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<br /> } S$..;IiEqL ESTATE MO$1TGAGE(Corpor�tlan)—.With Tu Claure rna FluClmau o.m.=.� SnpDl� liane«, Llacoln. Df�br.
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<br /> ` ' ; �i„�}µ���,;�� •' KNO�V ALL MEN SY THESE PRFoSENTS:
<br /> ,, ; THAT t.sland S�pply Welding +Gompany,
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<br /> �, �� R a corQorm�sarn organiaeaF and existi3ng unde•r and by virtue of the lazvs of the 5tate of NBbrssk3 ire .
<br /> � :
<br /> z' ;� � �ansidu�ationof thesum;of One Hundre� Eigh�y Thausand {$180,OQ0.:-00)-_..__ IJdLL�4RS; 'r
<br /> �� 3 .
<br /> ; � in hand ¢aid,does Jxe>eby SELL arzd C�NL'EY unto =S1aild-SuppZy +Compsnyfi; a Nebr`aska
<br /> corpora�tian,
<br /> � �� ; � ;
<br /> �1 � of HS11 County, St¢te of Nebza.Sks thc falYazrring described premises sztuated; �
<br /> � . �n Hal�. Cuunty, ar:a Sraee of Nebraska , to-avit:
<br /> �; i
<br /> ` - � ' A tract of land ix� the Northwest Quarter of t�e Northwest Qvarter ` �i
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<br /> F - (IdW�NW'�) of Sectian Thirty-Four (34), Township Eleven (11) North, ,,
<br /> .� ; �� ; Ra.nge Ten (10}, West of the 6th P.M. described as follows: E;
<br /> ; �� 3 Comcmencing at a paint_Fifty (50) Feet G.7est and Fifty (50) Feet ;
<br /> ; ; South of the NortY3.east Corner of said Northwest Quarter of the ;�
<br /> a �� ; NarChwest (3VW'�NW''�) Quarter, thersce Southerly arid-parallel to the ?'
<br /> Easterly line of`said N�rthwest Quarter of 'the`Northwest Quaxter ,4
<br /> � �� t �
<br /> �, ; � ; : (NW�NW�;) to the Northerly right of way line o� Federal Highway No `
<br /> � �3 : 30, a distance of Three Hundred Fifty-one and five-tenths (3�1.5) ` �,
<br /> �, �F . � �'. . . .
<br /> , feet, thenc� Southwesterly-along said Norther7�y side of said right- : �,
<br /> - r >� ' " of-caay of said Federal Highway ��30, a c3istance of Three Hundsed �; '
<br /> � ` �� ;' Twelve and �our-te-%iths (�12.4) Feet, ttaence Northwesterl3r a distance ' ,'
<br /> � ' .. . . � i �4i
<br /> ' � 4� ; of Five Hundred E:leven and four-tenths (5I1.4� feet to a point Fifty F�
<br /> ; �i � (50} Feet South of the Narth `line of said Northwest Quarter of the " ;�
<br /> � jy � Northwest (NW'z,NW'-�) Quartex, then Easterly parallel to the Noxth !' � '
<br /> � �� ; line of said Northwest Quarter :of the D3orthwest (NW�,NW4) Qua.�rter, ; �
<br /> s ` s a distance of Three}�,Hundred}, an}-�d Two-TerZths C300.2) £e�etto the po�t f ;;
<br /> �a� �� ' The in�tio���t'�'�c��y�ie�jr��{�edrbso�a�f,�tirle°eTc�eYsi���l'1�1d,. � � .�. . .. . .. ... � � . . . � ��(
<br /> '' � �' � TO HA�'/E AArD TO FIOLD tlie prerrzises above described, with all the appurte��ances lfzere:�rito heZm�ging :ento? jj
<br /> � ! ;� : rhe sa:d ` 3sland SuPPly Company � ,t , ,
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<br /> z, � � and to l�� �6N�assigns forever, provided alivays, und llaese presrrcts are upo>o tFee express co�xd%tiori� ;�
<br /> ; � ? -rl�nt if�Jze sadd Islan_d Supply Welding Company �';,�
<br /> � t� ' or assigns shall pny or cause to be paid to lhe said IsLand Supp_ly Company ?
<br /> ; , ( �,
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<br /> { or assigrzs, the s:ent otOne Hundred Eigf�ty Thousanej�ollars, pay¢SIe as� ;,�'
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<br /> � � ° fo!lows, to-urit:
<br /> + i3
<br /> ,� = One Ht7.Ildred Ei:ghtV Tfiou:�•3Ad Uollars on tl�e �.St ���e�� _T»i?e , ry A2 � �
<br /> = s �` � Dollars on tl�e- driy of , 19 �`, ;
<br /> ,y �' = Dollars uvi the dayof , 19 i �
<br /> "; �� Dollars on the d�y of j9 � "
<br /> � t� � Dollars on the d�y of , ry j .
<br /> i
<br /> � �y 2uith interest tl�ereon aL �ln�per ce�et per ar�num, Qayable quarterly accord�ng to the tes�or� i�
<br /> ; # ' 6nd effecE of#l�e ' ¢roonissary r�ote Xod o f said IS1and S t E p pl y , � r'
<br /> s : Walding Company � � � � � ;!
<br /> � � bearing even date with these presents a�id sJaaCl Qay all taxes arrd assesa•ynertts Levsed npusx said real estate arid all otTaer '�
<br /> �j , taxes,teuies a�id assessmer+ts levied upo�a tJxis mortguye or ilie note zvhich this o�aortgage is given to secure, before #he� ,
<br /> � ' t� t sp�ie 1�¢�o�nes deli�squenG,_.arzd keep the Guildirxgs o�a said premises :i�zsz�red for th-e saivre of ,� , loss, of j !,
<br /> � �^ i a�zy,payable tta tl�e saict»znrtgagee, tlzen these presents 10 be void, oPherzuise to be a�id rema+r� in full force.
<br /> IT!S Ft�l2THER rL-GREED, (1) That if the sai�l mortgagor shoil fail ta¢ay ss�cfi taxes or procure such irssrsr-i i
<br /> ' � ; anre,!he said mortgagee»say pay such taxes a�ed proca4re s�tch insuraa�ce; aad th.e sacro so adv¢nced, with,i�sterest at 's
<br /> � ,r ; Ti1riE? par cent shalt' be re¢aid by said navrtgagor, ¢nd thu mor?gQge shal!slartd as�ecurity fnr sar�tC• (2.1 Thai i i
<br /> � ' '' a failure ta p�y any of saad maney,eiiher princspal or ircternst when the sanse beeome dscs; or a failu9�e tv comply zuitk. �
<br /> x4 �n�v of tlee fo>eqni�xg agreements, shall cnv�sa the zc�t�nle str=r� ef ancr.e3�hereir. sc°�rtrae� t�a bacnrrz dua aaad codla*ct�ula:
<br /> I ; 0t vnce ag't,ne ubiion nf t�a n ;yuy�2.
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<br /> � ' IN T3�ITI�ESS WI��ItL'OT itxe said Island Supply Welding Company, �
<br />� � ` , �� ��
<br /> � ' haa hereunt�enused its corQnrate sea� ta Ge¢�r�d and t&ese� presents to be sig�ed By its �'esldE'.'Ett �
<br /> tS ; 3hi� Q'� daY nf .?tn1� A.'D, t4 77. k �
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<br /> �� 4� � Sfyxed, ,raated:anrT �lelivored in presesca o} ' F�s
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<br /> , ? '` =� .--3`�lanci Supply Welding Company ;' �� �
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