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<br />KNOW ALL MEN BY THESE PRESENTS: That
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<br />DONNA K. EHLERS
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<br />of Hall County, and State of Nebraska
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<br />TlfelveHundred FUty & NO/IOO($1,250.
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<br />I in hand paid, do hereby SELL and CONVEY unto N'ITZEL &, CO., INC.
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<br />I of Hall County, State 0,1 Nebras, ka the followi1f{l
<br />in Hall County, and State of Nebraska ,to-wit:,
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<br />I East 18.6' of Lot 9. all of Lot 10 in Block 81.; Whe'eler and
<br />Bennett 4th Addition in Grand Island, Hall County Nebraska
<br />I or known as 424 E. 15th St.
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<br />i The intention being to convey hereby an absolute title in fee simple, including all the rights of homestead and dower.
<br />i TO HAVE AND TO HOLD the premises above described, with all the appurtenances thereunto belonging,
<br />I unto the said mortgagee(s) and to his, her or their hdrs and assigns forever, pro...;ded always, and these presents are
<br />I upon the express condition that if the said mortgagor(s), his her or their heirs. exe"dors, administrators or assigns
<br />I shall payor cause to be paid to the said mortgagee(s), his, her or their heirs, executors, administrators or assigns, the
<br />! principal Slim of $1,250.00 payable as follows, to wit:
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<br />I $250.00 on 2/3/84, $250.00 on 3/3/84, $250.00 on 4/3/84
<br />I $250.00 on 5/3/84, $250.00 on 6/3/84.
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<br />I The rate of Interest Dayaahle is 121/2% Der month on the
<br />I unpaiQ princl.pa1 balance. .
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<br />I with interest according to the tenor and effect of the mortgagors written promissory note bearing even date with these
<br />I presents and sJwIl pay all taxes and assessmenls levied upon said real estate, and all olher taxes, levies and assessments
<br />11"'ied upon lhis mortgage or the 1IOIe which this mortgage is given to secure, before the same becomes delinquent, and
<br />I keep the buildings Otl said premises insured for the sum of $1 250 OQ loss, if Otly, payable to the said
<br />! mortgagee, thetl these presetlts to be void, otherwise to be atld ~e"'Oltl' itl full force,
<br />I fIT IS FURTHER AGREED (I) That if the said mortgagor shall fail to pay such taxes or procure such in-
<br />, SUratlCe, the said mortgagee 'may Pay stKh taxes..a.I,d procure such i1lSuratlce; and the sum so advanced, wilh interest
<br />i at per cetlt, shall be repaid' by sat<L """r,gagor, atld this mortgage shall stand as, security for the same.
<br />I (2) Tltat a failure to pay atly ofsaid1tlQne~l,~thp. principal or itllerest, whetl the same becomes due, or a failure to
<br />comPly with any of th,e foregoitlg agreement.,sha.ll cause the whole sum of money herein secured to become due atld
<br />, collectible al Otlce 01. the optiOtl of the mortgagee,
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<br />. Signed, Ihis 12 day of January
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