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<br /> <br />12sis bliurtgage is entered into betvr~een la. D. BARTI~ and <br />BAXf~, and ~T3fe, (hea~ein '7rkartga~or"}, arbd 'fII~ <br />Nlfi'If.NAt. HAP1K C~' GBABID I3I,At~.1, Grand Island, itebraeka (herein "l~rtgagee"}. <br />l~n°tr is indebted trs ~artgagee as evidenced by s~Iaexs~a.7: <br />gssarsrrtee of the d+~t of Five B Corporation dated February 1, 19'PS, <br />This mortgage in the amossrst of Two Fiimdred Tlxwsatsd and Ido/100 Dollars <br />(~Z00,000.00} is given as security far the personal guarantee of Ialterne D. <br />Boater and Baxter. Adartgagar clues hereby mortgage and caonvey to <br />lNartg~ee the fallaa-ing described property located in F£sI.1 Cotuaty, lVetrx: <br />Thirty (~} acres located ir. the Sonthaest Quarter of <br />the 3outhiaest Quarter (~}~}} of Sectiars 'ihirty-'Three <br />(33 } , Tbwnstsip Eleven t 11 } *7arth, Range 'T'en (la} Rat <br />of the 6th P.~., FFall G'nsntg, l~etaraska <br />and <br />Ttse Aioi'th Crne Half of tt~ Faarthv~Tt Quarter {N3~N@Y}} of <br />Sectiats pour f4?, Township Ten (10} North, Rarsge T~ <br />(l0} t of the 5th P.il., N,a:,l county, ?Yetsras~. <br />Together with alI buildings, i~smvanents, fixtures, streets, <br />alley~~, ys, e~rsts, rigtst_s, pri*~-ile and appurtes~rsc~s <br />Located ttserccxtl ar in any~lse pertaining thereto, and the rents, ssir~ <br />:anci pxvfits, reversions and r~rsainders thereof; includinK, knrt not limited <br />Ca, heating a~1 cxaoling equipmr~st :apd such pea~sonal property that is <br />attac2se~d to the i.sssFar+cav+rsaents sa as to :~mstitute a fixture; all of which. <br />#nclsffiir~ r~rlssersae~rst.; and additicxss~ therein, is hereby declared to be a <br />part of the real es±ate 4ecured ~ the lien f this Mortgage and all of <br />the farngaisrg being referrt.d to hen.in as the "P:isperty". <br />gartgagor further i~svenant~: and agrees, ssith Fiartgagee, in <br />t#se e7resst Five B Carpcarstion defaults cxs the ahcave described ante, as <br />follas~ <br />I. Pa}gent. Tr± y the indebtedrsess and tine interest thereon <br />as faros-id~3 in thzs ~iartga~ ac~i the "+ate. <br />2. Titie. lbrtgagar is the owner of the Prrai>erty, has the <br />rigkt actl autharit;F La mortgage the Frrty-, aril warrants that the <br />Tiers c;reatesd txa_r i.s a first and prior Tien an the Property, except <br />as mas otherwise be set forth herein, <br />The Pr~pertt* is s-ssbj€:ct to a °iartgage uiserein the <br />Fsal IAnd Beurtc CiatltNY is the Mortgagee, reoardeci at Book 151, <br />Page 63e3 0# the Mcar*_gage fieaords of -Hall County, ?Vebra_~ca , which Mort- <br />is a lies prior to tt~ Tien created hereby. <br />the Ftaperty is subject to a Sec~and l~artgage wherein the <br />1'axmet~ Fume r3d~rinastration is the ~rrtga, dat~i "a>g~t 9, 1879, in <br />the originat. arno4srst of Ckre Feri Seventy 'flxarsand atr&2 Na/I00 Ibllars <br />i~17L',aaU.~} rec~tsrclyd at i;;ac-sssent 'v'e,. 79-tX351~f caf the'~rtg Records <br />of F~11 t aunty, '_ti~taraska, wtsich ~brtgage is a lien prior to the lien <br />creatEt3 hQret;y . <br />3. its. To pay when dsse all taxes, special <br />s anti all other ~ against tt~z Property and, upon written <br />~ Lc> add to the pgym~ts s+equired under the :Nate <br />~ ~Y= suck's amst as may tae sr,~ficierst to enata2e the MarLgagee <br />tq Fasy taaoes, is or other charges as they became dt~. <br />9: fsr. To keep the ir7praVtIitS now ar t~s-~fter <br />1cs~ted ~ tE>r real e~rtate deribed herein irs~ut+eci against ~ by <br />flr~ affi ~ cxther h~ as l~t[srt may require, fn amounts and <br />