|
52-A-REAL ESTATE MORTGAGE-(With Tax Clause) Rev. 78 Huffman and Felton & Walt, Walton, Ne. 88461 { ~~~
<br />KNOW ALL MEN BY THESE PRESENTS: That H. EUGENE BISHOP AND ELAINE J. BISHCPr
<br />HLISBAND AND WIFE
<br />of HALL County, and State of NEBRASKA , in considerntion of the sum of
<br />FORTY-FIVE THOUSAND AND NO/100-_,_...r_,~-r. -,__.., _.._r,_.,_r~'.-_- -,.., -,.-_, .r-DOLLARS
<br />in hand paid, do hereby SELL and CONVEY unto THE FIRST NATIONAL BANK OF GRAIJD ISLAND.
<br />GRAND ISLAND, NEBRASKA
<br />of HALL County, State of NEBRASKA the following deseribed premises situated
<br />in HALL County, and State of NEBRASKA , to-wit:
<br />LOTS THREE (3), FOUR (4} AND FIVE (5}, BLOCK NINETY-SEVEN
<br />(97), SECTION SIXTEEN (16), PLATTED AS RAILROAD ADDITION
<br />TC THE CITY OF G_RAPID ISLAND, HALL COUNTY, NEBRASKA.
<br />The intention being to cronvey hereby an absolute title ut fee simple., including all the rights of homestead and dower
<br />TO HAVE AND TO HOLD the Premises atwve dexribed, with aR the appurtenances thereunto belonging, unto the said
<br />mottgagee(s) and to his, her or Yheir heirs and assigns forever, provided always, and these pzesents are upon the ezpre~
<br />condition chat if the said mortgagor(s), his, her or their heirs, executors, administrators or assigns shall pay ar cause to be
<br />paid to the said mortgagee(s), his, her or their heirs, executors, administrators nr assigns, the principal sum of $ 4 ~ , OOO . OO
<br />pavable as follows, to wit:
<br />ONE HUNDRED NINETEEN (119) MONTHLY INSTALLMENT OF $479.90 INCLUDING
<br />PRINCIPAL AND INTEREST COI~]~`.ENCING NOVEP4BER 1, 1980 AIvrD ONE FINAL
<br />INSTALLMENT OF $34,611.30 DUE 6 PAYABLE ON OCTOBER 1, 1990. THE
<br />FINAL INSTALLNt.ENT IS A BALLOON AND THE LENDER WILL CONSIDER REFINANCE.
<br />i
<br />with interest accardittg fo the tenor and effect of the mortgagore written pmmissory note bearing even date with these presents 1
<br />and shad pay all taxes snd assessments levied ulwn said real estate, and all other fazes, levies and assessments levied upon this
<br />mortgage or the note -which this mortgage is given to see:ure, before the same becomes delinquent, and keep the builditrga on ~
<br />said premises insured €or the sum of S 45, 000.40 ,loss, if any, payable to the said mortgagee, then these presents
<br />to be void, otherwise to oe and remain is full force.
<br />IT 15 FURTHER AGREED (1) That if the said mortgagor shat) fail to pay such taxes or procure ouch insurance, the
<br />said mortgagee tray pay such taxes :md pnx-ttre such insurance; and the sum so advanced, with interest at S1XtEE'..n perj
<br />cent, shall be repaid by said mortgagor, and thi mortgagr shall stand as security for the same. (?) That a failure to pay any ~
<br />of said money. either principal or interest, when the same becomes due, or a failure to comply with any of the foregoing{
<br />agreenteais, shall cause the whole sum of money herein secured to become due arxd coliectiMe at crrce at the option of the ~
<br />mar<SaB~.
<br />Signed this 2 3 day of SEPTE*1BE?: . 19 80
<br />_. Ia ptesent~ of :° ~ _.__._ -_...._. __._.
<br />Y"
<br />. `
<br />H . E I5 ,~`
<br />.,..__._.. _._ .... _ ._...._ _ ELAINE 3. HOP' -/-) _ ..
<br />SPATE OF .....NEBRA&KiL .... ....... (',ounty of .......F1A3,L ...............
<br />TLe foregoing instrtttrte wledged before tre ... SEP.TE.^58.E;L ... ...2 3- - ........19 $.0 ..
<br />~E M.O
<br />6y.H...E[LGENE..13 T ~ J. BISHOP, HUSBnRD AND P7IFE.
<br />'~'f f v- i~ S, ~1 \
<br />,, * ~ Signature of Person Taking Ackrtowledgment
<br />h?Y Cr;`tmtission E
<br />`Pule
<br />$lA1$ OF....._..__....... __..-._._--.-.-_._.._._. _..__.... __...' Entered an numerical index and filed fur recartij
<br />County _._.___...._..___..,_.__...-__....._ .............._ _. __. _ j src is the Register of Deeds O9ice of said Caunty tlx;
<br />.__..-°...._......day d..,__....._.-..._._._.........-_......, 79.... ..__. at._.... ~._.......__.___o'dnak and._..._...... .mi.ttutes .. M.,i
<br />tmd reeocdad in Hook..... _ -_... _... _._ .- of.. _ _.. _. - .... __st page.._ .. .__ ..... ..
<br />Reg. of Iaeals
<br />_ By.... Ih~putY ~
<br />
|