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<br />53-AeREAL ESTATE MONTGAGE-{With Tax Clause) Rev 7R Huffman and Felton & Wall, Walton, fk. 68461
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<br />)KNOW ALL MEN BY THESE PRESENTS: That t''~ J. """1.) if U t7 CJ U
<br />MERVIN L. SCHWEITZER, single
<br />of Ha 11 County, and State of Nebraska , ;,, eottsideratiwt of thta sum of
<br />~ ELEVEN THOUSAND DOLLARS ($11,000.00)-----------------~----------~pLLAiig'.
<br />~ in hand paid, do hereby SELL and CONVEY unto
<br />! DAViD L. SC'riAFFE',?. and FRANCES F. SCHAFFER, as joint tens'=ts
<br />Hall County. State of Nebraska the following descri6ad.prsmis~atrt_.-
<br />in Hall County, and State of Nebraska , Wwitt
<br />Lot Fourteen (14), in Block Nine (9),
<br />in the Original Town of Cairo, Hall
<br />County, Nebraska
<br />The intention being to rnnvey hereby an absolute tide in fee simple. including all the rights of homestead amt dower.
<br />TO HAVE AND'I'f) HOLD the premises above• drscrihad, wtt}t all Ehe appurtenances thereunto belonging, oats the sniff
<br />mortgaKeefs) and to his, her or their heirs sod assigns fore=ver, prnrtderl slways. and these prevents are upon the es,~reas
<br />condition that if the said mortgagorfs}. hts, her nr their heir=. ezecvtnrs. admmtstrators =~r assia-ns shall pay or cause to be
<br />paid to the said mort~ageetsl. his, her ur their heirs, executors. administrator nr assigns, the principal sum of x11,000.00
<br />payable as follows, to wit:
<br />$11,000.00 principal, plus interest, at 11 percent per
<br />annum on the unpaid principal balance, payable in the
<br />amount of $239.17, principal and interest, beginning
<br />February 15, 1981, and a like amottnt on the same date
<br />each month thereafter for 60 months until fully paid.
<br />with interest according to tho tenor and effeci uC the murtgago r+ wntien Prom uury nuns eta ring rve•n date with these presents
<br />and shall pay all taxes and assessmants levnsi uix>n said real estate, and all other taxes, lr+~tra an<t assessmenlx levied upon this
<br />mortgage or the note -which this mortgage is given to secure. before the .amr tx.Yimes delinquent, and keep the buildings on
<br />said premises insured fur [he solo of X11 ,~O~i. ~0 ,Cuss, iC any, payab!e to she said mortgagee, then these presents
<br />to be void, otherwise to be and remain in full force.
<br />IT IS Ft-RTH ER AGft1iEU 11) `T'hat if the +aid n:ortga gor shall fail w pay such lazes or {irucure such insurance, the
<br />said mortgagee may pay such taze•s and lieu vre such imurattce, and the +u. .. advanc<Kl, with interest at 16 per
<br />ern[, shall be repaid by said mortgagor. and this mortgage xhall stand as -ac-curity (nr the wme- t2) `['hat a failure to pay any
<br />of said money. ei[ber principal ur imerest_ wfeen the ame becomes due, or :a fadun• to vxnply with any of the foregoing
<br />agreements, sha!1 cause dte whole sum, of money heroin : +.'ured to i>tv:ome due and cu!ltr:nb!e at nncr at fhe option of the
<br />mortgagee-
<br />Signed this ;~ / day of January ly 81
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<br />In presena• of < <y%C':Ca:~..l'u-fL-~.~-(--- --/`~-~ .... ......... ~ .......
<br />Mervin L. Schweitzer --
<br />STATE OF .......Nebraska. - - .... - . ,County of ..Hall ....................
<br />The foregoing instrument was acknowledged before me _ . .........J3nlLar)f ....~. t.......15 .sh .
<br />by. Mt„~ri.ri,L....Schwe~,tzer, single.
<br />t1( ~f~ti~-RMawMSar
<br />1 yv ~, .3i2.
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<br />Signature of Person Taking Acknowledgment
<br />i p"~ J" p„
<br />Title
<br />Entex~d nn numerical index and fi4d fcr record - ~!
<br />~~ in the. ReKister of I1ec•tis 08ice of said County tits
<br />ly . at-, dc!cek and... ~
<br />__ __.minutes ._. ....._ _.M., '.
<br />of .. .... A4 page.. .. - ... ..
<br />Reg. of 1)eada
<br />13y _ .. - .... Deputy
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