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~3-~ppps~ MORTGAGE
<br />This mortgage made and entered into this ~ 4th day of February
<br />19 ~~,6yand between Stephen D. Nuss and Mary A. Nuss, husband & wife
<br />{hereinafter referred to as mortgagor} and Commercial National $ank and Trust Company
<br />(hereinafter referred to as
<br />mortgagee); who maintains an off-ce and place of business at 424 West 3rd street in Grand Island,
<br />Hall County, Nebraska.
<br />WiTNESSEtH, that fcr the-consideration hereinafter stated, receipt of which is hereby acknowledged, the mortgagor
<br />does fietrby mortgage, self, grant, assign, and convey unto the mortgagee, its successors and assigns, al[ of the fol-
<br />lowing desta~ibed property situated and being in the County of Hall
<br />State of Nebraska.
<br />Suite Four (4}, in Brentwood-By-The-Lake, Condominium Property Regime II,
<br />in the City of Grand Island, Hall County, Nebraska
<br />together with all the tenements and appurtenances thereto belonging, al) the rents, issues and profits thereof, and all
<br />easements, rights; royalties, mineral, ail 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 pazt of the realty, and
<br />are a portion o€-the security for the indebtedness herein stated. (lf Wane, state "none") None
<br />To-have and to hofd the same-onto the Mortgagee, as herein provided;
<br />The mortgagor is lawfully seized and possessed of and has the right to eel! 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 February 4, 1983
<br />[n the principal sum of S 15,t?OD.OD ,signed by Stephen D. & Marv A. Nuss
<br />in behalf of themselves
<br />alsp, as such aoto 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 far any
<br />reason tit by.tWy tttethod whatsoever, the entire principal sum and accrued interest shall ai once bee;ome due and
<br />F?!yakie at the election of the hoiden hereof. Failure to exercise this option because of transfer of tide as above stated
<br />in one ittstatcg-shat! Writ constitute a waiver of the right to exercise the same in the event of any subsequent transfer.
<br />l., The rnRrtgag4r covettltAts and agrees as fotltnvs:
<br />a. To proatplly pity- tht; indetitedtuxs evidenced by said promissory note at the times and in the manner
<br />~tii4'tE~, ptOVideu.
<br />b. 7o pay all'; taxmp, asnyptts, water rates, and other governmental or municipal charges, tines, or
<br />impositions, for.wtadt provi~ttn has not btcn made hereinheforc, and will promptly deliver the vt'ficial receipts
<br />therefor to tttr said mortgagee,
<br />c. Ta pay, such expCnt and fs>es as tray be "ttxcurred in the pratretlan and maizttenauc~e of said property°.
<br />ina`IuditrQ shq-tees ofaay attorney etttployed by tttts martgag+fc for the collectiosz of any ar alt of the indehtedtetKs
<br />hereby sc~utstl, Vr forrelosure by mcutgager"s sale, car court prrxx~edings, ar in an rather iiti}tativn yr pr;xes;dinit
<br />afftacting said prgpcrty.
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