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<br />&Yyt-aECOtiO REAL ESTATE t.IORTOAOE-With Tax Chute The Hnttmsn aeaerel BuDDtr Hoagie, Ltacola: Nebr.
<br />- D 1 / 1 A.l1 A 2
<br />KNOW ALL MEN E3X THESE PRESENTS:
<br />THAT I or WE, Keith R. Franke and Gertrude L. Franke, Husband and Wife,
<br />of Hall Cotroty and State of Nebraska , in consideration of the sum of
<br />IOne Hundred Eighty-One Thousand Seven Hundred Fifty-Eight and no/100-----------COLLARS
<br />C$181,758.00)
<br />in hand paid, do hereby SELL and CONVEY unto Lyle A. Fisher and E. Dean Wolfe
<br />, (mortgages),
<br />of Hall County, and Stato of Nebraska ,the follortring descsibed premises
<br />situated in Hall Co+tnty, and State of Nebraska to-aril:
<br />A tract of land in the Northwest Quarter of the Northeast
<br />Quarter (NWt~NE'~) of Section Twenty-Nine (29), in Township
<br />Eleven (11) North, Range Nine (9) West of the Sixth P.M.,
<br />more particularly described as follows: Beginning at a
<br />Point 33.0 Feet West and 601.0 Feet-South of the Northeast
<br />corner of such Northwest Quarter of the Northeast Quarter
<br />(NW~iE'~); thence running Westerly and parallel to the North
<br />Line o€ such Northwest Quarter of the Northeast Quarter
<br />(NW3r,~TE~), a distance of 150.0 feet; thence Northerly and
<br />parallel to the East boundary of such Section a distance
<br />of 40.0 feet; thence Easterly and parallel to the North
<br />botmdary of such Section a distance of 150.0 feet; thence
<br />Southerly and parallel to the East line of such Section a
<br />distance of 90.0 €eet, to the point of beginning.
<br />The intextion being to convey hereby an absolute title in fee simple inrludixg clt the rights cf homestead and dower.
<br />TO HAVE AND TO HOLD fhe premises above described, zLith alt the appurtenances thereunto belonging unto
<br />the said mortgagee or mortgagees and to his, her or their heirs and assigns„,*orexrer, provided alzoays, and these pres-
<br />ents are upon the express condition that iJ the said mortgagor or mortgagors, his, her or their heirs, executors, adtnin-
<br />istrators or Designs shalt hay os cause tv be t>aid to the sail! mortgagee ar mortgagees and to hu, her or their heirs, ex-
<br />ecutors, admirrisirators or assig+~s, the sum of One Hundred Eighty-One Thousand Seven Hundred Fi£ty-
<br />Eight and no/100 f$181,758.00)------------------------------~oliars, payable as follows, to-wit:
<br />Per terms of a land and building lease dated February 9, 1981,
<br />between the parties hereto,
<br />~ bearing even date rtsth these pres-
<br />ents, and shall pay old taxes and any interest on, or maturing irtstaU»tsnts of principal, due o» any prier tnortgage and
<br />assesnnents levied upon said real estate seal all vther tuxes, lenses and assessartents levied upon this mortgage or the
<br />pole which Chia nwrtgage is given to secure, before the settle beco»us delinquent and keep the buildings an said
<br />premises insured for the sum $ ,loss, if a»y, payable to such fast morigagees or dais rnvrtyagee, or boll:,
<br />they these presents be void, otherwise to be and retttain in full force.
<br />IT IS FURTHER AGREED (rj 7•hat if fhe said mortgagor shall fail to pay such tares and such interest on,
<br />or maturing installments of princ-ipnl, due an any prior nwrtguge and procure such insararuc, then this tortgagee tray
<br />pay such fuzes artd stuh inttrest on, or maturing installments of principal, due an such prior mortgage and procure
<br />such insurance; and the sum sa advanced :csth interest at nine per rent shall be paid b_y said tnortgngor, and this tnort-
<br />gags shall stand as scrttritq for the saute. (z) That a failure to pay any of said money, either principal or infected an
<br />thu or any prior mortgage, when the saute becotrtes due or a failure to cotnpl~ usth any of the foregoirty vyreen+ents,
<br />shall cause the whole suns of money herein secured to became due and tottectable at once at the option of the txort-
<br />gagee.
<br />IT IS FURTHER AGREED That said rrtortgagec, pending furectosura of this mortgage and after decree and
<br />pending stay thereon or appeal therefrom and pending sale of prens:sts mortgaged, may pap such tares and maturing
<br />i»ttrest or tnaturirtg installments of principal, on prior mortgages, procure such insurance and such sums shall be ''~.
<br />added to the amount due an decree and upon confirmation of sate by the court ordered takers vu! of proceeds of sale; I
<br />or iJ redeemed during stay, appeal or sale, such amounts shall be caUectrd the same rs thvrtgh it sere a part of each 1
<br />decree. .,., i
<br />S~ned this ~ .~,` day of ~ 4 r9 j I ~
<br />1 j - a
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