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<br />MORTGAGE
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<br />U , ~'
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<br />'084 -----003576
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<br />This mortgage made and,enteredinto this 5th day of Jill y
<br />19~, by and between Clarence L. Shuda & Vernie K. Shuda, HuSband & Wife
<br />Joe E, Setlik& Dorothy M. Set1ik, Husband & Wife
<br />(hereinafter referred to as mortgagor) and Northwest National Bank
<br />
<br />mortgagee), who maintains an office and place of business at 200R N
<br />Hall County, Nebraska,
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<br />(hereinafter referred to as
<br />W", h h R 0 ~ cI street in Ghmd'ISland,
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<br />W!TNESSETH, that for the consideration hereinafter slated, receipt of which is hereby acknowledged, the mortgagor
<br />does hereby mortgage, sell, grant, assign, and convey unto the mortgagee, its successors and assigns, allofthe' fol.
<br />lowing described property situated and being in the County of Hall
<br />State of Nebraska,
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<br />Lot One (1), Lot Fifteen (15), Lot Sixteen (16),
<br />Lot Seventeen (17), Lot Twenty Three (23),
<br />lot Thirty (30) Bnd Lot Thirty One (31) Westroads
<br />Esates Fourth (4th) Subdivision, Hall County, Nebraska
<br />
<br />together with all the lenementS and appurtenances Ihereto belonging, all the renlS, issues and profits thereof, and all
<br />easements, rights, royalties, mineral, oil and gas rights and profits, water, water rights, and water stock, and including
<br />all heating. plumbing. refrigeralion. lighting, equipment and all fixtures of every description belonging to the
<br />mortgagor now or hereafler attached thereto or used in connection with the premises herein described and in addition
<br />thereto the following described properties which are and shall be deemed 10 be fixtures and a part of the realty, and
<br />are a portion of the security for Ihe indebtedness herein Slated, (If none, state "none'"
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<br />To have and to hold the same untO the Mortgagee, as herein provided:
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<br />The mortgagor is lawfully seized and possessed of and has the right to sell and convey said property; that the
<br />same is free from all encumbrances except as hereinabove recited; and that Mortgagor covenants to warrant and
<br />defend the title aforesaid thereto and every part thereof against the daims of all persons whomsoever,
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<br />This instrument is given to secure the payment of a promj!j;'~!J fp,p.te dated _~ u 1 y 5 -'--!.~~~______
<br />in the principal sum of $, Jhirty hve 'llY>11~nrt_ NlflP. H1mnrp!\'s'jg'ne'd by ~.tiJern:ip_L_~~__,_""_____
<br />in behalf 01'_____<_ ~1Vf'R___________~__~___<_______________.__..&.Jre..R__~--------
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<br />also, as such note or notes may from time to time be modified, renewed or exlended in writing,
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<br />In the event the title to said real estate 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 shaH at once become due and
<br />payable at the election of the holder hereoL Failure to exercise this option because of transfer of tille as above stated
<br />in ol\!' instan~e shall not constitute a waiver of the right to exercise the same in the event of any subsequent transfer.
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<br />L The ntQrtgagor covenants and agrees as follows;
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<br />8_ To promptly pay -the indebtedness evidenred by said promissory note at the limes and in the manlltf
<br />therein prOvided __ -- <
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<br />b. To pajl' aU taxes. as.ses.srnenls, water rat_cs, aI1d mnc.t governmental or municipal .:harg-cst fines, (Jr'
<br />imposilh)f\S1 for which: provision has not been made herdnbef.ofl\ ,ind will promptly deliver tht' offic:ial rctclpt."
<br />thcH'for (0 the S-~tiJ m\Jrtgagt*c
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<br />t, To pay 'Hh---h exp.~ns-cs and fees <)1<, may be Hl{:Uf!<:'>U in th~ prtHel.:ttnn imd maintt'nalh:'1i' ;Jf 'i~Hd pr')j"h;;!.Y,
<br />Iftdudirt~ {hc fees ()f a'ny attorfl.e'Y emp]oy~d by thlt nUJrigagee fot tht: ({)I!~ttj('m f,r .anv 0!' ,tH (If {tw in~!'eh!cdne~_"
<br />he-ten.,- !'>(:"-t'lH~. Ot f()r-td\'htJH~ hy m(}rfga,get"_~ \,ak. (;f ".oun pn)(('cdiH?~, m in ;'i-n) c;d't~'-f j;ti~~aH~,n pn)t'f\'d~n-f.
<br />~ffli,~.~tri~ \ajd pn)l!<"{~
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<br />~~G!I
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