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52•A-REAL ESTATE MORTGAGE-(With Tax Glause) Rev. 7H Huffman and Felton & Wolf, Walton, Ne. 68461
<br />•~- uuf3haa
<br />ILNOW ALL MEN BY THESE PRESENTS: That CROSBY BUILDERS, INC.
<br />of HALL Covnty, and State of NEBRASKA , in consideration of the sum of
<br />FORTY-NINE THOUSAND NINE HUNDRED AND NO/100------------------------DOLLARS
<br />in hand paid, des 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 />I' L•OT ELEVEN {11), BISHOP HEIGHTS THIRD {3) SUBDIVISION, HALL
<br />COUNTY, NEBRASKA.
<br />( The intention being to convey hereby an absolute title in fee simple, including all the rights of homestead and dower.
<br />f TO HAVE AND TO HOLD fhe premises above described, with all the appurtenances thereunto belonging, unto the said
<br />i mortgagee(sj and [o his, her or their heirs and assigns forever, provided always, and these presents are upon [he ezpress
<br />1 condition that if the said mortgagor(s), his, her or their heirs, executors, administrators or assigns shall pay or cause to be
<br />paid to the said mortgagee(s), his, her or their heirs, executors, administrators or assigns, the principal sum of $ Q 9 , 900.00
<br />payable as follows, to wit:
<br />i„
<br />j PRINCIPAL & INTEREST AT 11$ DUE AND PAYABLE ON DECEMBER 10, 1979
<br />i
<br />I with interest according to the tenor and effect of the mortgagors written promissory note bearing even date with these presents
<br />and shall pay all fazes attd assessments levied upon said real estate, and all other fazes, levies and assessments levied upon this
<br />mortgage or the note which this mortgage is given to secure, before the same becomes delinquent, and keep the buildings on
<br />said premises insured far the sum of $ 49, 900.00 ,loss, if any, payable to the said mortgagee, then these presents
<br />_, ~ to be void, otherwise to be and remain in full force.
<br />tT IS FURTHER AGREED (1) That if the said mortgagor shall fail !a pay such fazes or procure such insurance, the
<br />' snid mortgagee may pay such taxes and pnxure such insurance; and the sum eo advanced, with interest at ELEVEN per
<br />. cent shalt be repaid by said mortgagor, and Lhis mortgage steal stand as security fot the xame. (2) That a failure to pay any
<br />~ said money, either principal or interesl, when the same becomes due, or a failure to coruply with any of the toregoiog
<br />- ' agrEerr~ats. snail cause Zbe whole sum of money herein securfd to become due and cvIle~cLble at once at the option of the
<br />' ~ mortgagee.
<br />Signed this 12 day of JUNE 19 79 .
<br />Ia presences of _ CROSBY .BLII.DER.S, ZZ~........ ----
<br />' ___.__..._ _.._.... .__....._. __. __. H1'_.~G~f~wG'lL....... ~ .... ....._---
<br />LORAN L. CROSBY, PRE DENT
<br />__-
<br />i STATE OF ........ tIE$Rn_S K1; _ . , _ . , , , , County of HALL
<br />.. ...........................
<br />t
<br />,,w.-
<br />~.
<br />The foregoing instruatent was ac~aps+~feft ore me ...........JUNE 12 .............19 ~9• .
<br />hy_.itQRJ°i.N._L-.,I.-~SBY~„PZti_~T(Q1~,SBY BUILDERS, INC. A NEBRASKA
<br />{ .t~tia c,y
<br />CORPORATION, ON BEHAL~Olr !Ti1i~Pt~I~'ZON.
<br />~ _
<br />u~ ~'t~`~f ~ ,~.' of Person Taking Ackjtowledgment
<br />'~ Title ~ ;' ~ _
<br />:j
<br />BTATB taF___
<br />~1- -`. ..-•--_------'- Entered on n ~ rice! indez and .51ed for record
<br />ie Coaaty ._._._~a.-._._-.__...-._----°----_--•... ss. in the Register of Deeds Mice of said County the
<br />________._ ..,dap oL_._..._._._..._..___.____._---_-., 19_-_-_.._..., at_--°---.._.......---..
<br />c . o'dock and.._--._.._,....._._...._minutes ..............---_.M.,
<br />(~ amd mxrrded in Book._.__-._.~_.~.._._...._.. of__.-..__.._...____...._.......ai page.._...---_...__..------.----•-----
<br />:,
<br />}; .....__...........Reg. of Deeds
<br />i~ _ ~ rod t~.........
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