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<br />~ 1. t»',$,'r1A7~ IFM1fJNIRISGJIG,.,:~~. :~~~~. .se~! (. ev6aE.C& 1I~ri21•. ~.. TRae ,.,~~uo fi~~, ,~... -.~~, ..~~. z :,,~.:::.
<br />. 5z_ykT°~~..~ ~~ ~ E-.., ilkh Tax Ciaua . ~~
<br />Ft m~m~axh9 aueg,~i-r #g~viae. k.iar..oirn, Etxd6v.
<br />~ ~~'~~~~ Thomas S„ Baxter artd 'llizabeth Baxter Husband ~
<br />K',NCY"~T A „,L lif ~liF F3'~' 'I:"IfE.~^rE I RESt~T~I'"f S: That e
<br />~'aad Wife, Aac$. indi~ridually in'his and'her tkwn rigltt, and as spouse of the ether, '
<br />_'- of Hall County, and 5taie of Nebraska , is ransideratian of the _-~rm of ~`
<br />~fiHREE MILLION SEVEN HUNDRID FIFTY THOl7SAND AND NOli~10--------------------------- COLLARS
<br />in hand paid, do hereby SELL and CO3STVEI' unto The First National Bank of Grand Island,
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<br />of Hall County, State of Nebraska the following descnbcd premises situated j
<br />Hall ~.,....... ~..., c.,.,, .,r Nebraska ,,L.~;.- i
<br />ir. ---- _.,... ,.,, ......-.a .,. .._ .----
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<br />The East Half of the Northwest Quarter (E~ NWT) of Section 15,
<br />Township 11 North, Range 10 West of the 6th P.M., Hall County, Nebraska.
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<br />1 The Southwest Quarter (SW's} of Section 9, Township 11 North, , ,
<br />Range 10 West of the bth P.M., Hall County, Nebraska.
<br />Including all irrigation and water rights, irrigation wells,
<br />pumps, irrigation equipment and accessories thereto.
<br />Subject to easements of record and to existing roads and highways.
<br />The intention being to cronvey hereby an absoluiz title in fee simple, including all the rights cf homestead and dower.
<br />TO HAVE AND TO HOLD the premises shave described, with all the appurtenances thereunto belonging. unto the said
<br />rirortgngee (s) and to his, her or their heirs and assigns forever, provided always, and these presents are upon the expresF
<br />condition that if the said mortgagor(s), his, her or their heirs, executors, administrators or assigns shall pay or cause to be
<br />paid !o the said mortgagee(s), his, her or their heirs, executors, administrators or assigns, the principal sum of $3, 750, 000. ~
<br />p&Yable as follows, to wit:
<br />Payable in accordance with demand note of even date herewith,
<br />or on December 15, 1977.
<br />with interest according to the tenor and eliecl of the mortgagors written promissory note bearing even date with theme gresent:
<br />a3rd shall gay all Yaxes and assessments levied upon said real estate, and all other taxes, Levies and aasrssments levied open ihie
<br />morigsga or the note -which this mortgage is given to secure, before the same becomes delinquent, and keep the buildings on
<br />'said pra~nises ins~.rred for the sum e£ ,last. [£ any. payable to the ±aid mortgagee, then theme preseritz
<br />to !aa void,--atherwi_.+e to t±e and remain in full. forge.
<br />IT IS FU.2'I'HER AGREED (1) That if the said mortgagor shall fail to pay such taxes or procure such insurance, the
<br />said mortgagee may pay such taxes and procure such insurance; and the sum so advanced, with interest at jjx peg
<br />cent, shall be repaid by said mortgagor, and this mortgage shall stand as security for the same. (2) That a failure to pay any
<br />of said money, either principal or interest, when the same becomes due, or a failure to comply with any of the foregoing
<br />agreements, shall muse the whole sum of money herein secured to become due and collectible at once at the option of the
<br />mortgagee. ~
<br />Signed this 2nd day of June 19 7
<br />In presence of ___. _ .. . ................_. .... ~,t
<br />' _j„ 'Thokrya, S, Baxter
<br />...
<br />Yi~`iia eth 'BaxEei
<br />STATE ..~....~. .&X148 .............................. County of ...._.....~A.}.a..............................:
<br />A~~~..~.JI~ bllc qualified For said county, personally carne Thomas S. Baxter and
<br />~•4,N E k~•,. ~ Elizabeth Baxter
<br />is f~ • .d
<br />person or persons who signed the foregoin instrument and acknowledged the execution
<br />~at~t. ~ votunta act and deed. ~
<br />ff ~7tpt ar~ n ial seal on ......._...... June L _
<br />'m A e•r ~ ~ ....... ...... ...~':.......:...g..........
<br />_ ......
<br />' S3,y 'r .. ~P1i1~_dA* .,... ,....... /~,l °~o ..... 194...4.... -Cs~t ~ ~~~~aw!ar:z.!~!.1...._..Nofary Pu611c
<br />4( $YTA,'1'l~'"d ~ Nt jig -•••-• Entered on numerical indez and filed tar retard
<br />~. Qiikrnty _•. ••: Nall }'~' in the Register of Deeds Office of said Cottnty thr
<br />_:
<br />, .... t9 ............. at...............------..........o'clock and...._.......................minutes .._................M
<br />,i E ,....,..., _ -,.,-day of ..~:„.. .......................
<br />i and raeorded in 13ook_ ......................_....._.........of.,......................................at page......................._................,...
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<br />~i BY ................_...,........_.................-°-___- ....................._..._.Deputy ~~
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