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<br /> I�IISC�I�L��NEOUS I�:ECORD V
<br /> 29056-TN[AU6UlTINECO.QRI1XDItLAND.N!!R. �� � -
<br /> CERTIFICATE AS TO RESOLUTTON OF BOARD OF DIREGTORS
<br /> At a meeting oT" �he directors of The First Pdational Bank of Grand Island, rlebraska, duly
<br /> held at the offiee o�' such corpor�.tion on t'�e 5 day of July, 1g�+9, the following resolution
<br /> was adopted:
<br /> Resolved, tnat: in considAra'�ion of the tender of payment by Lawrence ���1. Bank of the
<br /> balance unpaid upon contract for sale dated May, �945, The First National Bank of Grand
<br /> Islancl, upon payment of such b�.lance in tne amount of �b000.00, shall deed and convey the
<br /> west two-thirds of Lot Seven (7) , Block Sixty-seven (b7), in the Original Town, now City,
<br /> of Grand Island, in Hal1 County, s'�ate of Nebraska, to Lawrence W. 3a.nk and Clara Bank, as
<br /> �oint tenants, by �,rarra.nty deed, free from encumbrance e�cept any unpaid taxes and assess-
<br /> men�s for 19�+6 or subsequent years, and encumbrances, if any, placed thereon by such
<br /> grantee(s) ; upon pay�erzt as aforesaid, t:ne President or Vice-President of this bank be,
<br /> and they hereby are authorized to e�ecute and deliver such conveyance to such gran�ees.
<br /> STATE OF NEBRASKA, )
<br /> ) T, F. J. Cleary being duly st•TOrn, on my oath say that: 2 am
<br /> COUI�ITY OF HALL. )ss. Cas?zier of '�he First National Bank of Grand Island, a cor-
<br /> poration; t�ie foregoin� i� a true and correct copy of a
<br /> resolution adopted by �he Board of Directo-rs of said corporat3.on on the �j d.ay of Ju1y,
<br /> l��-9, and the minutes concernin� such resolution; a quorum of such board was preser1'� at
<br /> such mee�ing.
<br /> F. J. Cleary
<br /> (��fer
<br /> Subscribed in my presence and st�aorn to before me this 5 day of July, 19�+9•
<br /> �SE�L) C. T. Flower
<br /> My cominission expires September 9th, �.g�+9 o ary u c.
<br /> Filed for recor d this 7 day of July 1949, at 10:15 o 'clock A.M. �J ���
<br /> � eg ster o� ee s
<br /> 0-0-0-0-0-0--0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0
<br /> ASSIGNP�4ENT OF REPJTS APdD POti��TER OF ATTORNEY
<br /> THE UNDERSIGNED, LAZ�RENCE W. BAN$ and CLARA BANK, hus'aand and wife and each in his and
<br /> her o�rn right, as MORTGAGORS, have executed a mor�gage to THE OHIO NATIONAL LIFE INSURANCE
<br /> COMPANY of Cincinnati, �hio, as AiORTGAGEE, as part of the security for a mor�gage loan,
<br /> upon the following descr�.bed property situated in Ha11 COUNTY, STATE OF Plebraska.
<br /> The Westerly '�to-tn.irds of Lot Seven, Block Sixty-Seven, Or3.�ina1 �own of Grand �
<br /> Island, rlebraska
<br /> AS PART OF THE COrdSIDERATI01v for �Ghe makin� o�' suc:n mortgage loan, and as addi tional
<br /> security therefor, said r�Zortga�ors further grant to said Mortgagee, whil.e such mortgage
<br /> shall remain �.n force, 'the possession of the above descr�bed premises, and assign to said �
<br /> Mortgagee, du"ring the term of' the mortgage, all �he rents, issues and. profits �herefrom. �
<br /> �
<br /> SAID MORTGAGORS hereby further cons�itute THE OHIO NATIONAL LI�'E INSURANCE COMPANY, �
<br /> or such agent or employee of said Compan;� as it may designate as their Attorney in Fact,
<br /> to taYe possession of said premises a� any time, to collec'� the rents, iasues and profits
<br /> therefrom, and. to lease the same in the name of the Mortgagors, and to make application of �
<br /> the net proceeds, after paymen� of the reasonable expenses of leasin� ancl of col.lection, to �
<br /> the payment of taxes, insurance neeessary repairs, interest or principal as said Mortgagee �
<br /> may see fit. This Power of Attorney shall be irrevocable by the Mortgagors un�Gi1 said
<br /> Mortgage loan shall have been paid in full, and the powers gran�Ged hereunder May be exer-
<br /> cised by the ���Tortgage�,, or its designated agent or er�ployee, at any time tha't default sha11
<br /> have oceurred in the payment of taxes, insurance, interest or principal, or �n the per-
<br /> formance of any other covenant of said Z�Iortgage. The Mortgagee shall not be obliged to
<br /> exercise �Gne powers granted hereunder unless it so elects, nor shall the exercise thereof
<br /> interfere i� any way oJith the righ�Gs of collec�ion or of foreclosure granted under '�he
<br /> �erms of the mortgage, a,nd any righ�s existing under this instrument and under the mort-
<br /> ga�e ma.y be exercised concurren�ly, or theJ may be exercised independently and without
<br /> pre,9udice to each other.
<br /> EXECUTED THIS 15��z day of June, 1.949,
<br /> WITNESS:
<br /> � � Lawrence Z�1. Bank
<br /> � Clara Bank
<br /> STATE OF Nebraska�
<br /> }SS On th3.s 15th d.ay of June, 19�-g, before me the undersign�d Notary
<br /> COUNTY OF Ha11 ) Public in and for said County personally appeared Lawrence W. Bank
<br /> and C1a,ra Bank, husband and wif e and each in his and her own right,
<br /> knoti,�n to me to be the identical persons who are described in and who executed the foregoing
<br /> instrumen'� as Grantors and acknowledged that said instrument was executed as the voluntary
<br /> act and deed of each of them.
<br /> ti�litness my hand and o�'ficial seal the day and year last a'pove written.
<br /> ���) C. T. Flower
<br /> My commission expires September 9th, �.g�-9.
<br /> Filed for record th�.s 7 da�r of July 19�-9, at 10:15 0�clock A.�I. o ��
<br /> egister of Deede �,,/
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