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<br />Thi!! instrument constitutes a constructi on security interest under the Nebraska Constructi on~ ie.n
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<br />52-A-REAL ESTATE MORTGAGE-(Wlth Tax Clauae) nev_ 7~
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<br />Huffman and Fe!:on & Wolf, Walton, Ne_ 68461
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<br />KNOW ALL MEN BY THESE PRESENTS: Tha~Norman G. Nackerud and Mary Ellen Nackerud,
<br />Husband and Wife
<br />of Ha 11 County, a.nd State 01 Nebra s ka , in consideration of the sum of
<br />One Hundred Thirty-five Thousand and no/IOO-----------------------($135,OOO.OO} DOLLARS
<br />." ha",! p~;d, do j",.ehy SELL and CONVEY unto Norwest Bank Grand Island, National Association
<br />
<br />of Ha 11
<br />in Ha 11
<br />
<br />County, Stale of Nebraska
<br />County, and State of Nebraska
<br />
<br />the following described premises situated
<br />. to-wit:
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<br />Lot Two (2) in Block Three (3), Brentwood Subdivision in the City
<br />of Grand Island, Hall County, Nebraska
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<br />'I'll{' lntf'nijon tJ.t'in.c to n~hVf.'y h~'ri..tJY an ab!:'olu:~' tHH' in f<:'E' ~; a.pie, including ail ihe - rights OJ hO~_-a:fid ,dciwa~. t'
<br />TO l-iA'V"E i~.~..jD T-(, gDL'r; tho;;.:: r,Tr;-H~;;~g ;:d~';.''C ;:!1'~~r:~.~, '.N~'tb.: .an !h~ p:ppnrl:~~R tAAreunto-__~,,~_ untu<,thB--~ 1t-
<br />m.o-rt.g.:~p:d5~ ..wd h.' hi:!. iwr or their tH->~fS and a~!'!.:gns (oH'vpr, pr.,v~d{"d always. nod these- -pTesen'ts a,re _-upon_' ,the e~-~$:s,'__::I:_:
<br />(,rmrhtmn that 1f th~~ :v_ud mort:::<l~nr{:[.\I, j-m;, her or thc.ir heirs. (lxlX.,,:~lnT5-. .udmmi3trat0l"8 or assigns shall pay' or, cause- -to -be:::_, "
<br />paid tlJ the ~jaid murt~ag{<'(.t!i,l, his. hf't O[ l_!.'c'lr ltPit"S, exefUlOrs., administrators or assigns. the __principa,l sum Qf-$1-35-:-~OOO;~.:oa'-, 1_
<br />p-~~~bl-t' a~ f-:~'!!.~),,!~, ~!; ..... !'
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<br />One Payment of Principal PIus Accrued Interest at lZ.SO% I
<br />Due and Payable May 6, 1985, i
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<br />with tnt(:tf'-~t ~!l3_:ur-dmg- tI, thr' t.-nor and dl'f'\,"!' d the ffl(Jrtg~ip:~)rs -.....'ritt.~.>n promissorY note bearing even date_with- these present.s i
<br />ami oSr:..aH pH:>' aH tf1.):.t'~ 1:Hl41 ;_t;-;*,-..;~awgb_ in'I-\:'1! UPHU ,...-tKi w-ai ~'-'$tat(', and aU Qth-er- t~xes. le\-'i~-and--~ents Wvied upon- thie-:'- {I
<br />ffitJ.rt-!!:<J,t;'.- (d'" thf" n'.>t-e wh~~~ thi:<.' Jfwrtga~f' I:; ~n--,;:'n h, :;'f>(,-UW, ht'!fnre thi" ~u:ne hi"-i.'Otne-s delinquf"-..n-t. and ,keep the buildiDp-On_ .-
<br />Mtd pr~>ml~:"'" .l..;';UH"l'l fo,; Hk ,,-orn 'If :$ 135 ...OOOs 00 !ot>s. !! any, payuble to [he sa.id_mor-tgagee-~ th$n', these P-rednla_ t
<br />In t~~ vou1. "th(~ry"'!~ h: bp and rnnuin H1 tuH {>t,rn,:, j
<br />rr I,S Fl'HTJ-n.:n J\GHEED I J.~ Th;,lt tf Hl() :-:4u-d rn-(}rtgogor ::-.haU faii to' pay su.ch ta,Ites Of' prQ(~t'e,s-uc:h insumnce;-.th'l' t
<br />,~..ud mnrt~a~:{'f-" ma\' jtt.y ....ti..:h unt'>", ;wd lff',C1U--t' !<:Hen jn~"uranct.'_ and th~~ sum g(;' mlvanced. with intft-rest at It. 50 per!
<br />n-'fit, ~haH !..:: _r-i.~P{t~! h-,' ....'lHi funriga.W)f, c.Uld tb", mOrb~i.1;(' :shaH ~t~nrl as. SH'Ur!ty fUT the 8:m:'W.- {2} That a failuTe:-to:~-- any ,I
<br />cd -N!.id m~lO~-'\ vrt!wr Vff!H-wai tl, J.nkfn--l ),;.ht'n tiw ;.,arn~ I){:t.'om{~!f -dtli'. (H a (ai1ur~ i-o i."Otnply with any_ 'Or the- -fureg~, t
<br />il;! ({'.-'mrn L"" !>h.:lli ,.:au~.f~ the v,-{H.h' sum {.i nHHlt.~Y h;n!!H M~('ured to bt'comt' due and collectible- at once at the _option Of -the 1
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<br />My CO!!1!lission
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<br />S,gnalure of/Pen;on Taking Acknowledgment
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<br />Notary. , Pub-Ii c,
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<br />Ente_red on nUDwtt('1l1 Index. B,nd moo for- ~
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