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<br /> � �.�.58-A-REAL ESTATE MORTGAGE��(Corp.)-With�Tax Clause (Revised'1962) � �The 1iuBman Geaera7 Supply Houev,Linwln,�Nnba� .j;
<br /> , .. . . ..: .: ' ..�� . ., ' .. �.� . - . "' � .. ..� ...��; �. ., �. �.
<br /> #� KNOW ALL MEN BY THESE PRESENTS: ThaG Regency Construction, Inc. �$
<br /> �
<br /> i a corporation organized and eatisting under and by virtue of the laws of the State of N2bZ'BSlta yn �
<br /> consia�rat,'onortt,e;sumoe Twelve Thousand and no/100 ---------------------------DOLLaKs ��
<br /> (� in hand paid, aoes hereby SELL�na CONv�Y unto "Comrnercial National Bank & Trust Co., Grand
<br /> 1 ' � ,: �
<br /> � p Island,' Nebraska � '
<br /> � ! of $ajj County,State of NebT�a Sk8 the following described premises uituated
<br /> F . s� in Hali Co,,,�ty,�,a state of Nebraska ;to-wit: The Weste 1�
<br /> � Forty-Nine (49) Feet of I�ot Two (2) in Block Twenty-Seven (27) in Russel Wheeler's :��
<br /> 5 : s Addition to the City of Grand Island, Hall County, Nebraska. �
<br /> � � In the event the title to said real estate is transferred, or contracted to be transferred
<br /> i �
<br /> � from the undersigned for any reason or by any method whatsoever, the entire principal
<br /> ���� � �.,' ,
<br /> ` �� sum and accrued interest shall at once become due and payable gt the election of the j ; !
<br /> �� holdsr hereof. .Failure to exercise this option because of transfer of title as above; �t
<br /> stated in one�instance shall not constitute a waiver of the right to exercise the same in ��
<br /> � the svent of any subsequent transfer. �
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<br /> � , € The intention being ko convey herehy an absolute title in fee simPle. .� .
<br /> � �I � TO HAVE AND TO H4LD the premises above describe<3,�with all�the appurteaances�thereunto.belonging unto the said .1
<br /> � Commercial National Bank & Trust Co., Grand Island, Nebraska, �j ,
<br /> ? and to �tS heirs as�d assigns forever, provided always, and these presents aze apon the express condition that�if the `r
<br /> � saia Regency Construction, Inc. '� '
<br /> ;, oi ass�gns sha�i nay or caug�to be p��a to th0 6aia Commerc ial National Bank & Trust Co., Grand g d' .
<br /> ,� ; �
<br /> .. , , . � �..,��,
<br /> � Island, Nebraska, sE .
<br /> :
<br /> � ��. 9 heirs,executors,administrators or assigns; the sum of Twelve Thousand and� no/100 ------ �Dou�a,payable ss p� �
<br /> � follow9,to-Wic: Principal amount of $12,000 plus interest in the amount of $547.39 for'total ot�b '
<br /> '� Twelve Thousand Five Hundred Forty Sevenass�s���x day of , is (;
<br /> � �p and 39/100 -----------------------------aouara or, tt,e '14th aay oe February , is 78 �€ '; ' "
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<br /> y ( . � � � Dollars on the � - day of , 19 ��:; ��
<br /> � .�..E� . . . . . . Dollars on the . . day�of � .. , 19 � c;
<br /> '' � . � �. � .. � � � Dollars�on the day of . � .� , 19��
<br /> i , � with interest thereon at � per:.cent per annum, pnyable�.2�14�78 3I�Ii3�[,}Laccording to the tenor and�efEect -
<br /> of�the promissory note � �. with interes£coupons attached of said���.� Re 2C1C Construetion, ���Ine. ���
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<br /> s ( ��� bearing even date�with these presents�and shail pay alt taxes� and assessments levied upon�said xeal estate and�all qUier taaes, #
<br /> � .�� levies and.�assessments levied:�upon'this�mortgage or the nqte which this mortgage�is givea to"secure,:before the�same becomes ��
<br /> . � . ._ � .. � ... . .. ... . .
<br /> �delinquent,.�and keep�the.buildings on said premises insured fm tZ�e�sum of$ q a � �� ,loss,if an � r�.
<br /> p � R Fayable to the
<br /> ` :i said mortgagee,�then these presents�to be void, otherwise to be�nnd.�remain in full�foroe. � � ..� .� �. �¢
<br /> , ; I7'IS FURTHER AGREED, (1) That if the said mortga�ox shall fail to pay such taxes or procure suclr inaurance,the €�
<br /> R �..� sai d mortgagee may pay suc h� taxes.an d procure suc h insurance;and the.sum so advanced;with interest at � � .� per ���
<br /> � cent shall be repaid by said mortgagor, and�this.mortgxge�shall stand as.security for same. �(2) That�a failure to pay�any of ¢¢
<br /> � �� c{ �d money, either�,principal'or inte=est when the same bernme due,or a failure to rnmply with any of the foregoing agree i„
<br /> ,� �� ments,ahall�cause the whole sam oF money hecein secured to become due and collectible at once at the�option of the mortgagee J ��:.
<br /> IiV WITNE5S WHEREOF, the said I
<br /> '£ �.�� has hereunto caused ita corporate seal to be a�xed and these:presents to be signed by its j .�f
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<br /> ;F q this i8th day of August , ts 77 �,
<br /> .� ��� � Si ed;sealed aad dehvered in presence of . �� � � � �� � �
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<br /> ` t� sTa,�rE oR: Nebraska Hall . li,'
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<br /> � .�� �� Before me,a notaey public qualiGed in sai3 county,perbon$uy��ame �Stanley Garris and Roger Luft #+���
<br /> ' s� �� � � � � � X4Fd4��if � �
<br /> f �. �� , Rl'�.+211Cy'COriStT'llCt10C2„ YAC.� � � . � . .� . � � � _ . . ,.acurporat�on � f;.
<br /> knotivn to me Lo be the president und iden �cnl erson who signed tha foregou�g ivatrument, and ac:i:n�wiedged the excr;utwn
<br /> ; �. thezeof to be his voluntary act and deed suc�otTic�fdAt[d6tTi�,�l�tary act and deed c,f aeid corporation and that its cor ii
<br /> ,. � was theteto atfixed by its aut itY GEIvEkAE NQ�t�t2Y
<br /> � porate seal,
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<br /> � � Witnesa 7mY hand and notarial A��.�s,�E�r�ska .. 19 7 �� �
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<br /> x MY aommiqs3 n es irea '`i9..--- _Ao,^1 22. 3983 . . .._.....-- •--.::_. 7...__.:.Notery PubLc �- •
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<br /> � 3TATE OF' � Entered on ne�mericai indez and Sled for record �i ,�
<br /> County ........... ....:_.. .._ .' . ....._.. ....._.} in the Register of Deeda Office of said County the e� � �
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<br /> ? `:� ..::.i ..._...day of...:: . ....::: ..__........ ..� 19.. ........, at _........ ......_o elock and... ..;:.. .:..-----minutes.-.-- . M., �t
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<br /> :BY. .----... .--•---- _._...... ....-•--� ---..............DePvty .��.
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