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<br /> <br />52.A-REAL ESTATE MORTGAGE- 11th Tax Clause) Rev. 78 <br /> <br />Huffman and Follon & Wolf. Wallon. Ne. 68461 <br /> <br />KNOW ALL MEN BY THESE PRESENTS: That Earl D. Ahlschwede and Virginia S. Ahlschwede, <br />Husbaod and Wife <br />of Hall County.andStateaf Nebraska ,inconsiderationaftheilUDlof <br />Thirty-Two Thousand Six Hundred and 00/100-------------------------------------DOLIJURS <br />in hand paid; do hereby SELL and CONVEY unto <br />The First National Bank of Grand Island, Grand <br />Hall County, Stat" of Nebraska <br />Hall County, and State of Nebraska <br /> <br />Island, Nebraska <br />the following described premisee situated <br />. to-wit: <br /> <br />of <br /> <br />in <br /> <br />r."\! <br />~ <br />fD.. <br />k:.6 <br />'0 <br /> <br />Lot Seven (7) in Block One (1) in Normandy Estates, An Addition <br />to the City of Grand Island, Hall County, Nebraska. <br /> <br /> <br />The intention being to conVEY hereby an absolute title in fee 5i mple~ including all the rights of homestead and dower. <br />TO HAVE AND TO HOLD the premis~s above described. with aU the appurtenances thereunto belonging, unto the said <br />mortgagee(s) and to his. her or their helf"S and assigns forever. provided always, and these presents are upon the express <br />rondition that if the said mortgagor(s). his, her or their heirs. executors. administrators or assigns shall. pay or- cause to be <br />paid to the said mortgagee(s}. his. her or their heirs, executors, administrators or assigns. the principal sum of $32,600.00 <br />payable as follows, to WIt; <br /> <br />Nine Annual Installments of Principal and Interest in the Amount <br />of $6,007.85 commencing January 1, 1985 and One Final Installment <br />of $6,007.67 Due and Payable on January 1, 1994. <br /> <br /> <br />with interest according to the tenor snd effect of the mongitgors wr-,tter. promissory note boaring even date with these presents <br />and shaH pay aU tJ1JU~g and .asoos...m~nts JI!Vleti upon :said reai estate, (tnd all other taxes, levies and assessments Jevied upon this <br />mortgage or the note -which thi..'i mQrtgage is J;ivt'.A to 5el:ure, before the same becomes delinquent, and keep the buildings on <br />said prem.ises insured for the sum of $ 32,. 600.00 , loss, if any, payable to th~ said mortgagee" then these presents <br />to 00 void. Qthe-rwL."le to k~ and remain in tull fo-rce. <br />IT IS FURTHER AGREED {I} Thut -if the said mortgagor shall fail to pay such taxes or procure such insurance. the <br />said mQrtgagee may I'Jay such tax~ and pl"OoCUre such insurance; and the sum so advanced. with interest at 13.00 per <br /><:"ent. shall he ({'paid by said mortgagor, and this mortgage shaU stand aM lWcurity for the same. (2) That a failure to pay any <br />of said money, pither- pl"ln<,'lpiil uf interest. wne.n ihe ;UiD;le becomes due. OJ;" a failure to- comply with any of "he foregoing <br />ag~nt.s. shall (';8:U3e the- .....hole sum oi money herein 8€CUre-d to become due and collectible at once at the option of the <br />mO-rtgagt"e. <br />Signed thio 19th day of De celTbe r <br /> <br />In pr~o(.:e -of <br /> <br />19~"" J'I/:~' . <br />v "LL i <br />.. . ".'J, ",..,; , <br /> <br />Earl D. Ahlschwed~, <br /> <br />-r;:;.>~-f~.:~{"" -...Ie ..:::2i':',,><.{, ~"../ <br />'vt'rgiMta'S;'lIhls'ChWede'. ,.".. m ""., <br /> <br />STATE OF . . , , . , ,NeAl;q.S~...;.:; , . . . ' ., County of ,.,.,," .fJall. ' . . ' . , . . . . , , . . : <br />",,-:f; . '-''!'':'o.,_ <br />The foregoing~troment ';"aSa~owledged before me. . Llecel11he r, 19,. ' . . <br /> <br />by ..Eilr.l..D.. ~,Yd.1:9t~~ '~h\hwede, Husband and Wife <br /> <br />r~ _ . :",.- i.,:-.~....:..:~. . <br />. . .:,t4:--:?~f'~;~ ,~':{, <br /> <br />. . ' . , , ,19.83. . <br /> <br /> <br /> <br />(~.-;;\....-- <br /> <br />My <br /> <br />Signature~f'Person Tak.ing Acknowledgment <br />. . . Notar.Y.. Publi.c, . <br /> <br />Title <br /> <br />,.....~"L <br />_ .~ iA &0<<..., <br /> <br />f sa. Entered on nutnerical indn and liItld far reoord <br />) in the Regilltet nf Dtledo 0lIl00 or ...id County the <br /> <br />19... _ v, aL."",.. .,. ,. ,.o'cloclt and..._,"". __ . minutes. ...M+, <br /> <br />. ot...... ai _..........". . <br /> <br />'" <br /> <br />Sl'ATE OF...,. <br />c...~ <br /> <br />By..... <br /> <br />R"J!. of Dtledo <br />......Deputy <br /> <br />