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<br />52 A~•-RE{RL ESTATE MORTGAGE-{With T:x CEausc) 1?er.,,,,~y~ ~0 ~~ ~ ~t .~ Huffman an6 rettan& MYalt, Walton Ne 6$A6?
<br />y xtac3ty Aa:L ht>vrr sY TTxESS,: T'Fi.ESENTS: That TH~IMAS R. KING and CARt)I_ D. KING,
<br />husband and wife,
<br />oP Hall County, and State of Nebraska Yin consideration of the sum of ;~
<br />Six Thousand Five Hundred-----_--------($6,500.40)-- -DOLLARS ;
<br />in hand paid, da hereby SELL and GONVEY unto DARREL J. LEASE and BEVERLY J. LEASE,
<br />husband and wife,
<br />'~ Denver Gounty, Statr, of COl OradO the follaving described premises situated
<br />( in Hall Gounty, and state of Nebraska , to-wit:
<br />Lot Twenty (20}, Anderson Subdivision, located on
<br />part of the Southeast Quarter of the Northwest
<br />Quarter (SE~NW~) of Section Twenty-Two (22),
<br />Township Eleven {11) North, Range Nine (9), West
<br />of the 6th P.M., Hall County, Nebraska.
<br />**to pay any amount within ten days after due date, the whole indebtedness
<br />secured hereby shall, at the option o£ Mortgagees, immediately become
<br />due and payable, without Further notice, and the amount due under said •
<br />Promissory Note and Portgage may be foreclosed to satisfy said Note
<br />and Mortgage.
<br />t
<br />~ The intention being to convey hereby an absolute title in fee simple, including all the rights of homestead and dower.
<br />TO HAVE AND 'PO HOLT3 the premises atxne ciescrilx~l. witty all the appurtenances thereunto belonging, unto the said
<br />i
<br />1 mortgagee(s) and to his, her or their heirs and. assigns forever, provide>ri always, and these presents are upon the express
<br />condition thaC if the said. mortgagorlsi, his, her or their heirs, oxecuton, administrators or assigns shall pay or cause to be
<br />paid to the said mortgagees 1, his, firer or their hr+irs, executors, administrators or assigns, the principal sum of $ 6 , 5OO. OO
<br />t payable as foklaws„ to wit:
<br />Principal in the amount of $6,500.OU, plus interest, at the rate
<br />of 12 percent per annum from date hereof, shall be payable in
<br />35 equal installments of $93.27, the first monthly installment
<br />to be made on 'j-Y7d<C~i€l, 19$2, and a like amount on the same day
<br />of each succeeding month thereafter; provided, that the 36th
<br />and final payment shall be an accelerated ballon payment pay-
<br />in the entire amount of the unpaid principal balance of accrued
<br />interest, namely';a37s:~t.Al1 such payments shall be made pursuant to
<br />the promissory note of even date herewith. Ii Mortgatorsfail **
<br />'with interest a cording to the trnor and eifecK of the martgag{>rs written promissory note bearirxg even date with these presents
<br />'and. shall pay all taxes and assessments levied upon said real eriatc, and all other taxes, levies and assessment levied upon this
<br />mortgage or the rtate'which this mortgage is given to secure, bef'o.re the same becomes delinquent, and keep the buildings on
<br />said .premises insured for the sum of $ 45 , OOO . OO ,ions. if any. Payable to Lhe said mortgagee, then these presents
<br />(to be void, otherwise to be and r¢ntain in full fonre.
<br />TT TS FLSRTHER AGT2EED (1) That if the said mortgagor shall Lail to psy such taxes or procure such insurance, the
<br />': said mortgagee rnsy pay such taxes and. prcx are such insuraneP; and fhe sum so advanced, with interest at 1 9 per
<br />cent, shall be repaid by said mortgagor, and this mortgage shall staid as securily for the same. (2) That a failure to pay any
<br />of -said money, either grincipal ar inierest, when the same 4uromes due, or a failure to comply with any of the foregairxg
<br />agreements, shall cause the whole sum of money herein secured xo become due and coltectible at once at the option of the
<br />:mortgagee.
<br />i °° Sigaed this ~ `~ say of January l9 8L ,
<br />~~ ~ ~~.,
<br />1. Tn presence of ~:. ~""~ "~~ '~':''.....
<br />~J it `~~'+Om~S,y'~ ~ .................... ...
<br />f ' ;+t 1 ~ '"i''
<br />STATE OF ..NEBRASKA... • .... , ..... , L.ounty of ... Hall
<br />The. foregoing instrument was acknowledged before me oxl. JaTluaty......... a. .........19$2.
<br />by .,.:Th4mc2s..R:.Ka.ng,...and Carol D. King, husband and wife, for the
<br />purgoses "'therein stated.
<br />I ~ ~// ~C ~~ `.~ Y--
<br />>ti G ~i NG?AR! - ~,.,` to of Melu'as~y , , ......... ,/~~ ~! ~%'~!'""~ ................ .
<br />-TAC~`_4Y L. t c : ~rc .., V Signature of ee'r`son Taking Acknowledgment
<br />Tsile
<br />~: E3~`ATE OF'....,... .,....,-.. ._ ......... .................) Entered an numerical index and filed for rcvrord
<br />';. f".,tixaty ,..,,..... ..• ....:. ........._ .._.._ ...... i ~ in the RegiaWr of Duds Office of said County the
<br />_ ___......,. _.. day c,i ............. ......_... __._......, 19 _..._.__. at,...___... .... _...n'clock oral........-. ......._..minutes _..-_ _.._._..M„
<br />arid_reevrded irx fioak.._ .... .........._. __......_...of ,.....__.... __...... _.___..at page. .. __..__ .__.._.__._...
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