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<br />~3-~~~i~~~- MC~RTG~GE
<br />This mortgage made and entered into this 25th day of January ,
<br />19:~~. by and between
<br />Charier F. Lange and Colleen E. Lange, husband and wife
<br />(hereinafter refetred to as mortgagor) and Commercial Nationa- Bank and Trust Company
<br />mortgagee), who maintains an office and place of business at
<br />Hal[ County, Nebraska.
<br />424 West 3rd
<br />(hereinafter referred to as
<br />_ street in Grand Island,
<br />WtTNESSEfH, that for the cansideratson 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 />(awing described property situated and being in the County of Hall
<br />Stale of Nebraska.
<br />Lot Two (2), Block Eleven (11), Bonnie Brae Addition to the City of Grand Island, Ha11
<br />Cot;:.ty, P:ekraska also knee... as 1509 ::est 4th, Grard Island, ~ ~n
<br />Lot Four (4), in•Block One Hundred Seventeen 1117) in I2ai.lroadcAddition tfo the City of
<br />Grand Island, Hall County, Nebraska, also known as 921 West 2nd, Grand Island, Nebraska;
<br />The Southerly Forty-nine (49) Feet of the Westerly Thirty Three and Six Tenths (33.6)
<br />Feet of Lot Two {2), Block Seventeen (17), in the Original Town, now City of Grand Island,
<br />Hall County, Nebraska, also known as 209ts Sixth Street, Grand Island, Nebraska;
<br />The Easteriy Sixty-six feet {66') of the Northerly One Half (Nts) of Lot Number Ten (10)
<br />of the County Subdivision of the South One Half (S~) of the South east Quarter (SEtt) of
<br />Section Nutaber Sixteen (lb), in Township Number Eleven (11) North of Range Nine (9),
<br />West of the 6th P.M., Hall County, Nebraska, also known as 515 West Charles, Grand Island,
<br />Nebraska.
<br />together with aU the tenements and appurtenances therero belonging, ail 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, equipmem and alt 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 sfiaD be deemed [o be fixtures and a part of the realty, and
<br />are a portion of the security for the indebtedness hercir. stated. (14 none, state "nand') 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 fret from al! encumbrances except as hereinabove recited; and that Mortgagor covenants to warrant and
<br />defend the title aforesaid thereto and curry part thereof against the claims of all persons whomsoever.
<br />This instrament is given to secure the payment of a promissory note dated January 25, 1983
<br />in the principal Sum of S 73,000.00 , signed by Charles F. Lange & Colleen E. Lange
<br />in behalf of thetaselves
<br />also, ss such ttote or ttotes may from deter to time 6e modified, rertewtd or exirnded in writing.
<br />In the event tht title to said tea! estate is transferred, or contracted to bt transferred, from the undersigned far any
<br />rea*~i of by aay ~tltod whatsoever, the entire priteeipal sum and accrued interest shall at once become due and
<br />payable at the ekcdon of the holder ha`eof. Fallutt to exercise this option because of transfer of title as above stated
<br />in Otte ittstana shall tit conxtitutt a waiver of the right to exercise the same in the event of any subsequent transfer.
<br />1. The tttartgayor coveaants and agrees as follows:
<br />~ Tct P~-#ly PRY the its evidenced by said prottti~ory note at the times and in the manner
<br />tlta~irt petwitkd.
<br />b. Ta pay all ta>Ees, assessments, water rates, and athtr govcrnmrnta) or muniupai charges, Pints, ur
<br />itstPOSitiotts. Pot` which prOV~lon has not been malt htreinbcfare, artd will promptly deliver the nffkiat receipts
<br />therefor to the saMi ntoregagoa.
<br />c: Tq pay sut:h expeuses and .fees a> may be iitt9tt7Yd in the protection and maintenan~r of esid prnnrrt•.
<br />. - tt~ (tree of tiny attorzaey etnplayed by the mortraget Pot tttc callts`tion of any or alt of the indrbtednes,
<br />~yur-err fortc#cwure Crtr murtgagMt's salt, ; r court Irtcs~3irtgi. ere in an. nthrr !ftigation or tFrcxk~lEn~
<br />affa~c~ttng ratel prr~perty.
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