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R~ ~~MOR?GAGE (Corp.)-With Tax Clause (Revised 7962} Tae x„mom C,emret supp;Y Am®, I."v>w3n, Sv'e6t.
<br />KNOW ALL bIEN BY THESE PRESENTS: That Mid-Continent Enterprises, Inc.
<br />a corporation organized and existing under and 6y virtue of the Iaw•s of the State of Nebraska Ig;
<br />consideration of the sum of Fifty-Three Thousand and no/100 ---------------------------- DOlLARS-.
<br />in hared paid, does hereby SELL and CONVEY unto Commercial National Hank & T2n5t Co.
<br />of Rall County, Stato of Nebraska the following described paemisea situated
<br />in Hall County, and State of Nebraska , to-wi};.
<br />Iat Four (4}, Block Seven (7), Unit One Continental Gardens, an Addition
<br />to the City of Grand Iceland, Hall County, Nebraska.
<br />In the event the title to said real estate is transferred, or contracted to be trans-
<br />ferred, from the underlaid for any reason or by any method whatsoever, the entire
<br />principal sum a;-,d 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 titleas.
<br />above stated in one instance shall not constitute a waiver of the right to exercise the
<br />same in the event of any subsequent transfer.
<br />The intention being to convey hereby an absolute title in fee simple.
<br />~ TO HAVE AIvD TO HOLD the premises above described, with all the appurtenances thereinto belonging unto the said,
<br />Mid-continent Enterprises, Inc.
<br />and to its heirs and assigns forever, provided always, and these presents aze upon the express condition that H the
<br />said Mid-Continent Enterprises, Inc.
<br />i
<br />~ or assigns shall pay or cause to be paid to the said
<br />Commercial National Sank & Trust Co.
<br />heirs, esecutot~, administrators or a=signs, the sum of Fifty-Three Thousand and no/100 -----Dollars, payable as i
<br />Tallowy, to-x•it:
<br />i ~xxac ~ity7cri3t ~
<br />~ x3tixxic ~>as
<br />x2eal Estate ^'~rtyage expires on ~t~xg Igg,~tSyg »
<br />~~ Jariuar; 5, 1_°81 «r.~i-~rw,~erf. ae
<br />~ 1~lAia"6XXt'Ptlix ~~JSffiit xx(g
<br />j +vitlt inlrnst thereon ~t t y pa]'able ~, nett rdirv to the 4vaer =d ea~£ct ~.
<br />of tht~ pmmissa,ry note or Hates oY said Mid-Continent
<br />_ ,~- .
<br />EZit rk_i , ___~..; aS _iCI? n ~t_S '-i ,_o =rim __...~ _.o t1F~ ..^s:~dified, ~enewe: ..~ ~.. ~....~.e..
<br />n wr>ttin _
<br />I ilct~ru,~ ~ ~ die with these urusnnts and slvnil uay all tax,_v ~ •`s?nvnta i„~~~t .__ o:a .oel .. _ a,l .. __
<br />levers and nssessmems levied upon this mortgage ..r the note which this mortgage is given•tu stuurt. ybu[ore ttu•os:rme hen,mes
<br />- delinquent, and !:ecp the hurhlings un soul prcmucs Insured for the sum ni ~ 53,000.00 h>s, if any. t^apable is the
<br />' said mortgagea•, then tha•sr presents lu 6e r,ad, uthenvtsa to be and remain in full (lace.
<br />!'1` I~± 1'CtRTH ER .:GREPU. e!1 'S`hat ~f the soot mortgagor shall tail Lo pay such taxes ur pr vre such uvsurauce, the
<br />' said morigugee may pay -wch taxes and precu re such utsurnnce; :and the solo en advanced, with mta•n~st ut 13.50 per
<br />real shall he repaid by s:aai rnorigagnr. and this murtgaFe shall _cVtnd as saxvri[y for some. i'?) 'I'haL a failure m iu;y itny of
<br />said money, either princ+pai ^.r inierost when the same hea,me due. or a Failure to comply uti[h any of the Cnragomg agree'-
<br />- ^crnts, shaft uause the whole rum n[ money herein secured m hecotne due and colfectihla at once at the upnon of the murtgaguu.
<br />1 ' tb'I`I`N I:SS t4 Hr~Hi:Df~. [hr -a:d bled-Continent Enterprises, Znc.
<br />has hereuata saute=c! +ts corporate s*ral to he affixed and these presents to be signed 6y iLr Prtaident
<br />dtis Bth riay ut July 19 80 .
<br />Sigar-ql, sealtil a=t:f deliverc~el in art>svncs uF
<br />,/ Mid- `O~t~Ri.)nt F~te LaSt'. tt, "r~Ztt.
<br />:, '
<br />
<br />A
<br />on i~
<br />J ~ ~/
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<br />c Tee
<br />e
<br />ilsoh M la res ~ en r
<br />1 SPATE Olr ............. .~.t'k?g..~~}:d...__. .. ,('aunty ot.. etsl.
<br />_.
<br />13rfore. me, a notary public qualified in said county, per-wn n3ty come
<br /> Milan D. eish, Prnaits`rnt of
<br />_~ i•iisi-COntlflt3Yit Enterpri BeS, I[tc. stvrf>?ratrcn
<br />known iu c [o be the Lresi<irnt and [derttical person wlro sign eel ttte lun'gutng msiruma=nt. sad nuanuwh•dgtxt the e•rwvnan
<br />'
<br />°'
<br />~.1
<br />_. thercraf t.-_ r~
<br />ji>~.wargftAH 4(f1~+7~sd n+ such officer and the. vuluetGtrv nut anz! deed ut .+vxd a°.trinrrattvn sold that tts +~,r~
<br />parata s- was
<br />autho rity.
<br />y~~ ~
<br />Yhand an~nt,titrt~al7 e~ea1 on. .. Ju).~r 8r 80
<br />19...
<br />i
<br />': ~ f+SY catnmission nxpires_... ......._~t..~T_.. _
<br />t9..~"1... .. ~~~ ~ r ,rx . ~~ ~ ivotary Puialic.
<br />t I~
<br />,•_ C STATE OF
<br />......_.._.._ ......... ..... ................ _ Entered ott numerical index and tihaf fur retard
<br />av
<br />
<br />~'~ ~ Caunfy ......._......... _ ................ _.. .. .. .. .
<br />_. j in the Register ut Deeds Oltice of said County the
<br />......, ...-._.._.day nf..._.. ._ ..._-_.-.__.. _. _... 19..... __.., at ._ ......_.....-..__......o'dodc and_.. .minutes .... .. hi.,
<br />`noel retrordr-t1 is Etook ....... .............._ ____ of._ .__..,._.. _.._ .. at page... ...
<br />................... .Reg. u[ Dr.•ods
<br />RY- - - Deouty
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