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i S2;•y-SECOND REAL ESTATE MOHTGAG E--With Tax Clause MUttman and Felton R Wolf. V4a~ion. Ne 554fi] I
<br />KNOW .4: L 14iEN BY THF.5E PRESENTS: H2 ""'~) C~ ~ O ~%J ,
<br />T.L4T 1 or Ii'E, Donald G. Battershaw
<br />of Hall Coxnt}' and State of Nebraska in conswderation of the su»t of
<br />Tsto Thousand Six Hundred Seventy Eight Dollars and 40/100 DOLL-AFcS
<br />in hand Paid, do herehp SELL and CONL'EY unto Pacesetter Products
<br />(noortgagee 1.
<br />of Douglas Count~~, and State- of Nebraska ,the jo!loanr.,7 described premises
<br />sisxated in Hall C'ountti-, r±nd Stota of Nebraska to ~ctit:
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<br />x `til ~}-' ~ ;~ ~ Blpc K 6 t/r~ ~ t2 o r1 Aye; ~ /~ ,
<br />U % l f ~ c. 3'1 fj P~'-7 ~~ .
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<br />Tlu intention bring to marry hereby aw'abtalwte tint is frr rimplr inrludin;7 ai! stet rights of horncstcad and dn:oer. I
<br />TO HAVE AND TO HOLD the frr'srnisrs above described, uith all the aApurtenances thereurfo hrlonging unlo ~,
<br />stet sold asortgayre or nwrtgagrrs awd to hu, bee nr their heirs awd assigns, farevrr, rro~adcd alunys, and there p~es-
<br />ruts set avow the rspress coaditiow that if the said mo,igdgor Ot nuMgagors, his, ker rr their hears, t~xerKtors, admia-
<br />isbattns ar asngwt sholl pap or cawe to be patid to the said :worlgM^" e!r mortgagees and to his, her rr their h,~irs, ex-
<br />«rtors, adtwiwiteratots or auigtu, stet sxwi of Ttys ~4,CA~ 5;~( r14N~lf~ ~ ~`ir-'~+-E~ i~~t`' ~~Ao! p f--y
<br />1'o!lars, payable as follows, tr-uht:
<br />~~~ .Z.N'S`~At~m.:v 15 0~~~ ' Lf.,o
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<br />~' ~ atatk intrruf therroa at 18 pct cent per awwww, psyablt monthly onaually, accordin_q to !!te tenor and ejject o} t
<br />} the prorwissary wte with interest roaporrs attnehrd of raid N.wtgagorr, bearing even date unite these pees-
<br />j rwfs, awd !teal! pop af! tries and sny iatdesf os, or rnatwing inrtallments cf pnnnpal, due on rzry prior irwrtnage and
<br />artrsnwewts levied wpoa said tool estate aad c!I other tales, kt+u and asussmen~c !cz'ied ~~pon this t~:ortpoge cr tke
<br />wti h tleit ~wortgagr is given to secarr, before the same becomes delinquent end keep the ?~ulldirgs on said i
<br />~ prrwitesiwswed for the saow $ ,tots, ij aap, payable to such first martgayees or !Otis u•.or~tgagee, or L~~th, j
<br />eiu9s !first prrsewtr be timid, otitrrrxue to at aad rerwain in full Torre. :
<br />IT !S FURTHER AUREED t`IJ That if the said mortgagor shall fail to bay such tczes end s~~ch interest on, ,
<br />or >»otrriwg in.claRraeats of p>sncipai, dtu vn ~y prior rnmtgagr axd procure Bach inruranc~, then this ntorigagee may
<br />pay loch taro aad such ieatrrtst oa, ur msturing installments of prineipai, due rn .;zreh prier mortgage and procur ~
<br />srch iaswsner; and the s'atrn _*o udvaac'rd :cith iatrrut W nine per tent lino!. be paid h said s~to*tgayor, cud thi.t hart- ~
<br />~ gage thou ttawd as secerity )`r' the same- ±zj That a failure to paa an, o{ said nraneti°, either principal er inCxrre.rt ,err
<br />~ th3s or any prior mortgage, when the saint 3econctr dos or a jai!><re to complq z;Kth anp o; the jnrego-ing ~sgrcrnrents. ~
<br />slrtl! caws! the mhoTe sum. 3t moneg hercia recwrd to become dt.e and coilectahie at anr~' at the option u( the mart-
<br />ga jrr.
<br />i IT 1S F(;RTHER AGREED That said mortgagee, pending fomcloss:re of this mortgage and afts- gotten and '_,
<br />pefidiag stay thlrsewm arttgl ttursfrorw sad peadiwg save of premises onurtoarr-d, rns;~ peg soon uir~'s znd m:lturfnq
<br />interest or mcuwiag is tafFaatnetr of {~riacipsl, on prior mortgstges, procure suer. inssrance and loch srsms s;~al! A
<br />i ada'xd to tiu unt+~rat dac vn decree ami !span coa~snsation of salt by the court erdnred taken out of /receeds a u:ic
<br />ur tl retkrer~ti dwring stay, apps! or sole, sxth a+nexnts sna11 bo rollested fO:e safne cs :f:ouph it seer°e a !+art c+ ;a;ir
<br />rterrrs_
<br />Sig+ud !hu 1~ r?ay, ~j Aprii ~ rq B2
<br />In Pr.rencc of
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