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<br /> ?7-00'7294 __ _
<br /> � 6Yyt—EECONO REAI. EBTATE MORTGAGE—Wlth Tax Clai�p The [iuftmw Genernt sun��s Honw, Llncoln, NnLr.
<br /> KNOW AL.L MEN BY THESE PRESENTS:
<br /> � THAT I orWE, Arnold L. Schultz and Ruby C. ScY�ultz, Husband and Wife,
<br /> �
<br /> of Hall County and State oJ Nebraska ,in consideratiox of the sum o}
<br /> ' Seven Thousand and no/100---------------------��7.000.00)-------DOLLARS
<br /> in lwnd paid, do ke�eby SELL arid CONYEY unto Da_Ly Realty and Insurance Inc.
<br /> . , �+n0rtgagee).
<br /> o/ H�11 Couxt�•, and State o( Nebrasta , the fajlqyttirg desc+ibed premiscs
<br /> .sftftated in $S11 Countp, aad State oJ Nebrasl+a to-uat;
<br /> The North Four fiundred Ninety T}�ree I�'eet (N4y3� � of
<br /> Lut Twenty 'Chree (?3� . �nd the North Four Hundred
<br /> Ninety Three Feet (N4y3�) of tt�e East Half (E�} of
<br /> Lot Twenty Four (21;� , of "Sass Subdivision" located
<br /> on part of the Northeast C,�uarter o£ tYie Northeast
<br /> t?,uarter (N�4NE� of Section F'ourtean ( 1G� , in Town—
<br /> ahip Eleven ( 11 � NortY�, }rang� Nine (9� , West of tY�e
<br /> 6th P.M. , in Iiall County, Nebraska.
<br /> ' T/ae intextion bein� to co�vey her�by an absolute title in fee simple inrludin� al! thc ri�hts of hornrstead and dowe�.
<br /> TO HA[�E AND TO HOLD the premises above descri6ed, zedNi all the appurtenances thereunto belonging uwto
<br /> ths said mortgagee or fwortgagses and fv kis, her or lheir heirs and assigns, foret�er, provided a[ways, and these pres-
<br /> eNts ars rQott the ex¢ress rondition ehat if the said mortgagor or mortyagors, his, ker or tloeir heirs, exenators, ad+wtix-
<br /> istiators ar assigns shall pay or ca�se ta bt paid to the suid mortgagee or mortgngees and to his, her or the+r heirs, ex-
<br /> ecwtws� ad+Kiwuhators or assiyns, the sum of Soven Thousand and no/100------------------
<br /> —___�______._—.--_.--------------------------------Dallars, payable as followa to�tcwt:
<br /> Due January 10, 197A in tYie aruount of iy100.00 and �100.00 due tY�e lOth
<br /> of eaCh montb thoreafter until the full amount of the principal plus
<br /> accrued interest is paid in full, however the total amount w]►ich ia
<br /> unpaid aa uf JanuaTy 1.0, ly^,9 �+i11 bP due in a b011oon payment. additi nsl
<br /> amount� �aay be paid at any �ayment date without penalty.
<br /> with iraterest thereon at 10 per rent per nnnu�n, paynble as abuveEv�ofitd�7caccording to the te�or and ejfect oJ
<br /> rys promissory note with interest rou¢ons attaihed of said btarigagors, hearir�g ��vesi dat�� utith tl+ese pres-
<br /> ssts,axd shall Qay all taxes and any inter��st on, or srwturing i�stallments of printipul, Juc on any prior mortgage awd
<br /> osssss+wewts levied upon said rea!ertate and aU otller !aa-es, levdas u�d ussess»tents lezied upon tliis s�toslgnge or the
<br /> xota which thi.t »iortgay�� is given to scrure, be�ore ti�e same beromrs delinquent and keep the 6uildings an said
<br /> preattises insuted fo� the sum $ 35�ppp,,��ss, if any, puyuble to euila first inortyuqers ur tleis onustyagee, or Loth,
<br /> i` tkew these ¢resexts be void, otherxcdse to Le anJ r�°riauin in fxU forcc.
<br /> IT IS FURTHER AGREED (r j %hat i/ tha soid +xortgagor shaJ! fai! to pay such taxes and such interest ow,
<br /> or+watrring iK.tlallmexts oj Qr+xcipal,due on any priur mortyaye und procure suck i�snranre, then tliis rnort�agre may
<br /> pay rw.:h 1ar�s au�t.;:�.h in:.r.st on,ur me!Pering i�slallmrnts ��� f+ria�ifal, duF on surh f+rior morinane and proeure I
<br /> sutk iwsxru»cr; and thv sum so ndv�n�•ed xerith interest nt rane per cent shall be pnid by said naarlg¢yor,and thss wtost-
<br /> ga�►'� sl�aU sta+�d as scn�rity fur the same. (_) That a failure to pay any of said monel�, eithes p�incipal or ixterest ow
<br /> thu or atty ¢riur mortgayr, whrn the same becomes due or a failure to comply xcddh an�� of the foregoiny agreer�ewtt,
<br /> sluet! tau.re tke svhole sum of twowey hereia secured to 6ecome due and col/cctable at o�re at the option of the wort-
<br /> goges. .
<br /> !T IS FURTHER �4GREED 7'kat said snotigogee, pe+tding foreclosure o/ this+nortyage and after decree awd >'�
<br /> �mdii►g stay lhereox or appcol therefrom a»d pexiding sale of premises mortgaged, riay pny surh taxes ard wwt�riKg �*'" y+�-
<br /> � �!, i�v,tt pr w�strss+tg iwrtollswext,r of priaittipal, on ¢rio� rwortgages, procure such insurance and such swms shull Ge �
<br /> edled !o tke aaiwwxt dre ow dec�te axd upow toxfir+natioe of sale by the coxrt ordered taken oat of proctedr of rale;
<br /> "i oi if rtdetw�td d+triwg stay, a¢¢eaJ or sctlt, .ruth afxounts sAald be co6lected the saroie ns lhnugli it u�ere a part of suck ""r'
<br /> �° dicrsa. ��
<br /> Sr$r+cd this lOth day of Dece�nbAr �n?? �
<br /> i Iw Prestxte of /\ J - ,
<br /> `�e .��,.,[,fL��� (af�i /�S'(."�� . . . � µ.
<br /> ._. ATp{�ICU�� Y. �CI)US.�f� /, �" 1
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<br /> .�. . .. .. . � KUDy C� SCYIUl t2 .'1 I
<br /> ... .� ir�-.- . . . � . �
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