Laserfiche WebLink
<br />r <br /> <br /> <br />83_0UIJJD <br /> <br />REAL ESTATE MORTGAGE <br /> <br />KENNETH W. STAAB and ROSE MARY STAAB, herein called the <br />Mortgagors, in consideration of FORTY-EIGHT THOUSAND SEVEN HUNDRED <br />FIFTY DOLLARS ($48,750.00), do hereby mortgage to ROBERT A. SCOTT, <br />JR., and DOROTHEA E. SCOTT, husband and wife, as joint tenants and <br />not as tenants in common, herein called the Mortgagees, the <br />following-described real estate in Hall County am State of Nebraska: <br /> <br />Lot Twenty (20), except the northerly One (1) foot thereof, <br />all in Holcomb's Highway Homes, a subdivision of part of the <br />Northeast Quarter of the Northeast Quarter (NEtNEt), and part <br />of Lot Four (4) Mainland, all in Section Twenty-eight (28), <br />Township Eleven (11) North, Range Nine (9) West of the 6th <br />P.M., Hall County, Nebraska. <br /> <br />The Mortgagors do hereby covenant with the Mortgagees and with <br />Mortgagees' heirs and assigns that Mortgagors are lawfully seized <br />of said premises, that they are free from encumbrance, that Mort- <br />gagors have good right and lawful authority to convey the same, and <br />that Mortgagors warrant and will defend the title to said premises <br />against the lawful claims of all persons whomsoever. <br /> <br />This Mortgage is a first purchase money mortgage given to <br />secure the payment of the principal sum of Forty-Eight Thousand Seven <br />Hundred Fifty Dollars ($48,750.00) and interest thereon, according to <br />the terms of a certain Promissory Note of even date, executed by the <br />Mortgagors to the Mortgagees, due the 15th day of March, 1988, the <br />terms and conditions of which Note are incorporated herein and made <br />a part hereof by this reference. <br /> <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 axes 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 /> <br />In the event the Mortgagors default in the payment of said <br />indebtedness or any installment thereof or fail to make payment of <br />taxes before same become delinquent or fail to perform any of the <br />other agreements herein, the Mortgagees at their election may declare <br />the entire debt secured by this Mortgage to be due and collectible <br />at once and may foreclose this Mortgage for the satisfaction thereof. <br /> <br />Signed this <br /> <br />11th day of <br /> <br />, 1983. <br /> <br />rY7 0../'1 (h <br /> <br />Kjzi;';:~a~/~ - / <br />~:?~/i~_t <br /> <br />ST~TE OF NEBRASKA <br /> <br />aoUNTY OF HALL <br /> <br />On this 11~h day of /1~~(h , 1983, before me, the <br />undersigned, a Notary Public duly commissioned and qualified for <br />in said County, personally came Kenneth W. Staab and Rose Mary <br />Staab, husband and wife, to me known to be the identical persons <br />whQse names are affixed to the foregoing real estate mortgage and <br />acknowledged the execution thereof to be their voluntary act and deed. <br />Witness my hand and Notarial Seal the day and year last above <br />written. <br /> <br />ss: <br /> <br />~_.-----] <br />....._~~- <br /> <br />, fd"...ci..(\ U ,1') ,<..It,) <br />Notary Publ i.c <br /> <br />,fJ!J <br />