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- 1 SS-A-REAL ESTATE M170RTGAGE (wry.)-With Tax Glause (Revised 7962) Tht ,P. Geneoi Supply Hwee, Linwln, Nebr.
<br />e .~rt _-_ .._- _ ~ _
<br />KNOW ALL AFEN BF THESE PRESENTS: That Gene Kay Enterprises, Inc.
<br />a mrporatian arganiaed and existing under and by virtue of the laws of the State of Nebra Ska in
<br />wasideratianofthestimof Four Hundred Sixty Thousand and no/100 -----------------Dp1,I,AR,g
<br />in head paid, does hereby SELL and CONVEY unto COmmerCial NatiOrial Bank & Trust CO-
<br />'s of ii 811 Couch, State of Ne1JraEk3 the fallow~ag described premixes situated
<br />is Hall Coach, a~ State of Nebraska , to-wit: East Two
<br />Bundred Sixty (26Q) feet of Lot One ;1), American Legion Addition, City of Grand Island
<br />Hai. Cauat}~, Nebraska.
<br />'. In the event the title to said real estate is transferred, or contracted to be transferred,
<br />:from the undersigned for any reason or by any method whatsoever, the entire principat
<br />sum cad accrued interest shah at once become due and payable at the election of the
<br />holder hereof. Fai;ure to exercise this option because of transfer of title as above
<br />`:'stated in one instance shall not constitute a :valuer of the right to exercise the same in
<br />,`the -vent of any subsequent transfe~~.
<br />' Tae iatmtion being to goo=ey hereby an ahz~'.utr title in Fee wimple.
<br />-iv' iiAtr, Af~v -tu iiiri_i~ thr pas~siszs aixav~ drsi rinrd, wiii+ ail Clae appurteasnYS faereunta belonging auto The said - -
<br />Co7nzrFercial National Sank tS Trust Co.
<br />and rr. its baits atad assigns Forever, prc+vidad alwas a, and theme p!rseats are upon the express condition that if the ,. -
<br />said Gene Iiay Enterprises, Inc.
<br />~ aasigas =bale pay ar caa_a io he paid m ihr solo Cammerc ial National Bank i1 Trust Ca- , Grand Island,
<br />'iebraska,
<br />h rxezvtars, admiaiaramrs or assig2., the sum of FaUr Hllndred Sixty Thousand -------i_1o11ars, payable Yi[
<br />j~~_5[xYXYYY_Y~Zit~NYy~;'Xx-Y YXYYY5~.3'~]f '
<br />_R]i`~YX~L%k3i~7L6i\SLXX.7+'~~~L~LXXX}[]iBI.K
<br />~YY Y~YS-v_y1[~l[$-Y~-1C~Yi X_X`X_KX.?LXXX~~X
<br />sY~'~~ `;X~;XXx~+ca~t~~F-~xxs~XxsxXS~ASx
<br />~XXXXXXY_~,.~YSTY\Xjt_l~5[S~'j{X^XXYY yi=_X
<br />with iateresi xiarreaaHTra:. - payabir 7t, axording to the te.~r a~ eHeat ~:
<br />afY~e a c~riai~icamis+xaa. mate ar ]dti[.ts[at7e9t_~~txlcAl notes of said Gene flay Enterp~iaes,
<br />Ins. t ~ 6; I~J79, ar as sucl: note or notes may be from time to time modified, renewed, or
<br />e+~~t4itat~"v~ pr4ents and =hail pay all taxes ate asseasmeaza levied upon said real ea; ate sad all other taxes, ;
<br />` ~-ias cad asarsrcmenss Iraird upon ibis ziwrigage ar the Hate which this mart€agc is gives >v srrurr, br#are _h~ same btxnmrea : -
<br />dalaacttaent- cad keep the cgs azt said p.~.iaes insured far the sum of 3 ~6Q, QQQ- QQ loss, if any, payable to the
<br />` said ~', then these Pr€srats to br F~id. oi.herwise is hr sad r~maia ixt fu37 farce. -
<br />- ~^ L Fil'RTI~FR A{:RFF7)- (i) Thai if the saw ixu:rlgagot shat! fail to pay such rases ar pavcutr sasi$ ansntrance, the ?
<br />-. said » ma}• pay sateh tazrs sod prtxitrr sigh insurnn ce: and the satin ao advanced, with interest a2 ~. (JQ per .~
<br />~: be ~"t ?~~ :~s.;,f;~gar,_t_a •~:s ~ -.ga,~r s::sl? sta~a ~, ~•r fxr same. (='i Ttt.-t a foliage to
<br />pay cap a£
<br />said mataey- gtiaer pzitsrapai ca ;ntearaf warn ~? same hem nx doe. ar a faifnre to csaalilv° w~iLh any of the toregaing agree- ` .
<br />-; Hares, staall zap the uuale ism of mGaeS' here-ia sz~-uuzNd ts-, haivme dzre and +.uIla~hie at i,acr at the aprioa of thx mortgagee.
<br />11+: il,`IT'!vTEs+s Ti'HEREOF, the sail Gene Kay Enterprises, inc.
<br />ins larirramta rattsaf its mrponte =rat to be afEaed atad ihe~ paxsstu to br si{ta~ad ln' its President and Secretary -
<br />,~ 38th= oaf une is '~ 9
<br />sly=~~`r'aaa ' of -
<br />J - ~
<br />_ _ . . _ _
<br />. .T.. _ .._..
<br />de ~. -B se s. ,_.ari• ~:'-Bfs assn
<br />.~%~.~~ sec.
<br />$TAT$ f3! -_- I~ObTaak _... -._._.... _._ C.aun2Y a{ ..t d ~ - ~ .:GG:z i-'-~-"--i
<br />liefine me. a mCary i'a- gttalified is sa=d rcatah, personally came.. andel K ~aesen and Larry G.
<br />°~~, /' PresiaeatSiffi
<br />ja~d Sz=creiar~ of Gene ~a~ Enterprises, Inc. i`s .ar+orporatioa
<br />kaaava tat tae W be the preodeat and ideatiul pr~cu~ wbo isgaed the foregoing rssirvmcnt, and ecknawleeieed the rzenttian ~i
<br />~ t m Tie labs wed dead as axh r aruf the volimtsry act ar>a deed of cold mrporarioa and that ifx wr-
<br />sarl sasels` `Arta arttbarsg.
<br />3[v ~'~-~-2 2. __ i9~!. =_ ,..-mac,. /,.~~~, ."'.z-.t~w...=.~....Natary Public.
<br />j . ._ .- i
<br />$TAT$ ~' .,..........T__.__-----. _... i Foraged oa anamriaxt index and filed for record
<br />'Y T~.._.~,_.__.~. _--.-- J1 Asa tLe Register of Deeds Olfioe of said Coaaty the
<br />a __-_.._.._.._.~sy s[w_..__-_.---.-'--...._-_. 19-----, at.._.._----.--<....._._._oclock and.------.----.-.._.-.minutes -__.-..__.-.--.--M.• t
<br />ad rewaded is $oak.-..-~-°-..~_.~._...oa._...____------`--__.-.at pogo,.-_..--._--------_.----.....-.
<br />' s
<br />'~, ' .`---------~---~---~--_.-..._.....-------..___.°---....Reg. of Deeds ;
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