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85--002125
<br />ASSIGNMENT AND MORTGAGE OF INTEREST
<br />KNOW ALL MEN BY THESE PRESENTS:
<br />That the undersigned, Tri -City Wholesale, Inc., a corporation,
<br />being the Buyer of the real estate hereinafter described under a
<br />certain contract and agreement made and entered into on the 10th
<br />day of January, 1984, and recorded as Document No. 84- 000145 in
<br />the records of the Register of Deed f
<br />which Tri -City s pl Hall county, Nebraska, 4n
<br />y Wholesale Inc, a corporation, is the Buyer and
<br />Samuel J. Teague and Donna J. Teague,
<br />in consideration of the sum of TG10 HUNDRED bTHOdUSA and wife, are Sel-lers;
<br />ND AND ;0/100 -- --- - - - - --
<br />Dollars in hand paid, receipt whereof
<br />hereby assign, transfer, set over, sells andeconvey �1to1N ors esl_ -3,pn r
<br />Grand Island, N.A., Grand Island, Nebraska, all our right, title an
<br />interest in and to such aforesaid contract and agreement and ;n ,�_.�
<br />to the real property agreed to be e
<br />purchased therein, n +- . �jj ����"`
<br />-'• r tO-6�J1
<br />Lot Two (2), Connell Industrial Park, Second
<br />Subdivision, in Section Eleven (11), Township
<br />Eleven (11) North, Range Nine
<br />6th P.M. (9) West of the
<br />, in Hall County, Nebraska,
<br />the intention being to convey and transfer hereby all of our ri ht
<br />title and interest in and to such contract and agreement and the
<br />aforesaid described real estate, subject only,
<br />g '
<br />contract and agreement. Y. to the terms of such
<br />TO HAVE AND TO HOLD the premises above described, with all of
<br />the appurtenances thereunto belonging unto the said Norwest Bank
<br />Grand Island, N.A., Grand
<br />Signs forever, and i f Island, Nebraska, its successors and aJ_
<br />I said Tri -City Wholesale
<br />ti.e Inc. corpora-
<br />tion,
<br />a ay or its personal representacause to be aid to �t Bank � heirs or assigns shall pay or
<br />paid Norwes Grand Island, N.A.,
<br />Nebraska, its successors or assigns, Grand island,
<br />TIi0 --gin AND NO /1.00 - - - --- _ , the total Sum of TWO HUNDRED
<br />- °f)cllars i ✓ith interest th ere on at
<br />percent per. annum payable according to t}lc tenor and effect the promissory note of the said Tri -Cit_y W}l01.esalc, Inc, ect of
<br />tion, being even date with these ), ,__ , a corpora -
<br />the terms and conditions C`esel.t°s, and shall perfor., F
<br />count of and make ctll p i�'lllellt.� due arid owing all ac-
<br />of contract of sale then these presents an ac-
<br />wise to be and remain in full forcQ to be void
<br />and effect. other -
<br />It is further agreed as follow,
<br />1• That if the said Tri -Cis ,
<br />fails to comply "' le ,(,l Le, Inc. , a corporation,
<br />with t }le terms and conditions s p f
<br />sale dated January 10, 2984 , r sL1C }1 Contract of
<br />requi.r(�d to or '}l`�1� f`l.i 1 to Caay any sums which
<br />be paid under :pug: }l uorltrrlCt, are
<br />west Dank Grand Island, N.A. then "I'd in that evellt
<br />Nor-
<br />amounts GI:allci I; � har-
<br />inc.l.ud.ing 1.111d, Ntl)I:�:ISk may Pzly suc h
<br />taxes and insul:��lrlce and any ��
<br />Paid by SUC }] } >ank, with 111tc3rt: su �1li ( -, all sums "o iidvijjIcC-'d :lrld
<br />paid by the said Tr.i. -city t:�, - -� C'e1C``nt pclr `lnntrm s
<br />a sS ig111flrm, Wl()1t�?";a '1 C'f� l 1.1 be
<br />rlt 'irlC� lllC? )'� >OI
<br />z °L�I�l(.Jc�� ��It..(�tl, Irlr.i thz.s
<br />I'C.'T' l_l.Yi11:3
<br />2.
<br />!'hat the f a i .111rc, 011 t:h� r
<br />s a ] ( , �1 the t' S a ,I CI 'r' J 1
<br />C)•`.' 1.nYE r E.Sit:: 1J }1ra I1 tile } 1') 1 ':!IIY O1 t1le mum >y 1
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<br />ail(I1t. l)l'( C)1;1Q', , tJ,l t..h
<br />r
<br />ffal IGlr:rw CJI1 t' IlIu, llnllt�Jt" such C.e011i.l'ciC'L,� (�r �l1-
<br />3.r) 1;'01111) y w1 t.11 all( (
<br />r C 1 �� ,
<br />:3110 }1 C'r?ilf r.clC't_ tt 1 >f� khc iCJl'C'f11T1!_'Ilt.r
<br />f , !,,r° f�h:i�; � ,3taiC nn1,,,
<br />C�° cr it ea ta> f :. }-1 st y � 1 i J J 1., 1 -I 111 t) i i t 1 �: .1 11 d 111 C' r' t. ( �I r f�'
<br />due all(:1 co �! (� � ; lllr,ll�:y h(_I�ti ill and hol�t.111 , 1 l '-,h41. }.. }.
<br />c t 1 ,1c:' It r.,,nc.c» •`I t. thc' opt.ioll of: Jr- :,1'trc iti �._f3,altlk caryallcilg,
<br />3.
<br />dill, t h khl! t!t1(ll.i <tPl1 i'r,.'II(�lt r � 11, .
<br />W1
<br />✓6'r1 VFW,'�Ira'►� 1 t_„ 1 L r „1:,. 2 ,di1., n
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