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<br />11~I0RTGAGE ~~--t~~UUS~
<br />This mortgage made and emceed into this 29th day of January
<br />! r 19 ` 8B = by atu! between
<br />Velma L. Dobesh and Bernard L~ Dobesh
<br />{hereinafter referred to as mortgagors and Commercial National Bank and Trust Company
<br />{hereinafter referred to as
<br />m©rtgagee), who maintaitu an office xnd place of business at 424 west 3rd street in Grand Island,
<br />Hall: County, Nafbraska.
<br />WiTNE55ETH, that for the consideration hereinafter stated, receipt of which is hereby acknowledged,- the mortgagor
<br />does hereby mortgage, seU, grant, assign, and convey unto the mortgagee, its successors and assigns, all of the fol-
<br />lowingdescribed property situated and being in the County of Hall
<br />State of Nebraska.
<br />fibs North Plinety Five and One-Half Feet (N95~') of Fractional Lot Four (4)
<br />in Fractional Block One Hundred One (101), Koenig and Wiebe's Addition and
<br />its complement, Fractional Lot Four (4) in Fractional Block One Hundred One
<br />1101) Railroad Addition to Grand Island, Hall County, Nebraska.
<br />together with all the tenements and appurtenances thereto belonging, ati the rents, issues and profits thereof, and all
<br />easements, rights, royalties, mineral, oil and gas rights and profits, water, water rights, and water stack, and including
<br />al! heating, pltunbing, rrfrigrration, (fighting, equipment and aU fixtures of every description belonging to [he
<br />mortgagor now at 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 [he realty, and
<br />are a portion of the security for the itxiebtednrss herein sated. (IF none, state "none"} None
<br />Ta 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 />solos is free from all encumbrances except as hercinabovc recited; and that Mortgagor covenants to warrant and
<br />dsfetui the title aforesaid thereto and every part thereof against the claims of ail persons whomsoever.
<br />This instrument is given to secure the payment of a promissory note dated January 29, 1983
<br />in the ptitictipal.suat of S 3i, flRfl.flfl signed ~, Veltna L. & Bernard L. Dobesh
<br />is behalf of themselves
<br />alto, ~ such ants or antes tnay from time to tune brrnodified, renewed or extended in writing.
<br />Ia craft>thc title to said real estate is transfined, or rnntracted to be transferred, from the uadersigned for any
<br />ton.flr by any anetltod whatsoexer, the satire priacipat sum and accrued "interest shall at once. become due and
<br />su the eketioa of the ho[drr hereof. Failure to exercise this option because of transfer of title as above stated
<br />is otie: i~xtetRCe: shalt its constitute a waiver of the right to sxsrci~ the same in the event of aay subsequent transfer.
<br />1. - The mtxt cavrstswts asd agrees as foihsvrs:
<br />a: To pt~+iRty laay the iadebttdat:ss triciettttstl by said promissory note at the times and in the rrtanner
<br />"- therein provided.
<br />b. To pa)r all rues,- att€ssdttnstits: j~ata' rafts, and other governmental or municipal charges, fines, or
<br />impluiti~s, for which provii~t has "oat beat toads hsroinbeftare, and will promptly dehvcr tfie official teceipt+
<br />ther<€ar fir the said snort,
<br />r: 1'o tkY ~tn:is eitp40aes aad ie~ds as tt~y be in~srxcd in the ptatrs`tioa and mauuenancr ctf said property,
<br />-i~,d;ng-the f±~~af iut}~ €tt~w'ntsf+ oy~~{r}` i#sc~tnc~ga f~ the rtrllection of any or al( of tha indrbbtednesa
<br />- h~trY:X s~atrct3, ar forecto tits ItY tnortgatl~s's sad. ar cuurt procrrdirtgs, err in any i~thrr litiyation o: prtx~eetftn$
<br />t atf+tzeett~ i Tnrcprtit.
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