|
<br />r
<br />
<br />
<br />I
<br />CONSTRUCTION SECURITY AGREEMENT
<br />.i,lH.LS, ANSJRUMENT~ONSJnVIES.A....C9NSTRU~11.oN....SEC.lJ[{IT~liTERE~J. UND;R. THE... N~~~I<A.~ON,$TB~CltQ~c~c
<br />IP.,L~lAL ESTATE MORTGAGE-(Wlth Tax c~a~~e'~v8:1.~.nn321.Z~f~.~~~~F~I~~~~.~.~f:.~.~..~.~,,:.~.1...;.: __
<br />
<br />KNOW ALL MEN BY THESE PRESENTS: That James D. Goodwin and Colleen M, Goodwin, i
<br />Husband and Wi fe H
<br />of Hall County,andStateof Nebraska . in consideration of the sum Of tt
<br />TWENTY FIVE THOUSAND AND NO/100------------------------------($25,OOO.OO) DOLLARS
<br />in hand paid, do hereby SELL and CONVEY unto NORWEST BANK GRAND ISLAND, NATIONAL ASSOCIATION,
<br />
<br />'--f
<br />
<br />of
<br />in
<br />
<br />Hall
<br />Hall
<br />
<br />County, Sta.. of Nebraska
<br />County, and State of Nebraska
<br />
<br />the following described prSmisesBituated
<br />. tc>-wif:
<br />
<br />~j
<br />Jf
<br />
<br />LOT THREE (3), OF CAPTIAL HEIGHTS SEVENTH
<br />SUBDIVISION, A PART OF THE NORTHWEST QUARTER
<br />(NW~) OF SECTION TWO (2), TOWNSHIP ELEVEN (11)
<br />NORTH, RANGE TEN (10) WEST OF THE 6TH P.M.,
<br />IN HALL COUNTY, NEBRASKA,
<br />
<br />,;
<br />.,
<br />it
<br />B
<br />
<br />The intention being to convey hereby an absolute title in fee simple, including all the--rights.of. ,homestea(Land"dQw~r~-
<br />TO HAVE AND TO HOLD the premises above described. with all the appurtenances thereunto belo~'--wi.to>t~e:'.8aid~
<br />mortgagee(s.) and t-O his. h~r or their heirs and assigns forever. provided. always, and these presents ,are.-.upon'_,the~_ eIpre&8
<br />condition that if the said mortgagor(s}. his, her or their heirs, executors, administrators or assigns shall_ pay-_-or cawiEhciO---_he-,-
<br />paid to the said morlgagee(g), his, her or their heirs, executors, admin.is-trato-1;1f- or assigns.--the principal.sum of.$ ''25-,-OOn~ 00
<br />payable as foHows, to wit:
<br />
<br />! ~i
<br />
<br />I, if
<br />~i
<br />i,: H
<br />!I
<br />If
<br />-H
<br />to,
<br />
<br />u
<br />
<br />PRINCIPAL PLUS ACCRUED INTEREST AT THE RATE
<br />OF THIRTEEN AND THREE-QUARTERS (13.75%) PERCENT
<br />PER ANNUM DUE AND PAYABLE SEPTEMBER 17, 1984.
<br />
<br />n
<br />~ i
<br />H
<br />
<br />j .J
<br />
<br />
<br />with interest 8t."COrding to the tenor and etlect of the mortgagors written pwmieeory note bearing even date with_these presenta
<br />and shall pay aU taxes and a~mt."'nt$ levied upon HaW fedl estate, and aU _other- tax~~ levies and;~nts Jevied-upon__tlrls-,
<br />mortgage or t-he note -willeh this murtgage lIS gwen to secure, before lhe same 'becomes delinquent, and__keep_ the buildinp:on ~j
<br />..id l>remisea insured lor the sum of $ 25,000,00 , loas, if any, payable to the aaid lOQrtgagee, thentb.....presenls
<br />to be void, othl!rYo'1se to be and T~main in full fotc~,
<br />IT IS FURTHf:R AGREED (I) That if the- ~d wortgagor shall fail to p~y such taXe6 or--pl'ocure_ such- i.nsu.r1lD~.>the
<br />said mortgagee- llUly pay such tuxes and procure .'4uch imu.rance; and the sum so advanced, with- ~t-ere8t at 13. 75% per
<br />cent. shall be repaid by said mortgagor, and thAs lTlvrtgage shall stand as security for the same. (2) That 8 failure--to--pay-any
<br />(of said money. either principal Of inter-est, when the same becom. due. (;)r a failure to comply with any of the Jo:resoini_
<br />agreements, Mall cause the whole sum oi money her~iu BeCUrad to hecome due and t'oHectible. ~nCe at the option- of the
<br />mortgage../e~1 . /\ ,"~.-7 // ,
<br />Signed thia 18th day 01 June . l~. 84/, //../ ..! / ,/' . // . !.'
<br />'/. /1J/,....y .....0'
<br />:',.../.if:(:..:r-<'7 /L./ / /;?'~*~ ______ i :i
<br />In presen-ct\ of )1a~ /' "'],.. ;4"" --I ---- , "
<br />
<br />,~~~.~f:~~:~;;;;;p2.....::~~~~:;~~;;:~r11
<br />
<br />
<br />STATE OF, . . .. N!tl?ril.s.~ij. .. . .. .. . , ., County of ,.. .fiill J.
<br />
<br />
<br />The foregoing instrum~~~w1edged before me ..." ,~V.n.E: .1?". ;.;. .,."". ,19, ,8.4,
<br />'-;?"" ~.~ l. MC>~i"" ."" )
<br />by ,,~illj1e~ .0.. r;,QQ<I\'Ij~~~~-E~~<~~~~~OOdWi n, f~USb/d and kWi fe /~/
<br />
<br />f.. / 0/ J-/1/ '.. , /~ /) ,1'/;1_____
<br />"tl". ' (~ . ~ ___
<br />\,I:;~;:~,.. Si~~a';:;;~ ~i'P~~n .T~k;" . c~~~i~~~~~'."'.. '..
<br />>, c...' ... NQt~rY ,~VP.1.i,G.,
<br />My COf!JJ1ission ExPires:"~~ifsJ:li. 1984 Title
<br />
<br />
<br />L
<br />
<br />STATE OF" .
<br />C<>un~y
<br />
<br />
<br />i'N.
<br />1
<br />
<br />Enteroo Qn numer-icu.i index and filed (or te(.,'Qrd
<br />in tha Register 01 Deeds t)jJk" 01 said County the
<br />
<br />..day oL.
<br />and 'ecomod .n Book,
<br />
<br />19~q
<br />.of..
<br />
<br />. at....
<br />
<br />o'clock and. .
<br />
<br />.mlnut.eit
<br />
<br />M"
<br />
<br />at pag-tL
<br />
<br />Iltog, "I JJoodo
<br />
<br />By"
<br />
<br />neV\~ t.y
<br />
|