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<br /> ! 58-A-REAL ESTATE MORTGAGE (Corp.)—With Tax Clause(Reviaed 7962) 77�e HuBmen Geneea!Supply Hooee,Liaooln,Na6r {� � �
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<br /> � KNOW ALL MEN BY THESE PRESENT3: That M1d-COntinCIIt Enterprises, Iric. 1;
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<br /> a rnrporation organized snd esiatinR under and by virtue of the lawa of the State of Nebraska � �i
<br /> conaideration ot the sum of Thirty-nine thousand and no/100 ($39,000.00)------DOLLARS �; .
<br /> � in hand paid, doae hereby SELL and CONVEY unto
<br /> Commercial National Bank & Trust Company �{
<br /> or Hal l councy,s�ce ar Nebraska the following described premiaea situated W
<br /> �� sn Hall Councy,ana swc�oe Nebraska ,co-.,•;e: ��
<br /> �� Lot Thirty—Four (34) , in Block Six (6) , Unit I�
<br /> One, Continental Gardens, An Addition to the !;
<br /> �� City of Grand Island, Hall County, Nebraska. !�
<br /> }� In the event the title to said real estate is transferred, or contracte8 t` !'
<br /> �� be transferred, from the undersiqned for any reason or by any method whats ��
<br /> �! ever, the entire principal sum and accrued interest shall at once become � "
<br /> J! due and payable at the election of the holder hereof. Failure to exercise
<br /> �l this option because of transfer oP title as above stated in one instance '
<br /> �� shall not constitute a waiver of the right to exercise the same in the eve �'
<br /> � of any subsequent transfer. !;
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<br /> � �i The intention being to convey hereby an absolute tiUe in fee simple. i� �
<br /> p TO HAVE AND TO HOLD the premises above describeci, with all the appurtenances thereunto belonging unto the said �i
<br /> � Mid-Continent Enterprises, Inc.
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<br /> � �d � 1'tS heirs and assigns foreveq provided always,and these presentv are upon the express condition that if tbe �I � � � � .
<br /> ! ��a Mid-Continent Enterprises, Inc. '�
<br /> or asvigns shall pay or cause to be paid to the said � ��
<br /> ? � Commercial National Banlc & Trust Company �i
<br /> if 1 Sheirs,executors, administrators or assigns,the aum of Thirty-nine thousand & IIO�100--�ll8i8��Yable ae ��
<br /> touows,to-Wit: Thirty—nine thousand and no/100----------------------------- �t `
<br /> ,� ---------------------------- noua�s on the 29th aay of March . is 79. ��
<br /> "�y Dollare on the day of , 19 �� .
<br /> � Dollars on the day of , ig 3't . . �
<br /> �� Dollare on the day of , 19 I': �
<br /> � Dollars on the day of , lg �� _
<br /> with intereat thereon at 10.0 Per cent per annum,payable 50It11- annually,accordin�to the tenor and effect � �
<br /> �`
<br /> of the promissory note with interest coupons attsched of eaid �� .
<br /> i Mid-Continent Enterprises, Inc. f)
<br /> �f� bearing even date with these presents and shall pay all taxes and aqseasments levied upon eaid real eatate and all other tazes, � � � �
<br /> :j levies and assessmenta levied upon thia mortgage or the note which this mortgage ia given to aecure, before the same becomes 4j � � � �
<br /> .,� . delinquent,and keep the buildings on eaid premiaes inaured for the sum of$ 39 000.0� , �oes.if an �` � - . � �
<br /> said mort a ee, then these � Y. PaYable to the �1
<br /> g g presents to be void, otherwise to be and remain in full force. �. - �
<br /> IT IS FCTRTHER AGREED, (1) That if the said mortgagor shall fail to pay such taxes or procure auch inaurance, tl�e �� . �
<br /> ? said mortgagee may pay auch taxes and procure such insurance; and the sum ao advanced, with interest at 10.� per •�
<br /> - cent shell be repaid by said mortgagor, and this mortgage ahaLL stand as security for eame. (2) That a failure to pay aay of �;
<br /> f � said money, either principal or interest when the same become due,or a failure to comply with any of the foregoing agree- � � �
<br /> '�� ments,shall cauae.the�whole aum of money herein secured to become due and mllectible at once at the option of the mortgagee. i! .�
<br /> � IN WITNESS 11flHEREOF, the said �i
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<br /> hae hereuatQ+yGa��d;i1ts fcorporete seal to be aflixed and these presents to be eigned by its PSE>S1d2Ilt y � �
<br /> ;� ct�is 2��haay at.' .,24arch , is 78 . �I
<br /> ' S�}ned.•eealed'and iiqliG�red in presence of t! � � � �
<br /> ,�1. .'. �.a^ I/i� .. . . �
<br /> ° ' .'x `� Mid-C nt' ent._Ent pris�s, Inc..
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<br /> 's 3TATE'•CSFt�`+`�eir°x�4-�raska .-.--.., coun:y ot...---. Hall , ii :
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<br /> -; � �Before�iiih;a.•nofary public qualified in eaid rnunty,personally caine ii - �
<br /> -� . - � � M11dII D. B1S�'1 President of I r' �
<br /> , ; Mid-Continent Enterprises, Inc. ,a rnrporatioa r'
<br /> j .Imown W meto be the pzesident and identical�pereon who aigned tbe forngoing instrument, and acknowledged the ezecution %' � � `
<br /> a theteof to be hia volunffiry act and deed as auch of8cer end the volunfary act and deed of eaid corporation and thst its cor
<br /> porate aeal s thereWl79�$E�t�tYJ�f9uthoritY. 7�
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<br /> � iVotery Pubiic. �i k�
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<br /> '� ' 3TATE OF � ..___....�...........x• Entered on numerical inde: and ffied for record il gr.::
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<br /> , . ConntY � -. .. �� � .».---...._.._..__......}ee. . . in the Regiater of Deede Office of said County the .' � p�+ "S.
<br />+.� . � � . � Yi r .
<br /> .day of_..--•--- . ----o clock and-.---...._.__. ' ,y� �=
<br /> •••..............�_ •-_•..........._..._....... 19..._._....., at_......_...._......:_..... ---...__..._minutes_.__......._.._......M., �u ...�:`- .
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<br /> i ,and recorded�is Book..._...._...............................of...........:.............__..----_...at page..._............-----......_........------- i � .
<br /> : #( � � �. � � --......._..._..__...---.__.....-----.._...-------..............._.....FteE. of Deed.q� ��,, .
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<br /> , � � BY .. ... ....DePutY r �
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