e <br />M i <br />ged before me . _ ... .......F~bruarY....15........19 .83. , t <br />a I <br />" d Raymond J, O'Connor, Partner, all of the partners <br />Signs ``o Person Taking Acknowledgment i <br />.Nf)tdrY..PUb.1.1C ..................... <br />Title <br />STATE OF...___._._..._.....___.--._....__.......-._._-- --..... t Entered un numerical index and filett fur record <br />{ffi <br />County ..................... ......._....................... J in the Register of Dee,tis O9'x•u u! said County the ~ <br />..................say oG.............._ -.__...... __, 19............, at...._ _.... __. ...._..oclock arrd......__... .._._. .minutes _._ ....._ ..._M., <br />std rattxrtiad Gr hark... _- -.....-.__. of ............... ._... . _...at page..... _. _ .... ~ <br />...._. _._ ..._ .. _._ .__...._ .. - ... Reg, of I:;!ceda i <br />,; t <br />Iiy.. Deputy w <br />i <br />