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j U,4WAL MATIC MORT A49—M lb Tax CIWAM) Huffman Felton Wolf, Walton, No. 6&W1 $G w 105891
<br />fC1lf�i4r ALL OEN BY THESE PRESENTS: Thee grin E. Beeder and Bernice J. Beeder,
<br />iuswaknd' and wife,
<br />Rill Cmilaty, and State of Nebraska , in consideration of the sum °of
<br />TWENTY THOUSAND AND NO /100THS ------ - - - - -- ($20,000.00) --- - - - - -- DOLURS
<br />t
<br />pW do hereby SELL and CONVEY unto Julia Franssen ------ - - - - --
<br />�F
<br />pf Lincoln County, State of Nebraska the following described premises situated
<br />w- Nall County, and State of Nebraska , to -via:
<br />Lot 4, Block 24, 5carff`s Addition to West Lawn,
<br />City of Grand Island; SUBJECT to all easements
<br />and rights —of —way of record.
<br />The intention being to convey hereby an absolute title in fee simple, incluiing all the rights of homestead and dower.
<br />TO HAVE AND TO HOLD the premises above described, with all the appurtenances thereunto belonging,
<br />unto the said mortgagees) and to his, her or their heirs and assigns forever, provided always, and these presents are
<br />upon the express condition that if the said mortgagor(s), his her or their heirs, executors, administrators or assigns
<br />shall pay or cause to be paid to the said mortgagee(s), his, her or their heirs, executors, administrators or assign, the
<br />principal sum of $ 20,000.00 payable as follows, to wit: According to the provisions of
<br />a certain Promissory Note of even date herewith;
<br />with interest according to the tenor and effect of the mortgagors written promissory note bearing even date with these i
<br />presents and shall pay all taxes and assessments levied upon said real estate, and all other tares, levies and assessments
<br />levied upon this mortgage or the note which this mortgage is given to secure, before the same becomes delinquent, and i
<br />keep the buildings on said premises insured for the sum of $ 20,000.00 loss, if any, payable to the said
<br />mortgagee, then these presents to be void, otherwise to be and remain in full force.
<br />IT IS FURTHER AGREED (s) That if the said mortgagor shall fail to pay such eases or procure such in-
<br />surance, the said mortgagee may pay such taxes and procure such insurance; and the sum so advanced, with interest
<br />at sixteeTper cent, shall bs,X kmortgagor, and this mortgage shall stand as security for the same.
<br />(s) That a fmTwt W busy a '+either principal or interest, when the same becomes due, or a failure to
<br />comply with any o ttht shall cause the whole sum of money herein secured to become due and j
<br />collectible at oucq at ths,
<br />Signed this 15th day of October 86.
<br />In presence o) �.: �.. r : - cc f..
<br />............... .
<br />brim;....�ede1_...... .._...
<br />Bernice .1. Beeder
<br />c
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