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~~ ~ Cz ,~...._., t) u 0 0 ~ ~ <br />PTION <br />52•A-REAL ESTATE MORTGAGE-(With Tax Claux} Rev. 78 Huffman and felton 8 Wolt, Walton, Ne. 68461 <br />KNOW ALL MEN BY THESE PRESENTS: That MERCHANTS DEVELOPMENT CO. , A PARTNERSHIP, <br />Alvin P. Aims, Bernard L. Batten; Fred M. Glade 1 <br />John R. Miller, Richard E. Stephens, and Ronald L. Willman <br />of Ha 11 Conaty, sad state of Nebraska , in coneideretioa of the sum of <br />NINETY FIVE THOUSAND TWO HUNDRED EIGHTY AND NOj100-----------------------------DOLLARS <br />in hand paid, do hereby-SELL ana CONVEY natoThe First rynational Bank of Grand Island, <br />Grand Island, Nebraska <br />~ - Hdll County, State of Nebraska the foltowing described-prmaiaee-situated <br />in ~ Hail county, and skate of Nebraska •to~wit: - <br />WEST ONE-THIRD (1/3) OF LOT TWO (2), BLOCK <br />SIXTY FOUR (64), ORIGINAL TOWt~~it~11,~(~NTGYRAND ISLAND <br />NEBRASKA <br />!-- AND <br />(~ WEST TWO-THIRDS (Z/3) OF LOT THREE (3), BLOCK <br />i SIXTY FOUR (64); OP.IC,INAL TOWN ~~t HALL COUNTY, <br />NEBRASKA. NUW CITY OF GRAND ISLAND <br />The iateation being W ca„vey hereby an absolute title in fee simple, including all the rights of homestead sad dower. <br />j TO HAVE AND TO HOLD the Premises shove descesbed. with all the appurtenances thereunto belonging, unto the said <br />marigageeja) and to his, her or their heirs and assigns forever, provided always, and these preaenM are upon the ezp: sae. <br />condition that if the said mortgagor<s), his, her or their heirs, eze,~tiom, administrators or assigns shall pay cr cause to be <br />~~ paid to the said mortgagee{s), his, lter of then helm, ezecutors, administratom or assigns, the principal sum of $ 95 , 2$D. DD <br />;. payahie as foilowe, to wit: <br />AS PER NOTE OF EVEN DATE <br />with iataraa ar~x,rding to the terwr and offect of the mortgagors written ptotnisaory note bearing evon date with these Pteeaats ~ <br />and shall pay all fazes arat asaessmenta levied upon said real Mato, amt aI[ other taxes, levies sad aseeasmenta levied upon this <br />mortgage or the mete which this mortgage is given to secure, before the same t,eawinea delinquent, and keep the buildings on <br />said prenfisea insured for the sum of 3 9rJ , i'$D • DD lass, it any. payable to the said arortgagee, then those presents <br />to he wid, otherwise to be amt remain in fult force.. <br />I`T` Is FURTFIER AGREED (Ij That it thn said mortgagor shall fail to pay such fazes or procure such insurance, the <br />said morE[agea may pay such wzes soul procure such insurance, amt the sum sa advanced, with interest et fourteen per :. -~ <br />teat, shall be repaid by said mortgagor, a„d this mortgage shall stand as security for the same. (2) That a failure to pay any <br />of acid raoney, either principal or inWrest, when the same becomus due, or a failure to mmpiy with any of the fora:ning <br />agt'esrpen.4• shall cause the whale sum of money herein natured to become due and collectible ak once at the option of rho <br />martgag4e. <br />The foregaittg instrument was acknowledged before me . September .19 ......................19 .$3.. i <br />z - <br /> ,~~ <br />"by._e>Sivin,P;,Ai~(st <br />Ste <br />he <br />d <br />s rgE4Rd'~I~gtten, Fred M. Glade III, John R. Miller, Richard E. <br />~ <br />p <br />an <br />n <br />R i of the partner~..of the Merchants Oeve-topment Co <br />~ <br />' <br /> t ~ r <br />, <br /> ~ <br />; <br />f EI~tES Signature of Peffion Taking Acknowledgment <br />., <br /> <br />r. , <br />~ <br />} p#N Co~isaon Expi 1 ' <br />~' ~#. :~"..`,:.€~~;~, :.......................... <br /> `~;!! . ~'~ ~ Tina, <br />g'1'.A'i'8-QF .._........ ...._ .......... ......_........_...,.._ Entered oa numerical iadaz and Slsd for record <br />~ ~ <br />County <br />,......... .,__._.,_,._.._, ... <br />In tl,a Rapistar of Deeds OtQae of said County the <br />....~._...>.._. _._.j <br />.,..m_,..,:.....--_.....dq oi ..................._... .......:.._._..._.., 19.___.._-, at.....,_,......,_........_...o'cladt attd..___........_ _-,.__..miautea ....._...............M., <br />sad ttaxrtd~Yd hx .,_ ............... ....................of...,_.._._.._..,.,...,......._..at pade....._.._....___...._........._... , <br /> ..._......__..._._.........._ ....................___......._..... _.._.,.'fkag. of beads <br /> <br />SPATE OF ....Nebraska .............. ..County of .Hall.......................: <br />