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<br /> � �z �� 58•A—REAL�ESTATE MORTGAGE�(Corp.)—With�Tax Ctau6e(Revised 1962) The}IuHman Geaeral Sapply Eioane,T,mco7n, Nebr j ��
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<br /> � KNOW ALL MEN BY THESE PRESENT5: That Mid Continent Enterprises, Inc. d/b/a ` i�
<br /> j� ` Bison Bui�ders � k°
<br /> ' �E a carporAtion organized and�existing under and:�by vir4ue of the��laws of�.the State of . NE}�TdSkd � � � �� � in� �jE
<br /> � �� consideration of t}xe sum of Elghty thousand and I10�100----------------------_ I70LLAR9� ��
<br /> � in hand paid,does�hereby SELL and CONVEY unto ��COI[1IileTCla1� NdtlOnal �Bank drid TL'Llst � ��k5
<br /> Company
<br /> : �� �'
<br /> s of Hall County,$tate of. NG}�Y'1SICd the follawing desctibed premises situated� �k
<br /> � in Hall co.,Mcy,ana srace ot Nebraska ,co w;t: ij
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<br /> � �€ Lot One (1) in Elock Six (6) , Continental Gardens, An Addition � r�
<br /> �z to the City of Grand Island, Hall County, Nebraska
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<br /> i �� Lot Two (2) in Block Six {6) , Continental Gardens, An Addition �
<br /> � � to the Cit of Grand Island Ha11 Count
<br /> � �� Y , y. Nebraska ;
<br /> ' In the event the title to said real estate is transferred, or contracted ,:.
<br /> � �( to be transferred, from the undersaid fos any reason or by any method ; tr
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<br /> �� whatsoever, the: entire principal sum and accrued interest shall at once ;.
<br /> become due and payable at the 2zolder hereof. Failure to exercise this
<br /> f �� option because of transfer of title as above stated in one instance shall �
<br /> ;- �� not constitute a waiver of the right to exercise the same in the event of �
<br /> a any subsequent transfer. {
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<br /> ; ���} � The:intention being to convey hereby�an absolute title in fee simple. . � � � � � +!
<br /> �k ��9R ...� 'TO�HAVF AND TO HOZ.D the premises above described, with alt the appurtenances thereunto belonging unW the eaid�� �5��
<br /> 3 s,'� Mid Continent Enterprises, Inc. d/b/a Bison Builders �
<br /> ; ��a� and to 1'tS �- � heirs and assigns forever, providcd elways, and these presents are upon the express wndition that if the� ���':
<br /> E i� �id Mid Continent Enterprises, Inc. d/b/a Bison Builders s
<br /> 1 � o;assigns shall pay or cause to�be paid to the said � � � � �� � F+
<br /> ; ; Commercial National Bank and Trust Company f;
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<br /> � ��.�. S heirs,executx�rs,�administraturs or assigns, the sum oF Eighty thousand 3hC3 riO�lOO---- Dollare,nayebie as�
<br /> } fonow8,to-.,�ic: Eighty thousand and no/100----------- `' '
<br /> ---------------- ! ,�
<br /> A ------------'--'—'—'—"'------------ Dollars on t�e lst aay ot October , is 77 � '
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<br /> k .;��;� � .� � � � � Dollurs on the day of . � , 19. f
<br /> {� Dollars on the dny of , 19 } i
<br /> ' Dollars on the day of , 19 j
<br /> ; ' ��� . � � � . � Dollars on the � day of . � , 19 �((
<br /> t .�r3 with interest thereon ut 9.25per cent per annum,payable 10�1�77� ffimvatlp, according to thr. tenor�and eHect� j
<br /> �'C 'of the : promissory note � with interest coupons attached of said � ,y�
<br /> � �a �
<br /> ..t{ ,bexring even date�with these presenfs and shall pay all taxes�and assessments levied upon saud resl estate and al!ather taaes,
<br /> �#3 levies and.assessments tevied upon this mortgage or the note which t2xis martgage is given to secure, before the same becomea i�
<br /> � f{ deliaquent,�and keep the buildinga on soid premises insured for the sum of$ � ,loss, if any, payable [o the
<br /> � said mortgagee, then these Presents to be void, otherwise to be and remain� in Full force. , .
<br /> ;� TT IS FLTRTHER AGREED, (1) That iF the said mort a or shall fail to
<br /> 3 �jj ���, . . . � � pay such taxes or procure such insurance,the�
<br /> �i said mortgagee may pay�such tazes xnd � �r
<br /> � r . procure auch insurance; and the sum eo advanced, with interest at �
<br /> t s cent shall be repaid by said mortgagor,and this mortgage shall etand as security for same. (Z) That a failure to�pay a�ny of
<br /> � ��. �said money, either.�principal or inYerest when the snme bec�me due,ar a failure to comply with any of the foregoing agree �
<br /> .r; �menis,�.shall�cause tlie whole sum of money herein secured to become due and cnitectible at once atthe option of Yhe mortgagee.� �
<br /> i a; � IN WIT.t�pa�-.WHEUEcaF, �hesaidMid Continent Enterprises, Inc. d/b/a Bison Build'e�s
<br /> f� has hereuntacaUaC�h•i4v�rlsqrate settl to be atfixc� and these preaenLv to be signed by ita president � �
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<br /> � `^ this ,�:zk�h day of ,7+Y 1.y , 19�� . 1
<br /> 4 , '�J'zgnc'd�q�Et1��a�l delfvN�c�ed in presence of �
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<br /> � �; �� x i4`'�,���r� � MID._. .NT.�hTENT ENTERPRISES, INC.. ,dlb a
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<br /> ` �: .._..:t^'�.��'�r';',�'� i:�a'x*��.�+".�c.�,,: �'�� ; � � ��t��" Bison Buil eis
<br /> ` /` �t`�ilan .'s"-.�.
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<br /> � t: ----•--�=-r�--- �-� �3'.... Bish....�'�`en£ -----... _. ..
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<br /> i; � STATE OF.': r.,..i�i°e�raska _ ......._:........_........ cm,r�ty of....---..I,is��.l...... � `;`
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<br /> � Before�me a no�ry public.quulibed in said county,perfwnally came Mi1an D� B1S21
<br /> �z � President of�
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<br /> ° �9 p Mid Continent Enterprises, Inc. d/b/a Bison Builders , $�or�,oration;
<br /> *4 S kno�an��to me to be the presidrnt nnci identical person �vho sipacYl the :oregoing insitwnenG, anu ac[:nuwl�+dgc� ti�e eseeration
<br /> �r thereof to be hu voluntary�ac!and deed as such o8'icer and the voluntary act�and deed of said corporation and thst its rnr-� '� � �
<br /> �� }wre#e seal was theB�dtRgyld�e�ts authority .:�� . . � .
<br /> � �; � Witness my hand`�i x�i���el on . ...._JU1Y 14 .......... . :. _........._. 77,
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<br /> , f� STATE OF 1
<br /> ,- }� Entered on numezeca! indes and filed for record
<br /> � C��?t3' -• ) m tl�e Register of Deeda Office of said Couniy t6e
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