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110.
<br />FIRSTj,
<br />�E®E(t�6.
<br />CONVENTIONAL CORPORATION Loan Number _ 28448'----------------------
<br />NON-ASSUMABLE- 18
<br />i' (� - CONSTRUCTION
<br />LINCOLN
<br />Branch ` TYPE
<br />'`� '`�i FoRM 'No. 533 (acv. 5-71)
<br />DUE ON. SALE
<br />M'0RTG.AGEj
<br />00905'
<br />THIS MORTGAGE, madeand executed this...... ..3....... .day. of .........A ...... .....: A.D.. 111.75.:..... heiween.
<br />CONTINENTAL:GARDEN•, LTD.,-A• LIMITED PARTNERSHIP BY MID-CONTINENT ENTERPRISES,'.INC..;
<br />GENERAL PARTNER
<br />............... '. _..... ..... ..........................;... ....................... ........ .......... I.................... -: 1 u o
<br />a rrpr rati n'.
<br />organized and existing under and by virtue of the laws of the Stale of................Nebraska
<br />hereinafter referred to as
<br />the Mortgagor,and FIRST FEDERAL SAVINGS AND IRAN ASSOCIATION bF LINCOI N, Nebraska • its stiecessors and .
<br />assigns, hereinafter referred to as Mortgagee,
<br />\t+I`['NT SSE'I7I: That the swirl 14orlgagor, for and in amsirleralion of file ruin of
<br />NINE
<br />` � HUNDRED FIFTY THOUSAND AND
<br />:........ ._..........N0/100...–...–...–..-...–...–..-.:-------- I
<br />950,000 00
<br />..........:...........�
<br />......... Dollars
<br />paid • by said Mortgagee, does hereby sell anti c.onvc-y unto FIRST FEDERAI. S�XVINGS ! 4ND LOAN ASSOCIATION OF.
<br />LINCOLN, Nebraska, as Mortga);ee, its successors and assigns.•the following rlasitiiberl RE ll Estate. situated in the County of
<br />Hall Nebraska I
<br />........................................................... State of .................. , I ... to-wit:
<br />LOT 1 AND OUTLOT "A" OF BLOCK 4, CONTINENTAL GARDENS jf
<br />A TRACT OF LAND COMPRISING A PART OF'LOT ONE (1) OF FRACTIONAL SECTION SEVEN Q) AND PART
<br />OF THE WEST HALF•OF THE-NORTHWEST QUARTER (Wz NW 4) OF SECTION EIGHT (8), ALL IN•TOWNSHIP
<br />ELEVEN '(11) NORTH, RANGE NINE (9) WEST OF THE 6TH P.M., CITY OF?GRAND ISLAND,HALL COUNTY,
<br />NEBRASKA AND MORE PARTICULARLY DESCRIBED AS FOLLOWS: �.
<br />j
<br />COMMENCING AT THE NW CORNER OF SAID FRACTIONAL SECTION SEVEN (7),' THENCE S 0°:-E (ASSUMED
<br />BEARING) ALONG THE WESTERLY LINE OF SAID FRACTIONAL SECTION SEV1N•(7) A DISTANCE,OF 2402.03
<br />FEET; THENCE S 880 52' 00".E A DISTANCE OF 160.01 FEET TO ;THE POINT OF BEGINNING; THENCE
<br />N 0° 00' 00" E A DISTANCE'OF 195.00 FEET;.THENCE N 90° 00'100"E A DISTANCE OF:168.00 FEET;
<br />THENCE N 00 00' 00" E A DISTANCE OF 226.00 FEET; THENCE V90° 00'',-00" E A DISTANCE OF 98.00
<br />FEET; THENCE N'00 00' 00" E A DISTANCE OF 30.100 FEET; THENCE N,900 00' 00" E A DISTANCE OF
<br />40.00 FEET; THENCE N 0°: 00' 00" --E A DISTANCE OF 54.79 FEET;. THENCE N 900 00' `00';.E A DISTANCE
<br />OF 56.61 FEET; THENCE N 42° 47' 17" E A DISTANCE OF 137.02;FEET;;TO A'POINT ON.:THE SOUTHERLY-
<br />RIGHT-OF-WAY LINE OF COLLEGE STREIT;:THENCE ALONG THE RIGHT-OF-WAY LINE ON A 237.00 FOOT
<br />RADIUS CURVE TO THE LEFT FOR AN ARC DISTANCE OF 136.58 FEET (CHORD :BEARING S 580 34' 39'-E
<br />FOR 134.70 FEET); THENCE S 420 47' 17." W A DISTANCE OF 214:57 FEET; THENCE St0° 44' 00" W A
<br />DISTANCE OF 387.00 FEET;;THENCE N.889.52' 00" W.A DISTANCEI-OF.420.00;FEET TO. THE POINT OF,
<br />BEGINNING, CONTAINING 3.935 ACRES, MORE OR LESS.
<br />i1
<br />TO HAVE AND TO HOLD the above described premises for the uses herein set foirth:aiid to secure performance of the
<br />obligations contained herein, togetlier with all buildings, improvements, fixtures andl appurtenances and all easemen(s thereunto
<br />belonging. and it is mutually covenanted and agreed by and between the parties � hereto , ifiat all plumbing, gas: electric and
<br />mechanical fixtures, a)ipliances, eiluipment, machinery and apparatus, floor covertng3, Storni Nvindows and screeds, and such other
<br />goods and chattels and personal property as are ever furnished by a landlord in' letting or operating an unfurnished building,,simi-
<br />lar to the one now or hereafter on: said premises, which are or shall be attached `to.; said building in qny manner whatsoever, are
<br />and. shall be deemed to be fixtures and an accession ,to the freehold incl a part ofthe realty jas' between the parties hereto, their
<br />heirs, executors, administrators, successors or assigns, and all persons clairiling by,':tfirough or under them• and shall he deeme(I
<br />to be a portion of the security for the indehterhiess heroin mentioned and to be covi,reiil by this mortgage.
<br />PROVIDED. ALWAYS, and these presents are executed and delivered inion the following conditions, agreernents and
<br />obligations of the'MoTtgagors, to-ivit:
<br />I
<br />The Mortgagor agrees to pay to the Mortgagee, or order, the principal surn of •-,NINE HUNDRED FIFTY. THOUSAND
<br />--------------------------------950,000
<br />.AND -----:.. (h........00
<br />..........................................................................................:........ ............. .......... ' ...). Dollars,
<br />payable as provided 'in a note executed and delivered- concurrently herewith, the final payment: of principal, if not sooner .paid,
<br />On
<br />alie..<......-first August, 2007
<br />slay of.. .
<br />/�. .
<br />
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