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<br />52.A_REAL ESTATE MORTGAGE-(Wlth Tax Clau...) Rev. 78
<br />
<br />Huffman and Felton & Wolf, Walton. Ne. 68461
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<br />KNOW ALL MEN BY THESE PRESENTS: That Jerrold H. Jenson & Sally H. Jenson, husband
<br />and wife, each individually in his and her own right and as spouse of the other.
<br />
<br />of Hall County. and State of Nebraska , in consideration ofthe aum of
<br />
<br />FIFTY-FIVE THOUSAND AND NO/lOo-------------------------------------------------~LLARS
<br />
<br />I in hand paid. do hereby SELL and CONVEY unto The First National Bank of Grand Island
<br />
<br />
<br />of
<br />in
<br />
<br />Hall
<br />Hall
<br />
<br />County, State of
<br />County, and State of
<br />
<br />Nebraska
<br />Nebraska
<br />
<br />the following descri~ premises .ituated I.
<br />, to-Wlt:
<br />
<br />;f'o-
<br />"<3":
<br />a:>;~
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<br />0-
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<br />0')
<br />CO
<br />
<br />Lot Eleven (11) Western Heights Second Subdivision
<br />in Hall County, Nebraska
<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 the said mortgagee(.). his. her or their heirs. executors, administrators or assigns, the principal sum of $ 55,000.00
<br />payable as follows, to wit:
<br />
<br />Principal amount of $55,000.00, plus accrued interest, due and payable on July 5, 1983
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<br />
<br />I
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<br />I
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<br />
<br />with interest according to the tenor and effect of the mortgagors written promissory note bearing even date with these presents I
<br />and shall pay aU taxes and assessments levied upon said real estate. and all other taxes, levies and assessments It:'vied upon this I
<br />mortgage or the note ""Which this mortgage is given to se<.ure, before the same becomes delinquent. and keep the buildings on
<br />said premises insured for the sum of $ 55,000. 00 ' loss. if any, payable to the said mortgagee. then these presents
<br />to be void. otherwise to be and remain in full force. I
<br />IT IS FURTHER AGREED (1) That iI the said mortgagor shall fail to pay such taxes or procure such insurance, the I
<br />said mortgagee may pay such taxes and procure such insurance; and the sum so advanced, with interest at 16 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 or interest. when the same becomes due. or a failure to comply willi any of the foregoing
<br />agreements. shall cause the whole sum of money herein secured to become due and }:ollecti}>le at once at the option of the
<br />mortgagee, .I ! I
<br />Signed this 5th day of April 19 8~3 ' I I
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<br />In presence of " ("',...', ...... '~"""j'trrciI(f II:" 'Jenson" I
<br />
<br />~dl~tr;B. j~,o~.1
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<br />
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<br />STATE OF , ' , , , , ,~~1>;r:l!~lql, . , , , , , , , , , '. County of "", ~;1,~ , , ' , , , , , , ' , ' , . , , , , : I
<br />
<br />
<br />The foregoing instrument was acknowledged before me """ !lP.J;g, ,5""..,."."".".." ,19, ,~~, I
<br />
<br />husband and wife I
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<br />. ~.()// ,?/~ I
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<br />""71d~/,.,,"',.,',.,"""',..,,., I
<br />
<br />Title '/J' i
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<br />STATE OF............,....,...........,...,........ Entered on numerical index and filod for record I
<br />. in the Rsgiater of Deed. Office of said County the !
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<br />....,...........,.......day ol.........................,...,..,.............,. 19,.... '...." at.. ..........,...........,.,....o.cJock and........ .,.,.........roinutes ........, .M,.
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<br />IIQd ~ lnDook......,.,.......,..,...................,.,of.................,............. ........at page.........................., !
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<br />.....,.....,............ ... ...Hog, of Deeds I
<br />By,... ......Depuly i
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