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<br />52.A-REAL ESTATE MORTGAGE-(Wlth Tax Clause) Rev. 78
<br />
<br />Huffman and Felton & Wolf, Walton, He.
<br />
<br />
<br />MEN BY THESE PRESENTS: That
<br />
<br />Mid-Continent Enterprises, Inc.
<br />
<br />r
<br />
<br />of Ha 11
<br />Forty ThouSaod aod
<br />in hand paid, do. he,.,by SELL and CONVEY unto
<br />Island, Nebraska
<br />of Hall
<br />in Hall
<br />
<br />County, and State of
<br />
<br />Nebraska
<br />
<br />, in consideration Of the sum of
<br />
<br />
<br />The Fi rst National Bank of Grand Island, Grand
<br />
<br />County, State of
<br />County, and State of
<br />
<br />Nebraska
<br />Nebras ka
<br />
<br />the following described p....mises situated
<br />. t<>-wit:
<br />
<br />Lot Sixteen (16), in Block Two (2), of Continental Gardens an Additioo of the
<br />
<br />t'Q
<br />"(1'
<br />1"-
<br /><.c
<br />(.:::J
<br />
<br />City of Grand Island, Hall County, Nebraska.
<br />
<br />1
<br />("I")
<br />CO
<br />
<br />The intention 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. \\ith aU the appurtenances thereunto belonging, unto the said
<br />mortgagee(s) and to his. her or their heirs and assigns forever. provided wways. and these pr~nts are upon the express
<br />condition ,that if the said mortgagor(s), his, her or their heirs. executors. administrators or assigns shall payor cause to be
<br />paid to the said mortgagee(s), hiB. her or their heirs. executors, administrators or assigns. the principal sum of $ 40,000.00
<br />payable as follows. to- wit:
<br />
<br />Principal plus accrued interest due and payable June 20, 1984.
<br />
<br />with inierest according to the tenor and ~ffect of thee mortgagors written promissory note bearing even date with these presents
<br />and shall pay aU taxes and 8S8e'SSment8 levied upon said rl~al estate. and aU other taxes. levies and assessments levied upon this
<br />mortgage or the note "which dus mortgage- is given to s<<'Ure, before the &ame becomes delinquent, and keep the buildings on
<br />said premises in.'lured (or the sum of $40,000.00 . loss,. if any. payable to the said mortgagee. then these presenis
<br />to be void, otherwise to be and ce-main in full focce.
<br />IT IS FURTHER AGREED (I) That if the oaid mortgagor shall fail to pay such taxes or procure such insurance, the
<br />said mQctgagee may pay such taxes and procure such insurance; and the sum 80 advanced, \\1th interest at 14. 0 per
<br />cent. shall be repaid by said mortgagor. and this. mortgage shall stand as security for the same. (2) That a failure to pay any
<br />of said mooey. either prlnC'ipal Qr intereiSt. when the same becomes due. or a failure to comply with any of the foregoing
<br />agreemenbl. $hall cause the whole sum of money he-rein .secured to- become due and (..'1)Uectible at once at the option of the
<br />mortgagee-.
<br />Signed this 2 3 rd day of
<br />
<br />December
<br />
<br />1983
<br />...1'1 td.::~R.n.t:iD~n.~...~.n1;~rp.ri.~~.?,..JI1
<br />
<br />.1w~.A~l'~'~"'h'h"""
<br />Glenn R. Wilson, Jr.,
<br />
<br />
<br />In presenre of
<br />
<br />
<br />...,.... .~~] J...............:
<br />
<br />....... .0ei:.~1JIb~r..... n,......., .19 .~~..
<br />
<br />nt of Mid-Continent Enterprises, Inc.
<br />
<br />v:;F' f1/1 ,,'fm/V., _ ·
<br />. (<f.e;'../A ':~ ..~'.'.. '.~ . . . .c::-:,. {.:<:-:c.~?:v,.
<br />Signlitul'{of Person Taking Acknowledgment
<br />. . . . .~9t.a.r'y. P.I.!~ 1 j~. . . . . .. , . .. . . .. . . . . . . . . , .
<br />
<br />Title
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<br />....h..~ 01...... ..h..h.
<br />-.t ~.InBo<>lo....
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<br />..h.'","", 19... h....... at.....
<br />
<br />....of...... .........................
<br />
<br />Entered on nWllerical ;00"" and llIed for ."".,.d
<br />in the ~ter of Deeds ~ ot said COUJlty the
<br />
<br />n_o'c1ock and...... ... ,., .'-c .mi.u.utea _..'. ,..,....__."M.:,
<br />
<br />..at-'.h.
<br />
<br />By.......
<br />
<br />..Roc. of o-Il
<br />r~ty
<br />
<br />
<br />
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