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<br />MORTGAGE <br />$4 ~--- t~ ~ O 1'77 <br />;This mortgage made and entered into fttFs 10th .day of .l a n n a r } , <br />19-$~,byand between F'. Dean Wolfe & Jutiith A. tuol£e, husband &wife <br />- (hereinafter referred to as mortgagor] and Northwest National Bank <br />(hereiiafter referred tows <br />mortgagee), who maintains an ofFice and place of business at 2t1f;)8 t3 - wP h h l~,~ street in Grand Island, <br />,Hall County, Nebraska. <br />VI+tTNrssr`ett;-that fortfie consideration: hereinafter stated, receipt°of which`is herebyaeknowledged; the mortgagor <br />does hereby mortgage, sell, grant, assign, and convey tipta the martgagce; its successors and assigns, all of the fol- <br />' lowing described property:-situated and being iti the Coutity'of <br />State'ofNebtaska: <br />Lots Eight (8); Nine (9) and Twelve (12) in Capital <br />Heights Eighth Subdivision, Hall Gourity; Nebraska <br />i <br />together with-all the tenements and appurtenances thereto belonging, all the rents, issues-and profits [hereof, and all <br />easements; rights, royalties, mineral, oil and gas rights and profits, water;-water rights, and water stock, and including <br />all' treating; plumbing; refrigeration, lighting; equipment and all fixtures of every- description belonging to the <br />morigagor 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 seciirity for the indebtedness herein staled. (If none, state "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 free from al} 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 ail persons whomsoever. <br />This instrument is iven s r ti~ee a ment of a. romissory note dated January 10 ; 1984 <br />in the-principal sum ot$ ~$_ '~~`Q~ Y p ,signed by E. Dean Wolfe & Judith A. Wolfe <br />in:behalf of E' `Dean- Wolfe & Judith A. Wolf hnchand k ~~, fA <br />also; as such mite 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,- of contracted to be transferred, from the undersigned for any <br />reasgn. or by ,any method, whatsoever, the entire principal sum and. accrued interest shall at once become due and <br />payable at the election of the holder hereof: Failure-to exercise this option because of transfer of title as above staled <br />in one instance shall not constitute a waiver of the rightto-exercise the same in the event of any subsequent transfer. <br />1. The mortgagor covenatts and agrees asfollowsc <br />a. To promptly pay the indebtedness evidenced by said promissory note at the times and in the manner <br />therein. provided. <br />b, To pay all taxes, assessments, water: rates, and other governmental or municipal charges, fines, or <br />impositions, for which _provision has trot been made-hereltibyfote, an_d-will promptly deliver. the official receipts <br />therefor to the said mortgagee. <br />` c. To pay such expenses and fees as may be incurred in the protection and maintenance of said property, <br />including the fees of any attorney employed by the_ mortgagee for tfie-collection of any or all of the indebtedness <br />hereby secured, or foreclosure by mortgagee's sale, or court proceedings, or in any other litigation or proceeding <br />aftectirtg said.praper,p. <br />n+xe lea <br />