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<br /> � SB—REAL ESTATE MaRTGAGE (Corporatlon)—With Tax � �
<br /> (,.`jgUqe Thn 7tuRm<n Geoe»I 3upD1Y Noaae.Lincoln,Ncbr
<br /> .�$ ... . . � . . � . . �
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<br /> � KNO�J ALL MEN BY THESE PRESENTS:
<br /> ` � TH.9T' DOONAN TRUCK ELND EQUtPMEb7T, ZNC. ,
<br /> �
<br /> �' , �' a cor�aratson organi«ed and esistinr,� a�nder and by virtue of the daws of the St¢te of Kansas , dre ,
<br /> a
<br /> cansideraEzott,of the su»a;of �Q�R HUNDRED THOUSAND AND NO/100-------------------------DOLLARS � �'
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<br /> ' iAi Jxand;Q¢%d,does hereby SEL7. and CONTfEY slnto The F3rst National Bank of Grand 2sland �'
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<br /> ' o f Hall Cou�at��, State of Neb raska , }!z¢ folLawiiig described premises situated �;
<br /> x � 6y: Hall Cotarety, ari8 State oj- Neb raska ,to-¢erit: �i
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<br /> � � Plat of a Cract of :land couiprising a part of Zot Two (2) ; and a part of the 'Southwest !
<br /> E �uarter of,tne idortliwesl- Quarter (Sb,7� NFJ'-G) of Section 'Tcoenty-Nine (29?, Township Te❑ (1Q)
<br /> North; lt.ange Nine (9) TJEst o{ the 6th Y.M:, in Ha11 County, Nebraska, more par.ticularly ;i
<br /> described as follows: '
<br /> .' ' `�
<br /> Beginnin� aC a point on the easterly right-of-way line of U.S. Aighcaay No. 281, sald
<br /> pqint being Nine-Hundred Seventy (970.Q) feet south and One Hundred Thirty-Five (135.0) `
<br /> '� feet east oE the northwe§t corner o� said Seczion T.wenty-Nine <29);'thence southerly I
<br /> lalong.,said right-of-way line `and parallel to the west iine of said Section Twenty-Nine j�
<br /> "t29); m distance of Nine Hundred Twenty-Nine and Four 'i'enths (929.4) feet to the norther ��
<br /> right-of-way line of a County road; thence de�lecting �aft 120� 5$' 30" and running i�
<br /> G^ . nor.theasrterly along saicl right-of-way line, a distance of'i3inet}-Three and Forty-Six �� '
<br /> ;' { Hun.3redt�s (93.45) feat; thence northerly 'parallel to the west line of said Section �
<br /> f, i TwenCy,=T�.ine {29) , a distance pf Five Hundred Thirty and 5ixty-Seven Hundredths �530.67) � ;y
<br /> ; � �eet; th�nce,easterly para?lel to ttze north 13ne of said Section Twenty-Nine (29), a i
<br /> distance of Five Hundred Eighty (580.0) feet; thence northerly parallel to the west line ;i
<br /> ` of sa3d Sactio n T we n t y-N i n e {2 9), a d i s t a n c e o f T h r e e H u n d r e d �i f t y (3 5 0.0) f e e t; t h e n c e I �
<br /> � westE_�-y parallel to the north line of said Section Twanty-Nine (29),; a distance of ;i
<br /> ' Six Hun dre d Six ty (6 6 0.0) feat to t l-ie p lace o� beginning an d cc�ntaining 6.32 2 acres, � ,
<br /> 't
<br /> �"� 'more or 1ess. �
<br /> � The intentian being to torcvey hereby au ahsolute tit(e in fee s�vrtiple.
<br /> TO Hr1l/E r1ND 4'O'FIOLD tlre¢remises above dcscraGed,ze�ith all the ap[�scr-fenmices thereuotto belangi»g �etxto �i
<br /> 'Ihe said DOONAtt TRUCK AND EQUTPPSENT, SNC. !
<br /> ;"
<br /> a�id ta �ts heirs and assigns forever, provided a1wa��s, asid these (rrescnts are upon tlze ezpress condition yi
<br /> � ` 11zat if the ,said DOOA7AN TRUCK AND �QUIPMEI47; ZNC'. i
<br /> �"' . . . � � . . , . . j . . . . _.
<br /> �� �or assig�is shall�ay or casse to�be�paid to�tGe said The First Natiorcal�Bank���of�Grand Ssland, � � � � � � � � � �
<br /> ' ��. C:rand Ls3and, Nebraska, a;
<br /> ' lieirs, esecutors, adr�sinistrators or ¢ssig�as, the suna vf FOUR HUNDRED 'PHOITSAND AND NO--=-Dollars,.payab6e as r;
<br /> �ollozur, to-wit: :}
<br /> : Sixty'(fio3 mpnthly installments o£ =J�a�=��kc ��j' ;=�9 =i
<br /> t' $$,206.70> payable to principal and �a�irss=s�4lrg �s��f ,=�9 _
<br /> ; intexest, commencing July i, 1977 and �3s�hns=e��lr� , �a��f =�
<br /> ; wiCh fina� monthly installment due �at-tais=,sr��1r� �a��f ,=3y
<br /> �' a:nd payable on June 1, 1982. =�al�it�=ar��1� ���f =�g „
<br /> .vitlo interest theyea�z ,yt 812 per cewt per annss��t, payable monthly =�3t��-�according to tl:e te�2or
<br /> and e�ect of the one (�ronxusory rote =--a�it��vstx�ea��aa�•attacked of sasd
<br /> � '�JOONAN TRUCK ANll EQUIPMENT, INC.
<br /> { bearir+g evess date witlx !laese rreserits a»d s/zult pay all taxes arcd assessrrzents levied upou suid real estate nrad all other '
<br /> ;, I taa•es, levies and cusessmerzts levied upda t/ais mortguge Ur the�xote which tlais niortyage is gfven to secure, Lefore tke �
<br /> � sa.ne beconaes delinyaeent, and kcep tlne Guildings on sairl prernises insured for the s:c�n af$ 400,000.00' ,loss, if
<br /> ' � arxy,pu��able t�tlze saici mortgayae,,t�cn these presents to Lz uoid,otherwise to be attct rensaix isti,fisll foyce. p
<br /> IT IS FURTHER AGREED;/tJ That if iFie said mortgagor shnll fail to ¢ay such taxes or hrocure sucla insur- !"
<br /> ance,the sasd nyuxtgagre nsny {+ay su.�ch taxes a.�ad procuse such irtsurance; and tlie surn so advanced, with i�iferest �st
<br /> per eent sJiall be reraid by said»tortgngor, and this mortgage shall st¢�zd as security for same. (zJ T{:at
<br /> n � a fuilure ta pay aaty of said snoaey, either prsnci�al-or irxteres�u�ken the same become duc,or a failure to cvmply urith, �
<br /> nny�f the�"ore��ivcy agreemen#s,sh-ald cawse ilxe wAole.sum<of money herei�i secured to become due arad-collectablc � .
<br /> ' at once at t�e o�tinn of!he mortgagee_ �
<br /> G4��'N;�JCf'�.�VESS W1�EREOF, the said DOONAN TRU�K AND F:!2€JIYMENT, INC. k
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<br /> a �1s�reun�'* � �ta torpornte scrz�to be a�zzed and thesc�tirescrsts,to be signed by its Pres ident ; :
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<br /> `�c .ihA'�"'j A,,�� ,�'.,of, , June �1.D. zy 77. ` �' .
<br /> � � ,�,.3 ..� £
<br /> S+ir� ~ delivered in prasence p f
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<br /> � Wendell M. Doonan, Presideilt
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