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<br />5l!'A-REAL ESTATE MORTGAGE-(Wlth Tax Cfause) Rev. 78
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<br />Huffman and Felton & Wolf. Waf ton. Ne.
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<br />John Michael Manley and Cynthia M. Manley,
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<br />KNOW ALL MEN BY THESE PRESENTS: That
<br />Husbaod aod Wife
<br /><>f Hall County, and State of Nebraska ,inconsiderationofthe8om<>f
<br />Eight Thousaod and 001100------------------------------------------------------i)QLLJURS
<br />in hand paid, do herehy SELLand CONVEY unto The First National Bank of Grand Island,
<br />Graod Island, Nebraska
<br />of Ha 11
<br />in Hall
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<br />Neb ras ka
<br />Nebraska
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<br />County, State of
<br />County. and State of
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<br />the foUowing described premises situated
<br />. to-wit:
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<br />Lot Four (4), in Block Two (2), io Normandy Estates, an Addition to the
<br />City of Grand Island, Hall County, Nebraska.
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<br />[np~llCe'o(
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<br />The intention being to convey hereby an absolut.e title in fet" simple, including ail 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 />mort~agee,fi) and to his. her OT thelr heirs and a..~gJt!.i forever, provided always. and these presents are upon the express
<br />condition thai if the said mortgagor(s), hi.';. her- or their heirs. l>XecutOrs, administrators or assigns shall payor cause to be
<br />paid to the said mortgagee(.s). his, her or the_ir heirs, executors, adminisirators or llS.o;.igns, the principal sum of $ 8,000.00
<br />pa}'able u follows. tv wit:
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<br />Eighty- Three (83) monthly installments of 5152.16 commencing December 1,
<br />1983 and one final payment of $148,81 due and payable November 1. 1990.
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<br />with interest according to thE> tenof and effect- of the mQrtgagors written promissory note be-aring even date with these preaenta
<br />and sha.ll,>3..v aU bues and assessm-ents leVIOO UJ.)Otl :said r~al ~*tate. and all other taxe5, levies and assessmeul.;., ied upon this
<br />mortgage- 0[" the nuit:" whiCh thi, murtgage- is gIVen to -sa-ure, before the Mme becoInes d~!inquent. and keep- ,De buildinss on
<br />said premiM8 insured tor the sum ()f s8~OOO. 00 _ loss, if any, payable to the ~d mortgagee, then these preaenta
<br />to be votd, otherwlsc t.o ~ and wmain in full force.
<br />IT IS FURTHER AGREED (I) That if th€> said mortgagoc i!ihall (nil to pay such taxes or procure such in6urance. the
<br />said mu-rtgagf'e ltUIy pay such taxt'5 and procore such insurance; and the ilUDl so advanced, with inter~t at 14.5 per
<br />rent. shall ~ repatd by !Io8id nu.nt.gagor. and thig. mortgage llhaU $tand as ~urity for the awnt'. (2) That a failure to pay any
<br />of fjiaid numey. ",ither prinl~ipal or interest. wh~n the Ramf;' bec0me8 due, or a failure to L>omply with any of the foregoing
<br />ac:~nts. shall CllUlie the whale sum of mQn~y herein $P.(..'Ur~d to become due and collectible at once ai the option of the
<br />mortCagee-.
<br />Signed this 26 th day vI
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<br />October
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<br />19~3 j. 1/. ,1' c
<br />, ,., ", , . /;'/!
<br />i lck)(./ ! L\(,{.{<{ ,_ I ia L<.-
<br />mriMrclI'!elManTey:n.. .!nlnl\::;;\
<br />: . ;"""J.(.,".c:;ll...i... Oc.../I:J.'n.J.l.l.w.^~~.i:x:.t="j.
<br />Cynthia M. Manley :;
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<br />. . . " County of ..... .I:lall . . .
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<br />. D.ctobe.r. . . . 2Ji . . . . . . .
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<br />owledged before me ..
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<br />" " .19 a3 . .
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<br />ynthia M. Manley, Husbaod and Wife.
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<br />SignattllV'of Person Taking Acknowledgment
<br />. . t'lP.~tlrY. ?l!~ 1.i.t: . .
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<br />My Colmlission Expires: 7/2/84
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