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<br />79--. Ut;~314
<br />REAL ESTATE MORTGAGE
<br />KNO{d ALL MEN BY THESE PRESENTS: That LARRY A. AND CAROL V. HILL (Mortgagor) of Hali
<br />County, and State of Nebraska, in consideration of the sum of TWWENTY THOUSAND AND NO/l00 ---
<br />DOLLARS in hand paid, do hereby SELL AND CONVEY unto the Gateway Bank & Trust Company of Lancaster
<br />County and State of Nebraska, the following described premises situated in Hall County, and
<br />State of Nebraska to-wit:
<br />Lot Twenty (20), Hidden Lakes Subdivision #2, Hail County, Grand Island, Nebraska_
<br />Thg intention being to convey hereby an absolute title in fee simple including all the rights
<br />of homestead and dower.
<br />TO HAVE AND TO HOLD the above described property, with all the appurtences thereunto
<br />belonging unto the said mortgagee and to its heirs and assigns, forever, provided always,
<br />and these presents are upon the express condition that if the aforesaid mortgagor their heirs,
<br />executors, administrators or assigns shall pay or cause to be paid to the said mortgagee, its
<br />heirs, executors, administrators, or assigns the sum of TWENTY THOUSAND AND NO/100--- DOLLARS,
<br />all according to the tenor and effect of a certain promissory note bearing even date with
<br />these presents, and continue to be, from time to time, security for the payment of any and
<br />ail extensions or renewals and successive extensions or renewals of said note, and shall pay
<br />all taxes and assessments levied upon said real estate, and all other taxes, levies, and assessment:
<br />levied upon this mortgage or the note which this mortgage is given to secure, before the same
<br />becomes delinquent, and keep the buildings on said premises insured for the sum of X20,000.00
<br />loss, if any, payable to the said mortgage then these presents to be void, otherwise to be
<br />and remain in full force.
<br />IT IS FURTHER AGREED (1) That if the said mortgagor shall fail to pay such taxes
<br />or procure such insurance, the said mortgage may pay such taxes and procure such insurance;
<br />and the sum so advanced, with interest at 11.0 per cent shall be paid by said mortgagor, and
<br />this mortgage shall stand as security for the same. (2) That a failure to pay any of said
<br />a~ney, either principal or interest when the same becomes due, or a failure to comply with
<br />any of the foregoing agreements, shall cause the whole sum of money herein secured to become
<br />due and collectible at once at the option of the mortgagee.
<br />Signed this l `~"~ day of . r 19 ~~
<br />~., ~ '~ ~~
<br />STATE OF NEBRASKA
<br />COUNTY OF LANCASTER
<br />Before me, a Notary Public,/qualifed for said county, personally came
<br />L;gr~.~ ~ ~} , cL., ~ L' a ~~ j ~/_ /~ ~ F/ known to me to be the identical person
<br />yr pars s o s~gne~t a orego~ng ins rumen an ac nowledged the execution thereof to be
<br />his, her, or their voluntary act and deed.
<br />Witness my hand and notarial seal on ~;11 l~'" ig 7%,
<br />~MrMt ~e~r~. R~'f41~~'~R~iL~~
<br />+N• ate. ~'~ ~
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