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<br />LOT TWO (2) IN ROSS HEIGHTS SUBDIVISION,
<br />IN HALL COUNTY, NEBRASKA,
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<br />CONSTRUCTION SECURITY AGREEMENT
<br />_~~~~~t;~:;-~~~1;~~~~~~~~BlTJ,JI[~~h~~.~ &W.lf, wal~. Ne:68461
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<br />KNOW ALL MEN BY THESE PRESENTS: That William E. Dalrymple and ToniL. Dalrymple;
<br />Husband and Wife
<br />of. Hall County, and State of Nebraska ,incoi18ideratlODoftbeBUJJl~:
<br />THIRTY FIVE THOUSAND AND NOll OO_________~____~______~____uu_~_~__~____~_.,--.~...ooLJ.;ARg
<br />inbarld pald, dohe....by SELL and CONVEYunlo The First National Bank of Grand Island;
<br />Grand Isla"d: N€b~aska
<br />of Hall
<br />in Hall
<br />
<br />County. State of Nebra s ka
<br />County, and State of Nebraska
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<br />The intention being to CDnvey here-by an absolute title in fee simple. including all the rights of homestead and dower.
<br />TO HAVE AND TO HOLD the premi... ahove describ<Jd, with all the appurtenances thereunto belonging, unto the said
<br />mortpgee(s) and to his, her Of their heiT8 and assiglU4 forever, provided. always. and these presents are upon- the- ,express
<br />condition that if the said mortgagur(sj, hi5, her or thar heirs, exet..>utol'S. administ.raw1'8 or assigns shall payor cause-,to_oo
<br />paid to the said mortgagee(s), his, her Of their h~ira. CXeL'Uto.rs. administratot'S or assigns. the principal Bum of $ 35,000.00
<br />payable.... folio.... In wit:
<br />
<br />PRINCIPAL PLUS ACCRUED INTEREST AT THE RATE OF
<br />THIRTEEN AND THREE-QUARTER PERCENT PER ANNUM
<br />DUE AND PAYABLE MARCH 16, 1984.
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<br />with inwt.et.t 8U'Otding to the It!nor and ~"ffet.-"1. ~)f t.htt mortJ.wgors. wriu.p,n promissory now bearing eVI:m date with these presents I
<br />and shall pay all tax",- and ~nwfits k...,'i~ u~)Qn Mid ftNtl t.,~S 41t:e. al~d aU other lUes. levie8 .and a~ltmta Le.vied upon this i
<br />mwtcage or tha nott' .whkJ. this mortgage 18 glVtU tu S(1t.:urr:', hefore the Kame 00c0.tneB delinquent,. and keep -the buildings on I
<br />siIid prell\L~ imuroo for lh<< 1<um of S 35.000.00 ' iusa, if any. payable to the $aid mortgagee. then these presents
<br />to bt:> V(Iid. otheJ'Wl5e to;, be and remain In ruB fnn~~. !
<br />IT IS FURTHER AGHf:ED (I) That if' the- .mid mortgago-r shall (ail to pay such taxes or- procure such insurance, the!
<br />said mortgagee may pay such wx~ and pro<.'\f_ra- b!uo:h imourlUlct>'; and the sum (;(1 advaru~ed. with inter~t at 13.75 per t
<br />~ shall be repaid by said mor~agor. I:lnd thts nwrt.gage shall Mantl as Ht~urity for the sazne. (2) That a failure to pay 8JlY i
<br />of 84id.. lllt1ney. either principal Of" lnlIi!Ft."SL when ltK- ~e becomes due~ or n (ailure to c~ply with .any of the, foregoing I'
<br />ag~n(;(;,. ~haU cause the whoj~ aum of 1ful.ttt'Y herem secuH~d to "become dut.~ and collectible at once at the optlon of the
<br />mortgq"". I
<br />SignOO this 19 day of September 1983 ' I
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<br />I.... Enteed on n.......cical index and llltld {or re<>ord I
<br />. I in th..~ of Deeds 0_ of said County the i
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<br />19.... "0 aL... 'w" .o'clock and. . . .minutes.... .M"I
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<br />RbI\C ofOoed. I
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<br />r)opQt,y j
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<br />In lJT~n(.':(~ of
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<br />SFATE OF . , . . . ~~!(rjloS,~q. .
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<br />... County of ..., JJall...........,.....
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<br />acknowledged before me ..,. .September. .19. , .
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<br />L, Dalrymple, Husband and Wife
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<br />n'::{/ tl::lt .
<br />Signat~;~ ;.r:p~~~ 'T~king' A~kn~wledgment
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<br />.~Qtil.r..Y. PlJ.bl k,.
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<br />Title
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<br />By,...
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