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62-A-REAL. ESTATE ML3RTGAGE-(With Tax Glause) R,ev. 73 ~,affrnan and feltan & Wad(, Walton, tte. 6R'46l <br />KNOW ALL IvfEN BY'f'I3-ESE P12ESENTS: That JOHN J. STOKTMlAN AND MARGARET i?. S'T'OKMAN, <br />HUSBAND AND WIFE <br />of HALL County, and State of NEBRASKA , in mnsideration of the sum of <br />TWENTY-SEVEN THOUSAPID FIVE HUNDRED AND NOJ100----------------------~LLARS <br />in hand paid, do hereby SELL and CONVEY unto THE FIRST NATIONAL BANK OF GRAND ISLAND, <br />GRAND ISLAND, NEBRASKA <br />of HALL County, State of NEBRASKA the following described premises situated <br />in HALL County, and State of NEBRASKA , to-wit: <br />NORTH HALF (N"~) OF LOT ONE (1) AND THE EASTERLY FORTY-NINE <br />{49') FEET OF THE NORTH HALF (N~) OF LOT TWO (2), BLOCK ONE <br />HUNDRED TWO (102), OF KOENIG ANIJ WIEBE'S ADDITION AND RAIL- <br />ROAD ADDITION, BOTH BEING ADDITIONS TO THE CITY OF GRAND <br />ISLAND, NEBRASKA. <br />i The intention being to convey hereby an absolute title in fee simple, including all the rights of homestead and lower. <br />`I'O HAVE AND `CO [lilLD the promises above described, with all the appurtenanms thet>'unto belonging, unto the. said <br />~ mortgagee Es) and t., his, her or their heirs and assigns forever, provided always, and these presents are upon the czpress <br />condition that if tho said mortgagor(s), his, her or their heirs, executors, administrators or assigns shall pay or cause to !+e <br />i paid to the said mortgagee(s), his, her or their heirs, executors, administrators or assigns, the principal sum of $ 27 , 500 . Ol <br />i payable as follows, to wit: <br />FOUR (4) ANNUAL PRINCIPAL PAXMENTS_OF $2x400.00 PLUS ACCRUED <br />INTEREST AT 12~~ COi9MENCING DECEMBER 15, 180 AND ONE FINAL <br />BALLOON PRINCIPAL PAYMENT OF $17,900.00 PLUS ACCRUED INTEREST <br />DUE DECEMBER 15, 1984. THE BANK WILL NOT CONSIDER REFINANCING <br />THE BALLOON AT MATURITY. ° ' <br />with interest acmr<Iing to the tenor and effecw of the mortgagors written promissory note bearing even date with these presents <br />and shalt pay all taxes and assessments lewd upon said real estate, and all other taxcs,leviea and sasessments levied upon this t <br />mortgage or the note which this mortgage is given to secure, betore the same be~romes delinquent, and kzep the buildings on <br />said premises loss.^ed Cat the sum of $ 2~r 5C0• ©0 .toss, if any, payable to the said mortgagee, then these presents ~ -- <br />to he void, otherwise u> tx and remain in full force. <br />"t <br />1"1' I5 FltltTHb:T2 At=REED (1} 'T'hat if the acid mortgagor shalt fail to pay such lases or procure such insurance, the <br />said rriortgag~= :.sav r - y suit- faxes and procure such insszrrinced and the: suns a+r sdvanc~-.i. ~-it;, inter-i at 12~ per <br />int. sk,Ali he repaid b x:aid ~:srtgagor, and this mortgage shall statut as se:-~trits for the err=~, (~: 'Elsa: a fa~'un to yaiy <br />of itsid money: either principal ar interest. when the same becomes due. or s failure !o etanply wish soy ~ the foregcssng <br />_ -.c~e>-. - , u ~.s~. ~~ ~. ~,:,~ .-,f rnrns_-;: h;?n;n ~~trxd to -m~ a'u-tea ~ `v<-}. #- gE Q~~ _ ~p's~ €~ --_ <br />matte«a~ee, <br />Signed this 14 day of DECEMBER 19 J9 . <br />In presence of .. _.c-v, ,~' ~'":' .~~'7^*:.1'f~w_ .. ... ......... .. ._. <br />iA1~r~J ~~ ~ -''~' - <br />MARU'7+~RE~ R. 5TOKMAN ~" <br />1' ' STATE OF . , . , .. , N$R~~~~., ........ ,County of . , ....~Ii~ ................ <br />The fore in u ~ ~ <br />ga g ,tstr~t'ntlnt•w tiekn.~•xle ed before ore <br />s by ..,7C}HN, J ~T;q~N AND MARARET R. STOKD4AN, HUSBAND AND WIFE. <br />~E <br />i ~ _ ~ ~ <br />(( Sign>~tut'r;orscrn Ticking °~.ckntsu:ltu3grrten2 <br />'t V ~ _ <br />~~ ~ Zvfy CGmmisSlOn Exp~1~t 7-2-80 .............NOTARX.~'UAI~XC..,,,......,,., - <br />i ... <br />a Title <br />3 ': <br />+` $T'ATE DF ............................-- ................................. ~ Entered on numerical lode: and feted for rerord ;: <br />f~ i` Caunty ._ ........................................................................ ~ in the Register of Deeds OBice of said County the ~ 1 <br />;y <br />~ : ..................._...day of.....................-................r........, 19............. at_.............................o clock and......_......................tnuautea ....._...._.........M., j <br />a <br />.at page ....................................._...... - _, <br />and recorded la Book ...................°°--°-----°------..af....._......-----°---............._. <br />it ~ .........._ ................Reg. of Deeds ' <br />'; <br />{ I By .... .............. ...... ...........Deputy <br />i4 <br />tom. _. _ _ , <br />,i <br />