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<br /> �6� `.Q02:359
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<br /> (P�dpation>.
<br /> � 'L'hi�raoetgage made end eatwwd.into thi� � - 28th d�y mf Atay
<br /> 19 76 ,by sad betwr,en BOUGI{TON EQUIP., INC. & FLOYD E. BOUGIITUN & LUELLA F. BQUGHTON,
<br /> Huahand ahd Wife,'each Yn his and her ocm right and as spouse of the other
<br /> (hereinattcr rofernd to�s mortgugor) ond THE FIRST NATIONAL BANK OF IGRAND ISLAND
<br /> (heroindter tcferred to aa
<br /> KortKaBeel�wh�malnt�iue an olfiee and plpce of bneinae at GRAND ISLAND,'N�BRASKA_
<br /> WtrrvssserH, thrt tor the considerudan 6ereineiter etated, receipt of which ie hemby ackuowledged,the
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<br /> mortgagor does hereby mortgage,ee]l,grant,aeaiga,and convoy unto the mortgegee,hie eucceeaora end amign�,all
<br /> , ot the[oliowiiag doeeribed property.�itwted aad being in the County ot HuJ.l ,
<br /> State of:.. Nebraska:; -
<br /> That part of the NF:t of the NI,�-� of Section 12, Township 11 North, Range 9'West of
<br /> the 6th P.M.-:described as following: Commencirg on the West.line of the NE'� of
<br /> the NW;, of'said'Section 12, Twp 11 N, Range 9 [1 where same intersects the northerly
<br /> line of`Hi-Way �130, thence NorCherly along'and upon the Westerly l'�na of said NE!� of
<br /> a j NW'� of Said Section-12; Twp 11 N, Range 9 W to the Southerly.Right-of-Way 11ne of the
<br /> Union-Pacific Railroad Company; thence Norti:::us:ez•ly along and upon the Southerly s -
<br /> Right-of-Way line`of sald Union Pacific 12ailroad C�mpaay a distance of 1275.5.Leet.
<br /> more or less, to where said Southerly Right-of-[day line of Union Pacific intersects
<br /> the Northerly line of Hi-Way l{30 thence Southwesterly along and,upon the Northerly '
<br /> . Right-of-Way line of Hi-Way /130 to tha point of beginning. EXCEPT THE TRACT DEEDED
<br /> to khe COUNTY OF HALL, as same is recorded in Deed Record lill%, page 593.
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<br /> Together wlth end ia:lading nll buildings,all lixtures including burnot IimiteJ lo all plumbing,6cating,ligheing, '
<br /> ventilating,rc[rigemting,incinetntiog,nir cunditioning npparetae,end elevetore(the mortgagon c�rcby�lecladog thet
<br /> it is intended that the itema hreein enumcrnted ehall be dcemed to have bcen permanendy instnlled as purt o[thc rcalty),
<br /> � and ull improvemenw now or hereufter exisHng thereon;the hereditnmenta and nppurtenunces and nli other righte thero-
<br /> un:u beloogiag,or in anywiae uppertaining,nnd the reversion aod reversion�,remainder and remaindeis,all rights ot
<br /> �^ ' redemp!lon,and the rente,iasues,und profits of the ubove deecriLed property(pmvidcd, however,thnt thc moHgagor
<br /> shall 6e entit(ed to t6e p;�se�esaion ot suid property and tn wllect nnd retnin thc rents,IgPucs,und p�vfite until detnult
<br /> hereunder). To 6ove'and to hold the same unto the mortgagec und the succc�sore in interest oC tfic mortgngee torever
<br /> in tce simple,ot such other estete,iP aay,us ie stnted herein.
<br /> The mortgagoi covenantn that he ie lawfully eeiced and poeeeeaed of and hae the right ta eell and conreq euid
<br /> pro�:er!y; that the eame iq fn- from,all encumbranca ezcept ae hereinabove recited: nnd that he hereby binde __� .1 :
<br /> himeel(nnd hie encccseore in interest to warrant and defend the tide aforeenid thereto and every part thenof against
<br /> the cleitns of.all.pereone whomeoex�r. N "
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<br /> 'Yh'u inetrumeat ie giveu to secure the payment of u promiaaory note dnted Ptay 28, 197G -f
<br /> in the prinr.ipal eum ai E. 145,000.0� ,eigned by, Floyd E, Boughton, Presidenl'AN[� h' �
<br /> in behalf oE 80L`GEiTON �QUIP., INC. Luella F. Boughton, Secretary , �
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<br />:a�r`� , SBA FC+3M 92B�2•)3)PRE'�IOUS EDITIONS APE OBSOLETE --
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