|
S2 A —REAL ESTATE MORTGAGE (with Tax Clause) 86-. i01$7'�. H,t,man astl Felton 8 Wolf .Valton. toe 68461
<br />KNOW ALL MEN BY THESE PRESENTS: That DONALD E. HAMMER AND MYRNA J. HAMMER,
<br />each in his and her own right and as the spouse of each other,
<br />Of Hall County, and State of Nebraska in consideration of the sum of
<br />-- -EIGHT THOUSAND FIVE HUNDRED ($8, 500.00) ---- -------------- - - - - -- DOLLARS
<br />in hand plaid, do heroby SELL and CONVEY unto - -ZORA D. DUNHAM and MERLE E. SMALLWOOD, as
<br />,joint tenants with right of survivorship,
<br />of County, State of California the following described premises situated
<br />in
<br />Hall County, and state of Nebraska to -wit:
<br />The Easterly Six (6) Feet of Lot Five (5) and
<br />all of Lot Four (4), in Capitol Hill Subdivision
<br />to the City of Grand Island, Hall County, Nebraska.
<br />!r
<br />THIS IS A FIRST, PURCHASE MONEY MORTGAGE
<br />,i
<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, tier 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, executors, administrators or assigns, the principal sum of $ 8 , 500 , 00
<br />payable as follows, to wit: In monthly amortizing payments of $180.60, including in-
<br />terest at ten (10) percent per annum, and with the first such $180.60
<br />monthly amortizing payment being payable on May 15, 1986, and a like
<br />amount on the 15th day of each month thereafter until the full principal
<br />amount, with interest, has been paid,
<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 thi= myo.,rttkage is given to secure, before the same becomes delinquent, and keep the buildings on
<br />said premises insured for the sum AT`3anCe.O loss, if an payable to the said mortgagee. ln�ebtedne59 Y. F Y g gee, then these presents
<br />to be void, otherwise to be and remain in full force.
<br />IT IS 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 procure such insurance; and the sum so advanced, with interest at. 14 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 becomes due, or a failure to comply with any of the foregoing
<br />agreements, shall cause the whole sum of money herein secured to become due and collectible at once at the option of the
<br />coo a ee,.�ffto thereafter bear in erest at 14% per annum and waiver of one default is not a
<br />waz gr, thtsnlJ_Vbl �u�t �C i}T !s 86
<br />i r dce
<br />r Di5hd18` E Halgmer ...........................
<br />MILrrl��:7 Ha1ttm2Y �--
<br />v.........
<br />STATE OF ......NEBRASKA, ..... . _ .. , County of ....... .
<br />The foregoing instrument was acknowledged before me .......... April.... c� 19 $ 6
<br />by ..1)0N LD;.Z...HAMMZF..and MYRNA J. HAMMER, each in his and her own right
<br />and as the spouse of each other.
<br />- ,i�'r:: 4..........
<br />�MwNe si; re of Peryo�Taking Acknowledgment
<br />Mlt ttirsla. Ert �It
<br />....Notary.Public
<br />Title
<br />STATE OF..........- ._...- ._........._..... ..._ i Entered on numerical index and filed for record
<br />es.
<br />county in the Register of Deeds Off" of said County the
<br />day of. lY at o'clock and minutes hl.,
<br />and recorded in Book d at page
<br />Re; of I: *dn
<br />13.v Deputy
<br />f
<br />w...J
<br />
|