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<br />53•A-REAL ESTATE MORTGAGE Wlth Tax Clause (Revised 1962) Huffman and feltun 8 Woli, Walton. Ne. 6A461
<br />KNOW ALL MEN BY-THESE PRESENTS: THAT Robert J. Baker, a divorced and unremarried man,
<br />- - (Mortgagor )
<br />of Hall County, and State of Nebraska , in rnnsideration of the sum of
<br />Forty Five Thousand and no/100 --__~_____.___~ __________________________I]OLLARS
<br />in hand paid, do hereby SELL and CONVEY unto Commercial National Bank & Trust Co.
<br />(Mortgagee )
<br />of Hall County, and State of Nebraska the fallowing described premises
<br />situated in Hall County, and State of Neb raska to-wit: Lot One (1)
<br />Sandy Beach Subdivision, Hall County, Nebraska.
<br />Irt the event *_he title to said real estate,,is transferred or contracted to be transferred
<br />from the undersaid for any reason or by any method whatsoever, the entire principal sum
<br />and accrued interest shall at once become due and payable at the election o: .he holder
<br />hereof. Failure to exercise this option because of transfer of title as above stated in
<br />one instance shall Hat constitute a waiver of the right to exercise the same in the event
<br />of any subsequent transfer.
<br />The intention being io 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 unto the
<br />said mortgagee and to lt5 heirs and assigns, forever, provided always, and these presents see upon the ezprese
<br />condition that if the aforesaid mortgagor theiz heirs, ezecutors, ada,;r,istratore or assigns shalt pay or cause to be
<br />maid to the said mortgagee • 1t5 heirs, ezecutor, administrators or assigns, the sum of Forty Five Thousand
<br />and no/100 ---------___~ ~____~ _~__~_~______~tlars, payable~fp~t,{
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<br />with interest thereo payable .IYlYfiOlytail according to the tenor and effect of
<br />a certain protttissory Hale 3Ci1<lOt or notes of said Robert J. Baker dated lOjlo/?9 or as such note o
<br />notes may be from time to time modified, renetve3 or extended in writing,
<br />and shalt pay al) lases and assessments levied upon said real estate, and nit ether fazes,
<br />levies and aaaessrnents levied upon this mortgage or the note which this mortgage is given to secure, betom the same becomes
<br />delinquent, and keep the buildings an said premises insured for the sum of S 45 , 000. OC loss, tf any, payable to
<br />the said mortgagee, then these presents to be void, otherwise to be and remain in full fame.
<br />iT IS FL7RTHER AGREED (l) That if the said mortgagor shall fail to pay such taxes or procure such insurance, the
<br />said mortgagee stay pay such taxes and procure such insurance: sad the sum so advaacrcl, with interest at 1~ • 5 per Dent
<br />snail hs paid by said mortgagor- std this mortgage shalt stand as security for the same. (2) 'I'haf a failure io pay any of said
<br />money, either principal or interest when the same bemmes due, ter a failure to rnmply with any of the #oregoing agreements,
<br />shall cause the whole sum of money herein secured to become due a:td collectible at once at the option of the mortgagee.
<br />Srerted this 16th der of October t9 7 ' ,~`'£J`~
<br />Robert J, Ba{t
<br />9TATE OF_._2)ebr8ska__------ _ - -_ ----.- Cauaty of.. stall.. _
<br />Before toe. •-notary pubfrc qualiLied for said cauatY. personally came HOi>Qrt J. Baker
<br />bww' to tree to hs t6e ident- peraoY ~ {~ri~s Saiiti signed the Foregoing instrument and acknowledged the execution
<br />thezsaf to >tb hie, her ar tmtar7~idIW1 RN
<br />\Ilfrtasaa ~ head' lb, ~ 19 79
<br />MY etroVmipioc ezpirac.. - - ~_ ..-.. "'~ "RO~Hr~ ...~.£... .!e.:.i..~~, .....>? ~...-.. »t.-...-.. '~c=.._.-.- Notary Public.
<br />STATE OF_....__...---._.-..,...._.__.-..--.-_.-._._....._.-..__. ~ Entered oa nutneriral lodes and filed for record
<br />(~ in toe Register c f Deeds G1iic~ aY sauf ra„nty the
<br />.-..._.;.......__-..,-d\Y oL.,_._...,..._._.._.._. ................... ifi.__........, at,.....___-.._....._-_.... aclock and.. m[nutea .- At-,
<br />and recorded in }iook_.--.... ___..._.-..,_..--___.._d...-.._._....,_.. _.__,..,.__..at yago_. - _.-... _ _._
<br />Reg. of I-'feeds
<br />Hy.. )),'putt
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