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. _. _ _ ,
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