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<br />CONSTRUCTION SECURITY' AGREEMENT !:
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<br />, i KNOW ALL MEN BY THESE PRESENTS: That GOODWIN CONSTRUCTION COMPANY, INC. i
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<br />the fol1owing d88Clihed ~~, ~ Ii
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<br />condition that if the said mortgagar(.), his, her or their heirs. executors. administrators ar 8lIlIigna1lb8llJ>ay':"X~"Jb:"il!i'<1 :li
<br />paid to the said mortgagee(s}, his. her or their heirs. executors, adminiatllltors ar aaaigns, the,princiP!li_ oft., 45~OOO':OQD11
<br />payable sa folio.... to wit: . 'll
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<br />6~i~~i~~~E~L~~D A~~:~~~Q~~~~~~~T p:~c~~i ~~~E lif~
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<br />ANNUM DUE AND PAYABLE MAY 1, 1985'jll
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<br />with inle""" aeoonjinl!lo the tenor and effect af the mort:p&ors written p~note bearina-wn.witbthelMlc~Ju
<br />and ahall pay all tax.... and _tillevied upon oaid real ....tate, and !!!! o!!===.l...~..ud ~.ieriacl,~.tMa. ;,.'. II
<br />mortgag" or the nat" ""bieh this mortgage is given w secure, before the _ beeomes delinquent-and korepl:be~OJl' "'l!
<br />said p....m- inlNred far the sum of S 45,000. 00 , J_. if lUlY, payab!b to the Mid mori4laI.... .theA. tll8lecj>l'llelllilil(' It
<br />to be void, othe...._ to he and remain in fuU Iorce. '11
<br />, IT IS FURTHER AGREED (I) That if the said mortgal"r shaI1 fail to P1'Y $Ucht.ax...,or~_.lIllCII~.~. l.;.li
<br />said mortg_ may pay ouch ""'eo and procure ouch lnauranee; and the liUlI1 IiO advlQWtld. with 1iilenootat 13.75 P'=' ,'.n
<br />cent. sluill be repaid by said lllortgagor, and this mortgage shaI1 stand.... oeeurity for the --. (2) Thai. flllhmilto,'JIlQ!!-aAY- I U
<br />of said -~. "ilber principal or into>.eIrt, when ~e :"""e '-omee ill..... or a failure 10 oompiy wi... lUIyof ..the. :~.. I' II
<br />"'-, _I cause the whole sum of money nerem """"red to become due and conectible at 0DI:e at the optioa<lf,tDe. 1\
<br />mortg..,ee, r iT
<br />Sipwd thi& 2nd day of November , 19 84 . I l!
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<br />BY' ..~,J/? III
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<br />! of Ha 11 County. and State af Nebras ka , inCOll8ideratUm.of the SIIII1<<
<br />FORTY FIVE THOUSAND AND NO/l00......--~------------------------------------------- DOLLARS
<br />in hand paid. do he.... SELL and CONVEY unto NORWEST BANK GRAND ISLAND, N.A.
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<br />Hall
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<br />County, State of tiebraska
<br />County ,and State of Neb ra s ka
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<br />LOT FORTY-FOUR (44), OF WOLFE'S SUBDIVISION,
<br />IN THE CITY OF GRAND ISLAND, HALL COUNTY,
<br />NEBRASKA.
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<br />In p.......we of
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<br />STATE OF ... !(~Qr!i.s.k4".,. ,....". ,..Countyof '.', .t!il.1.1",."",." ,..",:
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<br />The foregoing instrument was acknowledged before me .",." ,~QY/:!llliler,:z..",.,....""" .19 .al},.
<br />by .~~;;"Q,j~QQ9\V.i,Il..pr.~~ident of Goodwin Construction Company, Inc.
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<br />Signature of Person Tliking Aeknowledgment
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<br />.. " , Np,tary, PubJ,i.c.,." <0,..",.,..', "",... <0
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<br />Etttel'lld on numerical indG .00 llIed fqr reoot!li
<br />in the RePter of DMds 0t!k>iI of Mid CoIlnt)' the
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<br />Re., of Dee.J.
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