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<br /> * . hTs..”."41,-.; Te HaeminDn r�1 0upD1, iowe lncolu N:brr 11 7r 58=d14 ltiTpTE•MORTGAGE',(Cinvoratlon) witax 2,fr •
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<br /> r� '1'� KNOW ALL MEN BY:THESE'PRESENTS:` , i
<br /> ,, . THAT ''»'Kelly Well Company, Inc j = 4,
<br /> L',y";.c4Tir,,.,t;1i,,,.. �, , a corporation orgap,ted attd exsshng under and by;virtue of,the taws of the State of Nebraska< in i y1i
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<br />.., ca sstderatlo`n of,the sum,of Four Hundred Thousand and no/100 -- __ .DOLLARS
<br /> in hand paid sdoes hereby SELLand CONVEY unto Commercial;National Bank'>& Trust Co I
<br /> of! Hall County,State o • �; Rt < I
<br /> • }: i f NAbr89ka ..>'.- the fol,. dC,--, „.d premsessituated tfr
<br /> nxt,r,t �+ j} in Hall • county.and'State of 'Nebraska '''',..'.-°7-!':!•.:.t1 ! '
<br /> " ' $y ! i , 1 xJa,
<br /> i ,s i LLL LOTS ONE (I) AND EIGHT (8) IN BLOCK',ONE .(1),..IN:NAGY,S`,,ADDITION; i..
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<br /> '.;-'1.'4714;;':•:','. TO 1'H1 CITY.-OF:GRAND,ISLAND,A NEBRASKA,,AND :, , • 4141
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<br /> a11.410:';','':',...::,111,1::',;.";....'.',',4 'LOTS FOUR (4)., FIVE (5);`•SIX .(6), SEVEN (7), AND EIGHT.-'(8) ,OF THE } )it' Lrr
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<br /> F , ,y_ i ' `COUNTY�_SUBDIVISION AF'.THE.WEST'-:HALF.:'OF THE-SOUTHWEST QUARTER::(W SW' )! i d(;
<br /> '.,.3- z € 'OF'SECTION TEN•(10), IN.:TOWNSHIP ELEVEN: (11), NORTH, .RANGE".NINE -(9) i.11 ',
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<br /> WEST,.OF.':THE':6TH P,..M. , AND
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<br /> t�rt '7 ' THAT PART''' ''LOT':NINE (9) OF'THE COUNTY 'SUBDIVISION "OF. THE WEST HALF `
<br /> s 'OF THE' SOUTHWEST QUARTER (W%SW'). OF SECTION:TEN (10,)•,'.IN. TOWNSHIP 1• � p rye
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<br />;71 : , 'ELEVEN': (11) NORTH,,`RANGE:NINE'(9), WEST''OF.,THE,SIXTH,P,-M.,, BOUNDED._AND +
<br /> i7 ' I -DESCRIBED AS,FOLLOWS; TO WIT: 'COMMENCING:AT:.THE'SOUTHWEST.CORNER OF "LOT- 1 k '
<br /> 4 I EIGHT ;(8) OF;SAID,COUNTY SUBDIVISION:: RUNNING'THENCE"IN`A':SOUTHERLY • �i �' '
<br />-+1 i DIRECTION ALONG'+THE:EASTERLY,BOUNDARY: LINE:OF`NAGY''S:ADDITION:'-TO.THE; . i 'I t t ,
<br /> ; ,E 'I',•:::-.-':.a ITY OF GRAND ISLAND, NEBRASKA, 89.7`FEET;";THENCE .NORTH;;:81:.DEGREES 33 i}
<br /> -2 r f3: 'I1......-•:FEpEET';(VAi,titgerION,.;',11:-...DDEGREES 45 FEET EAST) 458 FEET'sTO THE SOUTHEAST li
<br /> � i CINE agOSAI#1E0a.=E :"G ;1'�8)Tpp Cp�� S ij T ,ALONG--.THE SOUTH I ', V
<br /> " 'L1 1,The-intention:being to convey hereby an a solei}e title`in ce sunp E � , ,
<br /> ,11TO'HAVE."AND TO•HOLD the premises above.described,with all the appurtenances thereunto belonging unto i 'It ;• ,,
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<br /> v s i the'said;.,.Conmtercial National..:Bank'&-Trust::Co. t °
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<br /> Ito its;:, a rs and assigns forever,provided always, and-these presents'are upon the express condition 1. a
<br /> 4r i) r ti;1,f the said Kelly We11„Company, Inc. ; 1; .
<br /> r }i 1-or•assigns shall pay or cause to be paid •to the said •Commercial:National Bank & Trus t Co.
<br /> 4174?; ` t ,eirs;executors, adsnitiistrators or assigns, the sum of no 100 t
<br /> 1 g Four Hundred Thousand.and Douars,.payable as, 1j
<br /> ),.). 1aitows to- it: no/100
<br /> ,,t,;4 ;Eight Thousand'Five-Hundred:and �Dygigkon the 15thday of April ,1976 ;
<br /> ii Eight,Thousand. .Five-Hundred and"Y'olftdd1 ort the 15thdayof each month ther 'afterii
<br /> r it '' Dollars,on the day of , 19
<br /> X45 =` - Dollars on the. day of t9 r
<br /> s ry�7. 'i 1 Dollars.on the day of i
<br /> aK J �� , wit{t.interest thereon.-at 10 per cent per annum,payable monthly snnarsfty;according to the tenor a; '
<br /> ce[ , and effect of the •one promissory note ' ith-interest•oespsn.ratt ehed-of'said
<br /> ! Kelly.Well Company, Inc. ,
<br /> ; ' i bearing even date with these presents and shall pay all taxes and assessments levied upon said real estate and all other '
<br /> p � 1 taxes,levies and.assessments levied upon this mortgage or the note which this mortgage is given to secure,before the 1
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<br /> ..1..,;:.1..,"P;;.1 same becomes-delinquent,and keep the buildings on said premises insured for the.hiss of x00,000 00 ,loss,if' ir
<br /> '1j any;payable to the said mortgagee,then these presennts•to bt void,otherwise to be and.remain in full:force. it
<br /> ; YT iS FURTHER AGREED, (t) That if clic said mortgagor shall fail to pay such taxes or procure such istsur '
<br /> ance,,'the said:mort a eema a such taxes and% rocurersuch insurance;and the sum so advanced;with interest at' }
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<br />.,..--,13.t:4•-':.1; i per cent shall be.repaid by said mortgagor, and ths mortgage shall stand.as security for same. (zJ That, I'
<br />. �,,,i,7).,:•:;.'i1 a failure to-pay any-of-said money,either principal or interest when the same become due,ora failure;to compl�i"w,th!.jj.1 ,
<br /> six 6; 1• any of the fb'regoing'agreements,shall cause the whole sum of,money herein secured to become due lT collectable 1
<br /> { at once'at the option of:the mortgagee ,
<br /> tle 'a `' t IN li'ITNESS WHEREOF the said 'Kell ,We11:Com an Inc.: jav ti3� . i ii
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<br /> v4 c has./..:ereunta caused its corporate seal to be afixed and thes•e presents.to be signed,-b its y* a ti o V.V. ', +
<br /> D ; 11 , thisa �. 3rd' day-of ,...,March,'7,•s.- - A.D t9.76.•,,,,,•:-..., L ti ° a. :c 4 a i; �Vc Lit..
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<br /> igued se; elruered in,.,presence of �.0 o, �'; f � J
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<br /> { . • yi a'•'' i� • L a Kelly Well Company.* I - • i — a
<br /> �, i �s��r ��+ . 1...,..$, 7;7-.7-7' ' _,,N-4,;..,,,,,:1,,,s. � � — fi .�
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