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52-A-REAL ESTATE MQRTGAGE-(With Tax Glauae) Rev. 78 Huffman anA felton b Waft, Walton, Ib. 68061
<br />~7V- t,/1YMV~~
<br />KNOW ALL MEN BY THESE PRESENTS: That JOHN W, KNAPP AND NANCY S. KNAPP,
<br />HUSBAND AND WIFE
<br />of HALL County. and State of NEBRASKA , is cortsideratiom d the germ d
<br />FORTY-EIGHT THOUSAND FIVE HUNDRED AND NO/100-°--^---------------~'I+ULLARS
<br />in hand pafd, do hereby SELL and CONVEY unto THE FIRST NATIONAL BANK OF GRAND ISIxANDr
<br />GRAND ISLAND, NEBRASKA
<br />of HALL County, State- of NEBRASKA the following doaarbed pramisea.tnptsted
<br />in HALL County, and State of NEBRASKA , to•wit:
<br />LOT FIFTY-TWO (52) CASTLE ESTATES SUBDIVISION, HALL COUNTY,
<br />NEBRASKA.
<br />The intention being [o convey hereby an absolute title in fee simple, including ail the rights of homestead and dower.
<br />TU HAVE AND TO HOLD the premises above described, with alI the appur[enancea thereunto belonging, unto the said
<br />mortgagee(s) and to his, her or their heirs and assitms forever, provided always, and these presents are upon the ezprees
<br />condition that if the said mortgagorls), his, her or their heirs, executors, administrators of assigns shall pay or cause to be
<br />paid to the said mortgagee(s), his, her or their heirs, executors, administrators or assigns, the principal sum of S 48 , 500.00
<br />payable ae follows, to wit:
<br />ELEVEN MONTHLY PAYMENTS OF INTEREST ONLY COMMENCING JUNE 1, 1480 AND
<br />I
<br />~ ONE FINAL PAYMENT OF $48,500.00 PLUS ACCRUED INTEREST DUE AND PAYABLE
<br />MAY 1, 1981.
<br />'- with interest attvnling [o the tenor and rftrc-t of thee mortgagu rx written promissory note bearing even elate with these presents i
<br />i and shall lay all taxes and u. ,,s~nne-nt.-. levied utxm said rail en tale, sled all other taxes, levies and assessments levied upon this j
<br />mortgage nr the note which this mortgage i given to se~vre, before the same becomes delinquent, acid keep the 6uiWittgs on i
<br />saki premises insu r.vi fur the sum of a4$, 500.00 loss, if any, payable to the said mortgagee, [hen these peesenN
<br />j to be void, utherwixe U. ta, and rrmmn to full tone. i
<br />IT IS FVRTHEH AGHEb:U (ii `l hot if the sold murtge gor xhail foil to pay xuch taxes nr procure such iasurancr., the I
<br />i said mortgagee may pay such tuxes and pnxurr such msu rant r, and the sum so advanced, with interest at SIXTEEN per
<br />cent, shall he reiwid by said mortgagor. and thix mortgage xhull stand as security far the sumo. (2) That a fadure to pay any
<br />of said money, either principal yr interest, when the some brc woes due, ar a failure to amply with any of the foregoing
<br />agreements, shall cause the whole xwu u[ manry herein xecured to becwne due and collectible at ones at the uptioa of tho
<br />mortgagee.
<br />Sigurd this 2 daY of MAY l9 $, ~~;; "~~
<br />~~ ~
<br />~ ~ -.
<br />~ J HN W KNAPP ~r
<br />f -......._....
<br />~ N Y S (~NAPP -
<br />9`['ATE OF .......NEBRASKA.......... ,County of .. I}ALL. _ . .....
<br />The foregoing ingtrtttnWHt vcas.acicttttwledged before me ....... MAX......... 2 ........ . .....19.80.
<br />JOHN W.
<br />XNXPP NANC`! 6. KNAPP,
<br />by ............. ..?~~.
<br />..
<br />Y/ .
<br />. G~~~ ......
<br />' Sign ur " arson Caking Acknowledgment
<br />MY Commissic)n Expires--3%2/'$0 NOTARY PUELSC
<br />'t'itle .. .. ....................... .... .. ...
<br />STATE OF. _... _.... _... .
<br />County ... ..._...__.-.__ .. ...
<br />.., .-.__day ot..
<br />and recorded in Book,.
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<br />xa.
<br />i
<br />19. at.._. _...
<br />aC-
<br />Entered on numerical indaz and filwl for reared
<br />in the Hegiste[ ut I)a.tufs O(tni• of said ('aatnty U,e ;
<br />--o'elork amt.. minutes .. M.,
<br />at page.
<br />.. - - Hex- of Lids ,
<br />- ~ t)y )4puty
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