|
<br />I
<br />
<br />aL\,~J 00482,1
<br />
<br />REAL EST,'\TE HORTGAGE
<br />
<br />r
<br />
<br />nlQW I,Ll, HEN BY THESE PRESENTS: That CLINTON BROADCASTING
<br />COr.1PANY f INC. f A Nebraska Corporation, of Hall county, and State
<br />of Nebraska, in consideration of the sum of SEVENTY-SEVEN
<br />TIlOUS,\ND AND NO/IOO [',oLLARS ($77,000.00) in band paid do
<br />hereby SELL and CONVEY unto KMMJ, INC., A Corporation of Hall
<br />County, and State of Nebraska, to-wit:
<br />
<br />Lot Four (4), Block Ninety-Nine (99), in Railroad
<br />Addition to the City of Grand Island, Hall COll..'1ty,
<br />Nebraska.
<br />
<br />The intention being to convey hereby an absolute title in fee
<br />simply, including all the rights of homestead and dower.
<br />
<br />TO HAND AND TO HOLD the premises above described, with all
<br />appurtenances thereto belonging, unto the said mortgagee and
<br />to its heirs and assigns forever, provided always, and these
<br />presents are upon the express condition that if the said mort-
<br />gagor, -L ts heirs, executors, ad..ministrators or assigns shall
<br />pa~-" or cause to be paid to the said r ~'(tgagee, its heir.s,
<br />executors, administrators or aS2~--;'C1,S. .he p~ oncipal s-um of
<br />SgVENTY-'l"1fOlJS~~ND l\ND Nl'llOO [.:01,1.,-:'s {$70,OOO.OO) with int".erest
<br />dccordinq to the t,enor and -effect of the mortgagor's written
<br />promissory note bearing even date with the-se presents
<br />and shall pay all taxes and assessments levied upon s.'dd real
<br />estate, and all other taxes, levies and assessments levied
<br />upon this mortgage or the note which this mortgage is given
<br />to ~:;ecure f be fore the same becomes del inquent 1 and keep - thE~
<br />buildin'ls on "aid premises insured for the sum of $ 77e.:po.CIO ,
<br />loss, if any, payable to the said mortgagee, then these presents
<br />to be void f otherwise to be anci rema.in in full force ~
<br />
<br />
<br />!T ~,3 ""1>'1'H1':1' r,r,!<EED (1) That if the said mortgage shall
<br />fail to pay such taxes or procure such insura.nce. the said.
<br />mortgagee- may Pd):-' SllCh taX(~G and prc..cure such insurance and
<br />t.he sum so advanced. <>'11 th int.erest at i 0 per cent J shall
<br />be repai.l by sand mortgagor, and this mortgage shall stand ""s
<br />security for the same.. (2) ff'hat, a .failure to pay any of- said
<br />money, ei tl,er principal or i.nterest, when the same becomes due
<br />or d [ailuL2 tv comply with any 0f the foregoing agre~~nts:
<br />"naIl "aus" the whole SUllI of money nerei~ed to become due
<br />"n,1 "ollectlble de once at the OPtl~on 0;'" e mortgagee.
<br />
<br />/ -d'r.:.,
<br />51(",';0 thIS .e::.--:_, day 2.~ ....-~ .. , 1984.
<br />
<br />/ ~/-_._--)
<br />
<br />CLINTON ~ADCAST:rNG COMPANY ,I-NCf: ,
<br />;, Neb....r.9'...s.ckSl. C:29.J:pt:>i: ..ti03;7. ..... ... '.;.~.->/..../-
<br />.~ ~e~_ f ~ ~ .,ee
<br />BY~~. ."--?/'e--.c:;> '.../;~./l
<br />t:> - -- . '" -<'.~~ .. .. "----.-eo-
<br />
<br />
<br />u
<br />
<br />L
<br />
<br />L
<br />
<br />-1
<br />
<br />!
<br />l-..
<br />
|