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<br />,,42/:---~iRCA ,iEA ,TA"R"E A4lStR'Pd"aAGlE Vglr!{Irryn Tzw,.l~. .,, r~ ? r-~a. 'G«~, a s~kr,tt a ~ 'Wi~arc! ]4rlbr... ~. .'~. . , ~ „ ',
<br />- T`Hr3T I or WE, °F~+il.f.i$T~t ~ i~elk°Z° $^.'.. .,,,=$r~"..•n r.. tir'';lke, , i:',i.S~-."iar.'w'1 ur Ri'~ ~ -
<br />of Hail Coxnt} and State of 'eb ~s1a in consideration of the sum of .
<br />Thirteen Thousand and no/1il4--------------------------(313,OOG.O~flLLARS;
<br />in hand paid, do hereby SELL and COvY`EY unto
<br />Tho:*as L. Loth
<br />(:anrtgageej, _
<br />of Hall County, and State of ebraska ,the follzxzting described prerrtisrs
<br />sittuFtrd in Hall Cannt}~, and State of Nebraska to-wvt:
<br />~I,ot Thirteen (13), Bishop Heights Third (3rd) Subdivision, Hall
<br />County, Nebraska
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<br />The intention being to con¢rey hereby an absolute title in fee simple including ell the rights of /romestcod and da-.€•er.
<br />TO HAVE AND TO HOLD the premises above described, .c•itlt al! the appurtertaures Fhereurzta brlongiart urtio `
<br />' the Said snortgagee or mortgagees and to l:is, her or !heir heirs mtd assigns, forever, provided alYVays, and tkesc pees-
<br />eats are upon tlse express condition that if the said nzartgagor or rortgagors, his, 1Fer or their heirs, esrcutors, eulnzin-
<br />~ istrators or assigns shall pay nr cause to be paid to the said mortgagor nr mortgagors and to his, Her or their heirs, ex-
<br />ecistors; administrators or assigns, eke sum of Thirteen Thousand and no/----------------- `
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<br />---(13,000.00) Dollars, payable as loflazt~s, ta--u•af:
<br />Due July 1, 1979, @ 5~ interest. If either op the properties looated
<br />` ` at b3i7 Manchester or Bismark, North Dakota-sells prior to July I, 1979
<br />'; these proceeds loll! be used to pay this Third Mortgage.
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<br />with interest thereon at per cent per annum, payable annually, acrordisrg to the tenor and etTect of .
<br />- ; the promissory note cC-Ft1F Ynte•rest coupons attached of said Sfortgagars. bearing even date ;rzth these pees-
<br />" ! eras, and shat! pay all lases and any interest on, or maturing installments of principal, due an arty prior ntortyage and
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<br />assessments levied Yzpon said real estate and aFl other taxes, levies and assesssrcnts Iczried upon this tnorigage or tke
<br />note which this mortgage is given to senFre, before the same becomes delinquent and keep the. bui/dings an said
<br />premises insured for the svrrn $ ,loss, if any, payable fo srrcti first mortgagees or this mortgagee, or both,
<br />then these presents be void, otheraerise to be and remain in full force.
<br /># IT IS FURTHER AGREED (tj That if the said rnortgagar sltatt fait to pay sxcH taxes a»d ,uch interest an,
<br />4 or ntaharing installments of principal, dtee on any prior mortgage and procure surlt insuranr., then this mortgagee neat'
<br />t -pay such lases and suriz interest on, or ntahFriuy Ynstallrrteuts of principal, due ors such prior mortgage and procure
<br />'~ ~ such insarance9 and the sort! so advanced udth interest ut nine per cent shalt be paid by said »zortgayor, and this rnort- `
<br />k; , i tptr~e!,'°7'le~r~~-et - the same. (z) That a fai/Frre to pay any of said ruoney, either principal or interest on
<br />tptr ep ..ri} p~~~+~rn the same becarte¢s disc or a failure to conzpb_y 7xroth any of the foregoing agreernrnts
<br />{t ~-t.nws mane herein sernred to become due and rotlectabte at once at tke option of the rnort
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<br />IT IS- FURTHER AGREED That said mortgagee; pendinn foreelostzre of this mortgage and-after decree and •
<br />,~ i pending stay thereon or appeal therefronF and Qendiny sale of premises stsortyaaed, rout' pay such tares and utatxring
<br />~t ! interest ox maturing installments of principal, oat prier` a:eortgages, procure suck a'nsurance and such snaps shall he
<br />' f added fb the antQUrFt dsie on decree and-upon cnnfFrrrtadion of sale. by the court ordered taken out of proceeds of sate: '
<br />or if redeemed tluriaig stay, appeal or sale, suck amaurtts shall be collected the same as though it were a part of such
<br />decree. - -
<br />~ Signed this 11th day of .April , rg 79
<br />r fn Presence of
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<br />~k . E_._ , ~ .:
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