Laserfiche WebLink
<br />t` <br />~. <br />~. <br /> 84 ~`r~cEaass <br />i REAL ESTATE MORTGAGE <br /> LEROY A. MEYER and MARGARET A. MEYER, herein called the <br /> Mortgagors, in consideration of TWENTY-ONE THOTJSAND O~I'E-HiJNI7RED <br /> FORTY DOT,LARS ($21,140.00) do hereby mortgage' to ROWER'S C. E'OR17 <br /> and SHIRLEY G. FORA, herein called the Mortgagees, the-following- <br /> described real estate in Hall County, and State of Nebraska: <br /> Lot Two (2) in Voss Subdivision to the-.City <br /> of Grand Island, Nebraska, being all that <br /> part of the East one-Half (E'~} of the South- <br /> west Quarter (SW,I o£ the West One-Half (W'~) <br /> of the Southeast Quarter (SF.;I of Section <br /> Eleven (11), Township Eleven (111, Range Nine <br /> (4- West of the 6th P.M., lying South of-the <br /> Lincoln Ftighway. <br /> The Mortgagors do hereby covenant with the Mortgagees and <br /> with Morgagees` heirs and assigns that Mortgagors are lawfully <br /> seised of. said Premises, that they are free from encumbrance, <br /> that Mortgagors have good right and lawful authority to convey <br /> the- same, and that Mortgagors warrant and will defend the title <br /> to said premises against the lawful claims of all persons <br /> whomsoever. <br /> This Mortgage is a first purchase money mortgage given to <br /> secure the payment of the principal sum of. Twenty-One Thousand <br /> One Hundred Forty Dollars ($21,140.001, without interest, <br /> according to the terms of a certain Promissory Note of even date, <br /> executed by the Mortgagors to the Mortgagees, due the 1st day of <br /> May, 1988, the terms and conditions of which Note are inc~ po- <br /> rated herein and made a part hereof by this reference. <br /> The Mortgagors agree to pay all taxes and assessments upon <br /> said premises and all other taxes, levies and assessments levied <br /> upon this Mortgage and the Note which this Mortgage is given to <br /> secure before the same become delinquent. In the event the <br /> Mortgagors shall fail to pay such taxes before delinquent, the <br /> Mortgagees may pay such taxes or other liens and shall have a <br /> lien secured hereby for the amount so advanced with interest <br /> thereon at the maximum legal rate. <br /> In the event the Mortgagors default in the payment of said <br /> indebtedness or any installment thereof, or fail to perform any <br /> of the other agreements herein, the Mortgagees at their election <br /> may declare the entire debt secured by this Mortgage to be due <br /> -1- <br /> U <br /> <br /> <br />