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ii ; 52L{1~ REAL ESTATE MORTGAGE-f W ith Tax Clauu) 1?ev, 78 Huffman and Felton & Wolt, Walton, lla 68462 { _
<br />-KNOW ALL MEN BY THESE PRESENTS: That ARTHUR M. HOGAN, an unmarried man
<br />of Ha11 County, and State of Nebraska , in consideration of the sum of
<br />FIFTY-NINE THOUSAND NINE HUNDRED & no/100 ---($59,900.00}-------- DDLLARS
<br />in hand paid, do hereby SELL and CONVEY unto JOHN R. BURKHARDT and AtARILYN C.
<br />BURKHARDT, as joint tenants,
<br />~~ of Ha11 County, State of Nebraska the following described premises sitneted
<br />in Hall County, ana state of Nebraska •to-wtt:
<br />Lot One (1), in Block Six (6), Replat of Riverside
<br />Acres Addition to the City of Grand Island,
<br />Nebraska, commonly known as 2416 Apache Road
<br />in said City
<br />TATS IS A FifRCHAS^ ;~ON'~' 'r50~iG!10-?'
<br />The intention being to convey hereby an absolute title in fee simple, including all the rights of homestead and dower.
<br />TO HAVE AND TO HOLD the premises above described, wil.h all the appurtenances thereunto lwlonging, unto the acid
<br />mortgageefs) and to his, her or their heirs and assigns forever, provided always, and 1Hese Presents are upon the ezptess
<br />crondition that if the said mortgagor(s), his, her or their heirs, ezetvlors. administrators .~r a signs shall pay or cause to lte
<br />paid to the said mortgagee(s), his, her or their heirs, executors, administrators or assigns, the principal sum o£ $ 5(3 r (300 p~
<br />payable as follows, ir! wit:
<br />j` $525.67 per month commencing October 1, 1981 and a like
<br />amount on the first day of each month thereafter until
<br />~ September 1, 1986 at which time any then unpaid principal
<br />balance, plus accrued interest, shall be payable in a
<br />lump sum. Interest on the unpaid principal balance
<br />shall accrue from September 1, 1981 at 10% per annum and
<br />to be computed upon the unpaid principal balance.
<br />'. with interest according to the tenor and effect of the mortgagors written Promissory note bearing even date with thew presents
<br />and shat! fray all taxes and assa-,ssmants levied upon said rent carafe, :and all other taxes, levies and assessments levied uPOa this
<br />mortgage or the note which this mortgage is given to secure. ire(ore the same becomes delinquent, and keep the buildings on j
<br />~i raid premiers insured for the sum of ~h? uTlpald loss, at any, payable to the said mortgagee, then these presents
<br />'? ~ to be void, otherwise to be and remain rt toll force. balance
<br />~f ~ IT IS FURTHER AGREED (il That i( the said mortgagor shall fail to pay such [axes or prceure such insurance, the
<br />i said mortgagee mey pay such taxes and procure such insurance: and the sum so ndvancM, with interest at per ,
<br />~~ f cent, shall be re aid by said modgagur, and this mort 16~
<br />p gage shall stand as sr^,ourity fur the uame_ ('l) That a failure to PnY any
<br />j~ i of said money, either principal or interest, when the some 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 coil ruble sat once at the option of lho
<br />mortgagee.
<br />signed th;e 2nd say of September is 80
<br />~, ; ~ i
<br />~ ~';
<br />'I ~ In reaence of ~ ~ '
<br />p --~--~...'°".'~r - '.` .~.:L:~'`~t-12".:'...1 .,.,-
<br />Arthur rM` Hogan
<br />i ............. ................... ... ....._..... _._. ._ ...... _ _ _._ _..__... .......... _.. ...._ _.._.. ... I
<br />II,
<br />I STATE OF ..Nebraska ...............County of ..Hall.....................:
<br />„~
<br />I~ The foregoing instrument was acknowledged before me ..September. 2,. .................2980..
<br />'S ~ by .Arthur. it...Hagart,..an unmarried man, -
<br />{ glxfatrwlitrf-tuwrn.ww `
<br />~ I /iI~C.YA11r1 Signature of Person Taking Acknowledg en ~`~}"-~
<br />ii ~- !he.4•QL~7M
<br />ii
<br />1 Title Notary Public
<br />STATE OF_..._ .........................._.....__._........................ j Entered on rmmericat indox and filed for record L,
<br />Count 1} ~' in the Register of Deeds Ot&,•e of said County the ~
<br />y ........................................................................
<br />......_..__......_...day of ..............._._...._......_....._........ 19......._..., aL..._.._..__.._.______o clock and..._._._.___....___.mittutes ........______M., I
<br />and recorded in Haok ..............._.........._.............of...............___.........__......et pege_.,........._____..___........__..
<br />.............._....__.............._._......._.._.._..._.___.... .....Reg. of Deeds
<br />BY.__ ...__... .... .. __...._... .... ........ . _._......_PePttty j
<br />
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