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58-A-REAL ESTATE MORTGAGE (Corp.)-With Tax Glause (Revised t8b2} The Rosman Geoe:et Snppiy g , >'~In, ge6c
<br />I4NOLti hLL ',fEN BY THESE PRESE\TS: That Regency COn5trtlCt lOn, IRC. -
<br />a corperatinr. organized and existing under and by virtue of *.he law-s of the State of Nebraska - in
<br />eons;derat;nn of the sum of Fourteen Thousand and no/100 ---------------- noLLARs
<br />.n hand psis, dots hrreb>• SELL and cntvvEY nnto Commercial National Bank & Trust Co.
<br />of Hall County, State of Nebraska the following described premises situated
<br />rn Hdll - County, and State of Nebraska , to-w$:
<br />Lots Six (6) and Eight (8), in Block Five (5}, in College Addition to West
<br />Lawn, an Addition to the City of Grand Island, Nebraska.
<br />In the event the title to said real estate is transferred, cr contracted !
<br />to be transferred, from the underlaid for any reason or by any method
<br />whatsoever, the entire principal sum and accrued interest shall at once
<br />..become due and payable at the election of the holder thereof. Failure to
<br />exercise this option because of transfer of title as above stated in one i
<br />instance shall not constitute a waiver of the right to exercise the same
<br />in the event of any subsequent transfer.
<br />I
<br />The inu•nnnn beint* m rn .cev herebv an ah.=.o!u[e ti [le in fee simple, ~,
<br />TO FI_\l%F; A\D 7`Ot HOLD the premises above drscritwd, with all the appurtenances thereunto belonging ~~unta the said -
<br />Reaercy Construction, Ire, i
<br />ann tc' .itS heir.; and assigns forever. provider! ahvay ~, and these presents',are upon the express cronditiun that if the
<br /><aid Regency Construction, Inc.
<br />.,r a, ., -~hmt pay ~,r ean,r in be paid m the ,aid Commercial National Bank & Trust Co.
<br />sire. rx~=< ,trra. adrninisrran,r: <,r ac.i_n_,. the ;tam of Fourteen Thousand -------------Bultars, payab1e753C
<br />Xc1~r`k~~`XX'3C~3C
<br />~s$~emx>1ax~zcxx xx xx~t~cQixxxxxxxxxxxx~dk
<br />3dgdlst~xra3thtxxxxxxx~~tr~cxxx xxXxxx xx~dRx
<br />3datfax~x>:ax~cXxxxxxx~cs~cxxxxx xxxx xx~dkx
<br />- ~~f 7~FrR7t~SCXXx:{ XX X+1~4{RCxXXX XXXXX XXX:dXx
<br />~;'Phs]FtR ]d }4S{ X X X:{ X X: SLRF{ Rf: C X X X X X X X X X:{ x ~1R x
<br />x,.,~ .n:~~n-.: :..,.~ ;r. s4t3CxxXXx]€4[hr7pSfXht+XXR4CFG}tta able ~~lx.. atrurciing [o the tenor and affect
<br />~,v ;qpt a }er- •..•.a,rv ,~,~,~ or vetix6aee~€,mx~avc~eicscatm;9dxdc x6c~e~d notes of said Re4enev i:on-
<br />srt~rr~ucltpioi*.; Q~rIlCW.prd?ateQld~ 7}/31/80 or as such note er notes *na~ `tom tsme *o time
<br />mxtX.g~3tg~~,'fyF9i[Y,JC~7SR'7€7:~X*If-.r`~'+~7{?i~ a~-t~>n~•`~EI'r[i~~~ asar.smrnt.N ?r. ie4i .rpnn ;ai.. rt .rl .. sr:3tr an;t ,,tl ., r fazes, -
<br />_- - d •are t?~r- 3 unnn dt srpa;:c~ nr the nutr t. hirh the mc~rt>;a><e ~ _ urn ne ~~-r,.,.. IurrorY [he same have+mey -
<br />drtt q u.nt. ant - p . e i- i ~ or u,i pr s ui`ured Ctr [he ,um of 314 r 000.00 .lass. if an}'. payable m the
<br />~.,1 m then th, _<r~ • ~•rav to i t,~id. orhrrwisr [o hr and r maut in (,dl force.
<br />- I"i' 1S •Fl'RTHER :AG Rb:ED- ~ I, Chat ,f the .aid mortgagor shalh Eail to pav such tales nr prtavee such insurance, the
<br />said q;agre may pac . u~l: [uu•;. and procure s ui. msu ran cr: and the sums advance 1, faith intrust at 14 . 15 per
<br />=nt .hall its rt•paad i,n~ ,aid m,rrt~a;;or.:wd the n >rtya„e shad stand as security for same. ~?l That a failure to pay any uF
<br />acid r .•tther ,al ur ,nlen•,[ when the same btrn e lur, or a failuro m comply with ant• of the r["nregoing aRrer-
<br />men[s~~~shai! cause thrr :. n,dr sum ~+t mo~t,•c h,•rrin „eeurrd to bm~nme due :md collectible at ante at the option of [he vnortgsgee.
<br />IN v/7T~E5s w7tEftr-.t~F, t,,, .aid Regency Construction, Inc.
<br />'. has hoer-unw c. urd i[:.•r,rp, ~rmv scat [o br alTized .-md th~sr presrn[s to be signer! by its President and Sec. -'Press.
<br />this 31st day ut July to 80
<br />'~ SiFmed, staled and delivered ht prusrnco or
<br />Regency Construction, Inc
<br />1 ) _ . _,._
<br />_-
<br />Nebraska Hall
<br />s•rnrr_ or _, _ ._ _._._ ._ ('r,imty r.L _ _. _ _.. ....__.._ .. ......_ ... .
<br />Before ma, a nnmrP public gnalifiod in said anuuy, prnuu ally c.,une Roger GP, Lint, President and SF.an.Ley
<br />B,- Garris Secxeta -Tress er gg~nt
<br />[Regency ~onstruc~ion, ~nc. ,[r,crpnratiun
<br />{ known to me to he the president and id mticaf person who sign rrl the h~nreoint; inst ntment. and nrknuwtrdgrd the es ration
<br />thereof to he his voluntary act and duel uch o11~T~tutt¢ the vnt~rn[nrc act and died of said corpunniun and that its r~r,r
<br />I Puntr <eal arus thereto athxrri by uc , tt°~ GFtVER.S,. ,1iAR~
<br />', LNilness my hand and notanal .. - Sta~u~ty _... .. .., . 18 8 0
<br />'. A1v eomm,ssmn expires =~'~i2~-. =. 13 ~Aprll 2., >gi~~..' ~~+.~._ i. -. .t,s' -~-c,...r.-' \otary Publtc.
<br />~! STATE Of'..__..._.._....__.._._....__....__. _..__......_. ..__. i Entensi on numerical imlrs .mrl filed for rrunl
<br />~.
<br />~~. County ....._,__. .._._..._....___. _._._....___.__._.._.....__ I in tlua fiegister of Ueeds OtTice of said Cmurty Lhe
<br />'...... . ... .__.duy of__...._. _....._.._...... ._.. __...,. 19.. __..__, at. ....._....__._. ,.,.,.o'clock and.. _..,._._. _.. _. minutes _.....__-........... ~f..
<br />'~; and recorclext in Book..-.... ...__........ _. ._...oi.... ___.__.._....... .. at page,.,.. _...,. ..._....._ ._... ._...
<br />_----......... -- ----_._....._.._... .._ - Reg. of Deeds
<br />BY ._ ...... .. ......... 1)rnrty
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