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1 <br />r <br />S3-A-REAL ESTATE MORTGAGE-With Tax Clause (Revised 7962) Huffman and Felton & Wotf, Walton, Me. 68461 ~ <br />-~,~ KNOw ALL MEN BY THESE PRESENTS: THAT Thomas M. Farr and Nita Farr, husband acid wife I `~- <br />(Mortgagor ) ~ ? <br />~I of Hail County, and State of Nebraska ~~ <br />in cronsideration of the sum of <br />Thirty-four thousand five hundred and no/100-------------------($34,500.00)----COLLARS <br />in hand paid, do hereby SELL and CONVEY unto Commercial National Bank & Trust Company <br />;~g (Mortgagee ) <br />i of Hall County, and State o£ Nebraska the following described premit+~s ~ <br />~. situated in Hall County, and State of Nebraska to-wit <br />j ~ Lot Four (4), Block One (1), Park Hill Subdivision, Hall County, Nebraska 1 <br />1 f <br />? ` In the event the title to said real estate is transferred, or contracted to be trans- c <br />j ferred, from "the underlaid for any reason or by any method whatsoever, the entire <br />~ principal sum and accrued interest shall at once become due and payable at the election <br />of the holder herof. Failure to exercise this option because of transfer of title as <br />~ above stated in one instance shall not constitute a waiver of the right to exercise <br />i <br />the same ir, the event of any st:bsey,:ent transfer. <br />', <br />i <br />f ;° <br />3 <br />t ,' <br />i <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 TO HOLD the premises above described, with all the appurtenances thereunto belonging unto the ~ <br />said mortgagee a~cl to its heirs and assigns, forever, provided always, and these presents are upon the express j <br />i condition drat if the aforesaid mortgagor S , their heirs, executors, administrators or assigns shall pay or cause to be <br />paid fo the said mortgagee its heirs, executors, administrators or assigns, the sum o[ Thirty-four thousand <br />- five hundred and no/100---------------- ($34, 500) ---------------- Dollars, payable as follows, to-wit: - <br />I Entire principal and accrued Dollars on the day of , 19 t <br />interest due and payable Dollars on the 16th day of February , lg 79 <br />[ Dollars on the day of 19 j <br />!~ Dollars on the day of 19 I <br />Dollars on the day of 19 1 <br />- ~ with interest tharean vahte <br />. pa- thiiiiil:N3t sit according to the #enor and e$eef of . <br />a certain promissory note ~ or notes of said Thomas M. Farr and Nita Farr dated August 27, 19`9 <br />or as such nnce ax naves may tae from time to time mcxziiieu, iCt1CWCti, us CALCI3UCY :.-. :...i ~:.g; <br />:~ ? baring even date with these presents, and shall pay all lazes and assesgtrtenta tevie4l upon acid rant esLata. and alt other taze94 <br />levies and arbhsamenta levied upon this mortgage ar the note which this mortgage is given W secure, betore the lams ber~.sa <br />delinquent, and keep the buildings on said premises insured far the sum oI $ lees, if any, payable in ( <br />t tlyn said mort~asgee, then these presents to be void. otherwise to be gnd remain in full. f4r!'e. - <br />' 1 IT IS FURTHER AGREED (7) That if the said mortge gor shat! tail to pay such taxes or procure wch inauta~e, ttte ; <br />i _ <br />~ said mortgagee may pay such fazes and procure such insurance; and thr sum •o advara-ed, with interest at per ewtt <br />'shall ba Paid by said mortgagor, and this mortgage shalt eland as sacvriiy for Ns same. (2) That a failure to pay any ut said <br />money, either principal or interest when the same becomes due, or a failure to comply with any of the foregoing a6reetnaat0. ' <br />'shalt cause the whole sum of money herein secured io becrome due and collectible at once at the option of the nto ages. <br />Signed this 27th daY of August 19 79 ~, <br />_ ... - .. <br />1 ~ in presence of .. _....-.-. _.- .F .. ~ff~... ...-..a~.l~..(... _.-,.. <br />.~ <br />i i ~, \ , <br />~ ~ _ :X~ __ _- I <br />' 4 a„ ~'~ Nita Farr <br />I i..... .. _ _ ___._ ._.. _._ .. _.... , <br />STATE QF .............Nebraska Hall i <br />_ .. ............ ..... County oC._.. ..,.. _.......... ,. <br />........ _.._ ..-.- ~ i <br />Before nee, a rxrtary public, qusliHed for said county, personally came Thames El. Farr and Nita Farr, <br />husband and wife f <br />known W me to br the idetSt' pereon~fpeyl~(s signed the foregoing instrument and acltnowtr,lbed fha azocution <br />thereof to be his, her oe thei ua• i ' <br />=~r ~ - iA~1' . <br />wtinass my hand attd asst dilate ^`-'r - `'{ ' - }8 . rI ~ <br />.. _.. <br />.~- ay, - ~ <br />Mycantmiwioasxpiree:.., .....:?5..~~lfftl~..~. ......,:.s~s.c.,,.-.1~... :....-f,.~t ._~.,._..~._.._NoteryPublic. <br />STATE OF...._ ................_..,........._....._...,.....,..._......... Entered on numeri~t rode: and flied for record <br />}~ in the Register nt Deeds t~tti of said county she j <br />Catrtty .........:.......__._...w...........:...._._........».......,....._ <br />..day of._ ................_. .......... 1~........_., at..........................._...o'dock and..........................._.minutos ......................M., ~ I+ <br />and recorded in HaolL.._ .................._.................of............_. _.......................at page..._.................................._.... t ' <br />......................................._............._......._...-........_._Rog. of Daede ~ ~. <br />By ............._..............................._........_......................._......Deputy <br />i <br />