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<br />~ 58-A-REAL ESTATE MORTGAGE (Corp.}-With Tax Clause (Revised 1962) 7'he HuHmnn General Supply Hwee, Lwmin, Netrc.
<br />KNOW ALL MEN BY THESE PRESENTS: That Octagon Investments, Inc.
<br />f a corporation organized and existing under and by virtue of the laws of the State of Nebraska in
<br />j consideration of the sum of Forty One Thousand and no/100 -------------------------DpLLARs
<br />~'~~ in hand paid, aces hereby SELL ana CONVEY onto Commercial National Bank & Trust Co.
<br />of Hall County. State of Nebraska the following described premises situated
<br />in Hatl County, ana state of Nebraska , to-wit: Lot One (11
<br />in Island Acres Number 3, being a Replat of Lot Fifteen (15? Island Acres, a subdivisit
<br />in the City of Grand Island, Hali 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 principa'
<br />sum and accrued interest shall at once become due and payable at the else±ion of the
<br />balder 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 />-site intension being so convey hereby an ensoiuie sills in lee simple. j
<br />TO HAVE AND TO HOLD the premises above described, with all the appurtettancea thereunto belonging unto the said ';
<br />Commercial National Bank & Trust Co.
<br />and to 1tS heirs and assigns forever, provi3ed always, and these presents are upon the ezpress condition that if the i
<br />said Octagon Investments, Inc.
<br />ora~.igns ahatl pay or cause to be polo to the solo Commere sal National Bank A Trust Co. , Grand Islafljd,
<br />Nebraska
<br />hairs, ezecutors, administrators or assigns, the sum of Forty One Thousand and n0/1 QO --- Dollars. payahte ss .``•
<br />follows. to-wit:
<br />J[iY11P XX}LXYY YdlaO)if XY XX.YXXXXXXXX~SL ~ -
<br />7~}OL7L~CXXXXxX3+:CXX%?fXX2IXXXX~t=9L
<br />C7LYItIf6CXXXXXXXd8yM7IXXXXXXXXXKXXX29L '{
<br />Ji]OY.72N9F XXXXxXXKXXXXXXXI~Y XXX aC3.41
<br />3d7~7[fC701[Xk9{XXXX]IXXCXXXXXXX.XXXxXX~LX
<br />with interest thereon.~YxxYx pavable JL~XO-Bllt, actrording to the senor and effect -
<br />af l~$ per#a inpntmissary note or notes of said Octagon Investments,
<br />Inc. dated~{5/25/79 o^rg'as such note or notes may be from time to time modified, renewed}
<br />Obein g~evennd~afe ic~thwfh' press ana shaIl I
<br />nis pay all tares and assessments levied upon said real estate and alt other tares.
<br />levies and assessments levied upon thts mortgage or the note which this mortgage is gives fa secure, before the same becomes
<br />delinquent. and keep the builaings on said premises insured for the sum of 3 41, QQQ. 00 ,toss, if any, payable to the
<br />said mortgagee, then these Presents to be void. otherwise to be and remain in full force.
<br />Tr i5 FL?R'f'llErt AGREED. {l? That if the said mcrtgagor shalt fair t:, pay suit taz~ ar prv.c~ttre such insurance, the
<br />said mortgagee may pey such fazes and procure such insu--rance; and the sum s'o advanced. with interest at I2. 50 per ~ -.
<br />cent shag be repaid by said mortgagor, and this mortgage shall stand as security for same. l~) That a failure to PaY any of
<br />said money, either principal or interest when the same become due, or a failure to t~ply with any of the foregoing agree- 1 -
<br />menta, altall cause the whole sum of morrey herein secured to became due and collectible at once at the option of the rnoztgagee. ~ .
<br />IAl WSTNESS WHEREOF. the Baia Octagon Investments, Inc.
<br />has hereunto caused its cotpo to seal to he a3tzed stud these }
<br />presents fo be signed by its President and Vice Pres.
<br />the 25th of M y , 1s 73
<br />SiBned.. ~ a~ deli ~ press of
<br />----- -- _..-~._ -.:-:`- -{L --- -__ _ - - - .... - Octags~ .inYes. ts,-.Ipc....-.....__......._._ _. _.__.
<br />By.~hl~1L~ J'~f1.~ lr1•~ t~° !/J~ ~~
<br />___._. --- - - .._.._ _- --- - --- ---- - . --- - - - __ 'an t'Y' .~c~.1Vf
<br />_ - --- ar~sn" ~s~ _ .-f'~enrnq >rG'zs~' P
<br />sra~s: cpF..----------Ne13~as~s~--~-- , Caunh af .............._..~IaI1 ..-..--.._..__._...... - ----
<br />Bdoae ata, s rotary public quatitied in said rxwnty, pexaortallq came Sharon Smith and Penny IvICConnell
<br />PiS8lt~ent a$d Vice President of
<br />tktagag Investments, Inc. . a corporation
<br />ltgosrt to me ~ be the president sad identical pertwn who signed the foregoing inainunent, and eclntawledged the ezetvtion
<br />~rraM ~ ~ his ~Stt~ ss Leh o$soer and the vaduatary act and deed of said corporation and that ita cor-
<br />porate etttii, was e~~.~mthority,
<br />Wrtttesa my hatui earl' oa..... _......._. _/..~~.~._ ~ .?.,5- ....., r~r'~--~'~l
<br />-: ' t~- T~ ~ ~w~aaggs p ~......
<br />MY ' ezPrzea _. llll+r~-~.._...._-, 19..11.. ..s.~-r~-~.~...a. ---_ .".i-NotarY Public.
<br />$TATL fYF~.~.....______~_~_...___._.T^ j Entered oa numerical indez and filed for rearrd
<br />C.ptety in the Register of Deeds Office of said County the
<br />_ ................._.._......_..._.-...._.._-- ------- ts.
<br />:~...._..__.day oL..._._ ...............___.--_-----~ 18------, at°_-----._...._.-~.._o'ciock and.---_......---......-........minutes .._..................M.,
<br />sad reoordad in Boolt.-----,......_--- .................°f---.__._....___..----.-.....--at paae--°-------°---_...._°.-°--..........
<br />° .....................--....__..-.....-.............-.......-..-_..._.-._Reg. of Deeds j
<br />i
<br />Hy ............................-._._.-......._............-_...........-...-......_.-...Deputy
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