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MORTGAGE- 'h Tax Clause (Revised 1962) Hutfman sad Felton 8 Walt, Walton, Ne. 68461
<br />~ KNOW ALL MEN BY THESE PRESENTS: THAT Elvin L. Scranton and Cheri Scranton, husband
<br />and wife
<br />~', (Mortgagor )
<br />of Hall County, azxl State of Nebraska , in rnnsideration of the sum of
<br />Forty Thousand and no/100--------------------------------($40,000.00)----------DOLLARS
<br />in hand paid, do hereby SELL and CONVEY unto Commercial National Bank & Trust Company
<br />(Mortgagee )
<br />~ Hall County, and State of Nebraska the following described premises
<br />situated in Ha12 t:,ouaty, and State of Nehiaska to-wit:
<br />A tract of land comprising a part of the Northwest Quarter (NW~)_ of Section Twenty (20)
<br />Tawnshig Twelve (121 North Range Nine.{3)_ West of the 6th P,M,t in Ha12 County, Nebraska
<br />and described as follows: Beginning at the Southwest corner of the said Northwest Quart
<br />{NWk}, thence Northerly along the west line of said Northwest Quarter tNw41, a distance
<br />of Four Hundred Ninety Seven and Three Hundredths. (437,03) feet; thence Easterly Paralle
<br />to the South line of said Northwest Quarter {Nwtsl-, a distance of One Hundred Seventy Fi.v
<br />(175.0) feet, thence Southerly parallel to the West line of said Nert:~west Quarter iNwtsl.
<br />a distance of Four Hundred Ninety Seven and Three Hundredths (447,031 feet to the South
<br />l;ne of said Northwest Quarte_ fNw41; thence Westerly along the South line of said North
<br />taest Quarter {AiW}), a distance of One Hundred Seventy Five (175.01 feet to the place of
<br />beginning and containing 1.98 acres more or less,
<br />1~ee ialent9on bc®g Sa oanvey hereby an aEsolute title in tee simple induding all the rights of homestead and dower.
<br />TO fiAiv'E AND TO HOLD the prrraisea above described, with ail the appurtenances thereunto beioagirtg unto the
<br />said rsnrt~ee and to 1tS heirs and assigns, forever, Arovided always, and these presents are upon the ezpreaa
<br />zzv+ditiotr tha# ii the ataresaid rmttsagats their heirs, ezecutars, admix*~+~tors or assigns shall pay of cause to be
<br />plaid to the saw tnartgagee its heirs. a:ecutars, administrators nr A~~, the sum of Forty Thtwsand and
<br />x~J1iTA-- -- --------------{$40.000.00) ------Dollars, payable as foHoas, to-wit:
<br />Entire principal and accrued Dollars on r3>e day of l9
<br />interest due and payable ~f)nHars nn the 18th day of August 19 80
<br />Dalian nn the day of 19
<br />Dntiars oa the day of 19
<br />Dollars oa the day o{ 19
<br />with iamtresi rbereoo at 3-2 - ~ per cent per anautn, payable annually aA aceordiag is the team and e8ect of
<br />a aarain Frorniasorv roue ~ said Elvin L. Scranton and Cheri Scranton, husband and wife
<br />}~qg taaetl date with th~we presents, and shall pay aH razes and asses$ments lesied upoa said real estate. and aH other razes,
<br />hsaes nazi ~ levied upem this mortgage or the note n•h£dt this mortgage is gi+en to secure. before the same becomes
<br />ddiarpxmt, std keep the leriMittgs on said prerttises iasuted for the sum of 3 23JA loss. if aay, payable to
<br />the said mot3brtgee, then these ptxseais m be F`oid, atlterwiee m be an<' remain is #ttll farce.
<br />f'1' 3S FL1R't'HEft AGREED ti) That i# tbP saij mnitgagar shat! tail to pay such tazm- or ptotttre such insurazKe, the
<br />area rtsnrt@~gee may pay such taz~ and prentre and: ;~ *~^ce: and the arm so advanced, with interest at 12.5 per cent
<br />tz ~e psis 'ny mid moriXatnar. asd ttsis mnrSga~e atm3i sESrad as scvesritp far the roe. i~) ~i'Ztat a failure W Pay any of said
<br />mtatey, Sher prindpal nr interest w~tten the same better due, ar a failure to comply wish any of the foregoing agreements,
<br />s3adi tya®e the witde asm nt mmey herein scouted to bectaoe due aad collectible at once at the option of the mortgagee,
<br />9iPsed the 2$th day of August ~~ ?.S ,
<br />~ ~ ~• '~
<br />._. _. ,~rf
<br />prt~aoe 4 . ~ ..._.._.._...
<br />i[e of .t
<br />-~ ~1n ~ ~~aii1'on
<br />~'~'s'~ °., / ~.~ Cheri Scranton
<br />Si'A1E Oig'...__._...._NebzaS}ra _ __.__.. .. Ctatnty d. _ .Hall
<br />Reteaea sae, a ~9 pabtic gnaiiLnd far said covaty, penoaslly r°.,y. Elvin L. Scrartan and Cheri
<br />5tsaatta€m, I~sbaIId and wife
<br />itaiasra is tae !a he tSp idte7tioai prufrm tv perms wbn :agnad the foreEaag ~^ +>~~t artd admowladged the ezecvtioa
<br />t~lde6f ~@ ~tD ~#4 ~' ar-fhHt t Y#. 8nd-t}aed-
<br />....-.....-.......Notary Public.
<br />.°-----..--.,__.._----..____.___---.._.._.._....._.... _-..-.Reg. of Deeds
<br />By_.......___...._ ..............__....__ .__._ ...._ .... _.._ ....Deputy
<br />
<br />$TA14~ t~ __.._......____.,._______.... ,_____ _.._ 3 $Atered oa nu*nerical imies and filed far record
<br />1}~ in the Ragistes of I)aeds Offiae of said County the
<br />~fSaaal,T -~_....._._._._.__~_.._.._.-.._T__...._..
<br />a~.mv-,+dg ai.-_,..._...~.e...._,._.____..._., 19_.,.._-. afi_...T..._.f,_......._.o'da~Jc and..........._---.-.......minutes .,- ..............._bt.,
<br />aid reraaedad tut Hcak..._.__...__...._._,_....__..af__~~._,._....__.,-......at page......_......_...---..._....._..........
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