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<br />58-A-REAL ESTATE MORTGAGE (Corp.)-With Tax Clause (Revised 1962) TLc HuHmen Gerterat Supply Hansa, Lincoln, Nebc.
<br />i ~ s1, G 4 '
<br />KNOW ALL MEN BY THESE PRESENTS: That Argo T1eVe10FdRetlt C~TIpdTly, InC'.
<br />- i a corporation organized and existing under and by virtue of the laws of the State of Nebraska in j
<br />i consideration of the sum of Ztlirty Thou.Sand & NO/100 ($30,000.00)-------------------- DOLLARS i,
<br />I in hand paid, does hereby SELL and CONVEY unto
<br />CatcnerCial National Bank & Trust Cxcfg~any
<br />of Hall County, State of Nebraska the following described premises situated ~ -
<br />i in Hall Counh•, and State of Nebraska , to-wit:
<br />Lot Nine (9) in Argo Third Subdivision to the
<br />Village of Alda, F~11 County, Nebraska, being
<br />a part of t12e Southeast Quarter (SE;) of
<br />Section Five (5), lbwnship Ten (10) Fange Ten
<br />(10) Fvest of the 6th P.M., Hall County, Nebraska.
<br />In the event the title to said real estat` is transferred, or contracted to be transfe~-rad,
<br />from the undersigned for any reason or by any method whatsoever, the entire principal t
<br />start and accrued interest shall at once become due and payable at the election of the
<br />holder thereof. Failure to ex~._rcise this option because of transfer of title as above
<br />states2 in one instance shall Hat constitute a waiver of the right to exercise the same irl
<br />the event of any subsequent transfer.
<br />i
<br />', The intention heiag fo convey hereby an absotufe titre in fee simple.
<br />' TO HAVE AND TO HOLD the promises above described, with all the appurtenances thereunto belonging unto thr said
<br />Ct~m>es-cial National Bank & Trust Cxxtpany
<br />arnt w .1t5 heirs and assigns forever, provided always, and these presents are upon the express condition that if the !
<br />_e:~ Argo DeveloFatpnt many, ~.
<br />' or assigns shall pay or reuse to be paid To the said
<br />t~srr,err{-ia1 ;rational Bank & iFrust (kmpany
<br />~, heirs, ezecutnrs, administrators or avigns. the sum of `lY'.i.T'ty `I$OL1SdIld & NO/100 Dollars, payahleM
<br />kf
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<br />E ]i!@QC! Xl@DC r
<br />~dOmoo@cilfE ]dIR[26L XklGY
<br />~hmQO@Clbf }OtlgQO[ X19f
<br />with iftrrest thereon 70C 7~OtlgCattnrding to the terror and effect
<br />of the promissory Hate or notes of said Argo Develogmerst
<br />ZTIC. da 7 8 .or as stiff note ar corer may be fran time to time trotiifie3,
<br />pay all taxes and assessments levied upon said real estate and all akher taxes. '
<br />levies sn3 ,.~„+a*+ts Itw-ied upon this mortgage or the note which this cocci;-age is given to secure, briare the same becomes
<br />s delinquent, and kceP the buildings on said premises iasurcd far the sum of S 30, 000.00 .toss, if any, payable to the
<br />,said mortgagee, then these presents to ix void, otherw~ a to be and remain in hrll fame.
<br />- IT IS FL-RTHER AGREED. (l; That if thr said mortgagor shall fail to pay such taxes or procsrre such insurance, the
<br />said morrgagee may pay such fazes and pre eum such in~rran ce: and the sum so ~dvaneed, with interest at 12.0 Per '
<br />Genf shall 6e repaid by said mortgagor, and this martgage shall stand as security for same. (?) That a failum to pay any of
<br />saw money. either principal ar inter~i when the same Sxavme due, ar a fadute to rnmph- with any of the foregoing agree-
<br />,' meats, shall cease the whale sum of rosary herrrr sKUred to become due and ~aliecU-ble at acrcY at the option of the mortgagee. ~.
<br />IN V4TI-NESS A'HEREOf, the said Argo DeVel6~.ItPSit Cong3ny, InC.
<br />has hereunto caused its .vrporate sgal to be affixed and these presents in be signed Lry its President
<br />this 18ti1I da>;nf J.Ily % is 79 -
<br />_. Signed.. seakn acid deln~redjn p.Y o~j.
<br />---"--w~--.. ~~~-#s-1..--~~-. _ ~r9g_.Dc'~'elasinet?t._C~~~a??Y~ .ins,- -
<br />tx ar r ~.ssltArr preszt~itt
<br />STATE OF-.___.-_. -.__- ....-..-. -.. Cuunn• of mall.. -..--- '
<br />Be(ore me, a notary Public qualified is said rnanty. pezsrn aLy came
<br />QSC3r G. kMwl lac President of
<br />~p f~crPicatnn+ inc. , a corporation
<br />- i ime+vu m me M >x ffir_ ~irs~...n"'~a> ~frcaaFho srgned the foregaing irunrument and aclarawtedged the execution '
<br />to be`'~+'i~i and da+ed m assn officer a~ the voluntary act and deed of said corparation and that its oor- .
<br />actl to~~ty its aukhorikv
<br />trr~-,_~iqh tia~.afrflarrat card an..-- -- JcULy- 1$--.__ -...~..- ..._.-._.--.. ...-~. 19. -- ~9.. :.
<br />S :.~' :•~• 3Y42 -~ ~. 19 Q ~ . -._..Natary Pnblic.
<br />~ --.-.._ , c.. ~ ...
<br />-~ ;9TRTE OF_.___.._~,---____...----.__,.-'--~ Entered nn nutneritui index arui filed far record
<br />~~ (Caanty _..._.__~-_.____._..-.. _.._..._._....._.._.__..) az in the Register of Deeds Of$oe of said County the '.
<br />-' 1 _"..~-~_-day ~-_-'----------..__~ 19_._.._..-. aL--`-`-'°----_.....o'clot:k and.-------. _......_......miautea .---'°---°'---M'• ~~
<br />i sad recorded in $ook.-----•--------------of------ --._.--------.at page..__--------------------._.....
<br />i
<br />~ .Reg. of Deeds '
<br />By---- --__.__.---....._ .__,......._..........Denuty
<br />
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