68-A-REAL ESTATE MORTGAGE rp.)-Kith Tax Clause (Rev}~ 1962) 7}r. ,gay ~~ g~ty ~. ~~ Ha6r
<br />IfNOW ALL~iiEN BY THESE PRESENTS: That P,egency Construction, Inc. :.
<br />a corporation organized and existing under and by virtue of the laws of the State of Nebraska jp --
<br />rnnsideration of the sum of Fifteen Thousand and no/100----------------- (^y 15, 000.00) DOLLARS '
<br />;n hand paid, does hereby SELL and CONt'EY unto Coauttercial National Bank & Trust Co: - ~ °~
<br />j of Hall County, State of Nebraska the following deect7"bed premises siGypteiF--;- ~E- -
<br />i in Hall County, and State of Nebraska , to-wit: The- S 2£5' of` ~~,"
<br />Lot 124 and the North 30' of Lot 125, of Hawthorne Place being a subdivision o£-part of-~ ai ,
<br />' the NWt: of Section 22 Township 11 North Range 9 West of the 6th P.M. - ~ ,. -
<br />In the event the title to said real estate is transferred or contracted to be transferr
<br />from the undersigned for any reason or by any metho3 whatsoever, the entire principal s
<br />and accrued interest shall at once become due and payable at the election of the holder
<br />fiereof. Failure to exercise this option because of transfer of title as above stated i.
<br />one instance shall not constitute a waiver of the right to exercise the same in the eve:
<br />of any subsequent transfer.
<br />The infenrion beirg to convey hereby an absolute title in fen simple.
<br />TO HAVF, AND TO HOLD the premises above described, with all the appurtenances thereunto belonging unto the said
<br />Commercial National Bank & Trust Co.
<br />and to its heirs and assigns forever, provided always, and these presents are upon the express condition that if the
<br />said Regency Construction, Inc.
<br />ar assigns shall pay or cause to Ex paid to the said Commercial National Bank & Trust Co.
<br />heirs, executors. admiristraturs or assigns, the sum of Fifteen Thousand and no/100----------Sollars. payable~F[
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<br />Eh in.erest therar. ~~:':{:{X;{}z?{~}(~.},avekvy~f~~' paahie ~. acortling to the tenor and effect
<br />_, of ?9f€7€ certair. prunus;so ;~ n::te ar X~i$-~RkS€Ktti~{3tiE~c%~3bSFa~3t~~it$ notes of said Re gen ~y Construe-
<br />. lion, Inc, dated 7/17JB0 or as such note or notes tray be from time to time :codified, renewed,
<br />- or. extended in, w itpin
<br />- ~ F~anng = yen ono wan ~i*~__ ~~aty,ry; anaj >hsii p- v ati to es and assnasrr.~rts 3c=o- ~i up•_n u;~isi rvai estate and a2} other tales,
<br />le+~~ ..nd a<xssmnnls I:~vit1 us,,,n this r t a=e ,rr Ehe nute~ whirh Lhis r~artXage is- Even to sttiure, before the same '-'-ancames -
<br />j delin<luent, cad keep fhc huitdiogs on said promises insured for the sum of $ 30,000.00 ,lase, if any, payable to the
<br />I said mortgagee, then tht~e presents to Iw void, utherwtse to he and rotnain in full four. '
<br />IT [5 FURTHER AGREED. (U Thal d the saxi mortgagor shall fait to pay ouch taxes or pmaure such insurance, the
<br />said mortgagee may pay such lases and }u,xure such msuran ce; and the sum so edvanecd, with interest at 15.0 per
<br />eon( shall be repaid by said mortgagor, and this :nurtgxge shall :;rand as .security far same. ;~) "Chat a failure to pay any of
<br />i said money, either ;>rincipal ur interest when the same bevme dne, or a faihue to comply with any of the foregoing agroe-
<br />meats, shall cause the whole sum of money herein secured to become due and collectible at once nt the option of [he mortgagee.
<br />IN WITNESS WHEREOF, she said Regency Con, traction, Inc.
<br />has hereunto eausod its corporate seal to be affixed and ti><~se presents to bn signed by its President
<br />;this 17th daY of July . 1x80
<br />Signcxi, sealed -and dciiyered in presence of
<br />t ( .. ~^ J~ ~' ^
<br />......... - (,~,.hc~k ~'~.... ..e..y~>, t~Y~~-1. Re9Y Cafas:k„ruat,i.an.,. zna.,
<br />5R;KCE OF_ ...............Nebraska...... .County oi_. -. ...Hall..- ___..
<br />Before mu, a notary public qualifitd in staid county. personally come _
<br />Royer Luft, ~~
<br />Regency Construction, Inc. ~ tat}n -
<br />knawa kr muto be the President tmd identical perscm who signed the fumguing inalrur ~}~}M
<br />thereof fa be }ris vu}osier} act and dr,-rc{ as such ollieer and tlto vulunWry n,;t and deed o sm corpor n
<br />poste seal was tteeretu stf}sixt by its authority.
<br />Witness my hand and n ~pn... J.yly 17 ... 7 _ 15- SO
<br />..p~,,~, _ )
<br />h4y cnrnm}~ion expires....... ~ ~.I.. -. T9. cn -'.. li~Li..s?.-.2. ~' r ..tt-'-it st h......
<br />STATE UF._.-...-.._. _,._.. ._..._........ _... ..._ j Fyntertd on rtumcriwl indez and filed for record
<br />t ss.
<br />firounty ..___, _..___ ....._..... ..__.... - ._._....... .. j in ihs RegLctcr of Deeds Utllce of said County the
<br />....... .._.-day oi._ ._ _...._ _ ... ..._ .. .. f'J -. at .. . ... ........ o clock and. .. minutes -.... Nl.,
<br />and recorded io Bnak._. ---__....._ of..... - ... si p;age... ..
<br />_. - - - - Rea- of Deada
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