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<br />52 A-REAL ESTATE MORTGAGE-(W}th Tax Claaae) (Rev}fad 7962} Tye H+~ Caasal eeaply Hass, Iie0o4t, 7y~r.
<br />i r-s rt
<br />ALT' ~.y (j{j
<br />KNOW ALA }~lE~~3E PRESENTS: That Fred L. Scarborough
<br />~ Hall County, and State of Nebraska , in rnaaidezaf>rm aEf>~re--sani of
<br />Forty Five Thousand and 00/100---------------------------------- }'3OI~
<br />in hand paid, do hereby SELL and CONVEY mtto FIVE POINTS SANK
<br />of Hall Canary, State of Nebraska the-following deatm'badp~uaeate4Yt{ed
<br />in Hall County. and State of Nebraska - ,tawik -
<br />Lot Ten (10) in Stock Three (31, Pleasant View Addition to
<br />the City of Crand Island, Nebraska --
<br />The intention being to mrtvcy hereby an absolute title in fee simple, including all the rights of homestead and dower.
<br />TO HAY"E AND T9 HOLD the premises alwv,~ described, with s}I the appurtenances thereunto belonging, unto the said
<br />mortgagee(s) and to hi, her or their heirv and assigns forever, provided always, and these presents are upon the e:presv
<br />condition that if the said mortgagoc(sl, his, her or their heir„ oxecutors, administrators or assigns shall pay or cause to be
<br />paid to the said mortgagees! his. her cr their heirs, executors, administrators or assigns. the principal sum of $45 , 000.00
<br />payable as follows, to wit:
<br />$45,000.00 dve in 180 days or before
<br />date August ?0, !980:
<br />with interest anerding to the tenor and efle K of the mortgagors warren Promissory rote bearing qty,71x1p~jtRlti't$~lppXpdgp1t114t
<br />end shall pay all taxes and nssrssment_v icvusl alma raid and estate, and all other fazes, lovies and usaessmenty Lvicd upon this
<br />mortgage r the note which thiv mortgage is given to socure, before the scone biomes delinquent, and k~~qr the buildings un '
<br />said prem~ses i sured for they n[ $4$,000.00 ,loan, if any, payable m the said mortgagee. then these prusenm
<br />to be void, otherwise to Im andura r m full force.
<br />IT IS FURTHER AGRp1:U (U+That if the said mortgagor shall fail to pay such taxes or procure such inaurnnce, the ',
<br />said mortgagee may pay such taxes m+d Pnx•ure such i surance; and the s w advanced, with interest et 14 per '
<br />cant, sl+ail be repaid by said mortgagor. and tlris mortgage shall stand as aa..urity h+r tt:e same. ('L) That a failure to pay auy '~
<br />e[ said money, either principal or interest, when the same bcreumes due, u n fai}ore tr comply with any of the foregoing ~.
<br />agrMments, shall cause the whole sum u( money herein sarured to hec rmerduc and collectible at unre nt the optiutt of the -.
<br />mortgagee.
<br />Signed this 20 day of August t`.9 80 ~'
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<br />S?'ATE OF..... _.._. NE3RASKtI _. ._ t;onmy nt .Hail '
<br />Before me, a tartary public yual}f}ati for raid n,unty, parsonr.}ty cams peed L. Scarborough
<br />known to me to be the, identical person or persons who signed the torsgoing instruma+ni and acknowtedgavl the exucutian i
<br />tberaof to 6e his, her or their voluntary act and deed ~j
<br />Witr+ssc. my hand and nu _. 6tshdwi(rr4, August ZO }9 80
<br />~E IIAttTRT J'Y, .~--
<br />brtY a+mmfssian sxPirea _. ~.CY1u.E~..03910.~1tMx 1.,f f ~...":_, ) J.. .:.-` :.... Nutury t ubitc.
<br />STATE OF._.._.._._.__._...._..... _....__......._....... .._.....~ Entered un mm~uriral index nnJ b;:ai fur rFx~uref ,
<br />1 as.
<br />County .._.._..._........_ .............._._................ _ m the RogwG+r of llecda O(Ticc of said ('oun ty thu .
<br />.... .. .........day of....... .._....._.... ....... ..... t9.._ ..... nt. _. .... ._ ... o'aduck and nunuuy .Y_
<br />and recorded in Bark.. .. __._..._.. .... _.. of.. __..._... _...._.at page... _.....
<br />Res. of !?a rH
<br />Hy Deputy
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