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L GAGE-(With Tax Clause) ('Itvised 1962) 'flee HuQanun Cewral avnply House, Lincoln, Netr. 1 ;'
<br />KNOW ALL MEN BY TI-IESE PRESENTS: That KENNETH E. KUEHNER, SR, AND
<br />ROBERTA F. KUEHNER, HUSBAND AND WIFE
<br />of ~I,L County, and State o[ NEBRASKA , in consideration of the sum of
<br />SIXTY-T190 fiHOUSAND AND NO/100-------------------------------------DOLLa~I
<br />in hand paid, do hereby SELL and CONVEY unto THE FIRST NATIONAL BANK OF GRAND ISLAND
<br />of HALL County, State of NEBRASKA the following described premises situated
<br />in HALL County, and State of NEBRASKA , to-wit:
<br />LOT ELEVEN (11) IN BLOCK THREE {3) IN COLONIAL ESTATES SUBDIVISION,
<br />CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA
<br />The intenAon being to convey hemby an absolute title in foe simple, including all the rights of homestead and dower.
<br />TO HAVE A\D TO HOLD the premises shove described, with all the appurtenances thereunto belonging, unto the said
<br />mortgagee{s) and to hi, her or their heirs and assigns forever, provided always, and these presents are upon the express
<br />arndition that it the said mortgagor(s1. his, her or their heirs, executors-, administrators or assigns shall pay or cruse to be
<br />paid to the said mortgagee(s), his, her or their heirs, executors, administrators or assigns, the principal sum of $ 62 , Q QQ . QQ
<br />pa3'ahle a. fellows, ti, wit:
<br />PRINCIPAL AND INTEREST P.T 11~ DUE AND PAYABLE OCTOBER 27, 1979
<br />with interest accoxding to the tenor and effect of the mortgagors written promissory note bearing earn date wish these presents
<br />and shall pay ail taxes and assessments levied upon said real estate, and all other taxes, levies and assessments levied upon this
<br />mortgage or the ncte -which this mortgage is given to secure, before the carne becomes delinqueat, and keep the txtiidings an
<br />said premises iru-ured for the sum of S G2, OQQ. QQ ,loss, if any, payable to the said mortgagee, then these presents
<br />to Zie void. cther~ise to be and ri-main in full fcrre.
<br />IT IS F[7RTHER AGREED {1) That if the said mortgagor shall fail to pay such taxes or pnoctrre such insurance, the
<br />said mortgagee rosy pay such taxes and procure such insurance: and the sum so advanced, with interest at ELEVEI3 per
<br />cent, shall be repaid by said mortgagor, and this mortgage shall stand as security for the same. (2) That a faHure to pay aqy
<br />of said money, either principal or interest. when the same bscames due, ar a failure to tnmph with any of the foregoing
<br />agreements, shalt cause Lhe whale sum of money herein secured to become due and mi]eruble at Dace at the option rrf the
<br />mortgagee.
<br />signed this 2 $ day of jjAY 19 9
<br />_In presence of ..._S-~..'.
<br />KENNETH E..~. R, SR.
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<br />in the Register of-Deeds Ot11ice of said County the
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