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<br />52-A-REAL ESTATE MORTGAGE-iLVSifi Tani Clause) Rev. ig Hutfmanand Felton $ Wolf. Walton; Ne. 634F'. '~
<br />~; xlvo`~v ALL ;u(>;lv s~ zx~s>; rlxESE?vTs: That J©seph 8 . Li l l ey and Mary Ann Li l l ey,
<br />~j Husband arTd Wife
<br />~, of .Hall'.. ~Caxtnty.andStateof Nebraska- --------------=m considerationofthesumof-.
<br />~f TWENTY FIVE THQUSAN6 AND NO/100-------------------- »ozL-aRS'
<br />;~ to hand psis; da hereby sfiLL and e()NVEY unto The First National Bank of Grand Island,
<br />'`~ Grand IsTend, Nebraska
<br />~f Hall County, state of Nebraska thefonowingaescritiedpremiaesaituated~
<br />(^j in Hall Cauaty. and State of NEbraSkd . to-wit:
<br />00~
<br />PART OF THE NORTHWEST QUARTER OF THE NORTHWEST QUARTER (NW;NW4) OF
<br />~ SECTION THIRTEEN (13), TOWNSHIP NINE {9} NORTH,. RANGE TWELVE {12}
<br />'WEST OF THE SIXTH-P.M., HALL COUNTY, NEBRASKA MORE AARTICULARLY'
<br />i DESCRIBED AS FOLLOWS;
<br />BEGINNING AT THE NORTHEAST CORNER OF THE NW;NWq Of SEGTLON 13, T9N,
<br />R12W OF 6TH P;M., HALL COUNTY, NEBRASKA; THENCE RUNNING WESTERLY ON
<br />~ THE NORTH LINE OF THE NW~NW; OF SECTION 13 A DISTANCE OF FI1lE
<br />HUNDRED.FIFTY FEET (550') TO THE ACTUAL A~JiNT OF BEGINNING; THENCE
<br />RUNNING SOUTHERLY THREE. HUNDRED THIRTY FEET (330'); THENCE RUNNING
<br />WESTERLY. THREE.kUNDRED THIRTY FEET (330'); THENCE`RUNNLN6 NORTHERLY
<br />'• THREE HUNDRED THIRTY FEET (330"}; THENCE RUNNING EASTERLY THREE"
<br />~ HUNDRED THIRTY FEET TO THE POINT OF BEGINNING.
<br />7
<br />i
<br />~ The intention. being tocnmey tierebr an alrsr+lute tiUeintee simple, including alt the rightaoE.homestead and :dower. ~'
<br />p TO HAi7E AND T(3 H(3LD the premiers-abmp described: -with aetl .the appurtenances thereunto beignging, unto the. said
<br />E$ murtgagee(sl and w his• her or their hearn and avignv- forever, pravrded always. and these: presents are upoo..the ezpress i
<br />rnndition:thatifthe said mortgagorisl. tus,her or their heirs, executers; administrators. ar assigns shall- pay orcauserto lies,
<br />f paid'. t$ the saidmortgagee(af, his..herartlieirheus;ezecutors. administrators or 3saigns.theprincipalsumof~ 25i000.Q~ .
<br />payable as fotltiws, to wit:
<br />FIFTY-NINE.{59) CONSECUTIVE MOtdTHLY INSTALLMENTS OF'` -
<br />5411:.03 INCLUDING PRINCIPAL AND INTEREST COMMENCING
<br />~ AUGUST lr 1982 AND ONE FINAL. INSTALLMENT OF $17,498:.89
<br />DUE: AND PAYABLE JULY 1, 1:987. FINAL INSTALLMENT IS A
<br />'• BALLOON"PAYMENT AND LENDER WILL CONSIDER'REFINANCE I
<br />with: interest acroucdirig. to Uae tuttor anti eRec2 +,f the mortgagorswriUe.:. ,promissory. note. bearing evendate wilb these presents ~.
<br />ana shall pay ail tart,-s artd aame,arments levied ulxm :;aid rest in+late, and. all other taxes, lejviea and aasesr<ments levied uiwn tftis j
<br />y mortgage or the. rwt=- "which this nwrigage. is given to •,ecure..: before the same taecomesdf+.inyuent, and::keep. the buildings.+rn ~
<br />` said premtaes nsur+•ri tar the sum of 3 25,DOO.OD .loan, it anY. payable to the said mortgagee; then these }iresenta i
<br />tubemui, otherwik~ trr hu and. remain in full farce; -
<br />ST IS FLrit'I'H~f2 ~tC:ftE;"~I) (l) ?`hat if the •said mortgagor shall fail: to pay su+~li Lazes or prucurc such inwurance; the ;
<br />.said nwet{;agee may pay suchtaxes andpnx:ure sv,cfa in+;urance,and the-:sum soadvsnced,with interestat 15.5Di~erf
<br />cent, shall 6c ^cpaid by said rau+rtgagor, and this mortgage afeafi stand as sec-nrity for the same. (2) 1'ha4a failure to Isay aay
<br />of said maney,eiYhee prine-+pal urinterest, wlrenthe vwmetiocomesdue, ar a failure io rnmply withanyoE the foregroing
<br />agreemontn, shall eause the whulc sum +rf rn+mcy herein secrired to become due and collectible at once-at the option of the,
<br />mortgagee..
<br />~ si~nea this 2nd day of June: , is 82 -
<br />In resrnce of ,:~ ~`
<br />P ,
<br />Joseph B ~rl~i~y '~. `~' .
<br />~~ F ~ h~..
<br />..,._ .. .,... ....... t ,.....--
<br />j
<br />STATE d)F ...Nebraska ............... : County of .Hall .... ....... , . , ......:.
<br />The faregoing instrument was acknowledged before rite .. - ...... June 2 , .......IS . ,82,
<br />.. .., ~
<br />b~ .,.Jds.B~t~.B.:l-x,1.10 I.~Ic{tBiq~Lllf=_y, Husband and Wife t
<br />~~1!r` Cs~'1~ ,~, ~~r ~`~
<br />My COSill1iS510 EX,~tres-~ ~ ., ~ f ~ Sigrtature of 1?ecson Taking~Ackttowledgment
<br />[Y - I
<br />' ~,~,c~ ` ~_- , :Notary .¢ubTic
<br />.Tf ~,~`~ Title
<br />33'ATE t3F......... _. .,....,-.._... i F..ntered ~n numerical index ans. fated far rc•cx,rd.
<br />- % ss.
<br />Cocrsty ......._....... _ ........ ......_.:.... .._-.._ 1 in Uae.Reguster rst Deedx (?dice of said County ifae.
<br />_.. _......_,_aay oE. .. . __.. ,._.<_ -.-...... 13.,._..._.-,, at_ ..,...._ ., _...._..o eiack and. ... _,-minutes ._... ..__. M.,
<br />slid re~eardean l3or~k _,... ... ...._ .of- __ ...__._ ._ ..._.._.mt page>._ _._..__... _. __........
<br />.._........_ _ _.._ _.. __. _. I2rg. ++f L?.+t~ds
<br />l3Y _.... .. _. .. f3elzrat;r i
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