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<br />r <br /> <br />MORTGAGE <br /> <br />84.....'t 003128 <br /> <br />This mortgage made and entered into this _~_ day of. T" n " <br />19_13-"_~, by and belween Timothy W. & Karen M. .Johnson, Husband & Wife <br /> <br />(hereinafter referred to as mortgagor) and Northwest National Bank <br /> <br />mortgagee). who maintains an office and place of business at 200R N W ph h <br />Hall County, Nebraska, <br /> <br />(hereinafter refciTed to as <br />street in Grand Island, <br /> <br />WITNESSETH, that for Ihe consideration hereinafter stated, receipl of which is hereby acknowledged, the mortgagor <br />does hereby mortgage, sell, grant, assign, and convey unto the mortgagee, its succes.~ors and assigns, aU of the fol- <br />lowing described property situated and being in the County of Hall <br />State of Nebraska, <br /> <br />Lot 1 Block 4 Colonial Estates 2nd Subdivision, <br />10 the City of Grand Island, Hall County, Nebraska <br /> <br />tog~ther with aU the lcn~mcnt.\ and arnurtenanc~ there-to helonging. ail the rents, issues and profits thereof, and all <br />easements, rights, royalties, m;neral, oil and gas nghts and profits. \\tater. water rights. and water stock~ and including <br />aU heatin-g, plumbing, refrigeration. hghting. l.~tlUlpfHellf and all nxture~ of every descriptjon belongidg to the <br />mortgagor 11(..1\\' 0' hereaf!cr anat.:hed thereto ~)r u\cd HI \"OnnCcBOn wah the premises herein described and in addition <br />[hereto the foi!owmg de!'(ribed propt'rtie<.. whkh an: and \hall be tieemt:"d to be fixlures and a part of [he realtYf and <br />are a ronion of the ..c.:urity for th-c indebtedne~s herein :...uued. (If none, slalt,~ ';none-') <br /> <br />To have and to hold the ,ante WHO the \1ortga~ee, a"l herein provided: <br /> <br />The mortgagor is lawfully 'elled and po>>e>>cd of and ha, the right 10 sell and convey said property; that the <br />;;.ame i:; free from all t"ncumbranccs ext::ept as. he-reinabove redlcd; and that Mortgagor covenant.s to warranl and <br />defend th~ lilk afor~sald then'w and every pall {hereof again'll the- dalms of aU persons whomsoever. <br /> <br />rhis instrumem j~ given w ...e\.'urc the paymenl of a rromi~:,.ory note dated _.w~J _~_.~_~_~~._'..".__.~._~~~___._.._.~_..._._____.____ <br />in the principal 'Un! of S_ 1...QQ,O..QO. , ,igned by _T!Ill:l.t!J.l'.:W,.l<.l@:~k1,.)~...l.--Hl!stand & \,'ite <br />1n behalf of theme;~..Lve.,,_ <br /> <br />also. as such note or notes may from time to time be modjfj-c--d. renewed or extended in writing. <br /> <br />In the event the title to said fe-'dt estate is trans.ferrcd. or I..-ontra("t{.~ to be l.ransferred. from the undersigned far any <br />reason or by any method whabocvcI. [he..' t'ntin: principal "ium and 3C1.TUea intere-':l shall at once he\:ome due and <br />payable at [he de:lion of (he holder hereof. Failure to e:\crdse this option be\"",ws-e of transfer of title as above stated <br />in oue im\taru:e shaU not (OnE-tilute a \.\aivcr of [he right to e.\eh..'ise [he same in the event of any subsequem transfer- <br /> <br />The mortg..agoI (o\,enants and agre6 a" foHo\.llo~; <br /> <br />a, To p-romp-tiy pay the indebtcdne~s evidenced by "did prtlm!~...t)f~ Ih.Ht" .Jt lhl' tmlt',~ ~HHj iil 111<: BHHHii.'! <br />theH1'1fl provided, <br /> <br />t!, To pay :.111 L1XC-),. a;;'''6.~meHlS. \lialer i.;Ue". i.H!d (\thc! ","o\.nnnll'ntal ell' munil..'lpai (hargo. tint';", ,ll <br />lmpo~nH:m-"'. for wbkh PH1\,hion ha--;, nol lx"en made htfeint.H.:f.HI." and .,.,.-dl pl1...1mptl:-, t.h:li\,t:r {h~ {IHli.:ldl tt:"1...t-q'I', <br />~h~.tlt'kH 1:0 ih-:: "-Md nil.!! l:g~j;t,<e <br /> <br />It' pa;,- "ll~_-h !;'\l>en"i:" ,wJ fe"cI it'> ~lH1Y hI; ~!h.:llrred !n (h' ph'lnHClIl dad nL\i~JJt'n<t!h_, ,'I '..,h.l p..'p\--n, <br />mduJm.1t the f(,t:~ of .un ;~HfHiH'':J t:~mphw'rd h-~ the m..)ft.~ag("t: f<~r Ihe- (~}lk(,h'n ~Eh (" .,H \\j !lv,;~ nltkl"tf.>,.1rw,"_ <br />h('t<:'h~ ~.{:"iHl7d, 'jj ('l\>;:\ ~P'-1<!~> h, qhH(~,l~(,c'" <Iff, ,Ci ,'-IHj!! i't'_l\(;'-('.lllJjl"', l" ,\lb" <br />~ff{''l.\l1)'.~. '<f.ul pl~~~.l<C <br /> <br />'-l...riU~ <br />