|
E'f'~HIBI,T B
<br />52.q-~-~~-f~~y&~EA~ ESTATE FCO'ltTI~.RGE-t'h1'Rth Tax C9a,use,N {Rcwi3s,d t9ti2'; "S'~se ~€iwffrrti~e~rs !»rrarae'AJs~pp3y iSrw4;sx, S."unr~casz. 1'~~:'.kr..
<br />]plltiO'1W .':. l~!IF'N }3Y 'TF,3I~;:SE PItI1S1:NTS; 'A"chat Thomas S: 1'iaxtaT ana3, E1iZabetlu 8&xtar, Ha'tsband
<br />and tilife, each individually in his and 'her owti right, and as spouse pf the ether,
<br />of Hall County, and State of Nebraska , in consideration of the su.-n of
<br />FOUR MILLION TWO IiUNDRED FIFTY THOUSAND AND NO/100------------------------------t~SOLLARS
<br />in hand paid, da hereby SELL and CONVEY unto The First National Bank of Grand Island, ,
<br />of Hall County, State of Nebraska iha following described premises situated
<br />in Hall County, and State of Nebraska , to-wit: '
<br />The East Half of the Northwest Quarter (E'~ NWt~) of Section 15,
<br />Township 11 North, Range 10 West of the 5th P.Ai., Hall County, Nebraska.
<br />The Southwest Quarter (SW's) of Section 9, Township 11 North,
<br />Range 10 West of the 6th P.M., Hall Cpunty, Nebraska.
<br />Including all irriga*_ion 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 convey hereby an absolute title in fee simple, including all the rights of homestead and dower.
<br />TO HAVE AND TO HOLD the premises above described, with all the appurtenances thereunto belonging, unto the said
<br />mortgagee{s) and to his, her or their heirs and assigns forever, provided always, and these presents are upon the express
<br />condition that if the said mortgagor(sj, his, her or their heirs, executors, administrators or assigns shall pay or cause to be
<br />paid to the said mortgagee(s), his, her or their heirs, executors, administrators or assigns, the principal sum of $ r+, 250,000.0
<br />payable as follows, to wit:
<br />Payable in accordance with demand note of even date
<br />herewith, or on June 15, 1978.
<br />with interest according to the tenor and effeM of the mortgagors written promissory oats bearing even date with these presents
<br />and shall pay alt lases and assessments levied upon said real estate, and al! other taxes, levies and assessments levied upon this
<br />.mortgage or the note which this mortgage is given to secure, before the same brcvmes delinquent, and keep the buildings on
<br />said pretises insu.°d for the sum of $ ,loss, if any, payable to the said mortgagee, then these presents
<br />!ca be void, othe-wise to be and remain in full torte.
<br />IT IS FURTHER AGREED (1) That if the said mortgagor shall fail to pay such tares or procure such insurance, the
<br />said mortgagee may pay such taxes and procure such insurance; and the sum so advanced, with interest at 7,1X per
<br />cent, shall be repaid 6y said mortgagor, and this mortgage shall stand as securty 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 cause the whole sum of money herein secured to become due and collectible at once at the option of the
<br />mortgagee. ,
<br />-;-r
<br />Signed this 15th day of December 19 71 '~' "~ _~
<br />-,
<br />In presence of ...... ~...~...~.2~?' :.................,.,,,r..... fi.._.........5....:a ...ter
<br />. , T p x
<br />w Elizabeth Baxter
<br />.&&~8 ............................ County of.........._Hd~,l._._._......._...._........:
<br />public qualified for said county, personally came Thomas S. Baxter and Elizabeth
<br />identical person or persons who signed the foregoing instrument and acknowledged the execution
<br />thefx_voluntary act and deed.
<br />d notarial sea! on........_....-Dece~beZ ..15...:.,..a.°,~._............_~-....
<br />..Notary Public.
<br />~`~ ~ t~agka
<br />..-. ............................................... Entered on numerics! indez and tiled for record
<br />' ~' in the Register of Deeds Office of said County the
<br />County' ..... ».X83:a:..._ ..................................»..............
<br />...._....,..:.........day ot...: ...................:.....:.:.._...._._.... 79...--°--..., at.........._....._.....:.....:.o'clock and.............._......_......minutes ......................M.,
<br />ate retarded in Book......:............_..........._.,......ot ......................:................at >~----~ ----~-- -°---°......................
<br />
<br />.-.,.-..--Reg. of Deeds ..
<br />..........___...........Deputy , :.
<br />x
<br />
|