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<br />S2-A-REAL ESTATE MORTGAGE-(With Tax Clause) Rev. 7A Huffman and Felton & Wolf. Walton, Ne. 68461 i
<br />I{NOVV ALL Ie2EN BY THESE 3?)ZESF<NTS: That Z41e N3eyer Five (A Partnership)
<br />3,
<br />~. of Hatuard County, and State of Nebraska---~---__ , in mnsideratioa of the sum of S
<br />SEVFN TfiOLlriAND ADID NO/100thS - -($27r000.00~ DOLLARS
<br />in hand paid, do hereby SELL and CONVEY unto
<br />Austin & Cleo P. Vanderford
<br />of Merrlek County, state of Nebraska the following described premises situatzd
<br />in Hall County, aril State of Nebraska , to-wit:
<br />Tat 2, Black 148, Union Pacific I~ilway Q~mpany'a Second Addition
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<br />to Grand Island, IFall (bunty, Nebraska
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<br />The infention being to rnmey hereby an absolute title in Lee simple, including all the rights of homestead and dower.
<br />TO HAVE AND TO HOLD the premises above described, with all the appurtenances thereunto belonging, unto the said ~
<br />mortgagee(s) and to his, her or their heirs and assigns forever, provided always. and these presents are upon the express ~
<br />condition that if the said mortgagar(sj, his, her ar their heirs, executors, administrators or assigns shall pay or cause to be I
<br />~. paid to Ute said mortgagee(sj, his, her ar their heirs, executors, administrators or assigns, the principaf sum of 3 27, 000.00
<br />i
<br />payable as follows, fa wit.
<br />59,.000 due January 3, 1983, and the same am~ttrlt due ,3anuary 3, 1984, and
<br />1985 plus accrued interest on due dates at l3$ per annum on the unpaid
<br />i~alance.
<br />~ with irrterrst acourcling to tla: terror and effect of the marlgagors wr:tien promissory note M*.aring even date with these preserts
<br />} and sha13 pay all taxes and asee;usrnents Levi,.YS upr,n said real e,tate, and all other taxes, 3evies and assexsments Levied upon this
<br />mortgage or the note 'whidh #his mortgage rs given w wea.vre, before the same hecoaies delinquent, and keep the buildings on
<br />said Rremiaes insurer) for the sum of 3 ~} OOQ, OQ tc»s, if any, payable to the said mortgagee, then these presents
<br />! to be void, otherwise to be and remain in €uil tome.
<br />f fT IS FUfiTHEA AGfif~,ED S1) That if ihr ,aid mortgagoc sltal3 fai3 to pay such taxes or procure such insurance, the
<br />i said. mortgagee may pay such taxes and prtxvre such insuranc€; and the sum s+, advanced, with interest at 13 per
<br />~ cent, slratl be repaid by said mortgagrx, and this nwrtgage shall stared as security for She same. (2) `T'hat a failure to pay arty
<br />1 of said money, either printtipal ar interes#, when tfre txame frecames due, or a faifure to romp3y with any of the foregoing
<br />agreemenffi, sha31 cause the whole sum of money herern secured to t~wme due and collectible at once aY rice eption of the
<br />mortgagees.
<br />Signed this 4th day of .3anualy is 82 .
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<br />In presence of
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<br />STATE a~ .....~~ .~ c~ . . ............. . ~untY of ... f . ~: ~:..... .....:
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<br />The fore Ding instrumi:n was acknowledged before me .... ... .......19 :2. `~
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<br />iol~~Cfwsu,ll~. ~r.s~ tiq Signature of Pezsnn Taking Acknoudedgment
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<br /> T7tle w
<br />STATE °JF..... _... .__,. ...,..._ _..__.... _..._ I Entered ar. oumcrlcal index and i3led for reeu~rd
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<br />t.~~#ty ............. ......... ....,........ .. ~ in tl;e l3egiatet of Deeds Office of said County the ~.
<br />........da5y od._.__. ....._._., ..__..., 19 ... __...., at. _.___ , .-.-.--.-.o'clock and..._._._.____.._.__mvaufXS ...,-__ _____M.,
<br />sad recoxlcxf ire )Sask.,.-. ...__....... .._._,__aS. _.....__.. ...___.._...at page- .....-.--_ . __
<br />_.._._ _ _ f2Hg, of Tk~,ds i
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