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6AL ESTATE Mt3RTGAGE-With Tax C!auae ;Revisal 1452) £iuffman anti feifan g Wait, Waitm. HL- 68A51
<br />~!°~~fK'
<br />KNOW AI.L MEN BY THESE PRESENTS: THAT Ronald D. Peterson and Becky H. 3eterson, -
<br />YtusbarLd and wife, each in his or her own right and as spouse of the other
<br />(Mortgagors-}. z
<br />°f Hall County, and Stste of Nebraska . in conaiderati°n of #be sum of
<br />Sixty-Five Thousand and no1200 -------------------------------------------Di)LL2,Iit#-
<br />ia hand paid, do hereby SELL and CONVEY unto Coma~rcial National Bank & Trust Co. of brand
<br />Island, Nebraska
<br />°f Hall County, and State of Nebraska the following described gtemisea
<br />situated is Hall County, and State of Nebraska to-wit;
<br />Lot Tw=nty-One (21) in Block Three (3) in Brentwood Second S•.Lbdivision, Sn
<br />The City of Grand Island, Hall County, Nebraska ,
<br />In the event the title to said real estate is transferred, or contracted to be trans-
<br />ferred, fzom the underlaid for any reason or by any method whatsoever, the entire
<br />principal sum and accrued interest shall at once become due and gayable at the election
<br />of the holder hereof. Failure to exercise this option because of transfer of title
<br />as above stated in one instance shall not constitute a waiver of the right to exercise
<br />the same in the scent of any subsequent transfer.
<br />j The intend°n being [o convey hereby an absolute title in fee simple including all the righfs of homestead and d°wer.
<br />TO HAVE AND TO HOLD the premises above described, with all the appurtenances thereunto belonging unto the
<br />said mortgagee g and to their heirs and assigns, forever, provided always, and these presents are upon the express
<br />rnndition that if the aforesaid mortgagor its heirs, executors, administrators er assigns shall pay or pule to be
<br />paid to the said mortgagees their heirs, executots, administrators or assigns, the sum of Sixty-Five Thousand
<br />~ _______________________ t
<br />' and no/100 "'-------------------------- -Dollars, paYnble as folow~s, to-wit:
<br />~~x ds9t~sft xy.~t
<br />~ iiKaX25R X~1$f
<br />%}69Xf5Y NX3fY,K XX;pIpC
<br />~ ~ Hi>l;fiX>R XX}~{
<br />%XuIlXi~X 2lX.X~iC ?;X,'}~t
<br />with interest thereon SiTXXx payable }r~+-+ - ~ - ~~• ~ .-.u,- _r
<br />'~--.1, 3~ •c-rding t., and cYL~i ~
<br />a certain frrvmissory note of said or notes of said Ronald D. Peterson and Becky :~I. ?stetson dated .
<br />' 7i~3%8C or as such note or notes may be from time to time modified, renewed or extended
<br />'..2}j{i.w~~~-~: tYg:° .~ presents, :,nd shall pay all taxes and arse-:smenss levied upon said real estate, a.,.. ,u: et„;F: tars,
<br />' levies and assessments levied upon this mortgage or the note which this mortgage is given W secure, b°fare :nom same becomes
<br />d€linquent, and keep the buildings °n said premises insured for the sum of $ 65, 000.00 loss, if any, payable to
<br />! the said mortgagee, then these presents Co he void, otherwise to be and remain in full force.
<br />IT IS FURTHER AGREED (I) That if the said mortgagor shall tail to pay such taxer or pmcu re such insurance, th€
<br />! said mortgagee may pay such taxes and procure such insurance; and the sum so advanced, with interest at 14.0 pat cent
<br />} shall be paid by said mortgagor, and this mortgage shall stand as security for the same. (2) That a failure to pay any of said
<br />money, either principal or interest when the same becomes due, or a failure to comply with any of the foregoing agreements,
<br />I shall cause the whole sum of money herein secured to become due and collectible at once at the option of the mortgagee.
<br />Signed this 2 3rd day of July 8 ,
<br />i ,
<br />In presence of . _.. ..... ...,., . .._._..t ..._...... _.
<br />tla d ra'~ L sen ... .............
<br />i
<br />..tom.. /) `~ G[~c...~r<_.
<br />i) -, Be yFi: etersoii
<br />STATE OF-......_.._~'I~1?,Fs'AS}Cs"~............ _........__ . Cvunty of.. Hall
<br />Before me, a notary public qualified for said county, pervonally came Ronald D. Peterson 3P.d Becky M.
<br />Peterson
<br />known to tae to be the identical person yr persons who signed the foregoing instrument and acknowledged the execution
<br />tliereof to-be his, her or their voluntary act and deed.
<br />Witness my July_23. 19.8Q.
<br />_.. .... _
<br />MY commission e ~ .~...... 19 _.._. ~ ... _'~ ~ ~i -.a, ,, c_,c,._ . . .Notary Public.
<br />STATE O:
<br />warty ....
<br />Entered on numerical lodes and filed for record
<br />ss.
<br />in Lhe Register of Deeds Office of said County the
<br />19 ............. at....._.__......__...._...odoc(r and_.._.. _....._...._.. _... minutes ._...._......_.....M.,
<br />Page.. _....._.__...._..._......_....... _..
<br />..............Reg. of Deeds
<br />By..._. __ --_ ___...._ _ .. .. _. Deputy
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