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<br />58-A-REAL E8TATE MORTGAGE iGarp.)~-With Tax Clause iRevised 7382} The Hui6ua» General 8upplq Haw, idmaln, tdabc. ~
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<br />ISNG4V ALL SE PRESENTS: That Mi.d-COntinerit Enterprises, Inc.
<br />a corporation organized and eristine under and by virtue of the laws of the State of Nebraska is
<br />carsaidexaticm of the sum of Fifty thousand and n0/100 (550, 000.00? ----------- DOLLARS
<br />in hand paid, does hereby SELL aced t;(?NVEX unto -
<br />Commercial National Bank & Trust Comgany
<br />of Hdl1 County. State of Nebraska the foIIowing described premfs~ situated
<br />is 13412 - County. sad state-of Nebraska , tn•wit: -
<br />i;at T'tventy -Six i2&~ ; Block- -Six (6} , -Unit
<br />Three f3}, Continental Gardens, An Addition
<br />to the-City of Grand Island, Hall County,
<br />Nebraska.
<br />In the event the title- to said real .estate is transferred; or eciltracted
<br />tcs be transferred, from the undersigned for any reason or by any method
<br />~1latsoever; the entire grincigal sum and accrued interest shall at once
<br />beco;tle due anci sayable 4t the election of the holder hereof. Failure to
<br />exercise- this option because of transfer of .title as above stated in one
<br />instance shall not constitute a waiver of the right to exercise the same
<br />in the- event of any subsequent transfer.
<br />r:
<br />The inteatioa being tc conc~ey hereby an absolute title in fee simple.
<br />TO HAVE AND 'TO HOLD the premises above described. with all the appurtenances thereunto belonging anto.the sattl
<br />Mid-Continent Enterprises, Inc.
<br />and to .LtB heirs and assigns forever, provided always, and these presents are upon the ezpress condition that if the
<br />said ASid-C'onti.nent Enterprises, Inc,
<br />or assigns shall pay or cause to be paid to the said _
<br />Commercial National Bank & Trust Coingany its
<br />heire< executors, administrators or asgigaa, the sum of k'i,fty thQUSand & npj1Q1)^t--_.,__.Dollars.ppyablaas~
<br />fpuowa, to-wit: Fifty thousand rind noj1QQ (.$54 { QQQ-, f}Q} --^--•_----~---------^--° ~-
<br />_--'__--^-"--°----------'__..-„__._... Dollars on the 2nd day of t~tay "' ~.9 .
<br />Dollazs on the day of , !9
<br />Dollars en -the - daq of ; !$ -~
<br />Dollars oa-the - day of - -, !3-
<br />Dollara oa the day of , !9
<br />with interest therm at per cent per annum. Payable ~jzj~Q aantsaliy+aooordiag t4 the tenor--amT-eHeci
<br />of the proenissoty note witi+-sa#e+~slbeupens.~ter~sed of said
<br />Mid-Continent Enterprises, Inc,
<br />bearing even date with-these Presence sled shall pay all faces and asseasmsnts levied upon said real estate and all other ta~ea, .
<br />levies apd asaessuuenta levied upon this mortgage or the cote which this mortgage is gives trs secure, before the acme iceermtes
<br />delinquent, aril keep the buildings on said premises insured for ile s® of S ~0, (}~}(}, Q0 , keel, if any, F+ay~e to the
<br />saai mortgagee, then these Presents to be vahl, otherwise #a be sail remabt is full force.
<br />I'I` I8 FI7ATFfER AGREED, il) That if the said mortgagor shall fail to pay auc2i toes or procure such inettcaatx, the
<br />:ski mortgagee may pay sacs lases and procure sum insurance; arxi the sum eo advanced, with tnterest at -pea-
<br />arat shall be repaid ley said mortgagor< and this mortgage shall atarrd a$ security for same. (2) Thai a failure to pay aay'a[-
<br />sard money, either principal ar interest when the same become due, or a failure to 5xffiply-with aa_v of the foretteiag ag +6e-
<br />nreara. shell cause the whole sum of money herein secared to 6 emote due and coAectitde at once at the aptiaa of the mortgaaae. -
<br />IN WFTNESS WHEREOF, the said AQi~d-Continent EnterpziSesr Znc.
<br />has heresrah>~cansod its corporate seal to be af6aed and these presents to be sdgned by its PrE'Sxtl~dlt
<br />dris - ~.~~` ~:. of NOVefltbez . is 7$
<br />+e;(dslivered in presence of
<br />., -,
<br />. M%d~C ti ~ >xnt.4~?~ ~ .~..
<br />. _~
<br />srAr~pF _.:~ . b~~l~~•-----.----------~,., ~,m~y ai.._.._._Hale..~--~_...------~---~-----_......_..._:
<br />~.•! ~ntary publt~e'quaiified is said:-county, personally wme F9~.lan D. BiSh
<br />- President of
<br />ASi:d-Can t iP_2n'L Enterpr:~Ses t ~ItG . a corporation
<br />kreov,n ~-.pm to ne the nreaident and ideiefital~a who signed flee foregoing inetraaineiit, and acfmowledge8 ~#he ezocutioa
<br />thereof to be his vd~ tttarp act and -deed' as suc§ officer arm the volinrtaiy set and deed of said corporation and -that rte err
<br />~... a,~ Deal ~~. m ' ...v.'msuv~:.-0 au l'i6;i'~j~ -
<br />Witness my ~Sii~ i~-n,,y,,r~ft srsl or _-..l~2tzVe~ ~ ._....__ y'...., ..:......... : 19.-~$-.<-
<br />MY ~ e~nraR ... h.~Gc.,~er~..._ lt}~~.. ..~~rt-~c_.._...Notarv Ptabix.
<br />SPATE pF..... _ .. _...1 ~ Entered on numerical. lades and $i@d f~ zecord
<br />)Y in tl~e Register of Y)cods (?Ihce of mid L`aelutssR rim
<br />County ....... ......._ .._..... - ..... _ ..
<br />___._......_..day ~__- - ...:............_..-_......._.: 19.:.........„ at...--.......___.-.:_.........o'clock Arid.:..._.._..:...._.........minufs+e ».__.~.»....„..1K.,
<br />end reeardedin $~od _....;:...._..__ ..: -..,af...._.~_._ .......... .........„a6.page,...;»:~,.:. -.......---:..........._ -
<br />:_:.,:.._...:,:.....::...._:_..._...._,........_..<........._.._.........Reg. of Deeds
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