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<br />53-A~--REAL ESTATEE MORTGAGE-With Tax Clauu (Revised 7962) Huffman and Felton 8 Wolt Walton, Ne. 69461
<br />..iwcail~9'
<br />KNOW ALL MEN BY THESE PRESENTS: THAT Raymond H. Werner and Gladys I. Werner
<br />husband and wife, (Mortgagor )
<br />' of Merrick County, and State of Nebraska , in consideration of the sum of
<br />Twenty Four Thousand Four Hundred Ninety. Six and 87j100 ($24,496.87) - - - - HOLLARS
<br />in hand paid, do hereby SELL and CONVEY unto
<br />Commercial National Bank & Trust Company
<br />{Mortgagee )
<br />of Hall County, and Stets of Nebraska the following described premises
<br />situated in Hall County, and State of Nebraska to•wit:
<br />Lot Ten (10) in Block Five (5) in Wallichs' Addition
<br />to the City of Grand Island, Hall County, Nebraska.
<br />Ln the event the title to said real estate is transferred, or contracted to be trans-
<br />. ferred, from the underlaid fer any reason or by any method whatsoever, the entire
<br />principal sum and accrued interest shall at once become due and payable at the holder
<br />hereof. Failure to exercise this option because of transfer of title as above stated
<br />in one instance shall not constitute a waiver of the right to exercise the same in the
<br />event of any subsequent transfer.
<br />The intention. being to convey hereby as absolute title in tee simple includueg all the rights of homestead and dower.
<br />TO HAVE AND TO HOLD the premises above described, with all the appuNeaaeces thereunto beloagipg upto the
<br />said mortgagee and to its heirs and assigns, forever, provided always, and these presents are upon 'the nzprees
<br />cvnrlition that if the aforesaid mortgagor S .their heirs, ezecutors, administrators or assigns shall pay or causti' to be
<br />paid to fhe said mortgagee its heirs, ezecutors, administrators or asatgns, the sum of Twenty Four Thotasaad
<br />Four Hundred Ninety Six and 87/100 - - - - - - - - - - - - - - Dollars, payable as follows, to-wits
<br />Three Hundred and no/100 - - I~oltars an the 1st. day of October 19 79
<br />& on the 1st. day of each Dollars on the day of , 23
<br />too. 1r2iereafter. Payments Dollars on the dey of 19
<br />applied 1st. to interest, bal. Dollars on the da of i9
<br />to principal. Entire int. & y
<br />print, due 9-1-81 Dollars on the day of tg
<br />-with interest Thereon at 12.0 per cent per annum, payable monthly annually sll aernrding to the tenor and ef{eet of
<br />a certain promissory Hate of said Rayttlond H. Werner and ,Gladys Z, Werner, husband and wife,
<br />t b-wring ey^en date with these pre^saesks, and steal! gay all fazes usd ssa~aameats tevtisd u -
<br />. pas said rest ~tata, and all otheir te,-
<br />s levies and s~**+^^ta tevi~ upon this mortgage ar the Hate whieh this mortgage is given to seeure, t>@tare the astha
<br />- ~- --dgliaguent, a~ lceap the buildings an sabl premises insured for the sum of *~ 24,49fr.87 tam, if any. pByaMe ~
<br />'- , -t.~ -sxhl- ma,•#4 ~, then theme gresents ~ -t.~ void, o:'#;er+vira -€?r be a:~ rar.,aa in full- far,2,s. - - -
<br />IT'_I4 FURTfIEH AGREEt7 (i) .That if the eat amrt~agar shall fail ~ ~y_auch taste crr ri~F i~tr~r,--
<br />-said mortgagee may Any such taxer and procure such insurance; and the sum ea advanced. with interest at 12.0 per Dent
<br />shall be paid by said mortgagor, and this mortgage shall etatut ae secunty !or the same. (2) That a failure to pay any of slid
<br />money, eithrr principal or interest when the same beeomea due, or a failure to coanp[y with ally of the foregoing agteemants,
<br />shaft cause the whole sum of money herein secured to become due and oolleMible et ontt at the aptlon of the mortgagee.
<br />Signed this 4th dey of Septettther ~/7(~ i9 T9
<br />In presenee of _!!... 1._ ............................ ~`..~~
<br />Ra nd H. Werner
<br />~..
<br />a y Werne"r
<br />t -
<br />j i S'f'A'i~° t?F ,..:...,~?~~1~~-_.... „......... , County of ....... Hall ............... / ~`fl6tt
<br />.............
<br />~~ ~ Hefora roe; a notary Dubuc qualified for said catnty personalty etyma ~ OM ~w~+4
<br />(i ~ llaynd H ceerner and Gladys L iterncr, husband arts; wife `'"'m ~~ _~fCLE
<br />~:.. - l _ttnowa t+o tea th _6n the fden<ie.2 ~" ~'~ -
<br />pertan or persona who efgned the foregoing imttument aaxl acknowtedg
<br />,i ~ l~eareof Ea be Iris; lien ar ttroif^ vataatary act and deed
<br />~~~~~ Witn~ my heard tied notraat seat oft...,.- Sept _ 4 _.._,...__.,...._.a ...... .........._..., 29.9,...,
<br />i3 ~ courts B:tP~
<br />M.Y ~a~,~*~a~.._~..t2^ ..-..... ,. 2 .., ~~~t'sxwre-x y
<br />. ~-,..S.aza-+-'. {... ..Nolan t~ubtic.
<br />ik ...
<br />_._
<br />- ~ -
<br />S~i`lt,T$ OFF„..,.. _.... Bnberad ao ttnmerial irdaz and ilbed for +ecard
<br />t~untyY :-..-.~.--~...-_.._........._,.-.:. ._..«.._. .....~~ in rtes RagLtter a~f Deeds Oboe of said Cottaty Eha
<br />,..,...:..:..dies-ot_... .,..:.»:.~.... ^,_..;..... 18 ............. pt,.,....._,.....................o'dack turd...,....,,................,.,.minuia ......._._.._.._._.M.,
<br />and retosdad in 8mk..._.._.....:_..:.;..-:„.,,.,.,a..,_af.........__._ ......................at paga...,...._.,......»......_................
<br />.........» ..............__...._......_---•---._........_........._......lieg. of Deeds
<br />Eiy_.~ ................._~._...~...._------......................,.......................ITeputy
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