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<br />58•A--REEAL trSTAT•~7M"";O~RT-'GAGE (Corp.}..-yY34h TaM Clanse (Revised 1862} The H>~aaa C.nrnl goppty Suu~r, T,focaln, 27obr. <br />K23(}W AI.I. MEN BY TliE3E PRESfl~7T9: That Mid-Continent Enterprises, Inc. <br />i a corparatiexa argsnized and exvstiag uraiee anti by uiitue of the laws of the State of Nebraska in <br />eaasaiezat~snafthesnmof fifty thoissar~3 anc3. no/l0u ($50,Q4U.d0)°-----------D©I:LAI39 r <br />r io hued , does hereby.SE~I. and C(}NVEX ants <br />~ Cafr6nercial Natanal Sank & Trust Caz~pany <br />I of Hall County, Slate of Nebraska the fallowing described gremiaeB situated t <br />;,, Hall County, and State of Nebraska . tn•wia: I#( <br />I,ot Twenty Five {25) r BIoCk S'3.x (C), IITiit <br />Three f3), Continental Gardens,- An:Atlditian <br />to the City of Grand Island, Hall-County, <br />` Nebraska. <br />3n,-the event the title to said real estate is transferred-, or casttratted <br />Abe transferred, -from the undersigned far any reason or by any method <br />!urhatsoever, the entire princigal sum and accrued interest shall at onae i <br />became due and payable at the election of the. holder hereof. Failure ta. <br />exercise ':.ft=a agtian because of transfer of title. as above stated-in one-.- <br />~instance sha21 not constitute a waiver of the right to exercise the 'same i <br />~tY:e event of any subsequent transfer. <br />The intentiea being to convey hereby an absaiute title in fee simple. <br />( Td IfAYE AiVD TO -Ii4Ll7 the premises above described. with ail the appvrtesaaces thereanlo 6ele®gmg nnto t~ aaiti <br />:~ ~ Mid-Ct~nti~ent Enterpr~.s~es, Ina. <br />srni to itS heirs cad assigns forever, proyaded always, arm these paeseaffi ere open the ezpr~ exradition that if the <br />said Mid-Continent Eiitexprises, Inc. <br />}~- - ~ or assigns shall-psy rir-catase-to 6e paid to the said - _ __ <br />` ~ Commercial National Bank & Trust Comgany <br />£if~sheirs, executors. adaainistxators ar assigns, Lho sum of Fifty thousand and naf 10U-----^IJoRers, pe":alde as <br />foiloxvs,tn-wat: Fifty thousand-arid-no/lOQ ~$50,OOQ.4Q) ________________ _ -- <br />~` - T1n:Iars on the 2xld day ~ ¢ia3' ~ ' 9 <br />' [ - - - Dollars os the day of - 1~ - ~ <br />t Dollars ~ the day erf , l9 <br />z (j - - i?nt3ars as the day-~ ~,.ls i. <br />i Dollars oa the daF ~ . i9 <br />-with iraierest thereon at per cent per annum, Payable - 5r21~9 t4 tl~ tenor and effec3 <br />si the prffiaissarX note ssldr~2eresE-s'attae~d of said } <br />„,-~ 1!sid-Continent Enterprises, .Inc.. t <br />3 -6esxiag even date viith these preaeats and shall pay all tales aaxl seeeaements levied upon said teal estate and ail o#rer lass, ~ <br />i? ~ levies and asseasmaaffi hrvieci npon this mortgage oz the mate which this mortgage is given to secure, before the came bea~tes <br />deli~nent, sad keep the bviiciiegs car said premises inaureil fqr tip sum of ~ ~ Q , (3 G'J . 4 t'I . iora,sf amY: Pie to Lhe S <br />t, said ~stgag~, then these pr!esente to be void, othorwis~e in be snd remain is full forr.~e. ! <br />: ~ I'T Ili FilRTfi1R AGREED, {l} That if the said awrtgagor shall fail m Pay such taxes or gavcu;e auto iaactrapoe~ #5e ~ <br />. .aid mcrrt2agtie may ley such taxes and pa~ure such insurance; sad the sum ~+ advanced, w~ istereat at <br />cent shall be repaid iry said mortgagor, ami th's$ mortgage shall stand as <br />~; security for saa+e. (2) That a taiiuxe m gay say qF <br />=- -~ ~ may, ?ir grintaA&! sr iatea+~t when tT~ wane b€coma d++e, cr a fa;,!sza t~ y rre~k a~*~+-list f -_ <br />~~ _ ~ ? -[s s~Lit e~+ase whole sum. of mosey herein pared to EzeaQme due am3 colFecti~e at mce a3 ~ the . <br />IAi 9YPTN$SS 1'dfIEREOF, the said Mid-Continent Enterprises, Inc. <br />ilea herzeuatrs satin itr, corpurate seal to be affixed sad these presents to be sagard by its Free ident <br />° this ~ aey~~'., ':.November , is ?8 . <br />l; <br />?~ ~ Sie~,,,,,,1~ end delivered is preaance of <br />- ~i ~-_ .';?. sue- <br />/~~ .... <br />~ ~ J~ __. <br />3TA'l'E Or' : ~~:e~~~~€ :::.........._ ---._ .., C«mtp of ~a~,_...,---- <br />Befcre me. a notary puidic gaslsEerl m e3ard cosrnty, persoaslly--came ~ - - -Milan _D. 131,Sh - <br />Ptvaidant of <br />Mio-Continent Enterprises, ixic. ~acorporahiori <br />Yaovrn to me to hr fire prxir~* ausl itiep3ical wino- signed, the- A~".e~gn,nen ir~trnmers2; and ackaowla+,Red the esecnfiaa <br />f dmreot` to oe hiAu~la~~ ss ~: aml-the amutstar5~ act and. dead of aa~ 'atinn and that its. car- ! <br />~ _ <br />i. 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