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<br />58-A-REAA_ ESTATE M8t?TGAGE {Corp.)-with Tax Cia.rn {Revised t962) 13~c 1i~ Gmad ~vsa7 ~,., ~, ~-
<br />KNOW AT.L MEN BY THESE PRESENTS: That Mid-Continent Enterprises, Inc.
<br />a rnzporation organized sail ezisting under and by virtue of the Lava of the State of Nebraska in
<br />consideratioaofthesumof Fifty Thousand and no/100 -----------------------------DOLLAR3
<br />in hand paid, does hereby sELL and CONVEY unto-. Commercial National Bank & Trust Co.
<br />of Hail County, states{ - Nebraska thefoIlowingdeacribedpremiseaaitnatcd
<br />in Hall County, and state of Nebraska , to-wit; Lot E ighteer
<br />I8) and the Northerly Fite feet (5') of Lot Nineteen (I9}, in Block One (1) Continental
<br />Gardens, an addition to the City of Grand Island, Hall County, Nebraska.
<br />in the event the title to said real estate is transferred, or contracted to be transferred,
<br />from the undersigned for any reason or by any method whatsoever, the entire principal
<br />sum and accrued interest shall at once become due and payable at the election of the
<br />holder hereof. Failure to exercise this option because of transfer of title as above
<br />stated in one instance shall not oorstitute a waiver of the right to exercise the same in
<br />-the event of any subsequent transfer.
<br />The intention being to convey hereby an absolute title in fee simple.
<br />- TO HAVE AND TO HOLD the premises above described, with all the appurtenances thereunto belonging unto the anal
<br />Commercial National Bank & Trust Co.
<br />and to itg heirs and assigns forever, provided always, and these presents are upon the ezpress condition that if the
<br />~d Mid-Continent Enterprises, Inc.
<br />or assigns shalt pay or cause to be pa;d to the aaia Commercial National Bank & Trust Co.
<br />- heirs, executors, administrators or assigns, the sum o£ Fifty Thousand and no/100 --------Doltars,payablef~L
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<br />with interest thereon7g>Cx7FXX7fXY9275lX768~fID1K Payable 1~ according to the tenor a~ etfsct
<br />of the promissory Hate or notes of Mid-Continent Enter-
<br />prises, Inc. as such note or notes may be modified or extended in writing from time to
<br />~I6iG~Xd6YaX and shall pay all fazes and assessments levied upon said real estate and all other taxes.
<br />levies and assessments levied upon this mortgage or the note which flue mortgage is given to secure, before the same becomes
<br />delinquent, and keep Uxe hr~i'dings oa said premises insured for the sum of $ 5{l, OQa, ,loss, it any, payable to the
<br />said mortgagee, then these presents io be void, otherwise ~ be and remain in full force.
<br />1T I$ FURTHER AGREED, (Il That if the said mortgagor shall Fai! tc pay such taxes or procure such i,ffiuraar~s, the
<br />said mortgagee may Pay such fazes and procure such insurance; and the sum so advanced, with interes*_ at 12, (? par
<br />cent shall be repaid by said mortgagor, and this mortgage shall stand as security for same. (2) That a failure to pay any of
<br />said money, either principal or interest when the same become due, or a failure to comply with any o[ the foregoing agree-
<br />ments, shall cause the whole sum of money herein secured to become due and cellectible at once at the option of the mortgagee.
<br />IN WITNESS WHEREOF, the said
<br />has hereunto ,ta corpora seal to be aff,xed and these presents to be signed by its Secretary
<br />this 2nd of M y , I9 79 .
<br />lpod~elive in presence of
<br />Mid-Continent Enterprises, Inc.
<br />STATE OF._.........- -_Nebraska .................._.,......., county ot..........Hall...................- - - ..................._-.:
<br />Before me, a notary public quatified in said county, personally came Ronald R. Vonderohe, Secretary
<br />Bit~Yof
<br />-Mid-Continent Enterprises, Inc. , a corporation
<br />knovrtr#a me to be the president; soil identieai person who signed the foregoing ins{rument, and acknowledged the e><ecution
<br />thateof b be his Volun- set rtad deed s„ch offi~~f~r~untary act and deed nt said corpa~tion and that it$ cor.
<br />-: potate seat was thereto~atl'ezed 6y its rity. G~ ~~T~x t~
<br />Witness my hand and notatiai a .~..MBt ~..flttb-'3511ti.....t~: .................. ~ ................• ........~.
<br />__ - - 19 2
<br />hiy comrniasioa e:pires....4 :. 9.~j~pf ~, iFdi"~'°.s..,~t,L~e~ ...:. ........................-..-- tart Public.
<br />.. " _ ........_.......No
<br />ST/4TE OF....,_-_.._._..__..-__.-...:..:_ .....::...................-- Entered on numerical index and filed for record
<br />L'arhty .........................._........._....•-.--_-......:........_.:..... in the Register of Deeds Office of said County the
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<br />:...:.._..:.:......_..dap. o£.._...:-.......------..._ .............„.-. I9:.::.:_.~-, at...:...-..._.......:_....._..o'elock and_.........-----.....---°--...minutea ....-.................M.,
<br />and recatded is Bdolr:........_.....:....:_......._....:....of:::....:...:..._-'-....----°°------at pane._..----°-•-----.....°---.....-- - --
<br />of Deeds
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