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<br />52-A-REAL ESTATE MORTGAGE-(Wlth Tax Clause) Rev. 783_lJ lJ 276
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<br />KNOW ALL MEN BY THESE PRESENTS: That Robert L. Siemers and Betty J. Siemers, Husband
<br />and ,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.urn of
<br />ONE MILLION ONE HUNDRED NINE THOUSAND NINE HUNDRED TWENTY-THREE AND 02/100------DOLLARS
<br />in hand paid. do hereby SELL and CONVEY unto The First National Bank of Grand Island
<br />
<br />Huffman and Fellon & Wolf, Wallon, Ne, 68461
<br />
<br />m
<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 described premises situated
<br />. t<>-wit:
<br />
<br />The Northeast Quarter (NE\) and the East One-Half (~) of the
<br />Northwest Quarter (NW~) all in Section Twenty-Two (22), in
<br />Township Twelve (12) North, Range Ten (10), West of the 6th P.M.,
<br />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 mOrlgagee(s), his, her or their heirs, executors, administrators or B.S8igns, the principal sum of $1 ~109, 923. 0
<br />payable as follows. to wit:
<br />
<br />Plus interest, together with additional advances which are not to
<br />exceed the total sum of One Million Seven Hundred Sixty Thousand
<br />and No/lOa Dollars ($1,760,000.00), all according to the tenure
<br />and effect of four (4) promissory notes of the Mortgagors bearing
<br />even date with these presents.
<br />
<br />
<br />with interest according to the tenor and effect of the mortgagors written promissory note bearing even dat-e with these presents I
<br />and shall pay all taxes and assessments levied upon said real estate, and all other taxes. levies and assessments levied upon this
<br />mQrtgage or the note -which this mortgage is given to secure, before the same becomes delinquent. and keep the buildings on I
<br />said premises insured for the sum of $ 50,000.00 . loss, if any. payable to the said mortgagee. then these presents I
<br />to be void, otherwise to be and remain in full force.
<br />IT IS FURTHER AGREED (1) That if lhe said mortgagor shall fail to pay such taxes or procure such insurance. the
<br />said mortgagee may pay such taxes and procure such insurance; and the sum so advanced, with interest at 13~ per I
<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 I
<br />of said money, either principal or interest. when the same becomes due, or a failure to comply with any_of the foregoing
<br />agreements. shall cause the whole sum of money herein secured to become due and collectible at once at the option of the
<br />mortgagee.
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<br />~u-;-~~f Pe~~g Acknowledgment I
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<br />Titl
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<br />STATE OF . .
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<br />. . . County of ......
<br />
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<br />. ~ ... regoininst
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<br />by Mi.d . fl.
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<br />STATE DR.....,........,..''''.............,......................
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<br />~ty 'mm..........................,............,....,...............
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<br />,................,."'...day ot,................, ........ 19............. at.,..
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<br />IIIld __tded. in Ilook............ ..,........,oL...
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<br />Entered on numerical index and filed for record I
<br />in the Register of Deeds Office of said County the I
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<br />,......o.c1ock and........, . .....minutes ...' ....,........M..j
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<br />!
<br />
<br />..,at page..,
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<br />By.....
<br />
<br />. .,. ".Reg, of Deeds i
<br />Deputy
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