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<br />ESTATE MORTGAGE- >ith Tax Clause) Rev. 7&
<br />Huffman and Felton & Walf, Walton. fte. 68461 i ~.
<br />KNOW ALL MEN BY THESE PRESENTS: That ARLIS MIDDLETON AND CLAREL K, F4IDDLETON,
<br />HUSBAND AND WIFE, AS JOINT TENANTS
<br />of HAI,y County, and State of NEBRASKA , in consideration of the sum of
<br />SIXTEEN THOUSAND-AND NO/100---------°-.----------------------------DOLLAFS
<br />in hand- paid, do hereby SELL and CONVEY unto THE FIRST NATIONAL BANK OF GRAND ISLAND,
<br />GRAND ISLAND, NEBRASKA
<br />~ HALL County, State of NEBRASKA the following described premises situated
<br />in HALL County, sod State of NEBRASKA . to-wit:
<br />LOT ONE (1) IN BLOCK ONE HUNDRED THIRTY-FIVE (135), IN UNION
<br />PACIFIC RAILWAY COis".2ANY'S SECOND ADDITION TO THE CITY OF
<br />GRAND ISLAND, HALL COUNTY, NEBRASKA.
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<br />The intention being !n convey hereby an absolute title in fee simple, including all the rights of homestead and dower.
<br />TO RAVE AND TO HOLD the premises above described, with all the appurtenances thereunto beloaging, unto the said
<br />mortgagee(s) and to his. her or their heirs and assigns forever, provided always, and these presents are upon the espzess E
<br />condition that if the said mortgagorls), his, her or their heirs, executors, administrators or assigns shall
<br />pay or cause to be t
<br />i paid to tha said mortgagees>, his, her or their heirs, executors, administrators or assigns, the principal sum of $ 16 , 000 • 001
<br />payable as follows, to wit:
<br />f
<br />PRINCIPAL PLUS ACCRUED INTEREST AT 14~ DUE AND PP.YABLE JANUARY 19, 1981.
<br />with interest according to the tenor and effect of the mortgagors written promissory note bearing even date with these presents
<br />and shall pay all taxes and assessments levied upon said real estate. and all other tales, levies and assessments levied upon this -
<br />mortgage oc the noie °which this mortgage is given to sauce, before the same becomes delinquent, and keep ihs buildings on
<br />said premises insured for the sum of $16 , 000.00 ,loss, if any, payable to the said mortgagee, then these presents I
<br />- to be void, oiiierwise io ire and repii.^, in toil force.
<br />.- IT IS FURTHER AC:REED (1) That if the said mortgagor shall fail to pay such Eases or nracure such insurance, the
<br />~? ~ said mortgagee may pay such !axes and procure such insurance; and the sum so advanced, with interest at SIXTEEN per ~
<br />cent, shall be repaid by said mortgagor, and this mortgage shall stand as security for the same. (2) That a failure to pay any 1
<br />{ of said money, either principal or interest. when the same becomes due, or a failure to comply with any of the foregoing
<br />°~ agreements, shall cause the whole sum of money herein secured to become due and crollectible at once at the option of the
<br />mortgagee.
<br />j Signed this 22 day of JULY 1s 80 i
<br />jJ]~ 1.f-{- ...........
<br />....._ ..... ........_ .. .....In presence of .... l'?--~-~!........7~~r~JTj_.
<br />M DD
<br />.......................
<br />_..._.__... LF:REL K. MIDDLETON
<br />STATE OF ......... .. ,County of ........HALL ..............
<br />The foregoing ent w
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<br />ARLTS eq ~
<br />lyy.,..,
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<br />My Comutission Expires ?/2j84
<br />d before me ........JURY....22 ................19.$4..
<br />K, MIDDLETON, HUSBA/N~D} AND WIFE
<br />Si jatti bf Person Taking Acknowledgment
<br />..... ,~..... NOTARY PUBLIC 1
<br />Title i
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