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REAI, PSTATE MoKrcACE 81 w() (i 3 "~ f3 <br />I(Nl'1W Ai T• MIQd BY THESE PRFSFNIS: <br />That Plaza Square, a general partnership, organized and existing <br />under the laws of the State of Nebraska, having its principal office in <br />Grand Island, Hall County, Nebraska, in consideration of the sum of Forty_ <br />Fives Thousand Five Iitnxired Dollars ($45,500.00}, receipt of which is hereby <br />acknowledged, does hereby sell arxi convey unto The First National Bank of <br />Grand Island, Grand Island, Nebraska, of the County of Hall, of the State <br />of Nebraska, the following described premises: <br />Ir~ts Five (5), Six {6), Seven (7), and Eight <br />($), Block Sixty-Seven (67), Ori7inal Town <br />of Grand Island, F~I1 C""^-t'r , c~raska, <br />the intention being to convey hereby an absolute title in fee si.t**~le. <br />To have and to hold the premises above described with all apur- <br />tenances thereto belonging unto the said :mrtgaaee, and to its successors <br />and assigns forever, provided, and these presents are upon the express con- <br />dition that if the said mortgagor, its successors or assigns sF~.li pay, or <br />cause to be paid, to the said mortaagee, its successors or assigns, the <br />principal sum of Forty-Five Thousand Fire f~red_DOllars {$45,000.00}, pay- <br />able six months from the date hereof with interest at the rate of Eighteen <br />Percent {18~} per annum, acconiing to the tenor and effect of the mortgagor's <br />written Promissory Note bearing even date with these presents and shall pay <br />all taxes arxi assessments levied upon said real estate and all other taxes, <br />levies and assessments levied upon this mortgage or *~ note which vhis mort- <br />gage is given to secure before the same become delinquent, than these presents <br />to be wid, otherwise to rgnain in full force. <br />Im IS FVId'E~7' ~I'_''"`J: <br />1. That if the said mortgagor shall fail to pay such taxes, the <br />mortgagee may pay any such t~-sxes a-xi the su^: so advanced with interest at the <br />m3xi.tcaun amount a11vwable at law shall be prepaid by said mortgagor and this <br />rmrtgage shall starx3 as security for the sane. <br />2. That a failure to pay any of said money, either principal or <br />interest, when the wire becomes due, ar a failure to cai*ply with any of the <br />foregoing agreements sha12 souse the whole sin of money herein secured to be- <br />eon~ due and rollectible at once at the option of the mortgagee. <br />Dated this 10 day of July, 19$1. <br />°I~ZA ;~A{ ~E. ?' F1FMiIEftSHIP <br />R.E. S when --- <br />,~-r-:.2 - ,-~ <br />_._ ~ . ~IIaLYI / - - - <br />.-~~_ - r .r -r-~ ~= <br />~t~lvin A]ms _ ~ _-- <br />M,I ~-C(YdT'I~]~7P ENTERPRISE , INi . <br />1 ~ r~ ~ <br />~~ <br />BY ) ~ ~ ~' t~ <br />~__ `i_~ ___.__..__. <br />M~~- nrert <br />