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. \.; 1. -. .-' ~~ . MORTGAGE 88-103554 This mortgage made and entered, into this 29th dayof June 19....mL..:... by and between Beverlr~' ~edWine and William E. Redwine; Wife and Husband (hereinafter referred to as mortgagor}'andNorthwest National Bank mortgage.-:>; who maintains an office and place of business at 2008 "N. Webb Road Hall County. Nebraska. (hereinafter referred to'as street in Grand',lsland. WITNESSETH, that 'for the consideratiOil'hereinafter stated, receipt of which is hereby acknowledged, the mortgagor d~ hCreb)Fm~rtSase, seU,8J'8I1t,8Ssi&n, and convey unto the mortgagee, its successors and assigils, au ofdle fol- lowing described property situated and being in'the County of slliie of Nebraska. ' " Lot ThIee,(3) Bishop Heights Subdivision, Part of the SW 1/4 of the NW 1/4 of Section 11, Township 11 North, Range 10 West of the 6th P.M.. Hall County Nebraska. together with all the tenements and appurtenances thereto belonging, all the rents, issues and profits thereof, and all easements. rights. royalties. mineral. oil and au rights and profits. water, water rights. and water stock, and including all heating, plumbing. refrigeration. lighting. equipment and all fixtures of every description belonging to the mortgagor now or hereafter attached thereto or used in connection with the premises herein described and in addition thereto the following described properties which are and shall be deemed to be fixtures and a part of the realty. and are a portion of the security for the indebtedness herein srated. (If none, state "none") To have and to hold the same unto the Mortgagee, as herein provided: The mortgagor is lawfully seiud and possessed of and has the right to sell and convey said property: that the same is free from all encumbrances except as hereinabove recited; and that Mortgagor covenants to warrant and defend the title aforesaid thereto and every part thereof againsl the claims of all persons whomsoever. This instrument is given to secure the payment of a promissory note dIIted June 29. 1988 inthcprincipalsumofS 8.542.67 . signed by Beverly A. Redwine in bebalfof herself also, anum note or notes may from time to time be modified. renewed or extended in writing. In the event the title to said real estate is transferred. or c:ontracted to be transferred. from the undersigned for any nUon or by all)' method wu.-ver, the entire principal sum and accrued interest shall at once become due and pay8bJc AI me eIeedan of the holdr.r hereof, Failure to exercise this option because of transfer of tilk u abOve stated In One IDitance .ball not con.tilute a waiver of the right to exercise the same in the event of any subsequent transfer, I. The rnortpaor CO\Ien&nts and agrees as follows: .. Topromptl)' pay the indebtedness evidenced by said promissory nOle at the limes and in the manner ~n provided. b. To pay all. tues, assesSlmnts, water rales, and other govemmenlal or municipal chllrges, Ii~, or impositions. for which proviSion has not been made hereinbefore, and will promplly deliver the official receipts therefor I'D the said morlJlllee, C, TCI pay such expenses and feea IS may be incurred in the prolecllon and maintenance (If said propem', inc:ludin. the fees of any attorney employed by Ihe mortlllee for the collection of any or 1111 of thc indebtedne.ss hereby 5C:l:U1ed. or fOf<<losure by mortlaaee's sale, or courl proceedings, or in any olhcr Iitigalioll or I'ltocC't'Jin~ arfectillJ said propeny, -..