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MA —REAL ESTATE "OR" @*) —` With Tax emu" ' mftw "d iNbn i WNt WIN", 114. 0*1 xmw ALL mrN By THESE pRESENTS Tlat,Graee Lutheran Church Of Grand Islarldr Nebraska a corporation organised and existing under and by virtue of the laws of the State of Traska in eor sideration of the sure of one Hundred SevSlity -Sift Thousand one Hundred Eight and 41/10ODoLLARs in hwnd paid, does hereby "sEL.L and cONVEy unto Lutheran Church Extension Fund- Missouri Synod of St. Louis County. State of Missouri the following described premises el ttatad in "- Hall County. and state of Nebraska , to -wit: IiDtt One (1) of Grace Lutheran Church Subdivision, C-Yand Island, Hall County, Nebraska The intention being to convey hereby an absolute title in fee simple. TO HAVE AND TO HOLD the premises above described. with all the appurtenances thereunto belongvrg unto the said Lutheran Church Extension Fund- Missouri Synod and to its heirs and assigns forever, provided always, and these present@ are upon the express condition that if the said (race Lutheran Church of Grand Island, Nebraska or assigns shall pay or cause to be paid to the said Lutheran Church Extension Fund– MiSSOuri Synod, its heirs, executors, administrators or assignm the sum of-- $176,108.41 Dollars. payable as follows. to -wit: SEE ATIP,= EXHIBIT "A" AND "B" Dollars on the day of 19 Dollars on the day of '19 Dollars on the day of .19 Dollars on the day of 19 Dollars on the day of 19 with interest thereon at 9 3/4 %per cent per annum. payable nmthly 1OOMW according to the tenor and effect of the Said Promissory note bearing even date with these presents and shall pay all taxes and assessments levied upon said real estate and all other taxes, levies and assessments levied upon this mortgage or the note which this mortgage is ghcn to secure. before the rsom becomes delinquent, and keep the buildings on said premises insured for the sum of S 176,108.41 loos, if any, payable to the Mid mortgagee. then these presents to be void, otherwise to be and resin in full force. IT IS FURTHER AGREED. (1) That if the amid mortgagor shall fail to pay such taxes or procure such insurance, the said mortgagee may pay such taxes and procure such irouranee: and the sum so advanced. with interest at 9 3/4% per cent shall be repaid by -aid mortgagor, and this mortgage shall stand as security for same. (2) That a failure to pay any of said money, either principal or interest when the same become due, or a failure to comply with any of the foregoing agree- meets. shall cause the whole sum of money herein secured to become due and collectible at once at the option of the mortgagee IN WITNESS WHEREOF. the said Grace Lutheran Church of Grand Island, Nebraska has hereunto caused its corporate seal to be aflviced and these presents to be signed karwt as of this 1st day of July . le 86 Sioted. sealed and delivered in presersrs of MACE LLMWAN afUR H OF CdWZ ISLAND, NEBRASKA By. _ By: IJu vll Spore/ r Prey ident Ardeaun ane;IzMember, Board f Trustees p,C/{' h C.ounciI Member Carl w.l e r, Board of Trustees Bye a By: ti.s2 8cj/d 8rrh v ch i Vuan6 .,& S bet, Board of Trustees I(eh f!o s1C Board of Trustees [ /py ar��E r, Board of Trustees By: Ve & 4Sq1t4 r, Board O. Trustees ST1%T£ OF 5&) S.S. =NN or On this day of in the year 19_x, before :-e perso ^3111 aiP� ZS. rr65�^n, an je., kn von to ire to be the person s" �_�, described it are who executed tta9 witldn i:stru ent, and actin clt ? to rue that ej� ___ �iE—. e- m-cuted the sare=_ ulxber auttririty Vested by said ration. i � I / I �':i.._y�.�., i•�