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<br />MORTGAGE
<br />83~ l'iG5797
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<br />This form is used in connectIon
<br />with mortgages insured under the
<br />one- 10 four.family .provisions of
<br />the National Housing Act,
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<br />IIIlS MORTOA(;I'. made "nu .",'ul<u Il1i, 28th <I,,, or October ,A.D.
<br />1983 . by and between Clarence Gregory Smith and Brenda Lee Smith, Husband and Wife
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<br />H( (ht' County (If
<br />fhe M(11.t~aIU'}f'- -and
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<br />Hall . anu Sial. of N.hra,ka, pany of the first part. hereinafter called
<br />Commercial National Bank & Trust Company
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<br />a corporal.t4.ln orgaotud and txi...ring under the laws of Nehraska
<br />r;trty of tht scnmd parr I h~reirutl(.er called lhe Ml.')rtgagee.
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<br />WITNESSETH: ThaI the sa,d Mongag"r, lor and io considerali,," or lb. sum 01 Thirty One Thousand Eight
<br />Hundred Twenty-FI va and no/l 00---------------,-- O,'lIa1' IS 31,825.000 t. paId by lh. Mort,
<br />~"!l,et. ,he rC\,~C'trf of which i.. herttty 3cknowleugcd. has Granted ant] Sold and by these presents does Grant. Bar.
<br />g;-Jin. Sdl, C"nvcy and Confirm umo the MOr1g<.lgee-. If'" ~uccc..sPr-J and <I'\signs, forever, the following-de$crihed
<br />n:;.d ~\.fat-c. ..iluated In the Cuunt)' uf Ha 11, . and State
<br />of Nr-hra~ka. w wit"
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<br />North one half (N~) of the East one half (E~) of Lot Nine (9), in Vantines
<br />Subdivjsicnt located on part of the Northwest Quartc_r of Section Twent.y Two (22)
<br />Township Eleven (11) North, Range Nine (9) Wpst of the 6th P.M., Grand lsland,
<br />Hall County, Nebraska
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<br />,lJ lilt' Su.rh l'nn\.'lp-J! Mc-fHkla, ;;1._H\fJHlP~~ in all
<br />m~nt ~urvc-y
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<br />;I.;re\ ~H:cordJng 10 Govern-
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<br />TO HA Vi: ,,\ND ro HOLD the- pf:t'rTll'lC'S ~lt~'~..... dO\:l1nC-U .,.qth "n lhi..' :ipp-urlcn.IOLl:" thcrcunw hclonl1'lOg .If"l Jndudin~
<br /><tllllc~i1ing. plumtnn&t and 11shtlfl~ n:\HJre'\ and equipment no" m htrC~r!(:f .Ill;\ched to l\f u...ed to connection Wllh: \aid real t'j;tate
<br />unttl. the Mortgagee. and [(, ll' '\uc(es"nn ;inJ .a:nfJ!:n\. f~HC'd"f rhe i\t\lftt:..Ii:tl( U'pI'C5tnt\ tn, i.\lu.i \:(lvenanl'i with. the- MoUg3.
<br />jo!C('. Ihal thl' MOOg.;lgof h;l\ iH~t! lIght 10 ,eU and rtH\\IC"( <"':lIJ preml"C\, Ihal lhe\' art free from cncumhr;,mcc: and that the
<br />~h\f'tgag:Ul win \\ ;Hunt ;'ll1ll defend the ~.inH' J(:.3Ifl'\.t [he b"~ifu! d:J1m\ ol ;\l! rCf\l\l1~ 14 h(lm~ocvcr: :lOU the \.ilt.i ~-1ortgagur htre.
<br />h- rt-hnquls-hu .lit ught' l.'[ homc-~tt;}d. and .lil mamal oght\, tlth~r in la'olo ,If In tqUllY, ;wJ.an other conlml;ent intcresl:; of the
<br />\h\fl~ag(l-r In and l1,"l the- JM\'(",dc\\.'rihtJ p-reml\t\. Ihe iU!('Oth1tl. hCH\j.! lO ClI!\\ n- lh'rt',,,,, ;1:1 :lb'iiolUlC III Ie. in (ef.: \imple, ,"c1ud-
<br />m~ all n~hh \l( hdmC''-IC"Jd. and tJlht:( n~hts ;lOJ Intacil".1'> J{.,r-c"ud
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<br />PRO\-lDED ALWA. YS. .;md lh('~ pre~t:nl\ arc- e....c.;:olt:J and Jeh.l."ltd Ui't1fl the frdlln.-:n~ (OndHIOn\. to WIL
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<br />The Kott-qa9or aqree4 to pay to tho HorttlAgee, or or-del", the rrincip.al sum of Thirty One
<br />Thousand,. F,'ight !fund-red TWelHY Five --inti noitOCfJOlln1'9 ($ ~l.H25.00 I. with
<br />Intf'!ce.st frOM date At the t;1'~c;. o~--'tr-Ti!n 3_nd torE'!> Lt.'nthpt-n centum ( to. 3 \~ per annum
<br />on the unpaid balanc" until.- ~'10tT{go . M'lU ttH-~rC'i\fter lit thE." rate of T(:>n and seventy i ivc hundred I
<br />l'-e-r centum {10.~) \) per Annwa on the unpaid bAlanet! until paid. The Baid principal 'And
<br />inler~.t shAll bo p4)'able at the office of Comnlen:iai National Bank & Trust Co. in
<br />Grand Island, Nebraska , or at ~~uch other place as the holder ot the note may
<br />de.l<1~4le 1n writinq, In rnonthl)' In.!JtaUments of Two Hundred Eighty Six and 36/100 -----
<br />Doll-uti {$28b.Jb ). t:t"mmenclnq on tho t1rst da}' of December f
<br />1983 f snd o-n th.e rh.-at day of ~ach JtIOnth t.hereAfter until November, 198" ,and Two Hundred
<br />NInety Six and !l4/00----------0011ou ($ 296.04 ) c.".,..,nclnq on tho fiut doy of
<br />November,. 1~8b ... llnd on the flr:!lt uay of ell~h month thereafter until the principal
<br />and Intere.t are tully paid, except thdt the finsl payment ot principal and interest. if
<br />not sooner -paid. snall be due and pAyable on the first day of November, 2013
<br />all AcC'ordlnq to the teettut of it certain P[omi8~lOry note of even date herewith executed by
<br />the u$id Mo~t9.qor.
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<br />1hC' ~hlft~ot in ,)tdtf m~:IU~ full) 10 protect the st~ufit,~ uf thi, MnrtB..l~C'. Jg:r((\
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<br />t. ~l he' '!;loin pay ~he- indcr,teJnc5-1. J\ hert-Iubefore pw\tde-d. Pn-vlh."~e i,- rnerveJ to pay the denc in whcJle. or in an
<br />,W'tlunt tqmtl t~ tJf\e 01 mOle montMy paYfncnu on the prm(ii'~li th~ll are fic-,-t du~ on II~c Bute. on the flf'H da~' of any monlh
<br />pfkl( to f-ll-a(Ufi-ty. Pto~'iJcJ. h{nH'~("r. That wriUto nt-mec d .:m in-lcntir;o i(l e U!(l\e \lJ(h rrl\'ilc~c i... ~i\r(n ;ll kJy.,l Ihlrty (0)
<br />d3)' print' te, prcpiytnCnL
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<br />! lh&t+ tOitlMl \o\,ith. J-nd in adJiH\1A ,u.lhe monthly p:.\}'mtnb of pn-nt:ip~'11 ;to\.! IOlert\t r~i;YilhJc under lhr term, of thc
<br />nt'lle- M1:ut(d hcfCb,)+ tnc M-Oft-pgHf "in_fla~' to the M$)rl~gee, on the fil\1 dol)' 1\( .(Ji,,"h month until thr \illl! nute is- fuUy paid. the:
<br />i' ~'.ntl--"ln,..sum).;
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<br />~,}) A-W:\J\.iUl \~J;ffi-;,:!!:nl tu pI,whJe th~ hrnJ€1 r.i.'fiCOe ~'iih funds j;p pJY the !iL" mortGage m~ur:t-'\(C plC'llltl.liH If Ihl5.
<br />Instt'U.~u..ult lnd th't np!!' Sl"\:uf'ed hereby .1Ie inuHJ:Y. \H J HlUU-lhJy (haq~e 1m lu"u of a ,Il('flgaXf iflsurat(((' pn"
<br />mtu~nj tt' Ulf:i JH~ hrh! by Ih~ Se('duy of Housmg J;nd UrhJu D(''1l"k1pmcIlL .15, follo","s.
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<br />{t) If lAd !it.~ lnnlA.\ laid note of t"c'cn date and. thi'i mS-l:unv:.nt :Hl: m~u!~d ~H ,ue n:_IH~urtd um.ll.\1 the pt.J
<br />ViYUfa of the N',atiOflA HOV:S-Wl ^,t. an ;;l;I1HJtHH slJfnG~nt tn a,(umU;JI< III the h.am.h of the hoMer unc
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<br />~l.ht.. f..f. fti;:!A .b. du.. nu'..;:;;fl
<br />~" ~(,.fl:." !1:~'" t:.i\. tUJ\ *,"'r~t;{. ,u-t,ei
<br /><~~.. au~- ~"th\
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<br />~~~Y.,~~""~! ~-.-,\ .Z',-(jJ;.s. 't\,l;>",'" !"'''j' n-.. U""A':1 H~t:t ~'$Nl't rl- t~I-'4'F,j...~1
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<br />Sl^U~ Of Nt;.UFlA5,J(A
<br />qvt- ~.J14 H...~ (~ -H:r
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