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<br />Co~nencing at a point One Hundred Seven and Five-Tenths
<br />(107.5) Feet GPest of the Northeast Corner of said Lot Eleven
<br />(II), +ahich point is on Che Northwesterly side of said Lot
<br />Eleven (11), and being the point of beginning; running thence
<br />Westerly along fkze lorthwesterly Tine of said Lot Fiieven f iY~,
<br />far a distance of Sixty-Eight (68) Feet and to the Narthwe,st
<br />Corner of said Lot Eleven (II), running thence aoutheasterl~r
<br />and along and upon the Southwestersp line o£ said Lat Eleven-
<br />(11}, a distance of Twenty-Five (25) Feet; running`theace
<br />Northeasterly and parallel to the Northwesterly Line of said
<br />Lot Eleven (11), a distance of Sixty-Eight (68) Feet, -sare
<br />or Less, and running thence Northwesterlyy and parallel to
<br />the Easterly line of said Lot Eleven (I1), a distance of
<br />Twenty-Five (2S) Feet, more or less, and to the point of
<br />beginning.
<br />-The intention being to convey hereby an absolute title in fee simple
<br />including a1I the rights of homestead and dower.
<br />TO HAVE AND TO HOLD the premises above described, with aII the
<br />appurtenances thereunto belonging, unto the said mortgagees and to hfs,
<br />her, or their heirs and assigns forever, provided always, and these
<br />presents are upon the express condition that if said mortgagor, its
<br />successors or assigns shall pay or cause to be paid to the said mort-
<br />gagees, his, her or their heirs, personal representatives, or assigns,
<br />the principal sum of ~43,000.~, payable as follows, to-wit:
<br />In 24O equal monthly amortizing payments of X582.18
<br />each month, including interest at 25~~ per annum; with
<br />any unpaid balance payable in a lump sum within six
<br />months after the data of death of Marguerite W. Lysinger,
<br />with interest according~ta the tenor and effect of the mortgagoz's
<br />written promissory note bearing even date k*ith these presents and
<br />shall pay all taxes and assessments levied upon said real estate, and
<br />all other taxes, levies and assessments levied upon this mortgage or
<br />the note which this nortgage is given to secure, before the same be-
<br />comes delinquent, and keep the buildings on said premises insured
<br />for the unpaid principal balance with interest, loss, if any,payable
<br />to the said mortgagees, then these presents to be void, otherwise to be
<br />and re~aain in full fozce.
<br />IT IS fVRTHER ACI€£ED (i) That if the said mortgagor shall fail to
<br />pay such tales or procure such insurance, the said mortgagees may pay
<br />such taxes and procure such insurance; and the sum so advanced, with
<br />interest at lb per cent, shall be repaid by said mortgagor, and this
<br />mortgage shall stand as security for the same. (2) That a failure to
<br />pay any of said money, either principal or interest, when the same be-
<br />come due, or a failure to comply with any of the foregoing agreements,
<br />:••°~s#tall cause the whole sum of money herein secured to become due and
<br />~^;y~~c.IZ;2¢tible at once at the option of the mortgagees, but subject to the
<br />p~pvans for notice contained in the note which this mortgage secures.
<br />- -- ~gned this ?nd day of .lanuary, 1981.
<br />- ~,~_~ ,"°`` ~2,'*PID C_AltaO1dIC, INC., a Nebraska
<br />~., .~. corporation.
<br />Its Pr si end
<br />;- sraa~ OF ~~;sKA >
<br />~~.
<br />of HALL )
<br />The foreging instrument was acknowledged before me Jaezuar,r '', 1981,
<br />by dal Pichler, President of and :~n behal cif Rapid C rbonic, Inc.,
<br />a 1~ebrasica corporation. ~, _
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<br />o a y is ~'
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<br />!#y co~oair~sion expires ~~.~"
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