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<br />r 52-A---HEAL. ESTATE MORTGAGE-(With Tax Ciateee) (Revistd t9fi2) Tna Hu&mn Gewr~l Bupply House, Lrucnln, Nenr. {
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<br />~ KNOW ALL MEN BY THESE PRESENTS: That John K. S. Dhillon and Susan H. A. Dhillon, Husbat
<br />and Wife., each individually in his and her own right and as spouse of the other,
<br />of Ha11 County, aad State of Nebraska , irc consideration of rho aum of
<br />ONE HUNDREI} SEVENTY-ONE THOUSAND AND NO/100-°--------------------------------- DOLLARS
<br />fa hand paid, do horehy SELL and CO1V4):"Y unto The First National Bank of Grand Island,
<br />- of hail _ County. State of Nebraska _ the following described premises sifuaEed
<br />~;~ Hall. Ccsu.dy, aad State of Nebraska . to-wit:
<br />Lots Sixteen (16), Sevettteen {i7), Eighteen (18}, Nineteen (19?,
<br />in Block Three (3), in Southern Acres Addition, to the City of
<br />Grand Island; Nebraska.
<br />The intention being to ttrnvey bereiry an absolute title in fee simple, inc3udirg all the rights of homestead and dower. fir
<br />TO HAVE AND TO HOLD the premises above described, with art the appurtenances thereunto belongiag, ante the said ~ ~~
<br />mortgagee{s) and to h'ss, her or their heirs and assigns forever, provided always, aad these presents- are upon Ehe express-~ ~
<br />rendition that if fhe said mortgagor(s), his, her or their heirs, executors, administrators or assigns shall pay ar cause ta~ 6e-~ is
<br />paid to the said mortgagee(s), his, her or their heirs, excrvtors, administrator? or assigns, the prvscipal soar of $ 171,£300.00 )- _ i'
<br />payable as follows, to wit: ~ ~ _?`
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<br />Principal paytaent of $171,000.00, plus accrued interest, due on November 29, 1979. $¢~ ',
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<br />till t°
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<br />with interest actorduig to the tenor and effect of the mortgagors wriiEen promissory note bearing even date with Ehese presents :~
<br />and shall pay all taxes and assessm~~~ts levied upon said reef estate, and a4 other takes, levies anc vesaments-levied upon. Ehts ~ ..,
<br />mortgage ar the note 'which this mortgage is given to secure, before the same becomes delinquent, and-keep the buifdiags-on ~-- ~f-
<br />safd.Aremtses insured for tfre sum of S 171,400,00 ,loss, if any. Payatfte to the said mortgagee, then these presents 1, ~~
<br />tv be void, othe,~wise to he and remain in fiiD fo^ce. - -
<br />IT IS FI;RTHER AGREED (1) That i€ the said mortgagor shall fail to pay such taw or pmeure such in~trancc, the f- if
<br />said mortgagee may pay sv.^t1 taxes and procure sorb insurance; and the sum so advanced, with interest aE 11% per-~ ~1
<br />cent, shalt he repaid by said mortgagor, and this mortgage shalt stand as sec_--tt,~ for the same. (2) Thai a failure to pay any #~
<br />of Lsid many, eithze prir.tipal or interest, whcx the same `vacoiaea- due, ar a faiiare to comply with any of iha foregaurg __ FS
<br />agreemaats, shall tease the whsle Sam of money herein secured to became due and collectible at once at the option of the
<br />mortgagee. r -'"`-~ - i
<br />Signed-this 29th day of November 29 78 _ ~
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<br />In presence o€ ~ ~ ~ t~~ 1;~
<br />o ~ ~ >5~ix
<br />............_......... ._.....__ ...... ........ Sh~~ ~ - - ~F~
<br />. .... --Susan H. A. Dhillan .
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<br />j [,P`' .;.::braska .._........ , Ct>anEy of .... .Hall ....._ . _...._...
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<br />rr v `lrk.for Me taitd~a ~vblic quaiiff~d for slid county, personally cauue ..
<br />John K. S . Dhillon and t~
<br />~` r ;' ~ rF Susan fir A. Dhillon ~~
<br />~r~w7i to me fv ~ tlltd' idetttitaf parson or parsons ^svho signed the foregoing inatrumedt and atlmowledge+l_ the exacntton
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<br />~the{,c~( to r,e i ker their vofttritary-act and-deed.
<br />,~UPtcAQ~' fag ~ ncifarsl;seal on rtov "`er 2
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<br />' S`1'itTlft`.QF 5jf~7.ralSli~..
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<br />~nlered on ntttneritml:ttrlea aad Sled for moord i
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<br />' Goancy '~ ..................._.. __ ,
<br />in the Kagister.of Death C3ffice of sand County-the }
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<br />' ~ .._._ ..:..:,.. .....,`.. ' .........._............Reg. of Deeds ~ ?
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