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<br /> 53%--REAL ESTATE MORTGA61H--Wkh Tax CtaU" The 112Hvm 0osrrnl &PPt1 tleear. Uwas. NOT.
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<br /> KNOW ALL MEN BY THESE PRESENTS `
<br /> THAT Mark E. Kersten and Rosanne M. nersten, Husband and Wife
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<br /> (.mortgagor )
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<br /> Of Hall County, and State of Nebraska in consideration of 'the sum of
<br /> i Twenty Five Thousand Six Hundred and no/100----- DOLLARS
<br /> + in hand paid, do hereby SELL and CONVEY unto Battle Creek State Bank I
<br /> ~ (dlOrtgngee ) i
<br /> of Madison Ccienty, and State of Nebraska the following described premises i
<br /> 1 situated in Mall County, and State of Nebraska to-~eit:
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<br /> Lots Two (2) and Three (3), in Block Pour (4), in the First Addition
<br /> to Cairo, Hall County, Nebraska
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<br /> 1 The intention being to convey hereby an absolute title in tree simple including all the rights of homestead and do-wer.
<br /> TO HAVE AND TO HOLD the premises above described, cvilh all the appurtenances thereunto belonging
<br /> unto the said mortgagooe and to its heirs and assigns, forever, provided always, and these presents are upon
<br /> the express condition that if the aforesaid mortgagor their heirs, executors, administrators or assigns shall
<br /> pay or cause to be paid to the said mortgagee , its heirs, executors, administrators or assigns, the suns of
<br /> Twenty Five Thousand Six Hundred and no/100--------- Dollars, payable as follows, to-suit:
<br /> i$290.00 payable on 15 of eacl allars on the day of tq
<br /> Imonth beginning 2/15/84 for Dollars on the day of rq
<br /> X59 payments and one final Dollars on the day of rg
<br /> payment due 1/15/1989 of Dollars on the day of sq
<br /> 1$24,441.32 Dollars on the day of ,rq
<br /> with interest thereon at 12. 75 per cent per annum, payable monthly=X)1$PWl1 according to the tenor and effect
<br /> j of a certain promissory note of said Mark E. Kersten and Rosanne M. Kersten II
<br /> bearing even date with these presents; and shall pay all taxes and assessments levied upon said real estate, and all other
<br /> taxes, levies and assessments levied upon this mortgage or the note which this mortgage is given to secure, brf,. re llte
<br /> same becomes delinquent, and keep the buildings on said premises insured for the suit of $ 25, 600. 00
<br /> j loss, if any, payable to the said mortgagee, then these present.; to be void, otherwise to be and remain in full force.
<br /> IT IS FURTHER AGREED (s) That if the said mortgagor shall fail to pay such taxes or procure such
<br /> insurance, the said mortgagee may pay such taxes and procure such insurance; and the rune so advanced, with interest
<br /> at 16 per cent shall be paid by said mortgagor, and this mortgage shall stand as security for the same. (a) That
<br /> a failure to pay any of said money, either principal or interest when the same becomes due, or a failure to comply rchth
<br /> any of the foregoing agreements, shall cause the whole sum of money herein secured to become due and collectible
<br /> } at once at the option of the mortgagee.
<br /> ! Signed this I day of Gc?T G~ A? c , sq
<br /> lit presence of
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