<br />5s.--IlEALESTATE MOR'l'GAGE (Corporation)-With Tax CIauae
<br />
<br />- H~~:an and F~~~-n ~ Wolf, Walton~ N~. 68461-- '1
<br />83-002599
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<br />KNOW ALL MEN BYTHESE PRESENTS:
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<br />tHAT MIDLAND BUILDEItS, INC.,
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<br />a cor/f"riilton "rganised and. existing under and. by virtue of the laws of the State of
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<br />Nebraska
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<br />m
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<br />epMtlerdtion ofthe.sum of TEN THOUSAND AND NO/IOO------------~-------------------- DOLLARS
<br />i~hand PltW; does hereby SELL and CONVEY unto THE FIRST NATIONAL BANK OF GRAND ISLAND
<br />
<br />of
<br />in
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<br />Han
<br />Hall
<br />
<br />County, State of Nebraska
<br />County, and State of Nebraska
<br />
<br />the following desC1'ibed premises situated
<br />, to-wit:
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<br />Lot .One (1). Block Four (4), aIde Mill Subdivision, Grand Island, Hall County,
<br />Nebraska
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<br />The intention being to convey hereby an obsolute title in fee simple.
<br />TO HAVE AND TO HOLD Ihe premises abor,'e described, with all the appurlt1tances Iherelmto belonging unlo
<br />Ihe said First National Bank of Grand Island
<br />
<br />and to its
<br />that if the said
<br />
<br />heirs and assigns forever, provided alwa)'s, and Ihese presents are upon Ihe express condition
<br />Midland Builders, Inc.
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<br />!'~.assigns sJwJI payor cause 10 be paid to the said
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<br />tl,e sum of 10.000.00---------------------- Dollars, payable as I
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<br />First National Bank of Grand Island
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<br />hiirs, executors. administrators or assigns,
<br />~ows, tii-wit:
<br />
<br />.::>
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<br />Dollars on the day of , 19
<br />Dollars on Ihe day of , 19
<br />Dollars 011 the day of , 19
<br />Dollars on Ihe day of , 19
<br />. Dollars 011 the day of , 1 II
<br />;m"interest thereon 01'14 per cent per allnum, payable at maturity nnnurdly, according 10 the tenor
<br />and. effect of the promissory 'Iote 1.IIith interest coupons attached of said Midland Builders, Inc.
<br />
<br />bearing even date with these presetlts and shall pay all taxes and assessments levied "pan soid real estate and all other
<br />taxes, IC'lJies and assessments levied upon this mortgage or the note which this mortgage is given to secure, before the
<br />same becomes delinquetlt, and keep Ihe buildings all said premises insured for the SUm of $ , loss, if
<br />~y. payable to the said mortgagee, thell these presents to be void, otherwise to be and remain in fU# force. ,.
<br />IT IS.FURTHER AGREED, (I) That if the said mortgagor shall fail to paysuch.la.res or procure S1lCh insur- II
<br />tl1f.ce, the saidmorlgagee may pay such taxes ondProcure St"h insuratlce; and the sum so advanced, 1.IIith in/eresl at Ii
<br />per cent shall be repaid bY,said mortgagor, and this morlgage shall sland~$ securityforsam4 c(2) Thai :1
<br />4'fali.t'. tQ pay any of said money, either principal or interest tohen the same become. due, or a failure t~ coi,tply with Ii
<br />tlfIJI,QtA4.,.for~going agreements, shal/ cause the whoJ.e sum of money herei1l secured 10 become due and, collectable Ii
<br />at o.~.e,Jl~Jhe.,.optjon.of, Ihem.4r1gagee. Ii
<br />Iii
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<br />IJ{c WITNESS WjiEREOP, the ,said
<br />
<br />Midland Builders, Inc.
<br />
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<br />~~~)I~~~~~44;;i~cflr~.~,tobtatMedatld.thescpu.!lttlts to be signed by its President
<br />tIJi!. ~S~~, .~l.(lt W!y ... A. D, 19 83
<br />.:~itJ1t~f~~led ~~d~lw~edm preser;ce of
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<br />1.. SeiDl, President
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