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<br />i 5l!.A-REAL ESTATE MORTGAGE-(With Tax Clause) Rev. 78 Huffman and Felton & Wolf, Wailon, No, 68461 I H
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<br />;: ! KNOW ALL MEN BY THESE PRESENTS: That Frank E. Kolar, A Single Person, I
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<br />; of Hall County, and State of Nebraska . in consideratWn of the sum of I '
<br />i THIRTY THOUSAND AND NO/100---------------------------------------($30,000.00) DOLLARS f l,i,'
<br />I in hand paid, do hereby SELL and CONVEY unto Norwest Bank Grand Island, National Association, i '
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<br />'i I of Hall County, State of Nebraska thefoUowingdescribedpremls.....ituated } ,,;:',i,'
<br />i in Ha 11 County. and State of Nebraska . to-wit: I '
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<br />THE SOUTHERLY SEVENTY FIVE FEET (S75') OF THE
<br />EAST ONE HALF (El;;) OF BLOCK ELEVEN (11) IN
<br />PLEASANT HOME SUBDIVISION, IN THE CITY OF GRAND
<br />ISLAND, HALL COUNTY, NEBRASKA.
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<br />The intention being to convey hereby an absolute title in fee simple. including all the rights of homestead :and',-dow~r~
<br />TO HAVE AND TO HOLD the premises above described, with all the appurtenances thereunto belonging,1J1lto,the said
<br />mortgagee(s) and to his, her or their heirs and assigns forever, provided always, and these _ presents' -are- ,ui>On" the-,e%}>iess
<br />condition that if the said mortgagor(s), his, her or their heirs, executors, administrators or, assigns shall -pay' or. ca~c:'_to.'-~be
<br />paid to the said mortgagee(s), his, her or their heino, e...ecutors. administrators or amigna~ ft.-e-prlncipal SUIIlo!'$ 30.~OOO'..,OO
<br />payable as follows, to wit:
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<br />ELEVEN (11j JNSECUTIVEMONTHLY INSTALLMENTS
<br />OF $373.06 INCLUOING PRINCIPAL AND INTEREST
<br />COMMENCING AUGUST 1, 1984 AND ONE FINAL
<br />INSTAi,L:1ENT OF $30,077 .88 DUE AND PAYABLE
<br />JULY 1, 1985. FINAL INSTALLMENT IS A BALLOON
<br />PAYMENT AND LENDER WILL CONSIDER REFINANCE.
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<br />with interest according to the tenor and effect of the mortgagon written promissory note bearing even date with these'PrerAmt8:,_
<br />and shaH pay all taxes and assessments levied upon said real estate. and all other taxes. levies and asaess!nents leVi-ed. uPon-- this
<br />mortgage or the note 'whic.h this mortgage js given to sa:ure, before the same becomes delinquent, and keep the build."o:t1
<br />said premises insured for 'he $Un1 of $ 30,000.00 , loss, ir any, payable to the said mortgagee, then these presents
<br />to be void, otherwise to be and remain in full force.
<br />IT IS FURTHER AGREED (1) That ir the said mor~ga gor shall rall to pay auch taxes or procure" such insur_the
<br />said mortgagee may pay such taxes and procure such insurance; and the sum $0 advanced, with interest_ at_- 14.00 per : f
<br />cent. shall be repaid by said mo.rtgagor, and this mortgage shall stand as security for the same. (2) That 8 fai1llTe to_ p,ayqmy
<br />of said money, either principal or interest; when the same becomes due, or a failure to comply with lU)y of -the, -fo~~ -!
<br />agreements, shall cause the whole sum of money herein secured to become due and coUectible at Qnce at the ,option ;_oLth&
<br />mortgagee.
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<br />Signed this 20th day 01
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<br />June
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<br />19 84
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<br />In presence of
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<br />'Frt~~gk.
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<br />STATEQF,.., ,~~9r?,~~i;l
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<br />"" County of
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<br />1:1\1,11. , , , , ,
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<br />The foregoing instrument was acknowledged before me ..,.". ,Jun.e. ,20""."",.,.",." ,19" ,~II
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<br />STATE OF,.
<br />County
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<br />En..red on nwnerical index. and tUed for record
<br />in the Register of Deed. Otlke or said County the
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<br />by " ,fril.nls., E." ,KoJar.. , A. .~.i(l~h; Person,
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<br />Signature of Person Taking Acknowledgment
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<br />My COlTJl1ission
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<br />E~~r~:t;!;AU9.\IS:i:;tii' 1984 Titi~ '
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<br />,.. ,NQtary 'pup,Uc,.
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