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<br />~: ~ 52-A-REAL ESTATE Mt9RTGA,^,E--(WitA Tax Clautel Rev. 78 Huflman and Felton 8 Wolf Walton, 19e. 66161
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<br /> j KNOW ALL hfEN BY THESE PRESENTS: That Raymond E. Stahla and Dianne 12. Stahl
<br /> Husband and Wife
<br /> of Hall County, and State of Nebraska , is conaiderati~ ~ the tmm o
<br />r
<br /> in hand paid, do hereby SELL and CONVEX unW The First National Bank of Grand Telaridr
<br />`~
<br />~ Grand Island, Nebraska
<br /> of hall County, State of Nebraska the io'
<br />bowing descrtbed pxeatfrea dtaata
<br />.~, in Hall f~unty. attd State of Nebraska . tt>wit:
<br />~i.! See Attached Exhibit B
<br />The intention being to convey hereby an absolute title in tee simple, including all the rights of homestead and dowel.
<br />TO HAVE AND TO HOLD the premises above described, with all the appurtenances thereunto belonging, unto the said
<br />mortgagee(si and io his, her or their heirs and assikms toreve r, provided always, and these presents are upon the e=p[xa!
<br />condition that it the said mortgagar(sY, his, her or their heirs. executors, adtninistraWrs or assigns shall pay or cattee to be
<br />paid in the said mortgagee{s), his, her or their heirs, exzcuWrs, administrators or assigns, the principal sum of $290, OOO.O
<br />payable as fattows, to wit:
<br />Twenty-three (23) monthly installments of principal and interest of
<br />$5,225.38 commencing April 17, 1981 and one final balloon payment of
<br />principal and interest of $270,160.17 due and payable March 17, 1983
<br />Lends, will consider refinance.
<br />with interest according to the tenor and effect et [he martgago rs written promissory note bearing even date with iheve prevents
<br />and shall pay all taxes and assessments kv~ed upon said rest estate, and all other fazes, levies and assessments levied upon this
<br />mortgage or the note which this mortgage is given to sz+;ure, 1x~tore the same becomes delinquent, and keep the buildings on
<br />said premises insurcKi fnr the sum of 3 290, OOO. OO Loss, if any, payable W the said mortgagee, then these presents
<br />2n he void, otherwise to he and remain in full force.
<br />IT IS FI;RTHER AGREED tl) 'T'hat if the said mortgagor shall fail W pay such fazes or procure such insurance, the
<br />said mortgagee may pay such taxes and pnxure such insurance; and the sum so advanced, with interest ateighteen per
<br />cent, shat) be repaid by said mortgagor. and this mortgage shall stand as security for the same. (2) That a failure W pay any
<br />of Raid mangy, zither prirc+gai ar inieresl, when the same becomes due, or a failure W comply with any of the foregoing
<br />agreements, shall muse the whole sum of money herein secured W become due and collectible at once at the option of the
<br />mortgagee.
<br />signed thin 11 day ar i~areh X981
<br />In presence of ^,y__- .
<br />~. ~,
<br />R nd E. Stara I ~~~ ''
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<br />STATE (3F ....... Ne .......County of .......Hal l
<br />.................
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<br />The foregina '~ ava$:gej[t~owiedged before me .........A4drCh....... 11...........19$1 ..
<br />e., .
<br />~t.•c
<br />by ,. R~yman, ~.r. St~1~~ri~k ianne R, Statala, Husband 5 ir7ife.
<br />~~tF! ~F`jyys~®'~ Signatflre of arson Taking Acknowledgment
<br />Netary.,Ptil?lie
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<br />.....................
<br />Title
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<br />gI'ATE OiF...... _ ............. .._ _..__ - _- ...... ._ ... j Entered on numeripd index sad filed for re+
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<br />C+}antY --...._ ._.-._. ___-... _ ..- ... ? in flu ltegisier of Deeds CT~Ier of void County
<br />.................day af.. _.. ...- .. - _ -. - ._.. 19. at _____ u'dock and..----- minutes .. ........
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<br />and recorded is f3o+sk. _ . af..... .... -,._. - _ .at Page-. _.........._..__ .----..... _..
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<br />p -. __ .. _ - ... _. Detmtyi
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