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56-A--REAL ESTATE MORTGAGE , r•p.}-With Tax Clause Huffman and Felton & Wolf, Walton. Ne. 68461 .riri KNOW ALL MEN BY THESE PRESENTS: Thst Wiltgen Corporation #2 a corporation organized and existing under and by tiirtue of the laws of the State of Nebraska iA eonaideration of the sum of Forty Thousand and no/100 --------------------------------- DOLLARS in hand paid, does hereby SELL and CONVEY unto Commercial National Bank & Trust Ca. , Grand island of Aall County, State of Nebraska the following described premises aibtated -- ut Hall County, and State of Nebraska , to-wit; Lot Six (6) in Kirkpatrick Subdivision City of Grand Island, Hall County, Nebraska. In the event the title to said real estate is transferred, or contracted to be trans- ferred from the undersigned for any reason or by any method whatsoever, the entire principal sum and accrued interest shall at once become due and payable at the electio of the holder hereof. Failure to exercise this option because of transfer of title as above stated in one instance shall not constitute a waiver of the right to exercise th same i.rt the event of any subsequent transfer. The iatetttion being io ranvey hereby an absolute title in fee simple. T'O HAl'E AND TO HOLD the premises above described, with all the appurtenances thereunto beloogiag unto the said Wiltgen Corporation #2 ar>a to its h ~ and ~ gas forever, oanvided always, and t~tese pre~nLa are upon t~ ~grn=a coaditic_m that if t~ said Wiltgen Corporation #2 or aa+igns shall pay or cause to be paid fo the .aid Co~aercial National Batilc & Trust Co. its - ~ heirs, executors, administrators or assigns, the sum of Forty Thousand and no/100 follows, to-wit: Dollars, payable m HfOtitl[741[7{tYil %40C11~ XX1@ ~ 13~iBC56ii7Oi( 7i~lt[ 7L7~ mil[ 7tlfY]tx XXI6 ~ Is>If~6i o7i7~1[ XOgtNlf X706 13~iB[lfili}imY :0gi7t[ K108 with interest theteun payable 7ososNgttaawrding to the tenor and effect i t of the promissory cote or - notes of said Wiltgen Corpora- . 3i3 lion #2 or as such note or rotes may be fzam time to time moditied, renewed or extended j 1 rm even ¢sae with these ( bas g II pteeents and shall pay ail lases and asaeamnentn levied upon said rea! estate and all other to=ea, levies and assessments levied upon this mortgage or the note which this mortgage is given to secure, before the same becomes I delinquent, and keep the lwildings oa said premises insured for the sum of S 40, 000.00 kss, if ant. Ratable W the said mortgagee, then these presents to be wid, ofherwise to be and remain in full farce. I 1T IS FURTHER AGREED, (1} That if the card mortgagor sha}l fait to pay such taaea or procure such insurance, the said mortgagee mat Pat such to=es aact Rrocu:e such insurance: and the sum sa advanred, with iateacct at 13.75 Per I cent shall he repaid by said mortgagor, and this mortgage shall sand s9 security for aame_ (?! That a failure to pet any of 1 said money, either Prin:ipal or interest when the same F+ea me due, ar s failure to comply with any of the foregoing agree- 1 meats, shall cause the whale sum of money herein secured to become due and collectible at once at the option of the mortgagee. t IN WITISESS R'IiEREOF, tam said Wiltgen Corporation #2 President and has brxuato ur~dti its corporate seal to be axed and these presens in be ;signed by its Cllce President this 2$th day of August l9 80 . Signori, sealed amt delivered in presence of Wiltgen Cotpora~on #2 &y: 3TATfi OF . `~Zclrtt~.~ ,kt?~. , t Uounty Tare foregoing inatrunteat was at:k~w6atiged before rate `• / _: g~tt' Y~tit 3 Wi ~/ / f .t ieTiltaeri i1ic$ pzesiderit s.;...._..... ~~~JCt ? ft ~i/r L rF7~tt~' ' -~ ~. ,' ~p,I, Signature rson Taking Acknowledgn>ent wotr.tliR ~-YZ 'Pule STATE OF..._....-..._ _..__.....--_._..._ ..... ........._. ...-. } EnWr2xl on r.umrnt:ai rode: and filed fee earned i as. GWrttY _..._--_._-..-.. _„_..-_----_--_--__-...__ .__ .. i in the Regisker of Deady OIL of said County the _.... _._... _.,...-day of.. _... _..... _ ............... ... ]s_... .. ., et.. .... - o clock and-.. minutes Af., and recorded in Hook.. .__ ._. _..._._....-_... .-oL... at fsago. - i .. - - - Reg. of Dee<la i BY L>elwty