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.III 53•A-~'fr~~~."'C~"'~F MQRT~GAGE-With Tax Clause ~ RavisM ~_..... _ .,.., ....-- - - . .....::~
<br />' i ~ ~ ~ ~ ( 9962? HufTmisn and Futon S Wui~t. walfrc~un. !t2. `e84f,1
<br />i
<br />1KN01V ALL MEN BX THESE PRESENTS: THAT James S. Reed and Precious Reed, and Ja&sES D.
<br />Rath and' Donna F. Roth, husband and wife
<br />(A_orfgagor )
<br />a# Hall County, and State of Nebraska , in consideration of the sum of
<br />Thirty Thousand and no/100----------------------------------(530.000.00)------- DOLLARS
<br />in hand paid, do hereby SELL and CONVEY unto Commercial National Bank & Trust Company, Grand
<br />Island, Nebraska
<br />(Mortgagee )
<br />of Hall County, and State of Nebraska the tollowiag described premises 1
<br />situated in Hall County, and State of Nebraska to-wit:
<br />Lot Twenty (20), Potash Subdivision, Hall County, Nebraska.
<br />In the event the title to said real estate is transferred, or contracted to be trans-
<br />ferred, from the undersigned 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 hereof. Failure to exercise this option because of transfer of title
<br />as above stated in one instance shall not constitute a waiver of the right to exercise
<br />the same in the event of any subsequent transfer.
<br />The intention being to convey hereby as absolute title in fee simple including all the rights of homestead and dower.
<br />TO HAVE AND TO HOLD the premises above described, with ail the appurtenances thereunto belonging unto the
<br />said mortgagee and to its heirs and assigns, forever, provided always, and these presents are upon the expteas
<br />condition that if the aforesaid mortgagor s, their heirs, eaecutom, administrators or assigns shall pay or cause to be
<br />paid to the said mortgagee its heirs, executors, administrators or assigns, the sum of Thirty Thousand
<br />and no/100--------------------------- ($30,000.00} ---------------Dollars, payable as follows, to-wit:
<br />Dollars on the day of 19
<br />Dollars on the day of 19
<br />Dollars on the day of 19
<br />Dollars on the day of 14
<br />Dollars on the day of 19
<br />with interest thereon y~xxxxxxyytR~,ypt~rt~lN~ipayable > all according to the tenor and effect of
<br />a certain promissoey note »-111t or notes of said James S. Reed & Precious Reed; and James D. Roth
<br />and DonnafF. Roth dated September~l0, 1979 or as such note or notes may be from time to
<br />l~Ig~'d~t~~dit}~~~~~~ea~i~ts.~~~~~-payal~~c~~id assessments levied upon said real estate, and all other tax~a,
<br />levies end assessments levied uiwn this mortgage or the note which this mortgage is given to secure, before the same becomes
<br />delinquent, and keep the buildings on said premises insured for the sum of $ 30,000.00 1~. ~ anY. payable to '
<br />the laid mortgagee, then these presents to im void, othemise to be and remain m full force.
<br />IT IS FLrRTHER AGRFF,D t!.) That if the said mortgagor shat! fail to pay such taxes ar procure such i_».~sratt.~, the
<br />said mortgagee may pay such taxes and procure such insurance; and the sum so advanced, with interest at 14, 9 per cone '
<br />shall be paid by said mortgagor, and this mortgage shall siartd as security for the same. (2} That a faiium to paY any at said '
<br />nihaey, sillier principal ar interest when the same bernmea due, or a failure to comply with any of the foregoing agreements,
<br />shall cause the whole sum of money herein secured to become due and collectible at once at the option of the mortgagee.
<br />Signed this 10th day of September 1 9
<br />In presence of ........ es'.~..._...1^~.,..
<br />es D. t ~
<br />~ {~~
<br />._ .Donna E~:/'Rot`Pi"'dli~..D2Vi'11.e .ROm~es;_.Ync..
<br />STATE OF........._..Nebr3.aka. ......................._._., County of...-......-Hall
<br />Before me, a notary public qualified far said county, personally came James S. Reed and Precious Reed;
<br />and James D. Roth and Donna F. Roth, husband and wife 3
<br />known to me to be the identical person or parsons who signed tha foregoing instrument and acknowledged the execution
<br />~ereotto be hie; her or-thou voluntary act and deed. ~ ,! j
<br />..........
<br />Witaaes my hand- rrr~,--......... ..~-`t"......, 19~.-~......
<br />My camltiiesion ezt?ir ... ~~R7'kxe'pt t - ......Notary Pubiu. '
<br />STATE OF ......_. ........ Entered an numerical index and fded for record 1
<br />County ..„ ..........................................._................._-..._.. ~ Regtister of Deeds Office of said County the
<br />~' ..... to the f
<br />..................day oE.....................-.......-.......--°------• 18............. at..............._.......-. o'clock and................._...........minutes ..........-...........M.. I
<br />std recorded in Book.........._..._....-....._ .............of..........._...........................at gage..........-•------_........................ ,
<br />............Rag. of Deeds
<br />~---------°-°--------Deguty
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