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52 A REA t. ESTATE MORTGAGE-(Witfi Tax Clause) (ReWSed 1862) 1be gaamne Caveat 1§opyty Hone, Lmcda, T7dg
<br />~.'. t, ern,.
<br />KNOW ALL Iv~ET=h~1° THESE PRESENTS: That Marvin V. Mercer and Marna L. Mercer, Joint
<br />Tenants in Coon with Rights of Survivorship - ii
<br />of Hall County, and State of Nebraska ,-in consideration of the som of
<br />.Sixty Five Thousand and OOJ100---------------- ----- DOLLA&4
<br />'~.. ia~hsod paid, do hereby SELL and CONVEY unto FZVE POINTS SANK - --------
<br />~ Aall County, State of Nebraska the fallowing deacnbed prem®ee aitva~d
<br />in Hall County. and State of Nebraska , to-wit:
<br />The Southerly 130' of Block Eight (8}, Pleasant Homes Subdivision of
<br />part of the East Half (E'~) of [he Southeast quarter (SE's) of Section
<br />21, Township 11, North Range 9 West of the 6th P.M., Hall County,
<br />Nebraska except a tract of land more particularly described in
<br />9arranty Deed recorded in Book 165, Page 147 in the Office of the
<br />~- Register of Deeds, Hall County, Nebraska
<br />The intention being to convey hereby an absalure title in fee simple, including all the rights of homestead and dower.
<br />TO HAVE AND T9 HOLD the premises above described, with all the appurtenances thereunto belonging, unto the svid i
<br />mortgagee(s) and to his, her or their heirs and assigns toreve r, provided always, and these presents are upon the ezpress i
<br />wrxfition that iF the said mortgagor(s), his, her or their heirs, executor, administrators or assigns shat! pay or cause to he
<br />paid to the said mortgagee(s), his, her or their heirs, executors, administrators or assigns, the principal sum of $ 65 , 000.00
<br />payable as follows, to wit: ,
<br />Payable on or before 180 days, February 19, 1981
<br />with interest according to the tenor and ells t of the mortgagors written promissory note hearing even date with these presents
<br />and shall pay all taxes and assessments tautest upon said real estate, and all n[Fter utxea, levies and asaesaments I_viivl uiwn this
<br />mortgage or the note which this mortgage is Kiven to sttvre, before the same becomes delinquent, :cod keep the buildings on
<br />said premises insured for the sum of $ 65 , 000.00 ,loss, if any, payable to the said atortgagec, then there prcwents
<br />to be void, otherwise to he and remain in full Corce.
<br />IT IS FURTHER AGREED (U That if the said mortgagor shall fail to pay surf: fazes or proeure such insurnn Y, the
<br />said mortgagee cony pay such taxes and procure such insurance; and the sum so advanced, with interest at 14 per
<br />cent, shall be repaid by said mortgagor, and thin mortgage shall stand ae security for the name. (2) That a failure to pay any
<br />of said money, either principal or interest, when the same 6ecomea due, or a failure to comply witlr any of the foregoing
<br />agreements, shell cause the whole sum of money herein secured to become doss and collectible nt utuoe art the option o[ the
<br />mortgages.
<br />Signed this 22 day u( August {g 80
<br />In n • - sf
<br />_. .__.
<br />j} t t .~-d-...., l }..~.~ c , -.
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<br />' ~ STATE OF....-_._._.NfuBRASi(A.
<br />_._.... cewny et.
<br />..,Hall..... I
<br />1 Befgre me, a Watery public qualitled [or saui county, personally came Marvin V. Mercer and Marna
<br />L. Mercer
<br />known W me to be the identical person or persons who signed the foregoing instrument and acknuwl dgod the execul:. n '~
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<br />thesegf to !re his, her or thou voluntary act and deed,
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<br />~ Witd~ my hand end ugust 22a 1 0
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<br />'. ' STATE OF_............_ ...................... ..............................l Entered on numerics[ index cold fihd for nkord j
<br />.~ ~, i Caunty ...............__.........._.._._.._. ......._...._.._............ }ae.
<br />111 in the Register of Deeds Cltfkzr of said County the j
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<br />......__._........-.day-ot ...................._.. ........_.._........_, 19........_.., at.. ..'._._............_..... .ti Block and..................__.....coinut~s . ...._.ht.. i
<br />~~. i and recorded itt Book ...... ...... ....................of..... ..._..._... ........... at page. ..........._ .............. .....
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