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REAL ESTATE MORTGAGE-(with Tam Claws) {Revlaed tf62) 1b Hvamm 4esM awob ties.., Ilnoob, N.tr.
<br />~ ttr,y ~ ~ f~J
<br />KNOW ALL MEN BY THESE PRESENTS: That Pioneer Investments, A Partnerhsip, !a lea' ',
<br />Pioneer Estates r, 9 4n ~ >. '
<br />~ Hall County. and State of Nebraska . in ~ of ~a ~.
<br />----------~---- ----------~~_,_~ ~ v u
<br />Fifty Thousand and 00/100------ --- 'ca'-~ F
<br />is hand-paid, do hereby SELL sad CONVEY unto FIVE POINTS BANK N ~is'pp y
<br />- r'9~ ~~4glr~D~
<br />~ Hall County, Efate of Nebrask8 the [ollow'v,g deecri6,~
<br />~ Halt County. and State of Nebraska . to-wit
<br />j
<br />A tract of land comprising all of Lot One (1), part of Lot Two C2) and
<br />Lot Three C3), Garrett's Subdivision in the City of Grand Island;
<br />Nebraska, containing approxititately 1b.611 acres, more further described j
<br />in the Addend,.rm of the report. ,
<br />The intention being W rnnvey hereby an absolute title in fee simple, including all the rights of homestead and dower.
<br />TO HAVE AND TO HOLD the premises ahoy described, with all the appurtenancae thereunto heloneing, unto the acid
<br />mortgagee(s) and to his, her or their heirs end assigns forever, pravided always, and these presenb are upon the e~rem
<br />condition that if the said mortgagor(s), his, her or their heirs, executors, edminiatrators or assigns shall pay or cause to fie
<br />peal to the said mortgagee(s), his, her or their halm, executors, adminietmtors ar asnigna. the principal sum of $ SO , 000.00
<br />payable m tollowa, to wik
<br />$50,000.00 due at maturity of 180 days or before February 4, 1981
<br />with interest adordinR to the tenor and eReri nt the mortgagors written promissory note Imering even date with these presents
<br />and shall pay ell lases and assrnsments levied upon said reel estate, end all other taxes, levies and aeaeu,menG levied upon thin
<br />j mortgage or the note which this mortgage is Riven to aetvre, before the sart,e becomes delinquent, end keep the buildings on
<br />mid ptemixs ina,ted for the sum of 5 50, 000.00 }~ if any, payable to the said mortgagee, then these presents
<br />to be void, otherwise tv be and remain in full force.
<br />YT IS FURTHER Ai'iREED (1) Thel if the said mortgagor shall fail to pay each luxes or procure each insurance, the
<br />`' said mortgagee may pay such taxer ar,d procure such insurance; and the sum so advanced, with interest at 13.5 per
<br />cmt, shall be repaid by mid mortgagor. and this mortgage shell stand as security for the same. (2} That a failure to pay any
<br />of said money, either principal ar intereM. when the same bacomse due, or a failure to mmply with any of the foregoing
<br />rEraements, shall cwse the whole sum of money herein secured to become due end collectible at once et the option of the
<br />mortpaee.
<br />i Si§ned thu 8th day of 9ugust .1980
<br />Pioneer Investments, A Partnership, d/b/a
<br />a Ian pr}e(~¢ence of............_... _.._ ._ .............. PiOtleer...Es-tates~.. ........ _... _....-_.--.._ _................._..---...........
<br />........vl.-.Y~Ll~f. z..~'°~.:...24.~.~... ay:...rn.?,,,,,.,nh~...:T.A^.;.it:tae,rYf :........................................
<br />.... Jr~..,.......7......~u.~.~..r- :............................................
<br />i - i
<br />SPATE OF .............NEBRASKA............._.............., f:ounty of......_....Hall............. ............._...: A Partner A Parj
<br />-13e[vts me. a notary pub8c qualified for said county, peraonallycame Marcus Rowland,land ,Ton F. Luebs,l
<br />i of Pioneer Investments, A Partnership, d/b/a Pioneer Estates
<br />I ktrtnn, to rne~ to, be-the identical person or persona who signed the foregoing instrument and acknowledged the exetvtivn li
<br />j thereof fn be his,-her or their vol,mtary set and deed.
<br />j Witsma ray .hand and
<br />M7 ¢atam,ieaioa aspires: _..
<br />80
<br />Public.
<br />LsPAI'BbF.....---._ ..................................... _...._......._ v
<br />f ~ ~ ~ ~ ~ ~ Entered on numerical imler end filed for record
<br />Comty ......_.,._.._ ..........................._........._................. sa in the Register of Deeds OtAce of said County the
<br />j ...._._._.«-..-..d4F. o£........._.., ................................. 19............. at.................._...........odock and..._..........._..._.......mfnutes ......................M.,
<br />i
<br />j aod~recacdsd, fn Hook.......__ .........................._...oL..................._..................at page......................-.`........_._......
<br />Ry ...............
<br />_....._........._Reg. of Deeds
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