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OOM
<br />�RST
<br />CONVENTIONAL — CORPORATION _
<br />FEDERAL NON-ASSUMABLE—CONSTRUCTION Loan Number -_.-
<br />NON -ASSUMABLE —
<br />_— 18
<br />L1 N COLN FORM No. 533 ttiev. 6-71) Brandi Type-
<br />LINCOLN
<br />ype'
<br />DUE ON SALE
<br />MORTGAGE,.
<br />THIS MORTGAGE, made and executed this....:.............day of....J.�.�. � ! �.�V................. A.D., 1 ... between
<br />CONTINENTAL ... GARDEN.,...LTD....,...A..LIMITED ... PARTNERSHIP..BY..MID-.CONTINENT..ENTERPRISES,..,INC...., _:...............
<br />GENERAL...PARTNER......................................'.................................................................................:.....::........................................................................:.
<br />_....:........................................... :.......... .................... ............. :.'.., a�tic I rr, n, "
<br />cor 1r 1
<br />organized and existing under and by virtue of the laws. of the State of... ....... Nebraska .............................. I hereinafter" referred to as
<br />the Mortgagor, and FIRST FEDERAI, SAVINGS AND'LOAN ASSOCIATION OF LINCOLN, Nebraska, its stiecessors and
<br />assigns, hereinafter referred to as A4ortgagee,
<br />WI'I'NESSETI-1: That the said 1lorlgagor, for and in consideration of the sum of
<br />NINE. HUNDRED.. Dollars, ,
<br />Haid by said Mortgagee, does hereby sell and convey unto FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF
<br />LINCOLN, Nebraska, as Mortgagee, its successors and assigns, the following described Real Estate, situated in (lie County of
<br />Hall ............... State of .......... ....... Nebraska ................. ............ ......... .........
<br />LOT 1 AND OUTLOT "A" OF,BLOCK 4, CONTINENTAL GARDENS
<br />A TRACT OF LAND COMPRISING A PART OF LOT ONE (1) OF FRACTIONAL SECTION SEVEN (7) AND PART"
<br />OF, THE VEST HALF OF THE NORTHWEST QUARTER (W2NW-) OF SECTION"EIGHT (8), ALL IN TOWNSHIP
<br />ELEVEN (11) NORTH, RANGE NINE (9) WEST OF THE 6TH P.M., CITY OF GRAND ISLAND,'I-ALL COUNTY,
<br />NEBRASKA AND MORE PARTICULARLY DESCRIBED -AS FOLLOWS:
<br />COMMENCING AT THE NW CORNER OF SAID FRACTION_4L SECTION SEVEN (7), THENCE S 00.E (ASSUI�Dm
<br />BEARING) ALONG THE WESTERLY LINE OF SAID FRACTIONAL SECTION'SEVEN (7) A DISTAN'CE,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 00 00' 00" E A DISTANCE OF 195.00 FEET; THENCE N 900 00' 00" E A DISTANCE OFi68.00 FEET;
<br />THENCE N 00 00' 00" E A DISTANCE OF 226.00 FEET; THENCE N 900 00' 00" E A DISTANCE OF 98.00
<br />FEET; THENCE N 00 00' 00" E A DISTANCE OF 30.00 FEET; THENCE N 900 00' 00" E A'DISTANCE OF
<br />40.00 FEET; THENCE N 00 00' 00" E A DISTANCE OF 54.79 FEET; THENCE N 900 00' 00" E A DISTANCE
<br />OF 56.61 FEET; THENCE N 420 47' 17" E A DISTANCE OF 137.02 FEET TO A POINT ON THE SOUTHERLY
<br />RIGHT-OF-WAY LINE OF COLLEGE STREET; 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 5$9-34' 39" E
<br />FOR 134.70 FEET); THENCE S 420 47' 17" W A DISTANCE OF 214.57 FEET; THENCE S oO 44' 00" W A
<br />DISTANCE OF 387.00 FEET; THENCE N 880 52' 00".:W A DISTANCE OF 420.00 FEET TO THE-POINT.OF
<br />BEGINNING, CONTAINING 3.935 ACRES, MOLE OR LESS.
<br />DUH TO THE DATE OF THE FILING OF THE CERTIFICATE OF LIMITED.PARTNERSHIP OF CONTINENTAL
<br />GARDENS, LTD., THIS MORTGAGE IS GIVEN AS A CORRECTIVE INSTRUMENT TO A MORTGAGE DATED
<br />AUGUST 13; 1975, and FILED AUGUST 14, 1975, at 2:28PM, IN BOOK 170 PAGE 190, REGISTER
<br />OF DEEDS, HALL COUNTY, NEBRASKA.
<br />-TO HAVE AND TO HOLD the above described premises for the uses herein set forth and to secure performance of the "
<br />obligations contained herein, together with all buildings, improvements, fixtures and appurtenances and all easements thereunto
<br />belonging, and it is mutually covenanted and agreed by and between the parties hereto that all plumbing, `gas, electric and
<br />mechanical fixtures, appliances, equipment, machinery and apparatus, floor coverings, storm windows and screens, and such other
<br />goods and chattels and personal property as are ever furnished by a landlord in letting or operating an unfurnished building, sim;-
<br />lar to the one now or hereafter on said premises, which are or shall be attached to said building in any manner whatsoever, are
<br />• and shall he deemed to he fixtures and an accession to the freehold and a part of the realty as between the parties,hereto, their
<br />heirs, executors, administrators, successors or assigns, and all persons claiming by, through or under them, and _shall he deemed
<br />to be a portion of the security for the indebtedness herein mentioned and to he covered by this mortgage.
<br />PROVIDED' ALWAYS, and these presents are executed and delivered upon the following conditions, agreements and
<br />obligations of the INIortgagors, to -wit:
<br />The Mortgagor agrees to pay to the, ivlortgagee, or order, the .principal sten of. NINE_'HUNDRED FIFTY•, THOUSAND
<br />.................... ....................
<br />AND ... N0�100--.--.-.-.--.c:-r.-.-r-.rr.-r r..-.--.-.--:-.---.---.---,--- - .................... T$ ... 950,000.00:.................. ) Dollars,
<br />payablt-as provided in a note executed and delivered concurrently herewith, the final payment of principal, if not sooner paid,
<br />on the-.... First ....:.:.......:day of....:......Ast........................................
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