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_. <br />~_ <br />MORTGAGE oN TZEAIa ESTAE <br />This Mortgage is made this I5t3a day of January, 1982, by <br />- and between M & L Investments, a Nebraska general partnership <br />(hereinafter referred to as "Alortgagar"- and William D. s.,ivengoo <br />(hereinafter referred td as "Mortgagee"1. <br />I. RE!'I`Ft~Lfi. <br />A. WHEREAS, A2ortgagor is a general partnership validly <br />u:xisting under the laws of the State a*_" Nebraska, and has full <br />glower to transact business, to purchase and sell. property, tc <br />lend and borrow money, to issue guarantees and td pledge and. <br />ednuey its property by way of mortgage, and <br />8. C~'HEREAS, by Purchase Agreement elated January 15, 1982, <br />weathercraft Company of Grand Island, a corporation validly <br />existing and ir. goad standing under the laws of Nebraska, agreed <br />to purchase and the ~ldrtgagee agreed to sell all. of the capital <br />stock df the Mortgagee in W7eathercraft Company of Grand Island <br />and all of the Mortgagee's interest in.~lortgagar subject to the <br />terttes, conditions, covenants, warranties and representatiar_s <br />contained in said Agrees~zen:t, hereinafter referred to as "Purchase <br />Ag~E~uent" , and <br />C. WHEREAS;, to facilitate said purchase: and... sale of a1Z <br />capital stock n€ Weathercraft Company of. Grand Island and all. of <br />Morts~agee:'s interest in the Mortgagor, ni & L Investments deemed <br />it ne~eary to issue and Mortgagee deemed it necessary to <br /> <br />