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- ~ 52•A-REAL E87ATE MGRTGAGE-(With Tax Clause) ftev, ;8 Hultman and Felton & Wolt, We(twr, tle. 68161
<br />KNOW ALL MEN BY THESF. PRESENTS: Thet. Jiames 1.. McElroy & Rosemarie B. McElroy, Husband
<br />Wife and Jahn W. Baker & Nancy J. Baker, Husband & Wife
<br />of Hal 1 County, and State of Nebraska , in consideration of the cams c
<br />Ni rte Thousand and ra1100----------------- ~~
<br />in hand paid. do herebyr SSLL slid CG,'dFnV unto Tice First Nayic?flai Bank 6f Grand ISIa'r'~, Grarru
<br />Island, Nebraska
<br />of Hal 1 County, State of Nebraska the following described pr~aissa situate
<br />in Hall County, and State of Nebraska •to-~~
<br />Lot Eight (8} in Block Thirteen {13) in Arnold and Abbott's Addition
<br />to the City of Grand Island, Ha11 County, Nebraska
<br />The intention being to convey hereby an absolute title in fee simple, including all the rights of homestead and dower.
<br />TO HAVE AtiD TO HOLD the premises atwvr described, with all the appurtenances thereunto belonging, unto the-said
<br />mortgagee(s) and to his, her or tht-ir heirs and assigns forever, provided always, and these presents are upon the express
<br />condition that if the said mortgagnrlsl. his, her ur Eheir heirs, esecutors, 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 ~ 9,l~Q,QQ
<br />payable as faliows, to wit:
<br />One Hundred Seventy-nine (179) monthly installments of $125.97,
<br />including principal and interest commencing March 1, 1981, and
<br />one final installment of $119.54 due and payable on February 1, 1996.
<br />with interest ac!vrd ing to the tenor and ettect of the murigagu rs written promissory note bearing even date with these presents
<br />and shall pus ull taxes and :3`+scssmenta Levied ulwn s;.sid real estate, and all other fancy, levies and assessments Levied ufwn this
<br />mortgage ur the note which this mortgage is gwen io secure, before the same becomes delinquent, and keep the buildings on
<br />said premises insurc~tl fur the Sum nt 3 9,000. QO ,loss, if any, payable to the said mortgagee, then these pt~eaenta
<br />to be void, otherwti'ce to be and remain m full [ores.
<br />tT IS t'UR'1'HEH AGRI•:EU (l) 't'hat if the said muriga gor shat) tail to pay such taxes or prceure such inBUrance, the
<br />said mortgagee may pay such taxes and pnx-ure such insurance; and the sum nu advanced, with interest at S1 %teen per
<br />cent, shall be repaid by said mortgagor, and this mortgage shall starul as sexcu city for the game. (2} That a failure to pay any
<br />of said nwney, either principal ur interest, when the wmr txcumes due, or a failure to cx,mp!y with any of the foregoing
<br />agreements, shx11 cause the whole sum ut looney hereto se,vrod to Mane due and collectible at om~e at the option of the
<br />mortgagee.
<br />Signed this 2gth say of January is 81 .
<br />~~
<br />` J ~ L ~f cE l roy , ~ ~ . ;• . .
<br />J er
<br />STATE OF ...Nebrds ka, ... , , ..._ _ _ • , .. , County of .. Ha 11
<br />The foregoing ia~r}t~tient was acknowledged before me . ~anudry 28 Lg 81
<br />~.:,~
<br />hy.~S.l., q~+ & i~b5 e B. McElroy, Husband and Wife and John W. Baker
<br />& Nancy ~~~ke~~T~µSbal~d Wife / / /t
<br />txrta~s
<br />~t
<br />''--`~v~, _ ;~''•~.~,t Signature of Person Taking Acknowledgment
<br />'MY Commission
<br />..................................................
<br />Title
<br />3'I'ATE OF.., ._- _ ...... _.... __. _ _ ... --. -_ - .. ') ~ Entered on nursarical index and filed for record]
<br />County -_....__ ...... ...... ._ __.. ..... _.....- isn the Register of L)se,Is Office of said County the]
<br />..„ __._ _-at$y of~---- - -.. .. ., 19..-.- -., at .............._. ....._..o'clockand.............- _r.._...minutee.. _. ......._..M..
<br />[sort r+ecz+rdar! in I3arc~h..- . -.._.._ . .....of_. .... ._ _ _ ..._.at Aaie........... ...._........._..... . i -
<br />__ _ . .... ... . . . ... Reg. o[ Deedxj
<br />1}y..- _ I?etntty;
<br />3
<br />x:-. i.
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