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<br /> 7�, 00055U
<br /> Rh:AT, RSTATE PSORTGAGE _ cont . Paee 2 .
<br /> Beginning at a point on the eust line of said Northwest Quarter oE the
<br /> � Southeast : Quarter (NW`� SE'�) , said point being One Thc�usnnd fiight Hundred
<br /> Thirty and One Tenth ( 1 , 830 . 1) feet north of the southeast corner of tiie
<br /> lJest Halt. : of the Southeast Quarter (W'� S&�) ; thence norther:ly along the
<br /> east line of said Northwest Quarter of the Southeast QuarCer (Nti`� SEst) ,
<br /> a distance of Four Hundred Thirty Seven and Seven Tenths (437 . 7 ) feet ;
<br /> thence deflecting left 106° 09 ' 35" and running southwesterly , a distance
<br /> of Five Hundred Twenty Four and Sixty Two Hundredths ( 524 . 62) feet ; thence .
<br /> deflecting left 91° 36 ' 35" and running southeasterly , a distance of One
<br /> Hundred Thirty Niae and Ninety Seven Hundredths (139 . 97 ) feet ; thence
<br /> deflecting right 85° 41 ' 45" and running southwesterly , a distance of Fiye
<br /> Hundred Eighty One and Sixteen Hundredths ( 581 . 16 ) feet ; thence deflecting
<br /> right 15° 34 ' 15 " and running southwesterly , a distance oE Three Nundred
<br /> ' Thirty Four and Bighty Seven Hundredths ( 334 . 87 ) feet ; thence deflecting
<br /> left 91° O7 ' 15" and running southeasterly , a distance of One liundred
<br /> rorty Two and Sixty Two Hundredths (142 . 62) feet ; thence deflecting left
<br /> 78° 13 ' 25" and running southeasterly , a distance of Two Hundred Five and
<br /> Ninety Six Hundredths ( 205 . 9G ) feet ; thence deflecting left 91° 09 ' 35" and
<br /> running northerly , a diatance of One Hundred Twelve and Gighty Five Hundredths
<br /> (112 . 85 ) feet ; thence deflecting right 65° 53 ' 15° and running northeasterly ,
<br /> a disrance of Six Hundred 1'ifty and Forty Six Hundredths (650 . 46) feet ; thence
<br /> deflecting right 85° 18 ' 25" and running southeasterly , a distance of One
<br /> Hundred 'it�ro and Seventy Five Hundredths ( 102 . 75 ) feet ; thence deflecting
<br /> Iefc o4° ii ' 15" and running eascerly , a distance oi Four Hundred Fifty One
<br />� and Twelve Hundredths (451 . 12) feet to the place of beginning and containing
<br /> 5 . 559 acres more or less ,
<br /> Also , excepting
<br /> An easement for driveway purposes c�s shown on the Plat of Counlry Clu6 Holding
<br /> Association property as prepared by IIeujamin & Associutes , Inc . dated 12/ 27 / 68
<br /> and revised 12 / 2/7G ,
<br /> ; togethe�: with all improvements Chereon , and appurtenances thereunto belongins ; and all
<br /> covenants and all title deeds running �oith such lands ; and all rents , issues and profits
<br /> arising therefrom after default in performance of any covenant and condition herein
<br />� curttained ; the in[ention being to convey hereby an absolute title in fee simple and to
<br /> convey a11 and every right , [ itle and interest of such Country Club llolding Association ,
<br /> �' a corporation , in and to such real property .
<br /> � The mortgagor does hereby covenant with the mortgagee , its successors and assigns , that
<br /> k it is lawfully seized of said premises ; that such premises are free from encum6rances ,
<br /> except as herein stated , and that they will iaarrant and defend said premises against
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<br /> lawful claims of any and all persons whomsoever .
<br /> To have and to hold the premises above described with all improvements thereon , including
<br /> all appurtenances thereunto belonging unto the said The Pirst National Bank of Grand
<br /> Island , Grand Island , Nebraska , and to its successors and assigns forever , provided
<br /> always , and these presents ure upon the express condition thnt if the said mortgagors ,
<br /> its successors or assigns , shall pay or cause to be paid to The First National Bank of
<br /> Grand Island , its successors or assigns , the sum of TWO HUNDR�D THOUSAND A,YD NO/ 100
<br /> ' DOLLARS ($ 200 , 000 . 00 ) , plus interest at Nine Per Cent ( 9% ) per annum , paya6le as follow» ,
<br /> to-wit : The principal and interest are payable in forty (40) semi-annual lnstallments
<br /> of TEN THOUSAND EIGHT HUNDRED SBVENTY AND NO / 100 DOLLARS ( $ 10 , 8i0 . 00 ) , commencing on the
<br /> lst day of August , 1977 , and a like amount on the lst day of ench succeeding six months
<br /> until paid in full . The final payment of principal and interest , if not sooner paid ,
<br /> shall be due and payable on the lst day of February , 1497 , all according to the tenure
<br /> and effect of the one promissory note of the mortgagor bearing even date with these
<br /> presents ; shall pay all taxes and assessments levied upon such real estate , and all
<br /> other taxes , levies and assessments levied on this mortgage or upon note which this
<br /> - mortgage is given to secure before the same becomes delinquent ; and shall not permit
<br /> or commit uny waste upon such real property , then these presents to be void , otherwise
<br /> to be and semain in foll force and effec [ . '
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