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<br />52.n-aEAL ESTAT `c MORTGAGE=(With'TaxClausa) Rev. 7& iiu!fman and Felton &WOIf WalfonNe: F846:
<br />fi DIOW ALL MEIv F3Y THEBEPli$SENTS: That :~h111 p D.-LOWl"y and Po;a Amine 1. LC)W I'j,
<br />'~ Husband and ~'~ife,
<br />j of Hall County a d Stato f Neb rasra in c~ n 9derah n of the sum of
<br />' >~i~rty '"'housand end roil„~G Doz.>/~r~s
<br />in hanl laid, do hereby s>~>1>; and cowF.~- unto Bank of Doniphan, Doniphar, Nebrasl~ca
<br />C!r
<br />~ ~ of Haii County. Stete of 1V eb ra ska the G>ilownig descritkd pr msec situated
<br />in Hall County, and Stafe of lYebraST-a , to-wit: '~,
<br />~i The Southeast Quarter (SEA) of Section Tweh~e (12), Township N1ne (5)
<br />! North, Range Ten (10), ANst of the 6th P.M. Ha11'County; Nebraska,
<br />excepting tkzerefrom that part thereof .conveyed to he State'~f
<br />~+ Nebraska by Warranty Deed. recorded in Book ?~, at Page 496
<br />`, The intention being to convey hereby an absolute title in fee simple, including. alt the.. eights of. homestead and dower. ~~
<br />:; TO HAVE-AhiD TO..HOI:D. the premises abovedevcribed,. with all thea.ppurtenances chereunko belonging, unto the said '~,
<br />i '. mortgagee(s)and to hic;her aYtheir he;rsand assignsforeve r, .provided 'alwayaand these presents are .:upon the ezpres ',
<br />I conditionthatifthesaidmortgagorls),his;.heror their:.heirs, executors, adtn}nistratnrsor asaigns,shallpay..or cause to be
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<br />! paid to the said mortgagee(s), his, ber ar their heirs, executors. administrators or assigns„ the principal sum of.$ $0 , G GG . GG ~I.
<br />payable asfouowe,tawit: Promissory -note of this date' for $$O,OflO @ 15~ interest'
<br />payable at $5,000 principal: plus interest on.March'l, 19$3, 19$4, 1985,
<br />and 196, Balloon patpment of $60,,000 plus interest due March 1, =9~7.
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<br />~~ with interest acroarding tothe. tenor snot effecK of themortgagors.written promissory note bearingeven date with thek~ prc,.enrs
<br />artd shall payalltaxes audassessments levied upon ~-aidreal estate;:and allotticr ta:es.leviee andassessmentslevicd ulx~n .his '
<br />! mortgage or the nato'which this mortgage-}s given to seivre, before the same btx;crmes delinquent, and keep the buildings on
<br />said premises insured for'the sumo[ S loss,if any, payable to the said mortgagee, tk~en these presents '~
<br />;i C to be void, otherwise tohe and .remain infull force.
<br />IT I9 FURTHER AGREED (ij That if the said mortgagacshalh Lail to pay such. taxes or procure such insurance, the ~. '.
<br />said mortgagee .may paysuch taxesand procure suclx insurance; and the sum so advanced, with:.inLeresl ac per
<br />i ;
<br />~~ j cent, shalt be repaid by said mortgagor, and thismortgage'shail stand assecur}ty Lor the'same. (2).. That a failure to pay any
<br />? of said money,. either principal or interest, when the same beeGmes due, or a failure to cum ply with any of the foregoing
<br />agreements, shall cause the whole Bum of money herein secured to become due sod collectible at once al the option of the '.
<br />.;! ~ mortgagee. -:,
<br />signed this 13th say of September is X32 r,
<br />In presence of ...'"~.. ,i' ~ 1 '"
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<br />STATE OF ....N.ebraska ............ . Councy of ..... Hald. _ - - .............. !
<br />~ The foregoing ittstrument was acknowledged before me ....Sept.~mb~r _ 13,, Ig ~2
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<br />'! ~ by -.Philip--D...Lowry..and Z~laxine T. Lowry.
<br />i(
<br />I ~ ~ r--
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<br />~~'~^`""'~g'~"'ta Signature of e son Taking :4cknowledgment
<br />1 o~E w wAHrnaxr~
<br />wr....ertr.-n.t~r-
<br />{ .~._ _ ~9t.1T'J ... ..... .. ...................... .
<br />i ,
<br />Title
<br />I
<br />~i i .STATE OF ......._- ......._ ._.__.._
<br />-- Entered ~n ^omerical index and filed {or rcx:ord
<br />-_ Ctiunty ._- -.--_- -_-__._-_ ..._______ __._ in the Register >f Deeds Office of raid County the
<br />-; I .--___.._..._..__day of.__....-,.._. __........__. __......, 19 __.._., at ..-.......... .__-. o'clxk and__. _.. ....:. :.-:minutes _.. ._._.....1-f., ~'~.
<br />'; am} reco rdvd in }3ook_.. _.... __.__.- _-el.... -__ ....... .. ....:....at page............ ...._.. _.....:.... ~-
<br />Hy.._... _ _ _.....I~E~ut_~
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