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g~.,._ uG56'~3 REAL ESTATE MORTGAGE KNO1~1 ALL MEN BY frdESE PRESENTS: That Plaaa Square, a general partnership, organized and existing under the laws of the State of Nebraska, having its principal office in Grand Island, Haii County, Nebraska, in consideration of the sum of Far_tY Eight Thousand One Hundred Dollars ($48,100.00, receipt of which is hereby ac nowTeaged, 3oes he- re~eTl and convey unto The First National Bank of Grand Island Grand Island Nebraska, of the County o Ha o t e State o~e~rasTca- t~Ol ow~nT-"' g iescri~ed premises: LOT FIVE (5) AND THE WESTERLY ONE THIRD (1/3) OF LOT SIX (6) IN BLOCK SIXTY-EIGHT (58) IN THE CITY OF GRAND ISLAND, HALL COUNTY, NEBRASKA, AS SURVEYED, PLATTED AND RECORDED. the intention being to convey hereby an absolute title in fee simple. To have and *_o hold *_he premises above described with all apur- tenances thereto belonging unto said mortgagee, and to its successors and assigns forever, provided, and these presents are upon the express condition that if the said mortgagor, its successors or assigns shall pay, or cause to be paid, to the said mortgagee, its successors or asSiglns, the principal sum of Fart Ei ht Thousand One Hundred Dollars 48 100.00), payable January w t interest at t e rate o n~-Irercent 19'x) per annum, according to the tenor and effect of LTie`mortgagor s wr lien Promissory Note bearing even date with these presents and shall pay all taxes and assessments levied upon said real estate and all other taxes, levies and assessments levied upon this mortgage or the note which this mortgage is given to secure before the same become delinquent, than these presents to be void, otherwise to rea~in in full force. IT IS FURTHER AGREfD: 1. That 'if the said ~r~rtgagar shall fail to pay such taxes, the raartga~iee may pay any such Mixes and the sun sa advanced with interest at the maxims aa~unt allcble at law :hall ;~d prepaid by said %~Ptga.~,~ar att€i this mortgage shall stand as s€~urity far the same. 2. That a failure to pay any of said money, either principal or interest, when the same becomes due, or a failure to comply with any of the foregoing agreements shall cause the whole sum of money herein secured to became due and collectible at once at the option of the mortgagee. Dated this 5TH day of NOVEMBER 1981. PLAZA;$Q, j A ~ L P~'1'NERSHIP '~lr~ =~- ~_~~_- . L All OF tHE PARTNERS