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<br />thence deflecting right 94° 00' 30" aced rtnttei~ south-
<br />easterly a distance of 2$$.85 feet: thence deflecting Left
<br />56° 26' and running Northeasterly a distance of 231.81 feet:
<br />thence deflecting right 29° 53' 40" and running northeasterly,
<br />a distance of 248.63 feet: thence deflecting left 38° 35' a;xl
<br />running northeasterly, a distance of 92.03 feet: thence
<br />deflecting left 19° 11' 20" and running northerly a distance
<br />of 180.9 feet: thence deflecting right 88° 30' 20" and
<br />running Easterly, a distance of 478.43 feet t° the East line
<br />of said Section 14: thence Southerly along the East line of
<br />said Section 14: a distance of 995.9 feet to the place of
<br />beginning and containing 19.232 acres, more or less.
<br />Tract 4: The Southeast Quarter; the Southwest Quarter; the
<br />Southwest Quarter of the Northeast Quarter; and the Southeast
<br />Quarter of the Northwest Quarter, ALL in Section fi, Township "
<br />12 North, Range 12 West of the Sixth Principal Meridian in
<br />Hall County, Nebraska, containing approximately 388 acres,
<br />more or Less, according to government survey,
<br />together with all improvements thereon, including but not limited
<br />to fencing, irrigation pumps, wells and equipment, and all related
<br />apparatus, fixtures, appurtenances thereunto belonging and other
<br />similar improvements, and all covenants and all title deeds run-
<br />nings with such Lands; and all rents, issues and profits thereof
<br />arising therefrom after default in performance of any covenant
<br />and condition herein contained, and all water rights and easements;
<br />the intention being to convey hereby an absolute title and fee
<br />simple and to convey-all and every right, title and interest of
<br />such Thxner Grain Company, Inc., a Corteration, in and to such real
<br />property. The I~rtgagor does hereby eovenant with the Mortgagee,
<br />its successors and assigns, that it is lawfully seized of said
<br />real estate; that such real estate is free from encumbrances
<br />excepting a certain mortgage given to Metropolitan Life Insurance
<br />Company dated August 24, 1975, and with that exception, they
<br />warrant and defend said premises against any and all persons
<br />whomsoever.
<br />T'0 HAVE AND TO HOLD, the premises above-described with all improve-
<br />ments thereon, including but not limited to fencing, irrigation
<br />gvmgs, wells and equipment, and all related apparatus, fixtures,
<br />appurtenances thereunto belonging and other similar improvements,
<br />and all covenants and all title deeds running with such lands;
<br />and all rents, issues and profits thereof arising therefrom after
<br />default in performance of any covenant and condition therein con-
<br />tained, and ail water rights and easements; belonging unto the said
<br />The First National Bank of Grand Island, Grand Island, Nebraska,
<br />and to its successors and assigns forever, provided always, aced
<br />these presents are upon the express condition that if the said
<br />Mortgagor, its successors or assigns, shall pay or cause to be paid
<br />to The First national Bank of Grand-Island, Grand Island, Nebraska,
<br />its successors or assigns, the sum of 'PHREE MILLION AND NO/100
<br />DO3.LAR.~i ($3,000,00O.OOj, plus interest, aii according to the tenure
<br />and effect °f a certain promiss°ry note of the Mortgagor bearing
<br />even date with these presents; shall pay all taxes and assessments
<br />levied upon such real estate and all other taxes, levies and
<br />assessments levied upon this mortgage or upon the note which this
<br />mortgage is given to secured before the same becomes delinquent;
<br />shah keep the imgrovements on such reai estate insures where
<br />insurance is applicable and shall not permit or commit any waste
<br />on such real property, then these presents to be void, otherwise
<br />to be in full force anti effect.
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