1984-08-01-R - Laserfiche WebLink

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SECOND MORTGAGE KNOW ALL MEN BY THESE PRESENTS : That Omega Container Batesville , Inc . , (hereinafter "GRANTOR") , for and in consideration of the sum of Ten and No/100 Dollars ($10 . 00) , to GRANTOR in hand paid, the receipt of which is hereby acknowledged, and in consideration of the premises hereinafter set forth, does hereby grant , bargain, sell and convey unto the City of Batesville , Arkansas (hereinafter "GRANTEE") , as the case may be the following described land, with all improvements now or hereafter located thereon, lying in Independence County , Arkansas (the "Mortgaged Property") : A tract of land being a part of the Southwest Quarter of the Southeast Quarter of Section Four in Township Thirteen North and Range Six West of the Fifth Principal Meridian in the City of Batesville , Independence County , Arkansas , and more particularly described as follows : Commencing at the Southwest corner of the Southeast Quarter of said Section Four ; thence N O1°34 ' 49" E a distance of 681 . 18 feet ; thence N 89°43 ' 27" E a distance of 491 . 88 feet to the point of beginning ; thence N 00°13 ' 56" E, a distance of 412 . 46 feet to the South right-of-way of Industrial Drive ; thence N 89°43 ' 27" E along said South right-of-way, a distance of 141 . 53 feet ; thence along a curve to the right (said curve having a radius of 1879 . 89 feet from the South right-of-way, a tangent distance of 49 . 08 feet and a curve length of 98. 13 feet) ; thence continuing along said South right-of-way S 87°19 ' 54" E , a distance of 187 . 06 feet ; thence S 00°13 ' 56" W a distance of 400 . 35 feet ; thence S 89°43"27" W, a distance of 426 . 55 feet to the point of beginning. Containing 4 . 00 acres , more or less . This Mortage is second and subject to the lien of that certain Trust Indenture dated as of , 198 '1 between the GRANTEE and Mercantile Bank, Jonesboro , Arkansas (the "Indenture") , recorded in the Book at Page or as Instrument No . a.id that certain Loan Agreement between Omega Container Batesville , Inc. and GRANTEE, dated as of 1984 (the "Loan Agreement") , recorded in Book at Page or as Instrument No . in the Office of the Circuit Clerk and Ex-Officio Recorder of Independence County, Arkansas . TO HAVE AND TO HOLD the same unto said GRANTEE forever , together with: (a) all appurtenances thereunto belonging ; (b) all fixtures and equipment used or useful in connection with said property and (c) all rents , income, and profits therefrom after any default herein. 11 A-- 1_ _ _1 _ _ ..1. -- A w --- . 1 .. . 1. - _ _ _ 1