<br />
<br />
<br />the following described premises sitUated
<br />. to-wit:
<br />
<br />52cA-REAL ES'"ATE MORTGAGE-(Wit" Tax Clause} Rev. 78
<br />
<br />Huffman and FeltGn 8. Wolf. Walton, Ne. 68461
<br />
<br />KNOW ALL MEN BY THESE PRESENTS: That William H. Poe and Linda L. Poe, Husband and Wife
<br />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 />SIX THOUSAND AND NO/lOO-------------------------------------___________--------DOLLARS
<br />hereby SELL and CONVEY unto The First National Bank of Grand Island,
<br />
<br />BaE
<br />Ball
<br />
<br />Nebraska
<br />Nebraska
<br />
<br />('A)unty, State of
<br />
<br />County. and State of
<br />
<br />in
<br />
<br />83-0034ntj
<br />
<br />See Attache;d Exhibit A
<br />
<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 premis.,s ahove described. with all the appurtenances thereunto belonging, unto the said
<br />mortgagee(s) and to his. her or their heirs and assiKns forever. provided always, and these presents are upon the express
<br />condition that if the said mortgagor(s), his, her or their heirs, exe-cm:ors, administraltlrs or assigns shall payor cause to be
<br />paid to the said mortgagee(s}, his, her or their heirs, executors, administrators or assigns, the prindpal sum of $ 6,000.00
<br />payable as follows, to wit:
<br />Payments of $500.00 per month, including principal and interest, with the
<br />first paymlent being due on the 1st day of August, 1983, and on the 1st day
<br />of each month thereafter until paid in full.
<br />
<br />. with interest according to the tenor and effect of the mortgagors wrill:en promissory not<., bearing even date with these presents
<br />i and shall pay all taJles and a&'lCssments leviNl upon said rN!1 estat(!, and aU other taxes, levies and as,<lellSwents levied upon thia
<br />mortgage or the note which this mortgage IS given to secure.. hefore the Saint, t','co!m,s delinquent, and keep the buildings 011
<br />
<br />said prl,mises insured for th" sum 01:$ 6,000.00 loss, if any, payable to the said mortgagee, then these present'l
<br />to be void, otherwj,; to be and H'main in full force,
<br />
<br />IT IS FURTHER AGHEED 11} Thtit if the said mortgagor shall fail to pay slIch taxes or procure such insurance, the
<br />
<br />said mortgagee nlay pay ,uch taxes and prrxure such iw;uran,'e; and the sum .~o advan(~.)cl. with interest at 16% per
<br />cent, shall be repaid by said mortgagor, and this mortgage shall st.and as ..,curily for the sarne. (2) That a failure to pay any
<br />of said mOll"y, either principal or inte,'est, when the same bt.comes due, or a lailure to comply with . any of the foregoing
<br />agreewl,nts, shall cause the whole sum of mon,,)' herein secured to become due and collectible at once at the option of the
<br />mortgagee.
<br />Signed this 28th day of June , 19 83
<br />
<br />
<br />In presence of
<br />
<br />
<br />Linda L. Poe
<br />
<br />
<br />STATE OF' , '
<br />
<br />NEBRASKA
<br />
<br />HALL
<br />, . County of ..
<br />
<br />L. Poe
<br />
<br />
<br />The. for~gl)i:ng instrument was ackoowledged before me
<br />
<br />. ,J~!l.e..2?..,...........,..,. ,19.. ??,
<br />
<br />}S$.
<br />
<br />Enter.>d on !:tumeric...l i,ndel<. and nled for f"","Ora
<br />in th<l RegiM(,r of Dei>ds Offi-ce of said (',ounty the
<br />
<br />H~.. ..., at....,
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<br />
<br />minutes
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<br />.. at pll~l;...
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<br />H<i111, {If Ih*"l.s
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<br />n~p'lty'
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