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. :.::. ~~ 53-A- _7ATE MGRTGAGE.-With 7ax~GEauae fRevba~ed .t ~~:,-:: :::r :::~~: -:, :,..: ~, :::.~ . ~ :~ y .:r~::r
<br />REAL ES 9S2y Nuffman and fegton i4'tioff, ~'a~twn. tie 6L'+563
<br />I{NO`ld ALL MEN f3Y THESE PRESENTS: THAT James S. Reed. and Precious Reed, husband. 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 />Thirty thousand and no/100---------------------------------($30,000.00)-------- DOLLARS
<br />in hand paid, do hereby SELL and CONVEY unto Commercial National Bank & Trust Company, brand
<br />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-six (26), Potash Subdivision, Hall County, Nebraska
<br />Zn 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 wrtatsoever, the entire
<br />principal sum and ar_crued 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 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 unW the
<br />said mortgagee and to 1tS heirs and assigns, forever, provided always, and these presents are upon the express '-
<br />condition that if the aforesaid mortgagors their heirs, executors, administrators or assigns shall pay or cause to be
<br />paid to the -said mortgagee its heirs, executors, administrators or assi~s, the sum of
<br />Thirty thousand and no/100--------------------- ($30 , 000.00) -----Dollars, payable as follows, to-wit:
<br />Dollars on Lhe day of 1S
<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 19
<br />with interest thereon BIX~ocxxxx~(9G~payable x~yltl><'y all according to the tenor and effect of
<br />a certain promissory note x6roskX or notes of said James 5. Reed & Precious Reed; and James D. Roth
<br />and Donna F. Roth dated September 10, 1979 or as such note or notes may be from time to !
<br />1~g=@@i~~~~titl~~~sc~`$4~esPc~ts.~~a~at)``~a}~d assessments levied upon said real estate, and aA other fazes,
<br />levies and assessments levied upon this mortgage or the note which this mortgage is given to secure, before the same becamea
<br />delinquent, end keep the buildings on said premises insured for the sum of S 30,000.00 foes, if any, payable to
<br />the said mortgagee, then these presents to be void, otherwise to be and remain in full force.
<br />IT IS FUI-LTHER AGREED (!} That if the :-aid rwrtgagar shall fail to pay such taxes or Praeure such insurarx~, the
<br />said mortgaeee may gay such tuxes and procure such insurance; and the sum sa advanced, with interest at 1d.0 pEr cxgt
<br />shall be paid by said mortgagor, and this mortgage shah stand as security for the same. f~) That a failure to pay any of said
<br />tnaney, either principal or interest when the same becomee due, or a failure to comply with any of the foregoing agreetaents,
<br />shall cause the whole sum of money herein secured to become due and rnllectible at once at the option of the mortgagee.
<br />Signed this 10th day of September ,
<br />In presence of `'e"° .......... '
<br />aerie ' S~~~~" c
<br />~:.
<br />,
<br />s
<br />i
<br />.. ~ s
<br />ri r lr.-.l'-Zr f
<br />nna ~ .. oC ~;"~dba" D>rVi'ile°Hwtres;°'Inc }
<br />Nebraska Hall
<br />STATE CIF ........................................_................ ,County of..........-.,.._.-...,.. ..._....._..........,...:
<br />sefare me, a notary public quali&ed for said county, personally came James 5. Reed and Precious Reed,
<br />husband and wife; and James D. Roth and Donna F. Roth, husband and wife
<br />Mown to ma to be the identical penaan ar persona who signed the foregoing instrument and acknowledged the a:ecutian
<br />thereof tti be-hie;-her or their voluntary act and deed. n
<br />Witness my hand fE IgGRlsfa~t~ky -'S......... .. .., 19.~.~'t..
<br />IAiARI +(.!. ... ~....~..y
<br />My commission expira ~ w...~t.~G~ Eft6U5CH9........ .~'`.~.:..~......3., Utl~,~.tt~-C~I.., .................Natary Public,
<br />STATE OF ...:......:...:.............:.........._..:-......................... i Entered on numerical indez and &led for record
<br />Gounty 1} se' in tha Register of Daeds Ct6rce of said County the j
<br />........................day of.:......._........._-.........................> 19..._...-..., at................................o clock and..............................minutes ......................M.. I
<br />and reaardea in sank ..............._........-.............---Of--•°--........................,....,...at page......-.....-................................ i
<br />......--••-° .................................•--................_...............Reg. of Deeds
<br />By ......................................................._..,.._ ..........................Deputy
<br />
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