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<br />-56~k7!!~Cz RE#L £3TJiTE AMt7R7fsA+a E~-W;t~w Tsx Lxr3sa - _ _ -.- r~~--..,-.
<br />~~-- ~."'~'. p ~ ~ :~ i{.~~i(3~ .~t~ ~,:~i BY Tfi~S~..~RFS,~~t'&~,
<br />THAT I or if E, Wiiiiam S. Sthuertgann and Gail L. Scht?-r,=ann, Husband and ;fife,
<br />of Hali County axd State of ?rebrasxa , in consideration of the sum of
<br />--------_Seven Thousand Tyro Hundred and Na/100 ($7,200.003 ---------------- DOLLARS
<br />in hand paid, do hereby SELL and CONY'EY unto L. G. Throop and Dorothy Throop, Husband and
<br />Wife,
<br />!mortgagee),
<br />of HaII County, aad State o± Nebraska ,the foilow~ir::, destrsbed premises
<br />situated in Hall Cotrntk, and State of Nebraska to-u%t:
<br />A tract of land comprising a Part of the 'iarthweat Quarter of the Southwest Quarter
<br />(;iW'zS~) of Section Twenty-one (21), in Township Eieven (11) Nortn, Range Nine (9) nest
<br />of the 6th P.M., more particuiarlq described as follows: Beginning at a point on the
<br />East Line of said Nr.~4SWti, said point being Seven Hundred Fifty-seven and Four Tenths
<br />(757.4)Feet South of the Northeast Corner of said NW;SW's as now located; thence deflect-
<br />ing right 90°00' and running West a distance of Two Hundred Thirty (230) Feet; thence
<br />running South and parallel to the East Line of said NW%SW;, a distance of Two Hundred
<br />Fifty-nine and Fifty-five Hundredths (259.55) Feet; thence deflecting left 94°00' and
<br />running East Two Hundred Thirty (230;0) Feet to a point on the East Line of said NF13ySW~;
<br />thence running North along said East line, a distance of Two Hundred Fifty-nine and
<br />Fifty-five Rundredths (259.55) Feet to the point of Beginning, and captaining 1.370
<br />Acres, more or less, subject to Road Right-of-Way along and upon the East Sdge of said
<br />Tract, Hall County, Nebraska; except therefrom a Tract of ground mare particularly
<br />described in Warranty Deed recorded in Book 1.57 at Page k52, recorded in the Office
<br />of Register of Deeds of Hall County, Nebraska.
<br />The intention being to convey hereby an absolute title in fee simple including all the rights of homestead and dower.
<br />TO HAVE AND TO HOLD the premises above described, uzt{t all the appurtenances thereunto belonging unto
<br />the said mortgagee or mortgagees and to his, her ar their heirs and assigns, forever, provided aluxiys, and these pres-
<br />ents are upon the express condition that if the said mortgagor or mortgagors, his, her or their heirs, executors, admin-
<br />istrators or assigns shall pay ar cause to bz paid to the said rnorfgagee or mortgagees and to his, her ar thetr heirs, es-
<br />ecutors, admi:istrators or assigns, the sum of
<br />Seven Thousand Txo Hundred and No/100 ($7,200.00)------ Dollars, payable as follows, to-zcwt:
<br />$97.16 to be paid on June 1, 1979 and $97.15 to be paid on the first dap of
<br />each and every month thereafter until the principal and interest have been
<br />paid in full.
<br />with interest thereon at l0i per cent per annum, payable monthly 1r~D, according to the tenor and effect of
<br />the promissory note with interest coupons attached of said tLlortgagors, bearing even date zcdth t{tese pres-
<br />ents, and shall pay alt taxes and any interest on, or maturing installments of principal, due on any prior mortgage and
<br />assessments leviAd upon said real estate and all other taxes, lezdes and assessments /ezoed upon this mortgage ar the
<br />note which this mortgage is given to secure, before the same F,'ecornes delinquend and keep the buildings on said
<br />premises insured for the sum $ 60,000. , Ioss, if any, payable to sorb first mortgagees or this snartyagee, or both,
<br />then these presents be void, otherwise to be and remain in full farce.
<br />IT IS FURTHER AGREED (z) That if the said mortgagor shall fail to pay such taxes and suck interest on,
<br />or maturing installments of principal, due on any prior mortgage and procure such insurance, then this mortgagee may
<br />pay such taxes and such interest on, or maturing installments of principal, due on stack prior mortgage and procure
<br />such irtsuranee; and the sum so advanced with interest at nine per cent shalt be paid by said mortgagor, and this rnort-
<br />gagE shaft stand as security for the same. (z) That a failure to pay any of said money, either principal or interest on
<br />this or any prior mortgage, when the same becomes due or a failure to comply with an_y of the fare_going agreements,
<br />shall cause the whole suer of money herein secured to become due and rollectable at once at tke option of the most-
<br />gagee.
<br />IT IS FURTHER AGREED That said mortgagee, pending foreclosure of this mortgage and after decree and
<br />petoding slay thereon or dppeal therefrom axd pending sale of premises mortgaged, may pay such taxes and maturing
<br />interest or maturing installments of principal, an prior mortgages, procure such insurance and such sums shall be
<br />added to the amount due an decree and upon conftsmatio» of sale by the cortrt ordered taken out of proceeds of sale;
<br />or,"if redeemed during stay, appeal or sale, such amounts shall be collected the sarr:e as though it were a part of such
<br />decree.
<br />Signed this 23rd day of April , rq 79
<br />In Presence of
<br />~/ ,.s~,
<br />.. ......
<br />°* -
<br />~ 1 a~ S , uermann
<br />Gail L ,Sc~iu~ttnann
<br />
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