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79005492
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1/13/2010 4:30:34 AM
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DEEDS
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79005492
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~~'-' ~~ti <br />date o£ the note. Principal and 3ntere,st are payable in 120 monthly installments <br />of $6,815.00, commencing September Y0, 1979, with final payment of principal and <br />interest due and payable on August 10, 1989, all according to the tenure and <br />effect of the one gromissory note of the mortgagor bearing even date with these <br />presents; shall pay all taxes and assessments levied upon such real estate, and <br />all other taxes, levies and assessments levied on this mortgage or upon Hate <br />which this mortgage is given to secure before the same becomes delinquent; shall <br />keep the buildings on said premises insured for the sum of at least $475,OOO.C0 <br />1638, if any, payable Co such mortgagee, its successors or assigns, the policies <br />for said insurance, and shall not permit ar commit any waste upon such real <br />property, then these presents to be void, otherwise tc be and remain in full <br />force and effect. <br />IT IS FURTHER AGREED: <br />(1) That if the said mortgagor shall fail to pay such taxes or procure such <br />insurance, the mortgagee, its successors or assigns, may pay such taxes <br />and procure such insurance and the sum so advanced with interest at <br />Eleven Per Cent (116) per annum, shall be paid by the said mortgagor <br />and this mortgage shall stand for security of the same. <br />(2) That failure to pay any of said money, either principal or interest, <br />when the same becomes due, ar a failure to comply with anp of the <br />foregoing agreements, shall cause the whole sum or sums of money <br />herein secured to become due and collectible at once at the option of <br />the mortgagee, its successors oz assigns. <br />(3) In case of a foreclosure of this mortgage under any of these provisions, <br />a receiver may be appointed to collect the rents, and prafita from the <br />mortgaged premises and proceeds of any such rents and profits sa <br />collected shall be applied on the debt secured hereby. <br />(4) The mortgagor to have the privilege of making prepayments on the <br />principal of the mortgage debt without premium as provided is such note. <br />Dated this 15 day of August, 1979. <br />WILSON TRAILER SALES OF NEBRASKA, INC. <br />y-~ s <br />B ~; ""''~'-""~"reaauier <br />STAT$ 4F Nebraska ) <br />~)SS: <br />COUNTY OF Hall ) <br />On this 15 day of August, 1979, before me the undersigned, a Notary Public, in <br />and for said County, personally ceme_ Dean SWanaOA, Secretary & Treasurer <br />of Wilson Trailer Sales of Nebraska, Inc., to me personally known to be Che <br />identical person whose name is affixed to the foregoing conveyance, and <br />acknowledged the execution thereof to be his voluntary act and deed ae such <br />officer and the voluntary act and deed of the said Wilson Trailer Sales of <br />Nebraska, inr,. <br />Witness my hand and seal at Grand Island ,;jtebraska, in said County, the day and <br />pasr last above written. ,~. ~^' <br />__- ' ~ -~ <br />.~ ~ =~ rte= ~€-ate <br />Notary Public <br />'~ ~. <br />
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