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<br />tS3-A-REAL E3TATE MORTGAGE-With Tax Clause (Revised 1962) The tiu8man General Suppty House, Liacots, Nebr.
<br />ern . , . n ~ !1 it ~_-._
<br />KNOW ALL MEN BY THESE PRESENTS:'PHAT James S. Reed and Precious Reed, husband and
<br />wife; and James D. Roth and Donna F. Roth, husband and wife
<br />(t~iortgagor }
<br />of Hdll County, and State of Nebraska , in consideration of the sum of
<br />Thirty Thousand and na/I00------------------------------(530,000.001--°------- DOLLARS
<br />in hand pabf, do hereby SELL and CONVEY unto Commercial National Sank & Trust Company
<br />(Mortgagee )
<br />of Hall County, and State of Nebraska the followutg described premises
<br />situated in Hall County, and Stara of Nebraska to-wit:
<br />tat Forty-five (45), 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 any method whatsoever, the entire
<br />' principal sum and accrued interest shall at once become due and payable at the electior
<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 inteatian being to convey hereby sr. absolute title in fee simple including all the rights of homestead and dower.
<br />TQ HAVE AND TO HOLD the premises above described, a-it}t all the appurtenances thereunto belonging unto the
<br />said mortgagee and to its heirs and assigns, forever, Provided always, and these presents are upon ttte express
<br />condition that if the aforesaid mcrtgagars their heirs, executors, administrators or assigns shat] pay or faux to be
<br />paid m the said trmrt, ogee its heirs, executors, administrators or assigns, the sum of Thirty ThOUSand and
<br />noj100---------------------------------------- ($30, 000.00) ----Dollarx, payable as follows. to-wit:
<br />Entire principal and accrued D,ttars on the day of 19
<br />interest due and payable Dn:lars on the 20th day of August iy79
<br />Dollars on the dap of 19
<br />DoLars on the day of 19
<br />Daltars an the da>• of 19
<br />with interest thereon at 12.5 per mot per annum, payable 8/20/79 aanuatly all aocotding to the tenor and effect d
<br />a certain promissory note of said James S. Reed and Precious Reed, husband and wife; and James D.
<br />Roth and Donna F. Roth, husband and wife
<br />bearing even date with these presents, and shall pap alt fazes and assessments levied upon said real estate, and all other fazes,
<br />levies axtd as+easmenta Icvied upon this mortgage or the note which this mor#gage is given to secure, before tare name becromce
<br />delinquent. and keep the buildings an saw premises insured for the sum of S N/A Ices, if any, payable to
<br />the said mortgagee, Then #hese present4 to be void, otherwise to be and reatain in ful! force.
<br />I'I' IS FURTHER AGREED (f) That if tlta said mortgagor shad fail to pay such tares of ptonax such insurance, the
<br />said mortgagee may pay such razes and prowre such ;r rarce: sad the sum so advanced, with interest at 12.5 per cent
<br />shall 6e paid by said mortgagor, and this mortgage shalt stand ss setvritc for the same. (2) That a fa0ure to pay any d
<br />money, either prinapal ar interest when the same becomes due, or a failure to cosnpiy with nay d the foregoing agreemeat0.
<br />shall cage She whale s,mt of money heroin secured to beccune due and collectible at once at the option o[ the mortgagee.
<br />timed this 22nd day at May 1979 ,,..,
<br />In presence nt ~"`.~.~~-'
<br />_ _ f :~ s 5. ee
<br />y st
<br />J
<br />__.__. _ ___........_. _._......-..._.. _ - __ mot; t')".,'~'S_ 'a }~%c>~-F-
<br />---- - _- -Donna `~`_ -'Ro£fi - - -
<br />d/bja DeVille Hues, Inc.
<br />3T$TE OF-_.__-°---Nr_bzaska.----------_--_-. County of__.-----Hall _-------------._..._:
<br />Hdo3e me, a notary public' qualified far said county, personally tune James S. Reed and Precious Reed,
<br />hnshaad sad-wife; and James D, Roth and Donna F. Roth, hushartd and wife
<br />kaoxa to ~ Sa l:e ihe~" ~~ta+ed the foregoing irtatrttmertt and ttcimawledged ttte ezerttion
<br />Bred to be ~, her orc tlsair
<br />.,
<br />PTitads my trend and ~ ~ ;.~ '-
<br />._... - - ----f=..,...__...-..-...w 18._..x. ..
<br />MY coaemiation espires.r..r .... _.._:~ -------..~_.-~_t-_--.:._?:_'.~.~::..'f5~--_......_..........Notsr'Y Public.
<br />$TRT$ C3F,_....._..~.._._.__~__._...~._w.__._._.. Eafered on atarferical index and filed for record
<br />as.
<br />Oaagtty •~._._...__._.._.._.._.___..._.--------._..._____ is the ttegieter of Deeds Office of said County the
<br />___-_._.~...~ay of..-__.._._,a_._..__.._~__.., 2$---_....., ai._...~..._........._....o'elcek sad ..............................minutes .---.--------_.._M.,
<br />sad reeaeded in Satrk.__---------.__._._..------.d-.----....___.._- -- .at page..._.-°.----.-..--
<br />.......-.Reg. of Deeds
<br />........................ _...Deputy
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