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<br />MORTGAGE
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<br />83....J)o 18 2 '7
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<br />Thinnortgage made and entered into this 29.tli: day of October
<br />19~, byand between. Wi?lliam Van 'Meter and Ellen Van Meter, husband and wife,
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<br />(hereinafteneferred 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 424 West Third
<br />Hall County, Nebraska.
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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 />doeshereby 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, A tract of land comprising a part of NW\ more particularly described
<br />as follows; Begi?nning at the Southwest corner of said NW\, thence Northerly along the
<br />West line. of said NW\ a distance of 1,289.10 feet, thence deflecting right 56 degrees
<br />23 minutes 00 seconds and running Northeasterly a distance of 1,248.40 feet, thence
<br />deflecting left 05 degrees 50 minutes 00 seconds and running Northeasterly a. distance
<br />of 181.27 feet, thence deflecting right ll3 degrees 27 minutes 50 seconds and running
<br />Southeasterly a distance of 35.97 feet to a point on the Southeasterly right-of-way
<br />line of a county road, this being the ACTUAL place of beginning, thence continuing
<br />Southeasterly along the last described " course a distance of 261.58 feet, thence deflec-
<br />ting left 79 degrees 07 minutes 30 seconds and running Northeasterly a distance of
<br />388.10 feet, thence deflecting left 90 degrees 09 minutes 50 seconds and running. North-
<br />westerly a distance. of 513.69 feet to a point on said county road right-of-way line,
<br />thence deflecting left ll3 degrees 57 minutes 30 seconds and running Southwesterly along
<br />said right-of-way line a distance of 192.36 feet, thence deflecting left 10 degrees 13
<br />minutes 00 seconds and running Southwesterly along said right-of-way line a distance of
<br />314.80 feet to the ACTUAL place of beginning and containing 3.840 acres, more or less,
<br />2l 9N 11 W 6th P.M.------
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<br />together with all the tenements and appurtenances thereto belonging, all the rents, issues and profits thereof, and all
<br />easements, rights, royalties, mineral, oil and gas rights and profits, water, water rights, and water stock, andinduding
<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")
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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 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,
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<br />This instrument is given to secure the payment of a promissory note dated October 29, 1982
<br />in the principal sum of $ 43 r Opo , signed by wi!] faro Van Meter and Ellen Van Meter
<br />in behalf of Wi 11iam Van Meter and Ellen Van Meter
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<br />also, as such note or notes may from time to time be modified. renewed or extended in writing.
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<br />In the event the title to said real estate is transferred. or contracted to be transferred, from the undersigned for any
<br />reason or by any method whatsoever. the entire principal sum and accrued interest shall at once become due and
<br />payable at th~ election of the holder hereof. Failure to exercise this option because of transfer of title as above stated
<br />in one instance shall not constitute a waiver of the right to exercise the same in the event of any subsequent transfer,
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<br />i. The m911gagor covenants and agrees as follows;
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<br />a, To promptly pay. the indebtedness evidenced by said promissory note at the times and in the manner
<br />t\1J!reinpfovieted,
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<br />b. To. P\ly all talte5. asse~sments, water rates, and other governmental or municipal charges, fines, or
<br />impositions, for which provision has not been made hereinbefore, and will promptly deliver the official receipts
<br />therefor to the said mortgaaee.
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<br />, c,: To pay such expenses and fees as may be incurred in the protection and maintenance of said property,
<br />Inl;IUli!l1g~thefees of any attorney employed by the mortgagee for the coUection 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 proceedin~
<br />affecting said property. -
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