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58-A-REAL. ESfiATE NAQRTGAGE ; ;rp.)-!Wlth'f'ax ~Claust {Rtvistd 1862) T'6c ,9aMn, Ceaerat supply Hbaee, I:Grmtn. HuM.
<br />i~ IKNOFt' ,ALL MEN BY THESE PRESENTS: That Mid~Continen ~ Enterprises, Inc.
<br />a corporation organized and exiting under and by virtue of the laws of the State of Nebraska in
<br />rnneidaration of the sum of Two hundred seventy-five thousand & no/100------- DOLLARS
<br />in hand paid, does hereby SELL and CONVEY unto Commercial National Bank & Trusr Company
<br />of Hall County, State of Nebraska the following describes premises situated ~.'
<br />;n Hall county. and start of Nebraska , w-wit:
<br />Unit One, Lot Two (2), Block Eight {8), Replat,
<br />Continental Gardens, an Addition to the City of
<br />Grand Tsland, Hall County,Nebraska.
<br />In the event the title to said real estate is transferred, or contracted
<br />to be transferred, from the underlaid for any reason or by any method.
<br />whatsoever, the entire principal sum and accrued interest shall at once
<br />become due and payable at the holder hereof. Failure to exercise this
<br />option because of transfer of title as above stated in onP instance shall! ;.
<br />not constitute a waiver of the right to exercise the same in the event of
<br />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, wiih all the appurtenances thereunto belonging unto the said
<br />Mid-Continent Enterprises, Inc.
<br />and to itS heirs and assigns forever, provided always, and these gresents are upon the express condition that if the
<br />said Mid-Continent Enterprises, Inc.
<br />or assigns shall pay or cause to be paid to the said = __
<br />Commercial National Bank & Trust Company its
<br />heirs, exee~tors, administrators or assigns, the sum of TWO hundred seventy-five thous-3~liars, payable ffi
<br />~,,,~~, and & no/ZUt7
<br />-}3eNars-en-the de7~f -19-
<br />•f?oHerrs-em-thc dap af- -]'ft- '
<br />~3ettarrozrthc dap-of• -f3-
<br />~3o}fara-errthc dagof- -t9-'
<br />-Doltmsoa•Hrc dapaf -Y9"
<br />with interest thereun•nb -pereeert-per~ennaat, payable ammalty, aaording to the tenor and effc~t
<br />of the pmmisso note w~it}rvrtertsteoa hed-rtfa~i or ~noteS Qf 3a1~ Mid-
<br />~.rCeo~ntinent EnterpY~ises, Inc.},yyes suct~no~es may a =rom time o ime modi£~ed,
<br />Ueanngw~ n rda~e witii"2Feeae SYnt~" ant~~h~Sl" p'~ygat! taxes and assessments levied upon said real Mate and all other hexes,
<br />levies and assessments levied upon this mortgage or the note which this mortgage is given to secure, before the same 6ernmes _
<br />delinquent, and keep the buitdings an said premises insured fer the sum of $ 2 7 5 , Q Q ~ . 0 ~ ,lose, if any, payable W the
<br />suid mortgagee, then these prestnks to be mid, otherwise to bt and remain in full force.
<br />IT I3 FURTHER AGREED, {1} That iF the said mortgagor shall fail to pay such fazes or procure such insurance, the
<br />said mortgagee may pay suc3; fazes and procure such insurance; and the sum so advanced, with interest at l~.~Q pet
<br />-cent shall be repaid by said mortgagor, and this mortgage shall stand as security for same. (2} That a failure Eo pay any d ,
<br />said money, either principal or interest when the same become due, or a failure to comply with any of the toregoiag agree-
<br />menu, shall cause the whole sum of money herein secured to become due and collectible at once at the option of the mortgagee. ~
<br />IN WPFNESS WHEREOF, the said Mld^Continent Enterprises, Inc. i
<br />has hereunto cau~gd its corporate seal to be affized and these presents to be signed by its pregident
<br />this 4 *~ ;dom. Octt~ber 13 79
<br />Sigt.sealed.e2ivered iu presence of
<br />i
<br />,
<br />n~._ . nt Inc
<br />~,~..~.. ~ .~ . ..._ .......... .... _.. .Ma,d- .. ent._ E erpzs r ~ . _.
<br />~ .. .....
<br />..
<br />,,,
<br />.._...~,...~.,......Y.. ..._......._ ........................... ... z~~._... .. r...._ -
<br />:'
<br />f ~.~ ~. J . _ _ .U
<br />__.._ .. .
<br />=. ` ~ _ by.
<br />STATE OF,.......N£',1~'~`8~,ka ....................................._.., u y of......... ~~i
<br />~a"~l Rtyna .d....R.....voYt ei~~ f....Becy.
<br />i3afdt~ d~ft~ry public qualified in said county, personally came
<br />~ tr.. t, -
<br />""'"' Milan D. Bish President of
<br />l~i,d-G~ilht~tient E~iter~~se~,s Inq . > a Corporatism
<br />-known t4 me to be the prexiden and t en rson w a,gn a or~gautg tnatrument, and acknowledged the ezecution
<br />thereof to 23e hie voluntary act and deed- ~ such oH'icer and the voluntary &et and deed of said corporation and that its tmr-
<br />poste seal ty~~tted by its authority.
<br />`, t Watnew my ~'I~ttinD seal ott~ ................OctoberL,;...4....................,....-------.......---------....., 13t.7~
<br />' i';lebraska
<br />~y_! _...
<br />A'ly i4lft°ktaR `'._.a'. .... ., 13.~~. .......-~.------ -- ... ... ......:.Notary Public.
<br />- ti~-~a --soar - - - - - - - - *.t!,.r,-...~.--s. ~arv -z
<br />~: - ..._.
<br />`STAT'E OF..-.:._...........__;.....:.._.....---•.--_ .................---, Entered on numerical irtde: and filed for record
<br />County ..........,_ .............._................_............................. ~ as. in the Register of Deeds Office of said County the
<br />......_ .....:........::day of:.................._:..._......__..........., 13......._..., at:...................:_.._.....o'clock and........................._...minutes ......_....---°---M••
<br />and recoiled in Baak ......................................_..oC....._.._......._.........°-.......at page....................--- --.............._.
<br />of Deeds
<br />By ................................................................._.......-...............Deputy
<br />
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