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<br />1 ( ~ July 25, 1479 .
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<br />52-A-REAL ESTATE MORTGAGE-(With Tax Clause) (Revise6 1962)
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<br />'Ibe Huitmaa Ceaersl Svppiy Hovae, Linmla, Nabs.
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<br />KNOW ALL MEN BY THESE PRESENTS: That Luther F. Peters, aka Luther Peters and LaVonne R,
<br />Peters, his wife, 1312 Main St., wood River, Nebraska 68883
<br />of Hall County, and Stafe of Nebraska , in consideration of the sum of
<br />Twenty-Seven Thousand Two Hundred Thirty Six and 02jI00------------------- DOLLARS
<br />in hand paid, do hereby SELL and CONVEY unto MILES HOMES DIVVISION OF INSILCO CORFOP.ATION
<br />4500 Lyndale Avenue North, Minneapolis, Minnesota 55412
<br />of New lIaven County, State of Connecticut the following described premises situated
<br />in HaP County, and State of Nebraska . fo-w$:
<br />Lot 4, Block Three (3), West North Lawn Second Addition to Wood River, Na11 County,
<br />Nebraska
<br />SUBJECT TO ALL EASEMENTS, RESTRICTIONS, AND CONDITIONS OF RECORD.
<br />OPEN END FEATURE' In addition to this mortgage standing as security for the performance
<br />,o€ the provisions hereof, this mortgage shall also stand as security for any and all
<br />future advances made by the mortgagee to the mortgagor in any amount so that the total
<br />principal herein does not exceed $42,000.00, and the mortgagee herein is hereby given
<br />authority to make any such additional advnces to mortgagor 'herein upon request of Che
<br />mortgagor, or either of them, and sur_h additional advances shall be secured as the
<br />original obligation. Such limitation upon the total amount of principal shall not be
<br />considered as limiting the amount secured hereby when advanced to protect and preserve
<br />the security intended to be given by this mortgage.
<br />The intention being k~ mousy hereby an absolute title in fee simple, including aU the rights of homestead and dower.
<br />Tt) NAVE ANU 1Y) HOLD the premises atwve described, with all the appurtenances thereunto belonging, unto rite said
<br />mortgagees} and Lo his. her or their heirs and sasitina toreve r, provided always, and these presents are upon the express
<br />condition that if the said mortgagor(s), his, her ar their heirs, execuWrs, administrators or assigns shall pay or cartes to be
<br />paid to Lire said mortgagee(s), his, her or their heirs, ezecutors, administrators or assigns, the principal sum of S 27 , 236, 02
<br />payable ss follows, to wit:
<br />Principal stem of $27,236.02 shall be paid by paying interest only in monthly installment
<br />of $177.84 per month commencing on October 1, 1979 and continuing on the 1st day of
<br />each and every month thereafter except that on the 2nd day of July, 1982, a final paymen
<br />consisting of the entire principal balance together with any unpaid interest shall be
<br />due in full.
<br />sdlh interest am3tdL•eg to fife traur and skeet of the mortgagors writtaa pr=~xtissory note beating even date xith these ptesea#s
<br />utd shaif pay ail taxes and ssaensments levied upon acid real estate, end afi other fazes, ieviua and aseeeaanenta Levied upon thin
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<br />+xttra;s or ~ n~tY which thin mstgags _ riven to ae_uure, irelore tie mar ., b~~ dp~iruueat_ a.~ri !gyp tiro 6u:lana _Lt
<br />taut premiaea inaurcKl fur the sum of $27,236,02 lvas, if any. payable W the said mortgagee. Rhea thane 1_rtea ~tfa __.
<br />'.o hr' void, atkerwise tr. hr and remain ie: full (ores. t
<br />1'T IS FURTHER ACitEE[) (I) That if the said moetga gur shall fait to pay such tazea or prucusc~ surh itrattranea, the '
<br />wid mortgagee may pay such taxes and procure such insurance; and the sum ao advanced, with intarcat at per
<br />neat, shall be repaid by said mortgagor, and this mortgage shalt stand as security for the same. (3} That a failure to pay arty -
<br />af said money, either principal or interest, whin the acme b¢cumea due, or a failure; to ccinrply with any of the turegoiag
<br />tgreemenW, shall coons the whale sum of money fierein soured 4, become due and collectible at one's a; the option of the i
<br />nottgagee. -.
<br />Signed thin ~ daY of (~Gt-~,Ct~!' !9 79 1 j / ~~-
<br />~ ~t ~~. ¢-~ ~',,f; ~~~ ff~~'
<br />..~ In pre )nee vt '. X ~><tL~kk~"^~'-.i.,G~4,~r'~a... _ -'-
<br />- •;~ Luther F. Peters, aka Luther Pete ~,
<br />7 Y ~,... ,~ .... , .. _ +
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<br />~„~ 'La~o~ne ~ ~e~ zre~'~- `
<br />I STA`I'F, OP _.. .....~ r~'i-.iKa.. ;a+~~cv. _ Cauney k,t ,i'~4~R.^~~.. .. ~ GEN€RU r+QiAgr xtaMMRpr:
<br />Beiorn me, n n nr bite uali$ed fur seal e~wnl ~ ~ NKtt3UN d. sACClIAtdER
<br />Y Pu 4 Y. l~era crnaliy came tli tetatn. E~Ssat L tYP! -
<br />i Luther F. Peters, aka Luther Patera and LaVonne R. Patera, his-' - -
<br />j htsawn to uia tfi 19s tiro idetttk~rl trernmt ar perstaa wMe :ignnd iha t ragoing irtstrumant nerd aeYnowiedgec3 ihp exeeut~t -.
<br />i thererrf to be his, her ar (heir vottuttary set and deed.
<br />Wilneae mY h8nd and on. _ ._ ~ 'S-'~` J , !9 ~/
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<br />My avtmmiseion expirse_... . ~. ap 19~.~. ~~~f..r~.:Y..1~.'~?.' aQ.~...-c''`Y~-Notary Public.
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<br />8TA'f"Tf UF ...................:..._......._................_................. Eaternd on numerical index and filed for mcord l ',
<br />Comty .._. ~ ~' en the Register of Deeds ()@ice of said County the , '
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<br />..........._,.,....,..Aay t$,.........._ ......................_.........,.. 19._.._..... at............._.......,.........oclock and..................... _...~..tx»nutes .....................M..
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<br />i and tecaedtxi in Btwk__ ..................-..,......:.._....of._.__................ ........-.....at page..............................-............,
<br />G DRAFTED $Y: MILES HOME5 bIVISION _...._......Reg. of Deeds
<br />pp IINSIL~CfflI CORPORATION _..........._ ........................._......_.............
<br />~ 4~Q0 ~.vndsle Avettue Nnrtn '
<br />i Ninraa ells "'n-teasta 541' Dr ... .._._ ........, _ _..._ .........................deputy 1
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