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86- 1072?6 <br />REA& ESTATE MORTGAGE <br />WILLIAM J. LANDIS and MARGARET ANN LANDIS, as joint <br />tenants, hereinafter referred to as Mortgagors, do hereby grant a <br />mortgage unto GRAND ISLAND CLINIC, INC., PROFIT SHARING PLAN AND <br />TRUST, hereinafter called Mortgagee, on the following described <br />real estate in Hall County, Nebraska: <br />Trac of Land in the Northeast Quarter <br />(NE.) of the West Half (Wi), of the <br />Northeast Quarter (NE4') of the West <br />Half (WI) of the Northeast Quarter <br />(NE4), Section 9, Township 11, Range 10, <br />Hall County, Nebraska. <br />This mortgage is given to secure the payment of the principal .sum <br />of Fifty Thousand and No /100 ($50,000.00) Dollars, and interest <br />thereon, according to the terms and tenor of a certain promissory <br />note of even date executed by the Mortgagors in favor of the <br />Mortgagee. <br />In the event the Mortgagors default in payment of said <br />indebtedness or any installment thereon, Mortgagee at its election <br />may declare the entire debt secured by this mortgage due at once. <br />Mortgagors further covenant to pay all taxes and assessments <br />levied upon the concerned real estate before same become delinquent. <br />Dated this\��day <br />WILLIAM J. LAND <br />tl, c") (-L LC..'(' <br />',MARGARET ANN LANDIS <br />STATE OF NEBRASKA ) <br />) ss <br />COUNTY OF HALL ) <br />on this \kn�day of '� �°*C4.w�n�4.� 19 before me, <br />the undersigned a Notary Public, dulv commissioned anri qu alifiPd <br />for in said county, )ersonally came WILLIAM: J. LANDIS and MARGARET <br />ANN LANDIS, to me known to be the identical persons whose names <br />are affixed to the foregoing instrument and acknowledged the <br />execution thereof to be their voluntary act and deed. <br />WITNESS my hand and notarial seal the day and year, last <br />above written. <br />III ►now -Mmaa <br />ti=wry aG:_ <br />M NArae�iL�1� Notary,. ub i <br />