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<br />
<br />52,A-REAL ESTATE MORTGAGE-(With Tax Clause) Rev. 78
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<br />Huffman and Felton & Wolf, Walton, Ne. ~8461
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<br />r
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<br />KNOW ALL MEN BY THESE PF<ESENTS: That Merton L. Norton and Betty J. Norton, 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 sum of
<br />THIRTY-TWO THOUSAND FORTY-THREE AND 29/l00-------------------------------------EK)tL~c
<br />in hand paid, do hereby SELL and CONVEY unto The First National Bank of Grand Island,
<br />
<br />
<br />of Hall County, State of Nebraska the following describedpreliJisesllituateil
<br />in Hall County, and State of Nebraska . t<>-wn:
<br />
<br />A tract of land comprising a part of the Northwest Qcarter of the Northeast Quarter
<br />(NW!'; Nil!,;) of Section TlNenty-Nine (29), Township Eleven (ll) North, Range Nine (9) West
<br />of the 6th P.M., in Hall County, Nebraska, more particularly described as follows:
<br />
<br />Beginning at a point Thirty-Three (33.0) feet West and Eight Hundred Thirty-One (831.0)
<br />feet South of the Northeast corner of said Northwest Quarter of the Northeast Quarter
<br />(NE!'; NIl!,;); thence Southerly along a line Thirty-Three (33.0) feet west of and parallel
<br />to the east line of said Northwest Quarter of the Northeast Quarter (NW!'; NE!,;), a distanc
<br />of Ninety-TlNo (92.0) feet; thence westerly parallel to the North line of said Northwest
<br />Quarter of the Northeast Quarter (NW!,; Nil!,;) a distance of One Hundred Seventy-Five (175.0
<br />feet; thence Northerly parallel to said East line of the Northwest Quarter of the
<br />Northeast Quarter (NW!'; NE!,;), a distance of Ninety-TlNo (92.0) feet; thence Easterly
<br />parallel to said north line of the Northwest Quarter of the Northeast Quarter (NW\ NE!,;),
<br />a distance of One Hundred Seventy-Five (175.0) feet to the place of beginning and
<br />containing 0..370 acres, more or less.. . .. .
<br />The intentIon bemg to convey hereby an absolute htle In fee SImple, mcludmg all the nghb\ of homestead and dower.
<br />TO HAVE AND TO HOLD thp premis.es above described. with all the appurtenances thereunto belongi.ng~ unto the said
<br />mort~agee(s) and to his, her or their heirs and assitms 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 mortgaget>(s). his, her or their heirs, executors, administrators or assigns, the principal swn of $32 ~ 043.29
<br />payable as follows. to wit:
<br />
<br />120 Payments of $510.47, including principal and interest, on the 10th
<br />day of each month, with the first payment due and payable on October 10, 1983.
<br />
<br />\ll.--lth intprt-st aet..'''of(iing to tht' tenor and ~.fI('ct of the mort~agur~ \vrittt"n pn__'mis-'>Ory nott" lJt.aring t'ven date with these presents
<br />and shaH pay all taxes and assessments If'vieti upon said rt'al ~'state, and aU other taxes, levies and aS8eS...-'UUents levied upon this
<br />mortgage or the noiL- 'whidl this mortgage IS given to Sei-Uff', before the- same becomes delinquent. and keep the buildings on
<br />said pr-emises insured for lhe sum of S 32,043.29 los.s. if any. payable to the said mortgagee. then these presents
<br />to be void. tJthf'r\\-isf' to be and rt"maln In full ftlrCi',
<br />IT IS Fl"RTHER AGHEED (1) That if the said mortgagor shall fail to pay such taxes Of procure .such insurance. the
<br />said rnvrtg:agt~(, may pay ~Udl taxt"S and pft)t'ure :-;ul~h ins-uranet:'. and the sum so advanced. with int~rest at 16~ per
<br />C'.ent, shall tlt:' rt'tpajd by ~id mortgagor. and this I\ltJl'tgagt' shall stand as s~urit.Y for tht' same. (2) That a failure to pay any
<br />of said mont-'Y. eitlwr vrinctpal or intert:'st, wlwn tlw S,illllt:> becorut...~ dUe. or a failure to L't.mply with any of the foregoing
<br />agret~mt>nts. shall cause thL' whole sum of mOl1t.'Y herem secured tu hf-..:ome dUt! and t.'ollectible at once at the option of the
<br />mortgagee.
<br />Signed this 24th day of
<br />
<br />
<br />August
<br />
<br />1983
<br />
<br />../
<br />
<br />In preSl'nt'C of
<br />
<br />,.
<br />
<br />(,~JL.
<br />
<br />/. '/ . .~
<br />If .~~~/t~!!~iirtiin
<br />
<br />/ ..J/~ j r-
<br />." U_.<'I. ,~cJ.''-''''
<br />Betty J. Norton
<br />
<br />
<br />
<br />STATE OF ..... N<:lHfl.s.lW..... ...... .,Countyof
<br />
<br />. !1'!H.
<br />
<br />The foregoing instrument was acknowledged before me
<br />
<br />.~\lg,4~t.?.4. .
<br />
<br />.19 S.3..
<br />
<br />.----.........
<br />-""It. COWNt
<br />........._1~_
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<br />:'l)[Ll)'I'~
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<br />, - ~ /' / /~/./: / /
<br />'---- ...#:- c: ~t.", ::~
<br />ature of Perslln Takmg Acknowledgment
<br />. / I ./) TV;.
<br />. -4;t:.-t.i-iA.L,.. /L / f,"f:J.~i
<br />Title
<br />
<br />by .1"~t;J;l.911. .J,.,. I\L!l:tV}( .'HIJ. .4o=tLy J.
<br />
<br />STATE OF.m .}!S'.!H:,,~.~.<L
<br />
<br />County
<br />
<br />Ral.L.
<br />
<br />)
<br />I""
<br />
<br />Enterl'd on numerical ind~~x and fi.ted for record
<br />in the Register of Dt'~t'ds Ofti~'e of AAid County the
<br />
<br />." ..da)' oL
<br />and recorded in Book
<br />
<br />19
<br />oL
<br />
<br />, at
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<br />o'dock and..
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<br />nl1nUh~8
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<br />r-,'l_,
<br />
<br />.__at page
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<br />
<br />Reg of Dt.-....'.ds
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<br />By I )t,puty
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