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<br />53-A-RE_AL-E#S-~T¢A-~T¢t~.,~M}.O}R T+G~AGE-With 7r!x Clause ,R~'++-~~~d t-:~..~ ,.. th~!i,n:m ,.~,,, ,,, y H,n,~.:, 7.;:u,dn. ^:••hr
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<br />K'.VQ4t' ALL ~fEN 13Y TIII_Sf, IHESF,'•TS ~la-t1C Howard S. Hinman and CdthP_Y'ine J. Hinmai;t,
<br />husband and wife,
<br />1 { ~~lortgaga•,r u ) .
<br />i c€ Hd11 C:.unty, and ;;=fate of Neb~Ya$kd ir'. cr,n-,;der lion ~,f Lre sum of
<br />Forty Thousand & No1100 ($40,000.00)-----------------•----------- 1~oLLARB
<br />in hsn,: paid, da hereby 3ELI. and t:OtiVL:Y unto
<br />Commercial National Bank & Trust Company
<br />fbfortgagee ) }
<br />of Hall County, aad State of Nebra Ska t'r,e fnllawing descrihd premises i
<br />situa±ed in Hall CauntS. and State of Nebraska :u-t-it: -
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<br />The Easterly Forty Nine (49') Feet of Lot Twelve (12)and the ~
<br />Pdesterly Thirty Five i35') Feet of Lot Eleven (11) in Hagges' a
<br />Subdivision of a Part of the Northeast Quarter of the Northwest
<br />Quarter {NE;NW4) and a part of the Northwest Quarter of the
<br />Northeast Quarter (NW~NE4} all in Section Twenty Eight {28),
<br />Township Eleven (11) North, Range Nine {9) West of the bth j
<br />P.rL, in Ha11 County, Nebraska. i
<br />In the event the title to said real estate is transferred, or contractec
<br />to be transferred, from the undersigned for any reason or by any method
<br />whatsoever, the entire principal sum and accrued interest shall at
<br />once become due and payable at the election of the holder hereof.
<br />Failure to exercise this option because of transfer of title as above
<br />stated in one instance shall not constitute a waiver of the right to
<br />exercise the same in the event of any subsequent transfer.
<br />The intention being to convey hereby an absah3te title in fee simple inrudin~ ail the rights of hrmestead and dower.
<br />7`O HAVE AIYD TO HOLI3 the premisev atxwe descnbcd, with all tlse apt>urtenanres thereunto belonging ante the
<br />said mortgagee and to .itS het±s and assigns, fureve r, provided always, and these presents are upon the eapresa
<br />condition that if the aforesaid mortgagor S, the].Zheirs, executers, adrninistratars ar assigns shalt pay or cause to be
<br />paid to Lhe said mort, ogee ].tS heir.:. execu'ors, adminsstrators or a=signs, the snm of Forty ThollSdnd &
<br />No/100 ($40,000.00)----------'__---_-_-_--_-°~__-__° I)oliars:Payableasfoifaws.to-wit:
<br />Three hundred eighty-six I~r;Il~r4ga-the ~~-°'` • '~"
<br />& no/100--------°-------- ~~llarsan the 5th day of January , 19 79
<br />w. rYr t-hc StM day of as , 7)n!!a-_ a*_r the day ~ - IS
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<br />m0. thereafter, llnt11 Dollars oa the day of I9
<br />1/5/87, at which time the Dal}ar~cnche dac.af 9
<br />entire rem6~ini~i~ pr'zn.~al.~ & ~.nt. Shall b~ue
<br />with irteresi thereon at 14.0 per cent per annum, paya empn 1 a~nw y a ~ aecor mg to t e tenor ect o~
<br />a certain promissory note of said
<br />Howard S. Hinman and Catherine O. Hinman, husband and wife,
<br />bearing even date with these presents. and shat! pay ail taxe.=, and e.~azssmer.~, lcs~rd up•~n said real estate, and all other tales,
<br />x Ti's a,-td ~^~nts ..vied - -.. this ...~•r~ ~- ~.: thg u,te x~I:i~-h ihr ._.~.-~-_.- - ~ ...- ±o =cure, before Lhe awe f~
<br />delinqusnt, arsd keep the buildings an said Iremises insured fe?r the sum ~f ~9-=12/an.. loan, is any, payable to
<br />the said mortgagee, then these presents W be void, otherwi.~ to be and re^~nin rn full farce.
<br />IT IS F`;?RTHF.R AGRF,ED i.i) That if the said mortgagor sF:aii Sao tc: pay such iaxe~ ar procure such iasurarx~, the
<br />said mortgagee may pay such taxes and procure such insurance: end the sum so a:3vanced, with intetrsT at 14. Qper teat
<br />si!ail be paid by said mortgagor, aarti this rrsortgage shal$ stand a» .Seen r=.ty far the same. (2} That a failure to ply any of said
<br />marray. either principal or interest when the seeps l)El'cme5 due, <,r a failure to :amply with any of the foregoing 8greemenfa,
<br />shall cause the whale sum of money herein secv rsti to become du:' and c:riie+:tibie at once at the option of the mortgagee_
<br />Signc~dthia 5th dayef December ,9 78
<br />In Presence of ~s'
<br />H~wa ~ S Hiil~an
<br />r... ._......
<br />v Catherine Q. hznman
<br />~.. ~'- ~~ ~5~-- - _ .. _ _ _ - -_ _ .. _ ....._.
<br />STATF,` t'1F......-._.._N2}J!1'aS3t3 .. ................... .. Caurty of,...-. .-Ha,11....,..........................:
<br />$efore me, a rmfary public qualified far said county, persanaiiY ear's
<br />'Howard S. Hinman and Catherine fl. Hinman, husband and wife,
<br />known to rase to be the identical ~,rBan or pC~iis~~ho-..51ti£ted the foregoing instrument and acknowledged the execution
<br />P,
<br />thereof to be ltis, hez or their anlWakmry sctigirdid. ;~,;};, ;.~? ~
<br />Witness my hared ond,Ci~yFa! ,,n.--.-~~lA~lSXstdr......}~~~r......~....... (19._78._.
<br />My commiaaion expires: S.ec:..~~.4.'-.--.... ~k`~9"~~~.=1 _...... -,p~-G~C,~f~s',..._-..Notary Ptrblic.
<br />uFATE f)P..._ .............._........_.......-°--~.._.......----....... j EnterEd oa numerical index and EIed for record
<br />1} ~" in the Register of Deeds 0f5ce of said C'.ourntq rho
<br />Cowtty ........._,_......_ .........................._....................
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<br />....__,......_.....-.dtLV af..._~ ............._--........................~ 19......._..., at.....,.-.._...--................o e~ocx and_......._...._._-...._...minut<~ ..-~----.............A4.,
<br />acrd recorded in $ook...........--•- . .......................af..-............---......................at t~Ba - --- - - ......._...... --.........
<br />..................................................._.......-....................Reg. of Deeda
<br />Hy .................. __......................._....._...... _............................Deputy
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