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<br />MORTGAGE
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<br />83- 003754
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<br />pr
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<br />ThiSmortgajlelllllde andCritefedimo t:lris 13th day of July
<br />19Sa.bYandbetw~ DavidA. RUle, Jr. and Elaine M. Raile. husband and' wife
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<br />(hereinafter ~fcrredto asmonpgOl') and Commercial National Bank and Trust Company
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<br />mqngqt:e}, who lllaintairts an office and pla.:c of business at
<br />Hall CbuntY, ~braska.
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<br />424 West 3rd
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<br />(hereinafte. referr!ld to as
<br />street in Grand Island,
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<br />Wfl'N1lSSE1ll. lha! for the ci)llSid<<ation hereinafter slated, receipt of which is hereby acknowledged, the mortgagor
<br />does lm-cbym~ scll,. grant, assign, and convey unto tbe.mortgagee. its successors and assigns, aU of the fol-
<br />l(}Willfdesaibedpropefty sitll8ted and being in the County of Hall
<br />Stale of NebrllSlca.
<br />
<br />Lqt Six (6) in Jack Voss SuMivision. being a part of the West Half of
<br />the Southwe.st Quarter (W"fSii\) of $ecHon Two (2). Township Eleven (11)
<br />NOrtb. Range Ten nO), West of the Sixth P.M., Hall County. Nebraska,
<br />also known as 4314 Claussen Road. Grand Island. Nebraska,
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<br />and
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<br />East Half (E~) of LOt Seven (7) and All of LOt Eight (8). Block Sixty-
<br />Two (62). Original Town. No,", Cit.y of Grand 151,,\Od, Hall County, Nebraska,
<br />also known as 502 West 2nd, Grand Island, Nebraska
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<br />logether ",ilh alltlu.t t<'nlmllmls and a!'P<1rtertl1nccs thereto bclOnll111g. ;!.U lhe fcms. "'ue. l\tld pmI'll> lhereof. and all
<br />-, riJ:ilU;. royal(it$. mineral. (ill <lnd gas ngltu and !>r<>r.I~. waler, waltor (!!lItIS. and Walef 'tod, and including
<br />all !waling. plumbift.lJ. ItfngefatWn. hghllnll. "'IUIf)m('nt and "Ii fmure' "f ,'V"fV ,jesniplIon ht-Iolllling In Ihe
<br />mort_Of now 01 htteaJt('f atUtt:he-d thereto Of uWd m l.'muJc,"1rnn w1:lh tll<- rrenH..~~ herern described and in additjon
<br />tilcR10 the folkw.'lll! de.nihed pfOf'(!nl't'\ whld! Me "oJ ,hall tA< J<..../I~ ". be fl.'IUl'" and a ran of .he ftalry. and
<br />arc a portion of llu.t !;(\<.'Uflty for llu.t uldffllt'dnes, hcrrin 'liUro. llf none, "ill" "non"",
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<br />To Iulve aad 10 hold tlu.t lJIme unto tho:- Mt>rtllllll<<. 3' Iler<':ln prmided:
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<br />The .ItlO!1Pa01' IJi lllWfull)' ,<m<<! and llO'ele.sed of and has the riKht 10 sril llnd ~<mve,' -;aid property; that Ihe
<br />!OlIml:' h free from aU e~"Ull'll>rII_ e:t.:epl lIS hereinaoo_" rmt,ed; and that Mortgagor cOVenants 10 warrant and
<br />dct'ald tlu.t litlt afOl'~ lhet'rto and "very pan thereof allaulst tlu.t claims of all pcrwns whomwe-.er.
<br />
<br />~ il1llft'tmlcftt i~ gi_ to secure lMpayment {If a promISsory nOle dated ~:,u~1.,~~!.....!~~~~ '_._..._~,.,_
<br />!n theprinripal sum (,f s2!!..~.OO _._____.__..". ,tgned by~.v..1.:~.~,:.,~!:!':.~..:J.:::-'-,,=~~-E..~_~,~~ie
<br />
<br />in !MlIlItf of t~. 1'1' J , 1 yefl_".__~___~_""_._,,.___.._,_'''_.__._._.___.__._.,'_.__.'______"__""_""".''''.'''.'-' ."._.
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<br />lliIo. . ~ lll:lQcot nota.!l"llI1 from time to time b-e modified. f~ or extended in wfitin~.
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<br />III tbtf'lta'lttM title 10. $llid fl:ll! estlI.le is lrtlJJsfermt. Of tOnuacted to be IrlllUferrt'd, from the undersigoo;! for any
<br />~Of~_.1IICUIod w~, the rntire priDcipal sum and ll<'1:ru<<l illler~t shall at once become due and
<br />~at~~oflbehQlder lI<<eof. Failure loe1ten;~ thiS <>pIlon beca~ of tt:lusicr <If tide as above Slaled
<br />.u. ~-i~~_ i,~I\lW: I< W'lIi~ of !be riKht to clllUdse llu.t lIilmr in the _ of any subsequent trllmter.
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<br />I. l1leBlOlIpfOl ~$ alld ~ l\3 (cMl_;
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<br />.,'.,T.~pu t_I~~ by said.proni_tory !lote at tM tilM'S and/lIthe manr~r
<br />tI\IRm.,.itW.
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<br />..
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<br />~T~ .~.ll.ft_, ~~, \\''llJICr.. l'\tl~.1l1ld otber~Q\'ern~tal ,>f munklpal .:har,cs: fine:>. <'f
<br />.~~ for'~~ rnu notbecn ~ l1:enrinhclmc, and will rromptly deliver the offklal n...",ipt,
<br />~~IQl~J!llilt~.
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<br />c, .1'~ __...~..~ lIft(if~ti lUlly be Incttr:red !it tile ptOlel.cuon and malmCtl11IKe or ,...d prnjX'j'1',
<br />1~,.J..f_.M_ltI~~tiy ltllt ~~ fur 1/l'!:,;,>lIect,Qn nf an~' ," all "I the H\dehl~dItN
<br />~__-,~ft4!< ~ fM,~~.ktt-r- h); toon-,astt-~,jj liil!t._ 'nf t'oon -pnx:.:eroin,r,~. or lit ~Hn ~~r.fi,~ hH~arh.."'n Pt' ph)n~t,.~iltj:~
<br />.'f~~ ."'OO..~f.
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