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MORTGAGE
<br />85-- 004852
<br />This mortgage made and entered into this 30th _ day of September ,
<br />19-55—, by and between Richard L. Brown, a single person
<br />(hereinafter referred 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. Wcbb Road street in Grand Island,
<br />Hall County, Nebraska.
<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, all of the fol-
<br />lowing described property situated and being in the County of Hall
<br />State of Nebraska.
<br />Lot Six (6), in Block One (1), in Capital Heights
<br />Subdivision, being a part of the Southeast Quarter
<br />of the Southwest Quarter (SE4SW}) of Section Two
<br />(2), in 'rownshi.p Eleven (11) North, Range Ten (10)
<br />West of the 6th P.Mi_ in Hall County, Nebraska
<br />together with all the tenements and appurtenances (hereto helonging, all the rents, issues and profits thereof, and all
<br />casements, 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 he deemed to be fixtures and a part of the realty, and
<br />are a portion of the security for the indebtedness herein stated. iIt 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 />saute 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 __aC.ptt:IDheL_352, I J(i35.____________
<br />in the principal sum of S._ I.5,DM..QO ---- — --- _.___ ___-- ._____. -. signed by
<br />in behalf of .._ _..._____.__himself ___ _._
<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 />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 indebtedncss evidenced by said promissory note at the times and in the manner
<br />therein provided.
<br />h. To pay all laves, assessmrms, water rates, and other govcriunental or municipal chat px•, tine., ,II
<br />unpositions, for which provision has not heen rnade hereinheforr, and will ptomptly deliiel the othoal receipt.
<br />therefor Ill the Raid mortgagee
<br />I„ pas +11t11 egN.me% and fret a, rt)at he rtictwed In Itte pf"Ic.n,vt ,tn,l In:altrtennt,c < } -40 1`1n1,r1tn.
<br />Irn.hsalittg the fee-, of anv atiurncv r.ntplovrcl by the tnorty.agee Ior the :.ollcolw ..f ,m\ it ill :,I Ifir indeMlednr+,
<br />'rrrM ,c r_ -.i. ,,, u•. I, >.ul•_ I;, ru,,nm Bahr. w —I'll r =l,ti, erriui�r., ,, .In, �t,�, aciy�.tu„i ,r >!•,or:
<br />.ev►t : ^ee
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