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<br />SB-A-REAL ESTATE MORTGAGE (Corp.)-With lax Clause (Revised 1962) 77u Hurtm.n Gemral Supply Hama, l.imoln, H.br.
<br />KNOW ALL MEN BY THESE PRESENTS: That Luft Plumbing & Heating, Inc,
<br />a corporation organized and existing under and by virtue of the laws of the State of Nebraska in
<br />consideration of the sum of Twenty Seven Thousand One Hundred Seventy and 43/100 -------DpLLAR3
<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 Cotmty, and State of Nebraska , to•wit: Lot Four
<br />(4) Block Four (4) Original Town of Grand Island, Hall County, Nebraska
<br />•,•
<br />In the event_ the title to said real estate~is transferred, or contracted to be transf
<br />from the undersigned for any reason or by at~,.method whatsoever, the entire principal
<br />and accrued interest shall at once become due and payable at the election of the holy
<br />hereof, Failure to exercise this option because of transfer of title as a~_ae stated
<br />one instance shall not constitute a waiver of the right to exercise the same in the
<br />event of any subsequent transfer.
<br />The intenfion being to convey hereby an absolute title in fee simple.
<br />TO HAVE AND TO HOLD the premises ahn'e described, with all the appurtenances thereunto belonging unto ths said
<br />Comtercial National Bank & Trust Co.
<br />and in its heirs and assigns Corever, pm~~ded always, and these presents are upon the express condition that if the
<br />said Luft Plumbing s Heating, Inc.
<br />or assigns shall pay or cause to be paid to the ,aid Commercial National Bank & Trust Co .
<br />heirs, executors, administrators or assigns. the sum of Twenty Seven Thousand One Hundred Sev-Dollars, payable 7fKi
<br />AfMi~ltiWti9gt enty and 43j100 ---------------------j
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<br />with interest thereon ;tpcxxxxxx. _ payable if41S11iL11t12, according to the tenor and etfect .,
<br />of ~t a certail~rpmissory note oz ~ notes of said Luft Plumbing &
<br />Heating, Inc. dated 5j2BjB0 or as such note or notes may be from time to time modified, ie~
<br />pe~aed or exte_nr}et3, in~n~ shall pay all taxes and assessments Levied upon said teat estate and all other razes, ~;
<br />levies and amts levied upon t}its mortgage or the note which this mortgage is given to secure, before the same becomes :;
<br />delittgttent, and keep the buildings on said premises :naured for the sur3 of 3 27 , 170 , 43 loss, if any, payable to the
<br />said morfgagee_ then these presetts to be void, otherwise. io he and remain in full force.
<br />TT IS £t':It;-THE#t ACftEEP, (l i That if the said mnrfgagar s;eai! fail t:± pay such taxes ur procure such insurance, the i
<br />said martgagee may pay such taxis and prucu.re such insurance; and the sum so advanaxd, with interest at 17,0 per
<br />cent shall be repaid by said mortgagor. arxl tints m.artgana :hall stand as security for same, (2} That a failum W pay any of
<br />said money, either principal or inia~t when the serer. become due, or a fat7ure W cromply with any of the foregoing agree-
<br />ments, shall catase the whole sum :.f money herein sEV.•etred !u bcacame due and collectible at once at the option of the mortgagee.
<br />II*< WI7"NESS WHEREOF, the said Luft Plumbing & Heating, Inc.
<br />has hereunto caused its corporate seal to be a$ixant anal ttnex presents to be signed by its President
<br />^th~is 28th day of May . 19 80
<br />y Signed, sealed_aal deliverod in presence of _
<br />Loft Plumbing s Heating, Znc.
<br />- - ~-. _ _. r.. .
<br />_ ..__ ._.
<br />
<br />STAT£ OF-..... Nei,;asks. _. _ _.._ .. _. .County of_ ..;ia13....__....._.
<br />before me, a araary public quaSihe~d in.said ~a.nty, per~nnally Dame Roger Tv, Luft
<br />President of
<br />8 C4rpUrittlon
<br />1 ppe~rson~~ who sibmtsd the fomg=inq instrument, and acknowledged the execution
<br />tFct~Zi~i.0aieis'Itud:~r-nluntary aCt and dead of said corporation .and that its co~-
<br />~faAe._~f .. ~, 18..80
<br />opw~
<br />,aI9~~ ~_`'-`` r~. -- < .r~-:fi.< ~'?-;,: :'~ Notary Public. ~.
<br />y _....
<br />Loft Pltuabing & Heating, ins,
<br />ktrnwti to me to be the president and ' t
<br />s therm( to be hi+ vo;ugtq~y ict and - as
<br />pwate Berl eras thereto atbtt~l li3' i fix
<br />s
<br />V4!itaass nay hand sad y,n,
<br />~ d mil! coraraiaion czpirea,_?.~[€ ........ ._
<br />' '~- "- ~ ! Entered on numerical iraiex axat 8Ier1 for record
<br />~~ in the Hegisfer of Deeds CJffi. i~ of said t"temty rho
<br />1.9.... ...., at._.. ..... .. .. o'drx'k and, . nurtures !r4„
<br />.. of._ .._ ... _..., _ at {rage.
<br />Hy
<br />Reg ..( Ikxds
<br />S1Nt,uty
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