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<br />53 A-REAL ESTATE ~MjORTGAGE-With Tax Clause (Revised 1962) 1"ne HuBman General Supply Horse Lusoln, Nehr.
<br />f-'Ta-Q'~"S~f~R~"' _
<br />KNOW ALL MEN BY THESE PRESENTS: THAT James S. Reed and Precious Reed, husband and
<br />wife, and James S. Reed and Donna F. Roth, husband and wife
<br />(Mortgagor )
<br />of Hall County, and State of Nebraska , in ecrttsideration of the sum of
<br />Thirty Thousand and no/100---------------------------------($30,000.00)--------fIOLLARS
<br />in hand paid, do hereby SELL and CONVEY unto Commercial National Bank & Trust Company, Grand
<br />Island, Nebrakka
<br />(Mortgagee )
<br />of Hall County, and State of Nebraska the following described premises
<br />aihra#ed in Hall County, and State of Nebraska to-wit:
<br />Lot Forty-three (43), Potash Subdivision, Hall County, Nebraska.
<br />In the event the title to said real estate is transferred, or contracted to be trans-
<br />ferred, from the undersigned far any reason or by any method whatsoever, the entire
<br />principal sum and accrued interest shall at once become due and payable at the elec-
<br />tion of theholder hereof. Faih[re to exercise this option because of transfer of title
<br />as above stated in one instance shall not constitute a waiver of the right to exercise
<br />the sa1~ in the event of any subsequent transfer.
<br />Tice iateniimt being to can:ey herein- an absnlute ti [le in tee simple including all the rights of b,xncstrad and dower.
<br />TO HAVE AND TO HOLD the premises abate descrvbed, w2tlt sIt the appurienstxrs thereunto belangitg unto the
<br />slid ~a~rtgtrger and to itS heirs and assigns. forever. Provided alvracs, and [Isere presents am upon the ezP~i
<br />rasndi[iosa tLst if the aforesasd mortgagor S their lseirs, exeruksrs, administrators or assigns shall t;a3' or cruse to be
<br />Pad ~ sire said art, rgee its hears, executors, adtninistcat:,rs .,r assi>;aa, the sum of Thirty Thousand
<br />aigi $o/1fl0------------_~_~_~_~_~~.__-($30.OOfl.00)--------Dnllazs.Fayableaslollowr,to•w;h
<br />Entire principal plus acuued Dollars r:a the da. of 19
<br />interest due arM3 payable Ibtlass on the 21st day ~xf June , ig 74
<br />Dollars on the dac o[ 19
<br />Ib3lars cup the dac of . 19
<br />Zh+llars ,m the da?~ of 19
<br />Leith interest the[em at12_5fl per cent per annum, payable 5/21J74 annually all az~o[ding to the tear aasd affect of
<br />a oerttaa promissory note of said Janes S. Reed 6 PreCiaus Reed, husband and wife, and James D.
<br />Rath s Ilot[tta F. Roth, hr-=•~•-rba and wife
<br />Lea~riruC a~w~en date wig tisese presents, and shall flay alf tares and aaaessmeertts kn'ied upcm said read eatatc. sad aid other tam,
<br />levies earl s>ae~eents Le+~xd upon this mortgage ar the trots which this tnortgaRe is 6'i+'en tea sacrzre, before Lire name beoao-ed
<br />ddisgmst, and keep the buiidirsty[c oa said premises insured for the sum of 5 NJA 1~, if any. paiyahle to
<br />doe sad > then these presents to 6e wxid. otherv.~se to be and rematn in fi[!l foxcr_
<br />I1" I.S £L3R3'tfER Afrf3E1'D {31 T4~at ire List said mortgagor shall fail to par such iatas or Procure sash insurance, tl~
<br />said ssortgs~se mr9 PrS' ~+ taxes and Frr<'arr sxrda nmrraaae; and the sum so fir,°anend, with interest at 12.5 par tort
<br />sAalf be Paid by arid mortgagor. sad the mortgage wall rased as eestsritr for the same. t-) That s failure m pay nary ~ and
<br />enortey, es4trer priacpai or interest when [hr same beouma 3a e, ar a failure so comply with any of the foregoing agreements,
<br />~ snare tLe whale sum ~ moaec heroin roasted to become due snd otlSectibdr itt acre ai the aPtion at the mortgagee.
<br />t>dis 23rd day d March . 19 79
<br />in P of t~g
<br />,.~ ~.' Js g~ - --
<br />,.. ~!., ~~vrIL°s ~ 4 P ~_'..._... ..... ~_ ~~ rye'
<br />v~° ss.
<br />......._
<br />I+12'IiTE t1F ._.__~~a~a Cssratg cf _--~~1 dl~~a.DeVille H-yes. Inc.
<br />` Ha~ee mq a ~r3 Pam asrali~sed fcu said rx~arty, ~• _assaliy terra; .lames S. Reed, 6 Precious Reed,
<br />~ add a~ rife, t Jatttt;s D_ Roth !Y Dtarrra F. Roth, husband and wife
<br />iuttsrrlt is flrlr td ae Ilse ideoricai ~f~ t ed the iustrt[raeat and ackrwwiedgad the esetntion
<br />IYtat~trf Ib #ro 1irL Let or tLac ~ c
<br />1l94rrsm ~ Lnard ttt~d s d~G~s~„~• ._. ,.__._~r,~19_~~._.
<br />i1~+almA+alRlimraeRPao= ., --°A ~ _. _ _ ...----.Notar} e~,at+lic,
<br />i~
<br />s ~~ ~',LT$ t3!' ._.._ -- Eateeed em namerinl inlet and fsl+srl for record ~
<br />~ ~ ~~ ~Itaab __.__.. _ _..~.~,,,_~¢rn the Regatar o[ Dsxds (lfire of said Cortnty fire
<br />,.
<br />~ eE_.._-.~__.~~,-.._.-. 19.__-._._. s~.~_..~_.~_..oela+i[ aad.._._-._._. _.----..-.minutes ---........._..--.M-•
<br />s ~ 3t need susssdsd a 1?lmstc
<br />_~~o[_-._.T._____.~~ pag~e_~~-----.__-----..__..._._ a
<br />___....._.._._..._._.__-.----.----- ...................._...._Reg. of Deeds
<br />~- -• -- ... ---- .._.._.._......__.._...._ ....__ Deputy
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