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83...001451. MORTGAGE '.< ...1 Thi!briortgllgemaaeand entered into thiS 16th day of March 19cA'l.bYlllldbetween Bruce E. and Vickie J. Schreiner, husband and wife (heretnafterrefetrelhlYumortgagor) and Commercial National Bank and Trust Company mOrtMcc);who maitltainsan office and place of business at 424 West Third Ha1lCounty, Nebraska, (hereinafter referred to as street in Grand Island, WITNESSETH. that'for theconsideratioohereinafter stated, receipt of which is hereby acknowledged, the mortgagor does hereby m~, sell, grant, assign, and convey unto the mortgagee. its successors and assigns. all of the fol- lowingdescrlbed proilerty situated and being in the County of Hall State of Nebraska, Lot Twenty (20), Center West Road Estates, Fourth Subdivision, Grand Island, Hall County, Nebraska. together with all the tenements and appurtenances thereto belonging, all the rents, issues and profits thereof. and all easements. rights. royalties. mineral. oil and gas rights and profits. water, water rights. and water stock, and including all . heating, plumbing. refrigeration. lighting, equipment and all fixtures of every description belonging to the mortgagor now or hereafter attached thereto or used in connection with the premises herein described and in addition thereto the follOwing described properties which are and shall be deemed to be fixtures and a part of the reaity. and are a portion of the security for the indebtedness herein stated, (If none. state "none") none To have and to hold the same unto the Mortgagee. as herein provided: The lI1Ortgagor is lawfully seized and possessed of and has the right to sell and convey said property; that the same is fl'eCl from. all encumbrances except as hereinabove recited; and that Mortgagor covenants to warrant and defend. the title aforesaid thereto and every part thereof against the claims of all persons whomsoever. This instrlllnelU is given to secure the payment of. promissory note dated November 1, 1982 in the principal sum of S 13,700.00 . sianed by Bruce E. Schreiner & Vickie J. Schreine in behalf of theluelves also. assucb.note.or notesmey from time to time bemodifted. renewed or extended in writing. In the event the title to said real estate is transferred. or contracted to be transferred, from the undersigned for any reuoa orb)' any method whatsoever. the entire principal sum and acr:rued interest shall at once become due and pIJable at theela:tion of the holder hereof, Failure to exercise this option because of transfer of title as above stated in_iDstaace'lball aotl:ONtitute a waiver ortbe rlaht to exen:isethe same in the event of any subsequent transfer, l.~~~ udagrees as follows: a.'t'41!i]Jd1J1llJtM'~evidencccI by' said promissory note at the times and in the manDer ~~. "".T.1lefoll .....IUIIInIeIlU. water rates. and other governmental or municipal charges. fines. or ;~..fotwldllh~_nottJeen l1lIde hlirelnbefcm. and will promptly deliver the official r~ipts thefd'of to .rhuaicllllOrtllPl, ~".TO"""~ud>fOeslLl 1Ila)' be illClltt'ecl in the protection and maint.malll.'t' of said proper!y, ~'_''''ilf_ ~ em~byt"mortIllteefot the collection of any or all of the indcbtedne>s IletebrllCiCUl'Cid. or formowr~ b)' 1Ilf!f1.....s $Ide, or rourll'fOl.'ftdinlls. or in any other Iltiglt!ion or proc"eCding ..ff~~~"