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<br />Huffman and felton & Wolf. Walton, Ne. 68461
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<br />Ii i 52.A-REAL ESTATE MORTGAGE-(With Tax Clause) Rev. 78
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<br />H I KNOW ALL MEN BY THESE PRESENTS: That Gene Carlson, Pres iden t of Future
<br />!! : Electric, Inc.
<br />I of Hall County, and State of Nebr aska , in consideration of the sum of
<br />'i I Thirty Thousand Dollars ($30,000.00)----------------------------- DOLLARS
<br />II i in hand paid, do hereby SELL and CONVEY unto John Mohr
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<br />Hall
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<br />County, State of
<br />County, and State of
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<br />Nebraska
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<br />the following described premises situated
<br />. to-wit:
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<br />Lot One
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<br />(1), Schuele'Second Subdivision,
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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 aU 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 />condition that if the said mortgagor(s), his, her or their heirs, executors, administrators or assigns shall payor cause to be
<br />, paid to the said mortgagee(s), his, her or their heirs. E'xecutors. administrators or assigns. the principal sum of $ 53,433.79
<br />i payable as foHows. to wit:
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<br />Due to notes
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<br />with interest according to the tenor and effect of the mortgagors '....ritten promissory note bearing even date with these presents
<br />and shall pay all taxes and as.....~ssments levied upon said real estate, and all other taxes. levies and 8SSE'SSments levied upon this
<br />mortgage or the note 'which this mortgage is given to St'<..:ure, before the same becomes delinquent. and keep the buildings on
<br />. said premises insured for the sum of S 53, 500 . 00 , loss, if any, payable to the said mortgagee, then these presents
<br />to be void, otherwise to be and remain in full forct>.
<br />IT IS FURTHER AGREED (1) That if the said mortgagor shall fail to pay such taxes or procure such insurance, the
<br />said mortgagee may pay such taxes and procure such insurance: and the sum so advanced, with interest at 9 per
<br />cent. shall he repaid by said mortgagor. and this mortgage shall stand as security for the same. (2) That a failure to pay any
<br />of said money, either principal or interest. when the same becomes due. or a failure to comply with any of the foregoing
<br />, agreements, shall cause the whole sum of money herein secured to ~me due and collectible at once at the option of the
<br />mortgagee, ....,-.
<br />Signed this f day of March 1983 '
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<br />In presence of
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<br />!ie.v. C~,...d.J.<:"-
<br />t'e'iieTil1'TSOii;"1're'sTdenE.'
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<br />STATE OF , . , ' J:UiBRAS.KA ' , , , , , , , , , ., County of . ,HALL, . , , , , , , , , , , , , , , , ' , , :
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<br />The foreg~ing instrument was acknowledged before me ,."" Mar,c h. ' .; , , J , , , , , . , , . .. .. ' , .198.3, ,
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<br />by .~~~~..c;~i?,Q!1,.,..~l'~;;.ident of
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<br />Future Electric, Inc.
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<br />Title)
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<br />STATE OF,_..,..,..
<br />County
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<br />Entered on numerical indE"x and filed for record
<br />in the Register of Deeds Office of said County the
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<br />.........cIa)' 01...,.
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<br />HH.... 19,..., 'HH" aL... ....Ho.clock and.....
<br />...... ..01...... ......at page.,.,...
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<br />.. ...minutes ...
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<br />BY".H'
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<br />Reg, of Deed.
<br />Deputy
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