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<br /> � 58-/4-REAL ESTATE MORTGAGE (Corp.)-With Tax Clause (Revised'1962) The liu8mun Genersl Supply House, Lincoln,SJe6r. ; � �
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<br /> ,� ;, ._.�. .._�__ ___.w_.__�___�___....____..__�____._---..._._,_.-'-_-_'_._, ._.._....._._.._._�.._..________..._._...______{.-'_;-._.. � . .
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<br /> �i KNOW ALL MEN BY THESE PRESENTS: That Mld COri'tiri2IIt Enterprises, InC. d/b/a
<br /> _ ;i Bison Builders
<br /> ' {-� t! ��a corporation organized and existing under and by virtue of the lawa of the $tate or �Nebraska '___v iuL� F�
<br /> � ;� � �consideration of�the eurr,�e .Eighty-five �thousand and ri0/100------------- ZX3LLARS� ji
<br /> �� in hand paid, does hereby SELL.and CONVEY unto COmmt�TC1.81 NatiOri31 Bank & TrllSt Company =�
<br /> ,;
<br /> ' �� of Hdll. County,State of N2bY'ZS}Cd the folIowing described premisc,�s aituuted� �J
<br /> , - = ` ;i in Hall County,and state of Nebraska ,to-�.rir. ":
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<br /> Lot Thirteen (13) , 'in Amended Block Six (6)
<br /> �; Continental Gardens, An Z�,ddition to the City ?i
<br /> of Grand Island, Ha11 County, Nebraska. ;!
<br /> is a
<br /> s� Lot Fourteen (19) , in Amended Block Six (6) €�
<br /> �� Continental Gardens, An Addition to the City ;4
<br /> ij of Grand Island, Ha12 County, Nebraska� a;
<br /> ; �� In the event the title to said real estate is transferred, or contracted ��
<br /> �j to be transferred, from the undersaid for any reason or by any method 't
<br /> ;7 whatsoever, the entire principal sum and accrued interest sha11 at once °j
<br /> xg become due and payable at the holder hereof. Failure to exercise this °;
<br /> ;j :option because of transfer o� title as above stated in one instance shall ';
<br /> s� not constitute a waiver of the right to exercise the same in the event af ��
<br /> Ei any subsequent transfer. ��
<br /> ` " ���The intention being to convey,he[eUy an absolute title in fee simple. � �� � � � � � .� ej
<br /> ;� . 4� TO HAVE AND.TO HOLD the premises above described, .with all the appurtenencea thereunto belonging unto�the said ��. t
<br /> � Mid Continent Enterprises, Inc. d/b/a Bison Builders %�
<br /> _� and to �� � 1tS�. � � heim�and assigns forever, provided always, and theae preaents are upon the express crondition Lhat if the ���
<br /> :� . . . . .. . . . . !
<br /> `} said Mid Continent Enterprises, Inc. d/b/a Bison Builders �
<br /> �or assigns ehall gag or cause to be paid ko the said . .� �
<br /> �} a
<br /> Commercial National Bank & Trust Company
<br /> a �1 heirs,executors.administrators or assigns, the aum of _Elghty-f 1V2 thousand & AO�1.00-Dollars,payable as�
<br /> a� tonow8,to-w�t: Eighty-five thousand and no/100 ($85,000.00)-------------------
<br /> ' ` ----------- -_-__�___---- lst y ` A ri2 78 ;
<br /> ii - - - � Dollars on the da a � ,�19
<br /> ', � � � � � � Dollars on the � day of , 19 � +#
<br /> s: � . . .� . . � . . . Dollars on the .daY of . . 19 ..�� i>
<br /> i ., Fi � . . � . . � �. � � Dollars on the � day of� , 19 �� �
<br /> e. . :� ��. . .
<br /> � � . . . . . Doilars on the 1�,�$ day of . . � , 19 �� °`
<br /> 6 :with interest thereon at � �
<br /> � 9�.2rj��per cent per annum,�payable �pril 1� $RR:1AI�&CCO[C�itl�t0 the tenor and e!3'eck . �`s
<br /> � of the - pxomis9ory note with intereat coupons attached of eaid
<br /> f� � . � � .�. . . � . . . �. c�
<br /> -� �� �j �br.aring�even date.�with these�presents.and shall pay all taxes and assesexnents levied upon said real estate�and all oth�r taxes, . pi
<br /> '' ..�levies and assessments�levied upon thia mort�age or.the note which this mortgage ia given to secure, before�the same�becomes '
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<br /> ' �{ �delinquent,and keep the buiIdings on said pmmises insured for the sum of$ � ,loss, if�any,payable to the ��. �.
<br /> � - �� said mort�agee, then these presents to be void, atherwise to be and remain in full force.
<br /> � ' " IT IS FURTHEF2 AGREED, (1) That if the said mortgagor shall feil to pay such taxes or procure such insurance, Lhe
<br /> ; � �3 :... . .... .. . . . .
<br /> . 3; �eaid mortgagee may pay eueh taxea:and procure such.insuran ce; and the sum eo�advanced,with interest�at � per. �
<br /> V - rY cent shall l>e repaid 6y said mortgagor, and this mortgage ahall stand as security for same, (2) That a failure to pay any af ``
<br /> said maney, either piincipal or interest when the same become due,or a failure to comply with any of the foregoing agree-
<br /> �� menta,shall causo the whole aum of money herein secured to become due and collectible at once at the option of the morfgagee,
<br /> � � �� IN'WITNESS WI3EREOF. the said � � �
<br /> : �� has}��reurrCo^-¢�Nsed its co orate seal tv be afCixed and these g Y' PZ'0S1G�0At �
<br /> � rp preaent�to be si ned b ita � i
<br /> th�r.'k'�x9�3Yy'�9 vf �'�ptezcber .is 77
<br /> S� •'Fx �`�'qiB=seil;�a1��,delivQred in presence of
<br /> '. �� �_;, � � M�.A--. _ EAiT__.ENT .R.XS�3.,._..T�I�:.....d,l /$
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<br /> ; �� ��� ^�-�����.�� � ,� �,L � �t Bison Build r�
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<br /> '� qg �ST .QF .a.,}�.Y.�.4�ES'il� ....... .. ............� County of...,:_...............H.dl1....._..-�-•----�---...-•---......._:.._. � � f
<br /> � f; ���$rfg�e�qe,�,rtotary public qx�alified in said county, personally came M113ri D. B1St1 �
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<br /> ge; ;,.,..�,.�..�• � k e�
<br /> President af R �
<br /> 3 ' ` Ai.id Continent �^c,nterprises, Inc, d/bj a Bison Builders ,8�o,�or8tion �
<br /> � �" known to me to be the president and idenlical person m�ho signed the Eoregoing instntment, aad acknowledged tlie eic�;ution ' 9;
<br /> � . [�. thereof to be his votuntary-act and deed as auch officer and the voluntary act and deed of said corporation and that its cor- �
<br /> i porate aeal was thereto af&x�d by rit�a��irl�1'Hi`I �
<br /> ' �� Witness my hanil and notarial s '��a1�1,OTARYSept��b��. 2�.... .. .. . •--.-----� ... 19..7..2...... ct .s�
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<br /> � , � STATE OF ... Eatered on numerical index and filed for record � +; �t��
<br /> � County }as. in the Register of Ueeds OH'ice of said Coimty the � ; .:��r
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