52-A--KERB. ESTATE MOSiTGAGE-(With Tar. Ciausej Bev. 9t3 Huftman and fetfon 8 Wolt, Walton, Ne. 68A61
<br />KNOVs~ :1f.L MF.N B~THESE PRESENTS: That LARRY D. COdFFIN AND MAE ELLA G(}FFIN,
<br />bus and. and wi e each individually rn his an her own right, an as
<br />Q~ouse of the at~erC~rnty, ana state of Nebraska , in consideration of the sum of
<br />Hazl
<br />ONE HEiiStDitEI3 'IHOLtSAND DpLLARS --___-______0100,000.00)----------- DOLLARS
<br />in hand paid, do hereby SELL and CONVEY unto BETTY J. COFFIN and DARWIN R, COFFIN,
<br />~L,77 fP arYd Ytt:sband, aa~ JOint tenant ~3
<br />a€ Ha11 CanrttY, State of - Nebraska the following describes premises sihtated
<br />in -Hall County, ana-state of Nebraska . to-,~zt:
<br />AlI of Lots Five (5), Six (6) and Seven (7), in Block Five {5},
<br />in Sauth Grand Island Addition to the City of Grand Isla~d, Hall
<br />County, Nebraska, subject to easements, restrictions, and rights
<br />of way of record; and
<br />All of Lots Four (4) and Five (5), in Black Eight {g), Rollints
<br />Addition to the City of Grand Island, Hall County; Nebraska, sub3ect
<br />to easements, restrictions and rights cf way of record.-
<br />The inter#ian being to convey hereby an absolute title in fee simple, including all the rights of homestead and dower.- --
<br />TES HAVE AND TO HOLD the premises above described, with all the appurtenances thereuntxe belonging, unto the said
<br />mortgagee(s) and to his, her or- their heirs and a~~ns i'urever, provided always, and these presents -era upon the expre~ -.
<br />condition that if the said martgagar(aj, his, her ar their heirs, executers, administrators rr assigns shall- pap- ar. caus0 to -be -
<br />paid to the ssid mortgages is), his, her or their heirs, executors, administrators or assigns, the principal sum of $100, ~}OQ . Off}
<br />payable as follows, to wit: - -
<br />Annual principal payments of $6,666.67 payable on March 1, 1979, arni on
<br />the first day of. March each year thereafter for fifteen (15) years, to -
<br />gether with interest at the-rate of ten (10) percent per annum on the
<br />unpaid principal balance computed from March 1, 1479 and payable on the
<br />same date as principal. The final payment of principal and interest
<br />unless soarer paid shall be March 1, 2994.
<br />with interest aa~rding Go the tenor and ~ffeM of the mortgagors written promissory nuts bearing even date with these presents
<br />and shall pay all lases and asses:~snents levied upon said real estate, and a[l ether-t;ses, levies. and assessments levied upon this
<br />mortgage ar the rate 'which this mortgage is given u> secure, before the same beeames delinquent, ar:d-keep the betildiags
<br />said premises insured for the >um of ~ - - ,loss, if arey, payable tss the said mortgagee, they these-presents
<br />to be void, otherwise to be and remain in full force. - -
<br />rr lS FURTHER AGREED (!; That if the said msxtgagar shah #ax1 to pay such taxes or procure such insurance, the
<br />said mortgagee neat' pac such rases and procure such insurance: and the sum so advanced, with interest-at eleven per
<br />cent, shall be repaid by said mortgagor, and this morfgags shah stand as security fur the same. (2j That a failure-to pay anp,
<br />of said money, either principal or interest, when the same becomes due, or a failure G: comply with any of the foregoing
<br />agreements, shall ca=,:ss the whole sum of money herein secured to b~cme due and rAllec~ bin at once at flee option of the-
<br />merrtgagee.
<br />signed this ~~ say of February , Is 79 ~, j
<br />._. _ h t _
<br />In presence of
<br />Lrry D~ _gffiz~ ---.._......,.
<br />_.,. __._._ Ma~I1a ~fin_.~,~, .
<br />fE
<br />---
<br />ATE OF .... E RASA ..... . . ....... Count_r• of .......Ha.l l................
<br />The foregoutg instrtunent was acknowledged before foe ..... February.... / .....19 _.79
<br />~~ ,.,Larry_.D. •Goffin and Mae Ella Coffin.
<br />-f4lRlpff •~IRMlhit~ $ign~Gure of Person Tak:ug Aekaowleilglnent
<br />U!1l1flE A.
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<br />f~`A' fJi~ ._.__...~ .....:........... ._..~......_ °----..~~ Entered oa numerical ibex and bled £ar racard
<br />Caust~* ._ ~:,,:,.~.: ..,..~..: ...:.,.:- -----;-• 1 x..-iu the Regi®tear of Deeds Office of satd-County the
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<br />..._ :...........:........._.._ ...... _.....- •---_............Reg. of Deeds
<br />. , , , ..:NotarY:.~uhlie.... .
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