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(GAGE (Corp.}-With Tar Clause .(Revised 1962} The Huamen General Srpply Home, Llarnln, Nebr.
<br />KNOW ALL MEN BY THESE PRESENTS: That Regency Construction, Inc,
<br />a corporation organized and existing under and by virtue of the laws of the State of Nebraska is
<br />consideration of the sum of Thirteen Thousand Five Hundred and noj100 ---------------- DOLLARS
<br />in hand paid, does hereby SELL and CONVEY unto Commercial National Bank & Trust Co.
<br />of Hall County, State of Nebraska the following described premises situated
<br />in Hall County, a~ State of Nebraska , to-wit: Lot Nine
<br />(`l), Western Heights Third (3rd} Subdivision, Hall County, Nebraska.
<br />Ln the event the title to said real estate is transferred, or contracted to be trans-~
<br />ferxed from the undersigned for any reason or by any method whatsoever, the entire
<br />principal sum and accrue3 interest shall at once become due and payable at the election
<br />of the holder hereof, Failure to exercise this option because of transfer of title as
<br />above stated in one instance shall not cons~itute a waiver of the right to exercise the
<br />same in the event of any subsequent transfer,
<br />The intention being io oonsry hereby am absolute titir m fee simple.
<br />av v t~ v u me pa~i~zs - -~ ac~c~iKV'., -wpm au fhe appurterancea fhereunio beiongurg unu3 the said I -
<br />Oaa~rcial National Bank & Trust Co., Grand Island, Nebraska
<br />sad ~ its heirs sad assigns farever. providod always, and these prr9ents are upon the espmss condition that '" the
<br />said ACy {~nStrt3Ct10A• LR~t. -
<br />or aasigms shalt pay or cause to be paid in the ;aid Commercial National 73Ank s Trust Co, , Grand Island,
<br />Nebraska
<br />betas, eseeators, -~^~n~e+-9tors or acsigas, the ~m at Thirteen Thousand Five Hundred 6 nojl ODollars, payahde tmt
<br />1t
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<br />Y7CM9X
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<br />>w~ iateramt thereon ~ paiable . according [ti the tenor and effect
<br />td iYia Cer"taln pmmieaory rxue or notes of said Regency Construc?~
<br />titan,#Inc. dates:~n2tJ1n3Sji&fl nz as such note or notes may be fr~s time to time modified, renewed,
<br />e~i~'i'Y~"'~sl~ pm,mts and: s]rali pay a13 tares and asneasmeeyta levied upon said r~l eatatr and all other fazes, ~.
<br />testes amd aaxssmean draaYed upon thin murtgage or the mote which this mortgagee is given to secure, before the same bemmes -
<br />', sad keep the hmt oa said pt~em>set itssured far tie. sum of 5 13,500,00 .loss, it amy, payable to the
<br />said r» them shear Rr~'rs w be srod, other.,ise fa be and remain iA full farve_
<br />1T IS F[7RTHER AGREEf), fY) That it dhe said mortgagor siiatl fail to pay stint fazes or pmvre suctr iavuzamee, the
<br />said moaf~gae may S+rIY such fazes amd procure such insurance; sad cite sum so advantxd, w$th interest ai 15. S per
<br />tzrtN lre =egraid by said ', and ibis martlate~ shall stamd ~ security far saw i?i That a Eailum i" pay any of
<br />esri~s pr-i'zcdpai ar iaiemst 3i~ astse becnate doe, as a fat3ure ~ rcaspty srit#t amY of the fars~oimg agr~e-
<br />tamta, a6t#l tmtae the s~uie ssun ~ rmamey ttetria srcuead to homnie due and collectible at omx at the mptim of the mortgagee.
<br />IN @~ft37R'$S5 4}irHF.RFCIF. the said
<br />iras h~euattm ~d is$ oarporsse anal to be at''ftscxl sad tla-.se prY•s glta to be signed by its President and Sec . jTreas k
<br />1-0t}t • d F~r~rY , i9 60 .
<br />ceded ~ldeatNered m prey cd JJ
<br />'~ '~~~i.~__ ReQe~ Cvrtstruction Inc,.1.,.._
<br />STA77T ~ _ z,~>,.,.a a,a__......_._.....__.... _ -.._ _._. County af_.._...__Hall__.. _.__ ............ .' --- __ - - : .mow. r.,.Kt
<br />1 f3eEaee ae, a anTar9 tomtit' ar+aiiSai in said county. peivoudly came
<br />Rorer Left and Stanley H. Garris, Jz.
<br />'~Y 1`iedsatr~dr and President of ;
<br />i'A.1gSLgstCtlofi, Inc. . a corporation ~_
<br />. .
<br />~. ~; rho s~med ibe furegw.tg tnatnrmenT, and aclmowledgad the ezecutrrm
<br />ate. a6aed~ sad. iLt +~aiaatary act amd deed of said txirpnrttiSon atul that tts mr '
<br />seal awef tieartle ~ ~ ^.., ~; ,.: ~ ;
<br />a~.~
<br />1i~ masuri~ira ..~ _.. __ .._='ti_.!~~+1~ t ;~ ~,~,... ~_:.'_'?~ ~ _..._ .Notary Public
<br />~JZ~ t91r,_,-._....._.......__..._ ........................_._..____._. ~ Entered are nuq~ncal radez and Sled for record
<br />(* _.__._...___.._._.,._.._._ .................__.... ..._._.... _...._ f as m ihtl Register Of I]eeda Oboe of sad (~.nnr1[y the
<br />.:,..-.._.._r,.T..l~ o[._..>_.,...,.....,._~.... _...___._.__..; 19______~ aL __-__._.._.____.-r..aa Cinef anti....-___..._-.. ....... .rntnufeb ...__.. _.. _. .._.#i~,
<br />........ ..... ..... ..........._....... _., _............... _.. .awe, of f~eda
<br />9y...... .. ... ............ .... ... ... ._____.__. _..__..._.. -. -. f)erntfY
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