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<br />88-101127 <br /> <br />SPECIAL WARRANTY DEED <br /> <br />1 <br /> <br />STAHLA MOBILE HOMES, INC., herein called the Grantor, for <br />and in consideration of cancellation of personal liability owing <br />from Grantor to Grantee, ~oes grant, bargain, sell, convey and <br />confirm unto HOME FEDERAL SAVINGS AND LOAN ASSOCIATION OF GRAND <br />ISLAND, herein called the Grantee, the following-described real <br />estate in Hall County, Nebraska: <br /> <br />A tract of land comprising a part of the <br />Southwest Quarter (SW!) of Section Twenty-Six <br />(26), Township Eleven (11) North, Range Ten <br />(10) West of the 6th P.l-I., Hall County, <br />Nebraska, more particularly described as <br />follows: Beginning at the Northwest corner <br />of said Southwest Quarter (Sl'll); thence <br />running Southerly along the West line of said <br />Southwest Quarter (SI-l1) a distance of six <br />Hundred Twenty-Four and Ninety-Three Hundredths <br />(624.93) feet to a point on the Northerly <br />right-of-way line of the Union Pacific <br />Railroad Company; thence running Northeasterly <br />along said right-of-way line a distance of <br />One Thousand One Hundred Ninety-Six and <br />Forty-Three Hundredths (1,196.43) feet to the <br />point on the North line of Southwest Quarter <br />(Sl-H); thence running Westerly along the <br />Nortl' line of said Southwest Quarter (Sl'll) a <br />distance of One Thousand T\o:enty-One and <br />Thirty-Two Hundredths (1,021.32) feet to the <br />point of beginning and containing 7.338 acres <br />more or less; <br /> <br />TO HAVE AND TO HOLD the premises above-described, together <br />with all the tenements, hereditaments and appurtenances thereunto <br />belonging, unto the said Grantee and to Grantee's successors and <br />assigns forever. And Grantor hereby covenants with the said <br />Grantee and with Grantee's successors and assigns ~hat Grantor is <br />lawfully seized of said premises, and the said Grantor hereby <br />relinquishes all right, title, claim and interest in and to the <br />above-described premises. <br /> <br />This Special Warranty Deed is given as an absolute <br />conveyance, the Grantor having conveyed said land to the Grantee <br />for a fair and adequate consideration, such consideration being a <br />release of personal liability on obligations secured by the <br />Mortgage executed by Grantor to Grantee as mortgagee, recorded as <br />Document No. 76-006849 in the office of the Register of Deeds of <br />Hall County, Nebraska. <br /> <br />Grantor declares that this conveyance is freely and fairly <br />made, and it is the intention of the Grantor and the Grantee that <br />title herein to be conveyed, in exchange for the release of <br />personal liability as to the Mortgage, shall not merge with said <br />Mortgage. <br /> <br />signed this ~'2 '7 day of .0J JVI{ il ~t./ <br /> <br />, 1988. <br /> <br />L <br /> <br />STATEMENT ATTACHED <br />NEBRASKA OOCUMENTARY - <br />STAMP TAX <br /> <br />STAHLA MOBILE HOMES, INC. <br /> <br />MAR 8 1988 <br /> <br />c----/ <br />(' <br />ny' / <br />Pr <br /> <br /> <br />k-'~- .;)- '''I <br />, ~ J / <br />-'--/~~ <br /> <br /> <br />, <br />