52 -A —REAL ESTATE MORTGAGE —( With Tax Clause) llev. 18 Huffman and Felton 6 Wolf, Walton, Ne. 68461
<br />KNOW ALL MEN BY THESE PRESENTS: That Jack D. Wiese and Beatrice L. Wiese,
<br />;Husband and Wife
<br />of Hall County, and State of Nebraska . in consideration of the sum of
<br />EIGHTEEN THOUSAND EIGHT HUNDRED AND NO/ 100------------------------------- - - - - -- DOLLARS
<br />!S- i in hand paid; do hereby SELL and CONVEY unto The First National Bank of Grand Island,
<br />!Grand Island, Nebraska
<br />is i of Hall County, State of Nebraska the following described, premiaemmituated
<br />j in Hall County, and State of Nebraska ,to -wit:
<br />A TRACT OF LAND IN THE NORTHWEST QUARTER OF THE SOUTHEAST QUARTER (NW .-SE4) OF
<br />j SECTION TWENTY -FOUR (24), TOWNSHIP ELEVEN (11), NORTH, RANGE TEN (10), WEST OF
<br />THE 6TH P.M., AND MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT A POINT
<br />ON THE NORTH RIGHT OF WAY LINE OF THE UNION PACIFIC RAILROAD COMPANY 484.3 FEET
<br />NORTHEASTERLY FROM ITS POINT OF INTERSECTION WITH THE NORTH -SOUTH CENTER LINE
<br />OF SAID SECTION; RUNNING THENCE IN A NORTHWESTERLY DIRECTION PERPENDICULAR TO
<br />i SAID NORTH LINE Of THE UNION PACIFIC RAILROAD COMPANY RIGHT OF WAY FOR A DISTANCE
<br />OF 200 FEET: RUNNING THENCE IN A SOUTHWESTERLY DIRECTION PARALLEL TO THE NORTH
<br />LINE OF SAID RIGHT OF WAY FOR A DISTANCE OF 50 FEET; RUNNING THENCE IN A SOUTH-
<br />EASTERLY DIRECTION PERPENDICULAR TO SAID NORTH RIGHT OF WAY LINE FOR A DISTANCE
<br />OF WO FEET TO A POINT ON SAID NORTH RIGHT OF WAY LINE; RUNNING THENCE ALONG AND
<br />UPON SAID NORTH RIGHT OF WAY LINE IN A NORTHEASTERLY DIRECTION FOR A DISTANCE
<br />OF 50 FEET TO THE POINT OF BEGINNING.
<br />The intention being to convey hereby an absolute title in fee simplo, 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 />a mortgagee(O and to his, her or their heirs and assigns forever, provided always, and these presents are town - the express-
<br />i condition that it the said moriaegor(s), his, her m their heirs, executors, administrators or assigns shall pay or cause- to be -
<br />paid to the said mortgagee(s), his, her or their heirs, exec itats, administrawrs or assigns, the principal sum of S 18,800.00
<br />payable as follows, to wit:
<br />EIGHTY -THREE (83) CONSECUTIVE MONTHLY INSTALLMENTS OF
<br />$357.55 INCLUDING PRINCIPAL AND INTEREST COMMENCING
<br />APRIL 1, 1984 AND ONE FINAL INSTALLMENT OF $353.94
<br />DUE AND PAYABLE MARCH 1, 1991.
<br />with interest according to the tenor and effect of the mortgagors written promissory note bearing- avett.d4te with theme present*
<br />and shall pay all taxes and assessments levied upon said read estate, and all other -taxes, levies and aseeeemente levied upon thit.-
<br />mortgage or the note which this mortgage is given to secure, before Oto same becomes delinquent, and loop the buildings._ on
<br />said premises insured for the sum of $ 18,80Q, 00 low if any, Payable to the said mortgages, then there presents
<br />to be void. otherwise -to be and remain to full fence.
<br />IT 7S FURTHER AGREED (1) That if the said mortgagor shall fail to pay such cues or procure such insurance, the
<br />said mortgagee may pay such taxes and procure such inamancc awl the sum so advanced, with interest at 14.50 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 mono, either principal or interest, when the mama becomes due, or a -failure to comply with arty of the foregoing
<br />agreements, shall cause the whole sum of money horeirt secured to become due and collectible at once at the option of the
<br />mortgages,
<br />Signed: this 1 s t day of March . 1984 .
<br />In presence of £ ,..� %,yr,t.',f - +`t.�' ...- .� ^ ^- •.-�:. -'
<br />1,1tG .. :.........:............
<br />Bea rice Clese
<br />X33' Amt) F..... .:Ne6ra�ka .............Countyvf ...11d]1............
<br />foregpiag wt�inr�t vr_ . cknowledged before me ............. ........................19..$x.
<br />}b� e L. Wiese, Husband and Wife
<br />S*aturr elf' hereon 'faking Acknowledgment
<br />My,...... MQ}t+ilry �(WAq . ..................... i'SS11�.Cl - -Cxpi tv tIB ..,
<br />M i
<br />-° Encased on numerical indent and filed for record
<br />.y _ to the Register of :Deeds Office of said- Custody the
<br />........ .. ........mmnter .,,... ,..,..... »..M„ '
<br />page -- - -., <«
<br />of D0040
<br />
|