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<br />S2-A-REAL E8TATE MORT6AQE-(with Tax Clause) Ftev. 78 Nuftman and Felton 8 Wolf, Walton, Ne. 68461 ~ `
<br />DCNOW ALL MEN BY THESE PRESENTS: That SCOTT C. LANE and CINDRA K. LANE,
<br />Husband and Wife
<br />of Ha 11 County, and State of N e b ra 5 k a , in consideration of the sum of
<br />SEVEN THOUSAND AND NC/100THS---------------($7,000.00)-------------i~oLLARe
<br />in hand paid, do hereby SELL and CONVEY uneo Da-Ly Realty & Insurance Inc., DBA
<br />Da-Ly Insurance & Finance
<br />of Hai 1 County, state of Nebraska the following described premises eitaatad
<br />in Ha 11 County, and state of Nebraska , to-wit:
<br />The northerly one-half of Lots Gne (1) and Two (2) in B1oCk
<br />Sixty-Eight (68) of Wheeler and Bennett's Second Addition in
<br />the City of Grand Island, Ha11 County, Nebraska
<br />The intention being to rnnvey hereby an absolute title is fee simple, including all the rights of homestead and dower.
<br />TO HAVE AND TO HOLD the premises above described, with all the appurtenances thereunto belonging, unto the eaid
<br />mortgagee(s) and to his, her or their heirs and assigns forever, provided always, and these presents are upon the express
<br />condition that if the said mortgagor(s), his, her or their heizs, executors, administrators or assigns shall pay or cause to be
<br />paid fo the said mortgagee(s), his, her of their heirs, ezecutors, administrators or assigns, the principal sum of S 7 , OOO . OO
<br />payable as iollows, to wit:
<br />$7,000.00 payable in 24 monthly installments of X351.69 each
<br />with interest of 19.26. Payments due on the first day of
<br />each month consecutively, commencing with '•?arch 1, 1981.
<br />with interest according to the tenor and effect of the mortgagors written promissory note bearing even date with these presents j
<br />and shall pay all taxes and assessments levied upon said real estate, and all other taxes, levies and assessments levied upon this
<br />mortgage or the note 'which this mortgage is given to secure, before the same becomes delinquent, and keep the buildings on
<br />said premises insured for the sum of 8 29, OQO.OO ,loss, if any, payable to the said mortgagee, then these presents
<br />to be void, otherwise to be and remain in folk force.
<br />IT iS FURTHER AGREED (1) That if the said mortgagor shall fail to pay such taxes ar procure such insurance, the ~
<br />said mortgagee may pay such taxes and procure such insurance; and the stun so advanced, with interest st 1 9.26 pet
<br />cent, shall be repaid by said mortgagoq and this mortgage shall stand as security fur the same. (2) That a failure to pay any I
<br />of said money, either principal or interest, when the same becomes due, or a failure to tromply with any of the foregoing
<br />agreements, shall cause the wholes of money herein secured to become due and collectible at once at the option of the
<br />mortgagee. n ~ ,
<br />Signed this ~OC day of 19~/
<br />(7 i
<br />In presence of X.. ...-~- - --°-~- --..._~~.:.--.~4!v_ !:.!!~r...._.._.-'----.........-..- i
<br />!~~ru.~.~.~
<br />. _ _ - ~~r..~....... ~.
<br />STATE OF . ...........................County of ..... .............. .....:
<br />The foregoing instrument was acknowledged before me ..~!~ ... .............. .. ~~...19 ~,l
<br />by ............................
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<br />.............................................
<br />~~iM/tt~iA~ Si tore of Person Taking Acknowledgment
<br />MRO~r-tnFDtr1>r11
<br />Title
<br />STATE OF..._..._ ..............._..-...._...-.....-._._._........ .- ~ Entered on numerical indez and filed for record
<br />County ..,....-_.._..._....._._.__ ...:_ .. ..-._...-...._ -...___.. ~ in the Register of Deeds Office of said County the
<br />._ _._.,...°_._...diyy ef........ .___..._..__.._.. _._. _.... 19.__._..., at..._....._.....-----~--......a'ciock atut__ ...........:.._ .....- minutes ........,-............M.,
<br />sad recorded in Book._. __ .._ _._ _..___ -. ot.... _ ._-- -........- ..._...et page.......-- ---..._._ ............ .... .
<br />_ ._.. -._-__ .. -_-._..---.._ ....Reg, of Deeds
<br />- BY..-. _ . _. ._ . _- ....- _..... ....Deputy
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