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52 -A —REAL ESTATE MORTGAGE —(With Tax Clause)r 7N Huffman and Felton & Wo11 Walton Ne MAE;2
<br />KNOW ALL MEN BY THESE PRESENTS: That WILBER L. GAN"I and ELEANOR H. CAN, husbalxi
<br />and wife, each in his own right and as spouse of the other,
<br />of Hall County, and State of Nebraska in cons:". ration of the sum of
<br />Nineteen Thousand Eight Hundred ($19, 800.00) --- ------- ------- --------- -- ---- DOLLARS
<br />in hand paid, do hereby SELL and CONVEY unto WIU IAM SCHULTZ and HULDA D. SCHULTZ, husband and
<br />wife, as joint tenants and not as tenants in moon,
<br />r f Of Hall County, State of Nebraska the following described premises situated
<br />1, in Hall County, and State of Nebraska to-writ:
<br />The Southeast Quarter of the Southwest Quarter (SE 9 4) of Section Thirty -Four
<br />(34), Township Eleven (11) North, Range Ter. (10), ;vest of the 6th P.M. in Hall
<br />County, Nebraska.
<br />The intention being to convey herebv an absolute tide in fee simple. including all the rights of homestead and dower.
<br />TO HAVE AND TO HOLD the premises alxive described. with all the appurtenances thereunto telonning, unto the said
<br />mortgagee(s) and to his. her or their heirs and assigns forever, provided always. and these pres.emts area 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
<br />paid to the Laid mortgagee(s), his, her or their heirs, executors, administrators or assigns, the principal sum of $19,800.00
<br />payable as follows, to wit: $200.00 on the 1st day of July, 1986, and $200.00 on the 1st day of
<br />each month thereafter until paid in full, each installment to include interest at the
<br />rate of "% per annum; if not sooner paid, the final payment of print pal and interest
<br />shall be due and payable on the 1st day of September, 2001.
<br />with interest according to the tenor and effect of the mortgagors written promissory note bearing i -ven date with these presents
<br />and shall pay all tares and asse:sxrnents leciwl upon .aid real estate, and all other taxes, levies and assessments leveed upon this
<br />mortgage or the note which this mortgage is given bl —Ure. tx•fcov the same becomes delinquent, and keep the buildings on
<br />said premises insured for the sum of S Insurable Value losw, if any, payable to the said mortgagee. then these presents
<br />to be void, otherwise to be and remain in full force
<br />IT IS FURTHER AGREE{.) i l ) shat .f the said mortgagor shall fail to pay such taxes or procure such insurance, the
<br />Raid mortgagee may pay such taxes and procure such insurance, and the sum so athani•ed, with interest at 10% per
<br />cent, shall be repaid by said mortgagor. and this mortgage shalt stand as secunty for the same. (2) That a failure to pay any
<br />of said money, either principal yr ntterest, when the same bet-omen due. or a failure to rYomply 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 />mortgagee.
<br />Signed this 2nd day of .7une 19t;ti
<br />In presence of
<br />;tillber L. GEltnOri
<br />Eleaiior'Ii. Gannon`
<br />STATE OF ......%T2RA.SM .. .. .. County of .... 1V%L.L.
<br />The foregoing instrument was acknowledged I)ef'ore me :,une 2 '986
<br />by. Wilber L. Gannon and Eleanor H. Gannon, husband and wife.
<br />M Signature of Person Taking Acknowledgment
<br />� M1 CIIf1a F� ilfir. t 1w
<br />i
<br />Title
<br />L STATF OF Entered on nunu•ncul index and filed for r--rd
<br />RR.
<br />County in the Register of [kvefs {lifer of sod t'uunty the
<br />day of lA at o'clock and nunutes \1
<br />OM recordo,i in it.R >k of at page
<br />11y j p ^pusv
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