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<br />
<br />I"
<br />83- (J06787
<br />
<br />ESTATE MORTGAG&-lWUh Tax Clausel
<br />
<br />Tbe Hu.f{maJ1 General Supply H(lIJSIl, LJncoln. Nebr.
<br />
<br />Nyal Rowse and Gloria
<br />
<br />Ro\~se ,
<br />
<br />Nebraska
<br />
<br />, in consideration of the .ruin of
<br />
<br />mhlntd paid, do hereby SELL and CONVEY IUlto
<br />
<br />A. G. Schroeder
<br />
<br />of
<br />in
<br />
<br />Hall
<br />Hall
<br />
<br />County, State of Nebraska
<br />County, and State of Nebraska
<br />
<br />the. follo'wing described premises situated
<br />, to-wit:
<br />
<br />Lot Three (3), Block Two (2) io Gosda Subdivision, City of
<br />Grand Islaod, Hall Couoty, Nebraska.
<br />This is a Secood ~~rtgage.
<br />
<br />
<br />
<br />The intenti<m b,oing to cont'ey hereby an absolute title in fee simple, including all the rigilts of hOff!eslead and dow....
<br />TO HAVE AND TO HOLD the premises above described, 'with all the appurtenances th...eunto belonging,
<br />"..to the said ._tgag..( s) and ta his, her or their heirs and a.ssigns forever, provided always, and these pres...ts are
<br />"po.. the express condition thot if the said flIMtgagor(s), his h.... or their heirs, exeC'Ntors; adminisJrators tJt'.assi{pIs
<br />shoJI payor ca....e to be paid to the said mor/gagee(s), his, her or their heirs, exulttors, administrators or a.ssigns;the
<br />principal SU'" of $ 1,500.00 payable as fallows, to u~t:
<br />
<br />Total amount plus ioterest due upoothe sale of the home located
<br />at 4026 Edoa Drive, Graod Island, Nebraska.. or by September 1,
<br />1984, whichever comes first.
<br />
<br />
<br />SigMltlti.$ .,'
<br />
<br />d4'j dj I) ,~t"^,L~-';of._jL*~v.,J
<br />
<br />19"':: '7
<br />- . "i.?I../!!:t.::...<1 , G7;l.t..~ ..~__..: ....
<br />...~,~.!;r".z::.."'..~"", , 2Y:O""'''''_d'h::'.
<br />
<br />
<br />with intnest ac<ordi1lfJ to the t.nor and effect of the mortgagors written promissory note bearing even dale with these
<br />pres~ts ~"I~"m.,-a/i.;.ta~u::~~ 4Sse.rs~nis_Uruied--u.p01l said Teal estate~ and all other taxesJ lmes.ana a.ssessm.mts
<br />lin~.,~. .' . "Off tt,hich this mortgage is give.. to seture, before the same becomes delinquent, and
<br />k..PtM;~~;~~:. .. .. ",s"red for the sum of $ 65 ,000.00 loss, if any, payable to the said
<br />~~, @j(tilU.#~, to'fre void, o.therwise to b. and .remain in full force.
<br />IT IS FURTHER AGREED (Ij Thai if tlU! said. morlgagor shoJI fail/a pay such t~es or procure s"ch in-
<br />surance, t;'" said _rlfliJ'Jee ""'y pay su<:h """"S ami pr<iClST" such insurance; and Ihe sum so M'IJOflccd, with interest
<br />..t 1? per cent, shall be repaid bysaid mortgagor, and lhi< tnorlgage shall stand a.s security for the smne.
<br />(;;.) 1'haI a fail....e to j>ajlmt'j of said money, eitlf81" principal or interest, t.hen Ihe sa...e becomes due, or a fdilu"" to
<br />~0fA/1I' witJ;~y of the foregoing agrununl.., shaJJ cafUe tM. whole sum of ...o....y herein se~lUedto become dIU and
<br />colk~lib#t aJ QaCt at th, option of Ih, mortgagee.
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