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<br />TRACT OF LRJJD lid THE SG+.:THERST QUARTER Or SECT10F3 : ? FTEEf: i~i,l'J T:jF'iSHiP ELE`?EN .."iGRT`ri, PJ,fJ~E
<br />h.INE WET CF THE 6TH P.t' tv'0~ PARTICULARLY DESrR!gEp HS cfll _=~~~. _-S!';.s!^JG RT P. POi?:T 33,0'
<br />NORTH AiJD 46U.'v' I~dE.`;T .'.`F THE SOUTHEAST CORNER CF Sr"t!D SECTi:~;' i3; THEFJCE F?r~rd:':if.G :`NORTHERLY R?rD
<br />PAPALLEL TG THE EkST LINE OF SAID SOUTHEAST OUAP.TtR ?, v1;;TAdCE ^.i= ~"LC.O' • THEfdCE RUf!':iNG viE`TERL?
<br />A DISTANCE CF !,!;;^i.~' PLUS OR -~11NUS TO A POIr'dT Of: T"r.E EAST LINE OF CHERRY STP,EET, BEING ALSO
<br />THE CORPORATE LlpilTS OF THE CITY OF GRAND ISLAND, iJEBFASKA; THEfJGE RUiJNiNG SGUiHEP,STERLY ALCN
<br />SAID EAST LItJE OF CHERRY STREET A GISTANCE CF 935.5' TO A PGif•!T 33.0' NOP.TH CF THE SO'~ H LIP~E
<br />OF SAID SOUTHEAST QUARTER; THENCE RUNNING EASTERLY A,ND PARALLEL TC^ THE SOUTH LIPiE OF SAlD
<br />SOUTHEAST QUARTER A DISTANCE OF 355.3'; THENCE RUN^{ifJG NORTHERLY ANC PA.P,ALLEL TC THE EAST LINE
<br />OF SAiD SCUTHEAST QUARTER A DISTANCE OF 225.0'; THENCE RUNNING EASTERLY AND PARALLEL TO THE
<br />SOUTH LINE OF SAID SOUTHEAST QUAf~TER A CISTANCE OF 210.5'; THENCE RUNtJING SOUTHERLY AND PARALLEL
<br />TO THE EAST Lli'JE OF SAID SCUTHEAST QUARTER A DISTANCE OF 226' TO A PCINT 33.0' NORTH OF THE SOUTF
<br />LINE 4F SAIU SCUTHEAST UARTER; THENCE RUNNIfJG EASTERLY AND PARALLEL TO THE SOUTH LINE CF SAID
<br />SQUT~IE,A~TeQ~JPe~TEBA ~~,~T ,,~~~r-4En~dl~~~FCt~iiFeiR{Alrt'JT,:;Q•F.; i~~It~IN:lt`~Ci;r'?C~IrJ~~~45fi~~~3"~CR~ R
<br />LE~S.
<br />=r .. ;c1,. -~e- new or herea ter ~re:_ .-. ~ ec ~ I .. = ai i _';nsratus e .:ont,
<br />~ik;.res or .jrticles, tvhe~har in ~~in.ie units or r ~r_r'ly ccntroiied, user` tc su~ir~y
<br />l:~at, yes, air-~~ondi~tionir~g, water, I ia;tt, p::wer, :._tri eraticn, vend la irr. cr ether
<br />;er .. ;:es and any other . ; ng , ~;w cr here::-a ~ ter :..ire i r. thereon the .:rn i s^ i nc o f
<br />::ni"l ty !r,ssorsto lessae~ro;- an unfurni_hed bui ici. ,~c^,i iar .._ the crle .~?w ~J here-
<br />af tar ;,n Laic prel^ises .~ r.us-ovary o- +aperop• irte, ~-.:I;.ai- emu' . v~ I irri to ~~,resns,
<br />..s d•_.. _..._.___ Sy-nrm dr,g r5 dtii~ w i r14C1v5 , Y-~rprt i nC .3n~ .. I ,.ir f I UO; .- ,.2r i ,,q5, SCr@~3;1 dvGrS,
<br />sw 1 - ^~b,il i7-;n QiSn'-.ta~nc•rJ, ., `: Ci t~(~, rE1r .QG'rc~t0""~, ~]'iL' Hu'C' ~l <'~^,,. ~ a^.d ..i J rentf`walS
<br />.r ~lo~~:...nt= Th~.aof ,all or whip: :;re intended "o :;e and are ,:~re_•by declared to be a
<br />par; :si said rc::! estai~ +.hat`:e~ '~ysi:a .y aTtace:.+ ,`:er,:.. r:r not.? Tt:e Association
<br />_: araay suorcc'.aci :~ the iS!ts of aiI rx,rtgaga- ienho,.,~r= and owners raid off by
<br />tt:U p~.;ceeds cf the I:,-~n ner.~r <,:ur~^!.
<br />TC HAVE :4tJD TG r~CLL the s,a.d ~troperty, with sa ~ ~~~li:^,,s ^r'o~sar^ent>, *ixtures,
<br />.urtanan:.es, apparaTus and aGu.ic~ment, unto said -, _%ia'i<,n, „'-- ssors ern'. a=_-s[.~nc,
<br />~,r8v ~r
<br />`%<art gagor hereby covenan „ '.v i ... sa i .. As c.; i a; ie~ : I , succes ~~^rs, ar,d ._.- _ n:,, ~ rlat
<br />io.-ttvagor is !aafuily seized cf said premises, than they a~a fray: o` encuT.pr~n<,es, and
<br />,:., 4ortgagor wiil tereve%~'.~arrant and defend the title ro said pren~:is~s nnairt the
<br />iaw.fu) clairs=. of ai! persons whomsoever.
<br />jf-i!~ f)l:TI .. ~E ij vi cr_~~1 T~ ~~, URt. i.. .ve %ayr'ie ~~ -! ~ ... _ -,.~..-., di? n: _
<br />--. :nc AS.,~~.: ai 10~. Daarl'. ....: da*~: r:;... ..-, In :. `,ri :. ~;~ai .~., ~` ..; .,.;-
<br />.. _l. ote, ~rir; in:~l un.; inTeresT, _. p3y~?Llr in ;:i*hi', :. stet lei^nt° ~.... ..^ tp i'~
<br />_.. .,iih a final maturity, .:mess aoor:er -. or. ,:.c ISt -~ ~'"o_'Ch
<br />1r9yy. ;r,v holyder nerec}t sh?li have the sptlon~T,. t._ ~I r't-! it~E_ tr_iturity _: The .ote
<br />;r r:ni..ir this rr~artgaae iu ~;ivan as se:.urity, at .;ny time after .:,- IOth oar;
<br />-._~ .~21er ~ i rSt -:~- Jr nr; the under5 ~ G E:J ~~r the then ~rrner - : ti~i, F,rc.-t' E~~ u6`.,:. 4?d n2 ei n -
<br />~ ,
<br />_. : : ~,. :~.. I Ce to rei9 ftti~ :'i~i= ~ n au~ c.nC2 Jf i t5 Intent tom. ~ _ ,~, ... F,rep.~'," .. - 7 .,~ :
<br />=i rca^e o}' irt:e ~,' the axeraiu- of this optior~ =_hal i be. ..ithout pre-;h.a;nient
<br />rr L? Arty add i ? ~ or., l advances made by the ~s5:'^~ i a r i on to ~~1er'.:;aaor, ar ::~ rtE.tagor' S
<br />.___,~_,. i.. title, fc: 3'r^,^ purpose, a~± the optiorl o~ tnE, Ass~r _aion ~>r .:r.y Time eafore
<br />:,:~ rt^,~ ,<: end .a.a~;latic:' ,r "':^~ "~rtga,r;e, but at a~; -.'^e ~ha!I th ~r secure
<br />.,:.,r~~a•.~ ate;.^_:unt of aaic. orl,,rr.a! rata and Such ..d:Jit~ti•rai ..,,ti:~-~-es i~r a ...rr it excess
<br />THREE HUPJDP,ED THGUSAND ANC NC; 100------------------_-°•----_-. '. ," .,' .'v i ~::; that no th i nq
<br />v ~l ~~°a,atned _:na1l t~~ ._,~~n~ ~ered i,r"in,~ t;u ^~=u,,,.,r r _: ,•;~tl ;a~ s _. red h©rE:b;,
<br />, :~ ~..,: an :;ed _ prG tv^:..t ...c ,~.. ~,^-i t} - ...... ... :!~.. ~.. :J. _. .~ „~.IS .. to i'iPr .. this
<br />.ic,r' t gaga.
<br />'roviueu, rte4ertacler~. ,t.. pr< ,t^lT,. .:rE; u. , :_.. ,..i.,,r,,,. t`;t whereas,
<br />wri .r t~ said
<br />,,ie: s:~id C.',,:rtgaaor is a rnE :oar ~; _:.n -,_,..~.:, ::;r, .._: -- ~ _ ...
<br />,>,UCIUtIOn to repay sue' ~^( r;x7n<'i, v.:±. :.: _rt-_' ._. . .~ _ .: s~i•^,
<br />::Ote, and any t7rld .:! { ~ d I : : %nal _3 r.\, .:E?5 W f th I _ _ , ~ . .- ,. - S. : ~~. ~~')' i f'e
<br />.....^^.~. 1-i.~t,si:i anii ~y-La-:_ v. ~i.~ H::~ _ ,st r, , ..,_ -.- - -_ >.- _, ., _ !_.
<br />~iparU CT Ul ri~:C70r`-i; :Jnd .3 i;r VE'.J c3+i^ C7V ['I t: rrliy d~7r~C.
<br />{ . To pay the indebtedness hereL'y ~ .cured ~_ 3. u ~.: ~.. ': i.a-~~F: w i ~h the
<br />'li>rms of the aforesaid Promissory Note and ary ~-:.tr~r .-. _- _ u-. ^._ f:~r adairi;,r:al
<br />:advances as provided herein and of this hbr`gaca :3r., .~ her ~=:r _t- .: •3* me s:,!e option
<br />,- P•iortgagae the time of payment of the indebtedne__. ~r rt __: _ a', -r ~;• ~,-~rtion there-
<br />_~f , rlay be extended or renewed , and any portion of tr,e ;• r cm i ses .art? i C aes~r i ;.ed riay ,
<br />,iitnoct notice, be rei-eased from the Tien ilereot withou' releasi+;<; or .:ffecti .r; the persona;
<br />i i aG i I i ty ~, f the PAorfigagor here?,i n for the payment of s..3 i a i ndebt r dne.a., t:yen rem., i n i nr~
<br />unpaid, and not charge in the;-ownership of said premises snai i re!e~s~~, ~'.'duC!- c,r Pthervis:a
<br />aff•.~,ct any such persona; liability or the lien hereby created.
<br />d. Undars i gneci reserves the right i'o prepay i-his note i n wr'~: -~ •,r ; r: ~ art ;;
<br />i!;stallnvent payment date prior to 5 years from the date Hereof by the ;.=?yrrr3r.' .t, i
<br />.__rued .nteres;t tc? the date of such prepayment together with a prf,!-:-,yment fee e ua~ :
<br />antvun; to IPSO days interest on the amour,~f so prepaid; and I- pr~,aid :,3r _ ~..' -
<br />.nai I i:e no prepayment' fee. The prepayment fee so char etui shall rl~t ?;:<:_eeJ ._. .......m~•--
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