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L <br />107014 <br />REAL ESTATE MORTGAGE <br />KNOW ALL MEN BY THESE PRESENTS: That Timonthy L. Wichert and Renita R. <br />Wichert, husband and wife, (Mortgagors) of Hall County, and State of <br />Nebraska, in consideration of the sum of Fifteen Thousand Seven Hundred <br />Nineteen and 58/100 Dollars ($15,719.58) in hand paid, do hereby SELL <br />and CONVEY unto Burke Pharmacy, Inc. (Mortgagee) of Hall County, and State <br />of Nebraska, the following described premises situated in Hall County, <br />and State of Nebraska, to -wit: <br />PART OF THE EAST "HALF OF THE SOUTHEAST QUARTER (E}SEJ) OF SECTION <br />TWENTY (20) IN TOWNSHIP ELEVEN (11) NORTH, RANGE NINE (9) WEST OF THE <br />6TH P.M., HALL COUNTY, NEBRASKA, MORE PARTICULARLY DESCRIBED AS FOLLOWS: <br />COMMENCING AT A POINT ON THE SOUTHERLY LINE OF DEL MONTE. AVENUE, WHICH <br />POINT IS ONE HUNDRED SEVENTY -SIX (176) FEET SOUTHWESTERLY FROM LOT ONE <br />(1), BLOCK FIVE (5), BEL -AIR ADDITION TO THE CITY OF GRAND ISLAND, <br />NEBRASKA, RUNNING SOUTHEASTERLY PARALLEL WITH THE SOUTHWESTERLY LOT <br />LINE OF SAID LOT ONE (1), AND ONE HUNDRED SEVENTY -SIX (176) FEET <br />DISTANCE THEREFROM FOR A DISTANCE OF ONE HUNDRED TWENTY -SIX (126) <br />FEET; THENCE RUNNING SOUTHWESTERLY ON A LINE PARALLEL WITH THE SOUTH - <br />ERLY LINE OF DEL MONTE AVENUE FOR A DISTANCE OF EIGHTY -EIGHT (88) <br />FEET; THENCE RUNNING NORTHWESTERLY ON A LINE PARALLEL WITH THE SOUTH- <br />WESTERLY LOT LINE OF SAID LOT ONE (1), BLOCK FIVE (5), BEL -AIR ADDITION <br />AND TWO HUNDRED SIXTY -FOUR (264) FEET DISTANCE THEREFROM, FOR A <br />DISTANCE OF ONE HUNDRED TWENTY -SIX (126) FEET TO THE SOUTHERLY LINE <br />OF DEL MONTE AVENUE; THENCE RUNNING NORTHEASTERLY ON AND UPON THE <br />SOUTHERLY LINE OF DEL MONTE AVENUE FOR A DISTANCE OF EIGHTY -EIGHT (88) <br />FEET TO THE POINT OF BEGINNING. <br />The intention being to convey hereby an absolute title in fee simple <br />including all the rights of homestead and dower. <br />TO HAVE AND TO HOLD the premises above described, with all the <br />appurtenances thereunto belonging unto the said mortgagee and to its <br />assigns, forever, provided always, and these presents are upon the <br />express condition that if the aforesaid mortgagors shall pay or cause to <br />be paid to the said mortgagee, its assigns, the sum of Fifteen Thousand <br />Seven Hundred Nineteen and 58/100 Dollars ($15,719.58), payable as <br />follows, to -wit: $15,719.58 on the 30th day of June, 1985, with interest <br />thereon at 10 percent per annum, payable annually all according to the <br />tenor and effect of a certain promissory note of said Timothy L. Wichert <br />dated June 30, 1985, then these presents to be void, otherwise to remain <br />in full force and effect. <br />A failure to pay any of said money, either principal or interest when <br />the same becomes due, or a failure to comply with any of the foregoing <br />agreements, shall cause the whole sum of money herein secured to become <br />due and collectible at once at the option of the mortgagee. <br />Signed this day of , 1987. <br />In presence of <br />STATE OF NEBRASKA, County of Hall: <br />Before me, a notary public qualified for said county, personally came <br />Timothy L. Wichert and Renita R. Wichert, husband and wife, known to me <br />to be the identical person or persons who signed the foregoing instrument <br />and acknowledged the execution thereof to be his, her or their voluntary <br />act and deed. <br />Witness my hand and notarial seal <br />My commission expires: <br />DILL NVANY -51114 of Newsom <br />JOHN R. BWWNELL <br />Ml Qwa ERA S*PL 6, 1988 <br />on tare' -6a r `-i , 1987. <br />,7ary Public <br />