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y, <br />,z G7ame MWtman and ~fkitorr_t, Wnif, Walton, Ne. 6846I I <br />KNOW ALL MEN BY THESE PRESENTS: 8 j `U t15 ~ b 0 <br />TFlAT The- Diocese of Grand Island, A Corporation <br />a corporation organised and cresting under and by rKrtue of the Saws of the State of Nebraska H, <br />rotasidaratitott of the au+n of One Hundred Ten Thousand and NO/100-------------------- DOLLARS <br />in hand -does hereby SELL and CONVEY unto The First National Bank of Grand Island, <br />Grand Island, Nebraska <br />of Hall County, State of Nebraska the following desnibed premises situated <br />iR Hall County, and Store of Nebraska , to-wit: <br />APART OF THE WEST HALF OF THE NORTHEAST QUARTER (WANE;) OF SECTION TWENTY- <br />NINE~(29), TOWNSHIP ELEVEN {17) NORTH, RANGE NINE (9) WEST OF THE 6TH P.M., <br />IN kiALL COUNTY, NEBRASKA, MORE PARTICULARLY DESCRIBED AS FOLLOWS: <br />BEGINNING AT A POINT ON THE EAST LINE OF SAID WEST HALF OF THE NORTHEAST <br />QUARTER (W~NEo), SAID POINT BEING ONE THOUSAND THREE HUNDRED TWENTY-FIVE <br />AND SEVEN TENTHS (1,325.7) FEET WEST AND ONE THOUSAND THREE HUNDRED TWENTY- <br />ONE AND FIVE TENTHS (1,321.5) FEET SOUTH OF THE NORTHEAST CORNER OF SAID <br />SECTION TWENTY-NINE (29): THENCE RUNNING WESTERLY AND PARALLEL TO THE NORTH <br />LINE OF SAID WEST HALF OF THE NORTHEAST QUARTER (W~NE4), A DISTANCE OF <br />FOUR HUNDRED TWENTY-EIGHT (428.0) FEET: THENCE SOUTHERLY PARALLEL TO THE <br />EAST LINE OF SAID WEST HALF OF THE NORTHEAST QUARTER (W~NE4), A DISTANCE <br />OF 5IX HUNDRED NINE AND FIFTY-FIVE HUNDREDTHS (609.55) FEET: THENCE EASTERLY, <br />A DISTANCE OF FOUR HUNDRED TWENTY-EIGHT (428.0) FEET, TO A POINT ON THE EAST <br />LINE OF SAID WEST HALF OF THE NORTHEAST QUARTER (W~NEq): THENCE NORTHERLY <br />ALONG THE EAST LINE OF SAID WEST HALF OF THE NORTHEAST QUARTER (WANE,), <br />A DISTANCE OF SIX HUNDRED TEN AND SEVEN TENTHS (610.7) FEET TO THE PLACE <br />OF BEGINNING AND CONTAINING 5.995 ACRES, MORE OR LESS. <br />The intention being to convsy hereby an absolute title in fce simple. <br />TO HAVE AND TO HOLD the premises above desnibed, xtxth ot! the appurtena»ces fhneunto belonging nnto <br />the said Diocese of Grand Island, A Corporation <br />and to its hairs and assigns forevrr, provided alcuays,, and thaw prtsents are upiw the express cotEdiliatt <br />that if the said Diocese of Grand island, A Gorporat~on <br />or ~ shalt pay or cau.ta to ba paid to the said First National Bank of Grand Island, Grand <br />Island, Nebraska <br />hates, rarec~ors, admhesstrators ar assigns, the sam of One Hundred Ten Thousand 8 NDflt~larr, paya8ts as <br />fa,?tts, tom; Fift~t-Nine Monthly Inttaiiments <br />t~f ~i,531.2f1 Including Prit#ci-pal And I~ti~,x~tes9~cxxxxxxxxxx~xxxxxxxxxxxxxxxxx$ <br />Tnt~rgst Gommencing December 23, 1981 It-ztlaKSCxinielatxxxxxxxxxxxttug~ctc~exxxxxxxxxxxxxxxxx$>~c <br />And-One Final Installment of $105,656.39 xtaxxtatcolatxxxxxxxxxxxtta9xtgRxxxxxxxxxxxxxxxxx~tt~c <br />ate And Payable On November 23 , 1986. ,xxxxxxxxxxxxatoycttjtxxxxxxxxxxxxxxxxx$ar~x <br />F ] Ra,y~ign~t~~ js A Balloon And Lender :Dntteltxx+>rxeiitxxxxxxxxxxxttaygy:xxxxxxxxxxxxxxxxxx>S~c <br />~f~1tagC~ ply, cant per onnnm, papabte monthly ~+1GMlitt/Ir, according to the tenor <br />and a~`trt of the promissory Hate with interest coupons attached of said <br />bearing even date with these prssaats and shall pay al! tares and assessments levied npun said real es-ats and alt other <br />tares, levies and assessinsnts ttuisd upon this mortgage ur the note which thit martgage is given to secure, befarr the <br />mma btcattW dstaquewl, attd hssp the buildings un said premises inswred for the sum of $ 110,000.00 ,toss, if <br />aay, payola lo--the so_id ~attgagss, then these prassats tv be veil, otherwise to be and remain in full force, <br />~r C~ f~ItRTXtsR AGREfsD, (r) That if the said mortgagor shall fail to pap such taxes or proewre snch nuur- <br />ance,the mid marfgagas may pay ,tech taxes and procure such insurancs; and tht sum so advanced, with ixterest at <br />per cent shd- be rtpoid by said mortgagor, and this mortgage shalt staeul as security for mma, (s) That <br />a failwre to pay a»y of said moaay, either principal or iattrsst when the same beagma des, or a failkra to comply with <br />any of the foregoing agreements, shall taust the whole sum of money herein secured to become due and coUeetable <br />at ante at the option of the mortgagee. - <br />!1~ WITNESS WHEREOF; the said <br />tWS bers~Wo caused its carparats seat to bs ajisrsd and than pretexts to be signal by its <br />this. 23rd. day of November A, D. ,g 81 <br />Sighed, sealed and delivered en prastnca of <br />THE DIOCESE OF GRAND ISLAND, A CORPORATION <br />......................................._........_...........,. .,.GRA~lD ISLAM..NEBRASlE~1---••----.....__......,..._,...................,.... ....._... <br />......................................................................... (1(,a~~~4~-~ t~~~t~~~....~ <br />...........THE"MOST RED... ENEE...-T'..MGN4ft,4;"8'rc .. <br />isiSHvP Or" GRAND ISLAND. NEBRASKn. <br />