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53-A-REAL ESYATE MaRTGAGE-With Tax Clause {Revised 1962) 'i'he HuBmen General Supply Auuae, Limnin, Nebr.
<br />a+n ..,.Hann _ Y
<br />KNOt4'ALL MEN BY THESE PRESENTS: THAT James 5. Reed and Precious Reed, husband and
<br />wife; and James D. Roth and Donna F. Roth, husband and wife
<br />(Morfgagor }
<br />of Hall Cnunty, and State of Nebraska , in consideration of the sum of
<br />Thirty Thousand and no/100--------------------------------------(530,000.00)---DOLLARS
<br />in hand paid, do hereby SELL and CONVEY unto Commercial National Bank & Trust Company
<br />@mrtgagee )
<br />of Nall County. and State of Nebraska the follown_ng described premises
<br />situated in Hall County, and State of Nebraska to-wit:
<br />Lot Forty-Six (46), Potash Subdivision, Hall County, Nebraska.
<br />In the event the title to said real estate is transferred, or contracted to be trans-
<br />` farted, from the undersigned for any reason or by any method whatsoever, the entire
<br />principal sum and accrued interest shall at once become due and payable at the election
<br />of the holder hereof. Failure to exercise this option because of transfer of title
<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 wnvey hernhy an absolute title in fee simple including all the rights of homestead and dower.
<br />TO IIt4YE A1iD Tt~ HOLD the premises above described, wdth ali the appurtenances thereunto belonging unto $na
<br />saw mortgagee and to its heirs and assigns, forever, provided always, and these presents ate upon the ezpress
<br />mrdifioa that if the aforesaid mortgagors , their heirs, exeeutors, administrators or assigns shall pay or cause to be
<br />paid to the said mort, ogee its heirs, executors. administrators or assigns, the sum of Thirty Thousand
<br />and no/100---------------------------- ($30.000.00) ------------ Dollars, p~yahle as follows, to-wit:
<br />Entire principal and accrued Dollars on the day of , 19
<br />interest due and payable Dollars on the 20th day of August 1H79
<br />Dollars on the day of 19
<br />Dollars on the day of 1g
<br />I}nl3ars on the da;~ of Ig
<br />with interest thereon at 12. S per cent per annum, payable 8/20/79 annually all according to the terror and gifted of
<br />a certain promissory xtote of said James S_ Reed and Precious Reed, husba.-td and wife; and James D.
<br />Roth and Dcima F. Rath, husband and wife
<br />bearing even date xiih these presents, and shall pay all taxes and ~ nts levied upon said real emote, sod all other fazes,
<br />levies a~ asseramenu levied upon this mortgage or the note which this mortgage is given to secure, before the same becomes
<br />delinquent, and keep the buildings on said premises insured for the sum of $ N/A Ion, if any, payable to
<br />the said trrortgagee, then these Presents to be void. otherwise fo be and remain in full force.
<br />I'I' IS I:L~RTHER AGAEED {i} That if the saw mortgagor shall fail io pay such taxes or ptoatre such insurance, the
<br />acid mortgagee may pal' such fazes std procure such ~^~ >.~: and the sum so advanced, with interest at 12.5 per cent
<br />shall be paid by said mortgagor. and this mortgage shall stand as security for the same- {2} That a failure W pug say ~ said
<br />money, either prineipal or interest when the same become, due, or a failure to comply with any of the taregoiag agreements,
<br />shall pose the whole sum of money herein aectrrw~d to become due and collectible at Dace at the option of the mortgagee.
<br />SizrK.d this 22nd day of May 1g 79
<br />La preaerrce of ._ ....- ----r. ".` ._.....- ~-IS~C ~ -=~ ............._....-.....------
<br />r ame S~.-1z~ed -° -- ,
<br />'~ ~~
<br />.,
<br />.-... r. t ~' .. P1~Ci °-_ ~. .. .. .... .._
<br />;r
<br />r
<br />__ .
<br />-_ ~ n o rh
<br />djb/a DeVille Homes, Inc.
<br />STATE f?F-_---------_ .Dlehraska____----_, t_uuaxy oL __..---llall__._...------ .___:
<br />Bsiine ra, a notary ptebiic 4tralifted for said crnrnty, peraorulty came James S. Reed and Precious Reed,
<br />htistrat-d and James D. Roth and Donna F. Roth, husband and wife
<br />'; ~s ~ to be tlse dezrrttcal or p wed the foregoing instrtmtrnt r~ aciraowiedged *_he ezectttion
<br />'firsr*ef t<r be 3a~. bar or the;r°vatul' r acE ~ y r .
<br />Witme my hard and .: _.._ ...._: ....., 19:X~~..
<br />.. - .
<br />liy epmaaastmei ezprree-. --.'-,- .Y" .~h _..........r~~: -. ....;:_~"~ •~.•r.<_t./.-,.~--. Notary Public
<br />fSPA3'S OF`.-..-.......-»:.._....--_.._..___....._.._..-,-._-_ Entered on atrmeripl indez sad filed for record
<br />ss.
<br />t~aeaty __..__..___..--.-.._..___.---~.~_.r___~_.-. in the Register of Iknds Office of said County the it
<br />.__.:._.~ ~.._.-°--__._.-_.-._.-----~..~. 18-..___.-, at.___..._~_.-.o'eJoek and---.--._..._-...-----..--.minutes ......................M.,
<br />i
<br />~d reaoeded is So~c.-._.._.._._._-~..~.----,o#____......__._.__...........at pees..----°--------°°----°--°-_.-_ ~
<br />...--- .........................._....._-..__.._..............---.._..,.......Reg. of Deeds
<br />By .................._...-.._ - ° -._...-......._..._............_ - ........_....Deputy
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