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<br />~:'~` <br />REAL ESTATE MORTGAGE (CORP. ) <br />KNOW A LL MEN B`t' THESE PRESENTS: That The YMCA and YW CA New <br />Building Corporation; The Grand Island YMCA Holding Corporation; Young <br />Vt'omen's Christian Association of Grand Island; and Young >V4en's Christian <br />Association of Grand Island, Nebraska: Corporations organized and ex- <br />isting under and by virtue of the laws of the State of Nebraska in considera- <br />tion of the Burn of Five Hundred Fifty Thousand and no/100 dollars in hand <br />paid, does herehy SELL, and CONVEY unto Commercial National Bank & <br />T rust Co. , Grand Island, Nebraska, of Hall County, the following described <br />premises situated in Hall County, and State of Nebraska, to-wit: Fractional <br />Lot Four (4), in Fractional Block Ninety-one (91), in the Original Tawn, now <br />Citi` of Grand Island, Nebraska, and Lots Three (3) and Four (4) in Block <br />Two (2) in Arnold and Abbott's Addition to the City of Grand Island, Hall <br />County, Nebraska and that part of North Washington Street wing adjacent to <br />and westerlti of Lot Four (4) Block Two (?) in Arnold and Abbott's Addition <br />to the Clty of Grand Island, Hal! County, Nebraska, being a tract of Land 40 <br />feet by 132 feet. And, an Assignment of a Leasehold Estate and Leasehold <br />improvements by virtue of a certain lease bearing the date of 143a 1, 1978, <br />and anv ammendments thereto between the City- of Grand Islan a ras za, a <br />manieipal corporation in Hall County, Nebraska, and the Young Men's <br />Christian Association, the Young '{'omen's Christian Association, and The <br />YMCA aad 1'1~"CA ?\ew Building Corporation and subsequently assigned to <br />Commercial Natural Bank ~ Trust Co. , Grand Island, Nebraska, a <br />natianai banking organization, covering the following described property to- <br />wit: A steel framed construction with masonars- walls. The dimensions being <br />120 feet wide by 350 feet long located an the following described property to- <br />wit: <br />Lots Five (5), Sts (6), Seven (7), and Eight (8) of Block Fifty-three (53), and <br />the i&'est Thirty-six Feet of I.ot Five (5) of Block Fifty-two (52), Original <br />Town, now City of Grand Island, and vacated Kimball Street adjacent, all in <br />Hall County, Nebraska; and <br />A rectangular tract of land located in the :worth Haif (NZ) of Block Fifty-three <br />{,53), Original Tows.^., ..^...::' City of Grand island, Nebraska, and more particu- <br />larly described as fallocc=s: Beginning at a point on the North line of the alley <br />r%ght-of-way of Block {53) and Seven (7) Feet Westerly of the ~'4'est line of va- <br />ca#ed Kimball Stree#; thence running Northerly eighty-five (85) feet on a line <br />seven {i) feet from and parallel to the Westerly line of vacated Kimball <br />Street; thence Westerly One Hundred One (101) feet an a fine parallel to and <br />One hundred One (i01) feet dawn from the Northerly alley line; Thence <br />Southerly a distance of eighty-five (fi5} feet on a line One Hundred Eight (108) <br />feet from and parallel to the tA'esterl}° line of vacated Kimball Street; thence <br />easterly a distance of One Hundred One (101} feet along the Vortherlc alley <br />line to the point of beginning. <br />'T'ogether with all the terse=nenis, hereditaments and appurtenances to the <br />same belonging, and ail the estate, title, dower righ# of homestead, claims <br />at~td demands u=haisoet~c•r of thf~ said ?1°iortgagar, of in or to said prezztises or <br />any part, thereof; and said Aiartgagor does hereby covenant, that said Mort- <br />gagor is lawfully seize°d of =aid err: miser, that said premises= arc• free from <br />incumbrance--, far the exception of the into-rest of the City of Grand Island, as <br />it relates to Lots Five (5 ), Six (63, Seven {7), and Fight ($3 of Black Fifty- <br />Three (53} and zhe lA-est Thir#y-Six Feet c>f Lat Fivc (5# of Bioi-k Fifty-Two <br />(52), Original Tov~n, now Cit}• of Grand Island, and vacated Kimball Street <br />adjacent, all in Hall County, 4ebraska and a .-ectangula*• irct of :and located <br />in *_he North Ha~_f iN,~) of Block Fifty-three {53) Original Town, now CitS• of <br />Grand Island, 'x'ebraska, and mare particularly describzd as f+~ilnu°=: Be- <br />ginning at a point err: the :orth ':ine of the- A iir-~~ right-Uf-wati' of $i:ick 153) <br />and Severn (7) Feet A"esterlyy of the West 1_ine of vacated Kimball Street; <br />thence running Itiortherly eighty-five ($5) feet c:n a line =c°ven (7) feet from <br />and parallel #o il;e Wes#erly line of vacated Kimball 5ir~°et; thence ~i~estt~riy <br />~~ HwndTed C?ne (101) feet an_ a line parallel to and One Hundred Onf° (1011 <br />Feet I)ovvn from the Northerly Alley Line; thence- Southerly a distance of <br />Eighty-five (85} feet on a Sine One Hundred Eight {108) feet from and parallel <br />to the VGes#erly line of vacated Kimball Street; thence Easterly a distance oT <br />One Hundred One (i01) feet along the Northerly alley line to the- point of he- <br />ginaiuxg, and that sa:d liiartgagor will t~arrant and defend the title to said <br />premises agains# the lawful claims and demands of ail person= whomsoever. <br />