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<br />52-A-REAL ESTATE MORTGAGE-(Wlth Tu Clause) Rev. 78
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<br />Huffman and felton & Wolf, Walton, He. 68461
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<br />of
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<br />KNOW ALL MEN BY THESE PRESENTS: That JACK STAFFORD and KAREN J. STAFFORD,
<br />formerly KAREN J. LUND, Husband and Wife,
<br />HALL County, and Slate of NEBRASKA , in consideration of the sum of
<br />Five Thousand and 00/100 ----------------------------------------~LLARS
<br />in hand paid, do hereby SELL and CONVEY unto JAMES A. WND ,
<br />!
<br />the following descri~Premisessi~
<br />. lo-Wlt: ,
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<br />Ii
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<br />HALL
<br />HALL
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<br />County, State of
<br />County. and State of
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<br />NEBRASKA,
<br />NEBRASKA,
<br />
<br />....
<br />
<br />of
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<br />in
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<br />Lot Eight (8), Block Three (3), Le
<br />Heights Second Subdivision in the
<br />City of Grand Island, Hall County,
<br />Nebraska,
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<br />~
<br />~
<br />(>If
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<br />The intention being to convey hereby an absolute- title 'in fee simple. including all 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 />mortgagee(s) ami-to his. her or their he-irs and assigns fO-rever. provided always. and these presents ale upon the e:z:press
<br />condition that if the said mortgagor(sL his. her or their heirs, ('xecutors. administrators or assigns shalt payor cause to- be
<br />paid. to the said mortgagee(8), his. her or their heirs, executors, administrators or assillDS> the principal sum of $ 5,000.00
<br />payable sa follows, to wit:
<br />
<br />Payable on October 11, 1990 or at the
<br />time the above-described premises are
<br />sold, whichever event first occurs.
<br />
<br />with int-erest according to the tenor and effect of the mortgagors written promissory note bearing even date with these presents
<br />and shall pay all taxes and assessments ie-vied upon said real ffiitatc. and aU other taxes. levies and 8SSe5Sments -levied upon this
<br />mortgage or the no-te 'which this. mortgage is given to set:Uft". before the- same becomes delinquent, and--keep the buildings on
<br />said premises insured fOT the sum of $ loss, if any, payable to the said mortgagee. then these presents
<br />to be void. otherwise to be and remain in fuB force.
<br />IT IS FURTHER AGREED (I) That if the ~id mortgs got' shall fail to pay such taxes or procure such insurance. the
<br />said mortgagee may pay such ta::l~ and Pf"(X.'Uft> such insurance: and the sum so advanced. with interest at per
<br />cent. shall be repaid by said mortgagt)l', and this mortgage shall stand as aecurity for the same. (2) That a failure to pay any
<br />of saici money. either principal or interest..- when the same becomes due. or a failure to comply with any of the foregoing
<br />acreementa. shall C8tlH the whole sum of money herein secured to become due and collectible at once at -the option' of the
<br />mortgagee.
<br />Signed t1rio 31 day of
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<br />
<br />Sl'ATEOF.... .NEBMSIU....
<br />
<br />. . .. , County of
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<br />19 83
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<br />.....MW....
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<br />October
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<br />In pre&ence of
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<br />The foregoing instrument was acknowledged before me "
<br />by .. J~~~. ~~~f~.o~~. :3:~. Karen J. Stafford,
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<br />Entered on _leal index and llIed for .....,."Q ,
<br />in the ~ of Deed. 01Ilec of .... County the
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<br />By.....
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<br />.............~, of.n.da i,
<br />....Deputy
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