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.. # .:..:.. .,. .._ IMDRTGAGE~ With T~ ~~~~ ...., ~ ~.:,,_~, --.---~
<br />3 53-A-1RERL ES"R'AT~ ax Clause {,s,evised 19ib2 ' -
<br />~~ .. ._ . _ ._ ~ ~~.~~~- -.. ) .~.... Hutfiwnan and feltsn& 4HOil, k4aitrn, Pile bf3~lf,1 ~~~~~ ~~~~~..~;~,
<br />J
<br />-,ter----• ~~ __._..~_.._ __--__
<br />~ E{NO4G ALL MEN BY THESE PRESENTS: TTIAT James S, Reed acrd Precious Reed, husbttnd and
<br />wife; and James D. Roth and Donna F. Roth, husband and wife
<br />(Mortgagor )
<br />~ of Hall County, and State of Nebraska , in consideration of the sum of
<br />i Thirty thousand and no/100----------------------------------------------------- DOLLARS
<br />in hand paid, do hereby SELL and CONVEY unto Commercial National Bank & Trust Company, Grand
<br />I Island, Nebraska
<br />(Mortgagee )
<br />of Hall County, and State of Nebraska the following described premises
<br />situated in Hall County, and State of Nebraska to-wit:
<br />Lot Twenty-eight {28), 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 or the right to exercise
<br />the same in the event cf any subsequent transfer.
<br />The intention being Lo convey hereby an absolute title in fee simple including all the rights of homestead and dower.
<br />TO HAVE AND TO HOLD the premises stave described, with all the appurtenances thereunto belonging unto the
<br />said mortgagee and to its heirs and assigns, forever, provided always, and these presents are upon the ezpreas
<br />wndition that if the aforesaid mortgagor s. their heirs, executors, administrators or assigns shall pay ar muse to be
<br />paid to the said mortgagee its heirs, executors, administrators of ass:~ZS, the sum of
<br />Thirty Thousand and no/100------------------------------------- Dollars payable as follows, to-wit:
<br />Dptlars on •.he day of lg
<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 lg
<br />with interest thereo~ut8f~txxxxxx~mtpacpayable ac~Wgyltl~tcall according to the tenor and effect of
<br />s certain promissory note rdimmrk or notes of said James S. Reed & Precious Reed and James D. Roth
<br />and~Do1nna F. Roth dated Se tember 10, 1979 or as such note or notes may from time to riot
<br />~P: ~~1~~~ `~f~~pPe~e'~~~ll~y~11~a9 and ^__°~°^~ents lersied upon said real estate, and a?' other taxes,
<br />cures ant assessments levied upon this mortgage or the note which this mortgage is given to secure, before the same becomes
<br />lelinquent, and keep the buildings on said premises insured for the sum of $ 30,000.00 loss if any payable to
<br />iu' said mortgagee, then these presents W be void, otherwise to be and remain in full force.
<br />fT fS FTIRTI-LER AGREED {1) 'T'hat if the said mortgagor shall fair #o pay such taxes or procure such insurance, i14e
<br />said mortgagee may pey such tales and procure .:.rch insurance, and the auffi sa advanced, with rote,"°~i a# -'~.? >~r cent
<br />ihali be paid by said mortgagor, and this mortgage shall stand as security for the s~rne. {21 That a #ailurt< to pay env of-said
<br />iioaey,-eitlrer principal ar intcreat when the same becomes due, or a failure to comply with any at the foregoing agreements,
<br />,hall 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 o[ September 19,,.29
<br />In presence of ..__ ......... ~
<br />_._...-..~-.~..~,....~.1.~~ -~ -~
<br />~~11 ~..-G. .......- ........
<br />i
<br />....._........._........._.........__...__......._........... 1 . ~.r~y ~. /c:NZ.~
<br />i~.. i STATE OF ..............Atebraska..............._..-......-., County oE............._.Ffall....._---.........,.......:
<br />i, iBafore me, a notary public quslifieit far said county, personally mme James S. Reed and precious Reed,
<br />husband and wife; and James D. Roth and Donna F, Roth, husband and wife
<br />known to ma to be the identical person or perms who signed the foregoing Instrument and acknowledged the exeeutiort
<br />i
<br />,' ;...thereof to tie Iris,-her or their wluntary act and decd.
<br />{ i My Witrieea my hand .+.ss...,.....~:'~' ................. la.~~......
<br />4 commission ezpt ~~aeasee;
<br />...... ........ _... ................NatarY Public.
<br />i , 33(
<br />i 4 ~i'ATE OF ..- .......:;__-.._._ ......:............ Entered an numerical indez and filed for record
<br />as.
<br />` "5 County
<br />c
<br />~ ! --- ...: ..._.....__»............_.._....... in the Register of Deeds Oflica of said County the
<br />y' ....day of..__...» .............
<br />r ~ .:.................. ...._................... 19.:........--, at......._.............,.........o'clock and._.-_..............-....._minutes M.,
<br />Ss ......................
<br />and retarded is Hook ..........................................af....._.............._-................at page..................-.....................-....
<br />~~
<br />~~ ...............Reg. of Deeds
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