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<br />S2....-RE...L EST"'TE MORTG"'GE-(Wlth Tax Clause) Rov.78
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<br />KNOW ALL MEN BY THESE PRESENTS: That Plaza Square, A General Partnership,
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<br />Huffman and fellon & WoH. Walton, Ne. 68461
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<br />of Ha 11 Count" and State of Nebraska , in conaiderationol thesum.of
<br />Forty-E; ght Thousand Ni ne Hundred Ei ght and OO/lOO-------------------n--------OOLLARS
<br />in hand paid, do hereby SELL and CONVEY unto The Fi rst National Bank of Grand Island,
<br />Grand Is land, Nebraska
<br />Ha 11 County, State of
<br />Ha 11 County, and St,,!., of
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<br />of
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<br />Nebraska
<br />Nebraska
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<br />the followingdescrlbedprelJrlsee $itualed
<br />. to-wit:
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<br />LOT FIVE (5) AND THE WESTERLY ONE-THIRD (1/3) OF LOT SIX (6) IN BLOCK
<br />SIXTY-EIGHT (68) IN THE ORIGINAL TOWN OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA, AS SURVEYED, PLATTED AND RECORDED,
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<br />Tht> intt'"ntion beine: t.o {."Onvpy heniliv ~n absolute title in fee simp1e. including all the right.q of homestead and dowel'.
<br />TO HAVE AN D TO H()LD the fH"pftUSes abow.. di."SCrlbed. WIth aU the appurtenances thereunto belonging, unto the said
<br />moru;~b) and to hi$.. her o-r their helrs and aSSIgns fnre\,pr. pro\'ldE'd always, and these presents are upon the express
<br />t:'Otldition that if tht' sam mortgagor h) . ius. her or their hens. exa..'utoTS-, adminis;trators or Rasigns shall payor cause to be
<br />paid to thi"- &ud mortR"3j;t:t"f!'tsL hiS. twr or lh(,lf" heirs. l"l;:tc'(....'Utors. admmistrators or assigns., the principal sum of $, 4B,. 908.00
<br />payable as foUuws. to WIt:
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<br />Fifty-Nine (59) monthly lnstallments of 5530,00 co"~ncing December 1,
<br />final balloon payment of 544,850.08 due and payable November 1, 1988,
<br />ment if a ba 11 oon and th i s lender may cons i de r f'efi nance,
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<br />1983 and one
<br />The fi na 1 pay-
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<br />with inh'ret/.t llC(:()niing h.. thf:.' h'nor and ..ih"t:t Ilf the- mortga.gur" written pmIDl$Vcy note ooaTing e"en daw WiUl these pre.$enbi!
<br />and ~hall pn)' :til UU;ti >Iud a~'~nwnb !ent:'ti \..q.l\m ~uJ a-al l::'"l!otate. fwd ltiJ. other UlXWi. levit.<s Rnd a~ents I€'vied upon this
<br />rnor-tg;a~e I.lC the noit;;' which thi.... ,thJngtlp' It'i ~t\;,im to ~"-un', t.efore the sam~ bec.~om~ dt:'hnquellt. A-nd kt'ep t.he buildings on
<br />S4lKi p'wrui~", llt~r~ for Ih"" "'-om ,.1 S 48" 908 - 00 h)M.. if Iiny. p~)'~bJe to the Miid murtgagee. tlum the:w p....esents
<br />to boP \oid, (}tl-M"tWiS1' tu ~ anJ r~mam In lull fnn~
<br />IT IS .Ft. fRTHEH AGR1;:ED (i) That If thf:' ;wud, rnurtg.t!:gor shall fait to pny 8tlCh ll.txes or procure such insuJ:am.>e. the
<br />said mortg8.tl.~ may pay i:iuch t.axt.'t' .:iad p..'l,."'-.ur.... "'Udl jnsu.ranct'. and lhe sum lkJ ddvanc~. with interest tit 11. 75 per
<br />re.ftt ~~all bt. f-t'Vaui by sat,1 mt)rtg~tH, and dH~ m~lrtga,... s;h.aU !Hand ti$ lR~urit.Y for the ilaffit'. (2, That a failure to pay an)'
<br />or said mon.-,.y, "..ithec pdn....lpat tJr lrHCH',,"!. vdwn t.ht>- ~me tX"CUID&A due. or Ii hulure I,{) t.'Qtnply with )~ny of the foregoing
<br />ag:rll'!t"ttK"nb, Multi ca\l'k' th... ""hDh.. :-..Uln ;,'1' nK>Ih:"Y h~h'm ~'Urt.'ld t-o beL-offif:' Jut' and (.",,)UedibJe at onpo/"at the orJtion of the
<br />tJK:trtca6ft. ./ ,/
<br />SillnoothlS 14th da)'o! Uctober
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<br />In pfvlioCfto.:", .A
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<br />STATE 01" . . .
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<br />Nebraska
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<br />, County of
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<br />Hall
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<br />O~.t.QQ\! f.
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<br />The foregoing instrument was acknowledged before me
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<br />all partners of Plaza Square, J General
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<br />.';??~#:~t7!2tt VJJ7.. ~~~':'
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<br />Signature ePperson :r~ng Acknowledgment
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<br />7Mt.~.v&.~
<br />Title (/
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<br />Entfloo. Oll nua:R.\tlcal inti..... aud tHud for- ~ld
<br />in the Res.."" of Dt>edo (lffioo QI ...id C.ounty the
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<br />. at ~
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<br />,,. clock and,
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<br />minut~
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<br />.M..
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<br />By.,
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