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<br />Thialndsztture,Maaebyandbetween ._ FREIGHT SALES CO., a Nebraska Corporation
<br />. _ _ . _ _ ._. _. whether one or more hereinafter referred to as mortgagor
<br />ana THE OVERLAND NATIONAL BANK OF GRAND ISLAND, Grand Island, Nebraska, hereinafter referred
<br />to as Bank
<br />'I'heMortgagorforandinoonaiderahonof($. 26,.~50.4Q.1 _ . ...._... ._._.. .~
<br />TWENTY SIX THOUSAND TWO._NUNDRED FIFTY APED NO/100---------------------ppi:~,pR•g,pazdb9dieban~:
<br />the receipt whereof is hereby acknowledged, bees granted. .,ar>;~ined. sold and conveyed, and by the presoxHa do;ee„ -
<br />bargain, soil and mnveY, tmm said bank, the following described real nn>perty shunted m the Counh' of _ Na 11 ` -'
<br />na State of Aiebraska, krwdt
<br />Northerly Sixty Six (6b) Feet of Lot Five (5) and the Northerly Sixty Six (66) feet
<br />of the Westerly Forty Four (44) Feet of Lot Six (6) in Block Fifty Four (54), in
<br />the Original Town, now City, of Grand Island, Nebraska, being a rectangular tract
<br />of ground having a westerly frontage of Sixty Six (66) Feet on Pine Streei, in said
<br />City, and a depth of One Hundred Ten (110) Feet, and bounded on the North by the
<br />alley in said block.
<br />together with all the ti~tt mints, hrrecitame.^.ts arc appurtena^.eec to ih? same belenring, and ail the estate, title, claims and
<br />demaads whatscecer oS the mortgagor of.n r said premises o. } par;, tl:erz^o=: and ssid mart ga~or does hereby coc-
<br />znani, that the most gsgor is lawfully seized 1~f sa"! prentices, that sad premises see free from encumbrance and mortgagor
<br />will warrant and defend the titic~ to ssi:.l premiers. sfiainst the tiaf ms snd demands of all persons w$omsoecrr.
<br />PRt'IVIDEP ALn 3FS, srd these a. eser.*.s see upon these condit.ians:
<br />v" WHEREAS, the mortgagor has executed and de;ivered to the Rsnk _d C2ptd1 n _ __ ._ prsmissorS note
<br />dated June 29, 1979, fee 526,250.00 at 12.0 interest, with 36 payments of $871.90 each
<br />due and payable on the 1st day of each month commencing August 1, 1979 with a final
<br />payment equal to the entire unpaid principal balance and accrued interest due o;l
<br />3uls 3, 1982.
<br />and has agrezd ;.o maintain :; z, windst.:rm sr.~i extnCec •. ~c- -fir ir.s:;ra.^..? ra s. u' prrn:ises in amovr.2. required and sty
<br />eompani~zs apps:>red be tho ha^.s an.. ticl:it >• <._. ~. ...: -~ ..~.aes w-hirt t,_:itries ~shai'. i>r de'icered to the bank, and has
<br />agreed to par ail taxis a d assessment levie~3 a fis;ns ~ said peer-:=es t~zi::rr :.'.e saRlr bercmr deiinqu>n! and tc maintain said
<br />pzemises.
<br />\Otr, Lerefore, if the moYgsfi':r s.,... cotnn!v n-.r. al: -': the pronsia;a ~;` said note and the precisions hereof. then
<br />these presents seal be aui and veld.
<br />$omer r, S the save n.±e srd ;ntrresL ?'rare;-r. r- ^~ rr~ymen*s raped Ser therenR are not paid when due or if any
<br />of the corenanU o£ this inst^~mz:: are -ot rontp;~ •d ,~-tt ~e [.alin, or the braider hereoS, a: its opt;en may dxlare the re-
<br />maining I-relance of >aid indecredness d ar.d pa}-~ i,~ a mar tnsintain an ac-tiara at ':aa ur in equity tc recover all amounts
<br />due and erSarce thz ramie ions horror. L, ;_ e... :,. ._':L Sail err of m; rtgagt,r s main air. the premises, er to maintain
<br />insnrsnre as above rmridrd `art cr to rase tax-. <. c.,ssm e~^.•;. ?tr i:olce•.r hereof may ad}-arce t_^.e sum or stuns neczssary
<br />to AttY&in rcmplianee snd snclt amen.^.ts >bai: ~Y add>:i mot. ;..= smount dtte en ir^ sa~n-e mrrteonrd note and bear interest at
<br />the higher°- legal ratz.
<br />IT IS FLIRT??EI•' AGR.£EP, this .^. rt_sz-e ~ ~, .. :i.-e :^. e.^r~.::.:^ t^is mort¢afie is security £ar sot only
<br />Llle amount adranced rcmcurrent;} ..._ .-r. _..:nom ~_. ,<.. ._,.. '. any, _~ _..... Wray r ma~'r ai the option of the
<br />pa"!:ca „r their assigns .:p t, t*-r t.. ~: a^.:,`ice - -~ r" •: ,?:~ ~ .,. r~.r-: a: s3•: sr t•. ~riginaliy msde berz-
<br />untkr. F`::'iher noire i= herebc ghee t:^.3t :i:~ ;ever ~:S zai. }s: r:_afi- \~. .t,• :^ .:•~:nR :r.e etrrt rase, paymzrt, maturity,
<br />penalties, and other terms sLal: ....,rurra,:i} --_. ~-.-: at:ur '...-., ,:, tar: .. _.......: fisgr.
<br />IT Z FL'RTI-IEF. Ai~REEP .ss ue a 1...s4 - -.. ?ts :r,: ~ :.;*an Lhis marLgage or the debt
<br />aerured tberrbv, *r,geihrr w sty} r tar: ,- a=sz ... -_ -t .... laws ,^# ebraska. agatnst the
<br />:aid Mortgs,;e .the ;e^a. ..~..ier .,. .='.d .-. .._ -. ~. - . -....t.r._„
<br />IT 35 Ft k T HER ~%in£EL, "f e- - -. -- `--. ~=i:~ - - • t a - rott =, r Rho: F ti.ls mortgage is
<br />given as stix-untr, rr a^.}- na-: t , _ r - - - -"_ _ - .~ :.•r.•rar: to sell tied real
<br />?~tste i;e-v:^ :lesrritx d..r srti 1 .. •h.: rr' ' .,. i ~ .. ._,i. .._ .- .. ~ t:r '_ .uiu real estate nr any
<br />pa^ L^..Y3~e0{. LS1Yn and L~ ait.s -- ... 1 .. a_ ._. ~ .. .. ..-.. :...._ .'•.'r=. '~alanCt• and 1RLEreat,
<br />of the .^.ate =res..ed ^rrr c .xn.:_-s .. __. l...s ~:- -, ... ,. .. .. ..,.. ~;w, er skou':d hereafter. not
<br />tr ~i.-tup,zd h} s~ortf^ag:•~ tr rn ;`.:. ~ r..:? -. > _. .-. .. .. ...~ .. .f a r~pr •}:rreoi upon the
<br />crrnpart shall t>r s_`. f..:.:.,. . - .-. .._ _.. ~ -_ .,...- .-u-` ,. -~-: -ten ire [o made to
<br />morLgagzz.
<br />Signe3 this - 29th ass ;. --:QR2 __ ' -
<br />FREIG`r' SALES CO.
<br />-yes ....
<br />ir_. p , _-....- - - ..
<br />- --,~:',- ~Ye5id2nt
<br />try ~ - -----_ - - _ _____
<br />., -.. ...
<br />$~ore m=. a :.:,.art -.. .. _~ -. _ _.. _r - _ -- .__
<br />tnc,x-n err . .. ..5. n. - - - - _ - .. ... _ _. _ ... r.- A .... ,xe«tt `.. _ner-_
<br />of 2L•112'IS'S. nor CT L+.2;!5:.: ".:...-_ --. z..~ :e<:
<br />l4 rtneaS my nand and ::,tEF ~c: =r3~ :.
<br />~+T tJmmISSiJn 2Zp:dt~" ._ S•.•tafy ~ Uti:l._.
<br />STATE 13F .--. - E-:..._ .. ,. _...-rtes! :naex s..., ii!~J r>r r2rurd
<br />County .. _ - 4' .. a-~ Rri•~ -., .. 11er.._ Off!cr ,,..._.d Ccar.iy Lh
<br />- - _. daS o£ -. ~. - .. ... ..-... ......rtes. tiS.,
<br />and recorded in B::o'c _ ,c ;• _
<br />Req. a£ Deeds
<br />$~ Deputy
<br />
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