|
<br />53ye,7AREAL ESTATE MnRTGAGE-With lax Claux (Revised 1962) The 8u8men Ceaeral Supply Hwee, Luxwtn. Nebr.
<br />KNOW ALL 1v1EN BY THESE PRESENTS: THAT James 5. Reed and Precious Reed, husband and
<br />wife, and James S. Roth and Donna F. Roth, husband and wife
<br />(Mortgagor )
<br />of Hall County, and State of Nebraska , in consideration of the sum of
<br />Thirty thousand and no/100---------------------------------($30,000.00)-------DOLLARS
<br />in hand paid, do hereby SELL and CONVEY unto Commercial National Bank & Trust Co.
<br />(Mortgagee )
<br />of Hdll County, and State of Nebraska the following described premises
<br />situated in gall County, and State of Nebrakka to-wit:
<br />Lot Forty-seven (47), 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 for any reason or by a:ry method whatsoever, the entire
<br />principal sum and accrued interest shall at once become due and payable at the elec-
<br />tion of the holder hereof. Failure to exercise this option because of transfer of titlt
<br />as above stated in one instance shall not constitute a waiver of the right to exercise
<br />the same in the event of any subsequent transfer.
<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 TD HOLD the premises above described, with all the appurtenacczs thereunto belonging unto the
<br />saw mortgagee and to itS heirs and assigns, forever, provided always, and these presents are upon the ezpre~
<br />coaditicu± that if the aforesaid mortgago€ their heirs, ezecutors, administrators or assigns shall pay of cause to be
<br />paw to the said mort, ages its heirs, executors, administrators or assigns, the sum of Thirty thousand
<br />and no/100---------------------------- ($30, 000.00) -°---------- Dollars, payable as follows, to-wit:
<br />Satire yzincipal plus accrued Dollars on the day of , 19
<br />interest r_+te artd payable Dollars on the 6tix day of July , 19 79
<br />Dollars on xhe day of I9
<br />Dollars an Lhe day of 19
<br />Dollars on the day of 19
<br />with interest thereon a: 12.50 per cent per ann.rm, payable 7/6/79 annually all according ¢o the tenor and effed of
<br />a certain ptomi~ory note ei said James S. Reed fi Precious Reed, husband and wife , and James
<br />D. Roth and Donna F. Roth, husband and wife
<br />bearing even date with these presents, and shall pay all fazes a~ AQ~nents levied upon said real estate, std all other lazes,
<br />levies std :sa°° ntB levied upon this mortgage or the note whidr this moRgage is given to secure, before the same bec~tas
<br />delinquent, and keep the buildings on said premises insured for the sum of $ N/A lose, if say, payable fo
<br />the said mortgagee, then these presence fin 6e void. otherwise to be and remain is full force.
<br />TT IS FURTHER AGREED (1) That if the said mortgagor shall fai! to pay such taz~ or ptonrrc such insurances, the
<br />said mortgagee may Pay such fazes ar~d procure such insurance; and the sum so advanced, with interest at 12.5 per c®t
<br />shall be paw by said mortgagor, and this mortgage shall stead as security tot the same. (2} That s failure to pay any of said
<br />motxy, either priaapal or intemst when the same becomes due, or a failure to comply with any of the foregoing agreements,
<br />shall cause the whole sum of mosey herein secured to became due and cdtecti at once at the option of the mortgagee.
<br />Signed this 26th day of April I~'~
<br />In presence of
<br />/
<br />g
<br />"
<br />i flE~ ~
<br />A
<br />+t
<br />//
<br />~ - ,Mmes D, Roth,,
<br /> Donna F. Rot
<br />
<br />3TA1E OF_------_1tlBbZit5$a...- d/bja DeVille Homes, Inc.
<br />.._-...-----.-.-. _. County of...... hal-~----°--.----- --..--:
<br />Bdote me, a notary Public q uatiSed for said county, personally came James S, Reed and Precious Reed,
<br />husband and wife, and Jame& D. Roth and Donna F, Roth, husband and wife
<br />.known io tae m be the ideatial perssa or perbotra who agned the foregoing instntmeat and aclcnawledged the ezecution
<br />ttsetaot ;o ire his. her or their vatt tntat ad std deed.
<br />
<br />Vlritnasa my !~ r
<br />
<br />~._._ .
<br />* ,t.~_.,.~(sa......__.,. ~.., 19...~ ~-....
<br />Itiy camsmiasiae ..__._. ..__ ...,~.~s,.:a~:.-...-.._......._Notary Pvbli::.
<br />f3TATE OF.__...._.....,..-.._..__..-.-^-..._-...,._........- Entered ort numerical irdez and filed for record
<br />t`mets ._..__....._-.__........._...__---....._~..-.__.---.--__---~~ in the Register of Deeds 0f6ce of said County t~
<br />_...._....._.._._alay a[.._.._...__.------.--...-_-._...._....,.., 18.---.__.. at._..........---, ..._....a'dock and ....................._......minuf~ ......_......_..-...M.,
<br />and raootded in Boot-.,...---._.._.._._.._...._....._af....--.-.._..._.._._.._ ..............at page........._.......---.._......__._..,...
<br />- -- .................._ _., _......-.._...._ _.........,....Rcg. of Deeds
<br />By......_.... _. _.._ ....... _ ..................... - _. -- _.. __._..._....Daputy
<br />
|