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<br /> 58-A-�fi�EA.L ESTATE.MO�RTGAGE�;:��.;or'p,)—WiYh TaM Clause(Revised 1�962) Th,,,._iuEm.n Gmeral Suppiy Hwiw.T�tneum,Nabr � � ��
<br /> .. . ._._. . . . _,. . . —. . _._--'- . . . .. . . . . �,; .
<br /> KNOW ALL MEN BY TIiESE PRESENTS: T'hat Mid-Continent Enterprises, II1C. (!
<br /> 4f
<br /> ; a�corporatio+�orqanized and existing under and by virtue of the taws of tlie 9tate of Ne�br��ska m ' � � �
<br /> consideration of the eum of Thirty-nine. thousand and no/10�0 ($39,000�.UO�)----�--�LLAR3 � (� �.��
<br /> ,'� in hand paid,doea hereby 3ELL and CONVF:Y unto - �I
<br /> ': Commercia.l 1Vational Bank & Trust Campany �� _ , �
<br /> - � .
<br /> ` ot Hal l councy,sta,ts of Nebr8sk3 the tui[ow;ng deacr:bea gremiees eiluated�
<br /> ' �n �Iall councy:aod Ssr�t.�oe Nebra�ka ,w•wic: �j
<br /> ; I;
<br /> ` i Lot Thirty Fous (�4) , irs Amended 8.lock Six �'.
<br /> (6) , Continen�al Gardens, An Addition to tha t�
<br /> City of Grand Is3and, Hall Connty, Nebraska ';
<br /> In the eve,nt the title to said real estate is trans£ersed, or contracted o��
<br /> be transferred, from the undersigned �or any reason or by any method what�o�+
<br /> � ever, the entire principal sum and accrued interest shall at onee beeome � " -
<br /> � due and payable at the election of the holdez hereof. E'ailure to exercis� �;
<br /> € this option because of transfer of title as abave s�ated in one instance
<br /> sha1T not constitute a waiver af the ra.ght to exercise the same in the ev n���
<br /> ' f of any subsequerit transfe�. f+
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<br /> ` 7 �# The intention being to canvey hereby az� abaolute title ut fa�e aimple. �'�
<br /> ' �� TO I�AVE AND TO Ht7I,D the remises afwve dexrlbed, with ail the a �`
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<br /> p ppurtenaneycs tbereunto belonging u�qta the� eaxl ` ��
<br /> � Mid-Contine.nt Enterprises, Inc. '
<br /> I.�, :
<br /> ; � ead to 1t.S heice and assisns forever,.provided aiwayy,and these presenta gre upon the expresa cond�tian 2hat if the �; ;' '� �. '� ��
<br /> � �.
<br /> or nsai . : .�. s
<br /> P Y p ' � ; s 1 t��:
<br /> �p e�d Mi,d Continent ElnterpriseS, Inc. it
<br /> 1 "�ns shall. a or rause tia be trid.to the�satd ��'r
<br /> � t�uowa.co-w.Co�hirtalnine1thousanel�and�no/100emthousand_&_no/100-__+_-_-_^ f� � F r
<br /> ' 3 � t heirs,execuYors,administratarei or asxigns, the sum of �hiY^t 1?ollace,payable ae
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<br /> ; _-.^-- Dotlars on the �4ti1 da af MarCkl ig7,9 t-. � � '�,
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<br /> ----�-^�^^------------- --y�-^-^--- ollllars on tte deY of . 19� I��. �` ' � :! �,�r4`����.��.
<br /> y , 19 � "
<br /> .�� � Dollars on the day of , i9- �j ' ��.
<br /> ' � with interest thereon at 10.� per cent per annum, payable semi- �uauY,a�o,�a;,,g w c�,e tenoz and effect � s '�"
<br /> .�;� of the promissory note with interest mupona attached of said � . _ j`��
<br /> ; Mid-Continent Enterprises, Inc. �
<br /> �-:�� � bearing even date with theae preaenfs and aha11 pay aq tases and asaes�enta levied upon said real estate ead all other t�ea, �
<br /> � � . levies and assesemente levied upon this mortgage or the note which this mortgage is given to secure, before the same becomea � x
<br /> � delinquent,and keep the buildings on said premises insuzed for the sum oF$ 3 9�0 O 0.0 0 ,lose,if eny,payable to the !'
<br /> � � said mortgagee, then these prnsents to be void, otherwiae to be and remain in full force. !}
<br /> � � IT IS FURTHER AGREED, (1) That if the seid mortgagor ahall fail to pay euch tazp or procure such inaurance, the i
<br /> � � . seid mortgagee may pay such taxes and procure such insurance; and the sum eo advanced, with interest at 1 0.0 per � .
<br /> cent shall be repaid by said mortgagor,and this mortgage ahall atand ea security for same. (2) That a failure to pay any of
<br /> � ., seid money, either principal or interest when the same bernme due,or a failure to comply with any of the foregoing agree- j
<br /> } mente,ehall cauae the whole sum of money herein aecured to become due end collectibia at once at the option of the mortgagee. � � .
<br /> x IN WITrtESS,.S};I�REOF, the said Mid-COIIt].riErit Enterprises, InC. �
<br /> �; ,� �hae here�mto;lfiTve$dUifs co�oraee eeal to be affixed a.,a ct,ese Preeente to be signed by ite Pres ident , .. ..: � � �-..
<br /> � ch�is . ,��tYttailaf�`�'rch . is 7B . �;
<br /> ?� � � Si�d'nealed anddol�2r red in presence of �.% . .
<br /> � : L;. �'�:�..���� vr _ -----------------•------.... Mid.-Co .t .n .. t..Enter�r: s. Inc. ;
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<br /> i.`Befor�aib�a�f�notAl�y�iubliesqueli5ed in eaid county,uperaonallyHcame ---.....M11d71-D'.--'B1Sh --..-... -.. .. -• �€ {'
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<br /> p � � ... ... � . Preaident oE �i � �
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<br /> x Mid-Cozitinent Enterprises� Inc. ,a ro�mu�„
<br /> �kaowu to me�W be the�presid�� t 'd � ' 1 pe reon who eigned the fomgoing instrument, and acknowledged the ezecvtioa i�
<br /> �� ; thereof W be,his� untary acW ch officer and the volunfary.act and deed of eaid oorporation and that ita cor � � �
<br /> � . porata eeal wan to a�d;`bSP.�I�� _.........._ . `
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