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<br />~2-~=: i) fl 15 ~ ~
<br />REAL ESTATE MORTGAGE
<br />,~ KNOW ALL MEN BY THESE PRESENTS:
<br />THAT JOAN J. FAGA\, JP.. and L'IRGINIA R. FAC,AN, Husband and TVife
<br />the following described premises situated in Hall
<br />County, and States of Nebraska , to-wit:
<br />The South One Half of the Northwest One fT,.~arter (S~Nw,x) of Section
<br />Thirty One (31), Township Twelve (12), Range Ten (14), Hall County,
<br />Nebraska.. ,
<br />(whether one or more, herein called Mortgagorp of Halt
<br />County and State of Nebraska , in consideration of
<br />the gwp of Five Hundred Thousand Ibllars and No/104------------DOLLARS
<br />in hand paid, do hereby SELL and CANVEY unto ~' OL~Ri,~1NI) ~iATIONAL
<br />BAIL OF GRAND ISI,APID, Grand Island, `:ebraska (herein called Mortgagee)
<br />of Hall County, and State of Nebraska ,
<br />The North One Half of the Northeast One t?uax-ter (N?sNE?) of Section
<br />Twenty Four (24), Township Ts~lve t12}, Range Eleven ill), Hall
<br />County, Nebraska.
<br />The intention being to convey hereby an absolute title in fee
<br />simple including a12 the rights of homestead and marital rights,
<br />if any. `
<br />TO HAVE. AND TO HOLD the premises described, with ail the
<br />appurtenances thereunto belonging unto the said mortgagee or
<br />mortgagees and to its successors and assigns, forever, provided
<br />always, and these presents are upon the express condition that
<br />if said mortgagor or mortgagors, its, his, her or their heirs,
<br />personal representatives, successors ar assigns shall pay or
<br />cause to be paid to the said mortgagee or mortgagees and to its
<br />successors or assigns the sum of Tcbo Hundred Fifty-Fi;ve Thousand Three lh•ed
<br />Dollars presently advanced and the amount of future advances to No/104
<br />the.MOrtgagor which together with the amount presently advanced
<br />shall not exceed the total sum of Five Hundred '1liousand and No/140
<br />Dollars at any one time unpaid and outstanding, due and payable,
<br />with interest, according to the terms of the mortgagor's promis-
<br />sory note{s) referring to this mortgage and evidencing such
<br />advances., it being the intention and agreement of the parties that
<br />the mortgagor will from time to time repay advances secured by
<br />this. mortgage according to the terms of promissory note(sp
<br />evidencing the same. and the mortgagee from time to time may, at
<br />its option, make future additional advances and readvances and
<br />ranex or extend note(s) evidencing outstanding indebtedness which
<br />sha22 be secured hereby; provided only that the total principal
<br />aawunt of unpaid indebtedness secured by this mortgage shall not
<br />at any one time exceed the maximum amount above stated plus any
<br />advances to protect the security. The mortgagor shall pay all
<br />taxes and cry interest and maturing installments of principal
<br />due on any prior mortgage and assessments levied upon said real
<br />estate and all other taxes, levies and assessments levied upon
<br />this mortgage, or the debt which this mortgage is given to secure,
<br />before the same becomes delinquent and keep any buildings on
<br />said premises insured for the sum of $ N/A loss, if
<br />any,. payable to such first mortgagees or this mortgagee, ar bath,
<br />then these presents shall be void, otherwise to be and remain in
<br />1 full..forca.
<br />(^ IT IS FURTHER AGREED (lp That if said mortgagor sl-iall fail
<br />to pay such taxes and such interest on, or maturing installments
<br />of principal, due on any grior mortgage and procure such insurance,
<br />
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