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<br />~,,, S2-A-REAL ESTATE MORTGAGE-(With Tax Claws) Rev, 79 _
<br />•~.,~
<br />Huffman and Felton & Wolt, Walton, Ne. 66191
<br />IKNOW ALL MEN BY THESE PRESENTS: That Wayne Cornelius and Sanna R. Cornelius, Husband
<br />land Wife, each individually in his and her own right and as spouse of the other,
<br />~ of Hall County, and State of Nebraska , in consideration of the sum of
<br />----°---------------------DOLLARS
<br />'EIGHT HUNDRED FORTY THOUSAND AND NO/100-----------
<br />;n hand paid, do hereby SELL and CONVEY unto The First National Bank of Grand Island
<br />o[ Hall County, State of Nebraska the following described-:premiss-aittuted
<br />in Hall County, and State of Nebraska • to•wit: '
<br />NORTHEAST QUARTER (NF}t); EAST HALF OF NORTHWEST QUARTER (F}gNWt~), AND THE EAST
<br />HALF OF THE SOUTHEAST QUARTER (EliSE~), ALL IN SECTION SEVEN (7), IN TOWNSHIP.
<br />TEN (10), NORTH, RANGE TEN (10), WEST OF THE 6TH P.M., HALL COUNTY, NESRASRA, AND;
<br />LOTS ONE (1) AND TWO (2), MAIilLAND, AND LOTS THREE (3) AND'EQUR,(4), ISLAND, ALL
<br />IN SECTION NINE (9), TOWNSHIP TEN (10), NORTH, RANGE TEN (10)!, WEST OF'TAE"6TH:'P.M:;
<br />HALL COUNTY, NEBRASKA
<br />The intention being to convey hereby an absolute title in fee simple, including all the rights of. homestead end dower.
<br />TO HAVE AND TO HOLD the premises above described, with all the appurtenances thereunto:-belonging, untothe laid
<br />mortgagees} and to his, her or their heirs and assigns forever, provided always, and. these presents are upon the exprew
<br />condition that if the said mortgagor(s), his, her or their heirs, executors, administrators or asaigm; shall pay- or cause-. to be
<br />paid to the said mortgagee(s), his, her or their heirs, executors, administrators or assigns,.the~principatsum o[3=840,000.00
<br />payable as [ollows, to wit:
<br />Payable in accordance with terms of a Master Note and Loan Agreement of same date,
<br />more specifically described as, interest payable August 15, 1984, and remaining;:
<br />interest and principal payable February 22, 1985
<br />with interest according to Lhe tenor and e8ect of the mortgagors written promissory-note 6earing~even date with these prnenta
<br />and shall pay all taxes and assessments levied upon said real estate, and all :other taxes,. levies and -assessments levied upon this
<br />mortgage or the note 'which this mortgage is given to secure, before the same-becomes, delinquent, and keep the buildings on-
<br />said premises insured for the sum of $840,000.00 ,loss, if artiy, payable. to.theeafd:moctgegee, then these prdenfa
<br />to be void, otherwi r to be and remain io full force. -
<br />IT IS FURTHER AGREED (1) That if the said mortgagor shall fail to pay. auchtazee~or procure: such insurance, the
<br />said mortgagee may pay such taxes and procure such insurance; and the sum so advanced; with-:iaterestet -F2 per.
<br />cent, shall be repaid by said mortgagor, and this mortgage shall stand as security for the'same:-: f2) That a Eailurc to PaY arty
<br />of said money, either principal or iaferest, when the same becomes due, or a failure. to comply-:with=aqy of the foregoio{
<br />agreements, shall cause the whale sum o[ money herein secured to become due and -collectible, at:once:: at the option of the
<br />mortgagee. _
<br />Signed this r~J daY o[ ~~T'" 19 ~~.
<br />In presence !!!!of ~I vv~,~J~~.,,~ _.. ~f, .,r - 3/ynef Coriie~~lus
<br />~1 Janna~R~. Cornelius=<
<br />STATE OF .... ~.. .:...............County of .. ..................:
<br />The foregoing instrument was acknowledged before me ... .,,dal/. ~ . c~.4? .................: ~ 19.0..
<br />Wa , _e Cornelius and,Janna R. Corneliu 'fiusban and e '" ~'
<br />'~ ~ ? ,
<br />TOAMIL~-R (~DI{Nfi Si atu of Pei%~akmt~ Acknowledgment
<br />f~~~ ~ .:~f.V. ~ . . .................
<br />Title
<br />STATE OF:___ ....................__.............._.._..........__.. Entered on numerical indez end filed for record ;'
<br />~' in the Register of I)eede QPtce of said County the ~'..
<br />CounkY ........_......_.........._ ................._......._...._........_.
<br />.............._.._...dey of..._...._..._._.__.._..._.._....._...__. 19...__....., aL....,..._.._.-,._._..........o clack and..._......,.........-_..... minutes ..--....._.........M..
<br />sad recorded in Book._._..._.......,_...__ ................oF...__...................-.....__....at page._..__...._._--..._.._._._.._._.
<br />.._........._.........,_._.._.._....._....._..-°.-.__._._....__..Reg, of Deeds .
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