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<br /> <br />REAL ESTATE A90RTGAGE <br />dCNOW ALL MEN BY THESE PRESENTSs <br />THAT <br />AUC~3ST H. PETERS and FIAINR A. PETERS, Husband and ~9ife <br />(whether one or more, herein called Mortgagor) of <br />Hall <br />County and State of Nebraska , in consideration of <br />the sum. of Tzo Hundred Ninety Thousand Ibllars and No/100-•------DOLLARS <br />in hand paid, do hereby SELL and CONVEY unto '~ OVERL.9NI) NATIONAL <br />BANK OF GRAND ISLAn1D, Grand Island, Nebraska (herein called MortgageeD <br />of Hall <br />County, and State of Nebraska <br />the following rescribed premises situated in Ha11 <br />County, and Mate of Nebraska , to-wit: <br />Attached <br />The intention being to convey hereby an absolute title in fee <br />simple including all the rights of homestead and marital rights, <br />if any. <br />TO HAVE AND TO HOLD the premises described, with all 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 or 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 Tiro }hundred Ei~.ht Thousand and No/100 <br />Dollars. presently advanced and the amount of future advances to <br />the Mortgagor which together with the amount presently advanced <br />sha21 not. exceed the total sum of Ttav Hundred Ninety Thousand and No~100 <br />Dollars at any one time unpaid and outstanding., due and payable, <br />with interest, accordin, 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{s) <br />evidencing the same. and the mortgagee from time to time :nay, at <br />its. option, make future additional advances and readvances and <br />renew. or extend note(s) evidencing outstanding indebtedness which <br />shall be secured hereby; provided only tY~at the total principal <br />amount of unpaid indebtedness secured by this mortgage shall not <br />at any. one time exceed the maximum amount above stated plus any <br />advances t<~ protect the security. The mortgagor shall pay all <br />taxes and r~ny 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 say buildings on <br />sad;premsea insured for the sum of $ NJA- loss if <br />~Yr payable to such first mortgagees or this mortgagee, or bath, <br />then these presents shall be void., otherwise to be and remain in <br />dull farce. <br />IT IS F'tIRTHER AGREED il) That if said mortgagor shall fail <br />to pay such taxes and such interest on, or maturing installments <br />of principal, due on any prior mortgage and procure such insurance, <br />