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<br />83- 001123
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<br />MORTGAGE
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<br />Tbismortgage made and entered into this 7th day of March
<br />19~, by and between George Nyal Rowse & Gloria J. Rowse, husband and wife
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<br />(hereinafter referred to as mortgagor) and Commercial National Bank and Trust Company
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<br />mortgagee), who maintains an office and place of business at
<br />Hall County, Nebraska,
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<br />424 West 3rd
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<br />(hereinafter referred to as
<br />street in Grand Island,
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<br />WITNESSETH, that for 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. all of the fol-
<br />lowing described property situated and being in the County of Hall
<br />State of Nebraska,
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<br />Lot Three (3) in Block Two (2) in Gosda Subdivision, part of the Southeast
<br />Quarter of the Northeast Quarter (SE~NE~) of Section Twenty-Three (23), in
<br />Township Eleven (11) North, Range Ten (10) West of the 6th P.M., Hall County,
<br />NebraSka
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<br />logether with all the tenements and appurtenances thereto belonging, all Ihe rents, issues and profils 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, 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 part of the realty, and
<br />are a portion of the security for the indebtedness herein stated, (If none, state "none") None
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<br />To have and to hold the same unto the Mortgagee, as herein provided:
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<br />The mortgagor is lawfully seized and possessed of and has the right to sell and convey said property; that the
<br />same is free from all encumbrances e.l\CCpt as hereinabove recited; and that Mortgagor covenants 10 warrant and
<br />defend the title aforesaid thereto and every part thereof against the claims of all persons whomsoever,
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<br />This instrument is given to secure the paYment of a promissory note dated March 7, 1983
<br />in the principal sum of S 36,789.89 ' . signed by George & Gloria Rowse
<br />in behalf of themselves
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<br />also. as sud1 note or nOles may from time to lime be modified. renewed or extended in wriling.
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<br />In the evtftt the title to said real estate is transferred, or contracted to be transferred, from the undersigned for any
<br />teIIIOD or'b, aD)' method whatsoever, the entire principal sum and accrued interest shall at once become due and
<br />paJllble at the ~ of the holder hereof. Failure to exercise this option because of transfer of tille as above stated
<br />is O!le instaDa: sballllOt COllStitute a waiver of the right to exercise the same in the evenl of any subsequent transft"r,
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<br />L The tnon&qor CO\laW\ts and agrees as follows;
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<br />a. To'~ JlQ' the indebtedlless evidcn<;ed by said promissory nOle at the: limes and in thc: manner
<br />thetcUt fl'OVIdcd.
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<br />b. To PI)' all !Dell. 1IICUIl1eIll$, "'tter ratti. and other governmental or municipal charges. fine" 01
<br />~ ror wltlehPfO\'illorl has I\Ol been mark hereinbefore, and will prumptly deliver lhe official r<:ceil'''
<br />t....Of to lIlc laid 1IlOft&lIII!t,
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<br />t, To pay lIIdl c:~ and foes all may be: incull'td in tbe: prot~'1illll and maintenance of <aId l'rorerl\,
<br />~ me ,. of any at1ClnleY cmpIoyed Oy tlte mot'l8l\Ift fO( Ihe colle..'1ion of anv or all of the: indebtedn",,,
<br />~ ~ l'" fored_re I>y tnorl~', 'lIk. or courl pr(X~illl!', or In any ",her I:ti~'\lion ,'r rf\"'....(hn~
<br />art~ laid llf~t\',
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