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79- d~i85~I`
<br />The undersigned , _ :.__ _<_,,.,.-._ c:wner, ~. ^,or^:ag~'c of t%:e fc' lcsia;a
<br />tiesCrlbE'• real eE~La tt_•_
<br />Lots Five t=. six (r __ve:: (_j _.;d - _ ._ (9} of Alock
<br />Fifty-thr~_ (~3}, ~,,^.d t?:f ,e s` .nir`q--six. .feet of L+~t ~ivc
<br />(5J o` Block Fifty-two (~2) '7ri;{final `rn...T., -:a•a C',tf of
<br />Gran3 Zslar,cl, a*,d vacated {i?^,all Street adiaeer:t, all _..
<br />Hail County, *:ebraska; and
<br />` A rectangular tract of land located in the North ??a1f {N~Si
<br />of Black Fifty-three {53i, Original To•~n, now City of
<br />Grand Island, Nebraska, a:~d more particularly described as
<br />follows: Beginning at a point on the north line of the
<br />alley right-of-way of Block Fifty-three (5',} and seven (7)
<br />feet westerly of the west line of vacated Kimball Street;
<br />thence running nartherly eighty-five ($5} feet on a line
<br />seven {7}, feet fran and parallel to the westerly Iine of
<br />vacated Kimbell Street; thence westerly one hundred one
<br />(101} feet art a line parallel to and one h,.ndred one (101}
<br />feet from the northerly alley line; thence southerly a distance
<br />of eighty-five (85) feet on a line one hundred eight {10$) feet
<br />from and parallel to the westerly line of vacated Kimball Street;
<br />thence easterly a distance of one hundred one (101} feet along
<br />the northerly alley line to the point of beginning.
<br />The undersigned has been advised that Commercial National Bank and
<br />Trust Company of i3rand Island, Nebraska, (Bank}, has or is about to lead
<br />- - certain stuns *_a 'I'l1E YMCA P.NR YWCA NEW BUILDING COkS~ORATZON: Y"t)'JNG -M~#-'-5
<br />- ~'HRISTIAN ASSCX_'IATION :,F GRAPID ISS.AND, NEBRASKA: YOUNG WOMEN'S CFIRISTIAN
<br />- -,~1 Pi:~:~'~ru„-~?R IS;..e,NC-, Nr-BRASKA, which will to secure3 in pzrt lay
<br />a security interest in the following goods, eauilxnent and f;xrares (road_s}.;
<br />,.~s~shold ir;,provements c?escriyed as ioliows: steel framed
<br />construction with masonary wa12s. The dimensions being 120 feet
<br />a'i.ie lay 350 feet long located on property described on attached
<br />exhibit "A". Fssignment of all current and future pledges of
<br />mor:ey or in-kind services to the XMCA and YWCA New Building
<br />corporation. Accounts Receivable, Furniture, Fixtures, Equipment,
<br />- and Znventory cf the YMCA and YWCA New Building Corporation, The
<br />Grand Zsland YMCA Haldinq Corporation, Young Men's Christian
<br />Association of Grand Island, A;ebraska, and Yount' Women's Christian
<br />_ Association of Grand Island, and
<br />An assignment of a lease, dated May is*_, _~7E, between the City of
<br />Grand Island, a municipal corporation, fir. Nall County, Nebraska, and
<br />the Yount' Men's Christian Association, The Young Women`s Christian
<br />- --- - - Association, and The-YMCA and YWCA New Auilding Corporation.
<br />TFiEP,EFitRE, for taluable consideratian, the rere and sufficiency cf which
<br />is hereby acknowledged, the ?;ndersigned hereby:
<br />- 1. Disclaims any interest in the Goods which may be prior in interest
<br />to the Bank, under said security interest or otherwise; waives all right to
<br />claim that such Goods and ail replacements and additions thereto which are
<br />or at any time '.:.ill become fixtures notwithstanding their attachrsent to the
<br />property; waives a?.1 rigY,ts under Nebraska-law to levy upon the Goods; waives
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