<br />SP•A--REAL ESTATE MORTOAOE-(With Tax Clause) ftev. 78 Hutfman and Felton fi Woff, Walton, Ne. fi8461 ( ~~
<br />KNOW ALL M8N BY THESE PRESENTS: 'That Charles E. Fox and Mary A. Fox, Husband
<br />and Wife
<br />of Hai 1 County, and state of Nebraska , in consideration of the ettm ~
<br />Forty Thousand and NO/100---=------------------------------------------------- DoLLARs
<br />in hand paw, de hereby SELL and ~NVEY onto The First National Bank of Grand Island,
<br />Grand Island, Nebraska
<br />of Ha11 County, State of Nebraska rase tollow;ng described premises situated
<br />in Hal i County, and stare of Nebraska . to-'mot:
<br />C7a
<br />Or; LOT TWO (2) IN BLOCK SEVENTY-SiX (76) IN
<br />to
<br />~ THE ORIGINAL TOWN, NOW CITY, OF GRAND
<br />t~ ISLAND, HALL COUNTY, NEBRASKA.
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<br />a~-
<br />60
<br />The intention being to convey hereby an ab~iute title in tee simple, including all the rights of homestead and dower.
<br />TO HAVE AND TO HOLD the premises above described, with all the appnrtenancea thereunto belonging, unto the said
<br />mortgagee(s) and ro his, her or their heirs and assigns forever, Provided always, ana these Presents are upon the ezpreea
<br />cotsditioa that if the said mortgagor(s), his, her or their heirs, ezecutora, adminiatratora or asaig~ shall pay or ratsae fo be
<br />paid to the said mortgagee(s), his, her or their heirs, exetvtora, administrators or a~igrrs, the principal sum of E 40,000.00
<br />payable u follows, to wit:
<br />PRINCIPAL PLUS ACCRUED INTEREST AT THE RATE OF
<br />SEVENTEEN AND ONE-HALF PERCENT DUE AND PAYABLE
<br />DECEMBER 29, 1981.
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<br />with interest according to the terror and effect of the mortgagors written promissory note bearing even date with these presents
<br />amd shay( pay sll tares and asaes~nenta Eevied upon said real estate, and alt other taxes, levies ansl aeseasments Died upon this
<br />tnrortgage or the note which this mortgage is given to secure, before the same tw.,..+ delinquent, and keep t~ buihfinga on
<br />said premises insured for the sum of $ 4O OOO.OO .loss, if any, payable to the said wortgagee, then thane presents
<br />to be vow, otherwise to 6e and remain in fu~l force.
<br />IT 13 FURTHER AGREED (1} That if the said mortgagor shall tail to pay such taxes or procure such insurance, the
<br />said mortgagee may pay such taxes and procure ouch insurance: and the sum so advaaeed, with interest at 17.50 t~
<br />tank, ahati be repaid by said mortgagor. ar~d this mortgage shat) stand ee security for the same. {2} That a failure to pay any
<br />of said money, eikher principal or intereaY, when the same becomes due, nr a failure to comply with any of the foregoing
<br />agreements, shall cause the whale sum of money herein secured to hrcwtne due and collectible at once at the option of the
<br />mortgagee.
<br />signal thin 2nd day of July 19~g,,1/~~J///f_, f~/"- ~ F
<br />In presence of ~./~(r-`~.'y'LYL- ~~ (~
<br />ryes E.~x ~.~
<br />.._
<br />. _....._.._._ ..................._..._.___._.._.....__._._...__._.._ .... _.I
<br />- ~ x- - -- - ---
<br />STATE or• .. P1eGraska ................ .County of ...Hdlg.....................
<br />The foregoing i was acknowl~ged before me ......... July .2 .....................19.81. .
<br />~,,Gharl,g; ~~ ~~ Fox, Husband and Wife
<br />.. ~~ ~
<br />4 Ex~r . ,
<br />~~ ; ~ ~ 3ignatttr+e of Eset~san Takitlekttowledgment
<br />7~Gti Ji? I`3`~~'' • tf
<br />~' • :-..•- '~ Notar Public
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<br />MY C,o~ission ~ Itr~tE~~T2-84 ............................
<br />Title
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<br />Enured on numerrgd trade: end film for rewrd
<br />as. in kha Rssrstar of dJeeds Officr'of card County the ~.~.
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