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<br />GAGE-(With T~sas Clause) izrv. 7g Huf4man and Felton & Woof, Walton, Ne. 68461
<br />52-A-REAL ESTATE MORT .. ... ~. ... ..,,._ .... ... ,~,.. ..
<br />KNOW ALL MEN BY THESE PRESENTS: That MELVZN D. BOECKEL and LUELLA E. BOF,CKEL,j
<br />Husband and 51ife III
<br />of Ha 11 County, and State of Nebra 8ka , in consideration of the sum of '
<br />~Oi1R3'EEN THOUSAND AND NO/100THS_____________014,000.00)---_-____~OLLARS I
<br />in herd paid, do hereby SELL and CANVEY unto
<br />MARVIN F. ICELLER and MYRTLE KELLER, Husband and tiife
<br />ei Sall County, Stele of Nebraska the following described premisessibuted -,
<br />in Ha 11 County, amt state of Nebraska .to-wit: j '
<br />v~
<br />~'
<br />ids Lot Ten (10), T;lock Thirty-Sin (36), in
<br />,~ Russel Kheeler~s Addition to the City of
<br />•~ Grand Island, Hall County, Nebraska.
<br />r-i
<br />The intention being to convey hereby an absolute title in fee simple, including all the righb of homestead and dower. ',..
<br />TO HAVE AND TO HOLD the premises above dexribed, wieil all the appurtenances thereunto belonging, unto the said
<br />mortgagee(s) and to his, her or their heirs and assigns forever, provided always, and these presents are upon the ezprees
<br />condition that if the said mortgagor(s), his, her or their heirs, executors, administrators or assigns shall pay or cause to be
<br />paid to the said mortgagee(s), his, her or their heirs, ezecutors, administrators or assigns. the principal sum of $ 7 4 , 000.00
<br />payable as follows, to wit:
<br />Monthly payments, which shall include interest at the rate of
<br />72'$ per annum amortized over a fifteen (15) year period with a
<br />balloon payment due in ten (10) yeasa,shall be paid directly to
<br />Marvin F. Seller and Myrtle Kellar. The first monthly payment
<br />in the amount of 8768.03 will be due January 5, 1982 with a
<br />like amount due on the 5th day of each month thareaftar until
<br />January 5, ty92 at which time the total unpaid principal balance
<br />will be due in full in a balloon payment.
<br />with interest according to the tenor and effect of the mortgagors written promissory note bearing even date with these presents
<br />and shall pay al! taxes and assessments levied upon said real estate, and all other lazes, levies and assessments levied upon this
<br />mortgage or the note 'which this mortgage is given to secure, before the same becromes delinQueat, and keep the buildings on
<br />said premises insured for the sum of $ ,loos, if any, payable to the said mortgagee, rhea these Preaenta
<br />to be void, otherwise to 4e and remain in toll torte.
<br />IT SS FURTHER AGREED (1) That if the said mortgagor shall tail to pay such Woes or procure such insurance, the
<br />said mortgsgee may pay sorb iaxaa sad procure such insurance; and the sum so advanced, with interest at per
<br />went, shall he repaid by said mortgagor, and Phis mortgage ahaU stand u security for rho lama. (2) That a Fai-ure to pqY aqy
<br />of said mosey. either pAttcipa) or interest, when the same h~ecca®ea due. cr a failure to mmply with any of the toragaing
<br />a~aaeaaea(a, shat} cauaa t,"sa whole sum of money heresn secured to be,wme duo arul cc!lectible at once at the option of the
<br />t~r(~ae.
<br />Signed thin j~, day of `~'L~'C~C n,•.t~:t.1 . 1~ ,~
<br />M ~v3ri..,~.~... ....eQ ......i ....................................................
<br />In presenre of .
<br />STATE OF .....NEBRASKA........... ,County of .... Ha 11
<br />I
<br />The foregoing instrument was acknowledged before ma ..% L.k I~ ..... ~, is . ....................19 . B.~ . ~
<br />~y , t~ky~N„f,1.,,~O~;QK,EL .and LUELLA E. BOI~CKEL, Husband and Wif®
<br />RUpa,R R, FLATE . ~, ~` c c. G.C. ~... ,~'' .., ~ ~C ~ . ~ ..........
<br />$Saro1~8~ Stgnature~fr'fie Taking Atsknowtedgment
<br />~1y E >
<br />~twrtbar iQ iii~~ .. Nota~y, .Public..... ... .. ... ....... ~
<br />i
<br />Title
<br />$'i'ATE t}]P' ...................__...........>.........---.....,..._._..........1 lyntered oa numerical indez and tdea tw record
<br />It es' in the Renter of Deeds Office of said County the
<br />CcuntY ......................._......_.............._.............._...__....
<br />i
<br />.................._..dar ot.._...,............._....._.................., 18......._..., at..........................._ ..o'c-ock std............_..._,._......minutes .....................M., f
<br />atld rataordad is Book..._ ................_..................of........................................at page........_......._.................._...,
<br />............................................. __.........._. _.. ..._ Reg. of Deeds
<br />Sy......_._...---.._ . _._ _.......... ..._ .Depstty
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