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<br />~,'*..~yi"RE,KL ESTATE MORTGAGE-(Y4Vitis Tax t;tauu} f Reviled t452j <br />Ttx 3istaasna {..szrn.l 6uYF+Y 33arsE~e. L',ila'~ol. - ?~~3,r- - ~~ <br />I <br />KNOW ALL fAF.N HY 'i'IIF'SE I'ftESE'v'TS: "f hat ROBERT J. OLSON AND MARY ANNE OLSON, <br />HUSBAND AND WZFE <br />of HALL County, and State of NEBRASKA . in consideration of the ~.tm of =- -- <br />SIXTY THOUSAND AND NO/100------------------------------------------DOLLARS; „ <br />in hand paid, do hereby SELL and t~NVEY unto THE- FIRST NATIONAL BANR OF 3RAND ISLAND <br />of <br />in <br />HALL County, State of NEBRASKA the following descn'bed premises situated r <br />HALL County, and State of NEBRASKA , to-wit: ! - <br />i <br />LOT TWENTY-NINE (29), BLOCK ONE (1), IN BREt~ITWOOD SUBDIVISION <br />IN THE CITY OF GRAND ISLAND, 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 HAY-E AND TO HOLD the premises above described, with all the appurtenances thereunto belonging, unto the said <br />mortgagee(s) and to his, her or their heirs and assigns forever, provided always, and these presents are upon the expr-eas <br />condition that if the said mortgagor(s), his, her or their heirs, executors, administrators or assigns shall pay or cause to be <br />paid io the said mortgagee(s), his, her or their heirs, executors, administrators or assigns, the principal sum of $ 6O, OOO.OC <br />payable as follows, to wit: <br />PRINCIPAL AND INTEREST AT 11$ DUE AND PAYABLE ON MAY 2, 1980. <br />with interest acrnrding to the tenor and e$ect of the mortgagors written promissory note bearing even date with these presents <br />and. shall pay all taxes and assessments levied upon said real estnte, and all other taxes, levies and assessments leti~ed upon this <br />mortgage or the note -which this mortgage is gsven to secure, before the same bernmes delinquent, and keep the buildings un <br />sail premises insured for the sum of $ 5O, OOO. OO ,lass, if any, payable W the said mortgagee, then these preseitta <br />to be void- otherwise to be and remain in full force. <br />IT IS FURTHER AG1tEED (Ij That if the said mortgagor shall fail to pay such taxes or procure such insurance, the <br />said mortgagee may pay such taxes and procure such insurance; and the sum so advanced, with interest at ELEVEN per <br />cent, shall be repaid by said mortgagor, and this mortgage shall stand as security for the same. (2} TAat a failure to pay any <br />of said money, eith¢r principal or interest, when the same becomes due, or a failure to comply with any o[ the foregoing <br />agreements, shall cause the whole sum o[ money herein secured to become due and collectible ai onco at the option of the <br />mortgagee. <br />Signed this 3 day of MAY 19 7 9 <br />In presence of <br />~~~ ~~~ <br />}~7 ..... <br />~' MARY ANNE OLSON <br />~~ STATE OF ....-... AlEBRASKA, ._. ~ Cou„i, of:.:, ,Y... - <br />~{ Before me, a notary public qualified for gbunty -pera <br />'' ROBERT J. OLSON AND MAR~AN~3F ~: ~I~J, AND AND WIFE <br />1{ tit <br />- - t - fGrovvrt- iv- mg to be the identical -petsort or s wir6°at~ed eT3~egoing instrument and acknowledged the ezecution <br />t~ ~ thereof W be his, her or their voluntary act ~~ <br />,~ ~ <br />Witness my-hand and-aotarta! seal on © .... ~ --:`1.~ ~ .........19...~~..._., , <br />? -.: Itdy c'Cn'tmfNetott_E.iprree ........ ........ ~..~ _. /,4t~t~r..;~..~,`'.L.f-.....r..L~::~~C":?3,::......Notary Publta <br />3TA'f'E ~i]F Entersd on numerical indez sad filed for record <br />~: County .. ~ ~' in the Register of Deeds Office of said County the <br />ti .. -..... ...~._.._ .. .. <br />t, <br />t~ ._..°-. d8Y of---~......°-----. ... 19..._......., at.._ ..................--°-.._o'elock and..........-............ ..minutes .. ............M., <br />1. .... <br />~t and xecorded to 8opk-......_,..._ ..,. of .-...,..._ .......................st gage..-..........._.........._.............. <br />~~ i <br /> <br />_.-.-.-._.-....-...-._ .......................----- -- ..-.F.ag. of Dc ds ; <br />----° .................................._...---.-........-.........._.......-...Deputy' '€ <br />