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<br />' CONSTRUCTION SECURITY AGREEMENT
<br />.. iT _. _Bt1MENi COA157Ii11TE5_.A CpNSIRU.ClI4N ~EGURITY-AGREEMENT UNDER THE,NE~RASKA CONSTR~1
<br />' S2=~~1E8TATE MORTGAGE-(Wlth Tax Clause) Rev. 19 Nuffman and Felton & Wolf, Wafton, Ne. 6&161 ~ ~~-
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<br />KNOW ALL MEN BY THESE PREBENTB: That Arnold C. Wenn and Linda C. Wenn, Husband
<br />and Wife
<br />of Hd 11 County, and State of Nebrd 5 kd , in mnafderation of the sum of
<br />THIRTY THOUSAND AND NO/100---------------------------------------------------- DOLLARS
<br />in hand-paid, do hereby SELL seed CONVEY nrtto the first National Bank of Grand Island,
<br />Grand Island, Nebraska
<br />of Hdl l County. State of Nebraska the following described promises situated
<br />in Hall County, and State of Nebraska . to-wit:
<br />0494 LOT SEVEN (7) IN BLOCK THREE (3), IN
<br />SOUTH GRAND ISLAND, IN THE CITY OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA.
<br />The intention being to convey hereby an absolute title in fee simple, including all the rights of homestead and dower.
<br />TO HAVE AND TO HOLD the premises shove described. with all the appurtenances thereunto belonging, unto the said
<br />mortgagees} and to his, her or their heirs and assigns Coreve r. provided always, and these presence are upon the express
<br />condition that if the said mortgagor(sj, his, her or their heirs. executors, administrators or assigns shall pay or cause to be
<br />paid to the said mortgageeis), his, her or Their heirs, executors. administrators or assigns, the principal sum of $ 3D,DDD. DD
<br />payable as follows, to wit:
<br />Principal Plus Accrued Interest At Rate of Fifteen
<br />And One-Ha7f Percent Due And Payable May 2, 1983.
<br />wink inieresf accontirtg to the tenor and effect of the mortgagors written promissory note bearing even date with these-presents
<br />and shall pay all taxes end assessments levied upon said reai esfate, and all other taxes, levies and assessments levied upon this
<br />mortgage o: the note which this rourtgage is given to secure. before Cne same becomes delinquent, and keep the buildings op
<br />said-Vremises insured for the sum of 5 3D,DDD. DD loss, if any, payable to the said mortgagee, [hen these presents
<br />to lie voW, otherwise :o be and remain in full force. -
<br />[T [S FURTHER AGREED (1} That tf the said mortgagor shall fail to pay such [axes or procure- such insurance, the
<br />said mortgagee may pay such taxes and peck Ure such insurance; and the sum so advam~td, with interest ak 15.50 per
<br />cent, shall be repaid by said mortgagor, and this mortgage shelf stabe as security for the same. (2) That a Failure W pay any
<br />of said money, either principal or interest, when the same becomes due, or a failure to comply with any of fhe foregoing
<br />agreements, shall cause the whole sum of money herein securod to F,ccome due and collectible at once at the option of the
<br />mortgagee.
<br />signed this 1st day of November is 82 f ~, ,% -
<br />f~ „
<br />__. In presence of ' !~.~. Wenn..._..
<br />~f , ;
<br />~~-Clnda C. WeTfn `
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<br />Si'ATE OF . N~ht: d5kd ................. .County of ..Hd l ,l......................
<br />The foregoing instrtunent was acknowledged before me .......... NAV.2t1}b£1' .1 ...............19 ..U2.
<br />by..:.Arttold.C..We ~pd~LMo~{ Wenn, Husband and Wife
<br />'/4t i COM1iMISStpM 'Olt
<br />t fJiplR~s - : Signature of Person Taking Acknowledgment
<br />My Commission p ~,~s:.~.%-~ ,
<br />,J~ G'st?1,, Notar Public
<br />~` ~ ........ y ............................. _....
<br />TRr~ ~~P Title
<br /># BTATS Ob' ................_._....-.-_._-...... ...:_.,......_._:......_ I Entered nn numerical rndez anti 61ed for record
<br />.. _.. I ~ in the Register of t)eeds ClETice of said Crnmty the
<br />Conagy ......_....._ ........,.___- --..-..,._......._......
<br />i ......_-..___....dey o[... __...__.._..._. ......-.- i9.__.... at ..... ..............._o'c)crck ar,d_.-_ .... ss..._.. ....-..Rf.,
<br />3.
<br />'. F- anEl te~C1,rAIed in Fioolt-. .__... _.._ ..... ......... Uf-._..._.. -._..__._. _. ._....%t pagC. _.., _.. .... ,... _........ ,... ;
<br />'( .................................. . _..._...............-..._ .... _..... Flag. of Doedsi
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<br />f3y ..... ........... .. _.. _.. .... _...._...._...- _....... - Deputy ;
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