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lii V ~ 1 Uit1L7f~
<br />79-U t} 4 ~ 13 (Participation)
<br />This mortgage made and entered into this 25th day of June
<br />1979 , by and between Douglas Bookkeeping Service, Inc. , Grand Island, Nebraska
<br />(hereinafter referred to as mortgagor) and Five Paints Bank, Grand Zsland, Nebraska
<br />(hereinatter retrrrtd Yo as
<br />mortgagee), who maintains an office and place of business at 2015 North Broadwell, Grand Island,
<br />Nebraska
<br />WrrNES9ttrH, that for the consideration hereinatter stated, receipt of which is hereby ac&ttowledged, the
<br />mortgagor dote hereby mortgage, sell, grant, assign, and convey unto the mortgagee, his successors and assign0. all
<br />of the following described pzoperty situated and being in the County of Hall
<br />Stau of Nebraska
<br />The westerly-Twenty--Nine (29} feet of Lot Three {3},
<br />and all of Lot Four (4}, in Block One Hundred Eight
<br />(108}, in Railroad Addition to the City of Grand Island,
<br />Hall County, Nebraska
<br />Togrther with and including all buildings, all fi.ctnres inrlnding but not limited to all plumbing, heatigg, lighting,
<br />vratilaling, refrigerating, incinerating, air conditioning apparatus, and eicvators (the mortgabKnr hrre6}• declaring shat
<br />it is lnlended that the itrnts herein enumerated shall be deemed to have been permaaeatl}' installed ns past of the malty),
<br />and all impmvemenis qow or hereafter existing thereon; the hrmditaments and appurtenancrs and all other rights them-
<br />- until belonging, w in aaywise appertaining, and the reversion and revresions, remainder and mmaindrrs, all rights of
<br />redemption,-sad the rents, issoes, awd profits of the above described prot,:-rty (provided, hoxevc•r, that thr mortgabror
<br />shall be emitted to t»e possession of sa[d,ptopetty and to et:fleet aqd retain the mots, i5snrs, and profits until drfautt
<br />leerrnnder}. Tis eve sad to fiold the same unta the moigagee and the auccrswra iq :merest of the mortgagrr forever
<br />in fee simple or tech other esutte, if aay, as is stated herein.
<br />T'bPe 3ttorigagar cav~aamrte that he ie iawtully seized and possessed of and has thr. right to sell and convey said
<br />propertg; that the earns is free from all encumbrances except as hereinabove recited; and that he hereby binds
<br />kimaelF-sad iris euecebwra in interest to =,rarrant and defend the title aforesaid thereto and every part thereof against
<br />tfre.cbweaii af.a11 pgrwne wrhomsoeoer.
<br />--' T1aia instrument is given. LP seeare:ihe pa}'went of-a proetvsory notr :l.:tctl June 25, 1979 -
<br />Fitt the pritteapal eam of b 170, 000. QO • s;gned b./~ Dewayne T. Douglas
<br />is behalf of .: Douglas Bookkeeping. service; -inc.
<br />.Sn A' RgAat 92a (2.73) PR6 VIOUe EptT{ONS ARE OBSp IETE
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