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<br />52'A:""REAL ESTATE MORTGAGE-(Wlth Tax Claule)Rev; 78
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<br />Huffman and Fellon & Wolf, Wallon. Ne, 68461
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<br />I I 8'l'A'I'E OF... )1.eJ?.r~/?I':............., County of ... .//qj (,................. :
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<br />i! : . 1'...., .. 1'.... 1''' hh 'h h' . h, ......h. h...Rag, of Deeds
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<br />KNOW ALL MEN BY THESE PRESENTS: That
<br />andw:l.fe
<br />01 Hall County, and State of Nebraska
<br />l1ift:yTwoTho!1sand four hundred and no/100 ($52,400.00)
<br />in hand paid. do' hereby SELL and CONVEY unto FCE Credit Union
<br />
<br />David D. Klasna and Pamela D. Klasna, husband
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<br />. in consideration of'the sum-of
<br />----------- DOLLARS
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<br />:Douglas
<br />Hall
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<br />County, State of
<br />County, and State 01
<br />
<br />Nebraska
<br />Nebraska
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<br />the following described. premises aituated
<br />, to-wit:
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<br />Lot Twenty l1our(24), Block Three (3) alde NiH Subdivision in the City of
<br />Grand Island, Hall County, Nebraska.
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<br />The-intention being to convey hereby an absolute title in fee simple. ;.ncluding 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(s). his, her or lheir heirs, executors, administrators or assigns. the principal sum of $ 52,400.00
<br />payaWe as follows, to wit: According to terms and conditions of the FCE Credit Union Variable
<br />rate promissory note of even date. Final payment due Juue 1, 2008
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<br />In the event of transfer or sale by the borrower of his
<br />as security fOr this loan, FCE Credit Unino may require
<br />upon 30 days written notice to borrower.
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<br />interest in the property given
<br />payment in full of this loan
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<br />with- interest according to the tenor and effect of the mortgagors written promissory note bearing even date with these presents
<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 $ 52,400.00 , loss, if any, payable to the said mortgagee, then these presents
<br />to ~ void, otherwi<:e to be and remain in full force.
<br />IT IS FURTHER AGREED (1) That if the 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 12 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 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,
<br />Signed this 26th day of Hay
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<br />aIlli'Po8lllela D. KlasU8,
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<br />husband and wife
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<br />Title
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<br />By".. .... "... .. h '
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<br />.Deputy
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