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<br />' 52•A:-FtEkL E~9'TA'S'E M!'CPRTGAGE-fMY'Itii 7mNx C'I~Pr'ua~e} f#I.Cwited t!Nk6123 :s"hw~ FBra.Mhs3xn C„~;,crrnd a::~.N,- .rraa~e~„ 11'~.-v ~w@n. 3w~i.~r.
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<br />K'.NO~ _ ~ . ~,HE,___ .' _ _. '-.-.. LITTLE B's^CORP4RATION ~5.. Thotaa:s . _._ i -
<br />~Lf. NfiFAI E3Y '9E PKI ~I~;i~TJ. TI~,iNt y S. Barter,
<br />Presiden*_
<br />of Hall County, and Stake of f'tebI3Ska , in consideration of the sum of
<br />SEVEN HUNDRED FIFTY THOUSAND AND NOi100----------------------^---------------°-DpLLAI?S ~ k
<br />in hand paid, do hereby SELL and CONVEY unto The First National Bank of Grand Island,
<br />of Hall County, State of Nebraska the following described premises situated
<br />in Hall County, and State of Nebraska to-wit:
<br />Southeast Quarter (SE 4) of Section Nine (9), of Township Eleven (11)
<br />North, Range Ten (10) West of the 6th P.M., Hail Cotmty, Nebraska.
<br />f
<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 FIOLD the premises above described, with all the appurtenances thereunto belonging, unto the said
<br />mortgagee(sj and to his, her or their helm and assigns forever, provided always, and these presents are upon the express
<br />condition that if the said mortgagor{s}, his, her or their helm, 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 g 750,000.00
<br />payable as follows, io wit:
<br />On demand, or if no demand be made, then on June 15, 1979, principal of $750,000.00,
<br />plus accrued interest shall be due and payable.
<br />with intr-east according to the tenor and effect of the mortgagors written promissory note Bearing even date with ih~ presents
<br />and shat) pay alt taxes and assessments levied upon said real estate, and ail other lases, levies and assessments levied upon this
<br />mortgage or the note which this mortgage is given to secure, before the same becomes delinquent, and keep the buildings on
<br />-said premiers insured fcr the sum of S 750 000.00 lc~s, if any, payable to the said mortgagee, than tl-,e~ pr~r~~
<br />to he void, -othersi°ise to be sad remain in fu~i force. - -
<br />IT I3 FURTHER 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 12X per
<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 mmply with any of the foregoing
<br />agreements, shalt cause the whole sum of money herein scoured to became due and collectible at once at rho option of the
<br />mortgagee. • ~ ~ • ~ -
<br />Signed this 15th day of March 19 79 ''4y:rS'. L' 0~ ~''
<br />;' ... `-,
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<br />In resence of LITT B~'CORPORATI '-'~~ .~ ~ ~ ~'
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<br />°_~ ~ t
<br />B}r ., ......... ,,, ,.
<br />Thomas S. Baxter, bra's nt1 ~-,~~
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<br />„ y ~ ,.
<br />ST ..Plcbrask8.........,_--..._.......-.... County of ... _ .....HFlhl.....__..._.._.. '. .•
<br />-`-otaty public qualified for said caunty, personailycame ThOmaB S. B8Xter, PTeSiaetlt
<br />=fig ~ of Little B's Corporation
<br />* to me +~ ~ identical person or petsons who signed the foregoing instrument and acknowledged the execution
<br />~?fEl~lfhis, r their voluntary act and deed.
<br />tXtMMk9SWN
<br />~. _ !0.Y nafsrial seal on..........Pk3X'~ ..)..~ ............... ... ..........:.....
<br />§..
<br />,, . Q ~ .>,~f.'............ 18!'..`.'.-- --- - G4"~ ._:. ~---_._-s~.t~L-sy.~,/...Natary Yublic.
<br />~E~~ reeks
<br />..........._ ........................................... Entered on numerical index and filed for record
<br />minty ... .--~~~.... ..............._...-....._.... ~' in the Register of Deeds Office of said County the
<br />.,._:._ ...............day of......:...........:.,...»............~....-----• 13............. at....»............-.............o'clock and..........-............._....mirsutes ........._..... - -.l'.4.,
<br />and recorded in Book.,.....» .......:.:...._........»....._af.........._.....».............._......at page........._..............,..............._..
<br />.........-----°-- . ............................_.............._...-.......Reg. of Deeds
<br />By ..........................................................................................Deputy
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