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<br /> ,'� 53-A—REAL ESTATE MORTCaAGE—With Tax Ciause (Reviud 1962) � The HuBman Gemrsl
<br /> � � I �vD�r fiouee.Linoom.Nebr .
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<br /> �� KNOW ALL MEN BY THESE PRESENT$: THAT Duane L. Strough '
<br /> �! �o
<br /> � � ot Hall counsy,end 9tate of Nebraska (Mortgagor > y� ;, . :
<br /> + ��S].Xt .in rnnsiderahon of the aum of t '�
<br /> y-five thousand and no/100-----------------------------_______Dor.zaRs �� `
<br /> ,r in haua aeid,do hereby SELL and CONVEY unto Commercial National Bank & Trust Company �i
<br /> � ,t
<br /> 7 � � (Mortgagee ). �� .
<br /> ,j � ot Hall co„ncy, a�a st�ce ot Nebraska tlie foHowing described premiees i;
<br /> , $ }y aicuaiea ;n Hall couniy, a�a s�ace of Nebraska to-�,,,;t: 5.:
<br /> � i f
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<br /> Lot Four (4) , COMMONWEAI,TH BUSINESS PARK THIRD SUBDIVISION, t(
<br /> , i an addition to the City of Grand Island, Hall County, '
<br /> i ! Nebraska, subject to easements, restrictions, rights ``
<br /> s � of way and agreements of record, and subject to zoning laws. }� ,
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<br /> i i� In the event the title to said real estate is transferred, or contracted �t �
<br /> j �f to be transferred, from the undersigned for any reason or by any method iE
<br /> � �� whatsoever, the entire principal sum and accrued interest shall at once :�
<br /> � j? become due and payable at the election of the holder hereof. Failure i£
<br /> � 4{ to exercise this option because of transfer of title as above stated t�
<br /> (i in one instance shall not constitute a waiver of the right to exercise ��
<br /> if; the same in the event of any subsequent transfer. :i
<br /> � � fi P
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<br /> �� The intention being to convey hereby an absolute title in fee simple including all the righta of homestead and dowea �'
<br /> �� : 3� . TO HAVE AND TO HOLD the premiaes above described, with all the appurtenances thereuato be7onging unto the f
<br /> t
<br /> � � �! aaid mortgagee and tu 1'tS heira and assigns, forever, provided always, and these presenfs are upon the ezpreee :i ' �
<br /> t1 oondition that if the aforesaid mortgagor , 1'liS heirs, executors, administratora or assigna ehall pay or ceuee to be '� �
<br /> � d to the said mort,s ee
<br /> � � P� 8 1tS heira, executors, administratore or aseigna,the sum of S].Xty-F1.V@ Thousa " a
<br /> .� �� 3Ad NO�100 ($65,000.00)----------------------------y �llazs,payableasfollowa,to-wit �' �
<br /> ' Sixty-Five Thousand &nO�00Dollarsonthe 15th aay ot Jul , is 78 `� �
<br /> ���� � Do(lars on the day of , 19 1�.� °�
<br /> 1�. { Dollars un the day of � lg ��
<br /> f Dollars on the day of lg ;�
<br /> � � Dollars on the day of lg �f . -
<br /> � i with intezest thereon at r cent
<br /> pe per ennum, payable 7�15�78 annually all according to the tenor and eSect ot s!
<br /> � �� a certain D�miseory note of said Duane L. S trOL1cJ11 ;�
<br /> ' � . �S bearing even date with theae presenta,and ahall pay all taxes and asaessmenta levied upon said real eslate,and all other tazee +,
<br /> •'. tp levies and aeeeasmente levied upon thia mortgage or the note which thia mortgage ia given to eecure, before the same becomes ��
<br /> 'j - . ! �delinqueni,and keep the buildings on said premises inaured for the sum of$ losa, if eny,payable to � �
<br /> ; � the eaid mortgagee, then theae presents to be void, otherwise W be and remain in full force. �a
<br /> �i. � IT IS FURTHER AGREED (1) That if the said mortgagor ahall fail to pay such taxes or proaire such insurance, the ��
<br /> ,� . j said mortgagee may pay such taxes and procure such insurance;end the sum eo advanced, with intereat at � " � �
<br /> per cent j
<br /> 1 �shall be paid by said mortgagor,and this mortgage shall stand as security for the aeme. (2) That a failure to pay any of said i�
<br /> � � �$� money,either principal or interest when the same becomea due,or a failure to rnmply with eny of the toregoiag agreemente t� �� .
<br /> � ehall cauee the whole aum of money hemin eecured to become due and rnllectible at once at the option of the mortgagee. �;�
<br /> �� sienea slain 9th asy of Ma ch . ls 78. :
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<br /> . �{ ..'. pre ce o ' ��.....--�---- -- -� - �.. ......................_..._...... �#� .
<br /> .�' ....._ .
<br /> '� � Duane L. Strough ji
<br /> ; �� � .._.._......................._.---............---�----•--��------._......._....._.........._..._.
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<br /> � "'................"' ' . ....... ....:...... ...__.._... .._'..............._............. ................._""""......._..........""'_""""'_"...""" '7
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<br /> �. .: ��.3TATE OF--•--....»..�7�.�tXdS]ic�....--....----.......... County ot.......... Hall , �: . .
<br /> ; . . .. ..........................'--...----'-...
<br />`f �%-:Before.me.��a�.:notary public quali5ed for eaid countY. peraonallycame '� ��� : . � �.
<br /> Y ` Duane L_ Strough j
<br /> � Imown to me�to be the i ent'��p�rsoa or peraona who aigned the foregoing instrua�ent and aclmowledged the ezecutioa
<br /> ;` thereof be}us hE1����f�Vfdl6hta act and deed.
<br /> k G:.tcRAL NOTAR�
<br /> c� . ' ._Vp; my L°��a�$F'18�$�� on..._..._...._March...9 .....J.�..............�----...,ls,..__...8 �j
<br /> t M7�"'.""`7{ommi� � �p_..._..�........_.... 19..8.1 .� . �i . ..
<br /> � ....� �i'- - • -- , ,� .. _..._....._. .....-•---Notary Public. 'r ' �� '"��.
<br />� �: . � � .. . . . . ' . �� - � ..
<br /> ' � STATE OF.�.� ...._.�r. � ........... � Eatered on numerical indez and filed tor record i �
<br /> -.•.. �� .Qounty .....��,r...._......�M �.. � � � in iFie Register of Deeda O�oe of eaid County the 9t .
<br /> t� ,. . . ..._ .. ...... } t , .
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<br /> . . �_ ' ...••-••-de4Y ot._..._.._..._.:�.._. .__...._�.,�18............. ak......_.........•_••.........o'clock end._.._.__.._............_...minutee....__..............._M., �{
<br /> and recordal'ia Book.:._ ....._..�... .........._of ........._._._..._......_.........at page...r__..--_••_--._.•_-----.._.._. ��
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<br /> . "---_._..----••--.........................................................ReB. of Deeda ` .
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<br /> Br_ .._. ...._ _..."'__........__......_"""-"......Deputy �
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