<br />
<br />FOR VALUE RECBTVffi, undersigned, Dean R, Eric3c~n and Naomi. J. Eri_'::-on,
<br />Husbzrxl and Wife, hereby sell, ass"±an, a~+rl }ran~fer xsntc TfO;` ~?QD !+LATIONAJ:.
<br />BANK ~' GRAND ISLAND, Grand Island, Nebraska, all our right, title and interest,
<br />in and to a certain Przattissory Note dated Tamer 22, 1979, for t~ amount of
<br />Forty Four ~usand 2tr~a Hundred Fifty Nine and No/I00 ib11a~-s {$44,259.00) , the
<br />terms of wfiich are as follows:
<br />$5,000.00 payable annually in 13 equal installments on January 2
<br />of each year beginning on January 2, 1981; which installm~tt
<br />includes and shall first be allied to paytrent of interest at
<br />the rate of six percent (6$) per annum with the balanoe of each
<br />payment being applied to principal.
<br />7.2ze payt=ient of the note is seciar~l by a purchase ' irortgage
<br />upon an undivided I/6 interest in and to Lots One (i}, Two (2},
<br />Ihree (3}, FOUr (4}, Five (5), Six (6), Seven (7) and Eight (8)
<br />in Bels Subdivision, City of Grand island, Hall County, Nebraska,
<br />ex~uted also on December 22, 1979.
<br />'fie undersigned, Dean R. Erickson and Naomi J. Erickson, Husband and Wife,
<br />hereby sell, assign, and transfer unto 'III OVII2IAND NAfiICNAL BANK OF GRAl~ID
<br />ISLAND, Grand Island, Nebraska, all our right, title and interest in and to
<br />the Feeal Estate Mortgage dated Deca[i~er 22, 1979, for the aimimt of Forty Four
<br />~usand 4to Htmdr+ed Fifty Mine and No/100 Dollars ($44,259.00) which secures
<br />the above described Px~nissory Note, which shall beccxae due on the 2nd day of
<br />January, 1993.
<br />This Assignment is given to secure tl~ payment of the indebtedness of the
<br />undersigned to 2ise Overland National Baiilc of Grand Island.
<br />It is further agreed that this Assignment shall be hindiixt upon the
<br />successors and assigns of the Assignors.
<br />Dated this ~ day of , 0•
<br />Dean R. Erz
<br />~14~1'i~', i3F Y[~cu'=c) ~ME~MSf~IUM_t
<br />} .MI~iRLiU~AIi
<br />COUNTY OF HALE, ) Y~0~~,3s,Ow7.~llt
<br />Before me, a Notary Public qualified for said Oounty, personally came
<br />Dean R. Erickson and Naomi J. Erickson, Husband and Wife, krx7wn to me to be the
<br />identical. persons who signed the foregoing instrument and aclaxxaledged the
<br />execution thereof to be their wluntary act and deed.
<br />Witness my 'r~arxi and Notarial Seal on ~ . ~ 1 _, 1980.
<br />f
<br />///~~' r'/y~ ~/ Public
<br />MV ~Y {£~SLCNI P.~Nl_~8 7 \7 P~ ~ ( (~
<br />
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