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<br /> <br />52.A-REA!- ESTATE MORTGAGE-(With Tax Clause) Rev. 78 <br /> <br />Huffman and Felton & Wolf, Walton. Ne, <br /> <br /> <br />KNOW ALL MEN BY THESE PRESENTS: That William L. Fowles, M.D. <br />Husband and Wife <br />of Ha 11 County, and State of Nebraska , in conaiderlitiOl1 of the lnnl1of. <br />One Hundred Ni nety- Two Thousand and OO/lOO---------------------~--------~-~---- J:)()LLARS <br />in hand paid, do hereby SELL and CONVEY unto Norwest Bank Grand Island, National Association <br /> <br />Hall <br /> <br />County, Stale of <br />County, and State of <br /> <br />Nebraska iliefullowmg <br />Nebraska ,t.o-wit: <br /> <br />of <br />in <br /> <br />Hall <br /> <br />Lot Four (4), Medi ca 1 Park Fourth Subdi vi si on, in the Ci ty of Grand Island, <br /> <br />Hall County, Nebraska, <br /> <br /> <br />The intention being to convey herehy 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, <br />mortgagee(s) and to his. her or their heirs and assigns forever, provided always, and these presents 31'e_upon.-tbe. express <br />condition that if the said mortgagor(s), his, her or their heirs. executor'- administrators Or assigns shall pay or- cause to- ~ <br />paid to the said mortgagee(s). his.- -her or their heirs. executnl'"s, tid!~ '"l.i.~, nrs or assignp. ~he.principal sum of $ 192,,000..00 <br />payable as foHows. to wit: <br /> <br />Principal plus accrued interest due and payable April 17, 1985. <br /> <br /> <br />with interest according to the tenor and effect of the mortgagors wrltten promissory note bearing e\ren date with these presents <br />and shall pay all taxes and aSh't.'SSlUtmts levieti upon said real estate. and aU other taxes, levies and assessments levied .upon this <br />mortgage or the note which this )l1,ortgagc is given to selc'ure, hefore the same becomes delinquent. and keep the buildings on <br />said premises insun>d. for tht, sum of S 192,000 _ 00 los.s, if any, payable to the said mortgagee, then these p.-esenia <br />to he void. otherwi&:' to be and n.'nwn in fuB force. <br /> <br />IT IS FURTHER AGREED (I) That if the said mortgagor shall fail to pay such taxes or procure such insurance, the <br />said mortgagee may pay such taxe.:" and pro('ure sueh Insurance; and the sum so advanced, with interest at 13.75 per <br />cent, shall be- repaid by said murtgagor. and this mortgagl' shall stand fl.... st:<..'urity for the same. (2) That a failure to pay -any <br />of 5..<\id money. either IJrincipal ur interest. when the s.arne Oecom~s due, or a failure to comply with any of the foregoing <br />agreenu>nts, shaH cause the whole sum of money her~in st..-..::ured to bei.~ome due and collectible -at once at the option of the <br />mortgagt"t'. <br />Sign,,.! lhi, 19th riay,,[ <br /> <br />October <br /> <br />'~t~~~ <br /> <br />.1 n pri"St:'w:,'t"- of <br /> <br />STATE OF <br /> <br /> <br />, County of <br /> <br />HC\,l.l. , <br /> <br />,O,c,tQb~,r:...,.1.Q.., ,19, ,$~, <br /> <br />by,. ,Wi ],l.i. <br /> <br />nd Kathleen C, Fowles, Husband and Wife. <br /> <br />My COIlIlJ.i ssj on <br /> <br />711 ' . 1; - Xl./ . <br />/li,fkJf(I/!;ht.:~ I. j, ..':., .'~rY7.,v.",., <br /> <br />Signa'ture;of Person Taking Acknowledgment <br />j <br /> <br />. Np,tiH'Y, PI,I~ Fe; , , , . . <br /> <br /> <br />Title <br /> <br />~.......,t",.t.... <br /> <br />STATE OF.., <br />" <br /> <br />I <br />l- 8$. <br />i <br />. , <br /> <br />Entered on nUffitlrical index and filed for record <br />in the Register of Deeds. Office of said County the <br /> <br />County <br /> <br />day oL <br />and rerordecI in Book. <br /> <br />In.. <br /> <br />, aL <br /> <br />,0 'clock and. <br /> <br />minutes <br /> <br />M., <br /> <br />of <br /> <br />. at J)age.. <br /> <br />By. <br /> <br />Heg, of IJreds <br />Deputy <br />