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<br />~''~'~~ <br />~;£,AI~~ ESTAI"E ~~Ct't`ICGAG'~'. <br />-, <br />_~ <br />' Z'HIS PSC?RTGAGE, made and entered into this first day <br />`~ of July, 1979, by and between REGION III FACILITIES C(7RFOF}i- <br />TIGN a Nebraska not for profit corpora*_ion (the "Mortgagor") <br />and Commercial Piational Bank & Trust Company, Cran~i Island, <br />~ Nebraska, as Trustee under that Bond Resolution of Hospital <br />' Authority No. 1 of Hall County, Pebraska, adopted July 24, <br />- 1479 {the "hortgagee"); <br />- WITNESSETH: <br />WHEREAS, Hospital Authority PIo. 1 of. Hall County, <br />a _: <br />Nebraska {the "Authority"), has agreed to issue $30,000 of its <br />Medical Facility Revenue Bonds, Region III Facilities Corpo- <br />ration Issue, Series 1979, dated July 1, 1979 (the "Bonds"}, <br />z <br />~, in order to provide funds to construct a medical facility to <br />be leased to Mortgagor. <br />t <br />s WHEREAS, Mortgagee is Trustee under said Bend nesolu- <br />v <br />t tion of Authority authorizing the issuance of the Ponds (the <br />"Resolution") and under the Fesolution is authorized to' receive <br />~._ _ <br />additional security for and on behalf of the holders of the Bonds. <br />WHEREAS, Mortgagor has entered in*_o a Guaranty Agree- <br />ment between A'.ortgagor and t•+ortgagee guaranteeing the payment <br />csf the Bonds, both principal and interest as the same fall d+;e <br />which is dated as of July 1, 1979 (the "Guaranty"). <br />t7HEREAS, the Guaranty provides that the obligations <br />of Mortgagor thereunder be secured by the mortgaging of certain <br />real estate owned by Mortgagor. <br />N4W, THEREFORE, for and in consideration of the issuance <br />of the Bonds by the Authority and the purchase and acceptance of <br />the Bonds by the holders thereof and for other good and valuable <br />consideration, receipt of which is hereby acknowledged, in order <br />to secure the faithful performance of all obligations of t"_ortgagor <br />under the Guaranty, 2ortgagor does hereby grant, bargain. sell, <br />convey, mortgage and pledge unto tortgagee, as Trustee for the <br />holders of the Bonds under the Resolution and to its successors <br />and assigns €orever the following described real estate situated <br />in ball County, Nebraska, to wit: <br />