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<br />56 -REAL ESTATE MORTGAGE (CWPW&doa) ^With T+z Llaaas he Hnff,naa Grneral Snpp15 Fonan. Lincoln. YeEr.
<br />KNOW ALL MEN BY THESE PRESENTS:
<br />5-r 005,312
<br />'THAT J & d 5ervioess Iwo, Shelton, Nebraska
<br />a rnrtorat+on organised and existing under and by virtue of the laws of the State of Nebraska in
<br />consideration of the sum of Thirty Fire Thousand and Nof100 ($35,000 -00) - - - - .... DOLLARS
<br />consideration
<br />in hand paid, does hereby SELL and CONVEY unto Exchange Banks Gibbons Nebraska
<br />of Buffalo County, State of Nebraska the foUotving described premises situated
<br />in mall County, and State of Nebraska to -wit -
<br />nA part of Lot 1 in the Northwest Quarter of the Northwest Quarter of Section 6, Township
<br />9 North, Range 12 West of the 6th P.M. in Hall County, Nebraska, more particularly
<br />described as follows: Beginning at the northwest corner of said Section 6, thence
<br />?easterly along the north line of said Section b, a distance of 33.0 feet; thence southerly
<br />parallel to the west line of said Section 6, a distance of 237.1 feet, to a point on the
<br />southerly right —of— way.line of U.S. Highway 30, this being the ACTUAL place of beginning;
<br />"! thence southerly along the last described course a distance of 100.0 feet; thence north-
<br />easterly along the arc of a curve whose radius is 2,138.01 feet ('the long chord of which
<br />deflects 1020 42' left from the last described course), a long chard distance of 434.86
<br />:feet; thence northerly parallel to the west line of said Section 6, a distance of 94.49
<br />feet, to a point on said southerly right —of —way_ line of U.S. Highway 30; thence
<br />southwesterly along said right —of —way line and on the are of a curve whose radius is
<br />,2 231.83 feet (the long chord of which deflects 101.0 59' left from the last described
<br />course), a long chord distance of 433.82 feet to the ACTUAL place of beginning and con-
<br />taining 0.94 acres more or less.
<br />This mortgage is due upon sale or transfer of property
<br />The intention being to convey hcrrl,y an absolute title it, fee simple.
<br />TO HAVE AND TO HOLD the premises above described, u4ih all t1;c appurtenaners ,1ercanto i'elarr irtg ::rut
<br />the said J dt J Services, Into
<br />and to Its heirs and assigns forever, provided ahcays, and these presents are upon the express cz -,ndition
<br />that if the said d & d Serriow, Inc•
<br />or assigns shall pay or cause to be paid to the said Exchange Banks its
<br />heirs, executors, administrators or assigns, the sum of Thirty rive Thousand and NoA100 Dollars, pa yabic as
<br />fonozvs, to -wit: 9 //��
<br />Four 'thousand Nine Hundred. Eighty Thee _,, MaroPnthc 2 'c 18th day of April 9 $6
<br />Four Thousand Hine Hundred Eighty a, he 18th day of October 19 86
<br />Few Thousand Nine Hundred Eighty o! 13th day of each following Am-A and
<br />Dollars on the do y of a
<br />ace te' is
<br />Dollars on the day of paid in fall �P� V
<br />with interest thereon at 1�1�0 per cent per annum, payable 9emi•.anntual3i annually, according to tine terror
<br />and e,fect of the promissory note with interest coupons attached of said d & J ,erviCess Iwo
<br />note to 3change Bank
<br />bearing even date with these presents and shall pay all taxes and assessments levied ;,pon said real estate a,;d all other
<br />taxes, levies and assessments leaded upon this mortgage or the note -winch this rnartgage is given to secure, before the
<br />some becomes delinquent, and keep the buildings on said premises insured for the rum of $35s000�00 Liss, if
<br />1 &J ``piWk/e to the said mortgagee, then these presents to be void, otheruvisr to be and remain it: full force.
<br />_177 1S FURTHER AGREED, (i) That if the said mortgagor shall fail to pay .ntcL tarps or procure such irtsur-
<br />1 `once, t�suid mortgagee may pay such taxes and procure such insurance; and the sum so advanced, -rith irrtrrest at
<br />Jeer cent shall be repaid by said mortgagor, and this mortyayc shall stand as security for same. !'2; Thai
<br />to jigiiurfjo pay any of said money, either principal or ;interest when the some beromc due, or a failure to comply with
<br />vf, r f rgoing agreements, shot! reuse the a!lrole sum of money herein secured to become due and collectable
<br />egsce tia� option of the mortgagee.
<br />`h,_ T, -.JV. iVITNESS WHERL-OF, tl.c said J & J Servioesy Iwo
<br />,u.f.
<br />hat hereunto caused its corporate seat to be affixed and these presents to be signed by its President
<br />this lit day of October A. D. 1985
<br />Signed, aealed and delivered in presence of
<br />J h J Serri,ce31. Inc..
<br />Jiatette Laney, P* 18-i eni,
<br />' 7w s i d "nt
<br />
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