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<br />'*� I 58-RE_4L ESTATE A10RTGAGE_(Corpora6on)-C1;ith Tax_Clausc _ '���IiuRavn Gcnerai Sunab tiove,4inooln,Nebr �
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<br /> '��''6' �1���2�� KNOW ALL MEN BY THESE PRESENTS: '
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<br /> , I THdT FUTIJRE ELECTRIC, INC. ;
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<br /> I � �= corparahos organ�^cd ar�d ca•istir:g under aud b�� virtar of thc laws of thc Statc of Nebraska , {n j -
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<br /> � ron.nderahvn of thc saas af THIRTY-SEVEN THOUSAA`D, FOUR HUNDRED THIRTl & OS/100 -- --pOLLARS i '
<br /> � ii�ha�rd haid,dacs hcreby SELL and CO\'!'EY��nto THE FIRST I1�ITIONAL flANK OF GRAND ISLhi�I) I
<br /> i GRAND ISLAND, .IEBRASKA � '
<br /> ; � o f Hall Coamt1+,Statc of I�ebraska , !hc foAowing described ¢rtanisrts situatrd j '<
<br /> {�� Hall Coiutty, and State af Nebraska ,to-.vit: �
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<br /> i LOT ONE (1) Ii� "SCHUELE SECO:� SUHDIVISIOti" Or LOT T�dO (2) Iti SCHUELE. �
<br /> i SUBDNISION, OF A PAItT OF TAS NORTHEAST QUARTER (NE�) OE SECTIO?�' TWENTY-SLK i
<br /> (26), TOWNSHIP �LEVEN (11) \ORTH; RAiv'GE TE:� {10) tdEST OF.THE 6TH P.M., IN I
<br /> t j IiAI:L.CDUNTY, NEBRASI:A. i
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<br /> j Tl,c iaitcnrion brir�g to c�nvcy I�ereby ai absolufe titic in fre simQlc. I
<br /> ' � TD HA!•'E AND TO HOLD the premises alo✓e des,:ri'ocd,:eiNt all the aQQ�vtntarrcrs!lirrcuttto hclongin,q t(Hf0 i
<br /> ° ' � 1lic said FUTURE ELECTRIC, I:�C.
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<br /> ` crid tn their /f�jrs and arsigas forc�er, fre:�idcd al:c�al�s, and these rresnt7s are uho�s the rrj+ress condition j
<br /> � tlmt ij thc snid I''[1TURE ELECTRIC, I?�C. i
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<br /> 1 os assigns sl�ail pa}�or causc to bc raid to tlre said FIRST NATIONAL B:i,\k OF GRAi\'D ISL�1:V'D
<br /> ' i ltnrs,esrculors, administratnrs or assigns, thc sura oJTHIRTT-SE��EA THOU, FOUR HU?�`D TH��1�a��F°1a�c as '
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<br /> Ijoflun�s, to-.ctit: ;
<br /> i Payable in eighty-four monthly Du(lnrs oa d:c dat�of , 79 j
<br /> ' installments of principal and Pollars nn thr duy of , rg
<br /> i interest of $660.76 on the lOth I)ollars n�i tl�c da��of , ry
<br /> i day of each month comencing Pollars nu ihc dny of . 19
<br /> :' i December 10, 1976 DoIlars ou 1hc du��uf , i9 j
<br /> ! ccid: inlerest d�rrcan at 12 (�cr crnt per auiturn, rapablc monthlV 2axx�4Xb4�jacrordinp to dic tcnor �
<br /> j m�d r�cct of ll:r ¢rontissory�iote :ritlr i»tcrest coupans auad�cd ni said
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<br /> ! bearUrg r�n:Jute u�itit tLesc Qresenls m�d sha!!ru}�all taxrs mrd asacssn7�:ts Ir.�ird uron suid real esfate mid a11 aUicr �
<br /> � tares,Iries and asscssrmcnts lrvicd aforr dris mortgvge or the note:��hich this ruortgayc is gi:•nc to sen�re.Grfore(J�e j
<br /> � samc br�oates ddinquc»r,and k�•rp tGc ba�ildinqs on said pr.misrs insurcd for flrt sam of$ 35,000.00 >>�SS, �7 �
<br /> ' i ascv,pa��able to thc sard onor(gagcc,tlirri!ltcse prrsatts to bc�oid,othci�c�isc to lr mrJ rrnmis in fufl forcc. -
<br /> � IT IS FURTHER.-3GREED, (r) Tlmt if!!re said ntortgagor shall fci!to Qat'such fazcs or[�ron�re sirdi i�:sur- f
<br /> 3 1 anrc,tlic snid mortqag�r ma}�(+ar strrh tares cnd rrnrurr r.rdr tn.sur2r.rt; u»d fhc suro� sr. nd:•anrcd, ntifh ir�;nrst n: `
<br /> per crnr aha11 be rcra;d b��said ruorl�agor, �ud this mortgag�•shcll stmid as srnrritt�Jnr smuc. (_') That ;
<br /> ju Jailairc to pn)�mn�of said moroc��,cithcr prii7cipa!or i�dcrest:rhru tlic sanc tirrome duc,or n fail:vc ro comply:c�itli i
<br /> � aay o�thr forcgoi�ig agrcnncnts,,rhall cnusc the :t�Jiolc .nun oj er�oi�c��Itrrrin srrurcd to brtomc �luc and rollcctabfa i
<br /> iat orice at!hc option of!he nwrlgagre,
<br /> j IN !i'ITtVESS iYHEREOF, the said FUTURE ELECTRIC, Ii�C. �
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<br /> f /ms he�euato rasucd its corQoratt senl to br aj�'ercd axd thesc presenfs!o be sigtted Ly its President � Sec TrQas. '
<br /> � this 28th da�,a f October .q.D. tg 76. tv
<br />¢ j Siqned,scaJcd m�d drliocrtd in Qrescucc of � '
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<br />,���w`'. I FUTURE ELECTRIC, INC. . �
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<br />-� � ' - r PresidenC
<br /> : .. ..... . ... .. _. ............... �i�•..t;eine�it;_Carl�son..
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<br /> Bv ,:,�.y:�.,- ! ( '�� � ), S�c-Treas.�
<br />`,.� � 3o n H. Mohr
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