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<br />52....-RE...L EST"'TE MORTG"'GE-(With Tax Clause, Rev. 78
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<br />Huttman and Felton & Wolf. Walton, Ne. 68461
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<br />KNOW ALL MEN BY THESE PRESENTS: That Billy D. Crapson and Alta I. Crapson,
<br />Husband and Wife
<br />of Hall County. and State of Nebraska ,incolUlidemtionofthesumof
<br />FIFTY FIVE THOUSAND AND NO/l00-------------------------------------------------DOLLARS
<br />in hand paid, do he....by SELL and CONVEY unID The First National Bank of Grand Island,
<br />Grand Island, Nebraska
<br />of Ha 11
<br />in Hall
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<br />Co.mty, State of Nebra s ka
<br />County, and Stale of Nebra s ka
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<br />the following described premises situated
<br />. f.o-mt,
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<br />PARCEL 1: THE SOUTH HALF OF THE EAST HALF OF THE EAST HALF OF THE
<br />SOUTH HALF (S~~E~~~) OF BLOCK ELEVEN (11) (OF WHAT WOULD
<br />BE THE SOUTH HALF (S~) OF LOT EIGHT (8) IF LAID OUT IN CITY
<br />LOTS) IN BLOCK ELEVEN (11) IN WINDOLPH'S ADDITION TO.THE
<br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA.
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<br />PARCEL 2: LOT FOUR (4), IN BUCK SUBDIVISION LOCATED ON PART OF THE
<br />SOUTHWEST OUARTER (SW~) OF SECTION TWO (2), IN TOWNSHIP
<br />ELEVEN (11) NORTH, RANGE TEN (10) WEST OF THE 6TH P.M.,
<br />HALL COUNTY, NEBRASKA.
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<br />The int~tion ht?ing to convey hereby an nb.solute title m fe~ !:Ii mple. including aU the rights of homestead and - dower.
<br />TO HAVE AND TO HOLD the prt'111isps abov{' described, with all the- appurtenances thereunto belonging. unto the said
<br />mort~agee(s) and to his. h~r or therr h{'irs and t!:i5lg:ns fort'vci', provided alw.ays. and these presents are upon the express
<br />condition that if the said mort~~ons-). hi..., hi.'r Of' their heirs. f~xeeutot'8, admimst.raton or 38Signs shall payor cause to be
<br />paid to tM $.aid ~rtRaget~(1\), hu.. hpf nr their hpi.n. t"xecutors, administrators or assigns, the principal sum of $55 ~OOO. 00
<br />payable lL"I foUows, lo wit:
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<br />TWO HUNDRED THIRTY-NINE (239) CONSECUTIVE MONTHLY
<br />INSTALLMENTS OF $704.00 INCLUDING PRINCIPAL AND
<br />INTEREST COMMENCING DECEMBER 1, 19B3 AND ONE FINAL
<br />INSTALLMENT OF $702.29 DUE AND PAYABLE NOVEMBER 1, 2003.
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<br />with int~wst aa.--unhnc: to t~ le,~r and t"tIf"ct nf the mortgagors written protniuory note bearing even dale with th.eae presents
<br />and shall polly aU tax.1'S and a.~nt3 I~lf~ Up-uh Mid H,a} ~tare. and all other taxes. ltwi6 and lli4lk'88mentl levied. upon this
<br />~tgagt" or- t~ note wh.en thh murlt:age l~ f.::!vt'n to srt:\ln', b-eiorr the !1.a,tUe- ht~ delinquent. and keep the buildjngs on
<br />Sllid p....~ u'UiUroo k,t tht' lI-unl t:.{ S 55 ~OOO. 00 , log. If auy, payable to the said o!ortgagee, then these preaente
<br />to be- vold. ntherwl$f! to ~ and ro-nuun Ht full fOl(..'-(t,
<br />rT IS FCRTHER AGREED \ i.1 ThaI if the ~.id m~.rtragor !Jhali fail to pay such taxes or procure !inch irunuance. the
<br />Mid mru'~ may pay such uu~ and pn...'lCUCtt ~uch irumranct1; and the ~um IilO &h..-anced, with wtart>3t at 14.50 per
<br />c.."tmt. 1ihal,J be ttopa..d by ~1d rnuftcagor. and th}~ mortgage alwl stand u secunty for the iUlme, (2) That a failure to pay any
<br />nf sajd mont'!-y. ...ith(l-r pnndt"nll or lotmt>$t, when tM sam~ bec-'omea du.e. or g (aj)ure to comply with any of the foregoing
<br />ila~I&. lihall NlU!lt! tIw ~hole s.um of lTlOIWy ht"rtlin IWCUr~d to he.conl~ due and coUectible at once at the option of the
<br />lnOrt&*Cee,
<br />Si<<nod th.. 26th day of
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<br />In pl't'tWtl(.It' of
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<br />Oc tober
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<br />1983
<br />H. .'t:., ,(/ /',. i
<br />Q..~' :T~'}'tr.";:C. t~p,'(iff'J,.d/td .
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<br />A ir.tra~~'
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<br />STATE OF ., . NE:br~..s.~il..
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<br />. C<>unty of . Hill 1.
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<br />The foreguing illllU"Ument Wllll acknowledged before me ..... 9~.~q\l!!r. .~~.
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<br />.. .19 .8~.
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<br />by . .~JPJ. .O....C;t:~p~AA,~mL~ltjl L Crapson, Husband and Wife/
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<br />; il.;f,l/~.-~4;r;) /1 <,>./j(;,~:://~ ,-',-,'
<br />~g;:t::; ~f\~~~~T.Jr.;~~/{ci~~;:.j:d~~=~..: . . . . .
<br />.~o~a.ry' . P\lb.1 i ~. .
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<br />f;nteflrd on nuweri-ca1 indttx And filed fof' reco:rd
<br />;.. the lW&ioler of n...w. 0:fIk:.l of lAid County the
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<br />o'cloek and" . minut.... ... M.,
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<br />"at_,,_,.
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<br />of....
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<br />By.,
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<br />Rett. ,>/ D<oodo
<br />o...;uty
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