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<br />- I 52~=-REAL ESTATE MORTGAGE-(With Tax Ctause) Rev. 7H
<br />~A(7
<br />- Y.- ^.. .
<br />Huffman and Felton & Wotl, Walton. Ne. 5846( ~
<br />KNOW ALL MEN BY THESE PRESENTS: That Randy L. Knott and Vera Mae Knott,
<br />each in his and her own right and as the spouse of each other,
<br />°f Hall County, and State o[ Nebraska
<br />in cor-sideration of the sum of
<br />Thirty-Four Thousand & no/100 -----($34,000.00}__________________DOLLARS
<br />in hand pmd, do hereby SELL and CONVEY unto
<br />Lyle E. Knott and Arlene M. Knott, as joint tenants,
<br />of Hall County, State of Nebraska the foliowing described premises situated
<br />~ in Hall County, and State °r Nebraska , t°-wit-.
<br />Lot Three (3) in Block Two (2) in Knott
<br />Subdivision in the City of Grand Island,
<br />Nebraska
<br />THIS IS A PURCHASE MONEY FIRST MORTGAGE
<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 T'O HOLD the premises above described. whir ail the appurtenances thereunto belonging, unto the said
<br />mortgagee(s) and to his, her or their heirs and assigns forever, provided always, and these presents are upon the express
<br />P .d:-tier. that if the ~ id (. ~rigag°r(si, his, her or Their heirs, ezecuts,r,<, sdministraLOrs ~~r assins shall PaY o,C 4CetksQ, So be.
<br />aid to the said mort agee s his. her or their heirs, executors, administrators or assigns, the princrpa! sum of $ 3 CJllU.00
<br />payable as follows, to wit:
<br />In $217.22 monthly amortizing payments commencing July 1, 1979,
<br />including interest at 7% per annum; on June 1, 1994 any
<br />remaining balance is forthwith due and payable.
<br />with interest according to the tenor and effect of the mortgagors written promissory note bearing even date with these presents
<br />and shall pap all taxes and assessments levied u}xsn said real e, cafe, and all other fazes, levies and sssessments levied upon this
<br />mnrigage or the no*_e-which this mortgage is given k, secure. before the same becomes delinquent, and keep the buildings on
<br />said premises insured for the sum of S )oss, if any, payable to the said mortgagee, then these presents
<br />to be void, otherwise to b= and remain in full force-
<br />IT IS FLIIiTHER AGREED (1) That if the said mortgagor shall fail to pay such taxes or procure such insurance, the
<br />said mortgagee may pay such taxes and procure such insurance; and the sum so advanced, with interest at per
<br />cent, shall be mpaid by said mortgagor, and this mortgage shall stand as secvrit~• for the same. (?) That a failure to pay any
<br />of said money, either principal or interest, when the same become; due, or a failure to camply with any of the foregoing
<br />agreements, shall cause the whole sum of money herein secured to become due and collectible at once at 4.he option of the
<br />mortgagee. T 7
<br />Signed this//1 day of J U J/t lY 9
<br />_lt y L. Knott
<br />-- - ,Vera- Mae Knott.._.__
<br />_..
<br />Nebraska Hali
<br />SPATE OF .............................Count}-af .. ...................:
<br />The foregoing instrument was acknowledged before me ... ./,L- ..............19~'~
<br />' j, . G;;~
<br />by _ Randy -L.. Knott. _and Vera Mae Knott. ~~~.~.~~•~ _•C,.••
<br />Si o etso Acknowledgment
<br />... . ...........................
<br />'Fia;>le
<br />STATE OF.__._._..-._.._...__..._._.._.._..___.-.°-_-'-.- } Entered on numerical rode: and filed for record
<br />t ss.
<br />Cpunty .__.-_....__........____.__..--•-...--.._.__.-.l in the Register of Dula 06tce of said County the
<br />.-°.----------~' of--°-------......--------•-----.._..., 19°-°_._., at--~----..__.....__._.....o'doek and..-----.. _ ...............minutes ..-.--................M.,
<br />a~ recorded in 13ooh._.-..--.....____._...._-.--of___ ---_ _ n. s,.e
<br />.. - __-.-......_ - . .................. _- .......................Reg. of Deeds
<br />13y.....-.-_......._ ....................._ _ ..... - ..Deputy
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