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52.A—REAL ESTATE MORTGAGE —(With Tax Clause) Y Huffman and Felton d Wolf, Walton, He. 68461 <br />G KNOW ALL MEN BY THESE PRESENTS: That Westering Distributing Company, Inc. <br />t ; <br />f y of Hall County, and State of Nebraska is consideration of the sum of <br />Four Hundred Seven Thousand and N01100 <br />DOLLARS <br />t j in hand paid, do hereby SELL and CONVEY unto <br /># ' Bank of Doniphan, Doniphan, Nebraska, <br />of Hall County, State of Nebraska the following desedbedpremfseasitnated <br />Hall Nebraska <br />in County, aril State of to -wit: <br />g Lots Nine (9) and Ten (10), Mehring and Gi_esenhagen Second Subdivision, Hall County, <br />i Nebraska <br />and <br />j = A tract of land located in the Southeast Quarter of Section Twenty - Four, Township Eleven <br />North, Range Ten, West of the 6th P.A., lying South of the Union Pacific Railroad Company, <br />more particularly described as follows: Referring to the Southeast corner of .Section <br />j ? Twenty -Four; thence Westerly Two Thousand Twenty -Two and Seventy Hundredths (2,022.70) <br />feet; thence Northerly Thirty -Three (33) feet to the actual point of beginning; thence <br />Northerly Two Hundred (200) feet; thence Easterlyy Two Hundred (209) feet -; thence Southerly <br />E Two Hundred (200) feet; thence Westerly Two Hundred (200) feet to the point of beginning. <br />ii <br />The intention being to convey hereby an absolute title in fee simple, including all the rights of homestead and dower. <br />?, TO HAVE AND TO HOLD the premises shove dftcribed. with all the appurtenances thereunto belonging, unto the said <br />mortgagee(,) and to his, her or their heirs and assigns forever, provided always, and these presents are upon the express <br />'condition that if the said mortgagerts), his; her or their hdre, executors, administrators or assiaas shaU pay or cause to be <br />paid to the said mortgagee(s), has, -her or their heirs,- executors, administrators or as civr�a tLe grsaeipal a of 5 407, 000. 00 <br />payable as follows, to ,wit. <br />Promissory note of this date for $407,000 due December 15, 1985. <br />with interest according to the tenor and effect of the - ortgagors written promissory note <br />and shall pay all taxes and. tr�Iesiod a bearing ewes date with these presents <br />pmt said real estate, and all other tarns,.ievies and asoesameats levied upon this <br />mortgage or the note which tbn mortgage is p"a to secur=e, before the same beco net delinquent, and keep the bas7dings � <br />said pre insured for the sum of E toes, if any, payable to the said mortgagee,. then these presents <br />to be void.: otherwise to be and remain in Full force_ - - <br />IT IB FURTHER AGREED it) That if the said mortgagor. shall fail to pay arch taxes or procure sorb iasctranoe the <br />said - mortgagee may pay such tax" and procure such insurance. and the so - advanced, . with interest at Bank Bas #ate? : - - <br />cent, shall be repaid by said mortgagor. and this mortgage shalt stand as security for the same. (2) That a failure to pay saw <br />of said money. either principal or interest, --hen the same becomes due, or a faihue to comply with any of the foregoing <br />agreements. shall cause the whole sum of money hereon secured to become due and collectible at once at the opties, of the <br />mortgagee. <br />Signed this 2nd day rd September 79 86. <br />In presence of web ter }n Disariubt,.in Coatpany, 1itc4 y <br />STATE OF. ..... .Xettr4tPX4 ... ........,Gountyof ........U;Jt ..... ----- -- -- -= <br />The foregoing instrument was acknowledged before me <br />by ... Vi11iam. R_W0Ater1ag, President of Westering Distriubting Company, Inc. <br />rwUstrw Rtxaat -stn, / Mnsia ' `. 41, <br />it IgNrg9C K Signature of erson Taking Acknowledgment <br />yJf Lit Ep►lMt 2t qM Notary <br />1 Ue <br />STATE OF.. j <br />Entered on numerical index and Lfed fur record <br />GL <br />County _ in the Register of Anode OtBoe of said County the <br />day of _ lN_... _ ai - o'clock anti ,....,,. minutes, <br />and <br />recorded in tkok - at wage... _ <br />lift of lk,ede <br />try r )".s,ty <br />