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T ~ ~ man and feltan 8 Woff. rlsNon, fR 68451
<br />__. s S2~A-MEAL E8TATE MDRTGA~E-tWitfr 7az Clatae)~Rev. 7g.:_~- -,-.:.-~~ -~:. - Huff ~ ~:.- - ... ~~.~~
<br />- ~ .~
<br />KNOVP ALL MEN HY THESE I=RESErrrs: That Richard L. DeBacker and Patricia L. DeBacker,
<br />Husband and Wife
<br />at Hd 11 Cotmty. end Stnu of Nebraska . ~ consideration ~ the s~ ~
<br />Thirty Six Thoasand and NO/i00------------------------------------------------ ~LLARs
<br />;n hand paid, do hereby SELL and CONJEY unto The First National Bank of Grand Island,
<br />Grand Island, Nebraska
<br />of Hat 1 county. state of Nebraska the following described premises situated
<br />in Ha11 county, and stau et Nebraska .ww;t:
<br />LOT ONE (i}, IN BLOCK TWO (2}, PARKHILL SUBDIVISION,
<br />IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRRSKA.
<br />The intention being to coxeveq hereby an absolute title in [ee simple, including all the rights of homestead and dower.
<br />TO NAVE AND TO HOLD the premises above described, with all the appurtenanrea thereunto belonging, unto the esid
<br />mortgagee(s) and to his, her or their heire and assigns forever, provided always, and rheas presents sre upon the e:prer
<br />rxendition that if the said mortgagor(s), his, her or their heire ezerutora, administrstore or assigns shall pay or cause to be
<br />paid W the said mortgagee(s), his, her or their heirs, executors. adminietratore or assigns, rho principal sum of S 36 , DDD , DD
<br />psyable ae fallawe, to wit:
<br />THIRTY FIVE (35) CONSECUTIVE MONTHLY INSTALLMENTS OF $517.61
<br />INCLUDING PRINCIPAL AND INTEREST COMMENCING JANUARY 1, 1982
<br />AND ONE FINAL INSTALLMENT OF $36,163.42 DUE AND PAYABLE
<br />DECEMBER I, 1984. FINAL INSTALLMENT IS A BALLOON PAYMENT
<br />AND LENDER WILL CONSIDER REFINANCE.
<br />with interest aocording to the tetwr and effect of the mortgagors written promissory noto bearing even date with these presents
<br />a~ shall pay all taxes and asaexsaeents levied upon said real estate, and alt other taxes. levies and assessments levied upon this
<br />mortgage or the note 'which this mortgage is given to secure, before the same becomes delinquent, and keep the buildings on
<br />said premises inuvr«f for the sum of 336,000.00 .lass. it soy. payable to rho said tnortgagas, then tFt~e presents
<br />fxe he vo#1, otherarise tQ be aced re_+aain in full fon.-e.
<br />IT IS I'URTtIER AGREED il) 'T'hat if the said mortgagor shall fait to pay such fazes or procure each insutrence, the
<br />said mortgagee mag pay sash razes sad prsx:are sucle insµrance; sad rho sum su edvsaced, with igtkres! at 17.00 par
<br />esnt, shall bs repaid by said iuortgagor, and this mortgage shad stand. as security far the same. f~) 'Chat a failure to pay arty
<br />agreemenfe. eshall t1^6r ptzra:,ipal or intcre5t, wheys the same ^t~aazta sate, or. a~ IurG to play witYz stay of tlhl[ f'aregf+trtg
<br />- caultte the whole sum of money heroin seiurod to bee;~tn0-du anti t`fkllet at oray+ at the option o! the
<br />aartgagea. ~` ~, _ ~ ~ ~ ,s,`
<br />signed Chia 13th day at November , lit ~y ,° -' _ __
<br />~) ; <
<br />i'
<br />.: .
<br />In preaenca of ', ~: _ ...................................
<br />e . e .e~ .
<br />~~~ r
<br />"fat i ~a L ~OeBa key
<br />SPATEOF...Nebraskan't`..,:::;;A:;~Itttyof ....Nall .....................
<br />The foregoing instr't wP~!>~ppN'~>~# before the ...... NQY~tb@C. ~ 3 .................19..$}.
<br />cc•.,, ,~., .,-
<br />bye,,,Ri~1~rd„t,,,pe, ~t~r,al~'l~a~~i~tia+ .DeBacker, Husband and Wife
<br />'~
<br />Signature of ~e-~aon Takitxg At knowledgtnent
<br />.. .Notary,'Ptab1 ic .............. .
<br />!~ Ct~lltiss+oo Expires: qy~e
<br />~S'AT16 (iI' ............................................_._..................._. ; Entered an numeriassl iadaz and fiiad fox reeard
<br />JJJ} ~' in the Register of Dseds C?f8cca of said County the
<br />t)eumty .._ ..............................._............_......-.................
<br />.._....,,. ---__dap ~...,-..._ .........................._._._..... 18........_.., at...._..._._................aclock and__.........._....__.......n»nutes ..._._............M.,
<br />trod rsmtded in Btad< ........................................ot......................_.........__at page..........._..._......._._..........._....
<br />_.......-,_,...,......._.,._._._ ..................._..-._._.-Neg. of I?eeds
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