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,., 5$'-A-REAIw E~T~TE Mt'JR~TGAG~ CCorp,)-GYSth Tax ^.lause (Revised t962P 'tan ffiu8~n~n Gealr.:n5 Supply Eiwan, Lincoln„ Nabr. ~ ~- <br />Ki+iO"vV ALL. MEN F3Y THESE PRESENTS: That P4id-CAntisent Ent~rpr].se5, Inc. <br />a corpozation organized and existing under and by virtue of the laws of thr_ State of Nebraska in <br />1 consideration of the sum of Fifty Thousand and No/100-------------- ($50, OOO.OO~OLLARS <br />( in hand paid, does hereby SELL and CONVEY unto - <br />1 Commercial National Bank & Tnlst Cof~any <br />!~ of Hall County, State of Nebraska the following described premises situated <br />! in Hall County, and State of Nebraska , to-wit: <br />7r~t ~7iii-ty~i'hree (33J , in Block Ore (1} <br />Continental Gardens, An Ptldition to the <br />City of Grarri Island, Hall County, Nebraska <br />In the event the title to said real estate is transferred, or contracted to be transferzec~, <br />frrm the undersigned for any reason or by any method whatsoever, the entire principal <br />sum and accrued interest shall at once becatte due and payable at the ele.^tion of the ;; <br />holder hereof. Failure to exercise this option because of transfer of title as above f -. <br />stated in one instance shall not constitute a waiver of the right to exercise the same <br />in the event of any subsequent transfer. <br />The intention being to convey hereby an absolute title in fee simple. <br />TO HAVE AND TO HOLD the premises above described, with all the appurtenances thereunto belongrng unto the said <br />Cateltt~scial National Bank & Tnist C7algaany <br />and to 2t..," heirs and assigns forever, provided always, and these presents are upon the express rnndition that if the <br />said Mid-Continent Enterprises, Inc. ! ~~ <br />or assigns shall pay or cause to be paid to the said Cctmles'cial National Bank & Trt>.st Canpany <br />he r~exeeutors, administrators or assigns, the sum of Fifty `I71Ollsc'iIK3 and NO/100--- -Dollars, payab1e79C? <br />i <br />with interest thereon yahle aDQ{aecording to the terror and effect <br />of 16d d Cert3if~romissory note Or of Mid-Continent T~tesprises, <br />as such ante or Rtes may be modified or extended in writing from time to time, <br />' - and shalt pay alt taxes and assessments levied upon said r:,al Mate sad all other taxes, j <br />tevias and aasea~menfs levied upon this mortgage or the note which this mortgage is given to secure, before the same becomes ~ <br />delinquert, and keep the buildings on acid premises insured for the sum of S $0,000.00 ,toes, if any, p$yabfe to tha i <br />saki mortgagee, then these presents to be void, Ctherwvue to he and remain in full force. <br />IT IS Fu'It3`HEf~. AGItEE1.13. {I) That if the said mortgagor shalt fail to pay such lases or procure such insurance, the s <br />__~_' mortgagaG may pay Hch taxes and grtxura such insurance, and ttte Burn ~ advanse~i, with intorest at -,1,Q per <br />cent shall be-repaid by said mortgagor, and this mortgage shat! stand as security fur same. {2) That-a fatli~r~t~.pay aay_oi-' <br />said money, either prurcipal or interest when the same become due or a failure to comply with any of the fSbgrea- <br />menu, shall cause the whale sum of money herein secured to 6eceroe due and collectible at once at the optiaa`af fbe mtirkg <br />?~,, <br />IN WITNESS WHEREOF, the said tyid-QpntlnPllt E,~1teLpr1S25, IT1C. `'~f-}',- ~ ~~ _~ <br />has hereunto caused it_v cot wr seal to be ed and these { ': ~~ <br />i Presents to be signed by ifs SE"Gretab'y <br />taus 15th / of 3 . 1s 79 ~ "` <br />Signed, ae deli red i rase f ; ~ ~~ i '~ <br />,• <br />' ate <br />Mild aril Ent 1 S i~ <br />r ~ • ~` <br />~. <br />~~ <br />~; <br />_-.._.......... By .....~. ; <br />! r' <br />VOIIdeI'OtL@r tAl'y ~ F <br />:i. }i~ }p(t of <br />Gy . I~.. - Mid-Continennt Shterprisas, Inc• , a cerporatrwi <br />~l S`known to me to be the president and identical taco who signed the foregoing instrument, atxl acknowledged ttre ea~rtron <br />~ theceot` fig be hie voi sad se aucli a~cer and the- voluntary act and deed of -said corparatiun and t]utt its rnr <br />tt notate se was-~h ,~~RdAL _ ~~~utth°nty' <br />..:~. . <br />W ; my b~k-a~ tkgeel on......_.~I ~~ ........_............ ........_...........--~is. 79...... ~ i <br />. ,F _ ~~ Ear ... t r ~ .. <br />.~ -~. f ............. a„?.~",,,,~ -., tart ;t <br />z! ' 113y xt-t~it- ip.-~~ ............... 1.1.. ...a'~ac.:c„.a.... .. rx.t... ...No Public. ~ ' <br />t ~ -. ..:_._ ~ i. <br />! _- - <br />' RTATE OF <br />s4 ~ 1 Entered on numerical rode: and filed for record <br />li ~ -qty •--- °-°--- - j ~ in the Register of Deeds Offices of said C«uity the 1 lj <br />~l E <br />I -•°--._..-----...._.day of_-----_......._.___....__..._......, lfi ............. at:...._........_.-.__.._---..o'clock and.-............................minutes ............---.......M., ; <br />i 'i <br />;! and recorded in Book........._..,....._ .....................of....,..,.........,.........._..........at page...............__ ..................-----.. ? <br />{~ f ~ <br />€! ........._......---°--......_...__ ..........................°---°--...---..Reg. of Deeds <br />s <br />~, <br />,j <br />i i <br />~l <br />STATE OF._.....:DIP.hLBS$a.....-..-.._ .......................... ~ County of..-.-_.-.Hd11................,............ <br />Before rne, a notary public qualified in said rnunty, personally came Ronald R. <br />