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<br /> � � 58 A—�REA1.E$SA7E MpRTGAGE Cor �
<br /> ( p.)—With Tax Clause(Revised 1��962j 1te.turtm„n Gener.�8opply gouss,Liomm,N.br �
<br /> _..—�1 . . .�.— . . ._. � .. �� ___.____ . —�_,�, _. , . . �. — .
<br /> f KNOW,ALL ME1V BY TFIESF. PRh'Sh:2VTS: That Mid-Coatinent Enterprises, Ii1C. �:
<br /> ` t .a�corporation oxgan�aed and�sieCing�unQc•r and by� victue nf the ln�ws uf The State o[ ATebrask.a in�I �� �
<br /> r � mt�sideration of Che enm of FOrty thousand and ,no/100($40,O�O�U�_00)�-------------�I,I,ax.y� E� �
<br /> � � � �in hand paid,doen hereby SELL gnd CONVEY unto �
<br /> �
<br /> ` Commezcial National Bank & Trust Company � ,�
<br /> � of Hdl.�, County,State of Nebras}ca the tonoW,nR aeearibed�nem;aea situaceci
<br /> �n Hdll couney,ana stare oc Nebraska ,ea-.,,ir. �'
<br /> � ti
<br /> [[[ Lot Eighteen (18) , in Amended Block �;
<br /> { Six (6) Conti.hental Gardens, 1�n � j?
<br /> � i Addition to the City of Grand Island, 4 �
<br /> i � Hall County, Nebraska. 3
<br /> � � ��.
<br /> � � In t27e event the ti.tle to said zeal astate is transferred, or contrac�ed � '
<br /> � � to be transferred, from the undersigned for any reason or by any method
<br /> �� whatsoever, the entire priricipal sum and aecrued interest shail at once ''
<br /> become due and payable at the election of the holder hereof. Failure {'
<br /> to exercise this option because of transfer of �itle as above stated in ��
<br /> �' one instance shall not constitute a wazver of the right to exercise the iF
<br /> �, same in the event of any subsequent transter. �;
<br /> �,�
<br /> z ii i�
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<br /> �� The inttr.ntion beinK to mnvey hereby an abaolute tide in fee simple.: IS
<br /> j� TO }iA\7E ANTI TO HOLI� the prumisns above describecl., with 811 th�e ep�urtenrincr,s thereunto belonginq unto the saxl� t?
<br /> � Mid-Continent Enterprises. Inc. i �
<br /> �� and�to 1.t-S heinu and avsigns forevex, prowided nlwa�.vs,and these resents ure u ��
<br /> p pon thr.espres.s�rnndition that if the� �.
<br /> `� said Mid-Continent Enterprises, Iric. �:
<br /> or sasigns shell pgy or c3�:se to�be psid to Che said �t
<br /> Commeraial National Bank & Trust Company �'
<br /> i�
<br /> ��l -Sheiis,�xecutprs, adm:inistrator�or assigns,the sum of �"OZ't thausanel & Iib 100 � --- Dollerrn, �
<br /> ; ! Y / -psyabte au� i` !
<br /> ; �j ' followe.to-wit: Forty tkiousand and no/100-------------------------------
<br /> ' --------•.---�------^---^-------^---- Dollars un the 29Ch day of M8LC�1 , 1979 "
<br /> 1 .
<br /> ? � D�ilars r.�n the da;y of ,. 19 �
<br /> � �� Dollars on Ehe day of , 7:9 E;. �
<br /> "g �{ DoUars on the dsy of , 19 '�
<br /> � Dollara on the day of , 19 !i
<br /> ` with interest th¢mon at 10.0 per cent per annum, payable semi- ann�auy, accoraing w ct�e tenor and effect �" �
<br /> i {!
<br /> $ � of the promisaory note with interest coupons attached of said � � �
<br /> � Mid-Continent Enterpri.ses, Inc. 9i
<br /> ' �d� bearing even date with these presents and shall pay all taxes and assesemente levied upon said real estate and all other t�ea, ji �
<br /> ; levien and asaessments levied upon this mortgage or the note which this mortgage ia given to secure,before the same becomen E(E
<br /> .} delinquent,and Iceep the buildings on said premises insured for the sum of$ 4 O�0 0 O.0 0 , losa,if any, payable to the ;'
<br /> ' i eaid mortgagee, then these presents to be void, otherwiae to be and remain in full force. �! � .
<br /> .IT IS FURTHER AGREED, (1) That it the said mortgagor ahall fail to pay such taxes or procure such insurance,the ¢( . - �
<br /> " seid mortgagee may pay euch tarzes and procure auch insurence; and the sum so advanced, with interest at 1�.� per ��
<br /> t cent ahall be repaid by eaid mortgagor, and this mortgage ahall atand as aecurity tor same. (2) That a failure Lo pay any of �} � .
<br /> said money, eitFaer principal or interest when the same become due,or a failuze to comply with any of the[oregoing agree- f3 �
<br /> ° r
<br /> ments,shall cat�e the whole eum of money herein secured to become due and coLLectible nt once at the option of the mortgagee. j� �
<br /> � IN WITNES3 WHEREOF, the said M1d-COZ1t1A0rit Enterprises, IIIC. �,
<br /> t
<br /> .:t �has hereunto cauaed�ita,Forporate seal to be affixed and these preaents to be aigned by ite President E� � � . �
<br /> r +a�a 29t,h�uay�'ef;:.�,�•M"arch , is 78 . fl �
<br /> ,
<br /> u
<br /> ; �� ,j S�gnec�bybe�ai3d�dernv�sed in Preaence of i _.
<br /> i _
<br /> + �,..�, ,�;a Mid-Continent Enter rises �nc. �'
<br /> ---�---...�
<br /> �� F '"" �.ry . . ..... . ...... .... . . . ... ... ...I.... ..........__ � . .
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<br /> ��`"i2a is �e"si3en£�"_'_'--._..-----•-•-� �j .
<br /> 4 SrnTE oF.;;- '::�bYaska ........... .. . Counc of_.......Hall.......... �,
<br /> ;3 . a .._"""_""•'_' .. ....... Y ""..........__....._"'_"......_.........: 1 �i
<br /> "�� Before tiiew��j�tg�dblic quslified in said county, peraonally came Mi1Zri D. B1Sh �; �
<br /> � President of� ;�
<br /> ; Mid-Continent Enterprises, Inc_ ,a rn�oration G;
<br /> .�4 � � � : Irnoavn�to meto be the-president nnd identical perzwn who aign ed the f�rngoing instrument, and acknowledged the ezecution " ��
<br /> ,� t6ereof to be�hia voluntary aM�and deed as such officer and the voluntary act end deed of eaid corporation and that ita cor- ii �
<br /> porate eeat�rae t8eretn sffized,by its authoriLy. �� . . . �
<br /> , :. cnns ��
<br /> � �,`:Witae���nY Iaanil'a�''qk,�}703�1�oa -.----- � .
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<br /> � ITI"fi � s. .
<br /> �� ' S�ATE OF.._ ��� . �- Entered on numerical iadez and filed for record � � �` y
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<br /> p;� ',... .CountY �._�..._ �__�.»._.............__ _.-•---�. .�._..:_} � m the Register of Deeda Office of said Couaty the j? s�.�,-
<br /> 3 1 . :.�. . . ... .: i� . :�'t
<br /> +� .._.�.....:..__.�...day of.._-••. � � _..._..._..__......-. 19............. at......_•---•••-•--:_.._.....o'clock and.---•........._--...---...minutes...._......__.._....M.. I( r�` i�wm>
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<br /> ;� and.zeooaded in Sook..... ..-----_...._.._-----.....of.-----...___._____......__...at page.__...._....--.................--••--•• t ,,
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<br /> „ ��,- . � � . ._.............................••-----.....-•-•....__...._._............._.....Reg. of Deeda ! ;� . �
<br /> i ;
<br /> ; . . � By--.......................•-----....._........_...-----.._..----�--...... ..........Deputy ;
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