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<br />MORTGAGE 83--~~-~~~~ <br />This mortgage made and ent~ nta this 20th day of Januarv <br />19__$3._, by and between Leo Liske and Maxine M. Liske, husband and wife, <br />joint tenants with rights of survivorship <br />{hereinafter refereed to as mortgagor} and Commercial National Bank and Trust Company <br />{hereinafter referred to as <br />mortgagee), who maintains an office and place of business at 424 west 3rd street in Grand Island, <br />Ha}I Connty, Nebraska. <br />WtrlvLSSt?rH, that far 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, alt of the fol- <br />lowing described property situated and being in the County of Hall <br />State of Nebraska. <br />Lot Twenty Four {24}, Block Two (2), in Sothtnan's Subdivision to the City of <br />Gr...nd Islam, F„.11 w^,Y *y, [?ebraska <br />Lot Eleven (11), in Block Eighteen (18), in College Addition to West Lawn <br />in the City of Grand Island, Hall County, Webraska <br />together with all the tenements and appurtenances thereto belonging, all the rents, issues and profits thereof, and all <br />easemems, rights, royalties, mineral, ail and gas rights and profits, water, water rights, and water stack, and including <br />all heating, plumbing, refrigeration, hghiing, egtipment 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 he fixtures and a part of the realty, and <br />are a portion of the security for the indebtedness herein stated. {If none, state "none")None <br />To have and to hold the same unto the Mortgagee, as herein provided: <br />The mortgagor ix lawfully seized and possessed of and has the right to sell and convey said property; that the <br />same is fret front-all encumbrances except as hereinabave recited; and that Mortgagor covenants to warrant and <br />defend the tit)eaforesaid thereto and every part thereat against [he claims of all persons whomsoever. <br />This instrument is given to secure the payment of a promissory note dated January 20, 1983 <br />in the-principal sum of E_34,OO4.00 ,signed by Leo c.. & Maxine M. Li:ske <br />in be#talf~-of Themselves <br />also, as such nate,or notes may from time to time be modified, renewed or exteaded in writing. <br />In the event the Title to saki teat estate is transferred, or contracted to be transferred, from the undersigned for any <br />reasot€ ar by-any meih~ whatsoever, the entire principal sum and accrued interest shall of once become due and <br />pstYle it the election of the holder hereof. Failure to exercise this option because of transfer of title as abpve stated <br />is amt Inarance ahafi naa 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 prsttttty pay the indelatedttess evidenced by said promissory ante at the times and in the manner <br />th~reln providtxl: <br />ti; Tt1'pay all taxes; assessments, water rates, and ether governmental or municipal charges, !'fines, or <br />itnppsliions; for xvhiGlt prtxvislon -has oat bren made hereinbefore, and will promptly dzhver thr c?f ficiai recziptx <br />iherefsr to the saairl mort~tee. <br />><.'Trt pay a#cla. i"x~rns~ and fees as tatty bz incytrred in the prote~tSan and finaintenanrr :+f said property. <br />itael'adtn8'tlta;-fees of ally attorrtsep atrtployed by the mort€cattte for thr eollec-tion of env cir alt rat thr indebtedness <br />h>by t~2ttecl, or fttccr#ttaury tsy mortgagt~'s sale, or rnttrt prcx-zcdinrt~, tFr in am Ezthtir titigarit n c,r t~ri~rEKimc <br />a?'}~'~ng i~3 prop~at}~- <br />