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<br />MORTGAGE
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<br />88- 102027
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<br />This mortgage made and entered into this 22nd day of April
<br />19---1HL, by and between Kenneth B, Knox and Marilyn M, Knox, Husband and Hife
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<br />(hereinafter referred to as mortgagor) and Northwest National Bank
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<br />mortgagee), who maintains an office and place of business at 2008 N. He bb Road
<br />Hall County, Nebraska,
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<br />(hereinafter referred to as
<br />street in Grand Island,
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<br />WITNESSETH, that for the consideration hereinafter stated, receipt of which is hereby acknowledged, the mortgagor
<br />does hereby mortgage, sell, grant, assign, and convey unto the mortgagee, its successors and assigns, ail of the fol-
<br />lowing described property situated and being in the County of
<br />State of Nebraska.
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<br />,Lot two (2). Knox Subdivision to Grand Island, Hall County Nebraska
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<br />(2815 South Locust)
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<br />together with all the h:nements and appurtenances thereto belonging, all the rents, issues and profits thereof, and all
<br />easements, rights, royalties, mineral, oil and gas rights and profits, water, water rights, and water stock, and including
<br />all heating, plumbing, refrigeration, lighting, equipment and all fixtures of every description belonging to the
<br />mortgagor now or hereafter attached thereto or used in connection with the premises herein described and in addition
<br />thereto the following described properties which are and shall be deemed to be fixtures and a part of the realty, and
<br />are a portion of the security for the indebtedness herein stated. (If none, state "none")
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<br />To have and to hold the same unto the Mortgagee, as herein provided:
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<br />The mortgagor is lawfully seized and possessed of and has the right to sell and convey said property; that the
<br />same is free from all encumbrances except as hereinabove recited; and that Mortgagor covenants to warrant and
<br />defend the title aforesaid thereto and every part thereof against the claims of all persons whumsoever.
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<br />This iftstlulllelU is ~\'eR ta SeeNr! the ,llYHllIRt Bf a prBlRiiligory Allt!: dllt-.:d
<br />in the princi~1ft of S , €iSAed by
<br />iR 'MI:lalf of . ,inStnIlEnt is given as CCIlSireratirn for tiE rene..a1 of a pr<mis<xlrv rote dated Septanber 28.
<br />Soch rene-.sl mte is dated April 22. 1938. ~ the arount of $47,OlJ.OO signed by KeTIEth B. Knox, et al.
<br />also, as such note or notes may from time to time be modified, renewed or extended in writing.
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<br />In the ,event the title to said real estate is transferred, or contracted to be transferred, from the undersigned for any
<br />reason or byaoy method whatsoever, the entire principal sum and accrued interest shall at once become due and
<br />payable at the e,lcction of the holder hereof. Failure to exercise this option because of transfer of title as above stated
<br />in one instance shall not constitute a waiver of the right to exercise the same in the event of any subsequent transfer. .
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<br />. I. ,. The mortgagor covenants and agrees as follows:
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<br />a. To promptly pay the indebtedness evidenced by said promissory note at the times and in the manner
<br />. therein provided.
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<br />b. To pay all taxes, assessments, water rates, and other governmental or municipal charges, fines, or
<br />impositions, for which provision has nol been made hereinbefore. and will promptly deliver Ihe official receipts
<br />therdor to the said mortgagee.
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<br />, c. To pay such expenses and fees as may be incurred in the protection and mailllenancc of ~aid property,
<br />including the fees of any attorney employed by the mortgagee for the collection of any or all of the indebtedness
<br />hercb)' secured, or foreclosure by mortgagee's s;lIe. or coun proceedings. or ill all)' other litigation or pnlc~'l'din!l
<br />affcctinK said prop('rty.
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<br />NMIlGf
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<br />1<.J37.
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