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<br />CONSTRUCTION SECURdTY
<br /># ~T~7H7I~~SNp- ~I~wd~~TTSTRUt~EZ±iI. CQ>~SII,T~USFS_.A CQ~ISxRU~I~..OId. SlrGIdRI~'Y:~:,
<br />'-?r1R.`REAt. ESTATE MORTGAGE-(Wi4h Tax Clause) Rev. 78
<br />!?LDER-TkIE-::NEBRAS~CA-,GON~~R1Ifi~TIOty
<br />Huffman and Felton.& Walf, Walton, Ne 58461;
<br />-, ~ KDFOW ALL MENBY'THEEF. PRESENTS: That Gr@gOrJ/ ~. Wa7Z.,.A $1flJ7@ P@r50n.~
<br />of Hdl 7 County, and State of N@braSkd , in consideration ofthesum of ~~~
<br />THIRTY FIVE THOUSAND AND N0/700-------------------------------'------=---=------ DoLLAxs,'
<br />in bona paid- ao hcreny sgLL a~a Cf)N4"EYunto The Furst National Bank of Grand Island,
<br />~ Grand Island, Nebraska
<br />{ of 1id71 County, State of >Nebrdskd. the following described premises situated j
<br />j in Hal 1 County, and state. of Nebraska . to-wit '
<br />~ ~
<br />j
<br />,a, LUT THIRTEEN (73}, IN BLOCK ONE {1}, I
<br />oC iN UNIVERSITY PLACE, AN ADDITION: TO
<br />~ ~ THE CITY CF GRAND`ISLAND, HALL COUNTY, ~ '.
<br />F ~ NEBRASKA.
<br />I The intention being tcs arnvey hereby. an alxwlute title in fee simple, including alt the rights of homestead snd dower- i,
<br />Tt7 HAVE AND TO HOLD the prms:sas above de`cribed, .with all the appurtenances thereunto belonging, unto the said ~~
<br />`( mortgagee(s) and to his, her or their heirs and ascignsforeve r, provided always, and. those presents are :upon the express ~l
<br />twtidition -hat tt the said mortgagor(s), his, her or their. heirs, executors, administrators oe assigns shall pay or cerise W be
<br />paid to the said mortgagee(sl: his, her nr their heirs, executors, administrators or assigns, the principal sum of 3 35 , OOO.Ofi
<br />~ payable as [oilaws, to wit:
<br />i
<br />E PRINCIPAL PLUS ACCRUED'INTEREST AT RATE 3
<br />OF 16.50% DUE AND PAYABLE DECEPI6ER 7,:7982.
<br />with interest according to the tenor. and effect o[ the mortgagors, written promissory note bearing even date with these presents
<br />and short pay aU taxes and assessments Itwied upon said reai estate, and ^" other taxes, levies vnd assessments levied upon this
<br />mortgage or the mote which thtg mortgage isgiven to'seivre, before the same becomes delinquent, and keep the buildingson
<br />{{ aaidpremiseennsured..tor the sumof. S 35,QQD.QQ :loss: if any:. payable-to the s';idmortgagee, then thesepresents
<br />to be void, otherwise to be and remain in full force, I
<br />1T Is FURTHER AGREED (I) That if the said roorigagor shall fail to pay Bch taxes or procure such insurance, the
<br />said mortgagee may pay such taxes and procure such insurance: and the sum so advanced, wsth interest at 7f). 5Q per,
<br />cent,-shall be repaid by said mortgagor, and this mortgage shat( stand as security for the same. (2) That a.failure to pay any
<br />of said money, either principal or interest, when the same becomes due, or a tailuxe to comply with any. of the [oregoing j
<br />{ agreements, shall cause the whole. sum of money herein: secured kr becomedue :and collectible at once at the :option of the
<br />I mortgagee. '
<br />f signed offs 10tideY of June es g
<br />In pxeseace of . Gl'1?g(11 J~~TZ .......~ _..... ._._.. ....
<br />I _.. ..,.
<br />.......
<br />~ SfATEOF...Nebraska. ...---•-----:..Countyof ... Na11----'---•-----.
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<br />j T'he forngoing instrtsaien as acknowledged before me ....:....... a 4~lte , ~ ~1 ::......:. . :.....:19 .. $~
<br />~ by ... _~Ce94['Y-:C, Person,
<br />...
<br />MY Conmission Expi ~j 87clet ~1: .:~.~. :': .. .~•:;...._...: `_-..-.
<br />Signature of Person Tatung Aeknowledgment
<br />' ~ a S;x ..:...Nvxdry.Public ............:..........:.....
<br />~~~OF Nf~R~~ Tittle
<br />~- STATE OF ___ ~ . Enteredomnumericsl index and filed for recon3~
<br />i;,~unty ___ ...,:>. .:...... ._...... ~~ in the Register oQDceds Office of said County the;..
<br />- _. _.._ ..__ _...day of ._ .....:.. ..:......:......:..... SS........._, at:........... __,......ocl=xk asxl_... ...:....... _~~ninutes .. M.,s
<br />~.. and recc~nled in f3aok.: .....:.... ,......: ._ .. -._._pf.. , _....~... ....., ._ ..at page__... .:_.._. .. _. _.._ .......... :.
<br />..:._..........., _. .. ..._........ .. ........:......Rag.. ofDeeds}
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<br />tsy..-....... _.... .. ...__...... .. ,...,... _ Iaeputy
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