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<br />58-A-REAL ESTATE MORTGAGE (Corp,)-With Tax Clause (Revised 1962) 2Le Hvdmev ~ .t Sapyty pum, Liaeolo, Nds, ,
<br />KNOW ALL MEN BY THESE PRESENTS: That DeVille Homes, Inc, ~~~ ~ ~ ~ ~ ~ ~ "
<br />j a prparation organized and existing under and by virtue of the laws of the State of Nebraska in
<br />consideration of the sum of Thirty Thousand and no/100 =--------------------------------~gy7:4RQ j
<br />in hand paid, does hereby SELL and CONVEY unto Commercial National BAnk & Trust Co,
<br />l
<br />'':~ of Hall County, State of Nebraska the following deecribe~ premises aitaated
<br />~. ;n Hall County, and State o£ Nebraska , ~~; Lot Thirty-!
<br />'.. one (31), Potash Subdivision, Hall County, ,.ebraska.
<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 princi-?
<br />pal sum and accrued interest shall at once become due and payable at the election of the!
<br />holder hereof. Failure to exercise this option because of transfer of title as above j
<br />stated in one instance shall not constitute a waiver of the right to exercise the same
<br />in the event of any subsequent transfer. !
<br />The intention being to convey hereby an abs:ilute title in Lee simple.
<br />TO HAVE AND TO HOLD the premises above described, with all the appurtenances thereunto belonging unto the said
<br />DeVilles Homes, Inc.
<br />and to its heir and assigns Forever, provided always, and these presents are upon the express condition that if the ~
<br />said DeVille Homes, Inc.
<br />or assigns shall pay or cause to be paid io the said Commercial National Bank & Trust Co. , Grand Island,
<br />Nebraska i
<br />heirs, executors, administrators or assigns, the sum of Thirty Thousand and n0/100 --------- Dollars, payable liK ~
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<br />with interest thercron z1F3tx payable ~, according to the tenor and e$eet
<br />of td47t a certai>aromia_~ry note or notes of said DeVille Homes, hyc
<br />dated 9/12/80 or as such note or notes may be from time to time modified, renewed or ext~nt3ed
<br />izi .writin^ and shad :a I [axes and assessments levied u
<br />btam[atR - - - - - - 1 "Y a pon said real estaie and all other taxes,
<br />testes and assessmettis Sevir-et upon this rn•ut;ake or fhv~note- yr hich this mortgage is given to secure, before rho same barnm~t
<br />delinquent, and keep the buildings nn said premises insured for the sum nt $ 30,000.00 !mss d any payable to the
<br />said mortgagee, Shen these presents to be void, otherwise to tm and retrain in full force.
<br />IT IS FURTHER AGREED, (1) That if the said mortgagor shall fail to pay such taxes or procure such insurance, the
<br />said mortgagee may pay such taxes and procure such insurance; and [he sum so advanced, with interest at 14.75 per
<br />ce.d ,haH Ex ;aid -_: .___.._ .,.. ............... om.. _
<br />rat - - `!:a e °hs!! _ d ^. .;ty fem. s__ i91 That a failure to nav env of
<br />said money, either principal 'or interest^when the same hea>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 become due and collectible at once at the option of [he mortgagee.
<br />IN WITNESS WHEREOF', the said DeVille Homes, Inc•
<br />has herew;to caused its cogwraie sea! to be affixed and these presents to be signet] by its Secretary Treasurer
<br />' Stria 12th day o[ September , 1990
<br />Signed, sealed and delivered in presence of '
<br />~~'~ DeVille Homes Inc
<br />{ yp ~ J/~'
<br />Nebraska Hall
<br />~T'ATE OF._ .. ................. .... .....__.._......._. County oL_.._..... __.._.,...._.........._........ 7..__... -.
<br />s
<br />Before me, a notary public qualfGed in said county, l,eruat akly came. ~ _t ~ irti ~ ,l.v... ~. /,t,
<br />• - ~ Secretary~Treasurer {+wsi3~iof
<br />`DeVille Homes, Inc. , n wrporatton
<br />known to me.to tee the, pcsident and tde t:cal perv>~io,ff~q~d.,the foregoing ina.trumenL and acknowledged the execution -
<br />theseof to be his volunkary act and deed such oQt ~ t lacy ack and uecxi of lard •orporetion and that its +.vr-
<br />poram seal was thereto athxed by tta a nty. ta -`icKAL NJl AdY --,
<br />Witness my hand and notanat 1 ,: SMn .'.~~.. _ ... _ ... (9....80.. ~.
<br />~j.oMllYton Fxpsk .... ..
<br />Aty commission axpiana.~,.~.~... t :tr. ?~ 1; ~ 19...> i~`A 2Y. 'a81 .:„s_[~ fs- ~ ~ 2 t 5 . '~~...... Notary Public.
<br />STATE OF.___..._..._,........_.__...._..._ .............. ._._._ ~ Entered on numerical index and filed for record
<br />Cortnty ~ ~~ in the Itegiater of Dec~vls Uflhe of said County the
<br />... .....___.__dqy ot....._... . _.._ .................... ... 19_.... _... .. at ._.._......,.--.--..o'clock attd.._.._.. .... .--....minutes.. _. ..___--. M., ~.
<br />and retxtrded in hook.-. .._ .... . .............nf... ....... .... _.._ . nt page-.....
<br />_.__......_.. .. .. Reg. ~ D~'fla
<br />By. LTetntiv
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