|
<br />
<br />83-008628
<br />
<br />MORTGAGE
<br />
<br />This mortgage made and entered into this __1st __ day of July
<br />19___ 83, by and between Mid-Continent Enterprises, Ine.
<br />
<br />(hereinafterrefened to as mortgagor) and Commercial National Bank and Trust Company
<br />
<br />I ,. ff' d I f b . 424 West 3rd
<br />mortgagee), W 10 mamtams an 0 Ice an pace 0 usmess at _____
<br />Hall County, Nebraska.
<br />
<br />(hereinafter referred to as
<br />street in Grand Island,
<br />
<br />WITNESSETIf, 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, aU of the fol-
<br />lowing described property situated and being in the County of Hall
<br />State of Nebraska, i .
<br />. ~,,~\ j.3
<br />Lot Two (2), Block Eight (8), Continental Gardens Subdivision, Ci.ty of Grand
<br />
<br />Island, Hall County, Nebraska
<br />
<br />
<br />
<br />together with all the tt~nements and appurtenaw::es thereto belonging, all the rents, issues and profits thereof, and aU
<br />easements, rights" royalties, mineral, oil and gas rights and profits, water, water rights, and waler stock, and including
<br />all heating, plumbing, refrigeration, lighting, equipment and all fixtures of every description belonging to the
<br />mortgagor now or hereafter anached thereto or used in connet,tion with the premist;s 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")
<br />
<br />To have and to hold the same unto the Mortgagee, as herein provided:
<br />
<br />The mortgagor is la~vfully seized al1d ppssessedofand has therigl1t to sell andconveysaid property; that the
<br />same is free From aU encumbrances except as hereinabove recited; and that Mortgagor covenants to warrant and
<br />defend the title aforesaid thereto and every pan thereof against the claims of aU persons whomsoever.
<br />
<br />This instrument is given to secure the payment of a promissory note dated
<br />. h .. I I' $ 20 000 00 . d b
<br />In t e pnnClpa sum 0 """'-~----'-'--"-i----' sIgne y
<br />in behalf of _ Mid-Con~!:~n~.E~~::.:=s 1"._:::=-:,_.__.__________________.____."_________,__
<br />
<br />
<br />also, as such note or notes may from time to time be modified, renewed or extended in writing.
<br />
<br />In the event the title to said real estate is transferred, or contracted to be transferred, from the undersigned for any
<br />method whatsoever, the ent.ire principal sum and accrued interest shall at once become due and
<br />f the holder hereof. Failure to exercise this option because of transfer of title as above stated
<br />constitute a waiver of the right to exercise the same in the event of any subsequent transfer.
<br />
<br />said promissory note at the times
<br />
<br />h: the maflJl<:r
<br />
<br />water rates, and olher governmental or munkipal. charges, rines, <1l'
<br />made hereinbefore, and will promptly deliver the official
<br />
<br />and f<.'C~ a"
<br />empt(ly~~d
<br />
<br />hy,nll)rlg,t;tgee~~, ~ah':l iJf ('''Jun
<br />
<br />t!1
<br />
<br />be incuH"d in the pwte.;tion :"\Jhl \~f 'aill PWPCT!:,.
<br />for ihe ~'o!!e..:tion oi any ,1( aU \.1f IlH~ inddHl'dn..:",
<br />
<br />
<br />(if' in
<br />
<br />\.Hllt:'.1" hI if;_:I,!
<br />
|