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I
<br />MORTGAGE g
<br />001228
<br />This mortgage made and entered into this I ;r h day of
<br />19. --sue_, by and f?etWGCn _ Marrh
<br />Michael C. Divis and Nolleen R. Divis, husband and' 'ife,
<br />as point tenants with right of survivorship and not as tenants in cottmton,
<br />(hem=nt referred to as mor4faW and Northwest Natforml lilanit
<br />a
<br />I` mortgagee), who maintains an office and place of business at 2008 No. Webb Road (� te%lrre to '
<br />Hall County, Nebraska. stroet in QrarftS`hbind,
<br />i
<br />WnNPMM, that for the consideration hereinafter stated, receipt of which is hereby acknowledged, the i
<br />does hereby mortgage, sell, grant, assign, and convey unto the mortgagee, its successors and assigns, all of the for
<br />lowing described property situated and being in the County of
<br />State of Nebraska.
<br />Lot Twenty Two (22), in the R & B Subdivision, Hall County, Nebraska
<br />together with all the tenements 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, fighting, equipment and all fixtures of every description belonging to the
<br />mortgagor now or hereafter attached thereto or ttsed 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")
<br />To have and to hold the same unto the Mortgagee, as herein provided:
<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 whomsoever.
<br />This instrument is given to secure the payment of a promissory note dated Marrh i �,? 38S
<br />in the principal sum of $__9.00D.00
<br />in behalf of signed by MirhaPl r R Nnllnsan R Tl
<br />—tb m v
<br />also, as such note or notes may from time to time be modified, renewed or extended in writing.
<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 by any method whatsoever, the entire principal sum and accrued interest shall at once become due and
<br />Payable at the election of the holder hereof. Failure to exercise this option because of transfer of title as above stated
<br />to one instance shall not constitute a waiver of the right to exercise the same in the event of any subsequent transfer.
<br />1. The mortgagor covenants and agrees as follows:
<br />a. To promptly pay the indebtedness evidenced by said promissory note at the tithes and in the mannet
<br />therein provided.
<br />b. To pay all taxes, assessments, water rates, and other governmental or municipal charges, tines, or
<br />impositions, for which provision has not been made hereinbefore, and will promptly deliver the official receipts
<br />therefor to the said mortgagee,
<br />c. 'l'o tsay such etpenses and fees as may he incurred in the protection and mainrenance of ,aid {,roperty,
<br />including the fees of anv atlorney employed by the mortgagee fnr the coNecHon of any or till of the nutehtedrtes.
<br />herehi .ecutdd, or rl% (h +were by mortgagee's sale. rer mart proceeding y, „r rn :nty ,nher htibati<at „r t,t,,rre,irn4
<br />afl'rx:ting �.tttd property
<br />mn +ate
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