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<br />52.A-REAL ESTATE MORTGAGE-(Wlth Tax Clau..) Rev. 78
<br />
<br />Huffman and Felton & Wolf, Walton, Ne. 68461
<br />
<br />($165,000.00)
<br />
<br />, in consideration of the sum of
<br />DOLLARS
<br />
<br />
<br />of
<br />
<br />KNOW ALL MEN BY THESE PRESENTS: That
<br />Husband and Wi:fe
<br />Hall County, and State of Nebraska
<br />One Hundred Sixty Five Thousand and nO/100
<br />in hand paid, do hereby SELL and CONVEY unto
<br />Bank of Doniphan, Doniphan, Nebraska
<br />Hall County, Stale of Nebraska
<br />Hall County, and State of Nebraska
<br />
<br />Gordon D. Graf' and Sally M. Graf'
<br />
<br />of
<br />
<br />the following described premises situated
<br />, f<>.wit:
<br />
<br />in
<br />
<br />South West Quarter (sW;t) 13-9-10- Hall County, Nebraska.
<br />
<br />
<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 />condition that if the said mortgagor(s), his, her or their heirs. executors, administrators or assigns shall payor cause to be ,
<br />paid to tbe said mortgagee!s), his, ber or their be"s, executors, administrators or assigns, the principal sum of $165,000.00:
<br />payahleasfoJlows.towit: $15,000.00 each year plus interest @13 3/4 ~ for Five
<br />years, starting January 10,19$4~19$5,1986,19$7 and final payment due
<br />of $105,000.00 January 10,19$8 plus interest.
<br />
<br />
<br />with interest according to the tenor- and effect of the mortgagors written promissory note bearing even date with these presents
<br />and shall pay all t.a.z:es and ~ents levjed upon said rea! estate, and all other taxes. levies and assessments levied upon this
<br />mortgage or the note .which this mortgage js given to secure. before the same beeom.es delinquent.. and. keep the buildings on
<br />said premises insured for the sum of $ , loss. if any, payable to the said mortgagee, then these presen...
<br />to be void. otherwise to be and remain in fun force.
<br />IT IS FURTHER AGREED (I) That if the said mortgagor sball fail to pay such taxes or procure such insurance, the
<br />said mortgagee- may pay such tues and procure such insumnce; and the sum so advanced, with interest at 13 3/4 per
<br />cent, shall be 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 Of" interest. when the same becomes due. or a failure to comPl.v with any of the foregoing
<br />acreements, shall cause the whole sum of money herein secured to become due and collectible at once at the option of the
<br />mortpsee,
<br />Siped this 10thdayof N!arch
<br />
<br />tb..r19$3
<br />
<br />:;1
<br />
<br />X".,'.QV~!.~~\".~'/~:1..~:""""""""'"
<br />~~.~.!-~j 1
<br />
<br />In presence of
<br />
<br />
<br />STATE OF" ,Nebra5ka"."""".", County of ., ,tla.ll".,."."
<br />
<br />The foregoing instrument was acknowledged before melOth, ,d ~. of, .March, ' , , , , . , , , , , , , ~3 , , , ,
<br />
<br />by...... !lor.dan. D...Gr:af., and Sally ro!.
<br />
<br />
<br />---_..-...,
<br />G!OlIGI H. WMI1'IlCHKE
<br />-.-.,f\llt.U,l_
<br />
<br />Graf'. Hssoand and Wife
<br />
<br />, /L( (Vtl/r;-~
<br />,.~".,""""""',.,""""""""'"
<br />Signaturd of Person Taking Acknowledgment
<br />
<br />. " " ,t19,1;.?n, , . , , , , , , , . . . . . , , , , " ",.,.'".,.,.
<br />Title
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<br />Entered on nwnerieal index IIJllti flied for .....,rd
<br />in the R.pler of Deoda 0lIIce of IlIill County the
<br />
<br />
<br />19........, at...
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<br />lb.
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<br />,Rec, of IJMdo
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