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REAL C'ST,4Tf. t>,O1;.I'GFiGE
<br />KNOW ALL MEN HY THESE PRESENTS: That. i"HE i~'ATURE CONSER4'A'NCY, a 23o=.z-
<br />Profit Corporation authorised under the Lag's of the District of Columbia,
<br />1z~00 N. Kent St. Arlington, '4!irgin:ia in consideration of the sum of 023E
<br />MELLTON ONE HUNDRED NINETY--FOUR'' THOUSAND ($'1,194,000.00) DOLLARS in hand
<br />paid, do hereby SELL and CONVEY, unto ARTHUR P. TERRY and MAXINE M.
<br />TERRY, of Hall County, State of Nebraska, the following described premises
<br />situated in Hall County and State of Nebraska, to-wit:
<br />PARCEL~I: Lot One (1) in the Northwest Quarter (NWT) of Section Four (4),
<br />and Lot .Four (4j on Island in Section Five (5), all being in
<br />~ Township Nine (9) North, Range Ten (10) West of the 6th P.M.;
<br />~~ also Lot Six (6) Seven {7), Ten (l0), Eleven {11), Twelve (12),
<br />and Thirteeh (13) on Island in Section Thirty Three (33), Also,
<br />the North Half of the Northeast Quarter (N~NE~), and the North-
<br />6~ east Quarter of the Northwest Quarter (NE~CNW~) and also the North-
<br />west Quarter of the Northwest Quarter (NW'a,NW34) (Said NW~NW~ also
<br />known as Lot 1`on Island) all in Section Thirty Four (34), all
<br />~ being in Township Ten (10) North, Range Ten (10) West of the 6th
<br />P.M. in Hall County, Nebraska. -.
<br />PARCEL II: Lots One (1), Four (4), Five (5), Six (6), Seven (7), Eight (8),
<br />and Nine (g), and the Sou',:h half {S'~) of the Southwest Quarter
<br />(SW~) and the South half (S~) of the Southeast Quarter (SEA) e,ll
<br />in Section Twenty Six (26), Lots Nine (9), Ten (10), Eleven (11),
<br />and Twelve (12), and the Southeast Quarter (SE's) of the Southeast
<br />Quarter (SEA), all in Section Twenty Seven (27); and Lots Three
<br />(3}, Four (4), Five (5), and Six (6), and the South Half (S'-~) of
<br />the Northeast Quarter (NE3~) and the South half (S'~) of the North-
<br />west @uarter (NW's), all in Section Thirty Four {34), ahd Lots One
<br />{1), Two {2), Three (3), and Four (4), and the Northwest Quarter
<br />(NW3~), and the North half (N~) of the Northeast Quarter (NEB), and
<br />the Southwest Quarter (SW~) of the Northeast Quarter (NE's) all
<br />in Section Thirty Five (35}, all in 'township Ten {10} North, Range
<br />Ten (10) West of the bth P.M., Hall County, Nebraska.
<br />Together with all accretions to the above described premises.
<br />THIS IS A FIRST PURCHASE MONEY REAL ESTATE MORTGAGE
<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 appur-
<br />tenances thereunto belonging, unto the said mortgagee and to their heirs
<br />and assigns forever, provided always, and these premises are upon the
<br />express condition that if the said mortgagor, its successors, or assigns
<br />shall pay or cause to be paid to the said mortgagee, their heirs, personal
<br />representatives, or assigns, the principal sum of $1,194,000.00 payable as
<br />fellows; to--wit:
<br />$595~~00,00 ^rincipal, vlus $44,(;00 interest, or n total of
<br />$639-,000.04 payable on 7~~cember 29, 1980;
<br />$559,000.00 principal, plus $44,000 interest, or a total of
<br />$643,000.00 payable on January 5, 2981;
<br />with interest according to the tenor and effect of the mortgagor's written
<br />promissory note bearing even date with these presents and shall pay all
<br />taxes and assessments levied upon said real estate, and all other taxes,
<br />levies and assessments levied upon this mortgage or the note which this
<br />yortgage is giveT~ to secure, before the same becomes delinquent, then
<br />these presents to be void, otherwise to be and remain in full force.
<br />IT IS FI3RTHER AGREED (1) That if the mortgagor shall fail to pay such
<br />real estate taxes, the said mortgagee may pay such taxes and the sum so
<br />advanced shall be immediately repayable by said mortgagee; that any such
<br />sum so advanced until it is repaid and the entire unpaid principal balance
<br />- if any princi-pal payment is not pLid when payable sha12 bear interest at
<br />12~'l. ger annum until the amount so advanced for taxes are repaid or, as
<br />the case may be, the default in payment of principal is remedied; this
<br />-- mortgage shall stand as security for such tax payments and additional
<br />interest. (2) That a failure to pay any of said monies, either principal,
<br />` interest or taxes- when the.same become due, or a failure to comply with
<br />any of the foregoing agreements, and such default remains unremedied after
<br />30 days written noti.~,~.&'~ul~l rouse the whole sum of money herein secured
<br />to become due and so``~1+,i~~.~--e~ once at the option of the mortgagee.
<br />,r ,.
<br />Signed this lg ~ta~s'g~.~~.c~'ber , 1979.
<br />°: ;~',~~
<br />Attest ': T'rIE NATURE CONSERVANCY, a Non-Profit
<br />~-~' ~( . % , ' ~;~.~.~^., By~~-ems; 3 ~ - -'
<br />fits hssistan.t Secretai'}~- Its President
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