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L ESTATE MORTGAGE-(Muth Tax Clatrae) Rev. 78
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<br />Huffman and Felton 8 Wolf. Walton, Ne. 68461 --..
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<br />KNOW ALL MEN BY THESE PRESENTS: That RICHARD D. HUSSOOM and VIRGINIA I•.
<br />HUSSOOM, Husband and Wife,
<br />of Hall County, and State of Nebraska in consideration of the sum of
<br />FOURTEEN THOUSAND AND NOf100'rHS-_______-_--(~itt,000.00~----°-----DOLLARS
<br />in hand paid, do hereby SELL and CONVEY unto R7JDOLF F. PLATE and JEANNICE R, PLATE,
<br />Husband and Wife & RICHARD L. DEIST and BARBARA D. DEIST, Husband and Wi.
<br />of Hall County, State of NebTSSkg thefollowsngdeacribedpremisessituated
<br />in Hall County, and State of Nebraska . to-wit:
<br />Lot Nineteen (79) in Westgate Subdivision,
<br />Hall County, Nebraska.
<br />The intention being to convey hereby an absolute title in fee simple, including all the righiv of homestead and dowor.
<br />TO HAVE AND TO HOLD the premises above described, with all the appurtenances thereunto belonging, unto the said
<br />mortgagee(s) and to hiq her or their heirs and assigns forever, provided always, and these presents are upon the ezpress
<br />condition that if the said mortgagor(s), his, her or i:reir heirs, ezecuWrs, adrainistrata~n ar assir«s shall pay or o'ause to be
<br />paid to the said mortgagee(s), his, her or their heirs, ezecuWrs, administrators or assigns, the principal sum of $ t li , OJO.00
<br />payable as follows, to wit:
<br />The X14,000.00 to be carried by the bfortgagees will be on a Five (S)
<br />year baste with $2,800.00 due September 7S, 7981 plus interest at the
<br />rate of 73~ii per annum (y1,820.00~. Interest will be negotiated by
<br />Mortgagor and Mortgagee en September tst of each year for the coming i
<br />years. If the interest rate cannot be satisfactorily negotiated and
<br />agreed up on,tbe Mortgagor agrees to pay the unpaid grincipal balance
<br />plus accrued interest in full at the anniversary date of the loan. It
<br />3s further agreed that the Mortgagor reserves the right to pay the loan 1
<br />is full at anytime without any prepayment penalty,
<br />wish interest according to the terror amt effect of the mortgagors written proariseFry note bearing even date with theca presents j
<br />sad shall pay all taxes and assessments levied upon said real estate, and all other fazes, levies and assessmer.ta levied upon this
<br />mortgage or the note which this mortgage is given to secrrre, before the same hecames delinquent, and keep the buildings on i
<br />said Premises insured for the sum of $ .loss. if any. payable to the said mortgagee, then these prreenta i
<br />to be void, otherwise to be and remain in full forcr.
<br />IT IS FU}TfHER AGREED (1} That if the said mortgagor shag fail to pay such taxes or procure such insurance, the j
<br />said mortgagee may pay such razes and Procure such insurance: and the sum so advanced, with interest at per '.
<br />cent, shall be repaid by said mortgagor, and thin mortgage strap stand as security for ftre same. (2) That a failure to pay any
<br />of said money, either principal or interest, when the same becomes due, ore failure to comply with any of the [otegoirrg
<br />agreements, strait cause the x-hole sum of money herein secured to became due and rollecfible at once at the option of the ~.
<br />mortgagee.
<br />Siprrdthic 75th day of September 19 80
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<br />In prasertee of _ _ ... ... ~ ...;: ~~; . _ r .. , .. .__.. _. _._ ,
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<br />STATE OF ..... , "?E$Rti~?~~.. ........ Cotmty of .......$a 11 .............. .
<br />Tate foregoing instrument was aeknawladged before me ...September i ? 19 ~~. .
<br />~ R,ICIiARD _D,. SUSBOO!Ml and VIRGINIA L. BUSBOOM, Husband and Wife
<br />~J,M~r. Signature of Pe Taking Acknowledgment
<br />.Orip~~
<br />"~"^"'~ Notary Public
<br />Title
<br />_I _STAT& OF......_....._.___.._._..__..._.._..__...__...- ... ~ Entered on numorical index nerd filed fur record;
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<br />in the Register o[ Deeds Offioe of said Cotmty the
<br />ty ...-_-._........_..._..._°-°- . __._-- ° .................._.
<br />% - ._....___drty at..._...._.._......._..,..-..---._._._., t9__... _...., aL..__..-.--....._--.__.a'elack aarl.._._._ .... __. mfautea ....... .. .M.,
<br />....__.
<br />{'S i said raoosiad, in, Hook..._..____.._..,..._........_.._..at.........._......_.......__..-_...at page.......__._.._._......__. '..
<br />~~ ~ ~~....._. Reg. of Deeds
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<br />"- j ~----. __ .__....._ _ DrputY
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