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<br />1 } S2%s-A---tECOND REAL EtTATE MORTGAGE-Tax Clauaa 'w~,~ !} (1 /~_('` (] !~ Huffman m0 Felton & WWt, Walfan; Ne;:68161 ' ,~~
<br />KNOW ALL MEN BY THESE PRESENTS: THAT I or WE, Rolin D. Kreuchi and Nancy M, Kreuchl. ~ '
<br />of Ha11 County and State of Nebraska . in arotteideratton-of:Htamm~ o[
<br />Ten Thousand and no/100 dollars-------------------------#$10,000.00):-DOLLARS
<br />in-hand--.paid, do hereby SELL and CONVEY unto G.I.U.P. Federal Credit llnion -
<br />523 W. 3rd St.
<br />Grand Island, Ne , (tnortgagee9,
<br />~ Hall County, and State of Nebraska , the tollovring deacribed~,ptemi~es~~.-
<br />nituated-in Hall County, and State of Nebraska to-wit:
<br />Lot one (1) in block one (1)
<br />Westroads Estates second subdivision
<br />Hall County, Nebtaska.
<br />The intention being to convey hereby an absolute title in fee simple including all the rights of homestead and dower.
<br />TO HAYF AND TO HOLD the premises above described, with alt the appurtenances thereunto belonging unto the said
<br />mortgagee or mortgagees and to hi, her or their heirs and assigns, forever, pmvided always, and these Presents am upon the
<br />express eandition that i[ the said mortgagor or mortgagors, hie, her or their heirs, executors, administrators or assigns shall pay
<br />ar cease to be paid to the said mortgagee or mortgagees and to his, her or their heirs, executors, administrators or assigns, fhe
<br />sum of Dollars, payable as follows, tawit:
<br />with interest thereon at per cent per annum, payable annually, wording to the tenor and effect of the
<br />prmnieaary nMe with interest coupons attached of said Martgagore, bearing even date with these presents, and
<br />shall pay all tazee, and any interest on, or maturing installments of principal, due on any prior mortgage and asaessmenfa
<br />levied upon said real estate and all other taxes, levies and ass elements levied upon this mortgage or the note which thin
<br />mortgage is given to nacure, before the same becomes delinquent end keep the buildings on said premises insured for the sum
<br />S ,lose, if any, payable [o eucl~ first mortgagees or thin mortgagee, or both, then these presents be void,
<br />otberwiae: to.6e and remain in fuU force.
<br />1T IS FURTHER AGREED tl) That if the raid mortgagor shall fail to pay such taxes and such interest on, or maturing
<br />iastallmenta of principal, due on any prior mortgage and procure such insurance, then this mortgagee may pay such taxer and
<br />surh interest: on, or maturity instaWnents of princt»el, due on such prior mortgagge and procure such insurance; and the sum
<br />eo;advaoced wfth iuteresF at nine per cant shall be paid by said mortgagor, and tlda mortgage shall stand- as secuzity for the -
<br />spme. (2) That a fa7ure to pay any of said money, either principal-or interest on tbie or any other prior mortgage, when the
<br />setae betxattee due or a failure to comply with any of the toregaing agreemenb, shall cause the whole rum of money herein
<br />secured to beoome duo and collectible at once at the option of the mortgagee.
<br />IT IS FURTHER AGREED That said mortgagee, pending foreclosure of this mortgage and after decree and pending
<br />day_tltereon Rr appeal therefrom amt pending sale of premi9ea mortgaged, ma}• pay such taxer and maturing interest or matur-
<br />iag.uish-hueaq df p ~rmetpai. an prior mortgages, procure such insurance and such aumn shall be added to the amount due on
<br />decree std upon copfirmation -oE sale by the court ordered taken out. at proceeds of sale; ar if redeemed during stay, appeal.
<br />or Bala, euch.amotmta shall be collected the same as though it were a part of such decree.
<br />Sittted-this day of , 19
<br />JJ {,n°~~"I,rn~,--P~~rasy~ance of `i /y /
<br />STATE OF,.,. ~ .
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<br />Bdoy the a.,nMary ~ffablic 4uah8ed for-raid county, pereo>uy came
<br />krgwn W -.tne: to be tbs. identical Person or persona who signed the fare tns w ~~ -. a execution
<br />tlsere,d to. he .hfs, har~ar their. wlutttttry. ac4 and deed. "~°
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