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r 83-001120 MORTGAGE ThUlllOrtgage made liDdentered into this 1st day of March 19~ byandbetween Robett and Audrey Brummund, busBand and wife (hereinafter referred to as mort~gor) and Commercial National Bank and Trust Company lUOrtg:igee), who maintains an office and place of business at 424 West Third Hall CountY. Nebraska, (hereinafter referred to as street in Grand Island. WITNESSETH, that for the consideration hereinafter stated, receipt of which is hereby acknOWledged. the mortgagor does hereby mortgage, scll. grant. assign. and convey unto the mortgagee. its successors and assigns, all of the fol- lowingdesaibed property situated and being in the County of BaH State of Nebraska. East Half Southeast Quarter (E;SE\r Section Twenty Fi.ve l25) Townshi:P Ten (10) Range Nine en. t~ with all the tenements and appurtman= thereto belonging, all the rents. issues and profits thn-eof. and all _. rigblS. royalties. mineral, oil and ps rights and profits. watet', water rights. and water stock. and including all heating, plumbing, refrigeration. lighting. t'quipmeru and all fhturcs of C''t'l'Y description belonging to the lUortPllor now or hereafter attached there10 or used In ,-onnection with the premises hen-in described and in addition themo the following described properties which art' and shall be deemed 10 be fixlures and a part of the realty. and are a ponion of the HCIlrity for the indebtedness herrin stated, {If none, ,tate "nonr") To have and to hold the same unto the Mortpaee. as Mmn provided: The monaqor is lawfully saud and pOSSeSSed of and has the ri&bt to sell and convey said property; that the _ is free from all encumbrances except lIS hereinabove recited: and that Mortpaor covenants to warrant and defend the title aforesaid thereto and eveI'Y part thereof apinst the claims of aU persons whOlltSOCYCf. This iDSU1lDlellt is g.iwu to secure the payment of a promissory note dated Hareh I, 198 3 in the principal 5WII of SIan. nnn an . siped by Robert Br>->nd ill bebalf of lIfthawo+ and AnA...y "'Awot~'tYVf also. as sudl note or _ may from time to time be modified. renewed or extended in writing, ill die e"fSl the title to said "* estate is transrerml. Of conuaaed to be transferml. from the undersiJDCd for an)' ..... Of bJ U11ll1daod ~. the eatitt ~ 5WII and aeerued interest shall at once become due and papbIe at the eleaioIl of the hokIer henof. FaiIliR to cxcrciH this option because of transfer of tille lIS aba.'e stated ill _ iasUIaae shaBlIOt COIlItibJle a waiver of the ri&bl to aaase the same ill the event of lUly subsequCIlt transfer. I. ne......~ud..-&5 f~ l .. To ........, ... die wNlllll 1__ IrideacIed by _ promissory nore at the times and in the manner ........... b. To "' ...... ---. ... ratel, and other aovemmcntal 1\1: munkipal -:harllCS, fines, 0' ~. for .... ...... 11M nor .. madt heftlnllefore. and wiD protIlptly deliver the official rC('e1I''' ~lOdIe___ITIIl c. ,.. .., ... ___ llIId f_ lU _y be lllCUmld in tile proteCtion and maintenantt "," ~ I'topetl\, ........ .. of .., att..., ~ by tbe ~ for 1_ ('oIlc:ction or an,' ''M" all 1'1' the intkbtedm,,, ~ --. Of f~ b)' ~'s >ale, Of ('00f! ~. ,>r III an\' mllt'r !illllllIlOf\ ,1, l""X....,ullljl ""1ft",,... ~,.