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<br /> f b8—REAL EBTATE MOR1'GAGE(Corporation)—Wit6 Tax G7au�e T����a a•a�snvy�s�+� �p�m.�� ,�� ,
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<br /> ��$-- U 0 Q 2 7 3 �{NOW ALL. MEN BY THESE PRFSENTS: � '
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<br /> ' � TH.4T NEBRASKA SOLVENTS COMPANY � I
<br /> � + a corposation.organiaed and cxisting undcr and by virtus of the lau�s of the State of Nebraska r�
<br /> ± ± cox.rideratiosi of the sum of ONE HUNDRED THOUSAND AND NO/100---------------------------DOLLARS
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<br /> ' � in hand�aid,does hnaby SELI_and CONf/EY unto The First National Bank of Grand Island, F '
<br /> � o f Hall Count y,State o f Nebraska , ehe foUowing described Q�emues s�tuated
<br /> A' �n Hall County, and State of Nebraska �to_qyt; �
<br /> tract of land comprising a part of tbe Northeast Qaarter of the Northeast Quarter (NE3L
<br /> Qf Section Fifteen (IS), Township Eleven (11), North, Range Nine (91, West of the 6[h P.M.
<br /> 1n Hall County, Nebraska, more particularly described as follows: Beginning at the Northw s
<br /> �orner of said Northeast nuarter of the Northeast Quarter (N�4 :7E�); thence southerly alon f
<br /> the west line of said Northeast Quarter of the Northeast Quarter (NE'-4 NE'�), a distance of'
<br /> Five Hundred Thirty Eight and Fifteen Hundredths (538.15) feet, to the Northwesterly
<br /> =ight-of-way line of U. S. Highway No. 30; thence Northeasterly along said Highway right-o - ay
<br /> line, a distance of One Hundred Ten and Seventy Five Hundredths (110.75) feet; thence �
<br /> Northerly along a line One Hundred (100.0) feet East of and parallel to the Sdest line of
<br /> � said Northeast Quarter of the Northeast Quarter (NE3i NE�), a distance of Four Hundred �
<br /> Eighty Nine and Forty Five Hundredths (489.45) Feet, to the North line of said Section 15;
<br /> � �thence Westerly along the North line of said Section Fifteen (15), a distance of One
<br /> Hundred (100.0) £eet to the place of beginning and containing 1.180 acres more or less.
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<br /> ; The intewtion being to convey hereby an absolute tifle in fee simple.
<br /> � TO HA!/E AND TO HOLD tl:e p�emises above described, u�irh a![tlie appurtenonces thsre*ento belonging uwto
<br /> .� tha said The First National Bank of Grand Island, Grand Island, Nebraska
<br /> and to its hcirs and assignr forever, p�ovided always, and these presents ora upo� the espress candition
<br /> ` � lhat if the said Nebraska Solvents Company "
<br /> jor assigns shall pay o�cause to br paid to the said The First National Bank of Grand Zsland
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<br /> � heirs, execusors, edmi�iistratars or assigns, the sum of One Hundred Thousand and no/100-�ollars,¢ayabls as
<br /> � ollowr, to-avit:
<br /> f $1,293.98, including principal and interest, payable monthly, beginning
<br /> lone (1) month from date of Note, and the balance of principal and interest payble ten
<br /> ; (10) years from date of Note. PROVZDED, each said installment shall be applied first
<br /> ' � to interest accrued to the date of receipt of said installment, and the balance, if
<br /> � any, to principal,
<br /> i . . , occording to tht tnwr :
<br /> � and effrct of tl�a one promirso�y note �
<br /> beasia►g svtss date with these psesentr and shall pay all tases end assessmcnts levisd upon said rea! estate asid all otksr
<br /> ta.zes,levias a�d assessments levied upon thu mostgage or the note wh�ch thu mortgago u g�vrn to secuse,.befort thr
<br /> sams beco+nes deliaqkent,end keep eha 6urldings on said premisea ixsured for the sum of$ 100,000.00 ,loss, if
<br /> ar+y,¢oyable to ths said mortgaget, then thest presrnts to be void, otheswise tQ be and re�ai„ in ful!force_
<br /> !T IS FTJRTHER AGREED, (rJ Tltat if tht said mo�tgagor shaU fail to pay such taxss or procure such isuu►=: '
<br /> ' ascq 1ke sasd mortgagse may pay such taxes ond procuse such {nsurance; arsd Jhe sum so advanced, zvith intsrest at,
<br /> j11% pe� cen!skdl be �eQaid by said morJgagor, and this morl,qage sha[I stand ar secusity fo�same. (�) Tha!
<br /> , a failure ta pay axy of soid mansy, either principa! or ixttreat wken the same becoma due,or a failur�to cornplq mith
<br /> iany of lhe fortgoing ag�semenss, shaU taust the whals sum nf moncy herein secu�ed to become dur axd collrctoble
<br /> at one�at !hs option of ths mo►tgagee.
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<br /> ; � IN WITNESS WHEREOF, the said Nebraska Solvents Company 'S`��`' + �.�
<br /> 1 ` ,.� President 1 �t:. - .. �,•, .
<br /> ' � !ws hsrnaito eausrd ib sor¢orats ssa! to be offized and thtse pretents to#be signed by its L _e.;� �
<br /> ; � ehi,r. 29th .day of December A D. r,� 7� , + . .„• ,,;;
<br /> y4 �t�r e.iih�ssr.,, +
<br /> ' Sigrssd,sta d dtlivtred in presence of �`` 4 ��-��;"`
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<br /> !' � ......... .... ... .. .. ................................. ................. .L , h`Neb,�m Solvents_.CompanY.._. . .
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<br /> � .n� �°President .:i� 1
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