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<br />TH or WE. MICHAEL C. EVES AND REBECCA L. EVERS Ht;SBA=tiZ) ga,*D i+'IFE
<br />e4T f ,
<br />of HAIL County and State of ~Bg~KA , in consideration of she sum of
<br />PZVE THOUSAND AND NOI200($5,000.00) _--- -- -----_~DOLLARS
<br />in hand paid, do hereby SELL and CONi~EY unto
<br />ARGO DEVELOPMENT COMPANY, INC. (mortgagee),
<br />i of HALL County,. and State of NEBRASKA ,the folio-uyng described premises -~
<br />situated in HALL County, and State of NEBRASKA to-zvit;
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<br />4,
<br />LOT THREE C3) ZN ARGO PIFT'd SUBDIVISION, AN ADDITION TO ALDA, HALL COUNTY,
<br />NEBRASKA.
<br />The intention being to convey hereby an absolute title in fee simple inclu~;ing alt the rights of homestead and dower.
<br />TO HAVE AND TD HOLD the premises above described, zcstk atl the appurtenances tkereunto belonging unto ~
<br />the said mortgagee or mortgagees and to his, her or their heirs and assigns, forever, provided always, and these ¢res-
<br />ants are upon the express condition that if the said mortgagor or mortgagors, his, her or their heirs, executors, adnun-
<br />sstra#ors or assigns shalt pay or cause to be-paid to the said mortgagee or mortgagees and to his, her or their heirs, ex-
<br />~ ecutars, administrators or assigns, the sum of Five Thousand and No/200 ($S,OOO.flO} ,
<br />Dollars, payable as follows,- to-zait: a
<br />Note is dse May 15,19?9 -
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<br />1'`. ~ 2vith interest thereon at er cent er annum, a ~abde 5-I6-$0 accordin to the tenor and a act o
<br />12 z}¢ ¢ py 9 ~ f;
<br />Ai t the promissory note with interest coupons attached of said A:ortgagars, bearing roan date urith these ¢res- k
<br />ants, and shall pay all lases and any interest on, or maturing installments of principal, due on any prior mortgage and
<br />assessments levied upon said real estate and all ether taxes, levies and assesstzzents levied upon this mortgage or the $ r
<br />;note whuh this nsortgage is given to secure, before the same becomes det'inquent and kaep the buildings on said
<br />i. ~ premises insured for the sum $ ,toss, if any, payable to such Just mortgagees or t)zis mortgogee, or both,
<br />'_ € Cher these presants be void, otherurise to be and remain in full force. ?
<br />- IT IS FURTHER AGREED (t) That if the said mortgagor shall fail to pay such taxes and such interest on,
<br />or maturing installments of principal, due on any prior mortgage and procure such insurance, then this mortgagae maq ?
<br />pay such tares and szzch interest on, or maturing installments of principal, due on such prior nzorigage and procure j
<br />``s ~ I - suite` insurance; and the sum so advanced with interest at nine; per cant shall be ¢aid 6y said mortgagor, and this mort- _
<br />gage shall-stand as security fvr-the same. (a) That a fa=lure to pay auy of said manej, either principal or interest on -
<br />this _dr any prior mortgage, when-the same becomes due or-a failure-ta ramplq zcrith aay of the foregoing agrestttexts, i =
<br />? .shall chose the whole suns of -money herein- secured to became due and collectable at once at the option of the nurrl-
<br />i gages.
<br />IT IS FURTHER AGREED Tluet-said mortgagee, Pend:ng foreclosure. of thss mortgage and after derree and
<br />ii ,; pending_.stay.thereox_orappeai therefrom and pending sale of premises mortgaged, may pay such taxes and nuxtrring { ~~
<br />1 interest ar mattering installments of principal on prim marigager; jzrneure such insurance and such sums shad be
<br />added to the amottttt due on d¢cree and upon confirmation of sale by the cotert ordered taken out of proceeds of sak;
<br />a. or sf =redtenaed during slay, appeal or sale, suth amounts shall be collected the same as thoisgh it were a part of szu-h ;
<br /># ;decree. ~ f
<br />' Sig»ed this. /(p day of ~1;~1J2/Yt ~-t'~ ~__ ?
<br />In ea of ~
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