|
e
<br />IQQ e -~r)~.CiO ~rlryerGy/
<br />This mortgage trtade and entered info this ~ 5th day of - Janttarv `y' 1 ""~U 1 2 [
<br />14"$~ _.' by and btfwctn Mid-~antinent Enterprises, Inc.
<br />(hereinafi;n referred to ag mortgagor) and ~;ommercial Rlationai Bank and Trvst Company
<br />(hereinafter referred to as
<br />mortgagee), who maintains an office and place of business at 424 W: '1'ltird street in-Grand Island,
<br />Hail County, l~ebtaska.
<br />tMt7±vE5SE'rtt, that far the rnnsideration hereinafter stated, receipt of which is hereby acknowledged, Ehe mortgagor
<br />does hereby ttaartgagt, sell, grant, assign, and convey umo the mortgagee, its successors and assigns, all of the fol-
<br />tiswittg described property situated and being in the County of ball
<br />State of Nebraska.
<br />Lot Thzee (3}-, Block Seven (7), Onit Qne Continental Gardens, an Addition to
<br />the City of (rand Zsland, Hall County, Nebraska.
<br />together with all the tenements and appurtenances thereto belonging, all the rents, issues and profits thereon', and all
<br />easeretertts, rights. royalties, mittetsi, oil and gas rights and profits, water, water rights, and water stock, and including
<br />ail heating, ptumbirtg, refrigeration, lighting, ettutpment and alt fixtures of every description belonging to the
<br />mortgagor Raw or hereafter attached thereto or used in eannection with the premises herein described and in addition
<br />thereto the following described progenies which are and shah be deemed to be fixtures and a part of the realty, and
<br />are a portion of the ses~urity €tx the indetnedness her tin stated. (lf none, state "none") None
<br />To hart and to hold the same unto the Mongagee, as herein provided:
<br />Tht mortgagor is lawfully seized and pcxssesced of and has the right to sell and convey said property; that the
<br />sattx is tree from ail encumtxanexs except ac herrinabove recited; and that Mortgagor covenants to warrant and
<br />deferui rite title aforesaid thereto and every part thercot' against the claims of all persons whomsoever.
<br />Thas ia;trutet€tti is given eo aec-tire t3tt psyenetrt of a promissory note dated Januazy 5, 1981
<br />in the principal sum of S 54.6€fO.tTO __~, signed by Milan D. Bish, President
<br />in behalf of ,~ __ Mid-Continent Enterprises, inc.
<br />alp, es note or notes try from tithe to titrtz be modified, renewed or extended in writing.
<br />Ira t~ event tht title to said real estate is trsursferrcd, or contracted to be transferred, from the undersigned for any
<br />m' by >u-y method whatsoever, the entire principal sum and accrued interest shall at once become due and
<br />payt~3c itt the ettstion of the holdtr hereof. Faiitue to exercise this option because of transfer of title as above stated
<br />hz ~ -sh+t~ rEa2 coffititnte a waiver of rite right to exercix rite sanse in the event of arty subsequent transfer.
<br />!, Whit tt~or cvstr'!s and aG-'~ as follows:
<br />a, To #t +~+ini?' ttaY ~ u~ evidenced by satti prttmi.X~ory note- at the times and in the manner
<br />t!. To pety all taxes, araessroeats. warm rates. and other governmental or munic[pal charges, fines, or
<br />irzt~ttaitioas, for-which provissext has not beery made hereinhefore, and wilt promptly de}iver the official receipts
<br />ttrfor tra the acid ttnxtgngc:.
<br />c. fire pay st~h c~tpcnsts amt fees ac may be itt~~ztrred itt the prttttttioit and maintenance of said progeny,
<br />i ttttt ftwes ttf arty attatnv;y ttttpitrycd try the ~nt~agrr fcrr tht cofle€tion of any or ail of the indebtedness
<br />iter+rtYY s+rcutest, atr tdr+rs,-f~ure b# m»rtpapat`s rafe. err ccutrt prr~redings, rtr in any r,ther thisati«n or t,rcxeedintr
<br />aff~;rirst; yt!wd prast'~r'tr'.
<br />
|