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<br />84...... 006153
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<br />REAL ESTATE MORTGAGE
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<br />'I"'I"_'!II,"l
<br />n~<1.
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<br />KNOW ALL MEN BY THESE PRESENTS:
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<br />THAT
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<br />KIRK G. AIK>ID and MANILA AIK>ID, Husband and Wife,
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<br />(Yhe~~er one or morej h~rein called Mortgagor! gf
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<br />County and State of Nebraska
<br />the aUlD of Eleven thousand Nine hundred forty-four & 90/100---.. j)OLLARs..
<br />in hand paid, do hereby SELL and CONVEY unto TheClverlandNational
<br />R<m~ of Grand Island. Grand Island~'E (berein calledM.ortgpgee)
<br />of Hall County, and State of Nebraska
<br />the following describdd premises situated in Hall
<br />eounty, And State of Nebraslg)......__, to-wit::
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<br />Lot Nine (9), in "tloush'~. I'leasan",;,~le Terrace Subdivision", being.a
<br />part of the Northwest Quarter (i'I'W;t) or Section 'l\venty-8even (27), in
<br />Township Eleven (11) North, Range Nine (9) West of the Sixth
<br />Principal Meridian, Hall County, Nebraska.
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<br />The intention being to convey hcruby an absolute title in fee
<br />.imple including all the rights of homestead and lllQrit:al rights,
<br />if any.
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<br />TO HAVE AND TO HOLD the prelllJ.ses described, with .:tll the
<br />appurtenances tbereunto belonging unto the said mortg.:tgee or
<br />IlOrtgagees and to its SUCCCSl:iors <.Ind assigns, forever, provided
<br />always, and these presents drc upon the express conditton that:
<br />if said mortgagor or /!Iortg-lqvl-s, its, his, her vr their huirs,
<br />...r800a1 representatives, :>UCCUS::iO,Cl:i or i.lssiyns ::ih,,d 1 ('....y vr
<br />callae to be paid to the silid mortgagee or mortguqucs ,Ind to its
<br />8ucc::eS$Ors or assigns the SUIll of HI.944.~___.._____
<br />Dollars presently advanced and the ,unount of futuJ:c ....llV.HIC!..!S to
<br />the Mortgagor which together with the amount presently advanced
<br />ahall not exceed the total sum of Sill,1144.00.. .
<br />Dollars at anyone time unpaid and outstanding, due -lod payable,
<br />witb interest, according to the terms of the mortgagor's promis-
<br />~y not.ela) referring to this mortgage and evid~~ncinq such
<br />&dvane.., it ~inq the intention and aqreement of the lJiirties tha.t
<br />the lIIOrt9agor will from time to time repay advances secured by
<br />this mortgage according to the terms of Promissory note(s)
<br />evidenoing the same and the mortgagee from time to time: lIl"'y, at
<br />ii;. option, lIIllke future additional advances and re<ldvances c.nd
<br />.teoew or extend note(s) evidencing outstanding indebtedness which
<br />aball be secured hereby; provided only that the tot",l principal
<br />aeount of unpaid indebtedness secured by this mortgage shall not
<br />.t anyone time exceed the maximum amount above stated plus .:lny
<br />a4vanoell to protect the security. The mortgagor sh",ll p"'y d 11
<br />tax.. and any interest and maturing installments of principal
<br />due on any prior mortgage and aSSiJSS1f~nts levied upon -til.-iid reill
<br />eata... and all other taxes, levies and dSl>eSSments levied upon
<br />tbia lllOrtqage or the debt which this mot.tgage is gi VeIl to ~H.!cure,
<br />btJfora the S4llle becomes delinquent and keep any buildings ('n
<br />..u.4 premises insured for the SUl1\ of $-.1lhOOO,QQ._... , loss, if
<br />&DY~ payable tQ Buch first mortg~gees or this morty~yL~~1 or botol
<br />.~ the.. pr..ent. sha.ll be void, otherwise to be and n:ma.tll in
<br />',"1 '"08.
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<br />U' IS FURTHER AGRE.lW U) That if said 1lI0rtgdqO[' ,;h<l11 Lilt
<br />:;::I.:rnl ta:ea and. such Hlterust Oil, or lI1<ltUt UHl u,,,t,d IIH<::IlLS
<br />P&, ue on any pr .\.or lllor tc:)dqe and procun, :ill';!l I nsur....nce,
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