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"b- 101334
<br />52 -A —REAL ESTATE MORTGAGE —f With Tax Clause' v�..,. „utfman am Feitcr K ivot1. waifin. Ne c.5
<br />KNOW AI.L MEN BY THE :.SE PRESENTS: That First United Methodest Church.
<br />of Hall County, and State of Nebraska----------- - - - - -- in consideration of the cum of
<br />Sixty One Thousand& no /100-- - - - - -- - -DOLLARS
<br />in hand paid, do hereby SELL and CONVEY unto Thelma M. Dreier of 4337 West Capital Av.
<br />Grand Island,
<br />of Hall County, _ante of Nebraska the following described premises situated
<br />in Hall County, and State of Nebraska ,to-wit:
<br />N Tract of land coa rising a part of the Southwest Quarter (SWl /4) of the Southeast Quarter (SE114), and a art of the Southeast
<br />Buarter (SE114) of the Sothwest Quarter (511/4) of Section Tva (2),Tovnship Eleven (11) North, Range Ten (10) West of the 6th
<br />P.N. in Hall County, Nebraska, ore particularly described as follovs:
<br />Beginning at a point One (1.0) foot vest of the southwest corner of said Southeast Quartet (SE1 14)• thence easterly along the
<br />south line of said Section Tvo (2) a distance of One (1.0) foot to the southwest corner of said botttheast Quarter (SE114);
<br />thence cati(wi easterly along tAt south line of said Section tvo (2), a distance of Seven Hwldred Forty (740.0) feet; thence
<br />fwxtherly rer �cwlar to said south line of Section Two (1), a distance of Four Hundred Seven (407.0) feet; thence vesterlp
<br />parallel to the south line of said Southeast Quarter (SEi /4), a distance of Seven Hundred Forty-nine and Twenty -Five Nadredths
<br />1749.25) feet, to a point one (1.0) foot west of the vest line of said Southeast Quarter (SE114) also being a point on the east
<br />line of I*6�t end ence Avenue; thence southerly along said east line of Independence Avenue, also being a line one (1.0) foot vest
<br />of and para11,1 to the vest line of the said Southeast Quarter (SE1h4) a distance of Four Hundred Seven {407,0) feet to the
<br />�lace of beginning, said tract containing 6.961 acres, ore or less ALL C(XMTY NEBRASKA, and Lot Eight (8) and Hest
<br />ortyy-fowr (44) Feet of Lot Nine (9) Block One (1) Capital Heights subdivision, being a part of the Southeast Quarter of the
<br />&outhvest Quarter (SE1 /4581 14) of Section Tvo (2) Tovnship Eleven (11) North Range Ten (10) West of the 5th P.M., Hail County,
<br />Nebraska.
<br />The intention being to convey hereby an absolute- title in tee >imple. including all the rights of homestead and dower.
<br />TO HAVE AND TO HOLD ,he premises ahove descrihed. with all the appurienances 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 express
<br />condition that if the said mortgagor(s), his, her ur their heirs, executors, administrators or assigns shall pay or cause to be
<br />paid to the said mortgagee(s), his, her or their heirs, executors, administrators or assigns. the principal sum of .$ 61 , 000. 00
<br />payable asfnllpw, to wit:$1, 000.00 per Month, starting on the 19th day of April 1986
<br />and continueing for a period of 82.71 Months, or until fully paid.
<br />This Mortgage shall also secure any future advances to be made by the
<br />Mortgageors to the Mortgagees, but in no event shall the total exceed
<br />$65,000.00 plus accrued interest.
<br />with interest according to the tenor and effect of the mortgagors written promissory note hearing even date with these presents
<br />and shall pay all taxes and assessments lovied upon said coal t,t.ate,
<br />and all other taxes, levies and assessments levied upon this
<br />mortgage or the note - w1.ich thi, . mortgage is given to secure,
<br />bef,re the .same becomes delinquent, and keep the t+uildings on
<br />said premises insured for the sum of s 65, 000. 00
<br />loss, if any, payable to the said mortgagee, then these presentr
<br />to be void, otherwise to he and remain in full force.
<br />IT IS FURTHER AGREED ill That if the said mortgagor
<br />shall fail to pay such taxes or procure such insurance, the
<br />said mortgagee may pay such taxes and procure such insurance;
<br />and the sum so advanced, with interest at • 09K' per
<br />cent, shall be repaid by said mortgagor. arid this mortgage shall stand as security for the same. (2) That a failure to pay any
<br />of said money, either principal or interest. wix-n the same becomes
<br />due, cr a failure to comply with any of the foregoing
<br />agreement,, shall cause the whole sum of money herein secured
<br />to become clue and collectible at once at the option of the
<br />mortgagee.
<br />Signed this 16 day of March
<br />Is 86
<br />In ppTencv (,f
<br />FIR_jT UNITED METHODEST CHURCH-
<br />STATE OF ...... Nebraska ........... County of
<br />..Hall ......................
<br />The ibregoing instrument was acknowledged before me .Charlie C. Schlllidt Mar .161586.
<br />by............................
<br />,
<br />�i1M d BdilaMr
<br />L L I �. L L. e' `� e G• L/ 91.1' : C%
<br />�U t BQN�T
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<br />......................... .........................
<br />11V Comp. 14 )a 2k ?w
<br />Signature of Person Taking Acknowledgment
<br />.N.o.toxy..kub�.ic.• ..... ....... .
<br />Title
<br />STATE OF _ .. __._. . _.
<br />Ss,3
<br />cowl
<br />e
<br />F_ntered on numerical index and filed for record
<br />County .. _ i
<br />in the Register (,f Deeds Office of said Co.,=\- the "
<br />clay of itt at
<br />u'Cl(K'k and minutes h1 , (.0
<br />and nrurd[rcl in Fkr.,k (,(
<br />dSa
<br />at page
<br />�
<br />Reg
<br />tic Ite u lv
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