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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 <br />