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REAL ESTATE MORTGAGE g i e.. (} () 5 9 Q~ f1 KNOB ALL PAN BY THESE PRESENTS: That Plaza Square, a general partnership, organized and existing under the laws of the State of Nebraska, having its principal office in Grand Island, Hall County, Nebraska, in consideration of the sum of Forty Ei hg _t Thousand One riundred Dollars ($48,100.00), receipt of which is hereby a~ now g ,does hereby se an convey unto The First National Bank of Grand Island Grand Island Nebraska, of the County o Ha o t e State o Ne ras a, the o owing escri ed premises: LOT FIVE (5j AND THE WESTERLY ONE-THIRD (1/3) OF LOT SIX (6) IN BLOCK SIXTY-EIGHT (68) IN THE ORIGINAL TOWN OF GRAND ISLAND, HALL COUNTY, NEBRASKA, A5 SURVEYED, PLATTED AND RECORDED. the intention being to convey hereby an absolute title in fee simple. To have and to hold the premises above described with all apur- tenances thereto belonging unto said mortgagee, and its successors and assigns forever, provided, and these presents are upon the express co rvition that if the said mortgagor, its successors or assigns shall pay, or cause to be paid, to the said mortgagee, its successors or assigns, the principal sum of Fort Ei ht Thousand One Hundred Dollars 48 100.00), payable January , wit interest at the rate o N neteen Percent (19%) per annum, according to the tenor and effect of t e mortgagor s written 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 remain in full force. IT IS FURTHER AGREED: 1. That if the said mortgagor shall fail to pay such taxes, the mortgagee may pay any such taxes and the sum so advanced with interest at the maximum amount allowable at law shall be prepaid by said mortgagor and this mortgage shall stand as security for the same. 2. That a failure to pay any of said money, either principal or interest, ~,=n the saa~ becomes due, or a fail~sre to comply with any of tyre foregaing agreements shall cause the whole sum of money herein secured to become due and collectible at onece at the option of the mortgagee. Dated this r~ t~ day of ~~~,~~ti~zY ALL OF THE PARTNERS