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52-A-REAL ESTATE MORTGAGE _.Jith lax Clause) Rev. 78 Huffman and Felton 8 Wolf, Walton. 8e. 68A67 1 -
<br />~ICNOW ALL MEN BY THESE PRESENTS: That RAYMOND J, THORNBURG AND A.RUYCE 2$.
<br />THORNBURG, HUSBAND AND-WIFE
<br />of HALL - County, and State of p7EBRA$KA , in consideration of the sum of
<br />-FORTY-NINE THOUSAND AND NO/100---------------------.--_---.---------- DOLLARS
<br />in-hand paid; do hereby SELL and-CONVEY anto 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 />THE EASTERLY FIFTY-FIVE r^EET (55') OF LOT ONE (1) AND THE GtESTERLY
<br />TWENTY FEET (20') OF LOT TWO (2), ALL IN BLOCK THREE (3), IN PLEASANT
<br />VIEW THIRD ADDITION TO THE CITY OF GRAI7DISLAND, HALL COUNTYr NEBRASKA,
<br />The intention being to 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 al! the appurtenances thereunto belonging, unto the said
<br />mortgagee(s) and to his, her or their heirs and assigns forever, provided always, and these presents are upon the express
<br />condition that if the said mortgagor(s), his, her or their heirs, executors, administrators or assigns shall pay or cause to be
<br />paid to the said mortgagee(sy, his, her or fheir heirs, executors, administrators ar assigns, the priacipal sum of S 4 9 , 000. 0
<br />payable as follows, to wit:
<br />PRINCIPAL PLUS ACCRUED INTEREST AT 138 DUE ARID PP.YABLE JANUARY 14, 1981.
<br />with inierest attvrding to the tenor ami effect of the mortgagors written promissory note bearing even dste with these presents
<br />and shall pay all taxes and assessments levied upon said real estate, and all ether lases, levies and assessments levied upon this
<br />mortgage or the note 'which this mortgage is given to secure. lxfare the asune becomes delinquent, and keep the buildings on
<br />said premises insured for the Burn ¢t S 49 , 000.00 .lass. if any, payable to the said mortgagee, then these prc~ents
<br />to be void, otherwise to lie and remain in tali farce.
<br />Ifi IS FLIRTIiEft 9L':f?FED (il 'T'hat if ttm said mortgagor shall fai! to pay such taaee ar prgcure such i:~sr:mce, th¢
<br />said mortgagee may pay such fazes and prueure such iasuranc e: and Lhe sum so advanced, wikh interest at S1Xt22n per
<br />cent, shall be repaid by said mortgagor, and this mortgage shall stand as securiE.4' For tho same. (Z) That a failure to pay any
<br />of said money, either principal ur interesi, when the same becomes due, or a failure to comply with any of the foregoing
<br />agreements, shall cause the whole smn of money herein secured to become due and collectible at once at the option of the
<br />mortgagee.
<br />Sfgned this 18 day of JULY 1980
<br />a;/!~~ ,7
<br />In presence of ..-.-. ' $.'1.2~e: y :1`f _~ ...f.F~s: ~ ~ - .
<br />...... . .. . ........ .. .. ... ..._.__.__... -.... v
<br />6~ ~..... .._. _.
<br />OND J T ORNBURG
<br />.... ARf)1r--F ...rte q'HP1RNfjJjR(; ... ........._ ..... ....... _._.
<br />STATE OF .........NEBRASKA......... County of ..........HALL ............
<br />t The^^ rf.~oyyregg/~o}}i~~rn((yg in(stl
<br />My Cc~fnmisaion
<br />before me ....JULY, .........18 ..............19..80
<br />BURG, HUSBAND i3ND F1IFE.
<br />,J ...
<br />~;~ ~ :" j
<br />1J,
<br />STATE o~ :............._......,._..._............_....,.._..... _ _ _ ~
<br />1 as.
<br />Cataty .._ .................._._..__........... _.._..........___.... ...
<br />and r¢cmtded irr Buok._. ._....,._.... _._ nt .... .........._-.., .
<br />:c~:u.
<br />Entered an numerical index and filed for recurtl
<br />in the ftsgiat¢r of Deeds Office +sf said Canny the i
<br />1
<br />__._._.....-...o'chxk and........ _. ,. minutca _. ... .. b4., I
<br />.. 4t page.-...... -.-_ ..-... - .-
<br />_.._ -.._._._.._.__ __.. _. _ . _ . _ i
<br />. Fieg. of Docw's
<br />$y.... Llnputy
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