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52 -A —REAL ESTATE MORTGAGE —( With Tax Clause) Rea- :. Hultman and Felton B Woli. Walton, tk. 6M61
<br />KNOW ALL MEN BY THESE PRESENTS: That -1 -h. « ?. Nil to and Beverly E. Nolan, husband
<br />and wife
<br />of Hall County, and State of Nebraska in consideration of the sum of
<br />Seven Thousand and no/103-------- - -- - -- DOLLARS;
<br />in hand paid, do hereby SELL and CONVEY unto Norwest Sark Nebraska, National Association
<br />of Hall County, State of Nebraska the following described premises situated
<br />in Hall County, and State of Nebraska to -wit:
<br />Lot Five (5) Block One (1), Farmington Second Subdivision, A Subdivision in
<br />the City of Grand :.land, Hall County, Nebraska.
<br />The intention being to convey hereby an absolute title in fee. simple, including all the rights of homestead and dower.
<br />TO HAVE AND TO HOLD the premises above described, with 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 express
<br />condition that if the said mortgagor(s), his, her or their heirs, executors, administrators or assigns shall pay or cause to be r
<br />paid to the said mortgagee(s), his, her or their heirs, executors, administrators or assigns, the principal sum of S 7, 000. 00
<br />payable as follows, to wit:
<br />i
<br />59 payments of $155.72 due the first of each month commencing June 1, 1986,
<br />and 1 final payment of $155.00 due at,d payable on May 1, 1991.
<br />i
<br />i
<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 all taxes and assessments levied upon said real estate, and all other taxes, levies and assessments levied upon this
<br />mortgage or the note which this mortgage i, giten to secure, before the same becomes delinquent, and keep the buildings on
<br />said premises insured for the sum of $ 7 , 000.00 , loss, if any, payable to the said mortgagee, then these presents i
<br />to be void, otherwise to be and remain in full force.
<br />IT 1S FURTHER .AGREED (1) That if the said mortgagor shall fail to pay such taxes or procure such insurance, the
<br />said mortgagee may pay such taxes and prtxure such insurance; and the sum so advanced, with interest at 12.00 per
<br />cent, shall be repaid by said mortgagor, and this mortgage shall stand as security for the same. (2) That a failure to pay any
<br />of said money, either principal or interest, when the same b>,co=nes due, or a failure to comply with anv of the foregoing
<br />1 agreements, shall cause the whole sum of money herein secured to become due and collectible at once at the option of the
<br />mortgagee.
<br />Signed this 7th day of April 19 t.
<br />f, �! In presence of � �>�. -^--�
<br />STATE OF .... ;... as
<br />. .... County of ..... Ha 11
<br />r ` April 7 8.
<br />The foregoing it ment was ac}.nowledged before me .... April .............................19 .... .
<br />by . Mich.ae Beverly E. hu::band and wife
<br />MWARY
<br />f70MM SS10q !.�
<br />;; EKPtllii
<br />die r? 1 �!
<br />STATE OF _...._..._ .__......... ...
<br />Cewnty
<br />day of 19 at
<br />ril
<br />a recorded in 134.,k of
<br />Signature of;Person Taking Acknowledgment
<br />.. Nut.. ry Pu.. . .
<br />Title
<br />Entered on numerical index and filets for record
<br />in the Register of Deeds Office of said County the
<br />o'clock and _ .minutes __ . M.,
<br />at page _ .. ...
<br />0
<br />Reg. of Deeds
<br />Deputy
<br />t
<br />K
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