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<br />- t 558q-A-.REAL ESTATE MORTGAGE (Corp.)-With Tax Clause (Revised 7962) ~ 7Le HuBman General 8uppty House, Liomm, Nrbr.
<br />KNOW ALL MEN BY THESE PRESENTS: That Van's Electric Company, Inc.
<br />a xrporation organized and existing under and by virtue of the laws of the State of Nebraska in
<br />consideration of the sum of Two Hundred Sixty-Five Thousand and no/100 -----------------DOLLARS
<br />in hand paid, does hereby SELL and CO3vVEY unto Commercial National Bank & Trust Co.
<br />~ Hall County, State of Nebraska the following described premises situated
<br />in Aall County, and State of Nebraska , to-wit:
<br />Lots Fourteen {14} and Fifteen {15}, Mehring and Giesenhagen Second
<br />Subdivision, a replat of tot Two {2} Mehring and Giesenhagen Subdivision,
<br />Hall County, Nebraska, excepting therefrom a Tract of ground more particu-
<br />lazly described is the deed recorded at Book 156, Page 400 of the deed
<br />records of Aail County, Nebraska.
<br />i
<br />The rete>~tion being to Ixunry berzby an absolute title in fee simple.
<br />TO HA4'E AtiD TO HOLD the pmmi:zs above described, with alt the appurtenances thereunto belonging unto the said
<br />Dan's R1~iric_' Pnmr~ nit, F c., _
<br />sod to their heirs and assigns forever, pro"~ded alHays, s»d these presents are upon the ezpress cronditiun 2bat if the s
<br />said Van"s Electric Company, Inc.
<br />m assig:ls ;.hail pay or rAUS2 to be paid to the said Cas~ercial Natio.-al Bank & Trust Company ,
<br />nof10D
<br />heirs, executors, administraWrs or assigns, the sum of Two Hundred Sixty-Five Thousand and Dollars, payable as
<br />fol3ows. to-wii-
<br />~maa~8blt d~uf xx>~c
<br />IIili3itY~Y ~(
<br />21u1tiTii aKljibY X:C~pY
<br />~ d Xi0'l~t
<br />OQ12p@ifht di3F='!~[ 7CXl~; }
<br />wish iaoersd theaeoa payable iiiBti0i1~, according io She trans and e$at i
<br />cd ibe promisaon cote or notes of said Van's Electric
<br />t:a~~,trr as such note or notes may be from time to tii>m modified, raneH"ed or extended s
<br />lsearatg two state weth iiaese pmts avd s6a11 pay a!1 fazes and aese~+*~~~ts levied upon said teal extate and ail other tazm,
<br />levies aittt ~ levied nplm- this mongage or the note wicicb this mortgage is given w aertrre, before the same becomes
<br />daiin~lt, amt keep the hnxi3ings an said p1~=._ insured for the sum Of S L65, OOQ. OO , io"re. It aaY- payabdE to the
<br />acid mtutgagra, then xhesr Ptesesis is be via, otherwise m be and remain is full farce, '.
<br />TI' iS FLTRTFtER AGREED. {3) That H the saw mortgagor shall €aii to pay snit3l razes ar procure such iavurance, the i
<br />said ' may pay sorb Hues and pnfrnm such insuranoe: a~ the sum so adoaaeed, with interest z: 14.50 per t
<br />Deaf shad be mpaid by said mortgagor. and this mortgage shad std as sentrity for samle. {2} That a failum to pay say of j
<br />said mmey, either plv~c7pal rr iafereri wiser tbt saint bosoms due, or a faitltre to carmpiy with any o€ the €Uregoing ~gre~-
<br />meats, shaft settee The slwir sum ut money herein serum m laaeome duo and ,~ollecu-Ne at once at t~ option at the mortgagee.
<br />IN WtT2~*E~55 ~S'I,iEiiEOF, thr said Va_n's Electric Cbmpanv, Inc-
<br />has its anrpa-ate seal to be at~izart arld ti~eee pr~:nis to be signed by its President
<br />31st ~ Oanuary ,ig 80 -
<br />8rgaad, deiil"erad in presence a£
<br />__-..___--- ---_ ------ - - Van's £lectricany. I~-- -- - - - - ,
<br />~o~ i?;. il3er i
<br />. "1'zesicant- ,
<br />.____.._.__.i+Ie~ssl5ka._..__ .._---_.-- . Cnaaty af.---- -~H11.....__...-__._._....._.----------.----_.:
<br />D1- me, a nrSatg pabiic 4uaitBed n said ialurlty, Personally came
<br />Glenn Var_osdall Ptesidentot
<br />Van's Electric Company, inc. , a corporation ;
<br />kaeeea to ~ # he the prer~eat and ideal pe.~m ~ sigaad the forF.yS-sir,g im-trtm~at, sod ac]tnow3edged the ezecutian
<br />fiesta m he vaiarl4ary set. a®d ~eed~'aurh offlaer and the voiualary a+x atui deed of said cvrparatiotl aad chat ifs err-
<br />p~e acid sass rheas aSlsed 3g; its ~.
<br />Wstama nay §aarl sad satsiva3 i~'~2~:'-.--.--..---~anuarY..- 3i---------~-----__.-.....___----._:; t~80
<br />~ ~ '
<br />~' coala~iau s~tsa..-4f.?.2...___-:,:~ .., i9__._..$1 ._'~--~.~ +~' r~<_~._--` p t!~-.,.-----NatarY Puhdic.
<br />ifPATB {~ .__.._.------....,._.._._--.-.--,-----.--- ~ Sntelad oa numezicai iudez arld flied tot retotd
<br />m in the - rot Deeds tlfficr of acid County the i.
<br />_.._,_..._.~-_.-.-...__.____..._..__..__...--- ~ Restate
<br />-.,;-•-•-•-•-•~4i' af..-.,.____..._.._._._._T,..-. 18.-..~..„ at~,..----._:__.-...o'dadc and.__..--.-----._...miautea .._........_.._._'41., f
<br />sad mended ~ $~.___..__-.--------_---.°i--•-----._.....------..-.at paga-_--.-.._._.._...°-..._...-...._._
<br />.---`--.._.__.._.-._.._......_...._..-._-...----.._.----...-..-._Reg. of Daeda
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