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58-A-REAL ESTATE ORTGAGE t p.)-With Tax Clause (Revised f48«) The .Loan cenerai supply House. Lincoln. xebr, j
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<br />[?;NOW ALL MEN BY THESE PRESENTS: That Deville Homes, Inc.
<br />a corporation organized and ezisting under and by virtue of the laws of the State of Nebraska in ,
<br />I consideration of the sum of Thirty Thousand and noj100 ^<--------^-------------------- PBLLARS
<br />~. in hand paid, does hereby SELL and Cf)NVEY unto Commercial National Bank & Trust Co.
<br />of Hall County, State of Nebraska the following described premises situated '
<br />~ Hall County, and State of Nebraska , to-wit: Lot Forty-
<br />eight (48), Potash Subdivision. Hall County, Nebraska,
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<br />In the event the title to said real estate is transferre3 or contracted to be transferred -,
<br />from the undersigned for any reason or by any method whatsoever, the entire principal ~ •,
<br />sum an3 accrued interest shall at once become due and payable at the election of the
<br />holder hereof, Failure to exercise this option because of transfer of title as above
<br />stated itt one instance shall not constitute a waiver of the right to exercise the same
<br />in the event of any subsequent transfer,
<br />-': The iafeation being to cmvey hereby as absolute ride in fee simple.
<br />TO HAVE AtsD TO BOLD the trmmises above described, with aA the aanurtenances thereunto belongitrg tmto the said
<br />Commercial National Rank & Trust Co., Grand Island, Nebraska
<br />asd to its heirs sad assigns forever, prm~ided always, and these preseata are upon the ezpress condition that if the
<br />ssid DeVillB Homes, Inc,
<br />or assSgas s'aall pay or cause to be paid to the said Coimoercial National Bank & Trust co, . Grand Island,
<br />1 Nebraska,
<br />hei>s,, ezetttiars, adminitivatars or a. e~ the snm of Thirty Thousand and no/100 -------Dollars, payaWersc
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<br />t tviih interest tbeeeon payable rp~{OF, according to the terror sad e$isct
<br />~ yet a certai~omiseory cote or ar notes of said DeVille acmes
<br />Irtc_ dated 111fi/79 ar as such note ar notes may be from time to time modified, renewed,
<br />~t m and shall pav all lazes a~ aeaas~ents levied upon said coal sedate and a3 other tazera.
<br />levies ,>ad a }evirei apes t3sis tta6re ar the note which this mortGage is given to serum, before the same becomes
<br />ddingnent, sad keep ttte bail a said puratsaca iasuted far the srua ~ 3 30,flflfl.fltl .Tres, ii any, payable to the
<br />said more. t~ these presetts xo tee vw+id. otherwise fo ~ and remaina-rt fuH force.
<br />! IT iS F43R7~ AGRE£D, ill That if the said martgagoz shall fail m pay etude toes or procure sorb iasuranoe, t]e
<br />~ said tmtr peS sash tease sad ptt+rtrre such iacuranre; sad the sum eo advanced, with iatereat ai 16.50 per
<br />i oret s its r~ b- old rrort~, and trre:rtgage shall stand as security far Brae. (2) That a far7ure to pay any of
<br />sad rsoaey, a priaripat cx interact s.}~tn rite same become due. or a failure to comply with any erf flee foregoing agree-
<br />' meot3c. deli cause the erhole rnrm of money bere® se~arred to became due and colierhtitJe u coos at the option of the mortgagee. ~..
<br />?~; i['Ti3QES8 Wi~REOF. flee said DeVi33e acaoes, Inc.
<br />bffi itieet~ caused its tnr'psrate seal to br a>~zed sad these presents to be signed by its President
<br />i ah9s $t3i d.~ of Nov~er . t$ 79
<br />• sealed sad delisrred is preaeace oil
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<br />'' '" ~ DeVille amines, Zrc,
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<br />SI'A~ (!~.__~.__.._._------.------._.-, Count- ~.-.. t Aall
<br />1 9ettara me, a >~9 pr~lic garalifiai is sisiii county, pe:waally came James S. Reed,
<br />President of
<br />11eYille Hcraes, Ittc_ , a mtporslioa f
<br />icoearastimefio be thr - and ~ i vtsExr Ftw s~nad the foregoing instrument, and sdcnotrfadged the esealioa
<br />8tmeo[ to lte ~ sad e~ and the valaatary act sad deed of said corporation and that its oar-
<br />pataita oral was tLseem lr- - '-~ J f Rti T ~--.
<br />]it awsasfwren -"~a~~~~~"~ -.- _r_S.L~,y. d..%t..f ..Gt.:t..~~.,~^'.._ _- ..Notar- Puhitc.
<br />~"~~ ~ -^---------.------+.. ] Entered on aumerixbl lades sad filed far record
<br />JT ~' m the Rrgiater d Deeds Ot3oe of acid Coemty the
<br />~$r .,...,....,.,._.,,..-......,_......_..._..,-..___..__
<br />-.~,-..-,.~..-..,+IE~+ 9D____.,u.r...._:T-,....~_~_, I9-___---2 at-._.____.__..-..de~oelt attet-----°---...._.___..miautea _-..._..---.._..M.,
<br />asd tttuWded ist Hmk_.-..... _.._____~t.-.._._.__._...___.,~..__...at p~.._-._,._..._-...._ ................_....
<br />By.-.._.._---_... _...
<br />... _.....___..__Reg. of Deeds '
<br />............. _._..,....,,.._....TArnuty
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