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i=37~TE~ OzRTGAGE {Corp.i-With Tax Clatme {RevtaW 1%2) •it~ 3 mat 9oypti game, ZFarda, ~C
<br />ISf3OW ALL ~1E?7 BY THESE PRESENTS: That Devi lle Homes, Znc.
<br />a corporation organized and existing under and by virtue of the Caws of the State of Nebraska iII ' -
<br />cansitlleration of the sum of Thirty Thousand and no/100------------------ ($30,000_00) C3OLLAliB- -~~
<br />in hand paid, does hereby SELL and CONVEY unto Comtttercial. National Bank & Trust Co. , -
<br />Grand Zsland
<br />of (fall (,nnnty, State of Nebraska the foClowing desenlted-premisee d- '
<br />in Hall County, and State of Nebraska , to-wit: - -
<br />Lot Eighteen (18), Potash Subdivision, Hall County, Nebraska
<br />In the event the title tc said rear estate-is transferred or contracted to be trans-
<br />ferred from the undersigne3 for any reason ar by any method whatsoever, the entire
<br />principal sum and accrued interest shall at once become due and payable at the
<br />election of the holder hereof. Failure to exercise this option because of transfer of
<br />title as above stated in one instance shall not constitute a waiver of the right to
<br />exercise the same in the event of any subsequent transfer.
<br />A The intention being to convey hereby an absolute title in fee simple.
<br />i
<br />TO HAVE AND TO HOLD the premius 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 Pre-'cents are upon thr axpreas crondiLion that if the ~~
<br />I said DeVille Homes, Inr_.
<br />or assigns shall pay or nose to be paid to the said COmmerCCal National Bank & Trust Co.
<br />heirs, execuG>rs, administrators nr assigns, the sum of Thirty Thousand dad no/100-----------d7ollars, payable ~f~.
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<br />with interest thereun~f' (?{2(gX2(2{,y~#g{tV}ft`{}ti7¢g~}[~, payable ?{(~{ according to the tenor and a&ect
<br />of the promisson• not.- or iaait,5K~~8a:LXthastiaaid2u~{e'ili3i~3 notes o£ said DeVille Homes,
<br />Inc. dated 7/16/80 or as such note or notes may be from time to time modified, renewed,
<br />or extended >_n =~-Ming,
<br />bearing even date withzthese presents .md shall pay all taxes and assP sments levied upon said rest estate and a!I ether taxes,
<br />levies and assessments Levied upon this mortgage or the note which this mortgage is given to secure, before the same becomes
<br />delinquent, and keep the buildings on said premises insured for the sum of 530, 000 , 00 ,Coss, if any, payable to the -
<br />said mortgagee, then these presents to be void, otherwise to be and remain in full force.
<br />IT L3 FUR'THER AGREED. (lj 'S'hat if the said mortgagor shall fail to pay such fazes or prrx:ure such insurance, the
<br />said mortgagee may pay such taxes and procure such insurance; and the sum so advanced, with interest at 15.25 per
<br />cent shall 6e repaid by said mortgagor, and this mortgage shall stand as secur#y Cor same. (2) That a failure to pay any of
<br />said money. either principal or interest when the same bec>me due, or a failure to comply with any of the foregoing agree-
<br />ments, shall cause the whole sum of money herein secured to boeome due and collectible at once at the option of the mortgagee.
<br />IN WCTNESS WHEREOF, the said DeVille Homes, Inc.
<br />has hereunto caused its corporate seal to he affixed and these presents to be signed by its President
<br />:his 16thday of July 19 HO
<br />Signed, sealed and delivered in presence of
<br />17 DeVille Homes, Inc.
<br />f./~7
<br />_.. ._ `, <~.+T ., . _.__, _ ._... I3y _..~{u^^=~ ......irk ~w'a= G.Gar~~.+~"__.....
<br />S'L'ATE OF...._NEbSds$a .................__-.. _._......_.._...... County of._.Hali~...._......................._.......,..i,7......::...1.: ':
<br />Aefore me, a notary public qualified in said county, personally came _.. , , , , _~ _~' ~~_ ^ _-- ?`__ ____
<br />/~ - Yresident of
<br />r'-~. _e t.C~CZ.. ~._!a`rt-rrL. t., t",~LC-~ , a corporation
<br />known N> meto be the prasidont and i enticnl perwsgt}_whq sigthe foregoing instrument, and acknowledged the execution
<br />thereof to-1>e his voluntary act and d as suety ter ~ti1 t ltvntarv actand deed of said corporation and that its tor- '
<br />NEf; l
<br />~mWi ess m hand and nc~itabyaCxts horny ~1,_ NUt ! 1 >
<br />My commiavton exI>iras. 7 ~ .... .... 19 ~ .~.1. ~~~ .. ~ t •t 1 ~,..,.__.h(rdary Yublic. ~~
<br />STATE OF.__ ............................._.__.._.._........ .._ ._. Entered on numerical indea and filed for record
<br />County in the Register of Deeds Otfice of said County the.
<br />~~
<br />_...... day of.... _. - __..... _._. ...__......... iS....-. _.. _, aE___..._.. _...-_... _..o'dock and...... .._... ...._minutes .. . ...........M.,
<br />and recorded in Book... ....._...__ .... .... ......of ...___.__. ._......_at Page_...._. ..___._.....
<br />- - - ... Reg. of Dse,Is
<br />BY~ -- Oenuty
<br />
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