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<br />~~ d 52%a-..-SECOPtia REAL ESTATE MGRTGAGE-With Tax Clause
<br />Huffman and Felton & Wolf, Wallon, Ne,S8AS1
<br />arrow AT•T• N1F~I ~~ THESE PRESENTS:
<br />:?'HAT I m WE, Terry G. and Fora E. Rnke Husband and Wife
<br />of Hall Cossnty and State of Nebraska
<br />Four Thousand Four Hundred Thirty Eight L'ozllars and 20/100
<br />i» hand paid, do hereby SELL and CONT/EY' unto Pacesetter Products
<br />of Douglas County, and State of Nebraska
<br />situated in Hall County, and State of Nebraska
<br />Lot 7 Block 28 Wasmerss Rddition
<br />in consideration of the sum ej ~
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<br />DOLLARS ~
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<br />(rsxortgage¢),
<br />the foitarting described premises
<br />to-will
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<br />Tlee inte»tion being to convey hereby an absolute title in fee simple including std the rzylsts of homestead and dower.
<br />TO HAVE AND TO HOLD the premises above described, with all the appurtenances thereunto belonging-unto.:.
<br />the said mortgagee o- mortgagees and to his, her or Their heirs and assigns, foresrer, provdded always, and these pres-
<br />¢ntt are upon the espress condition that if the said +nartgagor or rrw:tgagors, his, her or !h¢ir heirs, executors; admix-
<br />istrators or assigns shall pay or cause to be paid to the caul mortgagee or mortgagees and to his, Iter or N:eir heirs, ex-
<br />ecutors, administsators or assigns, the sum of
<br />Four Thousand Four Hundred irty Eight Dollar ,~ 20J1QQ Dollars, payable as faUows; to-wit:
<br />with interest thereon at l8 per cent per annum, payable monthly annually, according to the tenor and effect of
<br />the promissory note with interest coupons attached of said Mortgagors, bearing even daze with these pres-
<br />eats, and shall pay all taxes and any inteses! on, or r+aaturiag instalirnents of principal, due an any prior anortgage ¢nd
<br />ossessrnents levied upon said. real estate and all other taxes, levies and assessments levied upon this mortgage yr tl:e
<br />note whisk this naartgage is given to secure, before the same becomes delinquent and kaep tha buildings on ;aid
<br />premises insured: for the suru $ ,doss, if any, payable to suck first uier2gagees or this mortgagee, vrvatk,
<br />then these presents be void, otheru^ise to be and remain in fold forte.
<br />IT IS FURTHER AGXEEt; {t) That if the said mortgagor shalt fait to pay suck taxes and suck interest on,
<br />or maturing install+nents of principal, due on any prior mortgage and procure such insurance, then this mortgagee nosy
<br />pay such loxes and such interest cn, or maturing installments of priruipal, due on such prior mortgage and procure
<br />such insurance; and the sum so advanced usth iraterest at nine per cent shall be paid by said mortgagor, and this rnort-
<br />gageshall stand as seczarity for the sanse. (2) That a faddura to pay any of said +nvney, either principal or interest on
<br />tills or any, prior mortgage, when the same becomes due or a failure to cornpdy 2uith any of the foregoing agreements,
<br />shall cause the zahote sunx of anoney herein secured to become due and colleciablc at once at rice vptiorz of the ncvrt-
<br />gagee.
<br />IT IS FURIHE~ T.Jrat:,said ztzOrtgagte, prnding farcclasiire of this mortgage and after decree and
<br />pending stay thereorrcorx ~¢enfding salt-? of prenaszr nzor'gaged, nwy pay such tuxes and anaturiug
<br />tnterest or rz.aturs+.g i,a rina os prior raorlgages, piecur such z+rsurance and such sz<rns shall be
<br />added to the asr ou~i}"diFr! r~ 'YWSafirmation of sate by the tour: ordered taken out of prac¢eds of sate;
<br />ar if rcdeerned during stu_y_, apy`eal o"r `sale; s,ich`ammunts slzal! b¢ collected the carne as tlzougiz it acre a part of such
<br />decree.
<br />Signed i7 dny of March. t482
<br />fn P exec of
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