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<br /> � 58-A—REAL ESTATE MORTGAGE (Corp.)—With Tax Clause (Revlsed 1962) 7La Hu�mm Caosnt Supply Ha,.e,Lmmm,N.Lr. f � �
<br /> � KNOW ALL MEN BY THESE PRESENT3: That Regency Construction, IIIC. �
<br /> : �
<br /> ��`��� ��a rnrporation organized and exisLing under and by virtue of the laws of the State of Nebraska �
<br /> consideration of the sum of FOrty T1101188riC1 and no/100------------($40,000.���—�pLI,qgg �
<br /> j in hand paid,dces hereby SELi, and CONVEY unw Co�ercial National Bank & Trust C.O, �;
<br /> 'r
<br /> ' or Hall c«��,.,scee�or Nebraska ��
<br /> the following described premiees siLuated i!
<br /> { in H8�.�. County,and State of Nebraska ;to-wit: �
<br /> � �i
<br /> � Lot Eight (8) In Western Heights Second Subdivision, Hall Countp, ,
<br /> Nebraska. �}
<br /> In the event the title to said real estate is trans£erred, or contracte ��
<br /> to be transferred, from the undersaid for any reason or by any metlzod �s
<br /> � whatsoever, the entire principal sum and accrued interest shall at once ��
<br /> become due and payable at the holder hereof. Failure to exercise this f�
<br /> �( option because of transfer of title as above stated on one instance �
<br /> � sha.11 not consititute a waiver of the right to exercise the same in the �
<br /> � eveat of any subsequent transfer. �
<br /> ,� (J
<br /> � � is
<br /> ;� ( The intention being to convey hereby an absolute title in fee simple.
<br /> � f� TO HAVE AND TO HOLD the premises above described, with at1 the appurtenances thereunto belonging unto the eaid ��
<br /> �
<br /> Commercial National Bank & Trust Co. , Grand Island, Nebra�c.a.
<br /> end W 1tS Iieirs and assigns forever,provided alwa a,and these !
<br /> ,� Y preseats are upon the ezpress conditioa ChaE if ihe .
<br /> �d Regency Construction, Inc.
<br /> or aseigna shell pay or cauae to be paid to the said Co�ercial National B2II�c & Trust Co. ��
<br /> ; � �,
<br /> i Grand Island, Nebraska �
<br /> , heics,ezecutore,administrators or aseigns, the sum of FOL'ty TL701158IIC1 and no/100------noua�,payable as S
<br /> } , followe,to-wit:�
<br /> f' Principal and interest due and Dollara on ct�e aaY ot , is
<br /> payable nouaB on che 24th asY or April , is78 {�
<br /> � � Dollars on the day of , ig P�
<br /> '{ � � Dollars on the day of , 19 i+
<br /> i� � Dolla=s on the day of , 29 -�+ � �
<br /> � � with interest thereon at per cent per annum, Payabte 4/24/78 a�ally, according to the teaor aad e8ect � � .,f
<br /> + � of the promiasory nate with interest coupona attached of said Regency Construction, ZII ; � �
<br /> ���� bearing even date with these presenta and ahall pay all taxes and aesesaments levied upon said real esffite and all other tazes, �i � � �
<br /> "f� levies�and asseesmente levied upon this mortgage or the note which thia mortgage is given to secure, before the eaxne bernmee �� �
<br /> #� � delinquent,.and keep the buildinga on said premises insured for the sum of$ N�A , Ioss, if any, payable to the }� -
<br /> said mortgagee,:then these presents to be void, otherwise to be and remain in full force. � �
<br /> � . . 2- � IT IS FUR.THER AGREED. (1) That if the said mortgagor ahall fail to pay such taxes or procure auch inaurance,the �+ � .
<br /> i ,;
<br /> �said mortgagee may pay auch tazes and procure auch insurance; and the sum ao sdvaaced, with interest at pe= ;t
<br /> cent ahall be repaid by said mortgagoq and this mortgage al�all atand as security for eame. (2) That a failure to pay any ot �'
<br /> ;�F said money, either principal or intereat when the eame become due,or a failure W rnmply with any of the foregoing agree_ F�
<br /> ments,ahall cause the whole eum of money herein sewred to become due and rnllectible at once at the option of the moztgagee. �; � �
<br /> i IN WITNESS WHEREOF, the said ��
<br /> Haa hereunto caused its�corporate seal to be a�zed and these presenffi to be signed by iffi �; � .
<br /> �` ch' 24th aer af January ,is 78 .
<br /> ° Signed,aealed d ivered in preeence of Reg Constr ction, IAC. �
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<br /> s�'A'r� og ,r ,. . co�ty ot...-�----•�Hall ;
<br /> $ ��,��$............................ . ----.....................-------........---�•-�------....:
<br /> I •' �'efare me,a notary-p��Qual;Bed;n ea;a rnwty, personally came Stanley B. Garris, Secretary-Trea f
<br /> : and''Ro�es?''?�'t��;��.. �',�� Pzeeident of i
<br /> # Reg��r`Goastructipr�,<Inc, i:
<br /> ,a corporation
<br /> ` 1�o�+'L tometo •ip_�dept,and identical rson who,g}g�,e�d the foregoing inatrument, and acknowledged the ezecution ��
<br /> '� Q� e�toR�'K��yittsaty ac�'and dee8 m au fficer an�i�lYvplii�fit§tj(Fact and deed of said corporetioa end that i!e cor- '
<br /> � ,} po, aea6 ive�r'tfieretoi�ted`liy ita authori� GENERAt £v�;;:tAR� .n !`
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<br /> „ i � r �l�n�,,�d„5otariat aeat o a.r,ys.68�.n1..tlabtaska. ............ . is..'78_.... � _---.
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<br /> ',W'tn�ag'�
<br /> } '� l • � :. . . �.„a `. ,. � " FIY Commissioo Ex - r:-:.•." """_" , r_
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<br /> ' Mr =�Rx.�.l..?�_...:,_...�: p�.« ,
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<br /> !' �, . ......._. •. --. ...�7.... :�.-: .�..._............................Notary Public.
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<br /> �; STATE OF �.. ..... _ � � Entered on numerical iade: and flled tor record �! r� �
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<br /> ��, County .._...,_:.� .._» _...__.._•--••••.._} � in the Register of Deede Office of eeid County the �i . a `
<br /> ` �! .._:�ecozded.ia Book...._ �:. � .._. of 19_.............at.._..�...__:.at`PsBe.o'clock.aad...........................minutee-•--------•-------M••� �?, +��' � ��
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<br /> a . . _.._.__._...........---...-.................................-----•-----.....Reg. ot Deeda� �'
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<br /> i :�� . . - . . BY- .... -•---- DePatY � '
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