<br />u ~ 52-A-REAL ESTATE MORTGAGE-(With Tax Clause) Rev.~~~ ~ ~ ~ ~ ~ Huffman and Felton & Wolf, Walton. tk. 68461
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<br />KNOW ALL MEN BY" THESE PRESEb^PS: That ELWIN T, KING AIdD BONNIE I. KING,
<br />HUSBAND AND WIFE
<br />of HALL County, and State of NEBRASKA , in conaideratioa of the srmm of
<br />TEN THOUSAND AND NO/100---------------------~----~--~____~_.w_-^-^-DOLLARS
<br />in hand paid, do hereby SELL and CONVEY unto THE FIRST NATIONAL BANK OF GRAND ISLAND,
<br />GRAND ISLAND, NEBRASKA
<br />of FIp~Z,I, County. State of NEBRASKA the followittg deecdbed premises situated
<br />in gp,I,I, County, and State of NEBRASKA , to-wit:
<br />LOT SIX (6) IN BLOCK ONE HUNDRED FORTY-SIX (146) OF UNION PACIFIC RAIL-
<br />WAY COMPANY'S SECOND ADDITION TO GRAND ISLAND, ZN HALL COUNTY, NEBRASKA.
<br />The intention being to convey hereby an absolute title ir. fee simple, including all the rights of homestead and dower.
<br />TO HAVF. AND TO HOLD the Premises above described, with all the appurtenances thereunto belonging, unto the said
<br />mortgagee(s) and to his, her nr their heirs and assigns forever, provided always, and these presents are upon the eaprese
<br />nmdition 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 or their heirs, executors, administrators or assigns, the principal sum of $ 10 , 0 0 0 . 0
<br />payable as follows, to wit:
<br />FIFTY-DIINE (59) MONTHLY INSTALLMENTS GF $152.28 OF PRINCIPAL & INTEREST
<br />COD4MENCTNG DECEMBER 1, 1980 AND ONE FItIA7, INSTALLMENT OF $6,769.61 DUE
<br />& PAYABLE NOVEDiBER 1, 1985. FINAL PAYb9ENT ZS A BALLOON PAYMENT AND THE
<br />LENDER WILL CONSIDER REFINANCE.
<br />wills interest according to the tenor and efie w of [he mortgagors written promissory note bearing even date with these presents
<br />~ and shalt pay all taxes and ussessments levied upon said real ostate, and sdl other texas, levies and asaessmenk leyieit open this
<br />m~urEgage or the note -whic}r this mortgage +s given to sets re, before the same beeemes delinqueak, and keep the buildings on
<br />said prami. rs insured tar the .um cf S 10, 000, 00 ,lays, of az+y, psYahhr ra the said msrrigage~, Lhen theso presents
<br />to ba void, otherwise to be xnd remain in full toree.
<br />- IT IS FURTtiE:R A[;RF.EB (il That if the said rnortga gor shah tail in pay such faxes or pnx,ure such insurance, khe
<br />said mortgagee may pay such taxes v+d pnu•ure such insurnnc e; and the sum so advanced, with interest at S1Xt E'2n per
<br />cent, shell tm repaid by said mortgagoq and this mortgage shall stand as security far the same. F2) That a failure to pay any
<br />f of said money, either principal or interest, when the same Imcomea due, or a failure to comply with any o[ the foregoing
<br />' agreements, shall cause the whole sum of money herein secured to become due and collectible at once at,the option of the
<br />~ mortgagee.
<br />Signed this 6 day of OCTOBER is BO .
<br />~ In presence of
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<br />E C^7TN fi:
<br />ICING
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<br />;: ~ STATF. OF ....... ...NEBRASKA....... ,County oC .......HALL.. .
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<br />The Core Oing i ,
<br />ns~r •knowledged bef'ure me , , ..... , OC~OBER _ 6 .. , , ..19 8 ~. .
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<br />by .....~FtW7,~:1; T ....,
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<br />IE !,. KING, HUSBANU & WILL
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<br />~ Signs ,arson Taking Acknowledgment
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<br />:: ~' 16y Colltmiss~on ~F'i(~` 4 ..........NOTARY. .PABLIC ......................
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<br />Title
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<br />' STATE OF ................_..._ _...._..............._.._........_...-.... Entered nn numerical index and filed for retrord
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<br />Cpunty ..._..._......__._......
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<br />~ in the Register of Deeds O@ice of said County the
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<br />~ ..... ....... .... day of....... _.. .. _... ...... .. ...., 19. ..._..._, at ._............ _._.o clock and....__...._._._._......minutes ........._... ....... M.,
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<br />u and rerorded in Hook.... ...._........_._..__...._...._.of...... ..-.._.-......_.-......_.......at page_.._._ ................-~-------_...... ~..
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<br />r ...____............___..........._......._._-..__-. ...... ..-_-Reg. of Deeds
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<br />Hy. ..... .. ..... ..__ ._... -............Deputy
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