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The North Twenty –Five (25') of the East Two Hundred Sixty litrM (260') of Lot One (1) and all of Lot Two (2), Woodland Third Subdivision to the City of Grand Island, Hall County, Nebraska together with all the tenements and appurtenances thereto belonging, all the rents, issues and profits thereof, and all casements, rights, royalties, mineral, oil and gas rights and profits, water, water rights, and water stock, andincluding 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 arc a portion of the security for the indebtedness herein stated. (If none, state "none ") To have and to hold the same unto the Mortgagee, as herein provided-. The mortgagor is lawfully seized 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 against the claims of all persons whomsoever. This instrument is given to secure the payment of a promissory note dated _ 06- 27 -86– in the principal sum of signed by W_iiJia -. & Setidra Lswrev..l>�L$t. t�ife in behalf of ._.�themselves also, as such mote or notes may from time to time be modified, renewed or extended in writing. In the evert the title to said real estate is transferred, or contracted to be transferred, from the undersigned for any reasoan or by any method whatsoever, the entire principal sum and accrued interest shall at once become due and payable at the election of the holier hereof. Failure to exercise this option because of transfer of title as above stated in dolt instance shalt not constitute a waiver of the right to exercise the same in the event of any subsequent transfer. 1. The mortgagor covenants and agrees as follows: a. To prtmtf tly pay the indebtedness evidenced by said promissory note at the time, and to the manner Lthereto provided. b- To pay all taxis, assessments, water rates, and other governmental or municipal charges, fines, m itmttaaeturrrs, for whicts provision has not been made herembeforc, and will promptly deliver the official receipt, therefor to tear said mortgattee t To pav uich e,.penus and fees as ntav he incurred to the prowoton and matnicnaticc of laid prorxtt% . inetudtrtg ft leer of ;rnv attorney employed by the mortgagee for the collection of anv or all of rhr tndehtedne,. hcteb% secured. of km-c- tAure by tntnraafeee'R sale, tw cotirl prtxredntft, ,r ,n an+ ,whet lmmaiton ,,t pritire+t t :G atlnt+ng rind prtn+t+:t Will me