|
,r
<br />52.A-REAL ESTATE MORTGAGE-(With Tax Clause) Rev. 7H
<br />Huffman and Felton & Wolf. Walton. Ne. 68461
<br />KNOW ALL MEN BY 'T'HESE PRESENTS: That MIDLAND BUILDERS, INC.
<br />of HALL Covnty, and State of NEBRASKA , in rnnsideration of the sum of
<br />FORTY-SEVEN THOUSAPID FIVE HUNDRED AND NO/100-----------------------DOLLARS
<br />in hand paid, do hereby SELL and CONVEY unto THE FIRST NA.TIONP.L BANK OF GRAND ISLAND
<br />o[ HALL County, State of NEBRASKA the following described premises situated
<br />in HALL County, and State of NEBRASKA , to-wit:
<br />79- uc~3~9~
<br />LOT TWO (2) 6~TEST BEL AIR FIFTH SUBDICIISION, IN THE CITY OF
<br />GRAND TSLAND, HALL COUNTY, NEBRASKA
<br />fine intention being to convey hereby an absolute title in fee simple, including all the rights of homestead and dower.
<br />TO HAVE AND TO HOLD the premises atwve described, with all the appurtenances thereunto belonging, unto the said
<br />tnorigagee(s} sad to his, her or thzir hzh~ and assigns forzve r, providzd al'way~, and these pnsznt srz upon the eapresa
<br />condition that if tine 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 $ Q7 , SOO.O
<br />payable as follows, to wit:
<br />PRINCIPAL AND INTEREST AT 11$ DUE AND PAYABLE ON DECEMBER 10, 1979
<br />with interest according to the tenor and effect of the mortgagors written promissory note bearing even date with these presents
<br />and shalt pay all taxes and assessments levied upon said real estate, and all other fazes, levies and assessments levied upon this
<br />mortgage or the note vrhich this mortgage is giren to secure, before the same bemmes delinquent, and keep the buildings on
<br />said premises insured for the sum of $ 47, 50O • OO ,loss, if any, payable to the said mortgagee, then these pr~enfs
<br />to be void, otherwise to be and remain in full torte.
<br />IT IS FURTHER AGREED (1) That if the said mortgagor shall fail to pay such razes or procure such insurance, the
<br />said mortgagee may pay such taxes and procure such insurance; and the sum so advanced, with interest at ELEVEN per
<br />cent, shall be repaid by said mortgagor, and this mortgage shall stand as security for the same. (2) That a failure to pay any
<br />of said money, either principal or interest, when the same becomes due, or a failure to comply with any o[ the foregoing
<br />agreement, shall cause the whole sum of money herein secured to became due and collectible at once at the option of the
<br />moctgagex.
<br />Signed tlvs 13 day of JUNE 1979
<br />In presence of MIDLAND BUILDERS, INC.
<br />__ -
<br />JI?S L• SEIM, PRESIDENT
<br />STATE QF ......NEBRASKA ...... - HALL ..............
<br />Gfij` ~~.......
<br />The foregoing instrttment was
<br />G
<br />by .,.IxM.Ia...$F~.~p!,..PRESI NT~~'
<br />CORPORATION, ON BEHALF ~ #~H~
<br />;,. ~:4y
<br />/'`~ .'oaf
<br />.~Q~
<br />"~
<br />MY COMMISSION EXPIRES 7-2-80
<br />.......JUNE.....13 .................1979...
<br />ILDERS, INC. A NEBRASKA
<br />.................... .. ..... ... .... ..... ......
<br />:ure of Person Taking Acknowledgment
<br />~ ~. ~'-..
<br />fir: ~'~~~~.~.'~-~..~.~.'~~
<br />. ............
<br />'NOTARY PUBLIC
<br />I3T~°(('E OF......-.--._._.......---......°--._._-._'--....__.. ~ Entered on numerical index and filed for record
<br />ss. in the Regreter of Deeds OtEoe of said l,aunty the
<br />"--°..-°----.~ ~..---....---_._._...._-_..._-..---..-. 19.......--.. at..-...._-------..__...._.o'clock and........._...._.---~-~---minut~ .-.._----.....---._~.,
<br />and recorded in Book....__.__---.-..-_.._..___.-..-of._....-....--......_..._....-.-.-... at page._....-.°.---.......---...._.......
<br />---.-_.._-.....-` ..............__......_......_...._......_...-..._......Reg. of Deeds
<br />BY.._..-... -- .........................._........_..............................Deputy
<br />Title
<br />
|