<br />
<br />Th~ Hnffma.n Oenil.rnl Supply Roue, Lineoln, Neby.
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<br />
<br />83-001J~:;B
<br />TIuJifF)JE MILBOURN & NANCY MILBOURN, Husband & Wife;,
<br />
<br />County, and State of Nebraska
<br />
<br />, in consideration of the sum of i
<br />
<br />TENnmsAND AND ID/100
<br />
<br />DOLLARS;
<br />
<br />in haM paid, do hereby SELL and CONVEY "nto FLOYD SMI1H & ERMA SMITH, Husband & Wife, as joiq:
<br />tenants with right of survivorship & not as tenants in comnon
<br />of Buffalo County, State of Nebraska the follo'IL~ng described premises situated
<br />in Hall County, and State of .....,Nebraska , to-wit.'
<br />. 4uq( NI'P-
<br />The Westerly One-half of Lot 7, ~ 65, Original Town of Grand
<br />Island, Hall County, Nebraska
<br />
<br />Subject to party wall agreements and easements and encumbrances of
<br />record .
<br />
<br />
<br />
<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 abo'l!e described, 'IL~th all the appurtenances thereunto belonging,
<br />",.to the said mortgagee (s) and to his, her or their heirs and assigns forever, provided always, and these presents are
<br />upon the express condition float if the said mortgagor( s), his her or their heirs, executors, admimstratorsor Msigfts
<br />shall payor cau.se to bc paid to the said morlgagde(s), his. her or their heirs, erecutors, admiairtrators or assigfts, tM
<br />pri"cipal sum of $ 10,000.00 payable as fo/Jou's, to wit:
<br />
<br />On demarrl.
<br />
<br />
<br />,
<br />;l ~ ttith i-nlnest tUcoyding 10 the tetwr and effect oj tlu mortgagors 'W1"iltsn promissory note bearing even date n4th flus.
<br />a ) prUSttts oltd.wul pay aU ta.;;esartd assessmems lroUa upon said real eslate, and all other krs,s, lnMs and IJSS,sS1fUmls
<br />U ; Iftot'etJ Up(JJf tMSmiJrlgageor the note which this mortgag, is given to secure, before the same becomes dffl,.lJIU'II, (I1ld
<br />p 1 k#ep tlul ~ D1ls;Ud preillim in.$wed for the sum of $10,000.00 /qu,it <my, payable to the .raid
<br />'I ! ffUJrlgtJgu, theft these />'I'''sl1lls to be t'oid, otherwise 10 b,and remal" i" full force,
<br />;;; IT -1S FURTHBR AGREED (1) Thai if 1M said mortgo,gor sJuill fail 10 pay such lases or procure men i1t-
<br />:' I_e,tlu.raid mortglJ9u _y pay S#dotaxn and proeM,., .sueh i~e.. and the ,",m sa adWflJ.'ea. ....Ih interen
<br />1 4t .. pIT tml, shall be repaid by said mortgagor. and this mortgage shall stafld as security for the s_,
<br />i (z) 1'1l"' oJailar# tl> pay "flY of said """"",, eitlwr principal or interest, wlul" the same becalMs dlle, or a fdi/tcr# fo
<br />\t~~mfhfl"y of the foregoUtgagre~, sh4ll emu. fh4wltole ""1M of money h.wein s<<lma fa beco_ aMI aIl4
<br />( ;:oIlIcftbll4t ""IU aUAlI: {lft/i<n& of the -'(/QgH_
<br />I
<br />i
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<br />
<br />Spa this 17
<br />
<br />day of
<br />
<br />March
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<br />'~9..'.' ....""
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<br />I.. />'I'f',""'" of
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<br />~.-.... ''''___''" <.., H"-"i'o- '"" ',~_,,"......, _~~,
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