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<br />~~~ ~~ ~EI3Y "fHI'h~F I'IIE"sI;3'w'6"S: ~;~7,ms r"l,r~f1 L9f. .
<br />~ fCNt:1~NU' A'LL M '~ _ ~ws'Ir~i~r•ru4,wnE C.csrngz_ang~, Inc...
<br />s cazparatian organized and exiting under and by virtue of the laws ai Lhe Stale of Nebraska 1 GQ in
<br />rnnsideration of the som of Thirty Seven Thousand Three Hundred Seventy Eight & 4G/ DOLLARS
<br />in hand paid, does hereby SELL and CONVEY unto Commercial National Bank & Trust Co.
<br />of Halt County. State of Nebraska the following describedpremiseasituated
<br />in Hall County, and States of Nebraska , to-wit: Lot Four ( 4 )
<br />Woife's Second Subdivision in the City of Grand Island, Nebraska Hali County.
<br />In the event the title to said real estate ~ r.ransferred, or contracted to be transferred
<br />from the undersigned for any reason or by any method whatsoever, the entire principal
<br />sum and accured 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 constitute 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 />i TO HAVE AND TO HOLD the premises above described, with all the appurtenances thereunto belonging unto the said .
<br />;Commercial National Bank & Trust Co. ~ `
<br />- ~ and to 1tS heirs and assigns forever, provided always, and these presents are upon the express condition Yhat if the j
<br />Baia Argo Development Company, Inc.
<br />- ` or assigns shalt pay or cause to be paid to the said Commercial National Bank & Trust Co. , Grand
<br />iIsland, Nebraska
<br />heirs, executors, administrators or assigns, the sum ofThlrty Seven Thousand Three Hllndretl~othtte, Payable29X i
<br />rFaAI~F>{xasi>aigx Seventy Eight and 40/1f?0 dollars
<br />i limt~>~Elcxxxxxxxxlxyc uflcxxxxxxxxxxxX~sx
<br />' i~lxfihisxxxxxxxxtfxxxxxxxx__xxxxxr!
<br />z?$aatP~ttfd[IblFxxxxxxxxti3~c]alixxxxxxxxxxxx,Xt&
<br />~aFl;DtlfdcffilFxxxxx ~cX}t~#t.~SKxxxxxxxxxXXX~LD9~t
<br />a;p~fratxxx]~exxxxxxxxteayxotxxxxxxxxxxxx~~xx
<br />with interest thereon i}tXxXXXX7~KXdGK}SilrXat~iGlt, payable ]tOSiul{lQX according to the tenor and e$ect
<br />of the promissory note ar Js~dEhxtYt~~CfiX>biffdhX76ffi~k>5lfdixL{>i~S notes of Argo Development Cam.-
<br />pony, Inc. as such note or notes may be modified or extended in writing from time to tillle,
<br />bearing even date with these presents and shall pay all taxes and assessments levied upon said real estate and all other fazes,
<br />-- ~ levies and assessments levied upon this mortgage or the note which this mortgage is given to secure, before the same bernmes
<br />delinquc=ni, and keep the buildings on slid premises insured for the sum of $ 37, 37$• 4G ,lags, if any, payable to the -
<br />- i said mortgagee, then these present< to be void, otherwise to be and remain in full force. --
<br />IT IS FL'•KTHER AGREED, (1) That if the said mortgagor ahal! fail to pay such fazes or pxx~ure such insurance, the
<br />said morigas-ee may pay .uch taxes and prek^ure such insurance; and the sum so a.:van~ d, with interest at 11 • G ~r -.
<br />cent shalt be repaid by said mortgagor, and this mortgage shall stand as securih #or same. (2j That a #ailur-o to pay any o€
<br />said money, either principal or interest when the same become due, of a failure to comply with any of the foregoing agree-
<br />- ~ ments, shall cause the whole sum of money herein secured to become due and collectible at once at the option of the mortgagee.
<br />IN WITNESS WHEKEOF, the saidArgo Development Company, Inc.
<br />i has hereunto caused its corporate seal to be affixed and these presents to be signed by its PreS ident
<br />Lhis 25th day of April is 79.
<br />Signed, sealed and delivered in presence of -
<br />~ Argo Development Company, Inc.
<br />i ... ... .... .... ... (lcrar (: 1\R~ Ilnr Prvc~tln ;~
<br />STATE OF----°-----.--_--_Nebraska..._ ................_.. County of____..---.Ha.ll..-----
<br />Befoee me, a notary public qualified in said county, personally came 06t:dr G. 1VIUeller
<br />President of
<br />Argo Development Company, Inc. ,acorporaaon
<br />known to meta be the president and i entical person who signed the foregoing instrument, and acknowledged the execution
<br />yi -thereof-to he hie voluntary act and d as suefi 88ffiAY~;y~e~voiuntary act and deed o[ said corporation and that its cor- :
<br />porate seal was theretn affixed by its thority~_ i~Ei;r~ ~~.l Ar
<br />Witness my-hand and g ~ on.... A~lie4.~q~..
<br />.,:.' ___• is-. 79_.
<br />Mr Carrwr~ s«..:..
<br />1Qy commission ezpires.. _. .. .... _ .. ~ - ___.-..
<br />~i-~~.`13.T..~...{.k:....., 19..x.32. 1961' :~. ~-:~-...::~:_~ ~r ~.<=r ~ - _Notary Public. i
<br />'STATE OF ............................................................._...... ~ Entered on numerical indez and filed for rernrd
<br />~.
<br />.".ounky ..........................................................._............., in the Register of Deeds Office of said County the
<br />.._ ...................day of..........-...__............................... 19....._.-.... at......._............_.-_.....o'clock and_................_.........minutes ....................-.M., ;
<br />and recorded in Book ..........................................of.................._....................at page._...-...............-...............-...... ~:-
<br />.................._.....-..........................._......-`--`--.....-----Reg. of Deeds
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