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<br />REAL ESTATE- MORTGAGE ~ ~ r {) 1.1 ~ t ~gu
<br />KNOW ALL MEN BY THESE PRESENTS THAT JAMES P. JAKUB0W5~I,.
<br />a single person, hereinafter referred to as Mortgagor, in con-
<br />sideration of the sum of Twelve Thousand. Eight Hundred & ne/100ths
<br />Collars (512,804..00} in hand paid, do hereby sell and convey unto
<br />vFAA GAGE and JERRY D. CASE, hereinafter referred to as
<br />Mortgagees, the fallowing described premises situated in Hall.
<br />Gounty, Nebraska
<br />East Thirty Feet (E30`} of Lot Six (6} Black
<br />Sixteen {16}, Ori~tinal Town, now Gity cf Grand
<br />Island, Ha11 County, Nebraska
<br />TO HAVE AHD TO HOLD the premises above described with all
<br />ti:e appurtenances thereunto belonging unto tk(e said Mortgagees
<br />and to their heirs ar personal representatives, forever, pro--
<br />vided, always, and these presents are upon the express con-
<br />dition that if the aforesaid Mc~rtgagar, his heirs or personal
<br />representatives sha11 pay or cause to be paid to the said
<br />Mortgagees, their heirs or personal representatives, the sum
<br />of Twelve Thousand Eight Hundred ~ naj100ths Dollars (512,800.00}
<br />with :.Merest thereon, payable all according to the tenure and
<br />effect of a certair, promissory cote executed by JAMES P.
<br />JAxUBf7WSKI, and delivered to VERA CASE and JERRY D. CASE on
<br />Fetrruary 19, 1981 and shall pay all taxes and assessments levied
<br />upon said real estate, and xeep the buildings on said premises
<br />insured, then these presents to be void, otherwise tc be and
<br />eemair. in full farce.
<br />The Mortgagor agrees to purchase insurance on the property
<br />in the amaunr_ of at least Twa_lue Thousand r,icht Hundred and
<br />noj104ths Jcliars (51~,8J0.JG'). Said insurance sha11 name
<br />the Mortgagees as the loss payee. '~ortyagor shall furnish to
<br />?~ortgagees a certificate evidencing the fac*_ that such in-
<br />surance has been prcacured and ,.hat it is in fu11 force and
<br />effect and further that the same canret oe terminated without
<br />reasonatrie notice to rite :9ortgagees. '"l:is ,._rtificate shall
<br />be obtained ~+rior to Fectruary iy, _981.
<br />It is further agreed that (1 If t<te said ~iartyagor shall
<br />fail to pay such texas and rocure such insurance, the said
<br />Mortgagees may oar such taxes and ?racure such insurance;
<br />and the sum .so advanced with interest in accordance with the
<br />said Aramissory dote hall be paid uy said 4ortgagar, and
<br />tP21S ~f3r tCSage Silati JLdil?`i as ociurity ivr ~a:+ic. .':j `i'::at .~
<br />bailors to pay any cf said mane r, ?ither principal or interest
<br />~rhen the ,same becomes ..ue, cr failure to c;;mplir with all of
<br />"the foregoing agreements, ;}tali cause trte whole sum of
<br />Honey herein secu•ed to became cue and collectible at once
<br />at the option of the Mortagees.
<br />5ianed this ~ day of ~~= •~_ ,~ lyBi.
<br />~ r~ j
<br />~ ; ? ,
<br />r
<br />i
<br />STATE OF NEBRASKA}
<br />(ss:
<br />COUNTY QP HALL 1
<br />c:n this i#' da=y of -~`_<~''-""`r_ I981, trefore :ne, she.
<br />undersigned, a ;rotary ~ubiie dal°~ commissioned and gualified
<br />fssr in said County, personally Dame .'amen ~. .:a~::~cuw5~ei, a
<br />si;+tgle person, to me personally <nc.~wn and acknowledgeu the
<br />execration thereof tc~ be his vnluntar•r act and deed.
<br />Witnea~s ray hand and notarial seal in said County, the
<br />day and :rear :cast a~ve written.
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