|
~ -- -:
<br />t ~ ~b2-A-REAL ESTATE MORTGAGE-(With Tax Clause) (Revitxd 1962)
<br />f
<br />t
<br />.!'1t
<br />C7
<br />F'- ` ~
<br />f -~
<br />'he Rv3men Genii 9opplr $as~, 7-ImeID.-R~~
<br />KNOW ALL MEN BY THESE PRESENTS: Thal Gordon J. Scarborough - _
<br />i
<br />of Hall County. and State of Nebraska _ - . in consideratum the stua of j i
<br />Fifty Fiae Thousand and 00/100-------------- DDT.LARS
<br />--------------------°-°_------_ 4 ;
<br />m hand paid, do hereby 9ELL and CONVEY unto RIVE POINTS BANK ~ - t
<br />of Hall County, State of Nebraska the tollowing.deacrilted.premmes ~tnatad '.
<br />in Hall County, and State of Nebraska ,to-wit: _ - -
<br />Lot Six (6) in Block Two C2) in Pleasant View Addition~to -- ,
<br />the City of Grand Island, Hall County, Nebraska
<br />Also ~~
<br />Easterly Six Feet C6') of Lot Five CS) in Block - ~.~
<br />Two C2) in Pleasant View Addition to the City - -j
<br />of Grand Island, Hall. County, Nebraska
<br />The intention being [n convey hereby an absolute title in fee simple, including all [he rights of homestead and dower.
<br />TO HAVE AND TO HOLD the premises above described, with all the appurtenances thereunto belonging, unto the said
<br />mortgagee(s) and to his, her or their heirs and assigns forever, provided always, and these presents are upon the express
<br />condition that if the said mortgagor(s), his, her or their heirs, executors, administrators or assigns shall pay or cauce to be
<br />paid to the said mortgagee(s), his, her or their heirs, executors, administrators oz assigns, the principal sum of $ 55 , 000.00
<br />payable as follows, to wit:
<br />Payable on or before 60 days, October 25, 1980
<br />date: August 26, 198D
<br />with interest accordurg to khe tenor and eReva of the mortgagors written Promissory note bearing tRTEl~t1[X9[JihtY6tiipSlimti '.
<br />and shall Pay all taxes and assessments hrvied ulwn said ttal estate, and all other taxes, levies and assessments i_viid ulwn this !
<br />mortgage or the note-which this mortgage is given to secure, before the alma becomes delinquent, and keep the buildings on
<br />said premises insurckl fur the sum of 3 55,000.00 ,toss, if any, payable to the said mortgagee. then these presents -
<br />!o be void, otherwise to 6e and remain in full force.
<br />IT IS FURTHER AGREED (1) That if [he said mortgagor shall fail to pay such taxes or procure such insurance, the
<br />said mortgagee may pay such taxes and procure such insurance; end the sum so advanecst, with interest at 14 per
<br />cent, shall be repaid by said mortgagor, and this mortgage shall stand as security fur the sumo. (2) Tha[ a failurn to pay any
<br />of said money, either Principal or interest, when the same becomes dun, or a failure [n comply with any of the foregoing
<br />agreements, shall cause the whole sum of money herein scs-ured to become due mtd collectible at once at the option of the '.
<br />mortgagee.
<br />Signed this 26 doy of August I9 80 ••~(~.,.,~ ~/~//~J~~.
<br />presence of .a:fw!L.^-.r!.',?+.'!~ .c:.~..'-,..4.N:'.4/.~Y~.~'SF. T.:~,r..c~......
<br />STATE GF ................~..~.$~l~~.............._...._....... County uf...............Hell..... .._. ............,. ..: ~.
<br />..Betore me, a notary public quaiifiod for said county, personally come Gurdott J. Scarborough
<br />known to me to be the identical person or persona who signed the foregoing instrument and acknowledged the execution '
<br />thezeof to ba his, her or their voluntary act and deed. ;
<br />_ _..
<br />-:Witness WY hand oral n Q9raxv ._... _. ... Augua .6 ... D
<br />..ti;., ~ ,:t . M MN.sra ~ "~
<br />MY commiesfon ezpirea:... ._„y ..............._..,..~RtjYL6° .:_. _._. ...... ... - .e. _. ...._~--r.NoWry Pubfia
<br />9TATE.-0~ ................_.._..................._...................._..... Entered on numerieai index and fded for record
<br />CouatY ........................................... in the Register of Deeds Office of said County the
<br />................................. as.
<br />_ ......................day of......................_......................... 19....._._.., at...._..........................o'clock and._............._............minutea ......................M.,
<br />artd recorded in Book....._ ...................................of...........-..__._._..............at page.............._......................_......
<br />._...._ ............._......__.._....._.__._.._..._............ _.......Reg. o€ Doeda
<br />By ................_._....._._._......... _.._..... ......._ ._.. _.._...__...Deputy
<br />
|