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58-A-REAL ESTATE MORTGAGE (Corp.)-With Tax Clause (Revised '19@2) The Hartman Gennnt sarn,ly Home, Linwln, Nebr.
<br />KNOW ALL MEN BY THESE PRESENTS: That Regency Construction, Inc.
<br />a corporation organized and exis?ing under and by virtue of the laws of the State of Nebraska in
<br />rnnsiderationofthesumof Fifteen Thousand anc~~nEf/100 ----------------------------DO[,I,Agg s
<br />in hand paid, does hereby SELL and CONVEY unto Comrr>,ercial National Bank & Trust Co. -_
<br />of Hall County. State of Nebrask~ia the following described premises situated
<br />it Hal! connty, ana stare of Nebraska , to-wit: The Easter~y
<br />one-•half (EZ} of Lot Two (2} in Block Seventy {70} in the original town, now City of Grartd
<br />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 erhatsoever, 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 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 />TO HAVE AND TO HOLD the premises above described, with all the appurtenances thereunto belonging unto the said
<br />Commercial National Bank & Trust Co., Grand Island, Nebraska
<br />and W 1tS heirs and assigns forever, provided always, and these presents are upon the express condition that if the _
<br />;said Regency Construction, Inc.
<br />or assigns shall pay or cause to be paid to the said Commercial National Bank & Trust Co. , Grand Islar{d;
<br />Nebraska
<br />heirs, executors, adminitrators or assigns the sum of Fifteen Thousand and not 100 -------Hollers, payable ae '..
<br />follows. to-wit:
<br />~g~Crts,saaxxxxxxx~f]61~.XXxxsxxxxxxx_,xsaorx
<br />csac~xXxxxxxx,~t~xxxxxxxxxxxxyrnrx
<br />arac~,ttXXXXXXX~t~x~XXXXxxXx~cX~tx s
<br />3 H~Y7f$3HGXXXXXXXXrNdj?b)sXXX]CXXXXXXX.XfL}fpL
<br />F11'liBi~Id6K~ICXXx: x xx_ ~vx xerXXXXXXXRXXXX]i~
<br />with interest therr}ee~~~P t~tXXxXX7i17EKY@OZ.Q. Payable 351ltitiiFI~ according #a the tenor and effect
<br />f ofIIEGX a /CPr- ~~omissory note or ~1Gxffi1~YAEtK Hates of said Regency Constrtlc-
<br />tion ~j"~'c.rda~d ~~~9~79 o€~asuch note or notes may be from time to time modified, ~e~
<br />bena~ et' Odate X r't~iese preaeatrs 1 1 all pay all fazes and assessments levied upon said real estate and all other taxes, ;;
<br />'s levies and A=~~nts tetzed upon this mortgage or the note which this mortgage is given to secure, before the same becomes
<br />f delinquent, atul keep the buildings on said premises insured for the sum of 3 15, 000. 00 ,loss- if any, payable to the ~ -
<br />__-' mortgagee, thc-n thc~e Aresents to be void, otherwise to be and remain in fuIl force.
<br />IT IS FCTRTHER AGREED. (T) That if the said mortgagor shall fail to pay such fazes or procure such insurance, the
<br />said mortgagee may pay such fazes and procum such insurance; and the sum so advanced, with interest at 12.50 per ~ -
<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, oe a failure to rnmply with any of the foregoing agree- '
<br />f menu, shalt cause the whole sum of money herein secured to become due and mllecti6le at once at the option of the mortgagee. ~ -
<br />IN WI'T'NESS WHEREOF, the said Regency Construction, Inc.
<br />has hereunto caused its wrporate seal to be affixes and these presents to be signed by its President
<br />this 29th day of l~Iay , Is 79 .
<br />~; Sigt} sealed delivere~'~n of ' -
<br />- --- -- j
<br />. ~ ~_~..._..._ __- - -- .. _ _ _ ___ . .R.e - cy..Gor~ trot-s4.n,._.~.nc, - - - ... - ------------- .
<br />- - .-~~v~Z.... - -- -- - ---- ;.
<br />(STATE OF.-----------------_...__Nebraska ,County af.. Ha1i
<br />j Before nte, a notary pnbtic qualified in said county, personalty came Roger Luft, President
<br />Regency Construction, Inc.
<br />known to meta he the president and ul
<br />tLereof to be his voluntary act sad
<br />Tibrate anal xas thereto a[fixed by
<br />Witoen my Land amt
<br />Ddy rpmmiiaion aiP .
<br />MATE OF__.....~:...._
<br />County .._.-----.-...-..._
<br />President of
<br />a corporation
<br />who signed the foregoing instrument, and acknowledged the ezenrtion
<br />~~ voluntary sot and deed of said corporation and that its tor- i
<br />19.~ f.
<br />.Notary ]?ublic.
<br />Entered on numerical indez and filed for record
<br />~ in the Register of Deeds Office of said County the
<br />_.._.._-..-----°-~ ~------°---`--._.--------•-----...._....-. 18-°-------+ at.....-- ...-..._...._.....ododc and -----....--......_...minutes......._..-..--_..-M.,
<br />sad retarded in Book...____..__.....-_-.-.._........of.-..._------------------_.._.---_. at page_.--------............-....__.-....__..
<br />............................................:.........--.--._...__._..........Iteg. of Deeds
<br />......................... Dena tv
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