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;REAL ESTATE MORTGAGE (Corp.)-1Yith Tax Cause ;RtvistE 7462] 17ze I3~mau General SoDpty I3ooev, Liuats, Neitc
<br />~.i~s~J' 4~~'t
<br />KNOUT ALL RREN EY THESE PRESENTS: That Mid-Continent Enterprises, Inc.
<br />a corporation organized and existing under and by virhte of the taws of the State of Nebraska is-.
<br />rnnsideration of klre sum of Sixty Thousand and np/100 --------------------------------- DtfLl~iiS-
<br />in hand paid, does hereby SELL and CONVEY unto Commercial National Bank & Trust Co.
<br />Hall County, State of Nebraska the Potlowing descriF~d-pzzmisea-siistated-..
<br />Ha11 County, and State of Nebraska , to-wit:
<br />Lot Five (5), Block Seven (7), Unit one Continental Gardens, an Addition to
<br />the City of Grand Island, Hall Covnty, Nefraska.
<br />In the event the title to said real estate is transferred, or contracted to be trans-
<br />ferred, from the tutdersaid £or any reason or by any method whatsoever, the entire
<br />principal stun and accrued interest shall at once become due and payable at the election
<br />of the holder thereof. Failure to exercise this option because of transfer of title
<br />as above stated in one instance shall not constitute a waiver of the right to exercise.
<br />the same in the event of any subsequent transfer.
<br />The intention being h> convey herehv an absolute true in fee simple. ~
<br />TO HAVE AND 'f'O HOLD the cremises above described, with all the appurtenances thereunto helunging tmto the said
<br />idid-COrttinent Enterprises, Inc.
<br />and m itS heirs and assigns forever. provided always, and these presents are upon [hu express condition Lhat if the
<br />Said Mid-continent EnterPr].SeS, Inc•
<br />~r assigns shall pay nr cause to he pmd to the said
<br />Commercial National Bank & Trust Co. ,
<br />~': heirs, ••xecurnrs, administratars nr assign=. the sum ,~E Sixty Thousand and no/100 -----------Uotlazs, payable as
<br />folloaw, to-w+t
<br />Qa}Uttxe KdBCASC X}fY ,
<br />18A030>cDC]4K7flfe NLG3LIClt ?048
<br />Real Estate Mortgage expires ~ K xxg~
<br />nn ~7anuary 5, 1981 i>ZodiavtslatX3~ #~gcrak Xxx
<br />]r~3~xk~
<br />' v,nn mr. r. ,, ~... r<,~n .:..+ axycX~~raa~iixv i,avuhie ~~rc ii5t :r ins - -
<br />~•( :ne I,:,,~:-v~r, «•„ or ~e~~~~~~x notes o£a,--ai3 ^+irdeCpatiren~~raa<r
<br />Erterpr? -_r T-r`-C•r -= Stich no te5 may h@ Lrpm time Cp time ntpdilied, renewed ()L c<Yt~:irde-:d
<br />t-;n
<br />... ~...,u.~ ..... ._.. ... .... h... alt ...~~ ... ..oe, .,_...,~ .. .,.z. ., ~.,....aa. ~~m a,,., a„ ,.~, ..,~~,
<br />_, T...-~ ,, ~, .__. _ ,. ...- ta=e: _ h• uu, hr h tars m„r:.~« ~ Y. i-t. `.~.f _ ~ ~ 6?
<br />delinyurnt m<t ka~ep +he• - tidutgs on scud premmea insured for the wm of S 50, 000. OU .Y. Iws. d .zny. Pavablo to the
<br />. nzd e :rtSagev. then ~he-x= t~nsnuta to hr .wd. otizerwLSe to he and remain en iuti for r.
<br />', f7`+IS i'NR'PHE:12 ~Gfib: L: D. :1) ~1'ha[ +( thr said mortgagor ..ball toil to pav such hixcs ur Procure such instzmnce, ttze
<br />svd i xtgugee nzs}~ laz}' 4u<~h uix ra umi Pnnru re such utaunutca and the swn := advanced, with tntereat at 13.50 Per
<br />'rat ._haii im rapatd t ~,. , urt,xt;or. and thzs n orcgage shall nand as -.azeurny for .-ame- l'41 That a failure to pay +u1Y of
<br />- Aaad r vmcy. ouhrr xtpsi z~~r interest za•hvn she same hew<rme due. ~~r n (sauce to rampiy with soy of tfie foregoing agree-
<br />ments~ =hall rnus+• ii~+er •vhufe .um •d mm~cy h+-ra•w secu awl to baa.vme due and rulitnrublo at once st the uptton of the mortgagee-
<br />[N lYl'i'1 E:;5S A'iiE?hliU f~. :h,- -std ^'-i d-COntlnent P•.n terpri.ses, loc.
<br />~ has hereunto causevi :t4 ces[uxate tea! lu he uffisnd xuzd tht~t• present-s to he sabnecl by +ts pre5id6nt
<br />llzie 8t.h day .,f July Ip 80
<br />Signer!, ceafee] tux! dehvcrrcat to (rresens~n ~+I
<br />Mid-Cott iyteatr EnterliY3"S~s
<br />-(t~r~ . _.C~ f..: _. _ [3y it ~,.!S L,T...~ -,! S.3 C-.1{t ~'..
<br />Ienn Wilson, Jr..., Sec Treas. bix -~ hi~!`i 1'rt_sa.ue~
<br />is""G1 f E tlA'... Nebraska Connty of tta__21
<br />r .r.,.- •uhhc :~ i'_:dud i.z =erd ,..unty. e r_.-:kx:;L:• c s-rie
<br />Efzlan U. Bish, k•rrntdeni rri
<br />Mid-Continent Entexprises, Inc. . +.+rimtat,ou
<br />known to nze'se he the preeiden6 and ideniieal persarn who .s+gn ed the fureguuzg nstrunuuzt, and uokuuwhxt,;.~r the ~•xatiunuu
<br />iher-eof to- y~(tfiWfyi 'ss::raeh o(deer and the a~crluntarY act and drawl <<t w,td cur(nrnsitou sod thnt ri,9 atr+-
<br />porato se as ~ - authority.
<br />1 ~ t~9z on.. .7ulY- t3.,. ... I!1 k3l)
<br />i
<br />' h'fY commission expires.. li 3t lg.'('2. ~~'ci.c-/ (, ,. ,~( t..
<br />ll', /: •'M•`'. Nntuty Public.
<br />..~...~..._.._..~..~.. - t~
<br />I STATE OF. - _. _. ~ !::sicced un numencx! index and tiler! for record
<br />• ss.
<br />If County -.-. .._ - _ - J m the ltegurtnr of Deeds Ullieo of s+ud County the
<br />I
<br />.._....daY oP.. lB. ezC... - .. o'clrx~k and.. mumtes . h1.,
<br />'; and re~oniayl in Pxok.. ot.. ... at ,,uge_.
<br />tieg. of Dciads
<br />BY Deputy
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