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~' ~ 51.~-AEAI. ESTA'F° 13SdRTGAGE--(~~ 2as C}~tr) FFuftman a~W FNTOn & Wan, Walton, pe. fi546i -
<br />KNOW ALL bfEN BY THESE PRESENTS: That Eruce L, Christenson and Deborah A.
<br />Christenson, Husband and Wife, each in his own right and as spouse of the other.
<br />of-- Ha11 County, and State of Nebraska , in consideration of tks sstm of
<br />Twenty Three Thousand and 00/100 -------------------------------------------- DOLLARS
<br />in hand paid, da hereby SELL and CONVEY unto FIVE POx~2ITS BANK
<br />of:' Hall County, State of Nebraska the following described premises situated
<br />Hall County, and State of Nebraska , to~ait:
<br />South 10 Ft, of Lot 125 all of Lot 126 of Hawthorne Place
<br />and being a subdivision of the North West Corner of section
<br />22 Township 11 No. Range West of 9th P.M.
<br />The intention being to convey hereby an abtolute title in fee sim¢le, including all the rights at homestead and dower.
<br />TO HAVE AND TO HOLD the premises above described, with all the ap¢urtenances thereunto belonging,
<br />unto the said mortgagee(s) and to his, her or their heirs and assigns forever, provided always, and these presents are
<br />u¢on the express condition that if the said mortgrsgar(sJ, his her or their heirs, executors, administrators or assigns
<br />shall. pay ar cause eo be paid to the said mortgagee(s), his, her or the%r heirs, executors, adminutrators or assigns, the
<br />j ¢rinci¢al sum of $ 23, 000.00 payable as follows, to wit:
<br />23,000.00 Payable on or before 180 days January 27, 1981
<br />dated: J~~u~~~~l~~gg 31 19801
<br />with interest according to the tenor and effect of the mortgagors written promissory note bdtd47iX~'~tldtDe#s I
<br />{mraeatts and shall pay all taxes and assessments levied upon said rent estate, a»d all other taxes, levies and assrssrnenfs
<br />d€trisd upon this tnortgago or the Hate eohirh ?his loos?gage ~_ given to scrota, before El=,e same L=comes dFlinnt, and
<br />keep the buitddngs on said premises insured for the seen of $ 23,000.00 lass, if env, pay~xble to the said
<br />mortgages, than these presents to be void, otherwise to bs and remain in full force.
<br />IT IS FURTHER AGREED (r) That if the said mortgagor shall fail !o pay such taxes or procure such in-
<br />surance, the said- mortgagee may pay such tangs--and procure sorb insurance; and the sum so advanced, with interest
<br />at 14 per cent, shall be re¢aid by said mortgagor,, atul this mortgage shalt stand as security for the some. ,,
<br />(zj That a failure to pay any of said money, either principal ar interest, when the saws becomes dos, or a failure to
<br />comply with any of the foregoing agreements, shall cause the whole sum of tno»ey herein setured to become dos and j
<br />collectible at once at the option of the mortgagee. ',
<br />Signed this 31, day of July [g 80 ~~,
<br />In pre ence of _ ---- --= •`~= =.~x.-.....-•-----._.......--L-~---------........-- ----------•
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