|
F
<br />MORTGAGE 85-- 004371
<br />This mortgage made and entered into this 30th day of August
<br />L`
<br />19_15—, by and bean Forrest J. & Irma E. Pollard, Husband & Wife
<br />(hereinafter wfenvd to as mortgagor) and Northwest National Bank
<br />(hereinafter referred to as
<br />mortgagee), who maintains an office and place of business at 2008 N Webb Road street in Grand Island,
<br />Hall County, Nebraska.
<br />wnwEssLrrH, 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, all of the fol-
<br />lowing described property situated and being in the County of Hall
<br />State of Nebraska.
<br />Lot One (1) and Lot Two (2), Casey's Second Subdivision,
<br />an addition to the city of Grand Island, Hall County,
<br />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, 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 ")
<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 nR an-RS
<br />in the principal sum of S %n,(M no signed by F,,rre ^t- r R T... F Pollard
<br />in behalf rhPm Pt yPC -
<br />of
<br />also, as such note or totes may from time to time be modified, renewed or extended in writing.
<br />In the event the titre 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 />in 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 times and in the manner
<br />therein provided.
<br />b. To pay all taxes, assessments, water rates, and other governmental or municipal charges, fines, or
<br />impositions, for which provision has not been made hereinbcfore, and will promptly deliver the official receipts
<br />therefor to the said mortgagee.
<br />c. To pay such expenses and fees as may be incurred in the protection and maintenance of said propern.
<br />including the fees of any attorney employed by the mortgagee for the collection of any or all of the Indebtedness
<br />hereby secured, or foreclosure by mortgagee's sale, or court proceedings, or in an% tither litigation m proceedinc
<br />affecting said property.
<br />"" Poo
<br />
|