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~,I 53-1ti~-RE',!!N~ E$T~JiIu'FE M~RTGA.GE-With lax Clause {Atevista$ 99b2) "i'k~ ,F[~iultwaua enoi ~uy~tyr Fiavee, Liaw3a, IlNerkr. <br />RN'oyJ ALL fufE'k~f BY '1HESE Pltf:sENTS: TI3AT Richard L. 'Hodtwalker and E:lizabet'h <br />A Hodttwalker, husband and Wife, each in his and 'tler own right. <br />(Mortgagor ) <br />of Merrick County, and state of Nebraska ~ in consideration of the sum e1 <br />Fort;,r three thousand & No/100-------------------------- -------- DoLLAtzs <br />in hand paid, do hereby SELL and CONVEX unto <br />Elba State Bank, a corporation <br />(Mortgagee ) <br />of HOWard County, and State of Nebraska the following described premises <br />situated in Hall County, ana state of Nebraska to-wit: <br />Lot twenty (20), Ross-Theasmeyer Subdivision. <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~~reCmises above described, with all the appurtenances thereunto belonging unto the <br />said mortgagee and to 1tS SandSaOssigns, forever, provided always, and these presents are upon the ezpreas <br />condition that if the aforesaid mortgagor their us gx ors administrators or assigns shall pay or cause to be <br />paid to the said wort,agee 1tS X1tE1il][ ~£1eb~S~s~rs orassi <br />gns, the sum of <br />Forty three thousand & No/100----------------------- ~11~. Aayable as follows, to-wit: <br />$43, 000, 00--------------- Dollars on the 29th day of October ~ 19 79 <br />Dolfars on the day of 19 <br />Dollars on the day of i9 <br />Dollars on the day of 19 <br />- TJallars on the day of 19 <br />with interest thereon at 1Q , 75 per cent per annum, payable semi annually all according to the tenor and e$ect of <br />acertain promssory note of said Richard L. Hodtwalker and Elizabeth A. Hodtwalker <br />bearing even date with these presents, and shall pay all taxes and assessments levied upon said real estate, and sit other fazes, <br />levies and assessments levied upon this mortgage or the note which this mortgage is given to secure, before the s~-ne becomes <br />delinquent, and keep the buildings on said premises insured for the sum of 3 5Q , QaO. aQ foss, if ary, paya~e t4 <br />the said mortgagee, then these presents to he void, otherwise to be and remain in full force. <br />IT IS FEJRTHER AGREED {t) That if the said mortgagor shall fail to pay such taxes or procure each lnsurnn~, the <br />said mortgagee may pay such taxes and procure suety insurance; and the sum so advanc€ct, with iatereat at per cent <br />aloft be paid by said mortgagor, and this mortgage shall stand as security for the same. {2) That a failure to pay any of said <br />money, either principal or interest when the same becomes due, or a failure to comply with any of the foregoing agreements, <br />shelf cause the whole sum of money herein secured to become due and ibis at once at the option of the mortgagee. <br />3igoed this 1st day of May is 9 . <br />In presence of ~ o . - .._ .......~~.t9.!..G.. ...-_.'t .............. <br />~~ <br />STATE OF........Ne~raska... ....._....__.. county of_ ....Howard,., _... <br />...._ ............... QYIYOAI tatwittt~t <br />Before me, a notary pebfic queli6ed for said county, personally came ~~' ~ <br />Richt~.rd L. Hodtwalker and Elizabeth A. Hodtwalker <br />ittiowa to-tae fo 6e the identical person or persons who signed the foregoing inatnrment and acknowledged the axecation <br />thereof to he hit, her or their voluntary aM and deed. <br />. ............. y9.7.9. . <br />Vtritnest mY hand and notarial seal on .............. May....~.t.......................... <br />My cmnmitaion aspires:...,.._Apr11...6.t ................ 19..~~.. .. ......... ..~ ....i:!2iNd';/•~"g/NOtary }?ublic. <br />S°PATB OF_.,._......_ ......................_......_........__......._.. ~ Entered on numerical index and filed for record <br />is the Register of Deeds O(Bce of said County the <br />Coonty ....._......__.-__-_._..---°-......._ ............................. <br />____..._._.._...day ot ......................................----..... 18............, st......-........................o'clock and................,....._....-minutes ..........._. ---°..M., <br />sad recorded in Book ......................._•-----°--------of__»..._.._.~._--------..._.._..at page.-.......__......._...----------•--°° <br />.....,._...._ .............._.......................................-.....-.....Reg. of IJeeds <br />By ............................................. _....... _..... _ _ -................... _..Denn tv <br />