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52-A-REAL ESTATE MORTGAGE-(With Tax Clauu) (Revised 1982) T/v tioQm® Gmenl a~mely Elmo, I.iemm, 2iir.
<br />1:1iTOW ALL MEN BY THESE PRESENTS: That Itaren A- McCoy
<br />of Hall County. and State of Nebraska . ~ rnusideration ~ the ~ ~
<br />Twenty Two Thousand Four Hundred Seventy Five and OOJ100-------------------- DOLLARS
<br />in hand paid, do hereby SELL and CONVEY unto FIVE POINTS BANK
<br />of Hall County, State of Nebraska the following described premises situated
<br />~ Hall County, and State of Nebraska ~ , to-wit: -
<br />Lot Three <3), in Hlock One (1), in Windolph's Addition
<br />to the City of Grand Island, Nebraska
<br />The intention being to rnnvey hereby an absolute title in tee simple, including all the 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 exprase
<br />condition that if the said mortgagor(s), his, her or their heirs, executors, administrators or assigns shall pay or cause to be
<br />paid to the said mortgagee(s), his, her ur their heirs, executors, administrators or assigns, the principal sum of $ 22 475.00
<br />payable es follows, to wit:
<br />Payable on or before 180 days, February 16, 1981
<br />date: August 20, 148
<br />with interest according to the tenor and effect o[ the mortgagors written promissory note hearing avut~tta{mta6[!!ht~gtlWHnttt
<br />and shall pay sli taxes and ~aasessments levied u[wn said real estate, and all other Wxea, levies and assessments Lvird u{wn this
<br />mortgage or the note 'which this mortgage is given to secure, before the same becomes delinyuenL and keep the buildings on
<br />Bald premises insured fur the sum of $ 22,475.00 ,loss, it nny, payable [o the said mortgagee, then Lheae Presents
<br />to be void, otherwise to be and remain in full force.
<br />IT IS FURTHER AGE2EEU (t) 'That if the said mortgagor shell fait to Pay such taxes or procure such insurance, the
<br />said mortgagee may Pay such taxes and Pnx;ure such insurance; and the sum so advanced, with interest ai 14 per
<br />cent, shall be repaid by said mortgagor, and [his mortgage shall stand as security for the same. i=) Thflt a failure to pay arty
<br />of said money, either Principal or interest, when the same becomes due, or a failure to comply with any of the foregoing
<br />agreements, shall cause the whole sum of money herein secured to become due and mlleclible ul once at the option of the
<br />mortgagee.
<br />Signed this 20 day of August t9 80
<br />In pxeaena• of - ... __._
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<br />R_-i _.. ._._. ...
<br />,~--~ STATE OF_..~.a$.~1 _._..._.._........_... Cx>unty of. ..Hall.. ~~
<br />~ $afore me, a notary public qualified for said county, Perswtnlly came Karen A. DinCOy -
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<br />,~ known _to me to be the identical person or pezsons who sign ad the foregoing irretrument and acknowledgw3 the executio~ i
<br />~ tbareof-to .be his, her pr theirt lustarY..d d_ Qe.~~~~
<br />~A1~ wlw i
<br />lVttnees my hand and rm seaf •M{NHIT.......August. 20. __ f9 8~....,
<br />~ ~M~wdRxaon to t+et ..
<br />h ~ My rnrnmiaelon axPirea :.... ......... ... .. ..... .... l9. - _L.-.~..1 ~!>'"'~ ~LU,12~d`~-.._..Notary 1'ubhc.
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<br />;'. ~ STATE OF ........................................... _.................._.. .. Entered on numerical index and fded for record
<br />i ~ in the I2egiaWr of 17eeda U[hco of grid County they
<br />t County ......._ ...................._........_,_......................_........~ as.
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<br />........................daY of................... _.........._..............., 19............, at......_................ _......o'clock and........_............_,.. _minutea ._..._.........._-M., i
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<br />.. ! sad recorded in Hook._...--..__....-."-_..._._._of..__ ........................_.... _..at page-..... _.__.._....__......_.... _.__ i
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<br />;` ~ ..__.. ______._._ .....__._.._. ._........ ....Reg- of 13~-ds
<br />i, V B .. .. .. Depllty ~~
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