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4 -REAL ff9n ~tIT,E Mi@f4'TGAGE {Corp ~..~ ~vklith Tax Clause {flevoard'998Z}
<br />T~3C ~UaSSt9n CitgCrrii SB1~17a9 ~gJbf, t.•`dI1R'~~fix NBbC',.
<br />KNOW ALL MEN BY THESE PRESENTS: That Castle Ilstates DevelopmenC Company, ~, Partnership
<br />~ a ~rporation organized and ezisting under and by virtue of the laws of the State of Nebraska ~
<br />~ rnusideration of the sum of Seventy-four thousand two hundred fifty and no/100-----------~l~,ggg
<br />~ in hand pail, does hereby SELL and CONVEY unto Commercial National Bank & Trust Company, Grand
<br />Island
<br />of X11 County, State of Nebraska the following deacribe.f premises situated
<br />sn Hall County, and State of Nebraska , to-wit;
<br />I
<br />IAts One fl) thru Sixty Five f65) inclusive, Castle Estates Subdivision, Hall County,
<br />Nebraska, Except Tats 12, 35, 11, 38, 48, 63, 52, 34, 1 & 10
<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 principal stmt
<br />,and accrued interest shall at once become due and payable at the elution of the holder
<br />hereof. Failure to exercise this option because of transfer of title as above stated in' ;-
<br />one instance shall not constitute a waiver of the right to exercise the same in the event'
<br />of any subsequent transfer.
<br />f The intention beinn to convey hereby an absolute title in fee simple.
<br />M 'I'O HAVE AND TO HOLD the premises above described, with ail the appurtenances thereunto belonging unto the said
<br />Commercial National Bank & Trust Company, Grand Island, Nebraska
<br />f and w its heirs and assigns forever, provided always, and these presents are upon the ezpress condition that if the
<br />sasd Castle Estates Development Company, A Partnership
<br />or assigns shall pay or cause to be paid to the said Commercial National Bank & Trust Company, Grand Islan
<br />Nebraska,
<br />~ hens, ezecutots, administrators or assigns, the sum of Seventy-four thousand two hundred Dollars, payable as
<br />~ fifty and no/100--------
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<br />with interest thereon ayable , according to the tenor and effect
<br />ofd a certain promissory note or not
<br />of said Castle Estates ~ev ~i~ogmutt Comp A a to~rshi d led N~ocvee~3 er 16, 7.979 or as
<br />~g~iliff rfdl~e iii}~+~#'iee§f~~it~>"sl~ay~'~i~.~3 lasses m~ntse(e~v~ewd~uponrsaW treat~es to and all ot~hergtszea,
<br />i levies and asaessmenta le4~ed upon this mortgage or t}se note which this mortgage is given to secure, before the same becomes
<br />delinquent, and keep the buildings on said premises insured for the sum of 3 NiA ,lass, if any, payable to the
<br />said mortgageo, then these pr seats to be livid, otherwise to be and remain in ful3 farms.
<br />lT I9 FLiIiTHEN. AGFcEED. {1) That if the said mortgago; shall fait to pay such fazes or procure such insurance, the
<br />said mortgagee nsay pay suet: i:xes and procure suds insurances; and tine sum sa adY~nted, with interest at 15,0 per
<br />e-eat shall..be. repaid_by said z*+artgagar, and this morigae- steal! stand ~ seeuri#y for same. {y} "l'ltaE a failure ta- pay rosy of-
<br />said money, either princi}sal or interest when the same become due, ur a failure to comply with any of the foregoing agree-
<br />meats, shall cause the whole sum of money herein secured to became due and collectible aE once ai the option of the mortgagee.
<br />IN WITNESS WHEREOF,thasaid Castle Estates Development Company, A Partnership
<br />1 has herewtto caused its corporate seat to be affixed and these presents to be signfd by its partners
<br />this 16th day of November . 19 79
<br />Signed, sealed and delivered in presence of
<br />/] -.. .
<br />Nebraska Hall
<br />STATE OF ....................___......_.....-....- ..._......_..............., County of..... ......_.................._......._..................................
<br />&ofore me, a notary public qualified in said county, personally came E11i5 Douthlt afld Norman T. Afltontont -
<br />~ Partners 1tKof
<br />R Castle Estates Development Ca., A Partnership a~s~ti
<br />F -'£r=szwtt_to me:to lse-tho pr~idcnt and ;zienti-=-s jj~ vbo si ned the foregoing instrument, and aelmor~vleclgad the esecutxan i
<br />{- thereof to be his voluntary act and deed as ch~e~cee$gpd;'t~t~oluu~ary act and deed of said Carporadon and that tta car
<br />~ potate seat-was thereto afftxed by its auth G£;vCKAI +::1TA , ~'
<br />i "}
<br />Witness my hand and `notarial ~?o'F. ~ ~ ........... .............. . 19... ~$' '
<br />.. .. ,
<br />~- My commission azprres...... .. ....... A 1212~3c?l....4..~,....~ Gc...~c..eC.s..:cR•~s......-:':.....Notary Public. ~
<br />.. .
<br />,,,..._,
<br />- Entered on numencal tndez and filed for record ~
<br />........................... .... sie.
<br />County .........._ ............._.........__...., in the Register of Deeds O(fice of said County the ? ;
<br />...dewy of ........................._.......... ......, 19......----.., at:_............... ...o'clock and........-...._...............minutea ...............-.....M., ~ ::
<br />i _ '
<br />1- and zecwrded iri 13ooh ......................:...................of:...........................,.........:.at page..........-........_...-.................... ~
<br />i
<br />' ..._...._.._ Aeg. of Deeds
<br />Ry...........- .............................................................................DenutY '. ~_
<br />- _.
<br />i
<br />Castle Estates Development Co., A P
<br />J ~'~rA
<br />By..... ~..... ._. .. ....... ...................._.
<br />
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