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. i ~-A-REri~t„ F'i$T~AT[ '~htpRTGAt#E {{,or~p.j-With lax Uauac {Rfvi~ctd fiBEi} T!ae aivgxa¢ GmaeW ~upptq Aa[uem. I.aortn, .*&Ar. -. -
<br />1[ZsiO~u'V ALL ht'EN I~`.'Y' 'T'HESE PRESENTS: That Mid-Continent Enterprises, Inc.
<br />a corporatioa organized and existiag under and by virtue of the taws of the State of N2braSlSa in
<br />coaeideration of the sum of Nine Hundred Thousand ~ No/100 ($900, 000.00) ------ DOLLARS
<br />in hand paid, does hereby SELL and CONVEY unto
<br />Commercial National Bank & Trust Company
<br />of Hall County, State of Nebraska the following described premises situated _
<br />in Hall County, and State of Nebraska , to-wit:
<br />Lot Three (3), Block Nine (9), Continental Gardens, An
<br />Addition to the City of Grand Island, Nebraska
<br />In the event the title to said real estate is transferred, or contractec
<br />to be transferred, from the undersaid for any reason or by any method
<br />whatsoever, the entire principal sum and accrued interest shall at once
<br />bcCi~aTic di.i2 said payable 't file livid2r hcrcvf. i'aiiiiie tv eXei"t:1Se this
<br />option because of transfer of title as above stated in one instance shay
<br />not constitute a waiver of the right to exercise the same in the event c
<br />any subsequent transfer.
<br />The intention being to convey hereby an absolute title in fee simple.
<br />TO HAVE AND TO HOLD the aremises abave described, with all the anourtenancex thPm._te betone _g ,r ~~ ±tte °s;a
<br />Mid-Continent Enterprises, Inc.
<br />and to l.tS heirs and assigns forever, provided always, and these presents are upon the express condition that if the
<br />aaid'.~'Tid-Continent Enterprises, Inc.
<br />or assigns shall gay or cause to be paid to the said
<br />Commercial National Bank & Trust Company its
<br />heirs, executors, administrators or assigns, the sum of Nine Hundred Thousand & No/100-Dollars, payable aa-
<br />fottdiJ3.'fd•d7ft•.
<br />De!}arsen-tl+e day<f- rl-0
<br />Dtrtfars'rnrthg dayaf '!9-
<br />'ijD'18fSD1ftit8 duyaf - -39~
<br />L~exs•etr~e days rl9-
<br />I3oHars•etrlix de~bE -19-
<br />with interest thereon at percent-perbrrmm, payable amivalfy, atturding to the tenor and effect
<br />of the promissory note witk-interest-eoapvmsattas}ted-vFaeid Or ngte5 Of SAid Mid-
<br />:ontin nt Ente r s s, Inc, as such notes may be from time to time modifie
<br />~en~we~, ~r e~~~n~e~ in wr.~i'~n ,
<br />bearing even ate wtt t ese presents aril s a p~ all taus and assessments levied upon said real estate and all ot3n:r fazes,
<br />levies and assessments levied upon this mortgage or the note which this mortgage is given to secure, before the same becomes
<br />delinquent, and keep the buildings on said premises insured for the sum of $ g 0 ~ (] ~ ~ , Q ~ ,lass, if any, payable to the
<br />said mortgagee, then these presents to 6e vaid, atherwise to be and remain in full forcz.
<br />fT' IS FUR'T'HER AGREED, (1} That if the said mortgagor shall fail to pay such fazes or omrure such insurance, the
<br />said mortgagee may pay such taxes and procure such insurance: and the sum so advanced, with interest at 12. Q per
<br />cent shall be repaid by said mortgagor, and this mortgage shalt stand as security for same. (2) Thaf a failure to pay any of
<br />said money, either principal or interesk when the same bernme due, or a failure to comply with sny of the foregoing agree-
<br />ments, shall cause the whole sum of money herein secured to bernme due and collectible at once at the option of the mortgagee.
<br />IN WITNESS WHEREOF, the seta Mid-Continent Enterprises, Inc.
<br />h~ hereuntp p¢#isidtl6sfcRrporate seal to be affixed and these presents to be signed by its President
<br />this 3'.a~y'~r••:~T~il , is 79 .
<br />Signori ;sealed alai de}ivd~3 ;in Presence of
<br />~ Mi~ ~on ne er r~es, Inc.
<br />....
<br />:: :.r,-, , , :.
<br />'~
<br />STATE (~e~yg,~,,dska .... ...... .... .. .. County of .Hdl........ .. ...._- ~.__~_
<br />`''°` Milan D. Bish
<br />Before mQ 's ltgta]'~ public quali&ed in said county, personally came
<br />- President of
<br />Mid-Continent Enterprises, Inc. ,acorporatiozt
<br />kaowu to me ko be the presadenk and identical parson who signed the foregoing instruLnenk, arnt acknawledged the ex+acutioa
<br />tberea# to be his voluntary act and ds~erT as such officer and the voluntary act and decd of said corporation and that its cor-
<br />porate seat was thereto x, its authority.
<br />.°
<br />myha3d a¢id ~to~_~4/~AtR'laeal oa.. . - .. .. 7 -~ ................ f,! . .. -- 19 . 'y ~, j
<br />A4y oa(emfaiamoa e>tjllra~. ~''SY"~S~„,~ ___.. , 19.%~./ .. ~ r ......Notary Public. j
<br />L3tr~TT:'OF ..........................._.._..--°--........ Entered on nu>~rical iudez and flied for record
<br />es. in the Register of Deeds Office of said County the
<br />C~tttilgr `,..e .:...................... ......._.._............_...,._........_....
<br />j.......:r,-......._;..day ~..:....._ ................_...,.............., IS............. at...,._.....__.....:_...,.,_.o'ctoek snd. .....minutes .. .M.,
<br />ari+# raeasr~i to Rtirk ............:_._......:.:................oi..,............_._....<_........_....~at pegs,.-..................
<br />•• - - - --- ._.......- - ai T?~a
<br />$y .................._.... --- - ...._..... __........... llerntty
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