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<br />Tni rufNent._constitutes a_ Construction_ Security Interest under the Nebraska Construction U,en Act.
<br />52 -A —REAL ESTATE MORTGAGE —( With Tax Cfause) Rev. 78 Huffman and Felton & Wolf, Walton, Ne. 68461
<br />KNOW ALL MEN BY TTTrSE PRESENTS: That 85-004508
<br />GOODWIN CONSTRUCTION COMPANY, INCORPORATED
<br />of Hall County, and State of Nebraska in consideration of the sum of
<br />1 ` Thirty -Eight Thousand and 00/ 100------------------------------------------ - - - - -- DOLLARS
<br />in hand paid, do hereby SELL and CONVEY unto
<br />NORWEST BANK GRAND ISLAND, NATIONAL ASSOCIATION
<br />of Hall County, State of Nebraska the following described premises situated
<br />+. in Hall County, and State of Nebraska , to -wit:
<br />Lot 53, Wolfe's Subdivision in the City of Grand Island, Hall County, Nebraska.
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<br />The intention being to convey herehv an absolule title in fee simple, including an the rights of homestead and dower.
<br />TO IIAVF. ANU TO 1IOLll the premises above described. with all the appurtenances thereunto Irelonging, unto the said
<br />mortgagee(s) and to his, her or their heirs and assign; forever, provided always, and these presetts are upon the express
<br />condition that if the ,arid mortgagor(s), his, her or their heirs. executors, arlrninkirttors or assigns shall pay or cause to Ire
<br />paid to the said mortgagee(,), his, her or their heirs, executors, administrators or assigns, the principal sum of $ 38,000.00
<br />payable as follows, to wit:
<br />One Payment of Principal plus Accrued Interest due and payable on March 17, 1986.
<br />with intereA ace..rrling to the tenor and eneel of the rnorfgagora written promissory alit, Iwaring even date, "-tilt these presents
<br />and .hall pay all rrxrs and asrssnu•nts Ir•vu•d upon *;till road elate, and all other taxes. levies and assessments levied upon this
<br />mortgage or the• note v0m h !Ills mortgago is given To ;er un•, beton• the s:une M•romes delinquent, and keep the buildings on
<br />said prenrI insured for the ••urn of s 38,000.00 111ws. If any. pavahle to the said mortgagee, then thew presenv
<br />Ill hr• void, ntherwosr• to be and r,•atom ill foil f,,rr -.
<br />IT IS FUR'1111.1i A( :RItiFa) I I) "f hat if the stud morigagur ,hall fold to pay such taxes or prrn•ure such insurance•, the
<br />said morl;tnger• may pay such taxes and prof tore such in :.urance, and tilt- sum :o advanced. with inton•st at 12.75`: per
<br />cent. shall la• repaid by .aid rnurtg:u:or. and this nairlgau :, shall stand o, ,saints for file same. (2) That a failure to pay any
<br />of said nurm•v, eifher primipai or interest. %vh,•n Ill,, <;arnv becomes sloe. or a failure to comply with any of th- foregoing
<br />agreeme•n f.,, shall cause the "bolo mum of money her,•trt .,•cured ft- b••rnme due and eolle•r9 ilzlr at once at the option of the
<br />mortgagee.
<br />Signet] thi, 16th davof September rf85
<br />fit la— vo.,,of GQODWIN CONSTRUCTION COMPANY, INCORPORATED
<br />James D. Goodwin, President
<br />STATE OF ........... KBRASKA........ County of ..... HaTl,
<br />The foregoing instrument was acknowledged Iwfore roc• ....... September 16... Ic 85
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<br />by .. i1afts .D,..G000W.i3O,. re • nt of Goodwin Construction Company, Incorporated.
<br />tie
<br />My commission expires 8 -12 -8
<br />STATF OF,
<br />CoordY
<br />ws.
<br />day of 19 lit
<br />and r- ,ord.,d in lkx,k of
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<br />Signature of
<br />Pet ;sort Taking Acknuwlecigntunt.
<br />Notary I'uhlic
<br />I'it h•
<br />of page
<br />Entered nn nunn•rieal index and filed for rrrxud
<br />in the 1legis sir of Decals (Iffier of said County the
<br />o•cloi k and minute, 11.,
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