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<br />I
<br />f:J(;r:~ORTGAGE 84-
<br />
<br />003313
<br />
<br />r
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<br />Thi~ mortgage made and enleredinlo this
<br />19_~, by and between Michael L.Hard$ and Katen S.
<br />as joint tenants
<br />(hereinafter referred-to as mortgagor) andN6rthweStNl!donalBank
<br />
<br />
<br />mortgagee), who maintains an office and place ofbusiriessat
<br />Hall County, Nebraska_
<br />
<br />Wl'tNESSETH. thai for the consideration herclnafterstated,
<br />does hereby mortgage, sell, grant, assign, and convey unto the _
<br />lowing described property situaledandbeing in the County of
<br />State of Nebraska,
<br />
<br />The Northerly Fifty-Five (55) feet of Lot Nine (9),
<br />Northerly Fifty-Seven (57) feet of Lot Ten (10) ,in
<br />in Schillllller' s Addition to. the City of Grand Island,
<br />
<br />togelhe-r with alllhe lenements and appurtenance;, therelObelonging, all the rents, issues andprQf"ttsthetecifi'and.-al\
<br />easements. rights, royahies. mineral. nil and lias righls and profits. water, water Tights, and wateistot;k,l!lIdtncluding'
<br />all heating. plumbing, refrigeralion, lighting, equipment and all fixtures of every description belongilJll.:-to:the
<br />mongagor now or hereafrer attached thereto or used in conn~tion with the premiseshereindescribed;and;in;addition
<br />Ihereto Ihe following dl"iCribed properties which are and shall be deemed 10 be tlxtures and a pari of therealiy:,alld.
<br />are a ponion of the security for Ihe indebtedness herein stated_ (if none, state "none")
<br />
<br />To have and 10 hold the same unto ,he Mortgagee, as herein provided:
<br />
<br />The mortgagor is lawfully seized and possessed of and has the right to sell and convey saiC\ PrOperty; tharthe
<br />same is free from all encumbrances except as hereinabove redleC\; and that Mortgagor covenants to warramand
<br />defellC\ the title aforesaid therew and every part thereof against the daims of all persons whomsoever.
<br />
<br />This instrument is given to secure Ihe payment of a promissory note dated .__::!..tlne 20. !.98L-_~___
<br />in the principal sum of L1:.:!.,.222:_Q~____..______. signed by Michael K. & Kar",n SHard",.
<br />in behalf of __l!!~l'L~~-,;!~_jQj.IJt.._lellant.a,__ _ ______Q~ and wi f", , __,__________
<br />
<br />also, as such note Ot notes may from ,ime '0 time be modified, renewed or extended in writing,
<br />
<br />In tbe event the. tille to said real estale 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 lhe election of the holder hereof. Failure to exercise Ihis option because of aansfer of tille as above stated
<br />in one instanj:e shall. not con.stitute a waiver of Ihe right to exercise the same in the event of any subsequent transfer.
<br />
<br />L The mortgagor covenants and agrecsas follows:
<br />
<br />&. To promptly pay the indebtedness evidenced by .<mid promissory nOle al Ihe limes and in Ihe manner
<br />therein plQvicled,
<br />
<br />""l
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<br />b, To ria) aU f.axes. a:s.s<ssmc:nts~ Wt.\ler rate.':;. arid other governmental' or munh.~ip3[ chargcs1 fine~. or
<br />imp<>sllions. fOI whkh pro,-ision ha, not been made hereinbefore, and wi.lI promrlly delh-er the official recell:>;'
<br />theter,,, to lhesa14 manllagce.
<br />
<br />("'. Tv pay 'H_H.~h e-_~veflM'~ an(f fte~ a,'i: fTIJY be incurred lh- the P!Ofe-CI1{)n ~md mamt-cnam,'C ;Jf s.aid Pf()f-!,:ii~,
<br />i.fl\JU\iiAi _lhe .fees ~}r any aHofneyel1lph.>.ycd by_the moft.$ag<< for the (:olle"\.~t.i(ln of any or an ot the i!H.khtcJnt'~:.
<br />h<'~<,b)' \ccur-r-J. ;;:v f~)f((h):'Uf,(" by- ml.)nfl03~rt!:\. sale, ~,'fr (!t1un pr(K('cdm~;,. nor m :--01;' ('~h~<_1 nIl~aljiJh ,)1 fYI'O\:'l:cdinf
<br />;.ln~'lJl$: ~afd propt.rt:.- >
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