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<br />52-diL~AL ESTATE N(OATGAGE•-(Wish 7ax'C)ame) 'rHm tiufzman 6eomr~7 9n~DSy Hon>e, G.anemin, f:ebr. <br />K~b'OGY ~1LL.:~fE+\' Br 1HESE PX&SrNTS: 7•hat IiARLAN R. SCHI,ACHTER AND GLORIA A. SCHLACh"FER, <br />-:~ HUSBAND AND WIFE <br />~: of Hpj,L Gounty, ¢nd Stade of NEBRASKA in consideration of tF,a sum of <br />EIGRT THOiJSAND AND 00/100 - - - - - L'ULL.9R <br />»4 hand paid, do herrbySGZL and GOeVb'EY unto MORRIS B, =~UI~LIid .SEANETTE E. uU1LLiil AND <br />GAYLORD W, ~UILLIId <br />of HALL Coxnt}, Mate of NEBRASKA the ,r l~~:rin~7 d~°srriberl pYevnises sitrtatsd <br />in HALL `County;.. and State of NEBRASKA to-.uY3: <br />- THE NORTH i~IFTY=FIVE (55} FEET 's <br />OF LOT FOUR (4}, BLOCK NTNETY- <br />:FOUR (44}, ORIGINAL TOWN OF <br />GRAND ISLAND, .HALL COUNTY, <br />NEBRASKA <br />t <br />The intention bony to ronvay hereby an absolute title in fee simple, indudinq a!! 1Lv rigrts c1 kornestead and. dozi~cr. <br />TO F7.41'B _4i\'D TO HOLD the ¢remises eboac dsscribzd, .uith ail t{~a afpu!tenaxces !lacrea:nto belrnging, <br />unto the said nz.ortgages(s) cod to leis, her' vv' tJeeir heirs and as.,~igsrs frr~.vrr, pr. dd~d always, and these pres.>nts are <br />upon the espress tonditicm that if the said morigagar(sj, his hsr or their hairs, exscutors, adminishators or asngn.c ~' <br />shall pay or cause to he puiti to 1hz sized mortgagee (s„ his, her er their heirs, ez•:naors, u~ministra?ors or assigny the <br />principal sum of 'vs 8,000.00 payable as follatos, to coif: PAYABLE IN ACCORDANCE WIT'fi THE TERM.i ' <br />OF A PRitMISSORY NOTE <br />with interest according is the tenor and effect of the martgcgors ssriiten prornissery nalebeanng even :'„ie cloth there <br />- presents and shall fay ell tares and asse~smenfs ieviad upon se id Taal estoa, mui sll otleer :r;,zes, lanes and rrsstss>nmts <br />lamed uf.en this n:artgegv er ape note t.~hich this >nortyage is given to sc4a. r, l••;Zore Ere sans bec~~nres drlinquant, an3 <br />1 keep the buildings on .raid freneises ina:~red br !As sun: of $ $,000.00 Toss, zf anti', pavixble to the said <br />' mortgagee, the» thvss (resent,c to be void, otluraise to oe and remain in full force. <br />IT !S FUXTIicF' ~1GkfiED ~ r) That if tl:e s¢id mortgagor shah fm1 to p+ay se~la ?axis or pra~eurs sxcle ix- <br />sura:ue, the .ccid nortgagee n:ati~ j,a~• such fazes and procure sucF. insurance; and tl:e suss so uluarce i, with i~eterrst <br />at I6 per crnt, shah bs repaid by ,;aid mcrtgaga>-, and this 7nartgige .hu' s.eyzd ag .recurib~ For lice same. <br />(aj That a failure to pay any of said money, cithar princ i¢a1 or interest, ?open Ui ,~nn~ bdcornes due, yr a. fciasrra tD <br />_ coMtply rutt$,any of;the j~rt'yoin,~ agreernvrsts, .rhnh eartirs t,tie inhale sum of r;ic~n~h• ?:e-r~.n s urea: t,; a ,Dote dare arzd <br />epJlectible P3 oars at t&a-,op!iDft of the rrwrtguyee. <br />'4 ~1 `' ~ ~ <br />Signsd thtc -~[~ day a7 I z <br />~~ ~S'g <br />'~ F ~ f <br />In p~rFSt ?+a of ,~ 'sC - ~~~(,~ s ~ <br />~ n <br />M1rtlIRJ/'~~krlWAn <br />lOIM 1L ~~, <br />tq• trir.lh-Jw~l tM <br />