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<br />ii- ('~62~/a.-SECOND REfL ESTATE- i4fORTQAGE-Witti Tax Clause Huffman and Felton & Wolf, Walton, Ne. 68461 f ~!
<br />KNOW ALL MEN BY THESE PRESENTS: 8~... f) U Q:~ `'~
<br />TFIfIT Ioy WE, Timothy G. Jensen and Lori L. Jensen, Husband and Wife
<br />of Hall County and State of Nebraska , in consideration of the siim of
<br />OPIE THOUSAND, FIVE HUNDRED AND NO/100{$1,500.00) ------------------- DOLLARS
<br />iu hand paid, do hereby SELL and CONVEY ustto Larry L. Tuttle
<br />of Hal T County, and State of Nebraska
<br />s%tuated i9i Hall County, and State of Nebraska
<br />(mortgagee J,
<br />the following described premises
<br />to-wit
<br />The Westerly Fifty-two (W52') feet of Lot One (1) in Block Seven(7),
<br />in South Grand Island, Hall County, Nebraska.
<br />Ths inte»tion being to convey hereby ax absolute title in fee simple including all eke rights of homestead and dower.
<br />TO HAVE AND TO HOLD the premises above described, atfth a!t the appurtenances thereunto belonging unto
<br />the said mortgagee or mortgagees and to his, her or their heirs and assigns, forever, provided always, and these pres-
<br />ents are neon the express condition that if the said mortgagor or mortgagors, his, her or their hairs, executors, admin-
<br />istrators or assigns shall Qay or cassse to be paid to the said mortgagee or mortgagees and to his, her or their Aeirs, ex-
<br />ecutors, admi+sistrators or assigns, the snm of One Thousand, Five Hundred and no/100($1,500.00)
<br />Dollars, payable as follows, to-setit;
<br />At Ten {10) Percent interest for Two (2} years, with one payment
<br />of Nine Hundred and no/100($900.00) Dollars due on February 28,1984
<br />and a second payment of Eight Hundred and Twenty-Five and no/100
<br />($825.00) Dollars due on February 28,1985.
<br />with interest thereon at 10 per teat per annum, payable annually, according to the tenor and effect of
<br />the promissory note with interest conpoas attached of said Mortgagors, bearing even date udth these pres-
<br />ents, aced shad pay all taxes and aay iaterast on, or +iwh+ring installments of principal, due on any prior mortgage and
<br />assessments levied upon said real estate and aU other taxes, levies and assessnut»ts levied upon this mortgage or the
<br />note which this mortgage is given to secure, before the same becomes delinquent and keep the buildings an said
<br />prspsiass insured for the sum $ ,lass, if aay, payable to such first snartgagees or this mortgagee, or Goth,
<br />then thesq presents be void, athertuise to be and reawin is fuU force.
<br />IT IS FURTHER AGREED (zJ That if the said mortgagor shalt fail to pay such tares a»d such interest on,
<br />or saatnring ixstall+aents of principal, due on aay prior mortgage and procure such snsurance, then this nwrtgagee nwy '
<br />pay sxrh tales and such interest on, or matxriag instaUmeats of principal, due an such prior mortgage and procnre '.
<br />such uacsetatce; and the sum so advanced with interest at nine per cant shat! be paid by said mortgagor, used this snort- ',
<br />gags shall stead as security for the same. (aJ That a failure to pay any of said money, either principal or interest on
<br />this or any prior mortgage, when the same becomes due or a tailors to comply teeth any of the foregoing agreesnessts,
<br />shall cause the whole sum of +aoasy hersuc secured to become due and collectable at once at the option of the mart-
<br />9~s• '~
<br />IT IS FURTHER AGR.&&D That said mortgages, psading foreclosure of this rnortgnge and after decree and
<br />ptndiag stay thssoa or appeal Nutrifrorrc and pa++ding sak of premises mortgaged, nwy pay such taxes and maturing ~
<br />intarsat or nuitutis4g. in.ii~€ of pxiwsipo+t on prier mortgages, procure such insurance and such sutn.i shat! be
<br />added to the amdunt dwe oa det~su,m+d-npzn~coafirmahon of sale by the court ordered taken out of proceeds of sale;
<br />or if redeemed daring stay, appeal or-eats, such amouak shalt bs cotketed the same os though it wars a pnrt of such
<br />da,~+ts.
<br />~ +~ 28th ~ of February . tv ~
<br />!n PwCSSNCr of -'~ r ~
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