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<br />52.A-REAL ESTATE MORTGAGE-(With Tax Clause) Rev. 7~3---i
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<br />500 Huffman and Felton & Wolf, Walton, Ne. 68461
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<br />KNOW ALL MEN BY THESE PRESENTS: That
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<br />Dynasty Enterprises, Inc., A Corporati
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<br />I of Hall County. and State of Nebraska . in consideration of the sum'ol
<br />Thirty-five Thousand Dollars and no/IOO ($35,OOO.OO) DOLLARS'
<br />in hand paid. do hereby SELL and CONVEY unto Kathy Jean Salchow, Susan Jane Bierman,
<br />I Barbara. Ar,m McGuire anQ. patJ;icia Kay Gr:i-mmin~E?r, as tenants in common and
<br />. !ti~x~H~x~;:UdHi:x~5i:~~HHi:~x5i~~~o&~x~~HsdfSiHx5dExxx the following described premisenituated
<br />in Hall County. and State of Nebraska . to-wit:
<br />
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<br />I Lots One Hundred
<br />Belmont Addition
<br />Nebraska,
<br />
<br />and One (lOI) and One Hundred and Two (l02),
<br />to the City of Grand Island, Hall County,
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<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 I
<br />condition that if the said mortgagor(s), his, her or their heirs, executors. administrators or assigns shall payor cause to be I
<br />paid to the said mortgagee(~), his. her or their heirs, executors. admjnistrators or assigns. the princip~ sum of $ 35 , 000 . 001
<br />payabie as follows, to wit: .In full on or before January 1,1998, prov.lded
<br />mortgagor is given and granted the right to make prepayments of I
<br />principal and interest from time to time in amounts and at such I
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<br />times as mortgagor may elect, I
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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 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 />mortgage or the note 'which this mortgage is given to se<.:ure, before the same becomes delinquent, and keep the buildings OD
<br />
<br />said premises insured for the sum of S 35, 000 . 00 . loss. if any. payable to the said mortgagee. then these presents I
<br />to be voi.d. otherwise to be and renlain in full force.
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<br />IT IS FURTHER AGREED (I) That if the said mortgagor shall fail to pay such taxes or procure such insurance. the j
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<br />said mortgagee may pay such taxes and procure such insurance; and the sum so advanced, with interest at twe 1 ve per f
<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 princi.pal or interest. when the same becomes due. or a failure to comply with any of the foregoing
<br />agreements. shall cause the whole sum 01 money herein SC<.'Ured to become due and collectible at once at the option of the I
<br />mortgagee. j
<br />Signed this ..J<H-h day of Augus t 19 83 i
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<br />INC., A I
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<br />..... . ,~'...:':':"I
<br />~ri).~'!. ....1
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<br />DYNASTY ENTERPRISES,
<br />...Corpoi:atI6n:...........................
<br />........?d,~....:...........................,
<br />-tfUrIIQu... (;
<br />....BY,~Pat'iTcT.. 'K ........Gr.i' , .
<br />STATE OF ...,.. .~~l;>;r.~~.~~.,....... ..Countyof .~A+;L.,.. .~,r~.~~~~ .t:..
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<br />The foregoing instrument was acknowledged before me .. .~~. . ~ Y. . . . . . . . . . . . . . .19 .8~. .
<br />by..R~t~~~~A,~a Grimminger.
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<br />In presence of
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<br />STATE OF...........,.............
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<br />, County ......................
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<br />.................,......day oL.
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<br />and rCCQtded in Book..
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<br />Entered on numerical index and filed for record j
<br />in the Register of Deeds OJIke of said County the I
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<br />19...,. ....,.. at.,.... ......o'clock and.........., ,.....minutes ..,...................M..!
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<br />...of.......................,..,.. .........~t page.......,.. .....'............. i
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<br />...." ...... ,..,...Reg. of Deeds I
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<br />CJJA.l~t).. .(}1~~...,...........
<br />Signature of Person Taking Ackm8vledgment.
<br />.' .t:l?~~!Y. .I?~.l?~.~~. . .. . . . . . .. . .. .,.'. . . . ..... . .
<br />Title
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<br />By......,
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<br />. "...Deputy I
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