<br />53-A-REAL ESTATE MORTGAGE-With Tax Clause (Revised 1962%
<br />The }tuIIman C sera: Supply Huu.~, Linmin, Nebr.
<br />KNOW ALL MEN BY THESE PRESENTS: THAT Thomas J. MCA loon and Audrey MCA loon, hiss- ~.
<br />band and wife, as joint tenants with right of survivorship, each in their own rights and '',
<br />as spouse of the other (Mortgagor ) ~'
<br />of Hall County, and State of Nebrask8 , in consideration of the sum of '.
<br />Fifty Thousand and no%100 ----------------------------------------------noLLARS
<br />in hand paid, do hereby SELL and CONVEI' unta Commercial National Bank & Trust Co.
<br />('mortgagee )
<br />of :Tall County, and State of Nebraska the following described pretnisea
<br />situated in Hall county, and state of Nebraska to-wit A 11 of Lot Two
<br />(2 ), in L-K Subdivision, in the City of Grand Island, Hall County, Dlebraska.
<br />In the event the title to said real estate is transferred, or contracted to be *.ransferred,
<br />from the undersaid for any reason or by any method whatsoever, tha entire principal
<br />sum and accrued interest shall at once become due and payable at the election of the
<br />holder hereof. Failure to exercise this option because of transfer of title as above
<br />stated in one instance shall not constitute a waiver of the right to eXercise the same in
<br />the event of any subsequent transfer.
<br />'T'he intention being to ~m-ey hereby an abscilute title in tee simple includir,: all the rights c,f hnmes:ead sod dower. j
<br />TO IIA~`E AND TO HOLD the premises above dexrib<~3, •.a ith aL the appu-ienances thereunto belonging unto the
<br />said mortgagee and to 1tS heirs and assigns. fnrei•e r. prel ides? always, and these 1?res~ents are upon the ezpreae
<br />ePutditvsn Brat if the aforesaid mortgagor the it heirs, es 3,rtors, adminisimtors or assigns shalt pay ar cause to be 1
<br />paid to the said mort, Agee 1tS heirs. eze,-tttors, adminis£ratcrrs nr as:;igns, the sutn of Fifty ThOUSa nd and ~
<br />t
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<br />E~XX_Y_YXX_YX}~1:]~XXX.YXXXXXXXS ~YXXX ~XXXXI~C 71
<br />vrith iatetesi thert'cn YKSXXXXX?ra'.vsas._.rYac~rrx payable fall att~~rding to the tenor and e$ed of !
<br />a certain pzesatisanry note LSfS701[ ar notes of said Thomas J. hScA loon and Audrey McA loon dated "r~9/?9
<br />or as such note or notes may be from time to time modified, renewed or extended in whiting,
<br />heararg even date w~i+~ these pres<-nts, and shall pac al;' fazes and as;escment ler~Fd upon mid :<.rl rate, and aL' other Lazes, ~ -
<br />levies arui asaeasmenta le.~ieri u;x>n z1:;- mortgage ze t'ne note x}riclr this mort_age is gia-en to se~vre, i~-torn the same bec+anaee ;
<br />delirrQueat. and keep the hurid;n~~s ter. said premi.es i..^.sured t„r the c,z,-n =~f ~Q, QQQ, QQ loss, if any, payable to
<br />the said mortgagee, t<§en t3~+esr px~seazs 4. hr i~oid. othrrv._~e in be ana remain in full force- ~
<br />1
<br />I'T IS FL'RTIIER AGP.zED lt: That tf t#±e :aid mnrtza gnr shay. fa:; to nav such tazr~ ar pnxure such insurance, the t
<br />said mort{rsg-re axa)` pad' s:.irh taac- and Prr ur.~ .ugh iiU~;rar, r-z; ana ;:i_ Juan c: adti-an,r~d, w-iih interc~i at ~ 1. Qper coat ';.
<br />shall be paid by said mortgag,.•r arm z'~t= m r.~are shat! stand as ~~-.!rs.~ i-,.r the sr,rne. (^_> 7'haf a faitur:? tc pa}• any of said
<br />mcwey, either priacip! or inzer<±.z when the sarnr tw~k.~unes due. _ r a fa,;ure zn .wmPly with any of the toregcing agrnemettta. 1
<br />shall tausr the f'hole sum .~f money hezz~in se~urtd tc~ M<izme due ¢n3 rc.ll<rtble at arse at the option of the mortgagee.
<br />Signed this 9th day u. Jul°~ la ?~'?
<br />In t:zc-;tncY to _ ~ •_.; ./ ~ -- - - i
<br />Thong s J. Tl ~ loon ~
<br />Audrey D'icAioon
<br />sTA2'E OF ... ..Nebraska ~,.,unt. of Hall i
<br />Be#atre tzre- a notary public quali5ed f[,z sand rcxz:^.ty, ~rs nnallyc=mom Thomas J. McAloon and Audrey
<br />R.ScrS loon
<br />kirora to tae w be the ideniic F person etSc ebr„f g;
<br />tLetd 4o he his. her ar their - ed the foregoing instrumFni and acknowledged the ezeattina -~
<br />Witeea cop hand acrd un~la~.. - f ---. -{f ...r
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<br />~commiaaitat tsprt'n=__. ...__. ._-.-
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<br />."~-~-{~.rti"~`--~-~:~ 'ta-''~.-..-.Notary Puhtic
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<br />STRTfi OF_..-_'_`_-`~ Entered na numerical indez and fated for record
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<br />in the Register of Deeds Office of said i~wrrrty the
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<br />____., t9-_._._,_, at ___
<br />~, -----`----may °{---------. ___.---'-----
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<br />--_. o'clock and . -._. _. -minute's .._--___........-M.. !
<br />'~ atad iconrded ut Boolr_______.___--_... _.-.___of_._._______._._ __...
<br />~ ....at page.. _._.__._.___._.._ _ . -
<br />' _-_--_-- _._...___ ._._....._ ... _.... _ _ ._.Reg. of Deeds
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