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79-'f)t_i6F~~~~ <br />MORTGAGE <br />This Mortgage is executed by HEINZMAN ENGINEERING, <br />INC., a corporation, (Mortgagor? to ITT DIZ'ERSSFIED CREDIT <br />CORP., COMMERCIAI, FINANCE DIVISION, a corporation, (MOrtgageej. <br />The Mortgagor, in consideration of the sum of One <br />billion Eight Hundred Thousand and no/100 Dollars, ($1,800,000.001, <br />received by the Mortgagor, hereby conveys to the Mortgagee, <br />its successors and assigns, forever, the real estate (property? <br />described as follows: <br />Tract I: Apart of the NW~t of the 5W~ of <br />Section 27, Township 11 North, Range 9 West <br />of the 6th P.M., in Hall County, Nebraska, <br />more particularly described as follows: <br />Beginning at a point on the West line of said <br />Section 27, Township li North, Range 9 West <br />said point being located 334.0 feet North <br />of the NW corner of the SW~ of the SW~t of <br />said Section 27; running thence East parallel <br />with the South line of said SW~t of the SW~i <br />a distance of 668.0 feet; running thence North <br />paza33el with the West line of said Section <br />27 a distance of 336.0 feet; running thence <br />nest parallel with the South line of said <br />SW~ of the Swat a distance of 660.0 feet, to <br />a paint oa the West line of said Section 27; <br />running thence South along and upon the West <br />line of said Section 27 a distance of 336.0 <br />feet to the point of beginning, subject to <br />County Road tNOw South Locust Street}. <br />firact II: Ali that part of the SEA of Section <br />27, Township 71 North, Range i0 west of the <br />6th P.M., in Hall County, Nebraska, lying <br />South of the i3nion Pacific Railroad Compare} , <br />as shown on the Government Survey thereof. <br />pia ~ gays is given to se^'.:re the payer:*_ of a C€~llaterai <br />Team Mote axe a Collateral Demand Note from the Mortgagor <br />to the Mortgagee, of even date, and constitutes a Security <br />Agreemetxt with respect to fixtures attached to the property. <br />The iiortgagor warrants tt:at the Mortgagor is lawfully <br />seised of a foe simple title to the property, free £ram encumbrance, <br />except easements, restrictions and encumbrances of record, has <br />full authority to ecrsvey the property and will warrant and <br />defence t!+~ title to t_t:e property against the claims of all <br />persons. <br />The Mortgagor agrees to pay the indebtedness hezeby <br />~•-•, - reci , :Then due . <br />The Mortgagor shah pay a13 tales, assessment and <br />other charges which may become liens upon the property, when <br />dc-e, and before delinquency. <br />The Mprt~agor shall maintain fire and extended coverage <br />insuras~e, aoeerissq the improvements on the property, with <br />snch y axui in such meount as shalt be satisfactory to <br />tree Moxt~age+a, with the proceeds of any loss payable to the <br />!~'tgegee deli~red to and held toy the Alartgagee, and upon <br />