Laserfiche WebLink
r~ <br />I <br />,~ ,. .. <br /># 81 _.__U~~.15i?? <br />t <br />?tGRI~NT Tp SIIBaRDZNATE A SBCONLt <br />s _ REAL.- ES'TA'TE MORTGAGE At3D Tt~ PROVIDE FOR: <br />~ A PARTIAL RELEASE OF SUCH-MORTGAGE <br />THIS AGBEEtdENT, i$ made and entered into-this 2bth <br />Bay of March, 1981, by and between Town & Gauntry Realty of <br />Grand island, Inc., a Nebraska Corpoorati hereinafter called <br />;fie "Corporate Mortgagor", and Jerry ~.>Airtin anfl Marjorie M. <br />Merin, Husband and Wife,y of Hastings, Nebraska, hereina.€ter <br />. y ~.v..~ a L ~' <br />called the "Misrtgagtsr", and 'Randall K. Bowen of Clintan, <br />P~Iissouri, hereinafter called the "Mortgagee". <br />6IHEREAS. the oarti.es hereto made and entered into a <br />certain second resi estate mortgage from the Corporate Mortgagor <br />and Mortgagor to the :Mrtgagee dated November 24, 19$0, filed <br />in the Register of Deeds Office of Hall County, Nebraska, as <br />Document tdo. $O-Qfl69fl2, secured a certain debt of the Corporate <br />Mortgagor Co the Mortgagee by giving a ;eeand real estate mortgage <br />on Lots One (1), Tw+o {2}> Three ;3) and Four (4) in Lindsay <br />Subdivision to the City of Grand Island, Flan County, Nebraska, <br />and <br />+>#"ciEREAS, the '°lortgagor and Corporate Mortgagor. secure <br />the first seal estate [~4rtgaF~.e on the above described property <br />from First Savings Co~any cf Grand Island, Grand Island. <br />t~ebrasua, vn tvember 2~, 19$c~, i;s the s.~ of Two :1L:.dred <br />Thousand 13ollars {~ZG(3,Oflfl.tlfl} . which is recorded as Document <br />fit?. $fl-flfl6$Z3 in the Kegister of Heeds Office of Hall County, <br />'.dedmraska and is alien prior and superior to the second real <br />estate aaQrt,gage between the parties hereto, referred to above, <br />aAd <br />iiliEREAS> in order to obtain necessary additional <br />construction Funds, the Mortgagor and Corporate Mortgagor desire <br />. t~ bares ;;: a ~~ tio~al Seventy-five ?'housand I~allars C~75 , flflfl . flfl) <br />f tine First Seva~gs Co~-any of Grand Island, Grand island, <br />rx.a,-and to inereese their indebtedness to such cot~any <br />tea- a trrstal o€ "t'~uar Hu~-dred, Seventy-five °Thausand 17ol1ars <br />~,~. P1u$ hest t€,erea i.n accordance with a certai~-~ <br />d F~€isss~rp Note axtc€ 2rtgage, anal <br />