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<br />MORTGAGE- RE REC4RDED_Tr~ r_ORRECT_LEGAL DESCRIPTIO.~,~--~ !{! ~~~ ~2
<br />i S2-A-REAL E87ATE MORTGAGE-(With Tax Clause) Rev. 78 Huffman and fatten & Woft, Walton, fle: 68461
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<br />xNOw nlt MEN sy TxESE rRESENTS: That MERCHANTS DEVELOPMENT CO. II, R. E. STEPHENS,
<br />RONALD WILLMAN, JOHN R. MILLER, AND ALVIN P. ALMS,
<br />of t~~{ -Connty, and-State of Nebraska , in consideration of tlretttitn-of--
<br />ONE-HUNDRED THQ~~~ND AND NO/100-------------------------------------------------DOLLfR9
<br />;n hand paid, do hereby SELL and CO}VVEy nnta The First National Bank of Grand Island,
<br />Grand Island, Nebraska-
<br />f of Hdll County, State of Nebraska thefollowiugdeacribatf-Irremisessituated--
<br />;n HaIT County, and state o[ Nebraska .to-wft:
<br />i
<br />LOT FOUR (4), BLOCK SIXTY-FOUR
<br />v NOW CITY OF GRAND ISLAND,
<br />;._, (64), ORIGINAL TOWN, HALL COUNTY,
<br />NEBRASKA.
<br />i
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<br />OQ
<br />The intantian being to convey hereby an absolute title in fee simple, including all the rights of homestead and dower.
<br />TO HAVE AND TO HOLD the premises above described, with all the appurtenances theremtto belonging, unto the said
<br />mortgagees} axed to his, her or their heirs and aa'cigns forever, provided always and these Rreseate are upon the express
<br />condition the) if tAe said mortgagartsi, his, her ar their hears, executors, administrators or assigns shall pay or cartes to be
<br />i. paid ko the slid mortgagee{si, his, her or their heirs, executors, ndministratora ox assigns, the princ;pat sum of g 1 DD,DDD • DD
<br />!. P$Yabla as follows, to wit:
<br />f
<br />j
<br />AS PER NOTE OF EVEN DATE
<br />~s
<br />+ with interest acconling to the tenor and effect ai the mortgagars wr;tten promissory note bearing even date with these presents !
<br />' ? and shag pay aft tales and asaessmen is levied u}x~n sa;d real Mate, and all other taxes, levios and assessments levied upon this t -
<br />mortgage or tihe note which this mortgage s given to secure, ba[ore the same becomes delinquent, and keep the buildings on
<br />said pseruisee insured for thr runt of S 1 DD,DDD. DO ,lose, i[ any, Rayable to the sa;d mortgagee, than these presents
<br />- 3 to be void,-otherwise Yo be and remain in foil Iorce.
<br />IT IS FURTHER AGREEO {"}; That if the said martga gor shall teal to pay such taxes or Rrucure such insurance, the
<br />-_ ~ said mortgagee may pay such taxes and prrxure such inauranc a; and the sum so advanced, w;th interest at 1 4. DD per -
<br />cent, shaft be repaid by said mortgagor. and this mortgage shall stand as security for the same. {2) That a failure W pay any -,
<br />~- of said money, either principal or interest, when the same becomes due, or a failure to rnmply with any of LAe foregoing
<br />agreements, shall cause tAe whu~'~aum of money herein secured to become due and collectible at once aG the option of the „
<br />mortgagee) ry MERCHANTS DEVELOPMENT CO. II
<br />s'' Jffra_.~~ of September .1983 ,q--Partpsrs io
<br />,,, -~?artnel~~
<br />Rena d t~iTlman~ Individually c ~~
<br />~ ~.> !.
<br />rf. C--~ ~. ~ E- :rte ~ - >
<br />~' ~ ~ .. , ... ,Count ...Ha.l.l.......-.~:~- ~~ f.~~' . ~, ~ ' ^,
<br />STATE OF ..... , Nebra slca .... ~. y of
<br />' September 19 ~ 83 i
<br />;' The foregoing instrument was acknowledgt~ before me ... .............................19.....
<br />i ~y•.R.,.E;.Stephens,.RO, w hn R. Miller and Alvin P. Alms, all Of the
<br />' partners. of the Me nt Co. II ~
<br />t~:: 3 .: * t~A4M oN * _ ! 2 . ~ .z.-. '^'-t-^F.~'.. 4 : ,~t', :r`~-mot:: ~ .. {
<br />~' ; ., _ €%iMRES Signattire of Peron Taking Acknowledgment
<br />A My C<xrmission Expires; ~'..r'S~'r -/~~'•t'~.C b., .............................
<br />' pF NE9~a Tttle
<br />STATTc OF ............. _.., ........... , .....,...._.....
<br />F,ntered on numerical index and filed for ieeord ;
<br />' ,_ ~ ~~ in the Register of Deetla Office of said County the ~ '
<br />1 Catutty .....,,__ ............ ... __.,,.... ..._...._.... ...
<br />~ ......o'clock aztLL_........... ..mirmtea ...... .. M, -
<br />............dey aL.._ ............................... 19.... ..-, aL................
<br />#; 'e arxC; raca;dad in Rook._........,.__ ..................__...af-.....-.........._......._.._...... at page....,.._....._..........._._.....-....._... [
<br />i1 ~ ......,_......._.___..._,._._ ............................._._.....,...Reg. of Deeds ~ '.
<br />;, Ry»......_......._.._....__,..,....,__..,......._ .................................Deputy
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