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t 53-A-REAL ESTATE MORTGAGE-ihri#h lax Ctause ; Revixd 1962] 'nr flaCmxn Coaeni g.R,ytp Elam, I~amta, N.AU,
<br />KNflW ALL MEN BY THE5E PRESEh"TS: THAT Robert S. Proffitt and T. P_. Proffitt, Husband
<br />and Wife, as ioint tenants with right of survivorship, each in their Dees rights and as
<br />~ ! spouse of the other (?Mortgagor '}
<br />i of Hall Court#y, and StAtr of Nebraska , in mnaideratioa of the sum of
<br />Two Htmdred Sixteen Thousand and no/100 -------------------------------- - Z~t}LLARS
<br />,~ ~ in baud paid, do he:ebp SELL and C9N4EY unto Cammereial national Basic & Trust Co. -
<br />fMottgagee )
<br />°f Hall County. and Sfs#r of Nebraska the foUnsving deaczibtd premises
<br />situated in Hall CauntY, and State of Nebraska ic+wit:
<br />hat Twelve (12), Regency by the Green Subdivision, an Addition to the City of Grand
<br />Island, Hall Cotunty, Nebraska.
<br />In the event the title to said real estate is trarsferred, or contracted to be trans-
<br />ferred, from the tutdersaid for any reascn or by any method whatsoever, the-entire
<br />principa3 stem and accrued interest shall at once become due and payable at tine eleation
<br />of the holderhereaf. Failure to exereiGe *_h_s option because of transfer of title as
<br />above stated in ona_ instance shall not constitute a waiver of the right to exercise the
<br />same in the event o£ any subsequent transfer.
<br />The i.n#t+nl.inn tieing G> rnnvey hereby an attsatute Yitte in Ere simple inc€uding a!1 fhe rights nt homestead and dower.
<br />Tfl H'AV'E AND Tf) Hf?LD the premtvE aixrv= described. with atf the appurtenances thereunto belonging unto the a
<br />said mortgagee and to 1t5 heirs and assigns, famve r, pnzetded always. and these presents are upon the express
<br />condition thaE if the aforesaid martgagar their heirs, ezecutnra, +fdministrators cr assigns shall pay or c:-use to he
<br />paid to the :;std mutt, ages its hates. e~xxutors, administrawrs t:r assigns, Lke sum of Two Hundred Sixteen -
<br />Theusand and no j100 -------------------------------------------iJollars, payable as Follows, to-wit:
<br />~~~ hdy~83t ~~ i
<br />nTafata~;bxtexx xsYixic~c };xg(~T
<br />a°5t:7' fed' 'sri~ i~lidK hx~¢i
<br />Edfii~2CK ri>Y~- XK Y7~~t
<br />xxth intt=rest therror. Ag payable _ l
<br />all acn~rdine to the tenor and affect of
<br />a certain vn~risvtry n,rtrl or notes of said ..shoe*._ s'. Proffitt and `" A, °rofditt da*_ed
<br />j~0 SiiGh `:tom ?t evt_ '~3y ... L<S gm__ t^ 1T? :-:red ~ ~~rs
<br />1Lij'1 r a-- -:- _ -`:~ f_ : ~ t- .¢_,~~"?--• ==`' -r ex__-•
<br />~...,.. ~hai1 att taa._. a.~3 as~~*^en a }ekita , _ ~R a! eta a."d a.l etb
<br />intro ~a'3~~~~'` -- _ . - - K _- -- . o.. .~ ._ ..xw i
<br />ievtee~ and asaraantents levies upur. thismwtgaFe ~',r+tha ae,te which this tnurtgage is given to secure, before the same bemmrr i
<br />drltralu - ~rt1 ksep t}xc i:u .. F..... ^<ti=; emir., ,..~raaf (~;r the anm .., $ 216, 000.00 leia.:T say. payable to
<br />the said•mort.gagrr, then these ~prescnis tc: F•he veal, +,therwiae to he acrd remain in full forre.
<br />IT [;z FURTHER AC7LF E:ll ill `Chat if the .+aM rmrtga gor shaft (ail to pay such taxes of ptxrcure such insurance, the
<br />said mortgagee may pay .uch taxes and pnxvn +!uch insurance; and t:~ sum so advanced, with interest et 13.75 per cent
<br />»haif he pard t: said rnortgagar..utd this marittagc shall statxi as stv-urity tar the same. (2} That a Failure W pay anY of said j
<br />mortry, titlser prirtupal <.s interest when the same betssanes due. or a fatlure to ttuapty wish asp of the foreguin8 agreements, j
<br />shall cause the whale rum of money herein secured tz, hrcnrt~ duv and ,ndicctihie at pticT~"at~-tdtu_p~ttion of tha mortgagee.
<br />Sigtted thix 31st say of :,C lobar -. , ~-7H 80 (\
<br />_~ }
<br />In prasencz nF "'i,.:y,,~J` i.~_ ~ - . t ..... .-. ~
<br />> Eic.a .. .~ DZGff1t.,
<br />'~ -'' \
<br />!t ,.
<br />- ST:#~S- f1F . -.,....-.,.2iebra., ...- _,.. County cf Hail....
<br />.._.
<br />tote fete. a unitcry puLfi[„qualiitr.~ ice said rnunty, 6`r rsonaily carne
<br />'.~ - ~~ .. rf1:t a:td T. _. :'rV .''.f'_tt
<br />St~,W ~. aan or, pexs¢tna who signed the inregmng insttvneent and ackrww(t~ged the execution
<br />Fttetc.F .~ ac# amt d~ S
<br />Witness nrY hand arui nntarial seal an.. .. v tuber., al ,, . . 1~.-_.3+~,_
<br />cittrraissizrs expites:. ['t.>t S ... ;d.:..:... ~-f_:1 -s' .},.vim
<br />- ~ - - Notary f=uhlic.
<br />~' i
<br />7;2.`eRTiu €?F ....... .... ..... . .... .... .. . .. - .. i Entered cm ait~veric;.l indez and filed fnr rrcnrd
<br />~.
<br />C'jri€rtY - - - - .... tr. Lhs Regtata't of L'?€eda t34'.ic2 of said C.auttLY the !
<br />,...... ter.. - iy. _.
<br />--.. a# ai-t.-,a: araF.. ntmutea h#.,
<br />- sat. _ a*- ~--.. .. . - ... -
<br />Fi~q. t>f Tte+sds
<br />CiepitY
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