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<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
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<br />"by._e>Sivin,P;,Ai~(st
<br />Ste
<br />he
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<br />s rgE4Rd'~I~gtten, Fred M. Glade III, John R. Miller, Richard E.
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<br />an
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<br />R i of the partner~..of the Merchants Oeve-topment Co
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<br />;
<br />f EI~tES Signature of Peffion Taking Acknowledgment
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<br />} p#N Co~isaon Expi 1 '
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<br /> `~;!! . ~'~ ~ Tina,
<br />g'1'.A'i'8-QF .._........ ...._ .......... ......_........_...,.._ Entered oa numerical iadaz and Slsd for record
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<br />County
<br />,......... .,__._.,_,._.._, ...
<br />In tl,a Rapistar of Deeds OtQae of said County the
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<br /> ..._......__..._._.........._ ....................___......._..... _.._.,.'fkag. of beads
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<br />SPATE OF ....Nebraska .............. ..County of .Hall.......................:
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