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<br />'T'ins mortgc ntitda autdenteretl imo this 12th day at' 4~ovetnber
<br />t!1¢~_, by and bttween tsid-Continent Enterprises , inc, ~-_
<br />{hetxirtafter referred to as matgttgor} and Cammcrcial Nations! t3ank and 'Trust Company
<br />(hereinafter referred to as
<br />martgtt~te}, who maintains an office and place of 6usittess at 424 t~ta~t Third street in Grand Island,
<br />tfatl County, Nebraska.
<br />WlTtETH, that for the consideration hereinafter staled, recdpt of which is hereby acknowledged, the mortgagor
<br />htt~by tom, stir; great, assign, and convey unto the mattgagrx, its suaxssors and assigns, all of the fol-
<br />lowing afttscrlbed property situated and being in the County of Hall
<br />Start of Nthraska.
<br />Lot Ttaertty-Five (251, Block Seven (71, pnit One Continental Gardens,
<br />an Addition to the City of Grand Island, Ha11 County, Nebraska.
<br />argether with alt the tettements and appurtenances thereto belonging, all the rcms, issues and profits thereof, and alt
<br />tents, rights, royalties, mineral, oil sad gas righu attd profits, water, water rights, and water stock, and including
<br />ail heating, plutrtbing, refrigeration, lighting, equipment sort ail fixtures of every description belonging to rho
<br />ttaartgs-gor now or hereafter attaehtd thcrtto ar used in connection with the premises herein described and in addition
<br />thercta the fatkrwirtg described properties which arc and shalt be deemed to be fixtures and a part €~f the realty, and
<br />~= ,~ ~ t'_a ~= f=~ t~:~-~s lx_r stag= (If tom: start ..~„1 Nonce
<br />7`a have ei~ to hold the saute unto the Mortgagee, as heroin provided;
<br />The tt>r is lawfully seitecl and p~ of and has the right to sdi and convey said property; that the
<br />seme i$ free. Rwm all enctunbrantxs e3tcept as hereinabove recited; and that Mortgagor covettaats to warrant and
<br />dsfer:Ft iM dtk aforesaid thereto and every part thereof against the claims of all persons whomsoever.
<br />1'lfia ittSVUmettt is givmt to secure tht payment of a promissory note dated No~~q¢er 12 . 1981 _
<br />in tht: t~ttplpal stmt of 4~}~ - ilA~- ~ . sitz~ ~i _._
<br />is hshaif of Mid.•t'_enfir~nt it7Rt3ti~t'ita~ns, I~tfR- ...._._
<br />alas, as such rKtte ar notes may from time to time be modified, renewed or extendtd in writing.
<br />In the evrstt ~ Ht~ to said real date is transferred, or convected to be transferred, from the undersigned far any
<br />C#II11i+111a a by ~ rnethad whtetaecver, the etetiro pritxiptd sum and accrutd imeratt shall at once become due and
<br />a~t tits ekctiaa of fire holder ttaret-f, Failure to euercise this option 1xcAUSe of vensfer of title as shave stated
<br />j_~__~~~~ 'r ~= -_~`-t a w~=° ' of t :-g,.~ :~ ~,. t~ is : vtttt of an3 s#tl~#:ttnt °''~-
<br />l. ~ ~r ~ anti agree as faUows:
<br />it pity the irtass evidenC~i by said promissory note 8t the times and in the matrtter
<br />tlettrsfn, pttgvitigi.
<br />b. 1'o pay all taxes, gnu, water rates, and other governmental ar municipal charges, Fines, or
<br />far which praviiios hes not bean made hereinbefare, and will promptly deriver the officia6 receipts
<br />tht~far to the said. mortgages.
<br />r. 'l`a l~Y st~h exffsrtsss atui fete as n-ay tx incrrrrod_ isb the protocti€sn a tusin,r.~rtre e?f ~!~! t?rsx!?rte,
<br />> the ttt ~ !+; .~ 't~*}gam f.~ the 4attectiost of ani , all csf the ir+detttn
<br />~fs`e~:=ate s~sd pra€'CrtY".
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